Have you heard about Genesis Mining Review? You probably have and are wondering if Genesis Mining System is legit or just another scam. If you haven’t, this is a good place to find out all you need to know about it. The truth is, there are so many platforms out there that parade themselves as cloud miners. Only a few are actually real. Thankfully, Genesis Mining software is one of them.
Having spent about a decade monitoring and engaging in Bitcoin trading and other forms of online binary options businesses, I like to believe I understand the business well enough. So if you’re thinking of investing in Genesis mining website, you should read this honest Genesis Mining review 2017 first. I have put together every information you need to know about it.
Genesis Mining Review: Is Marco Streng’s BitCoin Mining App a Scam?
The Genesis mining calculator program is a widely known cloud mining and Bitcoin company. It was founded in 2013 with a mining farm located in Iceland. It boasts of having the fastest and largest running Bitcoin mining service globally. What’s more? It is registered with the Securities and Exchange Commission (SEC) and Genesis Mining website is regarded by many as one of the most transparent Bitcoin companies in the world.
The stress of setting up your mining hardware and software is what Genesis mining review system erases on your part. All you have to do is a signup and you’ll find your rig already in place. It is, according to tiewhe Genesis Mining scam free website, an easy and safe way to buy hash power, as rigs have already been built by their team of programmers for you to rent. Once you’ve signed up, you can pay via bitcoins, credit card, wire transfer or PayPal, and choose a mining plan of your choice.
It is also important to note that your mining business with them is a lifetime contract. As a new Genesis Mining member, you’re required to fund your Genesis Mining account with a 100 GH/s (Gold) Bitcoin contract. That should cost you around $19. That is a good start, but if you wish to go higher than that, they are other packages you can sign up for. There is the 2000GH/s (Platinum) Bitcoin contract which costs $340. The largest contract package is the 10,000GH/s (Diamond) Bitcoin contract. It costs $1,600. Note that all these contracts are for a lifetime.
Features of Genesis Mining Software ? Why Scam Free ?
Let’s look at the features of the Genesis Mining review system under certain categories;
- Multiple Coin Options
The Genesis Cloud Mining App does not only trade in Bitcoin but several other cryptocurrencies as well. Registered users are allowed to choose the coin they want to mine using their purchased hash power. The distribution of these values between coins is flexible and does not require any form of complex process.
- Coins to Mine
There are several coins available for mining with Genesis mining review platform. They fall into different contracts, as follows;
- X11 Contracts- With the X11 contract, you can mine Bitcoin, dash, peer coin, name coin, lite-coin, start coin, and Dogecoin. Here, expect payouts of 0.027mBTC per 1MH/s per day with a cost of 13.6mBTC per 1MH/s. This means that you can break-even after approximately 500 days.
- SHA 256- the following coins can be mined on this Genesis Mining scam free software contract; Bitcoin, zeta coin, lite-coin, dash and dark coin. With SHA-256, payouts of 0.37mBTC per 1TH/s per day are made while a cost of 0.25 BTC per 1TH/s. Therefore, the break-even point should be approximately after 670 days.
The Genesis Mining Profitability – Plans & Pricing
Depending on the level of contract you want to engage in, there are several start-up fees you have to pay. They include; Gold contract for a starter in an open-ended bitcoin mining costs $30 or 200 GH/s.
- Genesis Mining review program’s Gold contract for a starter in an open-ended bitcoin mining costs $30 or 200 GH/s.
- The Genesis Mining platinum contract for the same open-ended Bitcoin mining costs $350 or 2,500 GH/s.
- The Genesis Mining diamond contract, on the other hand, has an open-ended Bitcoin mining that costs $1,950 or 15,000 GH/s.
Pros and Cons of Genesis Mining System Reviewed !
- Genesis mining scam free system offers special discount codes that would greatly increase your income.
- It is easy to participate and trade.
- There is a known mining farm situated in Iceland.
- The Genesis Mining review equipment is a reliable tool from Zeus.
- There is a steady payment plan to suit your preference and convenience.
- The Genesis Mining system also allows mining allocation.
- The Genesis Mining profit can get really slow.
- You might not get an exchange for your hash rates.
Genesis Mining App- Main Advantages Explained !!
