First impressions about Genesis Mining, share your experience
Hello all from the True North
Dash4ever here (such a noob). Well, This might turn out to be the crapiest steemit post ever, but hey give me a break, its only my very first post (something that i don't intend to do much of) not only here on steemit, but its my very first post period.
I am just a simple guy who got hooked to crypto around 3 months ago but haven't really done anything about it until maybe 2 days ago when i purchased some hashpower from Genesis Mining. Wait a minute , that's totally a lie, i actually did some CFD trading with bitcoin and ethereum but chickened out once i was slightly in profit.
Also the name Dash4ever was when Dash was the big thing back in the days so i went on and created accounts on CFD trading platforms thinking that Dash was traded there. I was wrong. Dash was only traded on exchanges that had Dash at the time.
Honestly i never tried before to post anywhere, and have been fighting the urge to post on steemit since i first joined it 3 months ago. Then, today i found myself writing this big fat comment to one of @lykencrypto 's posts that discussed his progress with Genesis Mining and i thought why can't i just make a post out of it and get more feedback, here's the post i mean comment, tell me what you think :
Just started Genesis Mining 2 days ago with 1 TH lifetime contract of bitcoin ( turned out it could end anytime though if it is not profitable) , 5 MH of ether and 60 H of monero, i paid all in credit card as i have no crypto currency yet and as a result of that my payments are gonna be held for the first 30 days, this plot twist made me read more reviews about genesis mining and was put off by the amount of negativity i found. Basically if you are not constantly upgrading u might never break even because of maintenance fees and difficulty constantly going up.The only solution to constantly upgrade without bleeding more of yr cash is by others using yr promo code or affiliate link (i have 4 affiliate links dunno why) this means u r forced to be a publicity horn for genesis mining and work through yr social contacts to get them to use yr promo code. While this might be ok for some people like craig who has an awesome exposure. This doesn't work for others who are anti-social by nature (me) and just want to invest some money without much people interaction ( hence choosing online investment) but no, now i have to work for free for genesis mining just to get my hard earned money back from them.not to mention any profit. Sorry for being so negative but i thought to share the start of my experience and hopefully days might prove me wrong. Also for the heck of it my 3% promo code is : VJFYH5 and my 4 or 5 affiliate IDs are : https://www.genesis-mining.com/a/865840
https://www.genesis-mining.com/a/865841
https://www.genesis-mining.com/a/865842
I think nowadays altcoin mining become faded. Since mining is not a good solution for scaling up the altcoin. The altcoin is going to change from POW to POs. And there are more and more ICO with fixed amount of tokens. So the future of mining is not so optimistic...
Welcome to Steem @dash4ever I have sent you a tip
Really got into Genesis mining a few weeks ago for ETH and was doing them in bigger bulk buys, but I started doing it just +1 MH/s increments so I could use other people's affiliate codes and hoping they will use mine next time too!
I just used yours, it was only for +1 MH/s for ETH at $29.99 but looking to spread the love! I followed you also, trying to connect with people here on STEEMIT!
Next time you upgrade your hashpower use my code! NkQanX
Thx, sure will do
Thanks!
X11 just came back today, i used yr code back for 10 Mhz X11
I saw that thank you, got yours on my list too!
Welcome to Steemit :)
I follow u, follow me back if u want lot of fun and amazing picture every day.
Thx, followed u back