Overview
What is Genesis Mining?
Genesis Mining is a technology company and a provider for Bitcoin and altcoin cloudmining. It offers clients easy access to small, medium and large mining contracts. Multipool techniques are used to automatically convert altcoins to Bitcoin, which are daily transfered…
Pricing
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Would you like us to let the vendor know that you want pricing?
11 people also want pricing
Alternatives Pricing
Product Demos
Sun Token Full Details and Genesis Mining Full Demo - Telugu
Sun Mining Full Demo & How to Unlock Tron from Genesis Mining - Telugu
Sun Mining Full Demo & How to Unlock Tron from Genesis Mining - Hindi
Sun Token Full Details and Genesis Mining with Tron Full Demo - Hindi
Product Details
- About
- Tech Details
What is Genesis Mining?
Genesis Mining Video
Genesis Mining Technical Details
Operating Systems | Unspecified |
---|---|
Mobile Application | No |
Comparisons
Compare with
Reviews
Community Insights
- Business Problems Solved
- Pros
- Cons
- Recommendations
Genesis Mining offers a cloud mining solution that provides a simple and safe way for users to mine cryptocurrencies without the need for complex hardware and software setups, as well as other issues such as heat, noise, electricity costs, and monitoring. The product solves the business problem of providing an efficient way to mine cryptocurrencies with minimal hassle. Despite some negative experiences reported by some users, many have found Genesis Mining to be a reliable provider that offers efficient rigs for rent to clients.
The site is user-friendly with an easy-to-navigate layout that makes it easy for users to find the most efficient cryptocurrency to mine. Users can change their payout threshold, but some have reported issues with the system not working as expected. Some users have had difficulty with the withdrawal process due to not being aware of the need to add a wallet before purchasing a mining contract. However, others report that they have found Genesis Mining to be a good investment for those looking to get started with crypto assets and mining, offering a steady stream of income through the rental of cloud mining servers.
Cloud-based mining platform: Reviewers appreciate that Genesis Mining is a cloud-based mining platform, which means that there is no need for equipment and added electricity costs. Many users have stated that this feature makes it easy to get started with mining without any upfront investment in hardware or infrastructure.
Easy setup process: Several reviewers found the setup process for Genesis Mining to be very easy and straightforward, requiring little knowledge to get started. They appreciated the user-friendly interface and well-managed website of the software.
Flexible pricing options: Reviewers also liked the fact that Genesis Mining offers flexible pricing options, making it accessible to a wide range of users. Some users have mentioned that they find the pricing affordable compared to other services in the market.
High pricing: Many users have criticized Genesis Mining for charging high prices for their mining contracts without providing adequate returns. Several reviewers have stated that the cost of the contracts is not worth the investment and they feel like they are wasting money.
Poor customer support: A common issue faced by users is poor customer support from Genesis Mining. Some reviewers have mentioned that it takes a long time to get a response from customer service, and when they do receive a response, it is often unhelpful or unsatisfactory.
Lack of transparency: Users have raised concerns about the lack of transparency in the mining process with Genesis Mining. Some reviewers have mentioned that they did not receive detailed reports on their earnings or how their investments were being used. Others have reported feeling cheated out of their earnings due to changes in policies made without notice.
Users recommend finding another crypto mining company that is more responsive and has better customer service. They have expressed frustration with the lack of communication and support from the website in question, leading them to question its legitimacy.
Users suggest waiting and holding cryptocurrency instead of investing in mining. They believe that with the volatility of the crypto market, it may be more profitable to simply hold onto their digital assets rather than investing in mining contracts.
Users highly recommend checking out a cloud mining service called mining before considering other options. This alternative platform is praised for its reliability, transparency, and user-friendly interface, making it a preferred choice for those interested in crypto mining.
In addition, users emphasize the importance of paying attention to contract details and understanding expected return on investment when considering mining. This recommendation serves as a reminder to thoroughly evaluate the terms and conditions before making any investment decisions.