Cloud mining FRAUD and Genesis Mining contract feessteemCreated with Sketch.

in #cryptocurrency8 years ago (edited)


YVhXDJ = Genesis Mining 3% discount https://www.genesis-mining.com/a/224536


@tpos payment #1 : The pot accumulated a balance of 1147.974 STEEM and paid out an equal 49.9 STEEM to all 23 participants. The next pot has new rules.


  1. Send a tip of no less than 35 STEEM to The Pot of STEEM.
  2. Every 2 to 3 days the pot pays equal amounts of STEEM to every participant.
  3. Tips below 35 STEEM are treated as donations and senders won't get a payout.
  4. Lowest value tips will be refunded (lowest meaning the bottom 10% tip values).
  5. Payouts managed by @murh

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I don't know if this is high fees since did't shop around. I had read more negative things about Genesis than positive things but i bought 0.400 TH anyways. I will upgrade once it makes enough for me to upgrade the minimum. That might take a long time as I am banking about '0.12' cents us (edited) per day at todays bitcoin rates.

If it doesn't make enough for me to upgrade by the time it becomes unprofitable I won't have much nice to say. So let the experiment begin.

you need about 3TH to reach profitable

I hope to upgrade. I don't yet feel genesis is robbing me.

And I like it gives me the bitcoins. Those could, probably will skyrocket, and what is banked today at 12 cents value in a year could be worth a dollar or more.

I might be longer term investment then people are banking on.

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