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Genesis Mining is a cloud-based Bitcoin mining provider that offers users the opportunity to mine Bitcoin without the need for expensive hardware. The company prides itself on transparency and efficiency, aiming to maximize profits for its customers.
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The first red flag appeared when I tried to withdraw some of my earnings, encountering excuses and delays regarding technical issues. I felt uneasy and decided to investigate the company further, discovering that they were unregistered and lacked verifiable information about their team.
I signed up with Genesis Mining in late 2017, when cloud mining was booming and everyone was talking about passive crypto income. Their dashboard was slick, and they offered "lifetime" contracts for Bitcoin mining. I paid just over $98,000 in BTC for two contracts, hoping to build up a long-term yield.
At first, everything seemed fine. I saw small daily payouts hitting my internal wallet. But after the 2018 market dip, the payouts slowed dramatically. They claimed "maintenance fees" were eating into profits—which wasn't explained when I signed up. Eventually, the dashboard said the contract was terminated due to unprofitability.
I contacted support multiple times—no response. Over a year went by, and my total returns were under $7000. I felt completely misled. There was no refund, no warning, and no way to get my original investment back. It honestly felt like a slow-motion rug pull.
I started looking for others who had the same issue, and I found multiple Red dit threads and Trust pilot reviews saying the same thing: early withdrawals were honored, then everything stopped. I gathered screenshots, TXIDs, contract receipts, and began digging.
Sie suggerieren einem, man hätte die Kontrolle über sein Geld, aber in Wirklichkeit sind sie die Verantwortlichen. Ihr Geld ist ihnen nur wichtig, und Ihre Auszahlungsprobleme und die schlechten Erfahrungen, die Sie machen, interessieren sie nicht. Der Kundenservice ist miserabel, sie können kein einziges Problem lösen. Obwohl ich Hilfe bei der Auszahlung bekam und meinen Verlust wieder gutmachen konnte, war der Schaden, den diese Firma in meinem Leben angerichtet hat, traurig. Ich habe beschlossen, mehr über mein erfolgreiches Auszahlungsverfahren zu berichten, um allen zu helfen, die Probleme mit dieser Firma haben. Meine E-Mail-Adresse steht in meinem Profil. Schreiben Sie mir, wenn Sie Probleme mit der Auszahlung haben. Sie sind nicht allein.
They are not paying out the funds and their CS is terrible. I am waiting my payout more than a year now and I email them twice a week. They are replying maybe once in 2 months saying that IT team is working on it. The customer support is the worst they can't fix a single problem, even though i got withdrawal help and recovered my loss the damage this company caused in my life was sad. I have decided to share more about my successful withdrawal procedure to assist anyone having troubles with this company.
My email is on my profile, message me if you are having issues withdrawing. You're not alone...
Horrible company that just scams you and steals your money. They LIE constantly and when you try to take your money out they ask for even more money for a "fake license". This company should be shut down. They are the lowest of the lows! ALL CRACKER helped me recovered all my stolen money from this scammers. Visit All Cracker whatZapp chat platform +1̤̮ 3̤̮1̤̮0̤̮ 9̤̮0̤̮2̤̮ 8̤̮4̤̮9̤̮9̤̮ for more info, they receive help a lot.
Totally wrong to be treated in this manner by such a company that I trusted imagine not RCCT.US it would have really been sad.
I've gotten back my money from genesisminin through the help of. All I did was file a report to their site and they took over from there and pressured genesis mining well enough to refund my initial capital
I had a bad experience with genesis mining. I couldn't withdraw my profits and they were asking for more money. I was only able to withdraw my money when CYBER SUPPORT PRO • COM intervened. They pressured genesis mining to release the funds. I am grateful for getting my funds and i know there are many people out there whose money is still stuck in a fake forex or binary investment.
THIS PLATFORM CAJOLED ME INTO INVESTING ALOT OF FUNDS AND THEY KEEP ASKING FOR MORE DEPOSIT UNTIL I FILED MY CASE TO FTC AUTHORITY THAT HAS AS"SISTED ME TO RECOV'ER MY LO'ST FUNDS CONTA"CT THE AUTHORITY THROUGH THEIR WEBSITE: F*T*C F*R*A*U*D S*Q*U*A*D. COM
I literally fell to their prey with there Mouth watering High RETURN ON INVESTMENT Payment even though i had been warned by my daughter to desist from any online investment or whatsoever. They'd blocked me off my account until i couldn't hold my overwhelming emotions anymore as an older woman but lo & behold my daughter still had to came through for me when she informed the FDIC Insured of the Cyber Coin Protection (Cybercoinprotection. Com) who helped retrieve and recuperate back my money from them after a long while.
I have invested in Genesis Mining in 2017 and my contract expired in 2019. I contacted customer service and updated my wallet information but now they don't respond when I requested to transfer my assets. Don't know how to connect with them.
I gave them $800 supposedly for mining Bitcoin. They tried to sell me a bunch of other stuff, then also gave me some mining power for a few different mostly-worthless coins instead of Bitcoin, which no mining power ever materialized --and no Bitcoin. Kept saying that Bitcoin was broken, or forthcoming, or being upgraded, or any number of nonsense excuses for not giving me what I paid for.
3 years not a single cent has materialized
AVOID
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They do what they offer. One of the most trusted cloud mining available in the market because they have been around for a long time. Strong competitor of hashflare, gominer and hashing24.
Bitcoin Mining its something that exists in our world but people are greed and became scammers robbing poorer people of they hard earnings. We need big business to stop bring third party when it comes to bitcoin mining.
VERY surprised by some of the reviews I just read. Been with Genesis for a little while now on a monero mining contract and found them to be a great company. Earning can be slow - but what can you expect with cloud mining?!
Highly recommended cloud mining site - probably the best one currently available. 3% discount code: b2mAZR.
Answer: After I asked to transfer my assets, they stop responding.
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