So, is this thing giving up the ghost or what? Payout now under 100 satoshi per gh/s. Terrible, just terrible. Can´t wait for the usual apologists.
Galdur, I have sent you a PM. Then we can look into your account for you. Average payout yesterday for most contracts was around 186 satoshis per GH/s. This is based on payouts with maintenance fees of 0.0015 USD per GH/s Those with maintenance fees of 0.0012 USD per GH/s had an average of around 316 satoshi per GH/s. Regards Genesis Mining. |
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Hey All,
Exciting times ahead.
Be prepared for a major announcement coming up next week!
Marco Streng
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BIG News!
Hello miners!
I know that we end every email to you saying how much we appreciate having you as a customer, but we realize that actions often speak louder than words.
So we’ve got some BIG news that I think you will be happy to hear.
Due to recent improvements in new hardware and infrastructure, we are pleased to announce we are able to decrease maintenance from 0.0015 to 0.0012 USD per Gh/s per day for purchases starting from September 16th.
This represents an increase in payouts by over 60% at the current Bitcoin price and difficulty.
We look at our customers as our partners and when we are able to increase our efficiency, it’s only fair and responsible to pass those savings on to you.
As always, thank you for being a customer of Genesis Mining and growing with us over the last 2 years. We look forward to many years of service ahead as we all grow together.
Sincerely,
Marco Streng
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Hi.
We have had a few complaints recently from customers and users on various internet sites or social media where they have either seen or they have been mislead into using codes that are not what they really are.
I can see in this thread alone in recent posts, two promo codes that are misleading customers. Both are not 5%.
We shall investigate these codes and could take action, for example blocking codes or even removing the free hashpower given, as it really is not fair for our users and customers to be using these codes, not realising that the discount is less than they think they are getting.
We ourselves have been getting complaints as if we were the ones at fault by not giving out the correct discount on an order where infact it was the code itself that was misleading the customers that used them.
We do sometimes release our own codes, recently we had an 8% code which was valid for a few days and related to our new Live Streaming website and also had a code where a 10 USD discount was given.
Most of the codes out issued by us are at most 5% for lifetime contracts and 2.5% for 1 year contracts.
A few news and review sites offer a 5% code too for Litetime and 2.5% for 1 year contracts.
The max for 1 year contracts is 2.5%. and never more unless it is a code specifically released by us.
All of our users have their own promo code, some of our very old users have a 3% code for Lifetime contracts and 2.5% for 1 year, but most of our users have 2.5% discount for both 1 year and Lifetime contracts.
So please bear that in mind. If you see anyone with a code that is advertising discounts higher than 3% for Lifetime and is not a review site or a Bitcoin news site, please PM us here or contact us and we can check to see if the code is really what it make it out to be and if not, we will take action against it.
I hope this makes things clear.
Regards
Genesis Mining Team
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Hi Genesis Mining Community. I notice some interesting discussions going on here regarding Bitcoin XT etc. We do try and allow everyone to post their views, negative or positive but as mentioned somewhere elsewhere in the thread we have had to delete posts as the language was bad to say the least. Anyway, just wanted to let you all know about an article which covers what has been going on the last couple of weeks. http://cointelegraph.com/news/115190/life-inside-a-bitcoin-mine-interview-with-genesis-minings-marco-strengHave a good Friday and Weekend. Genesis Mining Team. |
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Hi Genesis Mining Community Regarding BitcoinXT We are currently in the process of testing the client and if we are done with it, we will most likely switch to #BitcoinXT. Just to be clear: running XT means that our users will always be on the largest chain, regardless of whether a fork happens or not. More about this in our blog here. http://blog.genesis-mining.com/ |
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Hi Genesis Mining community We would like to announce our 2nd Live Webinar, which is happening today! We have something BIG to announce during the event. Join the live stream where our CTO, Stefan Schindler will broadcast live from inside one of our mining farms in Iceland! It starts at • 3 pm EDT (Eastern Daylight Time, US), 20th Aug • 4 pm BST (Brasília Time), 20th Aug • 9 pm CET (Central European Time), 20th Aug • 3 am CTZ (China Time Zone), 21th 20th Aug We've been planning this idea for over 5 months and it will be the first public announcement regarding what we've been up to! Reserve your seat here: https://plus.google.com/u/0/events/c8hjdc0ncm4371je8jgltpmc6ecAnd mark questions on Twitter with #GenesisLive! Best Regards Your Genesis Mining Team |
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I understand that, my question was i have 2 contracts under one account with them will they both be in locked down for 30 days and 0 daily payouts or just the 1 order with cc?
