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41  Bitcoin / Mining speculation / Re: GENESIS MINING the paradise ? on: September 29, 2014, 01:17:28 PM
I do not think it is strange cause service providers should provide their best if they want to be ahead or at least one of the best.  Cheesy

1$ per ghs is still expensive and there are more companies like it, offering cheaper and better deals..

How is it still expensive ? They have to pay for elctricity, for the spaces they rent, for the asics, cooling (ok being in Iceland helps), etc... What makes them rent their hashpower ? Wouldn't be more profitable right now to close GM and mine only for themselves ?
42  Bitcoin / Mining / Re: Thinking about doing some Cloud Mining? Read this first on: September 28, 2014, 11:57:57 PM
well that article doesn't mean anything if you are going to GM cause you have BTC auto there...
43  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 28, 2014, 07:07:37 PM
Day 14 Video is up now.

http://youtu.be/lJuapfPAcC8

Ian

i guess zenhashlet is kinda winning the race right now isn't it ?
44  Bitcoin / Mining speculation / GENESIS MINING the paradise ? on: September 28, 2014, 06:58:19 PM
We all already read it somwhere about GM and gaw miners, and many of us have already bought hashpower there like me.

Don't you think it is a little bit strange theirs lifetime contract, low prices, good ROI, good everything ? I mean, i am loving it, their support is great, everything they have is great and the best there is in the market at the moment. People always said to me, if it sounds too good, you are wrong, there is always something about it that you are not looking through.

I've been looking at my earnings and other people earnings and as far as i know we all have ROI in 4 months, at least for scrypt power in BTC auto.

Don't you think it is strange this "paradwise" ?  What are your thoughts ?

If my english is not perfect, im sorry, i did my best Smiley
45  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 28, 2014, 04:49:22 PM
Anyone got any BC payments today to compare??


 0.00038361 BTC / MH  Roll Eyes
lowest payout in 10 days...

Yes, someone let me know when they get their Blackcoin payments.

ok, so you meant Blackcoin, thought you maybe just forgot the T

No, I just wanted to see how many BC people were getting with their MH today. Smiley

Hey ian, can i ask you why all of the sudden this interest in BC ? Smiley
46  Other / Beginners & Help / Re: Economics question, someone ? on: September 28, 2014, 04:39:06 PM
It all hinges on a massive and sustainable adoption wave driving consistently high demand that the fixed supply cannot address
Big, big ifs. Economic theory cannot really model this as we have never had a deflationary, digital currency

considering all the answers i think yours is the most accurate one but it was importante to read from you all

Thanks Smiley
47  Other / Beginners & Help / Re: Economics question, someone ? on: September 27, 2014, 05:30:40 PM
hum, thanks a lot guys, im now enlightened
48  Other / Beginners & Help / Economics question, someone ? on: September 27, 2014, 04:00:28 PM
"When all 21 million coins are produced, the MoneySupply will be neutral, and the value will continue to increase (prices will decrease, consequently), as long as people continue to exchange in BTC."

Can someone explaing to me why the btc value will increase when the moneysupply will be neutral ? Shouldn't be the value neutral as well ?

Thanks
wec
49  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 27, 2014, 10:10:45 AM
i don't believe that will be a problem but i am missing the payout 26/09 as well
50  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 26, 2014, 04:42:51 PM
Day 12 Comparison Video is up now
http://youtu.be/r0nrdoKavcY

I will also be doing a series of videos soon where I will be comparing Blackcoin coin payouts to what I would be getting with the Auto BTC option each day.

Ian

Thanks Ian,

do you think it's a good idea to invest in gaw miners, split the risk ?
51  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 26, 2014, 09:41:51 AM
ok, im not following you now

Can you explain to me what typo i did and why full power on doge is not a good option ?
No i made a typo.

It seems bit wired, mining dogecoin, when whit CEX.io you only have to mine Litecoin and get Dogecoin for free.
So other mining there have a huge advantage.

Better use the BTC auto. you can not beat that, and whit BTC payment buy back that dogecoin we all like so much  Smiley

oh ok, i got ya ! well i mined some dogecins cause i am stacking a bit of them, i believe dogecoin will valorize a lot in the future.

i will post the next 5 day earnings later
52  Alternate cryptocurrencies / Mining (Altcoins) / Re: Cloud mining - Is it worth the risk ? on: September 26, 2014, 09:35:12 AM
Just found a great deal from HashProfit:

Mine Bitcoin for FREE for the next 7 days!

You get 200,000 KHS (will earn approx $0.57/day) for 7 days plus a 10,000 welcome bonus.  You also have the option to buy more KHS at a 35% discount today.

https://hashprofit.com/en/registration/?hp=54087

please don't do that, i've looked into that and read some reviews, they all say it sucks...

