[ Genesis Mining ] Long awaited Bitcoin contracts are back, but I am not buying
On Friday I received an email notification from Genesis Mining that the bitcoin cloud mining contracts are back. Great! We waited 3 months for it. Then the bad news…
The sale of Bitcoin mining contracts is on pre-sale and you will not earn anything until 28 February 2018. That is more than 3 months of no earnings on your money!
The second surprise was that the price for contracts increased and the minimum purchase is up to $179.00 of 1 TH/s. The minimum purchase was $30 before and you only paid $150 for 1 TH/s before.
So over the weekend I did not jump to buy more Genesis Mining contracts, but went straight to USI-Tech and bought another Btc Package for 50 Euro. And I am earning 1% per working day. That is about 22% per month compared to 15% from Genesis mining bitcoin contracts the last time I checked. It might be lower now.
Here is a video I made with more details:
.What do you think of the Genesis Mining news?
Please comment below with your thoughts. I upvote all comments.
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Thank you for your support.
Regards
Colin Brazendale
Email: [email protected]
Facebook: https://www.facebook.com/colinbrazendalesinternet/
Youtube: https://www.youtube.com/user/czb1972/
More information about me:
I am a successful bitcoin cloud miner and affiliate of Genesis Mining and USI Tech. I have been mining for the last 16 months. I am in profit and doubled my bitcoin in this time. I highly recommend Genesis Mining and USI Tech to earn bitcoin and make money online.
16 Reasons why I joined USI-Tech:
- USI-Tech has proven success for more than a year
- USI-Tech has bought a $70 million mining farm for daily payouts with new technology that will save 95% on electricity cost.
- Crypto mining is a sustainable business as all cryptos need mining. Genesis Mining has 1 million members
- USI-Tech cloud mining is a 100% passive income business, no need to refer people to make money
- USI-Tech has transparent owners and staff. Company Registration number ICC20160282, has its headquarters in Dubai
- All the big network marketers online have joined USI-Tech, because it is a great company
- USI-Tech provides 24/7 Support with telephone number to be added soon
- USI-Tech is launching their own cryptocurrency called Tech Coin. This will give them access to huge amounts of cash
- USI-Tech has their own cryptocurrency ATM to be rolled out worldwide
- All USI-Tech members are making money
- USI-Tech provides regular company updates to keep members informed
- For FOREX trading, you will be charged one-time fee for a lifetime software license that will trade for you
- USI-Tech is investing in artificial intelligence for improving their forex robots
- 100% passive income, no need to refer people to make money
- USI-Tech allows you to join for free
- USI-Tech plans to have their own internal exchange after ICO. This will give income from transactions and control over price of Tech Coin
Comment below if you want to join my team and let me help you get started.
Great post, thanks for this information!!!
Hey Colin,
I've never bought into any mining contract, but am considering doing so at some point.
Do you know why Genesis stopped the Bitcoin contracts? Was it to mine for themselves and sell up at the top? Seems a bit fishy that they are now on sale again a few days after the year high?
Cheers
Asher
I don't know what really happened behind the scenes at Genesis Mining, but they told us they run out of Bitcoin Contracts because they did not have more machines to mine. So they run out of equipment. There was talk that they are working on a huge new mine farm in new location, but they have not revealed it to us. They don't give out much details unfortunately.
They sell a lot of there hash power to other companies like Bitcoin Club Network, and maybe they are doing more wholesale deals then retail sales with us.
USI Tech has just bought a $70 million mining farm. Maybe it was from Genesis Mining. USI Tech is still new kid on the block regarding mining, but my new mining purchases are with them for now.
I think I will get to $200 per day easier with USI Tech than Genesis Mining.
Thank you for your comment @abh12345
Hi Colin, thanks for your feedback.
img credz: pixabay.com
Nice, you got a 56.0% @minnowbooster upgoat, thanks to @colinbrazendale
It consists of $13.62 vote and $1.58 curation
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it is stated that the company is a year old but based on the who is info this company has been formed recently before three months
DOMAIN INFORMATION
Domain:usitech-int.com
Registrar:GoDaddy.com, LLC
Registration Date:2017-07-15
Expiration Date:2019-07-15
Updated Date:2017-08-31
Status:clientDeleteProhibited
clientRenewProhibited
clientTransferProhibited
clientUpdateProhibited
Name Servers:ns1.ny7.com
ns2.ny7.com
and also some companies claim that it is a possible scam
@dvaryani USI-Tech have been going for quite some time, normal traders before adding bitcoin in to the equation. Recently set up to Tokens and mining @colinbrazendale is talking about. This who is, is most probably the new side of the business domain name going up.
I have been with them since March 2017 and find them totally legit.
@dvaryani the new website was launched on 1 Nov. The previous website was usi-tech.info. Not sure if there was another website before that too.
Thank you @joanstewart :)
They are a great place to be @colinbrazendale you just reminded me I have more reading to do since they had the get together in London just the other day. So Thanks.