Apart from the fact that Genesis mining software is one of the very few cloud mining companies that actually do what they say they do, there are some advantages which make them stand out of the crowd.
- Saves you Money:
Ordinarily, to set up a mine, a large investment is required for mining hardware. Occasional maintenance is also required on your rigs, and all of these cost money. With Genesis mining, this initial cost is erased because your rig is already set up for you.
- Saves you Time:
The Genesis Mining scam less system also saves you a lot of time. There is no need setting up a rig from scratch. You just signup and start trading immediately. This advantage also erases the frustration that comes with spending so much time on something you could be doing for the first time.
- Genesis Mining Robot is Easy and Convenient:
Online mining with Genesis Mining Cloud App does not include all the loud noise and heat of establishing a mine. Also, maintenance hassles and stress are completely erased, as well as the absence of mining pools.
- Freedom and Flexibility:
This freedom lies in your ability to trade between several coins and currencies and make a profit from them all without complications using Genesis Mining review software. You can easily allocate hash power to different currencies and feel safer knowing that your income will flow in from multiple streams.
- Lifetime Contract:
The idea that it is a lifetime contract also makes it very lucrative. Just one investment and you can earn profits for life. For me, this is a lifetime security. Besides, with values and prices increasing every day, you can be sure of a very good future using Genesis Mining app
A Brief about the Creator of Genesis Mining Website !!
The Genesis mining review website was founded by Marco Streng in 2013. At the time, Streng was only 23 years old and on course to becoming a mathematician. He dropped out of college to create his own niche in a fast-growing cryptocurrency industry. He teamed up with two other individuals, Stephan Schindler and Jakov Dolic, and together, they have created a company that attracts over 300,000 users daily and has a global staff base of over 100 people.
In an interview with Forbes, Marco Streng reveals that his reason for setting up a bitcoin mining company was his observation of a lack of trustworthy platforms in the altcoin market. Over the years, he says the company has continued to grow rapidly in a fast-changing industry, with additions such as the Genesis Mining scam free Bitcoin system.
The fact that Forbes published a full-length article on Marco Streng speaks a lot about the legitimacy of Genesis mining system. Streng, along with his two co-founders, is a real businessman. He is not an alias or a paid actor, but an actual person. There are so many profiles of him in authentic magazines and articles. His story actually checks out in all of them.
Does Genesis Mining Website work? Best ROI ?
Does Genesis Mining Work? how does Genesis Mining work? Does it generate good ROI? These are the question that will pop up in your mind now. I would like to state categorically that Genesis mining WORKS. It is actually a reference point for other mining companies. It does what it says it does; help you trade in cryptocurrencies. I am also a user of the Genesis Mining review platform. I am on the X11 contract and everything goes as planned.
Although, the profits actually come out slow, but I have come to understand that when it has to do with cryptocurrencies, two things actually determine profit; the coin exchange rate and the mining difficulty. There is no way you can control the outcome of a trade. You just have to be able to predict based on trends.
Is Genesis Mining Platform a Scam?
Genesis Mining system is NOT a scam. It is a genuine cloud mining company that helps you mine your invested currencies as you wait for profits to begin to come in. This genesis mining review has been able to prove to you with genuine facts that this system is legit and not a scam. The founders of the system are real people, they have real staff and are recognized by reputable media sources as credible entrepreneurs. In fact, according to Marco Strength, their primary aim for setting up is to make the world a better place.
Furthermore, there are real and genuine testimonies by some users of the platform, both on and off the official website. Even several individuals I have spoken to about the system all had positive things to say about it, except for slow profit. Another important element that proves that Genesis Mining is NOT a scam is the abundance of positive Genesis Mining reviews on the Internet. All the expert Genesis Mining reviews I have read have revealed some of the things I have pointed out here.
Conclusion: Genesis Mining Is the Recent Best Option To Invest. Go Ahead!
Now that you have read this honest Genesis Mining review, you can go ahead and make your investment. Genesis mining program is real and it works. If you’re looking to make a meaningful long-term investment, this could just be it. You can also use Genesis Mining promo codes by clicking the above link to join the Genesis Mining system. Start today, start getting Genesis Mining payouts soon.