Genesis Mining Reviews 413

TrustScore 1 out of 5

1.2

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

Rated 1 out of 5 stars

SCAMMER !!! FRAUD !!! Don't make any purchase !!! Even they are not Turkish !!! All is fake, website, email, What'sApp !!!!! They scammed me I lost 656$ fake order AntMiner L3+ with fake... See more

Rated 1 out of 5 stars

i purchased my cloud mining contracts in 2017 and all contracts ended in 2019 but i did not receive single penny from my mining outputs. Genesis mining totally fraud company . Please be careful & n... See more

Rated 1 out of 5 stars

Wie viele hier auf den Verein reingefallen… ... die Auszahlung liegt angeblich bei der IT-Abteilung, und das seit mehr als einem Jahr: ​"We have checked the status of your inquiry in ticket... See more

Rated 1 out of 5 stars

They don't even deserve a review. Struggling since September 2018 to get a small balance refunded. No use to submit a ticket or engage with their customer service which is of no use. There service i... See more

Company details


Contact info

You should know

1.2

Bad

TrustScore 1 out of 5

413 reviews

5-star
4-star
3-star
2-star
1-star

No history of asking for reviews

This company hasn't invited their customers, so reviews may not be representative

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Genisys mining team contact with you…

Genisys mining team contact with you through social media and told to invest you in their company and assured to give profit in 24 hours, but when you asks for our profit tells us to need to pay more money to upgrade the account to withdraw the money, once you paid money they asks you to give more money in the name of some charges. But don't believe them, it's totally fraud company.

2 August 2022
Unprompted review
Rated 4 out of 5 stars

i have found genesis to be legit

i have been a customer of genesis for over 6 yrs now & have never had any problems with pay outs. i have always been paid out no problem, as soon as i reached the min. thresh hold.

i must admit that the customer service used to stink like rotten fish. they would take ages to respond, if they even ever responded. but, in the last 6 months or so, customer support has gotten a lot better. now they respond in a quick manner.

i have seen many bad reviews about genesis all over the internet & i can honestly say i have never had a problem with them. their contracts always sell out fast, a good sign that its legit. im hoping new contracts become available soon as i want to re buy.

6 July 2022
Unprompted review
Rated 1 out of 5 stars

I'm waiting for my profits since 2…

I'm waiting for my profits since 2 months still Tey are asking me to pay 650$ to release my profits!! There is no reply on mail as well if I ask them!!

In the beginning only I got reply to invest after that no reply from them

Scam!!!

3 June 2022
Unprompted review
Rated 1 out of 5 stars

Genesis Mining is a scam.

Genesis Mining is a scam.

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. They never specify what is the problem. Genesis CTO promomised payouts in March but nothing as been delivered. Check @PhilipSalter_ Twitter replies

Everyone who are thinking of using Genesis Mining, please do not use it, you are better of by avoiding it.

18 April 2022
Unprompted review
Rated 1 out of 5 stars

I purchased Hash from Genesis mining in…

I purchased Hash from Genesis mining in 1917 and have not received any cashing out of my hash and it is 2022 I invested $850.00. It takes several months before they will respond. Also when I put in a deposit address their system doesn't support the format I submitted. It's been 5 yrs. now Today I signed in afterward they kicked me out saying wrong password

25 March 2022
Unprompted review
Rated 4 out of 5 stars

I paid $990in April 2020

I paid $990in April 2020. My contract is about to finish.

So far I have had pay outs roughly every monthly when the accumulated amount triggered a payment, so far totalling over $2,500.

My only complaint is their customer service.

There have been MANY scam warnings on here. But it is only unhappy people that tend to post reviews.
Firstly, there are many companies pretending to be Genesis Mining and also, you do have to understand how it all works. If you have set up your account with a receiving wallet address, then you WILL get paid out.

I am just sad that they do not have any availability for me to continue.

16 March 2022
Unprompted review
Rated 1 out of 5 stars

They are not paying out and it's been years.

I first got a contract with them in 2017 and it was a poor choice I should have just bought the crypto but they initially stuck to their terms, I was paid out to start with. Later though I had allocated some mining power towards doge and had passed the minimum threshold for a payout and they didn't pay out. A few years ago I emailed customer support and was told it had been passed to the engineers and it was a problem that was getting looked into. I have written twice more since and have just been fobbed off with the same story that there is an issue that's just taking a long time to resolve. It seems to be a common issue reported here. Very disappointing that they are just holding my coins. I also don't really know where I stand with getting them back as the company is based in Iceland. I would avoid this company. Although they have paid out most of what they should have this issue has persisted for a long time and it sort of feels deliberate that they are just keeping coins because they can get away with it.

21 February 2022
Unprompted review
Rated 1 out of 5 stars

Complete scam. Been waiting for my money back for years.

