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MuttleyNo
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June 06, 2017, 12:06:39 PM
 #41


Im using Genesis Mining. I am satisfied with it. Payouts are daily and they are quick to get a hold of should you have any questions or issues.
With that being said, dont expect to make a quick buck. Im sitting at around 7-8 months to get even, nonetheless its still has some potential and you wont have to deal with the excess heat and noise the miners make Cheesy
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June 06, 2017, 12:12:56 PM
 #42


Im using Genesis Mining. I am satisfied with it. Payouts are daily and they are quick to get a hold of should you have any questions or issues.
With that being said, dont expect to make a quick buck. Im sitting at around 7-8 months to get even, nonetheless its still has some potential and you wont have to deal with the excess heat and noise the miners make Cheesy

They recently ran out of Bitcoin contracts,any idea when there will be new ones ?
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June 06, 2017, 12:22:32 PM
 #43


Im using Genesis Mining. I am satisfied with it. Payouts are daily and they are quick to get a hold of should you have any questions or issues.
With that being said, dont expect to make a quick buck. Im sitting at around 7-8 months to get even, nonetheless its still has some potential and you wont have to deal with the excess heat and noise the miners make Cheesy

They recently ran out of Bitcoin contracts,any idea when there will be new ones ?

They had it back for order last night. I ordered my new contract this morning, so should still be available.
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June 06, 2017, 02:45:06 PM
 #44


Im using Genesis Mining. I am satisfied with it. Payouts are daily and they are quick to get a hold of should you have any questions or issues.
With that being said, dont expect to make a quick buck. Im sitting at around 7-8 months to get even, nonetheless its still has some potential and you wont have to deal with the excess heat and noise the miners make Cheesy

They recently ran out of Bitcoin contracts,any idea when there will be new ones ?

They had it back for order last night. I ordered my new contract this morning, so should still be available.

Should I  buy one of these contracts or IOTA token ? just looking for someone else opinion
MuttleyNo
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June 06, 2017, 06:04:27 PM
 #45


Im using Genesis Mining. I am satisfied with it. Payouts are daily and they are quick to get a hold of should you have any questions or issues.
With that being said, dont expect to make a quick buck. Im sitting at around 7-8 months to get even, nonetheless its still has some potential and you wont have to deal with the excess heat and noise the miners make Cheesy

They recently ran out of Bitcoin contracts,any idea when there will be new ones ?

They had it back for order last night. I ordered my new contract this morning, so should still be available.

Should I  buy one of these contracts or IOTA token ? just looking for someone else opinion

Im fairly new to IOTA, so cant really give you any good opinion here. (Actually made my first wallet there a couple of hours ago) It seems really interesting and i will have to get stuck in.
With the BTC-mining, it really depends on how much you are wanting to spend. Genesis operate with a Maintenance fee of $0.00028 pr GH/s every day. Take for example their "diamond plan" at 15000 GH/s ($1950), it adds up to roughly $4 a day in fee's, so that would give you around $10-11 profit each day, $75 odd a week. With the difficulty increasing you could look at 10 months to get even maybe longer. (Im not sure if Hashflare is any better there?) The contracts they have for BTC is "Open ended", so can potentially give you a steady income further down the road. Although there are no guarantees that it will. For all we know, the BTC market can go tits up within a short period, but then again it can also skyrocket. Personally I believe BTC will rise massively in the coming year and this is only the start of BTC glory. For me I think its is a good investement. I could be totally wrong, but that is my opinion.
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June 06, 2017, 10:25:58 PM
 #46


Im using Genesis Mining. I am satisfied with it. Payouts are daily and they are quick to get a hold of should you have any questions or issues.
With that being said, dont expect to make a quick buck. Im sitting at around 7-8 months to get even, nonetheless its still has some potential and you wont have to deal with the excess heat and noise the miners make Cheesy

They recently ran out of Bitcoin contracts,any idea when there will be new ones ?

They had it back for order last night. I ordered my new contract this morning, so should still be available.