Heavy investment 100 euros??? Dude, I know people who invresed $30 000 into cloud mining. BTW, LTCgear is the best, great payout. GAW and Genesis come second and third.

can you give me any example of someone earnings or reviews or something about LTCgear ? How those guys buy that amout of hash power with so great risk, have someone made great profit with cloud mining ?
53  Alternate cryptocurrencies / Mining (Altcoins) / Re: Cloud mining - Is it worth the risk ? on: September 25, 2014, 10:16:19 PM
Hello guys, i bought 3GH/s scrypt in genesis mining, that was 47.56 euros and i expect 4-5 months of ROI considering my earnings this week (first week).

Do you think is it worh to buy a lot of hash power in these services, i mean heavy investments like 100, 200, 300 euros investment and so on ? or with that kind of money there is other better options to thrive ?

Thanks a lot in advance for the help
I am guessing you mean 3MH/s in scrypt power, you could have gotten the same amount for 45 usd from GAW, im not sure how they deal with EU but its 35.29 Euro.

Hum, as far as i know, the earnings in genesis mining are better, that's why i went through it but you didn't answer my question Smiley
54  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 25, 2014, 09:20:07 PM
ok, im not following you now

Can you explain to me what typo i did and why full power on doge is not a good option ?
55  Alternate cryptocurrencies / Mining (Altcoins) / Cloud mining - Is it worth the risk ? on: September 25, 2014, 09:01:03 PM
Hello guys, i bought 3GH/s scrypt in genesis mining, that was 47.56 euros and i expect 4-5 months of ROI considering my earnings this week (first week).

Do you think is it worh to buy a lot of hash power in these services, i mean heavy investments like 100, 200, 300 euros investment and so on ? or with that kind of money there is other better options to thrive ?

Thanks a lot in advance for the help
56  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 25, 2014, 06:20:18 PM
Another forum user has started posting his daily earnings with this link.

https://bitcointalk.org/index.php?topic=797123.msg8970007#msg8970007

Interesting because he is mining coins like LTC and Doge with 3 MH/s so can give you an idea of what you might get each day.

Ian

Oh, thanks a lot Ian, you are always so helpful Smiley

I really believe in doge and not so much in BTC, im still a newbie in this whole thing about crypto but im trying to step up while reading this forum Smiley

Thanks again Ian
57  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 25, 2014, 06:02:24 PM
ok guys, my payments with 3GH/s scrypt


0.00070154 (half day)
0.00122134 btc - BTC auto
0.00123898 btc - BTC auto
1084.39098760 doge and 0.00037609 btc (BTC auto and changed it to full power on doge at 9am)
1543.96317073  doge (full power on doge)

Full power on doge seems to to be the smartest move.  (be-course of Merge mining Litecoin?Dogecoin)

Other question, you have 3GH/s scrypt is that correct?



yes zeta you're quite right x)
58  Bitcoin / Bitcoin Discussion / Re: PETITION AMAZON: 3532 have signed, 5000 needed on: September 25, 2014, 02:19:47 PM
good thing, let's take it to the meeewwwwnn !

signed
59  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 25, 2014, 02:08:46 PM
ok guys, my payments with 3GH/s scrypt


0.00070154 (half day)
0.00122134 btc - BTC auto
0.00123898 btc - BTC auto
1084.39098760 doge and 0.00037609 btc (BTC auto and changed it to full power on doge at 9am)
1543.96317073  doge (full power on doge)
60  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: September 18, 2014, 06:04:27 PM
hey guys,

At monday i transferred money to GM, enough to buy 3 MH/S scrypt, the guys at the bank said to me that i had to pay 25 euros as a fee (so expensive) but i put those 25 euros as GM fee cause they didn't say otherwise anywhere and i already i have to pay something like 7euros fee to buy those hashes.

Well, anyway i contacted support after the payment to see if there would be any problem and they said that it shouldn't be... Yesterday i got an email saying that they just received part of the amount and that they are waiting for the rest to upgrade for 3 hashes...

I'm kinda angry right now because my money that they have is there standing still, they didn't even gave me the hash power respectively for the money i paid and they take so much time to answer and i am here loosing coins... not very nice indeed



First of all, why on earth would you pay in Euros when you have so many other choices for sending them crytocoins as payment without fees, second thing, did you order 3 seperate 1 MH/S or one 3 MH/S? Makes off course some big difference as you have to fullfill your order completely before you get anything from it. As an example you can't buy a home entertainment center, pay half of it and take it home until you can afford the second half  Wink

i don't have anything but euros and i don't recall me asking for the full 3MH/s in my post

Thanks for the reply
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