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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 382053 times)
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vaisajne
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September 24, 2014, 05:43:07 AM
 #1321

Short Update:

The affiliate system should work correctly again and all missing hashrate was credited. Sorry for the inconvenience.


Thanks I did notice the change in the hash power but it seems a tedious task to go through all those mails (some unique and more duplicate) and verify the total hash power awarded. I trust GM and hope it was all added up correctly.

Our IT team decided to start with a clean state. Thus, they rebuild all affiliate contracts from the beginning. Unfortunately, this approach caused duplicate emails (thus you received unique and duplicate ones). Sorry for the duplicate emails, but this way we are sure to be at the correct state. In case affiliate contracts are not correctly showing up, please let us know and we will have a look at it.

Thank you for your trust Smiley

Best regards,
  Marco (mk)



Thanks for the update Marco. Appreciate that.

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vaisajne
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September 24, 2014, 06:14:38 AM
 #1322

GM,

I have a query. How are you mining Doge at this point? Do you mine this directly or do you merge mine with other Scrypt Coins.

Regards,
Vaisajne

vaisajne
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September 24, 2014, 06:16:48 AM
 #1323

but i have more chip lifetime cloud bitcoin mining contracts at 10GH/S at 9.95$

here http://gawminers.go2cloud.org/aff_c?offer_id=34&aff_id=674&file_id=250


and 160MH at 920$ for 1 year... here  http://ltcgear.com/?apage=175

I would suggest you to look through the videos that Ian has published where he has compared  the payouts of a Zen Hashlet, a Waffle Hashlet and a Genesis Hashlet. You can then decide for yourself.

ZorroPai
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September 24, 2014, 07:16:04 AM
 #1324


You can not mine Litecoin or Dogecoin or any other coin and get payment in Bitcoin. You will have to trade those coins yourself then.
If you mine a specific coin then you will need a wallet for that coin otherwise GM cannot send the coins to you.

Hi Mike,
thank you for the information.

I think it would be a enrichment for GM if we could chuse which coin we want to mine and in which coin we would like to get a payment.

What are your thoughts?


Please use my Affiliate-Code to get a discount of 2.5%: RpijYv
Thank you.

Here is the most customerfriendly faucetrotator: TinaRotator.com
Buy BTC, ETH, Dash and LTC @ BitPanda.com
marife01
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September 24, 2014, 08:09:45 AM
 #1325

Short Update:

The affiliate system should work correctly again and all missing hashrate was credited. Sorry for the inconvenience.


Nice job for posting those updates. Hope everything will run smoothly.
vaisajne
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September 24, 2014, 08:53:48 AM
 #1326


You can not mine Litecoin or Dogecoin or any other coin and get payment in Bitcoin. You will have to trade those coins yourself then.
If you mine a specific coin then you will need a wallet for that coin otherwise GM cannot send the coins to you.

Hi Mike,
thank you for the information.

I think it would be a enrichment for GM if we could chuse which coin we want to mine and in which coin we would like to get a payment.

What are your thoughts?


Please use my Affiliate-Code to get a discount of 2.5%: RpijYv
Thank you.

Hi Zorro,

So what you are saying is you want to allocate your scrypt hash powers across different coins and then want GM to convert your mined coins to your preferred coin (in which form you want to receive payout). Why would you want to take that hassle when GM with their experience and efficiency are already doing that for you in the form of auto trading?

I would take that option (if GM provides that)only when I have the time and expertise to understand which coin is profitable to mine.This means you have to be constantly up to date with the changing conditions and keep shuffling your hash powers to get the maximum profit. Phew.

 The Scrypt mining option that GM provides is a great way of stocking your favorite coins which am not sure if any other players provide at the moment.

Regards,
Vaisajne

Mirkic7
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September 24, 2014, 08:57:49 AM
 #1327

Don't really like trend I see  (took 1MH scrypt to test) Sad
IanFoxley
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September 24, 2014, 09:00:59 AM
 #1328

Don't really like trend I see  (took 1MH scrypt to test) Sad


Well, they seem very similar to mine.