Icon
Icon, We have sent you a PM about this. Regards Genesis Mining |
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Dear Genesis Mining community. Genesis Mining will not be able to comply with the regulations set forth by the proposed BitLicense and as such, we will no longer be able to accept customers from the state of New York. All current customers will be able to continue their services, but going forward, no one with an IP address from the state of New York will be purchase hashpower contracts with us from this point onwards. We stand by the cryptocurrency community and believe this particular piece of legislation is unnecessary and is an obstacle to free market innovation. We also believe that is exactly what it set it out to do. Companies across the world today posted similar announcements about leaving New York, and while it may seem like a victory to those who passed it, it is important to understand the difference between winning a battle and winning a war. Those who passed this bill have only succeeded in winning a small battle, and as a result have set their state further behind. More information here http://blog.genesis-mining.com/bitlicense-red-flag-acts-of-our-eraCoindesk have also written about it here. http://www.coindesk.com/genesis-mining-leaves-new-york-following-bitlicense-deadline/THE one thing that u should add and which could increase your business very much . "Add the reselling option" that is the only option where a user can profit and plus it dosent effects the company, because there will be always new users to buy .There should be a market for GH. Please read a few posts up. It has already been discussed why we will not do a resell option. https://bitcointalk.org/index.php?topic=602022.msg12111969#msg12111969 |
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Dear Genesis Mining community. Genesis Mining will not be able to comply with the regulations set forth by the proposed BitLicense and as such, we will no longer be able to accept customers from the state of New York. All current customers will be able to continue their services, but going forward, no one with an IP address from the state of New York will be purchase hashpower contracts with us from this point onwards. We stand by the cryptocurrency community and believe this particular piece of legislation is unnecessary and is an obstacle to free market innovation. We also believe that is exactly what it set it out to do. Companies across the world today posted similar announcements about leaving New York, and while it may seem like a victory to those who passed it, it is important to understand the difference between winning a battle and winning a war. Those who passed this bill have only succeeded in winning a small battle, and as a result have set their state further behind. More information here http://blog.genesis-mining.com/bitlicense-red-flag-acts-of-our-eraCoindesk have also written about it here. http://www.coindesk.com/genesis-mining-leaves-new-york-following-bitlicense-deadline/ |
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Dear Genesis Mining Community
We would love to read your thoughts and ideas on what you would like to see in Webinars in the future.
Please post your comments and replies in this thread as we would very interested to hear from you all.
Thanks
Your Genesis Mining Team
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Hi Genesis Mining Community. Thanks to all of you that have watched our first Webinar and left comments and feedback. We will announce when the next webinar will be so you can send in questions to us. Marco Krohn and Marco Streng certainly enjoyed it as you can see. Hope you did too. Genesis Mining Team.  |
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Hello Genesis Mining Community. Our first live webinar has now finished but it is available to watch anytime using the link below. Updated video link 1st August 2015https://www.youtube.com/watch?v=LM0YUEbOGu4Best Regards Genesis Mining |
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Hi Genesis Mining Community
You can now order hashpower contracts again with Credit Card.
Regards
Your Genesis Mining Team.
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Hi everyone! As a reminder The first webinar event is planned for July 28th at 2pm EST and if you’d like to get on the list to attend, please email Live@Genesis-Mining.com. Please note, we are limited to only 1,000 live viewers. The different timezones: • 2 pm EDT (Eastern Daylight Time, US), 28th July • 3 pm BST (Brasília Time), 28th July • 8 pm CET (Central European Time), 28th July • 2 am CTZ (China Time Zone), 29th July You can also send questions to Live@Genesis-Mining.com or tweet us @genesismining with #GenesisLive See you tomorrow! |
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