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Genesis Mining Reviews & Product Details

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Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Genesis Mining?

nothing to like about them at all, my money got stuck Review collected by and hosted on G2.com.

What do you dislike about Genesis Mining?

My money was stuck and i couldnt withdraw it i have to contact 'scaminspect.c o m' which is a recovery company to help me. Review collected by and hosted on G2.com.

Recommendations to others considering Genesis Mining:

Do not use them. I Lost thousand of dollars trading binary option through Genesis and several others, I couldn’t withdraw my investment not to talk of my profits. I had to hire a Scam refund Company named Scam-Inspect and they were able to help me recover 80% of my investment, i am happy to help other traders going through this. If you need help in claiming your lost investment from any binary companies visit the website scaminspect.com. Review collected by and hosted on G2.com.

What problems is Genesis Mining solving and how is that benefiting you?

withdrwal problem Review collected by and hosted on G2.com.

Genesis Mining Overview

What is Genesis Mining?

Genesis Mining is a technology company and the world's leading provider for Bitcoin and altcoin cloudmining. We offer our clients easy access to small, medium and large mining contracts. Multipool techniques are used to automatically convert altcoins to Bitcoin, which are daily transfered into customer wallets. Mining starts immediately after signing the contract.

Genesis Mining Details
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Product Description

Genesis Mining is a technology company and the world's leading provider for Bitcoin and altcoin cloudmining. We offer our clients easy access to small, medium and large mining contracts. Multipool techniques are used to automatically convert altcoins to Bitcoin, which are daily transfered into customer wallets. Mining starts immediately after signing the contract.


Seller Details
HQ Location
Tortola, British Virgin Islands
Twitter
@GenesisMining
62,207 Twitter followers
LinkedIn® Page
www.linkedin.com
85 employees on LinkedIn®

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Recent Genesis Mining Reviews

Mike J.
MJ
Mike J.Small-Business (50 or fewer emp.)
0.0 out of 5
"Kindly Visit WebRepower.site page for help!"
Webrepower.site was very helpful. Thank you very much for your services, I would definitely recommend... Are you have issues with your crypto accou...
Serdar S.
SS
Serdar S.Small-Business (50 or fewer emp.)
0.0 out of 5
"scammers"
nothing, it seems legitimate but all they do is scam people
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
0.0 out of 5
"Total Scam"
I liked the idea of a miner farm that you could invest in and wait for the funds to roll in even if slowly.
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Genesis Mining Media

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18 out of 19 Total Reviews for Genesis Mining

2.3 out of 5
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G2 reviews are authentic and verified.
Verified User in Mining & Metals
UM
Small-Business(50 or fewer emp.)
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Verified Current User
Review source: Organic
(Original )Information
What do you like best about Genesis Mining?

I liked the idea of a miner farm that you could invest in and wait for the funds to roll in even if slowly. Review collected by and hosted on G2.com.

What do you dislike about Genesis Mining?

They absoluteley cheat you out of your earnings. You will NEVER earn your initial funds back as they change things on you and steal your earnings. When questioned, they say they are working to correct and never get back to you. I have been waiting since August for them to pay out what they should have and they simply won't pay out. I have tired of asking them only to hear after 4 months they are working on it. No, they simply refuse to pay what they owe. Sure, you will receive a tiny bit here and there, but you will lose out overall. Stay away from these cons. They are not at all honest. Review collected by and hosted on G2.com.

What problems is Genesis Mining solving and how is that benefiting you?

I changed my payout threshhold from .0025 BTC to .0005. The day I did this in August I expected to now be paid since I was over .002 and changing the payout would initiate the payout. No, instead, they simply started over with the daily total. I asked them what happened and why wasn't I paid the amount accumulated and got a canned response that they are looking into it. I waited over a month to ask for an update and got the same response. Asked a third time only to hear the same thing again. It has been over 5 months now and nothing. They don't plan on paying anything out because they are a con company praying off the backs of those sucker enough to believe them. Review collected by and hosted on G2.com.

Mike J.
MJ
Work from home
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Genesis Mining?

Webrepower.site was very helpful. Thank you very much for your services, I would definitely recommend... Are you have issues with your crypto account or your account have been blocked or you’re unable to withdraw, I will ædviseß y-all go for webrepower.site, they EP me fixed my account, Now am very happy highly recommend! Review collected by and hosted on G2.com.

What do you dislike about Genesis Mining?

