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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 382070 times)
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IanFoxley
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September 11, 2014, 06:44:26 AM
 #1061

I can't remember GM saying anywhere that they are changing to lifetime, though I wouldn't hold a grudge if they did Tongue
But... which other GM thread did you see that?

Here apparently.
https://bitcointalk.org/index.php?topic=768281.msg8747062#msg8747062

Although GM didn't actually say that they were, just that another forum member that said they had.

I think Genesis- mining need to concern this matter. It would be really helpful for old members like us.

This is old news now. This was posted before the announcement yesterday from Genesis Mining that they had lowered prices once more and are now offering contracts that are a lifetime.

All those with contracts which were purchased before that change, will be upgraded to the lifetime contract when their current contract ends, for example my contract started in May so when mine finishes in May 2015, then it gets changed to a lifetime automatically.

Ian.

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Daniel007
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September 11, 2014, 06:45:58 AM
 #1062

I can't remember GM saying anywhere that they are changing to lifetime, though I wouldn't hold a grudge if they did Tongue
But... which other GM thread did you see that?

Here apparently.
https://bitcointalk.org/index.php?topic=768281.msg8747062#msg8747062

Although GM didn't actually say that they were, just that another forum member that said they had.

I think Genesis- mining need to concern this matter. It would be really helpful for old members like us.

Haven't you notice it? Here is an announcement from Genesis-mining:
All customers who purchased yearly contracts from us get a free upgrade to lifetime contracts after expiration!

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September 11, 2014, 06:46:46 AM
 #1063

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

Super news! Yay! Smiley

Have PM'd you guys!

I was just looking at the contracts now.

There is a part about having to pay fees now each day. Is this the same as before or is this a new cost now because the contracts are now lifetime?

2. Remuneration
As a consideration for the Services the Customer agrees to pay to the Service Provider an amount of (the "Fee"):  
a. 0.01795 USD per kH/s upfront
b. 0.08 USD per MH/s and day, deducted on a daily basis* from the generated Coins

Is this for new contracts only and will those who have the yearly contracts not have this fee in place until the year is up and they get moved automatically to the new unlimited one??

Thanks in advance.

Ian



A very valid query by CK. Any updates on this GM ?

IanFoxley
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September 11, 2014, 06:54:16 AM
 #1064

I can't remember GM saying anywhere that they are changing to lifetime, though I wouldn't hold a grudge if they did Tongue
But... which other GM thread did you see that?

Here apparently.
https://bitcointalk.org/index.php?topic=768281.msg8747062#msg8747062

Although GM didn't actually say that they were, just that another forum member that said they had.

I think Genesis- mining need to concern this matter. It would be really helpful for old members like us.
After reading it again, I think what Marco said in his post was that anyone who had a contract already before the changes will have their contract changed to the lifetime contract when their current contract ends, mine for example will end May 2015 so it will then be changed to the lifetime contract.

So I think those with those contracts will not have to pay any daily fees until it is changed to the new one as our contracts are set up so that fees are included in the price.

All contracts bought after the changes will have daily fees.

I think that is what will happen.

The daily fees now are not too bad, it is the same as the competitors and also the prices and the length of the contracts now are in line with the competition, for buying larger orders, cheaper than the competition but as well all know GM can offer you other things that the competitors do not, like allowing you to mine different types of coins and having them sent to your wallet each day for example. Most of the competition will only do BTC or LTC, but not both, from what I have seen.

Ian

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September 11, 2014, 07:46:09 AM
 #1065

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

This is great news and nice to know that GM is continuously working to offer the best prices. Cheesy
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September 11, 2014, 07:50:46 AM
 #1066



Thats More then 60% off from Yesterday Prices!!

Your post is confusing me with your discount code difference.

The image says 2.5 percent off, yet your signature says 3 percent Smiley




Take the one from my signature  Grin

Its 3% Discount not 2.5 % You are right


Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
Collider
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September 11, 2014, 08:24:35 AM
 #1067

how much is the energy/ hosting cost per GH and per MH at the moment?

I looked on their website but it doesn´t seem to be mentioned anywhere....

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IanFoxley
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September 11, 2014, 08:39:55 AM
 #1068

how much is the energy/ hosting cost per GH and per MH at the moment?

I looked on their website but it doesn´t seem to be mentioned anywhere....

If you see a few posts up I mentioned that they have fees in their new contracts now.

So they are probably the info you require.

It was basically a daily fee taken from your mined coins each day of 0.08 USD per MH/s for scrypt and 0.01 per 5 GH/s for SHA256.

Contracts before the change had no additional daily fees, but were limited mostly to 1 year, but the last few weeks they did start to include contracts of half yearly intervals from 1 year upto 3 years.