Should I  buy one of these contracts or IOTA token ? just looking for someone else opinion

Im fairly new to IOTA, so cant really give you any good opinion here. (Actually made my first wallet there a couple of hours ago) It seems really interesting and i will have to get stuck in.
With the BTC-mining, it really depends on how much you are wanting to spend. Genesis operate with a Maintenance fee of $0.00028 pr GH/s every day. Take for example their "diamond plan" at 15000 GH/s ($1950), it adds up to roughly $4 a day in fee's, so that would give you around $10-11 profit each day, $75 odd a week. With the difficulty increasing you could look at 10 months to get even maybe longer. (Im not sure if Hashflare is any better there?) The contracts they have for BTC is "Open ended", so can potentially give you a steady income further down the road. Although there are no guarantees that it will. For all we know, the BTC market can go tits up within a short period, but then again it can also skyrocket. Personally I believe BTC will rise massively in the coming year and this is only the start of BTC glory. For me I think its is a good investement. I could be totally wrong, but that is my opinion.
not 15000GH , I was thinking about 40 TH
enhu
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June 06, 2017, 10:33:02 PM
 #47

Weren't they all becoming scams already like Cloud mining? They all had scammed thousands of users specially the Hashocean. The only I've that's legit by far is the HaoBTC from China which also asked 10BTC for joiners to receive dividends from them. Check them out here https://bitcointalk.org/index.php?topic=1023187.0

██████████ BitcoinCleanUp.comDebunking Bitcoin's Energy Use ██████████
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MuttleyNo
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June 07, 2017, 08:08:45 AM
 #48


Im using Genesis Mining. I am satisfied with it. Payouts are daily and they are quick to get a hold of should you have any questions or issues.
With that being said, dont expect to make a quick buck. Im sitting at around 7-8 months to get even, nonetheless its still has some potential and you wont have to deal with the excess heat and noise the miners make Cheesy

They recently ran out of Bitcoin contracts,any idea when there will be new ones ?

They had it back for order last night. I ordered my new contract this morning, so should still be available.

Should I  buy one of these contracts or IOTA token ? just looking for someone else opinion

Im fairly new to IOTA, so cant really give you any good opinion here. (Actually made my first wallet there a couple of hours ago) It seems really interesting and i will have to get stuck in.
With the BTC-mining, it really depends on how much you are wanting to spend. Genesis operate with a Maintenance fee of $0.00028 pr GH/s every day. Take for example their "diamond plan" at 15000 GH/s ($1950), it adds up to roughly $4 a day in fee's, so that would give you around $10-11 profit each day, $75 odd a week. With the difficulty increasing you could look at 10 months to get even maybe longer. (Im not sure if Hashflare is any better there?) The contracts they have for BTC is "Open ended", so can potentially give you a steady income further down the road. Although there are no guarantees that it will. For all we know, the BTC market can go tits up within a short period, but then again it can also skyrocket. Personally I believe BTC will rise massively in the coming year and this is only the start of BTC glory. For me I think its is a good investement. I could be totally wrong, but that is my opinion.
not 15000GH , I was thinking about 40 TH

With the 40 th/s one, you are looking at around $11.2 /day in the maintenance fee. Basicly 1/4 of your income on the mining-contract goes out in fees.
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June 07, 2017, 11:51:19 AM
 #49


Im using Genesis Mining. I am satisfied with it. Payouts are daily and they are quick to get a hold of should you have any questions or issues.
With that being said, dont expect to make a quick buck. Im sitting at around 7-8 months to get even, nonetheless its still has some potential and you wont have to deal with the excess heat and noise the miners make Cheesy

They recently ran out of Bitcoin contracts,any idea when there will be new ones ?

They had it back for order last night. I ordered my new contract this morning, so should still be available.

