Hey guys, I was wondering if we are going to merge-mine doge now that it is available?
Not yet :-( Can anybody check if MOON is doing 5% to? (Can`t check it my self) BTCTALK is just one of the codes that will last a short while so those always tend to higher than the ones we have. There was one for 10 percent off a few weeks ago. Your code is working fine, at 3 % off Thanks! That's nice, wish I could get that much of a discount, I must try harder  I did a little video about what to expect when you sign up. https://www.youtube.com/watch?v=7pVsX0vNx-EGreat Video, IanFoxley! This is a perfect introduction for people who want to get started with the GM Interface! |
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Big enough to mention, Daniel. A lot of people expect things now, immediate, pronto, not a second to waste! So, any delay should be mentioned so people don't start worrying for no reason other then success -- miaviator, the TOS may not be clear, but whatever liability you have, no one will ask you to keep up the website literally or any such thing. I'm sure you can't even change a single character on their web pages, or enter any datacenter. And if you can, please notify GM asap  I think elrugrim is right and the fee covers any liability you may have. If you still worry, I've been with GM for like half a year now, and they've never requested me to reboot the webserver or flip the powerswitch of some miner. The only thing you have to do is buy hashrate, and in the case of SHA hashrate sit back and wait for returns, or in the case of Scrypt hashrate allocate the hashrate to the coin or coins of your choice and then sit back and wait for returns (oh, and enter a wallet where the mined coins must be send to) Yes, exactly. We provide all the services for our clients and you can sit back and receive your daily payouts without any effort. For more advanced miners you can mine your own customized cryptocurrency porftolio by distributing scrypt hashpower over all integrated altcoins in a way you prefer. We think this is a great opportunity for everyone! |
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Due to the extreme demand for our new lifetime contracts you currently might experience some delays in our payment approval system.
Please be patient, we are doing our best to approve all orders as fast as our system can and we are confident to clear the delay soon. Current delay time: Maximum few hours.
Thanks for your understanding!
Your Genesis Mining Team
I think few hours delay is not a big fact. I've been waiting for 2 days now, to get mine contract approved. Hey yuckotheclown80, Your payments should be approved by now. If not, please don't hesitate to contact support and we will immediately take care of this. Your Genesis Mining Team |
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Important Notice:
We are really overwhelmed by the huge demand for our new contracts. Also we are happy for all the feedback from the community so far and are glad that you like it!
We managed to get back on track with the approval system and from now on your contracts should get approved without bigger delays again.
Thank you!
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Due to the extreme demand for our new lifetime contracts you currently might experience some delays in our payment approval system.
Please be patient, we are doing our best to approve all orders as fast as our system can and we are confident to clear the delay soon. Current delay time: Maximum few hours.
Thanks for your understanding!
Your Genesis Mining Team
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Due to the extreme demand for our new lifetime contracts you currently might experience some delays in our payment approval system.
Please be patient, we are doing our best to approve all orders as fast as our system can and we are confident to clear the delay soon. Current delay time: Maximum few hours.
Thanks for your understanding!
Your Genesis Mining Team
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Way to go stepping up the game GM.
I might jump in on this soon...The ability to actually mine actual coins such as ltc and keep them is what separates you and gaw
Great to hear that you like our product! Although we cannot guarantee ROI, we indeed think that those prices together with the stagnating litecoin difficulty is a very attractive combination to make profit. Thank you very much for your feedback! |
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Dear Community,
We worked hard within the last days to be able to make this announcement:
Thanks to our partnership with the hardware manufacturers we are able to lower the price for hashpower (scrypt and sha) to a level not seen before in the market.
We are also glad to tell you that we expanded our yearly contracts to lifetime contracts so that you can keep the purchased hashpower without any expiration.
For all of our devoted customers who supported us from the beginning on we want to say thank you! This has never been possible without you:
All customers who purchased yearly contracts from us get a free upgrade to lifetime contracts after expiration!
Our new rock bottom prices are the following:
Scrypt:
Gold : 1 Mh/s - 17.99 USD (17.99 USD per Mh/s)
Platinum : 20 Mh/s - 339 USD (16.99 USD per Mh/s)
Diamond : 100 Mh/s - 1,499 USD (14.99 USD per Mh/s)
SHA:
Gold : 10 Gh/s - 9.99 USD (9.99 cents per Gh/s)
Platinum : 1000 Gh/s - 989 USD (9.89 cents per Gh/s)
Diamond :10,000 Gh/s - 9790 USD (9.79 cents per Gh/s)
We currently have a lot of new features in the pipeline we are eager to announce! Stay tuned for the upcoming times. It will be great!
Your Genesis Mining Team
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Dear Community,
We worked hard within the last days to be able to make this announcement:
Thanks to our partnership with the hardware manufacturers we are able to lower the price for hashpower (scrypt and sha) to a level not seen before in the market.
We are also glad to tell you that we expanded our yearly contracts to lifetime contracts so that you can keep the purchased hashpower without any expiration.
For all of our devoted customers who supported us from the beginning on we want to say thank you! This has never been possible without you:
All customers who purchased yearly contracts from us get a free upgrade to lifetime contracts after expiration!