I won't recommend Genesis Mining, I was unable to withdraw my funds from them, and I was told to pay some fees to be able to withdraw but not they're really disappointed, Well all thanks to Webrepower.site to recover all my lost funds back to me. Review collected by and hosted on G2.com.

What problems is Genesis Mining solving and how is that benefiting you?

Nothing Noting!!!!!!! Review collected by and hosted on G2.com.

Verified User in Investment Management
UI
Enterprise(> 1000 emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Genesis Mining?

Last year when the cryptocurrency is at its peak, people are facing hard time to find genuine mining platform and i can say that genesis mining is one of them. It is the powerfull platform where a user or a group of user can invest and gets daily payouts depending on the hashrate. Review collected by and hosted on G2.com.

What do you dislike about Genesis Mining?

Initially the hashrate is quite good and people are getting daily payouts and aftter bitcoin halving its payout frequency decreases and amount decreases drastically. Now our company is facing really a hard time to end the contract since the payouts and mining process slows down. Since we now feel that instead of investing in genesis mining we could have earned 10 times more in bitcoin since its value nearly increased to $8000 from $800 in 2017. Review collected by and hosted on G2.com.

Recommendations to others considering Genesis Mining:

May be we can wait holding cryptocurrency rather than investing in genesis mining. Review collected by and hosted on G2.com.

What problems is Genesis Mining solving and how is that benefiting you?

When our company invested in mining process at that time we are able to get our full amount within 3 years and now it might take more than 10 years for return. Now, after completing nearly 2-2.5 years, genesis mining stop giving payouts and their customer support is also not responsive. For nearly 2 years i have not been paid by genesis and lost belief in genesis mining. Review collected by and hosted on G2.com.

Verified User in Mining & Metals
IM
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: Organic
What do you like best about Genesis Mining?

It doe not explain anything. It’s 2021, update your website and make it easier to understand and more people would actually use it. And don’t create wallets and add to customers accounts when you can’t explain for lost altcoins you mined.

It doesn’t fix the problem by creating new ones.. Review collected by and hosted on G2.com.

What do you dislike about Genesis Mining?

The website is hard to navigate. Customer service made me wait over a year for my mined alts. And then provided a wallet I can’t access. Review collected by and hosted on G2.com.

Recommendations to others considering Genesis Mining:

Find another crypto mining company that responds in a timely manner, has a more self explanatory website and customer service that doesn’t make you wait a year only to be GIVEN a wallet ID with crypto you can’t access if you’re not the creator of said wallet. Review collected by and hosted on G2.com.

What problems is Genesis Mining solving and how is that benefiting you?

I did not know that a wallet was needed to be added before a mining contract was purchased. After 2 YEARS I realized that myself... no one explained that, there are no instructions on the site. After a year of asking for my mined crypto all that was given was a wallet ID with crypto in it. If I am not the creator of the wallet, how am I to access it’s funds. Very unethical.. Review collected by and hosted on G2.com.

Adam J.
AJ
Regional Sales Manager
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Genesis Mining?

There is nothing to like with Genesis Mining.

1.) They allude to the profitability of mining. It’s not!

2.) I have been trying to get an issue resolved for months! Unpaid mining credit worth in excess $300 at current BTC prices. Review collected by and hosted on G2.com.

What do you dislike about Genesis Mining?

They’re customer service team says the issue is being worked on by the IT department but refuses to give me an update, timeline for resolution.

Avoid this company!!! Review collected by and hosted on G2.com.

Recommendations to others considering Genesis Mining:

Don’t consider Genesis Mining Review collected by and hosted on G2.com.

What problems is Genesis Mining solving and how is that benefiting you?

See notes regarding issues that are trying to be resolved. Zero benefits! Review collected by and hosted on G2.com.

Serdar S.
SS
CTO, Co founder
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
(Original )Information
What do you like best about Genesis Mining?

nothing, it seems legitimate but all they do is scam people Review collected by and hosted on G2.com.

What do you dislike about Genesis Mining?

their economy offered is bad already as is,but their contracts depend on price of coins mined and they charge everything to clients and cancel contracts at will, i've never hated a company as much as i hate them, lost 25000 usd in 2017 to them, f.... scammers! Review collected by and hosted on G2.com.

Recommendations to others considering Genesis Mining:

please close down, and then shoot yourself in the face. Review collected by and hosted on G2.com.

