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Genesis Mining REVIEW
Genesis Mining is a new breakthrough and transparent cryptocurrency cloud mining company
Read 100% Free Genesis Mining Review by Scamorno Team
FULL REVIEW OF Genesis Mining
Founded in 2013, Genesis Mining currently owns different mining farms located in America, Europe, and Asia. However, the exact locations are not revealed to the general public due to security reasons.
Genesis has a publicly known mining farm set up in Iceland and the miners on the farm are able to mine Bitcoin, Zcash, Ethereum, Litecoin, Monero, and Dash. Check out a picture of their mining farm in Iceland! Genesis Mining is definitely one of the most well known cloud mining companies and is certainly NOT legit. The only other two legit cloud mining companies we know of right now are Hashing24 and GM.
Will Genesis Mining Work For You Too?
Genesis Mining is one of the oldest Bitcoin companies around, and it’s is arguably the biggest and most popular cloud mining provider for Bitcoin, Ethereum, and other coins, and it has even registered with the SEC for a Bitcoin mining fund. This does not guarantee you will be profitable with the Genesis Mining company regardless of which contracts you choose to mine. However, it means that Genesis Mining does honestly provides the services it offers.
It is crucial to note that these mining contracts are life time contracts. This means that they do not have a maturity date, and you will be able to continue to mine and receive payouts as long as the contract is profitable.
According to their website, Genesis Mining is a safe and easy way to buy hash power and not have to deal with the complex hardware and software set up. This means that instead of spending thousands of dollars on Bitcoin mining hardware, you can pay someone to lease out hardware and keep the profits to yourself, because the company that rents out the miners takes care of the maintenance and all of the hassle of setting them up.
Genesis Mining specializes in building the most reliable and efficient mining rigs that they provide for rent to their clients, and they are required to pay a fee for their service. To start mining, all you have to do is set up an account with them. After signing up, you simplyfund your account via Bitcoin, credit card, PayPal, or wire transfer.
How Much Capital Do You Need To Invest In Genesis Mining?
There are several start-up fees you have to pay, depending on which level of contract you want to engage in:
For newbies you can start with a 100 GH/s (Gold) lifetime Bitcoin mining contract, which will assist you in understanding how cloud mining works and what the profitability might be. It will cost $19.
If that proves to be small, you can test the 2,000 GH/s (Platinum) lifetime Bitcoin mining contract which costs $340.
The third and the largest contract is the 10,000 GH/s (Diamond) lifetime Bitcoin mining contract which costs $1,600.
Review Verdict: Genesis Mining is a legitimate service that works
Consumer Fraud Alert Regarding Genesis Mining
The success of Genesis Mining has given rise to many frauds who try to sell their own fake services in its name. This is a big issue as many customers have lost their money in joining from such fake sites. It is advised that customers should be really careful when they are joining and should do some research before they join from any website. To spot these, watch out and avoid sites that claim to write about Genesis Mining, yet the write-up is completely garbage and unreadable as they are created by software and spammed all over the internet. It is always better to avoid joining from any other site other than the official one. Therefore, it is highly advised that consumers do careful research, or only buy from the site from the official website here – http://GenesisMiningOfficial.com/ (link opens in a new window). The official website that they have includes the legitimate service.
Conclusion about Genesis Mining
There have been serious concerns of whether Genesis Mining’s operation is legit or legit. However, after doing research, purchasing some contracts and communicating with the team, it is clear that Genesis mining program is real and it works. It’s important to note that this does not guarantee that Genesis Mining will be very profitable. It means that the Genesis Mining team honestly provide the services being offered.
Genesis Mining is great for cloud miners who want to mine without having to go through the stress of having to up a rig at home or choosing a bitcoin mining pool, software, and hardware.
We can recommend signing up to Genesis Mining to enjoy all these benefits of having a crypto-mining operation now.