Should I  buy one of these contracts or IOTA token ? just looking for someone else opinion

Im fairly new to IOTA, so cant really give you any good opinion here. (Actually made my first wallet there a couple of hours ago) It seems really interesting and i will have to get stuck in.
With the BTC-mining, it really depends on how much you are wanting to spend. Genesis operate with a Maintenance fee of $0.00028 pr GH/s every day. Take for example their "diamond plan" at 15000 GH/s ($1950), it adds up to roughly $4 a day in fee's, so that would give you around $10-11 profit each day, $75 odd a week. With the difficulty increasing you could look at 10 months to get even maybe longer. (Im not sure if Hashflare is any better there?) The contracts they have for BTC is "Open ended", so can potentially give you a steady income further down the road. Although there are no guarantees that it will. For all we know, the BTC market can go tits up within a short period, but then again it can also skyrocket. Personally I believe BTC will rise massively in the coming year and this is only the start of BTC glory. For me I think its is a good investement. I could be totally wrong, but that is my opinion.
not 15000GH , I was thinking about 40 TH

With the 40 th/s one, you are looking at around $11.2 /day in the maintenance fee. Basicly 1/4 of your income on the mining-contract goes out in fees.
  hmm,but inthe long term investment it would be worth it, right ?
MuttleyNo
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June 07, 2017, 12:48:56 PM
 #50


Im using Genesis Mining. I am satisfied with it. Payouts are daily and they are quick to get a hold of should you have any questions or issues.
With that being said, dont expect to make a quick buck. Im sitting at around 7-8 months to get even, nonetheless its still has some potential and you wont have to deal with the excess heat and noise the miners make Cheesy

They recently ran out of Bitcoin contracts,any idea when there will be new ones ?

They had it back for order last night. I ordered my new contract this morning, so should still be available.

Should I  buy one of these contracts or IOTA token ? just looking for someone else opinion

Im fairly new to IOTA, so cant really give you any good opinion here. (Actually made my first wallet there a couple of hours ago) It seems really interesting and i will have to get stuck in.
With the BTC-mining, it really depends on how much you are wanting to spend. Genesis operate with a Maintenance fee of $0.00028 pr GH/s every day. Take for example their "diamond plan" at 15000 GH/s ($1950), it adds up to roughly $4 a day in fee's, so that would give you around $10-11 profit each day, $75 odd a week. With the difficulty increasing you could look at 10 months to get even maybe longer. (Im not sure if Hashflare is any better there?) The contracts they have for BTC is "Open ended", so can potentially give you a steady income further down the road. Although there are no guarantees that it will. For all we know, the BTC market can go tits up within a short period, but then again it can also skyrocket. Personally I believe BTC will rise massively in the coming year and this is only the start of BTC glory. For me I think its is a good investement. I could be totally wrong, but that is my opinion.
not 15000GH , I was thinking about 40 TH

With the 40 th/s one, you are looking at around $11.2 /day in the maintenance fee. Basicly 1/4 of your income on the mining-contract goes out in fees.
  hmm,but inthe long term investment it would be worth it, right ?


It could definitely be worth it. I believe so, but opinions are like arseholes, everyone got one  Wink
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June 07, 2017, 04:20:27 PM
 #51

Try with hash flare. Seems to be good site for beginners and you can buy as low as 0.03 TH/s mining rate. This will give you 10 dollars per year !

That is just lowest possible math I'm telling you. It always good to buy pretty higher rates probably in 2-5 TH/s this will make you fortune worth 500-600 dollars yearly with current difficulties.

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akirasendo17
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June 08, 2017, 02:46:51 PM
 #52

Genesis mining is a proven cloud mining company. But, it's not profitable on Bitcoin mining anymore. ROI takes too long...
cloud mining is about outdated you can try using gpu
or maybe asic but less profit i think now,
best way for you is trading maybe

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HIPERATIVO
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June 08, 2017, 02:56:36 PM
 #53

Genesis mining is a proven cloud mining company. But, it's not profitable on Bitcoin mining anymore. ROI takes too long...
cloud mining is about outdated you can try using gpu
or maybe asic but less profit i think now,
best way for you is trading maybe

Disagree, future cloud mining will get a kick out of this 

http://www.tweaktown.com/news/57896/amd-nvidia-making-cryptocurrency-mining-cards/index.html
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June 26, 2017, 01:37:50 AM
 #54

