Reviews about cloud mining Genesis Mining and service ratings on various forums and blogs put it in the top three, and sometimes even in first place in the list of the most stable and highly profitable ways to invest in cryptocurrency. Let's check why today many users work with this platform for simplified mining.
Isn't it a scammer?
Of course, there are also unflattering reviews about genesis.mining.ru, the Russian-language website of the company of the same name. Usually they are supported by arguments that the company actually has nothing to do with cryptocurrency, but is an ordinary financial pyramid. Such distrust in the Russian segment of cloud services was caused by several unpleasant fraudulent schemes that have been operating for several years, stealing and deceiving tens of thousands of users.
On the website of the company itselfthe address of the office is indicated, which the administration willingly invites each potential client to visit in order to decide whether to invest or not. The office is located in the capital of Iceland - Reykjavik. One of the company's data centers is also located there, a video from which can be viewed on the website. Alas, it is not possible to get inside or find out the address for security purposes. According to representatives, there are at least two more data centers in Iceland.
You can get acquainted with this information, as well as reviews of www.genesis-mining.com, by making an appropriate search query. But already on the basis of these data, it can be understood that the company is not just another fraudulent one-day business, but a full-fledged investment tool. The service appeared back in 2010, and has been around for a long time and has acquired regular customers.
Why do most people choose Genesis Mining?
You don't have to take our word for it and register yourself to test the real simplicity of the service. Even a beginner who absolutely does not understand cryptocurrency can understand it and immediately start making a profit. This was achieved thanks to the incredible information content and ergonomics. At the same time, experienced users also like working in this web interface. Here you can view detailed statistics, as well as change the real-time mining settings.
Advantages of cloud mining from "Genesis Mining"
- Not necessarybother with theoretical knowledge about mining, pool sizes and other technical terms.
- No need to purchase expensive equipment and create your own farms.
- The huge costs of electricity consumption and cooling of the room are eliminated.
- There is no need to spend money on equipment maintenance and keep it running smoothly.
Variety of cryptocurrencies
In 2014, feedback from Genesis Mining users forced developers to expand the list of mined electronic currencies. Up to this point, only bitcoin could be mined. The following currencies are currently available for mining:
- Bitcoin.
- Litecoin.
- Dash.
- Ethereum.
- Monero.
- C-CASH.
For convenience, the developers have added the ability to exchange all third-party cryptocurrencies for bitcoin when withdrawing to a personal wallet.
Tariff plans
To start investing and start making a profit, you need to purchase the right tariff plan. The most important parameter that you should pay attention to when choosing is the allocated power. A tariff plan is a kind of contract, which is concluded for a period of 24 months. During this entire period, earned digital money will be withdrawn to your wallet. The contract can be selected from ready-made - Small, Medium and Large. Or create a new tariff plan specifically for yourself, specifying the required amount of power.
Payment
It is possible to invest money in mining capacities and concluding a contract through the MasterCard, Visa payment system, as well as the cryptocurrency itself from the list of generated ones. Payment must be made in US dollars. Please note that the withdrawal of earned funds is made to a bitcoin wallet.
What you need to know before starting cooperation?
- Long-term contract is not a guarantee of high profits. If you signed a contract for a certain amount of computing power, then in a year this amount will not be able to generate the same income as at the beginning of the contract, due to the increase in the complexity of calculations that occurs regularly.
- The agreement to be concluded provides for a clause agreeing to which you accept the condition under which the money invested by you cannot be returned. In this case, the service provider may unilaterally terminate the contract and cease to provide services, that is, deprive you of profits and keep your money.
- The legal address of the company is located in the city of Hong Kong, which is an offshore zone for the Russian Federation and a number of other countries. Thus, even if legal agreements are violated, the investigating authorities will not be able to apply any search actions in relation to the company itself and its employees.
- There is an opportunity to increase your income. For this, an affiliate program is provided to attract referrals. All you need to do is bring users to the service who will become regular customers. ForTo do this, they must register using your link. For them, you will receive additional bonuses in the form of a percentage of their profits.
- Simultaneously, you can mine several types of cryptocurrencies, distributing computing power in a convenient interface. According to the creators of the service, due to this architecture, where you can make changes in real time, viewing the accumulated funds is impossible. Therefore, you can find out your earnings only when you receive a payment to your wallet.
How to register on https://www. genesis-mining.com?
User reviews testify to the simplest registration process. To get started, visit the official website and check out the pricing policy, as well as available offers. Then go to the registration window. Immediately pay attention to the fact that the service is available in Russian. For successful registration, you only need to provide an email address and a password.
Genesis Mining: personal account reviews
After a quick registration process, you will find yourself in a convenient personal account. As mentioned above, the cabinet has a very clear structure. Before you get started, go to the "Settings" section and fill in all the information about yourself. For maximum account security, set "Two-factor authentication". This option will send an SMS with a code to your number every time an authorization is made.
Another important step is to fill in information about wallets. Go to the "Wallets" tab andenter your cryptocurrency accounts in the required fields. Pay attention to their correctness, because if you make a mistake, the money will go to another account and you will not be able to return it.
More about withdrawals
Paid reviews of https www.genesis-mining indicate that the service is not quite able to cope with the current loads. The payout period has been extended to 72 hours. And this means that you can expect the transfer within three days. Payments must be made at the end of each day. Also pay attention to the mandatory minimum for withdrawal. Yes, each cryptocurrency has its own limit.
Also, representatives of the service officially report on their Twitter account about the shortage of Monero and Ethereum currencies. But they promise to do everything possible to overcome a small "crisis".
Keep your finger on the pulse
One of the ways to always find out up-to-date and truthful information, as well as reviews about Genesis Mining, is on the official account on the social network "Twitter". In the "Press" section of the official website, you can find informational articles and news about cryptocurrencies. Also - read reviews about Genesis Mining from well-known and reputable financial institutions that cooperate with the company. There is another information section - "Blog". The news of the service itself is published there. From these news, you can learn about changes in the operation of algorithms, innovations and some convenient features.
To track the amount of profit in your account, there are special charts for each currency. on them dailyearned funds are fixed, and then a curved line is formed that displays the overall dynamics.
Summarize
If you have firmly decided to invest in cryptocurrency, but are afraid of the responsibilities that will fall on you when organizing a personal farm, then Genesis Mining is one of the best services that will free you from topical problems and allow you to focus on productive investments. To start investing, calculate the possible profit in detail, and if you still decide, immediately invite your friends through the referral program to regularly receive bonus payments.
