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RE: xmine.org cloud mining service NO LONGER PAYING

in #mining9 years ago

Yeah again I see another cloud mining site scam like : RDP Main, Topmine,cldmine, coinscrypt, and not to forget about Hassh Ocean.
Guys take it from a person who lost 25 btc on Hash Ocean dont use cloud mining sites anymore!
In the present there are only 2 sites with some"credibility":

  • Genesis Mining (shows proof of their software, have facebook and youtube page )
  • Eobot (Shows proof, and have a hack fund)
    Even that these 2 have now high credibility please guys tread lightly
    I would sugest to better start normal mining and use mining pools.
    Think 2 or 3 thimes before investing in cloud mining sites ever again!
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Genesis Mining paying is very low.
with 1.30 Th/s BTC Mining you become daily 60K - 65K Satoshis (SHA-256 lifetime contract),
with 20 Mh/s XMR i have become at the first day 0.02044039 XMR (X-11 2 year contract),
the second day was 0.01796415 XMR, but on the second day they change the payout rules for XMR they payout only you have 0.4 XMR mined.
DSH with 5 Mh/s i has become 0.00396875 DSH

Don't mine XMR on Genesis there are not mine XMR directly!
you can read it here -> https://steemit.com/monero/@voluntaryv/is-genesis-mining-using-deceptive-business-practices-monero-not-mined

Today i have change my mine power to DSH, i think thats is better as XMR mining on Genesis.

You will mine on Genesis?
Here you have a promo code for 3% discount on all orders: 19Yoqz

Yes you are right @z3r0d4yz !
Genesis mining has a very low payment system because :

  • Electric bills
  • 2016 bitcoin halving.
    In my opinion any site that is still alive after the halving of 2016 is a good site.
    BUT

    After the halving many sites like Eobot and Genesis started to pay even less...because ...if they wanted to survive...they needed to do this step.
    So...in a nutshell yes Genesis Mining has a very low payment system ...but I have an account at that place because it is a trusted site ... at least in our times.
    XMR I dont mine but DASH I mine and you are correct "with 5 Mh/s i has become 0.00396875 DSH" .
    In conclusion Genesis Mining is still paying ...but the pay is Very low.