My last withdrawl was last year and haven't withdrawn since because I've gotten most of the investment back so I just leaved the auto re-invest till now
I invested $2,700 in Hashflare Lifetime Bitcoin (Scrypt, not SHA-256) mining with 200 MH/s recently.
With Scrypt, they actually mine Litecoin and convert them to Bitcoin at the prevailing LTC/BTC exchange rate.
This is very different from SHA-256 direct Bitcoin mining, which consumes a lot of electricity per TH/s.
The maintenance and electricity fee (MEF) for Scrypt is only $0.01 per MH/s. So my 200 MH/s plan MEF costs only $2,
compared to equivalent 20 TH/s SHA-256 hashrate at $7. ($0.35 per TH/s)
The lower MEF for Scrypt is the reason why the contract is much more profitable than a SHA-256 contract.

I will also be doing auto-reinvest like you.
The returns are pretty good as you say.  Grin
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June 26, 2017, 01:55:25 AM
 #55

My last withdrawl was last year and haven't withdrawn since because I've gotten most of the investment back so I just leaved the auto re-invest till now
I invested $2,700 in Hashflare Lifetime Bitcoin (Scrypt, not SHA-256) mining with 200 MH/s recently.
With Scrypt, they actually mine Litecoin and convert them to Bitcoin at the prevailing LTC/BTC exchange rate.
This is very different from SHA-256 direct Bitcoin mining, which consumes a lot of electricity per TH/s.
The maintenance and electricity fee (MEF) for Scrypt is only $0.01 per MH/s. So my 200 MH/s plan MEF costs only $2,
compared to equivalent 20 TH/s SHA-256 hashrate at $7. ($0.35 per TH/s)
The lower MEF for Scrypt is the reason why the contract is much more profitable than a SHA-256 contract.

I will also be doing auto-reinvest like you.
The returns are pretty good as you say.  Grin
Investing $2,700 in cloud mining is alot, I only invested a little over $600 in it. If you hadn't invested my advice would be buying yourself the antminer L3+ and host it yourself if you can't then send it to a hosting center(link below) I currently host my machines with Jeffcolo
https://bitcointalk.org/index.php?topic=622998.0

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June 26, 2017, 02:07:23 AM
 #56

I did try to buy the Antminer L3+ but Bitmain isn't shipping yet.
Only in mid-July.
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June 26, 2017, 03:02:29 AM
 #57

I did try to buy the Antminer L3+ but Bitmain isn't shipping yet.
Only in mid-July.

Just a advice since having a actual hardware miner gives you the advantage of selling it later and it gives you full control on where you want to mine and what you want to mine

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June 26, 2017, 03:19:33 AM
 #58

I did try to buy the Antminer L3+ but Bitmain isn't shipping yet.
Only in mid-July.

Just a advice since having a actual hardware miner gives you the advantage of selling it later and it gives you full control on where you want to mine and what you want to mine

I know, but an ASIC miner like the L3+ can only mine Litecoin and nothing else. Cannot switch to mine another coin.
In any case, a 504 MH/s Scrypt miner like the L3+ will payback itself in no time.  Grin
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June 26, 2017, 04:22:42 AM
 #59

I did try to buy the Antminer L3+ but Bitmain isn't shipping yet.
Only in mid-July.

Just a advice since having a actual hardware miner gives you the advantage of selling it later and it gives you full control on where you want to mine and what you want to mine

I know, but an ASIC miner like the L3+ can only mine Litecoin and nothing else. Cannot switch to mine another coin.
In any case, a 504 MH/s Scrypt miner like the L3+ will payback itself in no time.  Grin
It's a scrypt miner so it can mine any scrypt coin not only litecoin, You can also sell it later if you decide to stop mining and you'll get your investment in no time as you said

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June 26, 2017, 04:47:19 AM
 #60

Why do you guys always eat the cake and nothing is left for me? if anyone wants a promising legit mining company first of all check the blocks and see which one of the pools is mining the most of the blocks and follow it's trail to find their website and then check if they offer any cloud mining and invest, just please don't come here later to cry and complain about how unfair and inhumane they are Cheesy
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