This is another post in a series of posts regarding the services of both of these companies. I will list all the links here for those that are new to follow. Hopefully this will help you understand a little more of how both of these services work and how I have so far fared since starting to use their services.
I understand that these are sensitive subjects for many here on Steemit. Some consider Bitconnect and even Genesis-mining as scams and flag posts that concern these subjects. Hopefully this comparison is allowed to remain unflagged so that the crypto-world has a chance to learn about Bitconnect and Genesis-mining and ultimately Decide For Themselves whether this is for them or not. At this point, both companies have met their obligations and Bitconnect has even gone the extra mile and credited Bitcoin Cash WITHOUT being forced too do so unlike some of more respectable exchanges.
I Am an Official Bitcoin Miner Again - My first payout as a cloud miner
Official Bitcoin Miner - A few Things I learned about Bitcoin cloud mining
Crypto-currency Mining Checklist Part 1
Crypto-currency Mining Checklist Part 2
Mining Bitcoin and other Crypto Coins
To Ponzi or Not To Ponzi - A look into Bitconnect
To Ponzi or Not To Ponzi Part 2
To Ponzi or Not To Ponzi - A reply - This was a response to my two articles on Bitconnect by @jetiknight - A Must Read !!
Time to Go Mining & Some Results
Bitconnect - The Review After 28 Days - Here I explain my results after 28 days investing with Bitconnect
Bitcoin Forked & Bitconnect Did Not Runaway
Herbalife - The Big Bad Wolf That Wasn't- This one is off tangent But it is a Fine example of Calling out SCAM and Ponzi, and then Losing.
Well if you are still reading this after having read all the posts above, then I won't bore you too much more with this post. I will keep it brief, short and to the point. If you have any questions or concerns, please let me know.
Genesis Mining - I started mining on June 9, 2017. As of today I have received 40.8% of my initial investment since I started. I have been fortunate that a few of you have used my referral code for Genesis-mining. By using my referral a 3% discount is applied, and I received a small bonus which has also helped with recouping my investment. I am a little disappointed with Genesis-mining but then again, it is something I somewhat expected. The Bitcoin mining difficulty continues to increase making it harder to "mine" for Bitcoin, so my returns should slow down or decrease more and more as time goes on.
I started with Bitconnect 7 days later on June 16, 2017. I am pleased with the results of Bitconnect So Far. I say so far because I have not yet fully recouped my initial investment. I have received 60% of my initial investment as of today. I measure my investment in Bitcoin and not the Dollar price of Bitcoin. BUT what I am leaving out is that I had actually received 50% of my Bitcoin investment on July 17, 2017 and I could not help myself and I re-invested all of it with Bitconnect again. This has increased both my daily payments as well as the amount I will receive at the end of the investment period. Another disclosure is that I have had a few of you sign up under my referral code for Bitconnect, and that has helped with my returns as well.
So if you were to ask me which one of these two do i prefer, my opinion would be to go with Bitconnect. Genesis-mining has had some recent issues recently, But they continue to honor their obligations and seem to be overcoming whatever systems issues they had. Bitconnect has obviously won the returns race but they have also remained very stable as a system since I joined. There have been a few times where I could not logon but for the most part they have been very reliable. But also Bitconnect offers more. They have the Bitconnect coin which can be mined, as well as receive a stake through Proof of Stake. The Bitconnect coin has done extemely well since I joined, jumping up over 100% in value. Also, the Bitconnect company just had a major meet-up in Thailand with many of the investors in Bitconnect. And as promised, their travel expenses were covered, and those lucky investors were taken behind some of the scenes of Bitconnect. There are some exciting things coming up for the Bitconnect Community that will take Bitconnect to another LEVEL. Stay Tuned!!
Full Steem Ahead!
08/21/2017
@streetstyle
So You Want To Mine Bitcoin?
Code rT5ix8 =3% off + Bonus in STEEM!
I provide the bonus STEEM
Bitconnect Referral Link IF You Want To Join
also comes with a STEEM Bonus from Streetstyle
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