beginners be very carefull

[achow101]

whow

here i got a code, that is called "identification"
and it has 8 characters and/or digits and then a division mark (like this: "-")
then 4 characters and/or digits and then a division mark (like this: "-")
then 4 characters and/or digits and then a division mark (like this: "-")
then 4 characters and/or digits and then a division mark (like this: "-")
then 12 characters and/or digits

is this the private key or public key?

by the way, I'm using the blockchain.info wallet, I think

Neither, that is the blockchain.info wallet identifier. You need to go into that wallet and go to the Import/Export tab to be able to see and export the private keys.

[peterspijzer]

oke, thenks thanks.., so when i go into that wallet and choose IMPORT/EXPORT....

then I can see my private key?


And when i see my private key, that is the moment that I alone must see this?
in other words: dangerous, secret and so on?

[achow101]

oke, thenks thanks.., so when i go into that wallet and choose IMPORT/EXPORT....

then I can see my private key?


And when i see my private key, that is the moment that I alone must see this?
in other words: dangerous, secret and so on?

Yes. It can be dangerous if there are Bitcoin's associated with that private key. Exposing your private key makes it possible for people to steal it which can lead to them stealing your Bitcoin. If you have no reason to look up your private key, then don't do it.

[BitcoinNewsMagazine]

Hi Guys ,
 i just sign up with genesis mining  5 DAYS AGO  65 dollars for 2.5 hashrate x11  1 years contract
after 5 days i made my calculation and this is the conversation i had with genesis support today!
So just be carefull when you sign with genesis mining they will rip off your money!


#21538 Hashrate
D
Davide
reported a day ago
Hi, just i am wondering why i do earn so little! if i make this little coin i will never get my money back!
H
Helmut
said 4 hours ago
Hi Davide,

your payout seem to be ok.
you can get a rough estimate on www.coinwarz.com
insert there your x11 hashrate, scroll down to START or DASH coin -> there you will see the rough estimate from mining. due you are converting this in other cryptocurrencies, you have to make the conversion as well.

Best regards,
Helmut
Genesis Mining

Ticket: http://genesismining.freshdesk.com/helpdesk/tickets/21538




D
Davide
said 4 hours ago
Hi Helmut,

So i did pay 65 dollar 1 years contract to earn 2 or 3 dollar every month, do you think this is right for you?
this is my earning this 3 days please have a look...
x11 NMC balance of 0.1019889 successfully added to your account on 2015-12-23T12:00:00+00:00
x11 DRK balance of 0.01618999 successfully added to your account on 2015-12-23T12:00:00+00:00
x11 DOGE balance of 156.90991667 successfully added to your account on 2015-12-23T12:00:00+00:00
x11 NMC balance of 0.09533103 successfully added to your account on 2015-12-22T12:00:00+00:00
x11 DRK balance of 0.01419602 successfully added to your account on 2015-12-22T12:00:00+00:00
x11 DOGE balance of 145.43214024 successfully added to your account on 2015-12-22T12:00:00+00:00
x11 NMC balance of 0.10861577 successfully added to your account on 2015-12-21T12:00:00+00:00
x11 DRK balance of 0.01901324 successfully added to your account on 2015-12-21T12:00:00+00:00
x11 DOGE balance of 61.82204681 successfully added to your account on 2015-12-21T12:00:00+00:00
H
Helmut
said 4 hours ago
Hi Davide,
well, we do not make any calculations, we just provide hashpower.
and with 2.5mhs you will earn currently and this is close to your payouts you got first when you had your settings on BTC


Best regards,
Helmut
Genesis Mining

Ticket: http://genesismining.freshdesk.com/helpdesk/tickets/21538




D
Davide
said 4 hours ago
  I did change  configuration to all my 2.5 MH to  Dash coin ,than i will earn 5.9 dash every month? is this correct?  sorry to bother you again!
H
Helmut
said an hour ago
Hi Davide,
no, when you check out the site a gave you, you will see that you need currently 5900 days to earn one BTC.
or will earn per day currently
0.00015638 BTC / day
then you need to backcalculate the BTC to the DASH exchange rate, currently 0.00574 BTC/DASH. then you get your DASH
I know this is complicated, but this in the nature of cryptocurrency.
We try to be transparent as much as possible to our customers.
Best regards,
Helmut
Genesis Mining

Ticket: http://genesismining.freshdesk.com/helpdesk/tickets/21538




D
Davide
said an hour ago
Ok than i m really stupid ....i have paid 65 dollars to make in one years 30 dollars or less, this  dasnt make any sens for me! this is not transparent ...in my house is called ripp off people around
H
Helmut
said 22 minutes ago
Hi Davide,

like I already told you, we do not make the calculations of ROI, we just provide hashpower.