I keep asking their support to get my money back. I'm updated once a year (if any) with an automated message that tells me that IT is still working on it.

Lost a couple of thousand euros on this platform, that I will never see again. Don't make the same mistake and go eToro, probably the safest and easiest option in the game.

29 January 2022
Unprompted review
Rated 1 out of 5 stars

Biggest Scam in crypto

Biggest Scam in crypto. The only people who make money is genesis.

I have been wait now 3 years with dozen of emails and they still have not paid me out for the mining i purchased. imagine the interest i could have gotten in crypto for 3 years.

They reply for weeks and months saying sorry and will escalate it... still waiting.

if you are new to crypto, stay away from this scam!

5 January 2022
Unprompted review
Rated 1 out of 5 stars

Very bad customer service

Their customer service is very bad. I requested for a withdrawal of my btc. They took about 1 year to reply to my ticket. Even when they replied, they didnot provide a solution. They said my ticket will be resolved by the IT department. Since then, I'm still waiting.
This is very unprofessional. This is my hard earned money that I cannot lay hands on.

3 January 2022
Unprompted review
Rated 2 out of 5 stars

Can't get the miningout

i am waiting since 12.10.2021.
the didn't pay out the mining.

if you use a trashhold, the paying the output.
if the contract is over, you are waiting month and month and i am still waiting.........

30 December 2021
Unprompted review
Rated 1 out of 5 stars

Scam!!!

Scam!!!
Scam!!!! Stay away frm them. They replied my withdraw request ticket 1yr later and delegate everything to their dumb IT dept. Stay away as advised by everyone here.

15 December 2021
Unprompted review
Rated 1 out of 5 stars

Scam!!!

Scam!!!! Stay away frm them. They replied my withdraw request ticket 10mths later and delegate everything to their dumb IT dept. Stay away as advised by everyone here.

30 November 2021
Unprompted review
Rated 1 out of 5 stars

Can't get them to pay out.

Terrible, terrible, terrible customer support. They will get back to you within a few days, but they don't resolve the issue. I had built up a little BTC from mining. I noticed where I could change the payout threshold to get paid at smaller increments. I changed my payout amount on August 1. Everything I had accumulated up to that point was gone. No transaction, they simply started from scratch. I filed a support ticket. They finally answered and said they had turned it over to the tech team and they would get it resolved. I waited a few weeks and asked for an update and got the same response. It has now been nearly 4 months and I have received nothing from them. While you never get a complete payback from them for what you put in, at least you had a fighting chance to get something after making a dumb decision to invest with them. I truly believe it to be a loss for you no matter what level you buy in with or how long their terms are. I won't get into other issues as it has been far to long to provide the details, but this isn't my first issue with them. They currently owe me at least .0022 + BTC which is mover $100 so there is no reason not to have paid it out already. Regardless of their excuse, they have dropped the ball on this as it does not take 4 months to resolve an issue. Hopefully they will immediately get this taken care of, but I won't hold my breath. I would advise not to invest in any mining scheme as you will end up losing money no matter how good they appear to be.

25 November 2021
Unprompted review
Rated 1 out of 5 stars

Wie viele hier auf den Verein reingefallen…

Wie viele hier auf den Verein reingefallen…

... die Auszahlung liegt angeblich bei der IT-Abteilung, und das seit mehr als einem Jahr:

​"We have checked the status of your inquiry in ticket #XXXXX with our IT department and received the information that they are still in the process of resolving it.

We are aware that it is taking much longer than it should, but we assure you that your case will be resolved as soon as possible, and we are doing our best to solve all inquiries at the fastest pace possible for our capacities. We will contact you as soon as we have new information."

Ein schlechter Witz - nein falsch: Schlicht und einfach Betrug.
Strafanzeige folgt (auch wenn sie evtl. im Sand verläuft, wenn davon jeder ausgeht ändert sich nichts).

21 November 2021
Unprompted review
Rated 1 out of 5 stars

SCAMMER !!

SCAMMER !!! FRAUD !!!
Don't make any purchase !!! Even they are not Turkish !!! All is fake, website, email, What'sApp !!!!!

They scammed me I lost 656$ fake order AntMiner L3+ with fake shipment fee >>>
PHOENIX TRADING COMPANY
Manager: Mr Camerlengo
Branch/Sales Manager: Mr Fuat
company Address: Rue Max Lambert 37
Charle roi,6030,Belgium.
Phone number:......+32 460 22 24 01
Registration number:...0450735046
VAT............BE 0450735046
Branch Address: Mersin Turkey1

11 November 2021
Unprompted review

Is this your company?

Claim your profile to access Trustpilot’s free business tools and connect with customers.

Get free account

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look