Our new rock bottom prices are the following:
Scrypt:
Gold : 1 Mh/s - 17.99 USD (17.99 USD per Mh/s)
Platinum : 20 Mh/s - 339 USD (16.99 USD per Mh/s)
Diamond : 100 Mh/s - 1,499 USD (14.99 USD per Mh/s)
SHA:
Gold : 10 Gh/s - 9.99 USD (9.99 cents per Gh/s)
Platinum : 1000 Gh/s - 989 USD (9.89 cents per Gh/s)
Diamond :10,000 Gh/s - 9790 USD (9.79 cents per Gh/s)
We currently have a lot of new features in the pipeline we are eager to announce! Stay tuned for the upcoming times. It will be great!
Your Genesis Mining Team
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Could you explain me this business model of genesis : if i want to invest for 10Mh for 1 year, i will pay : ฿ 1.037 if i want to invest for 10Mh for 2 year, i will pay : ฿ 2.636 .... 2.54x more than 1 year... in a normal case, with Mh becoming more and more cheap with the time, we should pay less than 2x, no ? Reply from FinalHash BRUCELLA you are absolutely correct. I am the CTO of finalhash and good friends with Marco. I just sent him this and said WTF? He responded and said pretty much, "Oh that is a bug, thanks for the heads up." He went on to say that he and his team are working to fix the bug and he would comment back here with the result.
Good catch bro. It is important for educated crypto folks like yourself to keep finding discrepancies in this to see how the company responds going forward. In this way we hold them accountable and thereby avoid future BFL things. However, it is important that we do the double checks but also allow time for the companies to respond you know? Hey BRUCELLA, Thank you for detecting this bug in our systems! We have immediately fixed it and upgraded all clients who purchased longer contracts than 1 year with free hashpower according to the new prices. We hope you like our new discounted rates for longer contracts! Hi, you havn't fixed the bug ? 1Mh/s for 1 year = 49 dollars 1Mh/s for 2 year = 124.49 dollars ?? it's not hard to solved i think ? It's now fixed. Thank you for reminding us again! We upgraded everybody for free who's prices got influenced by the bug. BRUCELLA, please contact us by pm with the email of your GM account and we will upgrade your account with a 1 MH/s bug bounty. It's really great to see that the community is taking care of our service and helps us to improve our interface and products. We take every feedback serious and are working hard to implement features desired by the community! Stay tuned for future releases! |
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We are currently working extensively on a new structure for our clients which will give our new and also our old devoted customers more flexibility.
Meanwhile, is there any feedback for the new user interface that we may optimize? Please let us know. Feedback is extremely valuable for us!
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Dear Potcoin Community, As already mentioned above we have added Potcoin to our portfolio of scrypt coins to mine. To celebrate this you can use the promo code "POT10" to get a 10% discount on all scrypt hashpower contracts!I think this is great news especially since we just reduced our prices which are very attractive now especially since the litecoin difficulty is currently on a hold. ( https://bitcoinwisdom.com/litecoin/difficulty) If someone is searching for large scale scrypt hashpower to mine POT, please let us know. We currently have a special deal for this to support the coin! Your Genesis Mining Team, https://genesis-mining.com |
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Just a small announcement from our side: We started to accept payments in DRK. We also just decreased the prices for our scrypt contracts which are very attractive now since the litecoin difficulty seems to be currently on a hold! ( https://bitcoinwisdom.com/litecoin/difficulty) You can use the promo code "10Dark" to get a 5% discount on everything that you purchased with DRK.We hope you like it! |
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Just thought I would let you all know that Genesis Mining has once again lowered their prices.
Had a peek at their website just now. These are all for 1 year contracts.
Examples:
1 Megahash for USD 49.00, was USD 98,00 With a 3 % discount promocode USD 47.53
2 Megahash for USD 98.00, was USD 159,00 With a 3 % discount promocode USD 95.06
20 Megahash for USD 880.00, was USD 1,380.00 With a 3 % discount promocode USD 853,60
100 Megahash for USD 3,3900.00, was USD 5,900.00 With a 3 % discount promocode USD 3783,00
Promocodes can be found all over, feel free to choose whichever one you like. Mine is in my signature.
Thank you Ian for announcing the new prices faster than we could react! These are the new official prices! Since the litecoin difficulty is not growing anymore, we think this could be a highly attractive deal! https://bitcoinwisdom.com/litecoin/difficultyAlso we want to note that there is currently a 10% discount code for all scrypt contracts out there! It is "POT10" as a gift for the users after adding Potcoin to our system. Also to celebrate accepting DRK as payment you can get a 5% discount on all contracts that are payed with Darkcoin. The promo code for this is "10Dark". We think this is great news for everybody! |
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Could you explain me this business model of genesis : if i want to invest for 10Mh for 1 year, i will pay : ฿ 1.037 if i want to invest for 10Mh for 2 year, i will pay : ฿ 2.636 .... 2.54x more than 1 year... in a normal case, with Mh becoming more and more cheap with the time, we should pay less than 2x, no ? Reply from FinalHash BRUCELLA you are absolutely correct. I am the CTO of finalhash and good friends with Marco. I just sent him this and said WTF? He responded and said pretty much, "Oh that is a bug, thanks for the heads up." He went on to say that he and his team are working to fix the bug and he would comment back here with the result.