Best regards,
Helmut
Genesis Mining

Ticket: http://genesismining.freshdesk.com/helpdesk/tickets/21538




D
Davide
said 10 minutes ago
Yes you make calculation for your profit! And this is called Ripp off!
And you will have on the major website ours nice conversation! so people should start to think about you!

I will start from bitcointalk!

Thanks




Merry Crysthmas to everyone!

Sorry for your loss. Consider how you would feel if you had invested several thousand dollars? Genesis Minining is legitimate, meaning they have the hashing power they claim to have, they just charge more than the competition and there is no out for you ... once you own Genesis Mining hash you cannot sell it. When halving comes next summer all the contracts currently being sold will have fees greater than revenue, will be underwater and cancelled. That is when the lawsuits will begin.

If you need to buy hosted mining buy from a company that has an exchange you can sell your hash on at any time if you change your mind. Hashnest is a good choice. You do need to be careful what contract you buy though. This close to the block halving I would only be buying S7 hashing power. The other options will likely be underwater and cancelled after the halving. Knowing Hashnest I also expect they will have a new option better than S7 come this summer.

[peterspijzer]

I just did it, but it was a big number

thanks for you lesson



AND NOW MY ULTIMATE QUESTION:
so, I will stay with my blockchain.info (hot) wallet, and my identifier (circa 36 characters), with my outstanding password and second password, is that enough safe for a online wallet?

[Andro-B]

that is why I have never invest in these mining sites

[2legit2]

its better not to mine anything in my opinion

[knightkon]

Again, I have to say it, Cloud mining is not profitable and even if it is, they are keeping the profit for you will be lucky to see it on your end once they charge all the fees and things.  The ones that look real good are usually scams.  Cloud Mining is garbage. 

[kevin go]

some of cloud mining is a scam...its why i never use cloud mining...
in my opinion...maybe some of cloud mining site is a ponzi site

[jacktheking]

Good thread you made. Hopefully newbies will not fall into cloud mining scam after reading this thread. Many Some newbies are lazy, I would suggest you to edit your post and add in a extra large (font) TLDR saying "Do not invest in Cloud Mining!".

[peterspijzer]

question 1:
so, taking online wallets in considering,
with my blockchain.info (hot) wallet,
and my identifier (circa 36 characters),
with my outstanding password and second password,
is that enough safe for an online wallet?

question 2:
the backup file is called: aes.json ?

question 3±
de paper wallet consists of only the private key?

[Tyrantt]

I'm going with one thought on my mind, "How to earn something without investing anything or very little", so I don't get into any situation like you did.

[partysaurus]

I got one question when we are already talking about cloudmining. Wanted to invest myself into some cloudmining site , does it exist anyone thats worth geting a contract on?

[odolvlobo]

I got one question when we are already talking about cloudmining. Wanted to invest myself into some cloudmining site , does it exist anyone thats worth geting a contract on?

Most (if not all) cloud mining sites are either scams or are not profitable. Honestly, it is up to you to figure which ones (if any) are worth risking money on. If you can't (or don't want to) do basic due diligence, then you should stay away because you are just going to lose money.

[Amph]

I got one question when we are already talking about cloudmining. Wanted to invest myself into some cloudmining site , does it exist anyone thats worth geting a contract on?

yeah try with hashnest, they have the s7 asic which it very efficient, you should roi in 10 months in the worst case

the problem is that you need to spend big at the beginning, because they are not selling portion of the hahspower of the asic

[winspiral]

I'm going with one thought on my mind, "How to earn something without investing anything or very little", so I don't get into any situation like you did.

if like you said:"How to earn something without investing anything or very little" then my U2cloudmining is made specialy for you 

The first investors have now invested 50000 satoshi or so FOR FREE
it is based on a real econnomy and "market regulation".
It is now a little harder to get free shares.
tomorrow or in a weenk perhaps even more harder,but perhaps more easy.
it is the "market" who will regulate it.

You have absolutly not to be careful for claiming for free...
you have just to decide if you claim or if you do not claim for free.
If you do not claim...other ones will do it for you and take the shares (or better said a part of your shares)
After we have not to forget that it is a game...where you can claim for free or sell for satoshi your shares with 10% bonus.
You and only you decide what is better for you.
After ok...for investing with your own satoshi you have to be more careful...I agree.
I agree because one do not know if the shares will be profitable.
if you lose 5% of free shares it is not a bit pain...but 5% lost of invested satoshi is painfull.

