The problem with Genesis mining
mining·@tommycordero·
0.000 HBDThe problem with Genesis mining
There's some dude right here on Steemit that is posting daily about this mining company that has been said to be a scam for some time, the funny thing is I've noticed this person is getting a lot of people interested in crypto so his efforts may not be a total loss. <center>https://i.supload.com/HkxixgHehe.jpg</center> You will notice that there's a lot of new people joining with these affiliate codes offering 3% off on a mining contract. Having had a good experience mining with Hashflare I decided to give Genesis a try and this is what I gather from them so far. The likelihood is they are not really mining, but even if they are that doesn't mean they are not a scam. The way Genesis is screwing people over is by sending those daily payouts because each of those will make you incur in fees. Now, I don't know how much they are keeping, but what I do know is that there's no reason to force someone to take daily payouts if you wave the responsibility of looking after their earnings from the company. <center></center> For about a week I hadn't registered a wallet with them hoping to avoid it, then I got curious as to whether they would actually pay me. They were holding my earnings up until the point in which I used a wallet, when I was done with the experiment I wanted to remove the wallet so that I could avoid the fees and just withdraw every month or so. Their system won't let you remove the wallet, and if you ask them to remove it they will tell you that they can't when this is not true. However, they will not miss a chance to remind you about their affiliate program all while telling you exactly how you're getting screwed over. I have no doubts that I will get my initial investment back for I expect Dash to grow much bigger than it is today, even if this is hard to believe for some still, it's happening. But I could had found much more benefit with the other mining company that will let me withdraw manually. With Hashflare about 6-7 months into the one year contract I already had my investment back and some, so I will focus on getting referrals for them because Genesis is just going to get me to lose followers over recommending their poor service. While in the subject of referrals I already got my second from Changelly, this time over an ETH purchase, which is funny because I don't think I've said the first good thing about Ethereum on this blog. <center></center> No complains from anyone yet so I would say this is a pretty safe exchange if you wish to use debit. The only thing I'm finding a little weird is that a few days ago the option to exchange from dollars to whatever else was available, now I can only see Euros. I'm still sharing the link to convert from dollars so I'm hoping that's working out for those using it. --------------------------------------------- <center>Now:</center> <center></center> ------------------------------------------------- <center>I ❤️ D!</center> <center>XdVK99T8SYWJL4CAUdN72djPwUgs16QHBJ</center> ---------------------------------------------- <center>https://i2.imgflip.com/1lpvio.jpg</center> ### <center>[Read more about the new Mastercard Dash debit card being worked on!](https://steemit.com/mastercard/@tommycordero/charlie-shrem-s-proposal-for-dash-gets-approved)</center> -------------------------------------------------- <center>[Wanna buy Dash with debit?](https://changelly.com/exchange/USD/DASH/1?ref_id=124ffa7a7947)</center> <center>[Trading Dash in cash?](http://dashous.com/)</center> <center>[Banking within the US?](https://wallofcoins.com/en/orders/) <center>[Don't have a wallet yet? This one's dummie proof!](https://jaxx.io/)</center> ----------------------------------------------- <center><a href="https://hashflare.io/r/93D58E45"><img src="https://cdn.hashflare.eu/banners/en/B6new728x90Eng-Ko.gif?v=4" alt="HashFlare"></a></center>