Website Review : SCAM or LEGIT?

Gene-mining.com Review SCAM or Legit?

Scam
problem

-

- Advertisement -

Gene-mining.com Review SCAM or Legit?

Summary

User management: Web
Company transparency/support: Owner details are not available in public
Payment options: BTC
Reward type/share/pool: NA
Cost electric power per TH/day (btc): NA
Contract price per Th/year (btc): 1960 USD
Earning return: 0.65% PER DAY/ break even after 164 days

Sending
User Review
0 (0 votes)

Status: SCAM

Pros

  • Multiple plans to choose from
  • They offer 100 GH/s for free after signing up
  • Affiliate program (10% referral bonus)
  • Low minimum cashout

Cons

  • They only accept payment in bitcoins.
  • Owner details are not available publicly
  • No company information

Gene-mining is a cloud mining company and claims it was founded in 2017, however, the domain name was registered in 2019-04-01. The company has not disclosed the name of its owner. Instead, they have only mentioned that the company was started by people who are blockchain and mining algorithm experts. 

Gene-mining’s website design is very professional and a user can scroll through the whole website with ease. Overall, Gene-mining has a very user-friendly website. 

Mining reward and contracts

They currently offer four pricing plans: Eco, Silver, Gold, and Diamond. 

The Eco plan offers 50 GH/s at a price of 0.0005 BTC and the plan comes with a 6-day contract and daily mining outputs.

The silver plan offers 500 GH/s at a price of 0.05 BTC and it comes with a 6-month contract and daily mining outputs. 

The gold plan offers 5000 GH/s for 6 months with daily mining outputs at 0.05 BTC. The diamond plan is their top-most plan and it offers 50000 GH/s at a price of 1.5 BTC. Gene mining’s diamond plan also comes with a 6-month contract and daily mining outputs like all other plans. 

The calculator provided at Gene-mining shows that by the purchase of a 1TH hashing power 0.2 BTC will give a profit of 0.00223056 BTC to a user PER DAY. This is 134 times the normal reward payout of mining before maintenance fee and seems unrealistic since they do not have any special equipment revolutionize the market.  

Conclusion

Causing missing information, unrealistic earnings, and no details on equipment, location, or on the owners, we can conclude that gene-mining.com is only here to lure you from your money.

Beside we get many report that the Gene-mining has not paid its all members.

Advise would be stay away!

Disclaimer: @hashant has no connection to the sites we performed reviews and has not invested in any of the sites we perform a review on and we will never endorse or recommend you to invest in any of this sites. A review is made to help you find a good site among the many. Still, there are no guarantees that the site will perform well over time or are truly legal.

You can ask us to make a review on a particular website. To do so please leave a comment and the site URL on our suggestion page.
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
77,402FansLike
67,967FollowersFollow
11,229FollowersFollow

Recent Comments

Hashfox.io Review SCAM or Legit?

Status: SCAM-PROJECT (Closed!) Visit Hashfox.io Pros Live camsEasy user managementYou buy and own the machineCheap electricity cost per Th Cons Poor supportExpensive price per...

Dualmine.com Review SCAM or Legit?

Status: SCAM-PROJECT (classified as HYIP) Visit Dualmine.com Pros none Cons No evidence of businessUK registration fail test as real companyNo real address Description Dualmine.com claim to...
- Advertisement -

You might also likeRELATED
Recommended to you

0
Would love your thoughts, please comment.x