It is why I want to add:
beginners be very carefull about what here is writen...
many systems are scam...but not every ones.

[winspiral]

I got one question when we are already talking about cloudmining. Wanted to invest myself into some cloudmining site , does it exist anyone thats worth geting a contract on?

yeah try with hashnest, they have the s7 asic which it very efficient, you should roi in 10 months in the worst case

the problem is that you need to spend big at the beginning, because they are not selling portion of the hahspower of the asic

Nothing is sure with hashnest...how can you talk about 10 months?

2016-01-09 08:48:22   -0.00001269   0.06141263   BTC   Mining   Maintaince Block# 392448 AntminerS7 Duration Time 4 h 1 m 15 s
2016-01-09 08:48:22   0.00000682   0.06142532   BTC   Mining   Mining Block# 392448 AntminerS7 Duration Time 4 h 1 m 15 s

As you can see we have paid more fees than income.

[Amph]

I got one question when we are already talking about cloudmining. Wanted to invest myself into some cloudmining site , does it exist anyone thats worth geting a contract on?

yeah try with hashnest, they have the s7 asic which it very efficient, you should roi in 10 months in the worst case

the problem is that you need to spend big at the beginning, because they are not selling portion of the hahspower of the asic

Nothing is sure with hashnest...how can you talk about 10 months?

2016-01-09 08:48:22   -0.00001269   0.06141263   BTC   Mining   Maintaince Block# 392448 AntminerS7 Duration Time 4 h 1 m 15 s
2016-01-09 08:48:22   0.00000682   0.06142532   BTC   Mining   Mining Block# 392448 AntminerS7 Duration Time 4 h 1 m 15 s

As you can see we have paid more fees than income.

well something is wrong, since 1 antminer s7 consume far less than the what it generate, so there is no way that you are minig at loss via their cloud

otherwise it would be pointless for them to even run a cloud mining system

[winspiral]

I got one question when we are already talking about cloudmining. Wanted to invest myself into some cloudmining site , does it exist anyone thats worth geting a contract on?

yeah try with hashnest, they have the s7 asic which it very efficient, you should roi in 10 months in the worst case

the problem is that you need to spend big at the beginning, because they are not selling portion of the hahspower of the asic

Nothing is sure with hashnest...how can you talk about 10 months?

2016-01-09 08:48:22   -0.00001269   0.06141263   BTC   Mining   Maintaince Block# 392448 AntminerS7 Duration Time 4 h 1 m 15 s
2016-01-09 08:48:22   0.00000682   0.06142532   BTC   Mining   Mining Block# 392448 AntminerS7 Duration Time 4 h 1 m 15 s

As you can see we have paid more fees than income.

well somethign is wrong, sicne 1 antminer s7 consume far less than the what it generate, so there is no way that you are minig at loss via their cloud

otherwise it would be pointless for them to even run a cloud mining system

It's maintenance fees not consumation fees...
For me nothing seels wrong.
it happens sometimes that maintenance fees for 1Ghs are over the mining income.

[Amph]

I got one question when we are already talking about cloudmining. Wanted to invest myself into some cloudmining site , does it exist anyone thats worth geting a contract on?

yeah try with hashnest, they have the s7 asic which it very efficient, you should roi in 10 months in the worst case

the problem is that you need to spend big at the beginning, because they are not selling portion of the hahspower of the asic

Nothing is sure with hashnest...how can you talk about 10 months?

2016-01-09 08:48:22   -0.00001269   0.06141263   BTC   Mining   Maintaince Block# 392448 AntminerS7 Duration Time 4 h 1 m 15 s
2016-01-09 08:48:22   0.00000682   0.06142532   BTC   Mining   Mining Block# 392448 AntminerS7 Duration Time 4 h 1 m 15 s

As you can see we have paid more fees than income.

well somethign is wrong, sicne 1 antminer s7 consume far less than the what it generate, so there is no way that you are minig at loss via their cloud

otherwise it would be pointless for them to even run a cloud mining system

It's maintenance fees not consumation fees...
For me nothing seels wrong.
it happens sometimes that maintenance fees for 1Ghs are over the mining income.

that because you did not bought the entire hash, but only a small portion, that's your problem

your income is so low that the maintanance surpass it