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401  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: May 17, 2014, 12:48:00 AM
The team has spent a lot of time to reduce all types of failures and we have invested significant amounts in our infrastructure.

The number of failures we observe is minimal and is quickly detected by our algorithms. In the grand scheme of things costs for compensating failures is negligible.

So in short: there is no guarantee, but just a "best effort". We want to deliver an excellent product to our client and 100% uptime is an important part of it.
402  Economy / Auctions / Re: Advertise on this forum - Round 120 on: May 16, 2014, 08:18:42 PM
2 @ 4.1
403  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: May 16, 2014, 06:06:43 PM
Is there any guarantee or protection mechanism to guarantee a constant mining? Anyway, this is a long term contract and user has to pay in advance. Protection or QoS is needed.

I'd like to know this as well. Also, it says there are no hidden fees and doesn't ever mention electricity. Does this mean that there are no costs for electric, no management costs, etc.?


Yes, both electricity and maintenance costs are included in the price! Also we paid out 100% uptime and covered hashrate drops with our own farm as a buffer from the beginning of our operation starting at the beginning of this year!
404  Economy / Auctions / Re: Advertise on this forum - Round 120 on: May 15, 2014, 08:08:12 PM
2 @ 3.5
405  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: May 15, 2014, 08:06:17 PM
Monthly subscriptions are planned to be implemented in the future, but we have no ETA yet.
406  Economy / Auctions / Re: Advertise on this forum - Round 120 on: May 15, 2014, 02:30:30 PM
2@ 3.15
407  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: May 15, 2014, 05:50:56 AM
At the moment its best to contact us via email, we are still enhancing the customer service side of our operations.


Prices dropped! Start mining at 0.14usd per Kh/s per year!
Existing customers got compensation hashpower on top - for free!
408  Economy / Auctions / Re: Advertise on this forum - Round 120 on: May 14, 2014, 04:35:08 PM
2 @ 2.1
409  Economy / Auctions / Re: Advertise on this forum - Round 120 on: May 14, 2014, 03:25:50 PM
2 @ 1.6
410  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: May 14, 2014, 06:22:43 AM
@monim1: At the moment you can mine LTC or Doge or let us decide and autoexchange to BTC for you. We will be adding more coins you can mine directly soon. Only coins based on scrypt algo will be possible.

@marife01: That is up to you Smiley But for best profit we recommend using our automatic mining and exchanging service with BTC payout
411  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider! on: May 13, 2014, 02:05:10 PM
Hi Martinnew,

thank you for your interest.

I am not sure if I do understand correctly; With using our service you have a certain amount of hashpower for the algo "scrypt" available. At the moment you can let us decide what to mine and exchange it for you to BTC, or you mine LTC or Doge directly. More coins will be added soon.

The price is always the same for the amount of hashpower, no matter what coin you like to mine with it.

Regards,
Genesis-Mining.com Team
412  Economy / Auctions / Re: Advertise on this forum - Round 120 on: May 10, 2014, 10:03:33 AM
2 @ 1.1
413  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-Mining.com - scrypt hashpower for rent! on: May 09, 2014, 02:16:46 PM
If you like to, meet us at the Amsterdam Bitcoin conference next week!

We're happy to meet you and answer all questions in person
414  Alternate cryptocurrencies / Service Announcements (Altcoins) / Genesis-mining.com || World's leading hashpower provider! on: May 09, 2014, 02:08:22 PM


Purchase SHA 256, X11 and ETH contracts today!
Start mining from $26 per 100GH/s for SHA 256, $24 per 1MH/s X11 and $53.97 3MH/s ETH (ETH SOLD OUT FOR NOW)


We are the world leading hashpower provider. Our team is working non-stop to enhance our services and products to serve you the best possible experience.

Are you curious? Switch fast and experience loads of configuration possibilities, stable services and market's best price!
Test us and get familiar with our performance. YOU will be fascinated.

Learn more about us and visit us at: www.genesis-mining.com



Media:

Genesis Mining Webinar Episode 1 - 28th July 2015
https://youtu.be/LM0YUEbOGu4

Interview at Bitcoin conference Amsterdam:
http://www.cryptoarticles.com/crypto-news/2014/5/18/genesis-mining-start-mining-for-as-low-as-14-cents-per-kilohash-bitcoin-2014-interview#

Best rated in Cloudhashing tests:
https://cloudmining.guru/wp/

General article on us:
http://bitcoinist.net/genesis-mining-a-cloud-scrypt-mining-provider/

Interview with our CEO Marco Streng:
Interview 1: http://www.cointelegraph.com/post/how_the_impossible_became_the_future_a_talk_with_genesis_mining_s_marco_streng
Interview 2: https://soundcloud.com/mindtomatter/ltb-e102-savegox-and-the-show#t=43:39 (Audio)

Facebook: https://www.facebook.com/GenesisMining
Twitter: https://twitter.com/GenesisMining



FAQ:

Q: Are you real?
A: Yes

Q: How can you provide such low prices?
A: We always optimize our locations and equipment for best performance and pass the savings to our users via lower prices

Q: Where are your mining locations?
A: Eastern Europe, Iceland, North America and China. We cannot disclose a more detailed information on this.

Q: Can we meet you?
A: Yes! We travel to Bitcoin conferences around the world. Recently we have been to Miami. Updated January 2016.

