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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 382424 times)
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Mike18feb
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October 22, 2014, 10:01:49 PM
 #1681



how can they actually prove they are really mining coins and not just taking people's money and shorting the money to pay people who have purchased hash?

please provides proof that this company is really mining coins.

has anyone actually visited their data center?
have you tried looking around first instead of mindless posting?! There's PLENTY of information and proof to be found.


My contract says 0.01 per 10 GH/s
Then enjoy the benefit Smiley

<||=||>  Rule #1a: Never invest more then you can afford to lose. <||=||>  Rule #1b: Never invest all you can afford to lose. <||=||> 
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Zeta0S
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October 22, 2014, 10:22:01 PM
 #1682



how can they actually prove they are really mining coins and not just taking people's money and shorting the money to pay people who have purchased hash?

please provides proof that this company is really mining coins.

has anyone actually visited their data center?

I can give you proof that they have miners.

This pictures below Marco Streng specially send me on request.
I believe Its`s 100% legit. Even more, i am happy Marco Streng and his team made it possible to have  a new kind of cloudmining service like this.




It`s that Iceland is to far away for me to visit, other wise i already asked for it be possible to make a trip to there.
My Website article: http://www.bitcoinupdate.nl/home/het-genesis-mining-datacenter

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
lifeforcepools
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October 22, 2014, 10:49:24 PM
 #1683



how can they actually prove they are really mining coins and not just taking people's money and shorting the money to pay people who have purchased hash?

please provides proof that this company is really mining coins.

has anyone actually visited their data center?

I can give you proof that they have miners.

This pictures below Marco Streng specially send me on request.
I believe Its`s 100% legit. Even more, i am happy Marco Streng and his team made it possible to have  a new kind of cloudmining service like this.




It`s that Iceland is to far away for me to visit, other wise i already asked for it be possible to make a trip to there.
My Website article: http://www.bitcoinupdate.nl/home/het-genesis-mining-datacenter

has anyone on this site actually visited their data center - there are some cloud mining services that I am pretty sure aren;t really mining at all and I'd like some real proof before I invest.

in addtition - can you actually see what you're mining? can you choose a pool to mine in and create a worker to see that worker actually mine?

what kind of machines are pictured there? who is the manufacturer?

Take the Guesswork out of choosing which Scrypt coins to mine: http://smarterhash.com
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October 22, 2014, 11:01:00 PM
 #1684



how can they actually prove they are really mining coins and not just taking people's money and shorting the money to pay people who have purchased hash?

please provides proof that this company is really mining coins.

has anyone actually visited their data center?

I can give you proof that they have miners.

This pictures below Marco Streng specially send me on request.
I believe Its`s 100% legit. Even more, i am happy Marco Streng and his team made it possible to have  a new kind of cloudmining service like this.




It`s that Iceland is to far away for me to visit, other wise i already asked for it be possible to make a trip to there.
My Website article: http://www.bitcoinupdate.nl/home/het-genesis-mining-datacenter

has anyone on this site actually visited their data center - there are some cloud mining services that I am pretty sure aren;t really mining at all and I'd like some real proof before I invest.

in addtition - can you actually see what you're mining? can you choose a pool to mine in and create a worker to see that worker actually mine?

what kind of machines are pictured there? who is the manufacturer?
Yes that can all be possible.It`s possible that they are mining for them selves, even when i visit it will not proof they are mining for me, or who knows. Bit of trust will not hurt you.

See it like this, I have daily payouts and i made roi, what more can i ask for?

To answer your mining question, i do not see CGMiner, i see payouts, i can choice coins, no pool choice.
Wait, this makes it more clear: https://www.youtube.com/watch?v=a57NhdyQ6tw

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
LCollins
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October 23, 2014, 01:04:24 AM
 #1685

how can they actually prove they are really mining coins and not just taking people's money and shorting the money to pay people who have purchased hash?

please provides proof that this company is really mining coins.

has anyone actually visited their data center?
has anyone on this site actually visited their data center - there are some cloud mining services that I am pretty sure aren;t really mining at all and I'd like some real proof before I invest.

in addtition - can you actually see what you're mining? can you choose a pool to mine in and create a worker to see that worker actually mine?
what kind of machines are pictured there? who is the manufacturer?

Please contact genesis mining and schedule a visit to Iceland it is very nice country. Wink

If genesis points your hash power to the real pool of your choice how would they subtract the daily fees ?
If you get a worker Id would that actually mean anything except that you will probably have to pay all the fees when hash power is activated ?
Do you expect worker to be the size of your contracted hash power or aggregated slots of 10GH would satisfy you?

Approach like "you choose the pool" (u r just binding your hash power to specific public pool profitability) is not the proof that hash power
exists for you. There are some mining providers out there that 'offer' that but that's more like try and cry solution.

Genesis is using multiple pools/proxies (it was written somewhere in this topic) for redundancy as they are protecting users where lot of pools are not always 100% up time.
Would you agree to get 0 MH because you picked the pool that was down for 24h (accumulated or not) ?

Of course, there is always someone who wants to speculate which pool is better and all that, but personally I want security and contracted hash power.

Do you ask AT&T about the manufacturer of their equipment or you just pay the service and use it ?

You can always buy a miner, set it up at home, point to the pool and do it the old fashioned way like most of us did long time ago Wink

Bottom line I think you are missing the point of service as cloud mining where I don't care about any of this, just want my daily payout and leave the
technicalities and speculations to someone else.

Happy cloud mining;
kingscrown
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http://fuk.io - check it out!


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October 23, 2014, 02:01:00 AM
 #1686

i reviewd this service few months back they did pay on time. imo they do have miners

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Neeed moooore cooooins!