Just think yourself lucky you didn't buy a Waffle  Grin as that was the same price at the time of purchasing.
You really would have been  Angry.  I know from experience.  


Mirkic7
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September 24, 2014, 09:04:22 AM
 #1329

Well, I took 1MH as a test.
I did plan to invest more, but with current trend, it's a no-go for me.
Who knows.. maybe I'm wrong  Roll Eyes
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September 24, 2014, 09:09:05 AM
 #1330

Well, I took 1MH as a test.
I did plan to invest more, but with current trend, it's a no-go for me.
Who knows.. maybe I'm wrong  Roll Eyes

Depends on what you are comparing too really.

But yes I do notice that the payment is going down steadily over the last few days.

Take a look at my videos where I am comparing contracts with two providers over the last few days for example.

You can find links to those in previous posts in this topic, here for example.
https://bitcointalk.org/index.php?topic=602022.msg8940322#msg8940322

Quite interesting really, but I wont waffle on about that. lol

vaisajne
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September 24, 2014, 09:20:45 AM
 #1331

Hi GM,

Please can I request you to see the post https://bitcointalk.org/index.php?topic=784908.msg8845337#msg8845337 in India Forum and address the concern if its a genuine one.

Regards,
Vaisajne

IanFoxley
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September 24, 2014, 09:29:53 AM
 #1332

Hi GM,

Please can I request you to see the post https://bitcointalk.org/index.php?topic=784908.msg8845337#msg8845337 in India Forum and address the concern if its a genuine one.

Regards,
Vaisajne


Interesting post, although he doesn't mention if he actually got his money back, just that his order was declined..could have been for a lot of reasons.

Hopefully he will post here soon, I do notice that he actually ordered his contract two weeks ago now.

In a good way it was good he posted when he purchased the contract with the date etc and the amount of the contract as it might help GM work out who that particular customer was, although I have no idea how many orders in a typical day get declined anyway, but just a thought.

Edit: Just looked at his 2nd image he linked to, he has been getting payments, maybe he needs to check his wallet address is correct as perhaps he put in a wrong address and his coins are going somewhere else. Apart from that, I cant see why he think he is being scammed. Anyway, if his account was declined, how is he getting payments??
Odd! Maybe we are not being told the whole story here.

Perhaps he thinks he is not being paid enough each day, he does really need to post a bit more about what his problem is so it can be looked at.

Ian

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September 24, 2014, 11:06:36 AM
 #1333

Day 10 Comparison video is up Smiley Thanks to early payments Smiley

My Genesis Mining contracts on Day 10 have reached 10 % or ROI now.

http://youtu.be/MSrRa9jipnk

Ian

vaisajne
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September 24, 2014, 11:27:49 AM
 #1334

Hi GM,

Please can I request you to see the post https://bitcointalk.org/index.php?topic=784908.msg8845337#msg8845337 in India Forum and address the concern if its a genuine one.

Regards,
Vaisajne


Just Quoting Marco's reply to the post above in the thread here https://bitcointalk.org/index.php?topic=784908.msg8845337#msg8845337. That was a quick reply and thanks Marco for that. You guys are doing a great job.

Dear habijabi,

Marco Krohn here from Genesis Mining. Please send me your ticket number and I will have a look at it.

Have a nice day,
  Marco

Found it.

You have been refunded the amount long time ago. Please check the following transaction:

https://blockchain.info/tx/1a327584b01ea837b1b5b8348f80ccc803e4b88e1b3956cea6d74b56cb6fa926

This is the amount paid to us and deducting the payouts already paid to you.

Hope this helps,
  Marco
[/b]

Marco Krohn (GM)
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September 24, 2014, 11:28:37 AM
 #1335

Hi GM,

Please can I request you to see the post https://bitcointalk.org/index.php?topic=784908.msg8845337#msg8845337 in India Forum and address the concern if its a genuine one.

Regards,
Vaisajne


Roughly the following happened: User bought hashpower, got a couple of payouts, then opened a ticket to get a refund. Support asked several times for a refund address. When team got the refund address the user was reimbursed (already about a week ago).