Good catch bro. It is important for educated crypto folks like yourself to keep finding discrepancies in this to see how the company responds going forward. In this way we hold them accountable and thereby avoid future BFL things. However, it is important that we do the double checks but also allow time for the companies to respond you know? Hey BRUCELLA, Thank you for detecting this bug in our systems! We have immediately fixed it and upgraded all clients who purchased longer contracts than 1 year with free hashpower according to the new prices. We hope you like our new discounted rates for longer contracts! |
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Cloud mining is either scam or unprofitable, either way its not worth it..
We cannot agree with this. Mining can indeed be possible, otherwise people would not mine anymore. I think the question you are referring to is: "Why would a company sell mining services if they would make profit by running their machines on their own?" The answer to this question is simply, that we do it to decrease the risks of the our big farms by selling fractions of our farm. This way if we are profitable, also our users are! |
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And there is something strange with genesis :
if i want to invest for 10Mh for 1 year, i will pay : ฿ 1.037
if i want to invest for 10Mh for 2 year, i will pay : ฿ 2.636 .... 2.54x more than 1 year...
in a normal case, with Mh becoming more and more cheap with the time, we should pay less than 2x, no ?
Hey BRUCELLA, Thank you for detecting this bug in our systems! We have immediately fixed it and upgraded all clients who purchased longer contracts than 1 year with free hashpower according to the new prices. We hope you like our new discounted rates for longer contracts! |
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Genesis Mining Cloud-Hash Review I've recently started renting some scrypt hashpower from them and with much better service than i've recieved in comparison to companies like cex.io or standard rental sites like betarigs i felt like this needs promoting more How does it work At the moment Genesis Mining currently allow user's to buy sha256 hashpower for bitcoin and scrypt hashpower for a wide range of altcoin's. This is used to mine on their own hand picked pool's or solo mined on their own coin daemon's to give back to user's the fee savings. According to a support ticket i sent to genesis mining, They plan on allowing user's to mine sha256 altcoins rather than only bitcoin as they do at the moment. In addition to this they are also planning on cutting the prices of their scrypt contracts to 39 USD MH/s per year. At the moment they dont do X11 hashpower however i've been told its something they intend to do. Why i like them 1 thing i have found lacking in a number of cloud hashing and rental services is the inability to split hashpower between multiple coins. This is something which genesis-mining allows very easily using their dashboard. At the time of writing this, genesis mining allows people to split their hashpowe between the following coins: - RDD - BC - LTC - DOGE - AUR - FTC - LOT - MEC - NVC - POT Additionally unlike gawminer's hashlet's genesis mining actually shows pictures of their miners and is overall a pretty transparent company. They have an about page with info on their company here: https://www.genesis-mining.com/about-us. Staff of the company have also attended various bitcoin conferences. In the following article about Gavin Anderson's comment stating that most cloud hashing are ponzi's genesis mining went as far as to invite Gavin to their facilities to view their vast range of hardware. http://cointelegraph.com/news/112329/gavin-andresens-fractional-reserve-mining-cloud-miners-respond. Why i use it As a private pool operator its often neccesary for me to rent enough hashpower to ensure that the pool works properly on any given coin. During high demand period's such as when altcoin's launch its difficult to be able to rent double digit hashpower at a good price. For this reason i am also considering buying one of genesis mining's lifetime mining contracts which i think is active as long as the payout is over the fees paid. Has anyone tried it out before so i can get some opinions before i buy it? As well as this it also means i dont have to spend time and effort on setting up asic's, cooling and power to ensure that i'm not loosing money when the rigs are offline while genesis mining have a 100% UPTIME GUARANTEE!!. I've read a reddit post by one of the /r/BitcoinMining mod's: http://www.reddit.com/r/BitcoinMining/comments/2enhh4/genesisminingcom_is_a_dishonestly_run_business/ and i seem to disagree with what they're saying. So far from the research i've done they seem to be one of the most reputable companies out there. FootNote: This is an impartial review as a user of genesis mining. I've used a number of rental sites including miningrigrentals, betarigs and cloud hashing services such as CEX.io and i felt that genesis mining deserved a review hey ahmed_bodi, Thanks for reviewing our service! It's nice to see that also pool moderators like you using us as a source of hashpower! |
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Great news everybody!
We do now accept DARKCOIN for payment of contracts! To celebrate, we enabled promo code "10Dark" granting you 5% off your order in case you pay with DRK!
Also live now for our users: POTCOIN
Mine your PotCoin with Genesis Mining!
Happy mining
The team of Genesis Mining
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I got bored and started playing around with video editing.. created a little video on GM (in hope they honor it with a bonus ) check it out: http://youtu.be/9UoYIo7Eqv8Wow, that's great! It's really good to see that people are engaging like this to support us. |
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