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October 23, 2014, 02:09:46 AM
 #1687

Yes that can all be possible.It`s possible that they are mining for them selves, even when i visit it will not proof they are mining for me, or who knows. Bit of trust will not hurt you.

See it like this, I have daily payouts and i made roi, what more can i ask for?

To answer your mining question, i do not see CGMiner, i see payouts, i can choice coins, no pool choice.
Wait, this makes it more clear: https://www.youtube.com/watch?v=a57NhdyQ6tw

Yeah, who cares, you got some payouts, so they must be legit.
"A bit of trust" definitely hurt them:
https://bitcointalk.org/index.php?topic=675315.0

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October 23, 2014, 03:54:04 AM
 #1688

Yes that can all be possible.It`s possible that they are mining for them selves, even when i visit it will not proof they are mining for me, or who knows. Bit of trust will not hurt you.

See it like this, I have daily payouts and i made roi, what more can i ask for?

To answer your mining question, i do not see CGMiner, i see payouts, i can choice coins, no pool choice.
Wait, this makes it more clear: https://www.youtube.com/watch?v=a57NhdyQ6tw

Yeah, who cares, you got some payouts, so they must be legit.
"A bit of trust" definitely hurt them:
https://bitcointalk.org/index.php?topic=675315.0
Not some, i made roi

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
Genesis-Mining
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October 23, 2014, 04:48:05 AM
 #1689

New announcement for Affiliates:

We have activated affiliate links in the "Affiliate" section of your user interface. If a user signs up coming from one of your links you will always receive 2.5% of all the purchased hashpower coming from the users account. There is no expiration and you will always get rewarded!

Also you find in this section a detailed tracking of your links which helps you to optimize your campaigns!

Have fun!

Your Genesis Mining Team

SS2006
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October 23, 2014, 05:55:28 AM
 #1690

Guys what does this mean, under the maintenence fee

"As a consideration for the Services the Customer agrees to pay to the Service Provider an amount of (the "Fee"): 
a. 0.799 USD per GH/s upfront
b. USD 0.02 per 10 GH/s and day, deducted on a daily basis* from the generated Coins"

What does the upfront part mean?
IanFoxley
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October 23, 2014, 06:28:12 AM
 #1691

Guys what does this mean, under the maintenence fee

"As a consideration for the Services the Customer agrees to pay to the Service Provider an amount of (the "Fee"):  
a. 0.799 USD per GH/s upfront
b. USD 0.02 per 10 GH/s and day, deducted on a daily basis* from the generated Coins"

What does the upfront part mean?

Well that was the price you paid for the contract. 0.799 USD per GH/s.  15.99 USD for 20GH/s etc. You sent that amount to them to get your contract approved, so that is the upfront cost.

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October 23, 2014, 12:26:22 PM
 #1692

ok wtf last transaction 10-21-14 Huh?
Mike18feb
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October 23, 2014, 01:43:32 PM
 #1693

ok wtf last transaction 10-21-14 Huh?

When do I get my payout?
Genesis Mining provides daily payouts of all mined coins!

A mining day usually starts at 00:00 UTC and ends at 23:59:59 UTC. If you just bought a contract the start time could be different and you will only mine for a fraction of that day. Otherwise your miners will mine for you 24 hours and exactly act according to your settings (see "mining allocation").

At the end of the mining day we will do some additional calculations and double-checking to ensure everything is correct. About 8 hours later (max. 24 hours) you will receive payouts for each coin you have mined. Please ensure that you provide a payout address for each coin you mine, otherwise we cannot make the payout!

If you just bought your first contract it could potentially take up to 48 hours until you receive your first payment. If you did not get anything from us within 48 hours please contact our support team at contact@genesis-mining.com.

You can check your payouts also in the menu under "Transactions".

<||=||>  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 .............
IanFoxley
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October 23, 2014, 02:54:53 PM
 #1694

ok wtf last transaction 10-21-14 Huh?

That was the payout you got yesterday on the 22nd for mining on the 21st.

Todays payout will be will be for what you mined on the 22nd.

Tomorrows payout will be for what you mined today, the 23rd.

It is why they are labelled as Mining Days.

Ian

tylerderden
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October 23, 2014, 03:28:48 PM
 #1695

 what the hell is up with these terrible payouts lately?
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Moirai Pre-ICO starts on 28.10.2017


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October 23, 2014, 04:14:18 PM
 #1696

ok so i got 1.4 via with 20 mhs? what the hell is up with these terrible payouts lately? i use multipools their payouts arent dropping at nearly the rate our payouts are here. i was getting the same payout with half the hash last month. this just makes no sense to me at all. especially because via is at 14000 sat. so if they are multipooling to btc then buying via i made what...16000 sat with 20 mhs? im no math genius but this doesnt add up.

Payouts dropped buy half during last month. I got 22505 sat with 20 GH/s yesterday. This agrees with dustcoint.com estimates (little less since the fee is subtracted). During first day of mining you may get less if you started at the end of the day.
 

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t0maten
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If it grows eat it!


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October 23, 2014, 04:44:59 PM
 #1697

50% drop in payouts on 1 day...
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October 23, 2014, 06:17:05 PM
 #1698

Day 39 video.
http://youtu.be/9Erlsr_Uj-c

Ian

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October 24, 2014, 05:48:21 AM
 #1699

50% drop in payouts on 1 day...

yeah none of this is making me want to buy more hash thats for sure. i think i will just wait and buy at home miners where i know i actually get the going rate of the multipools, this is just ridiculous.
AizenSou
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October 24, 2014, 09:04:10 AM
 #1700

50% drop in payouts on 1 day...

yeah none of this is making me want to buy more hash thats for sure. i think i will just wait and buy at home miners where i know i actually get the going rate of the multipools, this is just ridiculous.

Only ltcgear rocks. LOL
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