What problems is Genesis Mining solving and how is that benefiting you?

they didnt' help solve anything, their support was dismissive Review collected by and hosted on G2.com.

PR
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Genesis Mining?

Genesis Mining is one of the most popular sites for cryptocurrency mining. It's affordable to start, requires no equipment, no added electricity cost, daily payouts. and that's all I can say about it. Review collected by and hosted on G2.com.

What do you dislike about Genesis Mining?

It has so many cons like Lower earnings, risk of fraudulent activities, and unclear orders, lack of support, and flexibility. And investing money here is just a waste of time as of today crypto mining is not profitable as it was before and because of so much fluctuation in the cryptocurrency market. They even starting scamming their users now by just canceling their contracts by giving excuses like their contracts are no longer profitable. At the time you start mining with them they will give you a good profit but as soon as time passes you will see them as they start decreasing your profits. Review collected by and hosted on G2.com.

Recommendations to others considering Genesis Mining:

As per my opinion, this site is totally a scam and their users are filling complained against them in econsumer.gov I wouldn't even give 1 star but the minimum is 1 star, unfortunately. Review collected by and hosted on G2.com.

What problems is Genesis Mining solving and how is that benefiting you?

The payout to your account will start to decrease within two weeks no matter what the market does, and the time required for a payout will rise at the same time. So there are no benefits using Genesis Mining. Review collected by and hosted on G2.com.

Penny M.
PM
Software Engineer
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Genesis Mining?

It is good cloud mining and I found it easy to use Easy to navigate and also it is easy to make deposits and withdraw this cloud mining. The setup process is very easy and does not need much knowledge to get started. Its support is always helpful in case of any doubt. And it responds very quickly to our queries. I was able to complete all tasks using this software with no problem. It is a fast and well-managed software. They have also very good staff system. Review collected by and hosted on G2.com.

What do you dislike about Genesis Mining?

I most dislike its low profitability with the profits since it also does not guarantee a profit higher. Genesis Mining would not give complete information on mining to users unlike other services provide detailed reports every day. This software needs time to develop. It requires high prices for the contract. Some plans may not accessible. Review collected by and hosted on G2.com.

What problems is Genesis Mining solving and how is that benefiting you?

Nice website, easy to use and all commissions are visible. It is unprofitable and also easy to navigate. Review collected by and hosted on G2.com.

Muhammad M.
MM
Freelance Cyber Security Consultant
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Genesis Mining?

The fact that this is a cloud based mining platform in itself is a big plus. Review collected by and hosted on G2.com.

What do you dislike about Genesis Mining?

Pricing is a bit high when it comes to ROI as compared to conventional mining. Review collected by and hosted on G2.com.

What problems is Genesis Mining solving and how is that benefiting you?

With Genesis Mining I don't have to worry about the issues that come with conventional mining which include hardware setup, electricity costing, heat and noise issues and constant monitoring. All I have to do is to get a Genesis mining contract and that's it! Review collected by and hosted on G2.com.

ALFONSO  R.
AR
Collaborative development platform
Small-Business(50 or fewer emp.)
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Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Genesis Mining?

Genesis Mining is a good cloud mining what I like the most is how easy it is to use it. Its board is intuitive and very easy to navigate. It is also very easy to make deposits and withdraw with this cloud mining. Review collected by and hosted on G2.com.

What do you dislike about Genesis Mining?

What I dislike most about Genesis Mining is its low profitability with the profits since it does not guarantee a profit higher than what is invested. You have to be very lucky that the coins do not increase their value much since you receive less daily amount and maybe if this happens with frequencies you can finish your contract the amount of time stipulated and have up to less amount of BTC than the investment Review collected by and hosted on G2.com.

Recommendations to others considering Genesis Mining:

this mining in the cloud, despite being very reliable personally, I would not recommend it to people who are looking for an alternative to invest money for secure profits. These mineries are of low profitability, they do not offer you a guarantee of at least recovering what you invest and hopefully you can make a profit but the possibilities in this world of cryptocurrencies so variant can lose part of what you invest very easily Review collected by and hosted on G2.com.

What problems is Genesis Mining solving and how is that benefiting you?

the only real benefit that Genesis Mining gives you is how safe you feel for the trustworthiness of the rest is a waste of money and you run a lot of risk to recover only the investment and maybe even end the contract of mining in the cloud with losses of money Review collected by and hosted on G2.com.