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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 381329 times)
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Mike18feb
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September 12, 2014, 10:19:56 PM
 #1101

Well, ideally Lifetime is not a gimmick. Future hardware might very well be capable of holding all the hashrate you have now, plus what you buy then, and be more efficient, and so on.

Translated: Genesis Mining has a power bill based on the total amount of MHS/GHS delivered by the current hardware. Maybe a few months from now they buy a batch newer hardware which is more powerful and at the same time more efficient. The power consumption per MHS/GHS is actually going down then. If you add another batch, same thing. If you add another batch and at the same time get rid of a batch of less efficient older hardware, the effect will even be a bit bigger.
And that's just one way, but perhaps GM comes up with more efficient ways of preserving power usage, or make their own power, or...

Get the picture?

<||=||>  Rule #1a: Never invest more then you can afford to lose. <||=||>  Rule #1b: Never invest all you can afford to lose. <||=||> 
............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
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Genesis-Mining
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September 12, 2014, 10:22:56 PM
 #1102

Important Notice:

We are really overwhelmed by the huge demand for our new contracts. Also we are happy for all the feedback from the community so far and are glad that you like it!

We managed to get back on track with the approval system and from now on your contracts should get approved without bigger delays again.

Thank you!

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September 12, 2014, 10:30:47 PM
 #1103

delete.

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
Mike18feb
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September 12, 2014, 10:45:30 PM
 #1104

Is that the same 5% you mentioned yesterday less then an hour ago Undecided

<||=||>  Rule #1a: Never invest more then you can afford to lose. <||=||>  Rule #1b: Never invest all you can afford to lose. <||=||> 
............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
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September 12, 2014, 11:00:49 PM
 #1105

Is that the same 5% MOON Voucher you mentioned yesterday less then an hour ago Undecided

Your right  Undecided  Deleted message

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
Nathan101
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September 13, 2014, 05:53:23 AM
 #1106

This seems interesting, has anyone calculated expected ROI with these new prices?
There are a lot of coins to use the calculation.
I guess 3.8 months roi
Is it really possible to get ROI  within 4 months? I would like to see the calculation.

Daniel007
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September 13, 2014, 06:05:13 AM
 #1107

i register yesterday and buy hashpower  when i receive earn
and site write
Congratulations! Your hashpower has been upgraded and your machines are already mining!
Please be patient for your payout since they are only done once a day. Because you started in the middle of our 24-hour payout period your first payout is expected to be less than the following.
Happy Mining with Genesis Mining!
Hope you will enjoy mining with Genesis-mining. Welcome to GM miners club.

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September 13, 2014, 08:22:22 AM
 #1108

Is it possible to mine others currency on our choice? using our own pool?

Also the price for 10 GHs is 9.99 USD, is this one time payment and for how long it last?
IanFoxley
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September 13, 2014, 09:31:15 AM
 #1109

Is it possible to mine others currency on our choice? using our own pool?

Also the price for 10 GHs is 9.99 USD, is this one time payment and for how long it last?

You can mine other types of currency like LTC, Doge etc, but only if you buy a Scrypt contract. You can not choose your own pool.

If you buy a SHA256 contract then you can mine only BTC.

It is a one time payment although there is a daily fee of 0.01 USD per 5 GH/s that it taken from your daily payment, so that's basically 0.02 USD if you have 10 GH/s, and the contract is for life.

If you purchase a scrypt payment then the daily fee is 0.08 USD per MH/s.

Any other questions, just ask and someone from Genesis Mining or myself or another forum member can try and help.

Ian


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September 13, 2014, 10:24:08 AM
 #1110

That is bad for me, because i need to mine scrypt coin with some other pool and this coin is not on your list.

can you please suggest me other alternative that let me mine my own choice coin with my own choice pool?

thank you for your time.
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September 13, 2014, 10:31:30 AM
 #1111

That is bad for me, because i need to mine scrypt coin with some other pool and this coin is not on your list.

can you please suggest me other alternative that let me mine my own choice coin with my own choice pool?

thank you for your time.

