What do you think about Hashflare and Genesis Mining ? I shared a few times my positive experience on Genesis Mining referring my affiliate code.
More than once I received negative return from users who told me it was a scam. Once I even get flagged. I politely asked why but I never received any answers.
Fortunately, I sometimes get positive reactions. I'd like to know if it's a scam or not. I invested in a few contracts and my experience has always been positive until now.
I'd certainly not be assimilated to a scammer. I am far from it.
In fact, I hate scams ... a lot ! Always doing my best to avoid them (and that's why I ask your opinion).
Thank you very much for your input.
Have a nice day,
Greetings from Belgium
I don't know much about Hashflare, but Genesis Mining is a more nuanced thing. From what I read (independent sources), they actually do have miners running, so they are not dishonest about what they're doing.
Because of the recent rise in Bitcoin and other smart money token values recently, I think people must have actually made some money from it. But overall, I do think buying into Genesis or any other cloud mining service is a losing proposition. Most usually turn out to be ponzis, and even for those that actually are mining, they rely on the inability to project the future to extract money from people who have higher hopes of turning a profit.
Thank you very much for your answer and insight. Take care.