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I am done with Genesis Mining by brandonh

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· @brandonh ·
$2.17
I am done with Genesis Mining
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<p>https://pbs.twimg.com/profile_images/461260121218117632/1QdSr_n2.png</p>
<p>I just want to give a disclaimer, while I am upset about the current debacle with Genesis Mining payouts. &nbsp;&nbsp;This is not the main reason why I'm done with the company. &nbsp;Sure it's kind of the catalyst for it, but it's not the straw that breaks the camal back for me. &nbsp;</p>
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<p>I think my main gripe with this Genesis Mining debacle is one thing. &nbsp;Customer Service. &nbsp;Now I get it, I really do. &nbsp;I'm a software engineer, and I know it's hard to be a technical person working with complex software and systems, and also trying to keep customers calmed down. &nbsp;I get it. &nbsp;&nbsp;I've worked in the tech industry for 15 years with various roles, and various levels of customer interaction. &nbsp;I've been on the systems and adminstration side and I've been on the application and product side. &nbsp;&nbsp;And while I can pat myself on the back for having great technical skills, I know customers are the reason why we're even in business in the first place. &nbsp;As software engineers and tech professionals in general, we have a tendency to get into the mode of solving problems for the sake of solving problems. &nbsp;At the end of the day, we have to be grounded and understand that we have to have satisfied customers.</p>
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<p>I've done software engineering for financial companies before. &nbsp;&nbsp;Customer service is mandatory. &nbsp;Sure I'm not the one answer customer calls, but it's so critical when working for a financial company. &nbsp;People take their money seriously. &nbsp;That's the bottomline. &nbsp;People want transparency when they are leaving it up to you to handle their money. &nbsp;&nbsp;So you have to handle it with kid gloves, and you have to be empathetic.</p>
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<p>Genesis Mining has shown it is none of these. &nbsp;The only info we have gotten about the issue is through their twitter feed. &nbsp;They've sparsely talked about the problem, and have even promoted other things before solving the issue at hand. &nbsp;This is so bad, it's not even funny. &nbsp;I mean let's look at this for a second.</p>
<p>You have customers who have invested 10s of thousands of dollars into your platform</p>
<p>You give very ambigous responses with almost no timeline</p>
<p>And then you post things about a ticket give away?</p>
<p><br></p>
<p>Are you fucking kidding me?</p>
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<p>Until the issue is solve, the only thing that Genesis should even talk about on any of their social media outlets is how the issue is being addressed and solve. &nbsp;Talk about what caused the issue, what steps you are taking to resolve it, and futhermore a timeline. &nbsp;Even if you fucked something up, customers will appreciate the honesty and the transparency. &nbsp;Yet we have customers who have had tickets out there for 4 days with no response. &nbsp;We don't have any customer advocate, a community manager, nothing. &nbsp;It feels like the devs and engineers are trying to handle customer relations. &nbsp;This is bad. &nbsp;And it shows that they've basically have decided to put no effort or money into their customer service.</p>
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<p>Customers want to feel important. &nbsp;And with genesis mining they feel neglected. &nbsp;&nbsp;I mean this is completely inexcusable.</p>
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<p>I don't doubt that Genesis Mining will eventually get their customer payouts. &nbsp;But the way they've been handling their customers by ignoring them is just unforgivable. &nbsp;I've invested several thousands of dollars in this platform, and yeah I understand the risk. &nbsp;&nbsp;That is why I don't cry over spilled milk. &nbsp;But if Genesis is going to try to present themselves as a legit and real company. &nbsp;They most definitely have to be far more transparent. &nbsp;This isn't hard, a simple slack channel, more constant tweets, maybe in a status page are the low hanging fruit here. &nbsp;&nbsp;Later you can think about SMS messages similar to what Bittrex, Bitfinex and Coinbase do. &nbsp;&nbsp;&nbsp;The fact that we have a financial company (because that's what Genesis Mining is, where they like it or not) that doesn't have these essential tools say a lot. &nbsp;&nbsp;Seeing how they respond to a very critical issue has made me very ambivalent about putting any more money into the platform.</p>
<p><strong>In Closing</strong></p>
<p>In closing, I want to be positive not negative. &nbsp;&nbsp;Genesis is not the only game in town, there is Hashing24 and Hashflare on their heels with more features and more timely payouts. &nbsp;Some of them have reinvest options which customers love (yeah this could be scammy, but it's cool nonetheless). &nbsp;So Genesis really need to hire a product team and a customer service specialist. &nbsp;&nbsp;It is crucial to have this in place for a growing company. &nbsp;&nbsp;Filing tickets and hoping a live person gets back with you in a few days is just not going to cut it these days. &nbsp;And I understand a lot of companies built around the cryptospace has traditionally had pretty poor customer service. &nbsp;However this is changing quite a bit, and a lot of big and new money are investing into these platforms. &nbsp;So they're not going to put up with shitty customer service. &nbsp;</p>
<p><br></p>
<p>I want Genesis to succeed. &nbsp;I've seen their videos and I've seen their people. &nbsp;They seem passionate about what they do. &nbsp;I also loved getting my payouts, and loved investing in it. &nbsp;But they can't succeed with their current customer service. &nbsp;&nbsp;That's going to kill them, and I don't want to see Genesis go away.</p>
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vote details (11)
@cryptodonn ·
fucking right man, feel exactly the same! 
It goes to levels where it is not even funny anymore...
As a multi million dollar company, this is UNACCEPTABLE!
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@gungadin ·
$0.12
Customer service is everything. No customers no business. A great post and I totally agree with you.
C'mon Genesis get it together.
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vote details (1)
@mirayur ·
tnx for sharing your story ^^
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vote details (1)
@pagandance · (edited)
Do you think Genesis will ever be able to pay back all the btc you have invested?

I also invested thousands of dollars in GM, but now I am beginning to think I will never get all the BTC's back that I have invested. All I will see is BTC from what I payed myself and others for and end up with a loss, once the contract 'is no more sustainable'... Meanwhile the real mined btc's etc. will end in someone elses pockets.
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vote details (1)