Genesis Mining Review Best Could Mining

Have you heard about Genesis Mining Review? You probably have and are wondering if Genesis Mining System is legit or just another scam. If you haven’t, this is a good place to find out all you need to know about it. The truth is, there are so many platforms out there that parade themselves as cloud miners. Only a few are actually real. Thankfully, Genesis Mining software is one of them.

Having spent about a decade monitoring and engaging in Bitcoin trading and other forms of online binary options businesses, I like to believe I understand the business well enough. So if you’re thinking of investing in Genesis mining website, you should read this honest Genesis Mining review 2017 first. I have put together every information you need to know about it.

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Why Genesis Mining?

As you could imagine, I’ve spent some time researching about the topic. No, I haven’t personally tried all the companies out there, but I did read reviews and observed the market for some months.

What I realized is that sadly, many hashrate renting companies ended up being a scam. You could easily spot a fake by looking at their low prices and extremely fast leverage. Companies that grow too fast tend to fall down fast as well.

Genesis Mining, on the other hand, had an acceptably good launch and from there it started to live and evolve like any other normal company. At least that’s what I’ve observed from the outside. Just like any company, GM has some amount of haters that keep calling it a scam. Looks like it is inevitable, after all you cannot please everyone.

Services Provided

Before August 2014, Genesis Mining was only running mining rigs for earning altcoins, which were then subsequently converted into bitcoins. However due to the high demand on the market, for more than 2 years now they are providing direct bitcoin cloud mining services as well, ensuring the latest technology is used for bitcoin mining on their farms too.

Genesis Mining reviewThe offered list of altcoins changes time to time based on coin’s popularity. Genesis Mining uses polls on Facebook to decide which altcoins should be preferred and added to their basket. They also let the users to decide which altcoins to mine from their purchased hashpower that can be easily allocated through their interface.

Genesis Mining offers three types of algorithm for mining cryptocurrencies: SHA256, X11 and Ethereum protocols. Due to their special feature – the Advance Autotrader – even if a coin is mined with X11 or Ethereum algorithm, the payout can still be performed in bitcoin. Due to the autotrader, always the most profitable algorithm is used to mine the coins and then automatically exchanged to bitcoin.

The cloud mining company offers a 100% uptime guarantee that means even if a miner crashes, the relevant mining pool compensates the client  fully for the hashpower loss, so no mining time is lost.

Users can sign up to Genesis Mining cloud mining services just by providing an email and a password. After signing in, clients may add payout methods and purchase hashpowers right away. Genesis Minings enables two factor authentication to increase the security of their accounts.

The mining rigs run 24 hours a day, so the mining day is starting from 0:00 UTC and ending at 23:59:59 UTC. 8 hours after the mining day the payout report is published on Genesis Mining platform after their calculation and checks. The payouts are received daily automatically, the first payout is sent within 48 hours after the contract started. Credit card payouts are withheld for a month for security measures to protect the company from credit card charge backs, but after that the contracts are paid out daily as well, in the meantime clients can follow accumulated earnings on the platform.

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Features

As we have mentioned before in this Genesis Mining review, one of the biggest advantages of mining with Genesis Mining is its extremely flexible allocation of hashpower. You get to decide which coins to mine with your hashpower and you can decide on the exact distribution, no matter which contract you choose. For example, you can simultaneously mine different coins with 20%-20%-60% or 10%-20%-70% or any other distribution that you think is the most profitable.

The company does not charge any pool fees and there is no waiting time, which means your mining starts immediately. Another upside of doing business with Genesis Mining is that the hashpower you purchase is yours to keep for a lifetime.

Genesis Mining offers a 100% uptime guarantee. You do not lose an instant of your mining time, as GM algorithms allocate miners to the relevant pools and make up for any potential hashpower loss. If you are in doubt or need assistance, the good news is that Genesis Mining invests great efforts in customer support and its staff is quick to respond. You can send your inquiries via email and get detailed and honest answers to your questions

User friendlyness?

+ Fast, easy and free signup
+ Fast and friendly support, quickly responding and resolving occurring problems
+ Investments as low as 100 GHS / 1 MHS

Website functionality?

+ Easy to understand and to operate dashboard
+ Very well thought design and general functionality
+ Mine your own Altcoin portofolio
+ Two factor authentification
+ Refferal / promo code system
No option to trade or sell your KHS/MHS

Trustability?

+ Street adress
+ LinkedIN accounts
+ Telephone number
+ Pictures/Livestreaming of their hardware
+ Representing their service at the most important Bitcoin events / conferences

Price?

+ Low price per GHS / MHS
+ No hidden fees

Genesis Mining on Social Media

Conclusion: Genesis Mining Is the Recent Best Option To Invest. Go Ahead!

Now that you have read this honest Genesis Mining review, you can go ahead and make your investment. Genesis mining program is real and it works. If you’re looking to make a meaningful long-term investment, this could just be it. You can also use Genesis Mining promo codes by clicking the above link to join the Genesis Mining system. Start today, start getting Genesis Mining payouts soon.

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