Hope this helps

Ian

Minerjoe
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September 11, 2014, 09:17:19 AM
 #1069

how much is the energy/ hosting cost per GH and per MH at the moment?

I looked on their website but it doesn´t seem to be mentioned anywhere....

If you see a few posts up I mentioned that they have fees in their new contracts now.

So they are probably the info you require.

It was basically a daily fee taken from your mined coins each day of 0.08 USD per MH/s for scrypt and 0.01 per 5 GH/s for SHA256.

Contracts before the change had no additional daily fees, but were limited mostly to 1 year, but the last few weeks they did start to include contracts of half yearly intervals from 1 year upto 3 years.

Hope this helps

Ian

Is there any other discount code active besides these referral codes cause I am already a member?

vaisajne
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September 11, 2014, 09:28:35 AM
 #1070

how much is the energy/ hosting cost per GH and per MH at the moment?

I looked on their website but it doesn´t seem to be mentioned anywhere....

If you see a few posts up I mentioned that they have fees in their new contracts now.

So they are probably the info you require.

It was basically a daily fee taken from your mined coins each day of 0.08 USD per MH/s for scrypt and 0.01 per 5 GH/s for SHA256.

Contracts before the change had no additional daily fees, but were limited mostly to 1 year, but the last few weeks they did start to include contracts of half yearly intervals from 1 year upto 3 years.

Hope this helps

Ian

Is there any other discount code active besides these referral codes cause I am already a member?

You can get 3% discount on both Scrypt and SHA256 if you use mine. Check here.

Minerjoe
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September 11, 2014, 09:31:32 AM
 #1071

Has anyone calculated ROI, including these fees? What is the number?

Zeta0S
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September 11, 2014, 10:09:49 AM
 #1072

how much is the energy/ hosting cost per GH and per MH at the moment?

I looked on their website but it doesn´t seem to be mentioned anywhere....

If you see a few posts up I mentioned that they have fees in their new contracts now.

So they are probably the info you require.

It was basically a daily fee taken from your mined coins each day of 0.08 USD per MH/s for scrypt and 0.01 per 5 GH/s for SHA256.

Contracts before the change had no additional daily fees, but were limited mostly to 1 year, but the last few weeks they did start to include contracts of half yearly intervals from 1 year upto 3 years.

Hope this helps

Ian

Is there any other discount code active besides these referral codes cause I am already a member?

No  Huh
Only vouchers like MOON and others, all give the same 3% discount.


However MOON is the way you want to go right!?


Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
crazyivan
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September 11, 2014, 10:21:54 AM
 #1073

ROI anyone?

IanFoxley
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September 11, 2014, 10:28:01 AM
 #1074

how much is the energy/ hosting cost per GH and per MH at the moment?

I looked on their website but it doesn´t seem to be mentioned anywhere....

If you see a few posts up I mentioned that they have fees in their new contracts now.

So they are probably the info you require.

It was basically a daily fee taken from your mined coins each day of 0.08 USD per MH/s for scrypt and 0.01 per 5 GH/s for SHA256.

Contracts before the change had no additional daily fees, but were limited mostly to 1 year, but the last few weeks they did start to include contracts of half yearly intervals from 1 year upto 3 years.

Hope this helps

Ian

Is there any other discount code active besides these referral codes cause I am already a member?

BTCTALK gives you 5 percent off! Smiley It is probably limited though, so use it whilst you can.

Or just use one of the others.

Genesis-Mining
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September 11, 2014, 02:25:40 PM
 #1075

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

IanFoxley
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September 11, 2014, 02:26:45 PM
 #1076

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


Thanks for letting us know Smiley


crazyivan
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September 11, 2014, 03:29:43 PM
 #1077

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


So this is the reason why promo codes do not work?

IanFoxley
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September 11, 2014, 03:56:17 PM
 #1078

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


So this is the reason why promo codes do not work?
Are you trying your own one Ivan?

They have changed the interface now so that if you try your own code it does not work, but if another account user uses your code, then it works as normal.

fractal02
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September 11, 2014, 04:08:30 PM
 #1079

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

This !

I was really critics agains't you Genesis-Mining Team...

But this is a really great news and i'm changing my mind about you.

I definitely will reinvest with you Wink

Great move and Kudos for all the team, i'm very critic but when great thing is made, i told it also Wink
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September 11, 2014, 04:56:12 PM
 #1080

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


So this is the reason why promo codes do not work?
Are you trying your own one Ivan?

They have changed the interface now so that if you try your own code it does not work, but if another account user uses your code, then it works as normal.


Thats new, so basically I cannot check if my code works. Can anyone check pls, just input it as a test: CI_DISCOUNT

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