Genesis Mining: a review of the service and features

Reviews about cloud mining Genesis Mining and ratings of the service on various forums and blogs put it in the top three, and sometimes even in first place in the list of most stable and profitable ways of investing in cryptocurrency. Let's check out why many users today are working with this platform for easy mining.

Not a Scam?

Of Course, there are unflattering reviews about genesis.mining.ru -the Russian site of the company. Usually they are supported by arguments that the company actually has no relationship to the cryptocurrency, and is an ordinary financial pyramid. Such mistrust in the Russian segment of cloud services have caused a few nasty scams that operated for several years, robbing and tricking tens of thousands of users.

On the website of the company the address of the office that the administration gladly invites you to visit each potential customer to decide-to invest or not. The office is located in the capital of Iceland-Reykjavik. There is also the one of the data centers of the company, video from which you can view on the website. Alas, to get inside or get the address, it is not possible for security reasons. According to representatives in Iceland is additionally at least two of the data center.

To Read this information and reviews about www.genesis-mining.com you can do by making the appropriate search request. But on the basis of these data it is possible to understand that the company is not another fraudulent “night” and a full-fledged investment tool. Service came back in 2010, and has been for a long time there and got regular customers.

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Why most opt for "Genesis mining"?

You may not believe in the word and register yourself to check the actual simplicity of the service. To understand it and immediately begin to make a profit even a beginner who is absolutely not clue about cryptocurrency. This was achieved thanks to the incredible informative and ergonomics. At the same time work in the web interface, like an experienced user. Here you can view detailed statistics, and change settings hashing in real time.

The benefits of cloud hashing from "Genesis mining"

• No need to bother with the theoretical knowledge about mining, the pool sizes and other technical terms.
• There is No need to purchase expensive equipment and the creation of private farms.
• Eliminated a huge cost on electricity consumption and cooling costs.
• There is No need to spend money on equipment service and maintain its stable performance.

Variety of cryptocurrencies

In 2014, the user reviews Genesis Mining has forced developers to expand the list of the extracted e-currencies. Up to this point could only mine bitcoin. At the moment, for the extraction of the following available Valuta:

• Bitcoin.
• Litcon.
• Dash.
• Etherium.
• Monero.
• S-CASH.

For convenience, the developers have added the ability to exchange all third-party cryptocurrencies to bitcoin upon withdrawal to a personal wallet.

Pricing plans

To begin to invest and begin to profit, you need to purchase a data plan. The most important parameter, to which you should pay attention when choosing – allocated capacity. Tariff plan – it is a kind of contract that is concluded for 24 months. During this period, you wallet will be phased-earned digital money. Contract you can select from ready-made – Small, Medium and Large. Or create a new tariff plan specially for themselves, putting the right amount of power.

Payment

To Invest in capacities for production and contract through the payment system MasterCard, Visa and the cryptocurrency from the list generated. Payment must be made in U.S. dollars. Please note that withdrawal of earnings is made on the bitcoin wallet.

What you need to know before joining?

1. Long term contract – is not a guarantee of high profits. If you signed a contract for a certain amount of computing power, what a year this volume will not be able to earn the same income as at the beginning of the contract, due to the increase in computational complexity that occurs on a regular basis.
2. In the contract option, agreeing to which you agree with the terms on which the money invested you cannot get it back. The service provider may unilaterally terminate the agreement and cease to provide services, that is to deprive you of the profit and keep the money.
3. Legal address of the company is located in Hong Kong, which is an offshore zone for Russian Federation and other countries. Thus, even in violation of legal agreements, the investigating authorities will not be able to apply any investigative action in relation to the company andits employees.
4. There is a possibility to increase your income. This has an affiliate program to attract referrals. All you need to do – to bring to the service users who will become regular customers. To do this, they must register through your link. For them, you will get additional bonuses in the form of a percentage of their profits.
5. Simultaneously, it is possible to mine multiple types of cryptocurrencies, distributing the computing power in a convenient interface. As stated by the creators of the service, due to an architecture where you can make changes in real time view the accumulated funds is not possible. So find your earnings only when you receive payment on the wallet.

How to register for https://www. genesis-mining.com?

The user Reviews indicate the simplest registration process. First of all visit official website and refer to the policies and also the available offers. Then go to the registration window. Note that the service is available in Russian language. For successful registration you need to specify only the email address and password.

Genesis Mining: feedback on personal account

After a quick registration process you find yourself in a comfortable private office. As mentioned above, the Cabinet has a very clear structure. Before you begin, go to the “Settings” and fill all information about yourself. For maximum account security install ‘two-Factor authentication". This option will send the SMS code to your number each time authorization is required.

Another important step – will be filling out information on the wallets. Go to the tab “Wallets” and fill in the required fields their cryptocurrency accounts. Please note that they are correct as if you make a mistake, the money will go to another account and return them will not work.

Read More about withdrawals

Paymaster feedback about https www.genesis-mining talking about the fact that the service is not quite cope with the current loads. The payment period was increased to 72 hours. This means that the expected transfer is possible within three days. Payments must be made at the end of each day. Also note the mandatory minimum for withdrawal. Yes, each cryptocurrency has its own limit.

Representatives of the service formally reported on its account on "Twitter" about the lack of currency Monero and Ethereum. But I promise to do everything possible to overcome the small “crisis”.

Keep up the “pulse”

One way to always obtain the most current and accurate information, as well as reviews of Genesis Mining on the official account on social network "Twitter". In the section “Press” official website you can find information articles and news about the cryptocurrency. Also read reviews on Genesis Mining from known and reputable financial institutions who collaborate with the company. There is another information section – “Blog”. It publishes news of the service. From these news, you can learn about the changes in the algorithms, innovations and some convenient functions.

To track the amount of profit in the personal Cabinet there are special charts for each currency. They record daily earnings, and then formed a curve that shows the overall dynamics.

Bottom line

If you've decided to invest in cryptocurrency, but are afraid of the responsibilities that fall on you when organizing a personal farm, "Genesis mining" – one of the best services that will be free from urgent problems and focus on productive investment. To start investing, details to calculate potential profit, and if you still decide – immediately call friends for a referral program to get regular bonus payments.