Best regards,
  Marco
vaisajne
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September 24, 2014, 12:14:04 PM
 #1336

Hi GM,

Please can I request you to see the post https://bitcointalk.org/index.php?topic=784908.msg8845337#msg8845337 in India Forum and address the concern if its a genuine one.

Regards,
Vaisajne


Roughly the following happened: User bought hashpower, got a couple of payouts, then opened a ticket to get a refund. Support asked several times for a refund address. When team got the refund address the user was reimbursed (already about a week ago).

Best regards,
  Marco


I have got the topic name changed by the Mod/OP after MK has posted the resolution -> [SCAM] to [UNDER RESOLUTION] . See here.

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September 24, 2014, 12:47:28 PM
 #1337

Well, I took 1MH as a test.
I did plan to invest more, but with current trend, it's a no-go for me.
Who knows.. maybe I'm wrong  Roll Eyes

before those heavy dropped prices, few months ago i ordered a 1mh contract for ~128€ (!) , although it was converted to 1,5mh i am sure it wont ever roi.
just play with the payouts and reinvested them to buy new lifetime contracts... hope this tactic works an i can get near my invest...
with the new prices it seems to be much better - BUT only if payouts stay stable ...

well, at the beginning of july the 1st contract started, i received payouts around  0.0011xx for a while. after few days the contract was converted to 1,5MH due to new prices - i felt lucky but it didnt last very long.
the payouts were slowly dropping till now i get around  0.0006xx - further dropping...

next week i wanted to invest a "little" more, thought about 25mh scrypt and maybe a little sha256 for testing, but what the hell if the same sh** happens again ? confusing

btw, i bought my 1st contract for testing - thanks heaven i DID NOT invest more...


My Genesis Mining promo Code is unavailable Wink
Marco Krohn (GM)
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September 24, 2014, 12:50:25 PM
 #1338

I have got the topic name changed by the Mod/OP after MK has posted the resolution -> [SCAM] to [UNDER RESOLUTION] . See here.

Thank you. Sidenote: I am the CFO of the company, but the CEO's first name is also Marco Wink
ZorroPai
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September 24, 2014, 01:19:15 PM
 #1339

I have got the topic name changed by the Mod/OP after MK has posted the resolution -> [SCAM] to [UNDER RESOLUTION] . See here.

Thank you. Sidenote: I am the CFO of the company, but the CEO's first name is also Marco Wink

Hi Marco,

can you tell us if you have invested in mining with GM?
Are the other Board Members mining with GM at the aktual prices?

Kind regards,
Zorro

Please use my Affiliate-Code to get a discount of 2.5%: RpijYv  Wink
Thank you.

Here is the most customerfriendly faucetrotator: TinaRotator.com
Buy BTC, ETH, Dash and LTC @ BitPanda.com
Marco Krohn (GM)
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September 24, 2014, 02:05:17 PM
 #1340

I have got the topic name changed by the Mod/OP after MK has posted the resolution -> [SCAM] to [UNDER RESOLUTION] . See here.

Thank you. Sidenote: I am the CFO of the company, but the CEO's first name is also Marco Wink

Hi Marco,

can you tell us if you have invested in mining with GM?
Are the other Board Members mining with GM at the aktual prices?

Kind regards,
Zorro

Please use my Affiliate-Code to get a discount of 2.5%: RpijYv  Wink
Thank you.

Good question! All three partners are mining with our hardware. We mine to a certain extent BTC (~20%) and a mix of various other coins: Marco Streng has a focus on Darkcoin, Jakov also likes another anon coin (which will be available soon) and myself I like Viacoin and Darkcoin. The mix changes over time though. We use the same interface like everyone else to allocate our hashpower.

I know that a number of team members purchased contracts on their own (full disclosure: regardless of the amount they buy they get Diamond level prices). We have not asked anyone in our team to buy contracts from us. Of course it is awesome if your team members fully believe in the project that they purchase from you. However, everyone here knows that mining is risky and no will spend more on it then she or he is willing to lose.

Sidenote: most of our team members get a significant amount (>50%) of their salary in Bitcoin or Altcoin.

Cheers,
  Marco

Haha! Thanks for the affiliate code Smiley
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