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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 383590 times)
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galdur
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November 23, 2014, 04:44:40 PM
 #1861

Are they going belly up ?

Scrypt payout has tanked like 60-70%.

It is how Scrypt payouts are in general at the moment. It is not just Genesis Mining

And compared to some others, Genesis Mining is not doing so bad, just look at my videos to see how bad it could be.

These were my payouts yesterday
Genesis Mining 1 MH/s contract            0.00008780 BTC
GAW Hashlet Waffle 1MH/s                   0.00000001 BTC
GAW Hashlet Zen 1 MH/s                      0.00000942 BTC

Well, fortunately I have only .19 BTC stuck in this mess.

Still, dead money is never fun.

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Zeta0S
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November 23, 2014, 07:49:53 PM
 #1862

Are they going belly up ?

Scrypt payout has tanked like 60-70%.

It is how Scrypt payouts are in general at the moment. It is not just Genesis Mining

And compared to some others, Genesis Mining is not doing so bad, just look at my videos to see how bad it could be.

These were my payouts yesterday
Genesis Mining 1 MH/s contract            0.00008780 BTC
GAW Hashlet Waffle 1MH/s                   0.00000001 BTC
GAW Hashlet Zen 1 MH/s                      0.00000942 BTC

Well, fortunately I have only .19 BTC stuck in this mess.

Still, dead money is never fun.
Thinks can change whit new coins added to genesis.

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
IanFoxley
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November 23, 2014, 07:52:58 PM
 #1863

Day 70video
http://youtu.be/jFsK0zmaxgc

Ian

galdur
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November 23, 2014, 07:53:20 PM
 #1864

Yeah, obviously they need to do something drastic.

Meanwhile these giants with feet of clay, Genesis
ZeusHash and GAW are very easy for the competition.

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November 24, 2014, 03:16:05 PM
 #1865

Still have my account and willing to sell it.

I have 31 MH, and want to sell it at the current market value for 1 BTC.

We can use escrow, no problem at all. We can use skype if u like.

Hope to hear from you, sent me a PM!

Hi Dophoeve
How do you propose selling these 30MH/s? Are you going to give your e-mail address to someone else (they get it and change the password)? Followed by the new owner obviously choosing his/her wallet address?

I have around 140MH/s that are currently not paying much, so looking to get rid of it. There are much better options than Genesis out there at the moment. Could use your advice.
Thanks in advance.

I do not have that much attention on the account. But the procedure you explained, will be almost identical to mine. With the use of escrow, I will open the account for the buyer and he / she can check wether everything is alright. Hope its worth anything for you.. Wink

So again, 30 MH for sale, 1 BTC atm.

PM me

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November 24, 2014, 11:06:06 PM
 #1866

Day 71 comparison video
http://youtu.be/bTV9JvlevJ4

Ian Smiley

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November 25, 2014, 07:59:47 AM
 #1867

Hey Genesis Team!

I have since a couple of month a contract with you and I am very happy to see my daily incomes  Grin

Now the time is coming to reinvest my earnings and I wonder what would be the best time to reinvest? Will there be a pricedrop of your contracts in the next period of time? Will you have maybe special offers for the Black Friday?

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November 25, 2014, 08:48:48 AM
 #1868

Hey Genesis Team!

I have since a couple of month a contract with you and I am very happy to see my daily incomes  Grin

Now the time is coming to reinvest my earnings and I wonder what would be the best time to reinvest? Will there be a pricedrop of your contracts in the next period of time? Will you have maybe special offers for the Black Friday?



Wouldn't we all love to know hehe Smiley

I am not sure if you see my videos HerkulesBee, but do try if you can. I would probably get SHA 256 contracts at the moment due to higher payouts, less fees and also GM are introducing some new SHA 256 coins soon.

I think Scrypt is going downhill fast, although will be good to get some X11 mining up and running Smiley

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November 25, 2014, 10:38:52 AM
 #1869

Hey Genesis Team!

I have since a couple of month a contract with you and I am very happy to see my daily incomes  Grin

Now the time is coming to reinvest my earnings and I wonder what would be the best time to reinvest? Will there be a pricedrop of your contracts in the next period of time? Will you have maybe special offers for the Black Friday?



Wouldn't we all love to know hehe Smiley

I am not sure if you see my videos HerkulesBee, but do try if you can. I would probably get SHA 256 contracts at the moment due to higher payouts, less fees and also GM are introducing some new SHA 256 coins soon.

I think Scrypt is going downhill fast, although will be good to get some X11 mining up and running Smiley
Every time i think about X11 i see this epic video in front of me: https://www.youtube.com/watch?v=76B2bqrOUQY

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
IanFoxley
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November 25, 2014, 01:06:24 PM
 #1870

Hey Genesis Team!

I have since a couple of month a contract with you and I am very happy to see my daily incomes  Grin

Now the time is coming to reinvest my earnings and I wonder what would be the best time to reinvest? Will there be a pricedrop of your contracts in the next period of time? Will you have maybe special offers for the Black Friday?



Wouldn't we all love to know hehe Smiley

I am not sure if you see my videos HerkulesBee, but do try if you can. I would probably get SHA 256 contracts at the moment due to higher payouts, less fees and also GM are introducing some new SHA 256 coins soon.

