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RE: GENESIS-MINING Review: Day 16 - Bitcoin Cloud Mining | full disclosure + Steem/BTC giveaway - DON'T DO IT!
Thanks for posting this.
I am having a similar experience so far. Plus for part of my contract I paid by credit card so they are holding the coin mined for me for 30 days.
On the positive note what I discovered is that at poloniex.com you can lend your coin and some of the deals are quite sweet. Like I am lending some of my BTC at 0.3% daily. They collect 15% of it from what I understand but even, say, 0.1% daily with a 15% deduction is an equivalent of a 37% annual ROI.
Ya Genesis mining with credit card is no good, use btc, dash or whatever crypto currency they use. They always hold of 30 days.