Q: Will you be releasing more coins we can mine directly?
A: Yes! We already added AUR, LOT, MEC, NOV, POT, VIA, WDC and FTC for Scrypt and BTC, UNO, Zetacoin and BTCD for SHA 256.  More coins are added during the months, decided by user poll: https://apps.facebook.com/my-polls/coinpoll

Q: Are you going to add the option of adding own pools to point the hashpower to?
A: This is something we have on our consideration list, but at the moment its got a lower priority than other things so we have no ETA at all

Q: Will you be offering monthly / weekly subscriptions?
A: We are working on implementing this, but have no ETA yet.

Q: How about other coins than SHA256 or scrypt ones?
A: We think about adding other algo's like X11 in the future, but have no ETA at all

Q: Are you going broke at your prices offered?
A: No. We have a solid finance base and planning

Q: Is maintenance and power included in the contract price?
A: FOr SHA 256 contracts there is a daily fee for maintenance. Please check the contracts for more details. For X11 contracts, the maintenance fee is already included in the upfront cost

Q: How do you handle hardware failures at our allocated hashrates?
A: We compensate failures of allocated hardware with our own buffer.

Q: How can I withdraw my coins after I started with a contract?
A: Just set the payout address in your account settings, payouts are conducted once each day

Q: When I purchase with a Credit Card, why are my payouts held for 30+ days before I get them paid out to me.
A: For security and fraud purposes.

For additional information view our FAQ at: Genesis-Mining.com



User interface:


CEO Marco Streng at the Bitcoin Texas Conference:


Our colleagues Jakov (right) and Jan at the Amsterdam Bitcoin Conference 2014 Booth:


CEO Marco Streng and our colleague Stefan at the Inside Bitcoins 2014 HongKong Booth:




If you prefer to write us an email instead of posting, pm'ing, twittering and so on write us at: contact@genesis-mining.com
We are happy to answer all your questions and will update this post with all most recent information.

All the best,
Genesis-Mining.com Team
415  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-Mining.com - scrypt hashpower for rent! on: May 08, 2014, 08:03:07 AM
Hi edwinhere,

thank you for your interest and the effort you made to collect all the information.

The information you collected is correct.
The company date of 11th April is as new as there has been a change in the company structure, before that we have been represented in Hannover, Germany.

Our mining rigs are in the US, Eastern Europe and China. Unfortunately we cannot disclose more detailed locations.
They are managed by local employed technicians and ourselves.

You have a good point regarding the price drop.
We always optimize our locations and setup, for best performance and lowest price. The main reason is the recent upcome of ASIC to the scrypt market, which we can run way more power efficient with less support needs than a GPU rig. We pass these savings to our customers with our heavily dropped prices.


Cheers
Jan
(Genesis-Mining)
416  Economy / Auctions / Re: Advertise on this forum - Round 118 on: April 23, 2014, 11:45:06 PM
1 @ 2.2

What is the ad start time for this bidding round?
417  Economy / Auctions / Re: Advertise on this forum - Round 118 on: April 21, 2014, 10:21:28 AM
3 @ 1.25
418  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-Mining.com - scrypt hashpower for rent! on: March 31, 2014, 01:45:46 PM
Hello @all,

a lot has happened in the past few weeks.

After the Texasbitcoinconference we attended and sponsored the Amsterdam Coinference http://bitcoinference.com/ and the event was amazing!

Lots of interesting talks, great conversations during the coinference and at the afterparty. We really enjoyed our time hanging out with such a an awesome bunch of people there. If anyone who attended is reading this, I would love to hear your commments.

About that: the lucky winners of our Silver and Gold Plans are beeing announced on our twitter feed  https://twitter.com/GenesisMining during the day.

In the meantime... our team of eager-busy-zealously day and night working coders have programmed something that a lot of you have asked for and may we say that we are little bit proud of it?

 Smiley

Soon, all our users will be able to allocate their haspower to their own needs.


A picture says way more


Let us know what you think!

Cheers,
Stefan
(Genesis-Mining)




419  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-Mining.com - scrypt hashpower for rent! on: March 12, 2014, 08:22:41 PM
Hey Peppin,

you know you already talked more than once with us on the phone. It is very obvious to all of us that you are trying to discredit us and for your information it is not working.
We are getting a huge amount of response from customers and people who are interested in our service all around the world - and the reason is simply because our prices are unbeaten and our service is reliable.

Anyone who wants to get in contact with us, be it phone, email, skype or face to face on the next conference is welcome to do so. Good customer relations is very very important to us.
The next upcoming conference will be the Coinference in Amsterdam, starting on March 18th. (Peppin I dare you to come and shake our hands. Regardless, of your poor efforts to discredit us).

We are sending happy greetings to everyone and of course that includes you too, Peppin.

Genesis-Mining
https://twitter.com/GenesisMining
420  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Genesis-Mining.com - scrypt hashpower for rent! on: March 12, 2014, 05:04:17 AM
We don't only have pictures. There are videos, too. It was a great event!

The first picture is a picture of our booth at the conference.
The other images show our CEO Marco Streng at the conference between Daniel Krawisz, founder of the Satoshi Nakamoto Institute and Luke-JR the lead developer of Bfgminer.

All videofiles of the panel discussion are linked at http://www.texasbitcoinconference.com







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