I think Scrypt is going downhill fast, although will be good to get some X11 mining up and running Smiley
Every time i think about X11 i see this epic video in front of me: https://www.youtube.com/watch?v=76B2bqrOUQY

Haha Ralph, That video is crazy!

galdur
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November 25, 2014, 01:20:31 PM
 #1871

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

IanFoxley
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November 25, 2014, 02:37:52 PM
 #1872

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

I do not think so.

Why do you think that? It is not just GM that is suffering from lower payouts after all.

galdur
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November 25, 2014, 02:43:11 PM
 #1873

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

I do not think so.

Why do you think that? It is not just GM that is suffering from lower payouts after all.


Except for my 4MH in Genesis, my mining contracts are doing just
splendidly. The worst yields .7%/day the best just about 1%.

No suffering there.

IanFoxley
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November 25, 2014, 02:55:00 PM
 #1874

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

I do not think so.

Why do you think that? It is not just GM that is suffering from lower payouts after all.


Except for my 4MH in Genesis, my mining contracts are doing just
splendidly. The worst yields .7%/day the best just about 1%.

No suffering there.

Are they Scrypt though as SHA 256 payouts are actually better than Scrypt payouts at the moment now. So SHA 256 seems to be the way to go, in my opinion.

galdur
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November 25, 2014, 03:08:33 PM
 #1875

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

I do not think so.

Why do you think that? It is not just GM that is suffering from lower payouts after all.


Except for my 4MH in Genesis, my mining contracts are doing just
splendidly. The worst yields .7%/day the best just about 1%.

No suffering there.

Are they Scrypt though as SHA 256 payouts are actually better than Scrypt payouts at the moment now. So SHA 256 seems to be the way to go, in my opinion.

They are SHA.

But are you saying that the difficulty in scrypt increased
by 60% overnight ?

IanFoxley
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November 25, 2014, 03:27:49 PM
 #1876

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

I do not think so.

Why do you think that? It is not just GM that is suffering from lower payouts after all.


Except for my 4MH in Genesis, my mining contracts are doing just
splendidly. The worst yields .7%/day the best just about 1%.

No suffering there.

Are they Scrypt though as SHA 256 payouts are actually better than Scrypt payouts at the moment now. So SHA 256 seems to be the way to go, in my opinion.

They are SHA.

But are you saying that the difficulty in scrypt increased
by 60% overnight ?

I am not trying to say anything but you only need to look at performance of scrypt multipools in general to see that something is going on with Scrypt and don't get me started with GAW miners Sad

But SHA is doing good though.


galdur
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November 25, 2014, 03:42:34 PM
 #1877

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

I do not think so.

Why do you think that? It is not just GM that is suffering from lower payouts after all.


Except for my 4MH in Genesis, my mining contracts are doing just
splendidly. The worst yields .7%/day the best just about 1%.

No suffering there.

Are they Scrypt though as SHA 256 payouts are actually better than Scrypt payouts at the moment now. So SHA 256 seems to be the way to go, in my opinion.

They are SHA.

But are you saying that the difficulty in scrypt increased
by 60% overnight ?

I am not trying to say anything but you only need to look at performance of scrypt multipools in general to see that something is going on with Scrypt and don't get me started with GAW miners Sad

But SHA is doing good though.



Well, doing good is relative.

For example 20 GHS SHA costs like .04 at Genesis and yields what
20000 satoshi/day. That´s pretty bleak, might ROI in a year given
the difficulty increases. So, cutting that price by 50% is obvious.

BTW, now GM´s scrypt is "out of stock". Because of zero sales no doubt.


IanFoxley
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November 25, 2014, 03:46:48 PM
 #1878

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

I do not think so.

Why do you think that? It is not just GM that is suffering from lower payouts after all.


Except for my 4MH in Genesis, my mining contracts are doing just
splendidly. The worst yields .7%/day the best just about 1%.

No suffering there.

Are they Scrypt though as SHA 256 payouts are actually better than Scrypt payouts at the moment now. So SHA 256 seems to be the way to go, in my opinion.

They are SHA.

But are you saying that the difficulty in scrypt increased
by 60% overnight ?

I am not trying to say anything but you only need to look at performance of scrypt multipools in general to see that something is going on with Scrypt and don't get me started with GAW miners Sad

But SHA is doing good though.



Well, doing good is relative.

For example 20 GHS SHA costs like .04 at Genesis and yields what
20000 satoshi/day. That´s pretty bleak, might ROI in a year given
the difficulty increases. So, cutting that price by 50% is obvious.

BTW, now GM´s scrypt is "out of stock". Because of zero sales no doubt.


Just noticed that myself.

Mike18feb
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November 25, 2014, 03:52:51 PM
 #1879

Haven't seen a payout yet today so the 60% overnight tank is based on what information? And which coin as there are many that can be mined

also... the coming Bitcoin difficulty adjustment is estimated to be -1.49%, which can hardly be labeled an increase Tongue


<||=||>  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 .............
galdur
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November 25, 2014, 03:58:00 PM
 #1880

Haven't seen a payout yet today so the 60% overnight tank is based on what information? And which coin as there are many that can be mined

also... the coming Bitcoin difficulty adjustment is estimated to be -1.49%, which can hardly be labeled an increase Tongue



Well, it´s not just about two weeks.

The yield tanked a few days ago. Friday, Saturday don´t remember exactly.


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