To  be honest I do not know of any other company that are similar to Genesis Mining that would allow you to do that, Most only allow you to mine BTC or LTC at the most.

To get what you want, you would either have to buy your own hardware or use one of the sites where you can rent hashpower for a daily rental fee and then the person you rent from can set it up so you can mine at the pool you want and the coins you choose.

So you would need to look at something like mining rig rentals or the other alternative is to buy some scrypt hashpower from Genesis Mining and then mine one of the coins like LTC or BTC and then when you get paid, send them to an exchange and trade them for the coin you want. That can depend though on the coin. If it is quite new then it might not be on an exchange yet.

Sorry that I can't help you any more than that.

Which coin was it that you were wanted to mine?

Ian

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September 13, 2014, 10:54:51 AM
 #1112

how much 1 mh/s return per day?
and best coins mining in Scrypt
Mike18feb
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September 13, 2014, 11:37:09 AM
 #1113

I can only count in Megacoins, and I can tell you that 1 MHs returns roughly around 7 Megacoin per day. Can't help you with numbers for other coins.

I also have SHA hashrate, but since two days/payments only, so I don't have good numbers yet.

<||=||>  Rule #1a: Never invest more then you can afford to lose. <||=||>  Rule #1b: Never invest all you can afford to lose. <||=||> 
............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
mghorab
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September 13, 2014, 11:51:21 AM
 #1114

the site payment Megacoin  or btc?
i make 1 MHs in litcoin and return btc to my wallat
Mike18feb
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September 13, 2014, 02:16:25 PM
 #1115

You can return BTC to your wallet, but you can also choose a specific coin.
If you mine Megacoin then you will receive Megacoin.
If you choose Litecoin then you will receive Litecoin.
If you choose BTC(Auto) then you will receive Bitcoin.
Do you understand?


<||=||>  Rule #1a: Never invest more then you can afford to lose. <||=||>  Rule #1b: Never invest all you can afford to lose. <||=||> 
............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
martinnew
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September 13, 2014, 02:37:17 PM
 #1116

Important Notice:

We are really overwhelmed by the huge demand for our new contracts. Also we are happy for all the feedback from the community so far and are glad that you like it!

We managed to get back on track with the approval system and from now on your contracts should get approved without bigger delays again.

Thank you!

That will be good job GM.  Cool
mghorab
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September 13, 2014, 09:11:53 PM
 #1117

You can return BTC to your wallet, but you can also choose a specific coin.
If you mine Megacoin then you will receive Megacoin.
If you choose Litecoin then you will receive Litecoin.
If you choose BTC(Auto) then you will receive Bitcoin.
Do you understand?


thanks
ellen_me
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September 14, 2014, 02:19:22 AM
 #1118

Important Notice:

We are really overwhelmed by the huge demand for our new contracts. Also we are happy for all the feedback from the community so far and are glad that you like it!

We managed to get back on track with the approval system and from now on your contracts should get approved without bigger delays again.

Thank you!

Nice to know all the good updates of your site. Smiley

IanFoxley
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September 14, 2014, 06:46:06 AM
 #1119

Hey guys, I was wondering if we are going to merge-mine doge now that it is available?

Not yet :-(
Can anybody check if MOON is doing 5% to?
(Can`t check it my self)

BTCTALK is just one of the codes that will last a short while so those always tend to higher than the ones we have.
There was one for 10 percent off a few weeks ago.

Your code is working fine, at 3 % off
Thanks!

MOON now 5% discount!

That's nice, wish I could get that much of a discount, I must try harder Smiley

I did a little video about what to expect when you sign up.

https://www.youtube.com/watch?v=7pVsX0vNx-E

Nathan101
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September 14, 2014, 01:20:13 PM
 #1120

Is it possible to mine others currency on our choice? using our own pool?

Also the price for 10 GHs is 9.99 USD, is this one time payment and for how long it last?
If you buy scrypto contract, then you can buy LTC, Doge, Reddcoin and others cryptocions which are listed.

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