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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 381348 times)
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Zeta0S
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December 08, 2014, 11:07:45 PM
 #1981

Too bad there's not a way to trade in your scrypt hash power for sha power :/

These scrypt payouts are really suffering at the moment.

Well LTC difficulty just keeps climbing so I do not think we have seen the end of this just yet.


Bitcoin however is doing well, Estimated Next Difficulty: 39,445,705,388 (-1.40%)

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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yvv
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December 08, 2014, 11:34:28 PM
 #1982

No payouts second day, neither sha nor scrypt. Last payout December 6. Is it just me?

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corygto
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December 08, 2014, 11:41:25 PM
 #1983

Too bad there's not a way to trade in your scrypt hash power for sha power :/

These scrypt payouts are really suffering at the moment.

Well LTC difficulty just keeps climbing so I do not think we have seen the end of this just yet.


True, but I'm not mining LTC. I'm mining profitability coins to be traded for BTC.
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December 08, 2014, 11:49:27 PM
 #1984

No payouts second day, neither sha nor scrypt. Last payout December 6. Is it just me?


Payout for Dec 7 just arrived.

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December 09, 2014, 12:03:05 AM
 #1985

No payouts second day, neither sha nor scrypt. Last payout December 6. Is it just me?


Payout for Dec 7 just arrived.

Yes, I see. My wallet shows me some payments yesterday too, but I am not sure where they come from.

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tylerderden
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December 09, 2014, 06:38:29 PM
 #1986

Too bad there's not a way to trade in your scrypt hash power for sha power :/

These scrypt payouts are really suffering at the moment.

Well LTC difficulty just keeps climbing so I do not think we have seen the end of this just yet.


True, but I'm not mining LTC. I'm mining profitability coins to be traded for BTC.

i dont get genesis mining at all. at home 20 mhs on a multipool 1 get .0044984. here i get like 1/4 of that...for 17 dollars per megahash LOL!!
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December 09, 2014, 06:40:24 PM
 #1987

Too bad there's not a way to trade in your scrypt hash power for sha power :/

These scrypt payouts are really suffering at the moment.

Well LTC difficulty just keeps climbing so I do not think we have seen the end of this just yet.


True, but I'm not mining LTC. I'm mining profitability coins to be traded for BTC.

i dont get genesis mining at all. at home 20 mhs on a multipool 1 get .0044984. here i get like 1/4 of that...for 17 dollars per megahash LOL!!

Yeah the cost is just too much for the returns right now. They teased the X11 but there's nothing to show yet or maybe ever because they've been silent about it.
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December 09, 2014, 07:00:40 PM
 #1988

Too bad there's not a way to trade in your scrypt hash power for sha power :/

These scrypt payouts are really suffering at the moment.

Well LTC difficulty just keeps climbing so I do not think we have seen the end of this just yet.


True, but I'm not mining LTC. I'm mining profitability coins to be traded for BTC.

i dont get genesis mining at all. at home 20 mhs on a multipool 1 get .0044984. here i get like 1/4 of that...for 17 dollars per megahash LOL!!

Once you take your electricity in to account though, what would it be then? I know you have the advantage of keeping the coins you mine and being able to pay for your electricity in FIAT though, but what are your costs per month for your home mining rigs? And if you could pay with your payouts, how much would you have left?

Just a genuine question. I had to turn off my mining rigs as the electricity was so high which is why I tend to do cloud mining etc.

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December 09, 2014, 07:20:55 PM
 #1989

We would like to tell you some good news here at Genesis Mining.

Three weeks ago we were running out of Scrypt miners and had to stop selling Scrypt hashpower. We are now happy that Scrypt is back in town!

The amount will be limited for now, but more miners are on their way to our facilities. We use the latest available technology and are therefore able to offer lower prices than ever before:

They now start at 19.98 USD for 2 MH/s

Pricing are as follows

Gold 2 MH/s  USD 19.98
$9.99 per MH/s

Platinum 20 MH/s USD 195
$9.75 per MH/s

Diamond 100 MH/s USD 949
$9.49 per MH/s

Our daily maintenance fee for these new Scrypt contracts are 0.04 USD per MH/s.

As some of you have noticed, we have recently introduced WorldCoin as a choice for our Scrypt miners as well.

Happy Mining everyone!



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December 09, 2014, 07:31:22 PM
 #1990

We would like to tell you some good news here at Genesis Mining.

Today, Scrypt contracts are back, but only for a limited time.

We have also changed our pricing for our Scrypt contracts.

They now start at 19.98 USD for 2 MH/s, from 17.99 USD per MH/s.

Fees are unchanged at 0.05 USD per MH/s.

As some of you have noticed, we have recently introduced WorldCoin as a choice for our Scrypt miners as well.

Happy Mining everyone!

Wow, nice price discount on Scrypt. Do not forget Voucher code: MOON   Wink
WorldCoin is doing good today  Smiley




Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
crawler
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December 09, 2014, 08:39:20 PM
 #1991

Its the 3rd time on genesis i can see dropping payouts and prices for scrypt hashrate Wink

the 1st mh i bought for about 128€!
payouts dropped fast, followed by dropping hashrate prices. cause for my first try there was no break even in sight, i reinvested the collected btc and some og my money to buy more then 20mh (the newer lifetime fee contracts)

and now ?

wonder wonder, payouts dropping again (and dont stop!)... hashrate becomes a little cheaper and  - speculations - the same sh** starts agein  Embarrassed

My Genesis Mining promo Code is unavailable Wink
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December 09, 2014, 09:14:59 PM
 #1992

The difficulty increase in scrypt surprised me as well. In the beginning I lost some money with GPU mining. The good thing is that the technology evolution is not that fast anymore, but it is still very risky. At least LTC/USD prices are more stable now.

Sha difficulty has not changed a lot since beginning of November - this is quite remarkable.

Only time will tell!

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December 09, 2014, 09:29:48 PM
 #1993

Their SHA payout dropped now, but still reasonable.

But the contract price needs to go down by 50%

to be attractive.

Scrypt, also still way overpriced in spite of the cut.

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Seems I deinvested all my btc :(


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December 10, 2014, 06:24:40 AM
 #1994


Our daily maintenance fee for these new Scrypt contracts are 0.04 USD per MH/s.


Question does this new lower maintenance fee also apply to your older contracts as well or just new contracts?

Icon
IanFoxley
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December 10, 2014, 08:17:31 AM
 #1995


Our daily maintenance fee for these new Scrypt contracts are 0.04 USD per MH/s.


Question does this new lower maintenance fee also apply to your older contracts as well or just new contracts?

Icon


From the way it was written, I think it is for the new contracts only, perhaps because they are newer Asics which are more power efficient and got better capacity so those lower fees and lower prices can be passed along to those people that will be purchasing hashpower from them.

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Ces't la vie baby.


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December 10, 2014, 08:51:34 PM
 #1996


Our daily maintenance fee for these new Scrypt contracts are 0.04 USD per MH/s.


Question does this new lower maintenance fee also apply to your older contracts as well or just new contracts?

Icon


From the way it was written, I think it is for the new contracts only, perhaps because they are newer Asics which are more power efficient and got better capacity so those lower fees and lower prices can be passed along to those people that will be purchasing hashpower from them.

Hrm. Thats unfortunate. I really wish we had the option to sell old contracts and buy up new ones. That'd give me some hope of breaking even faster.

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December 10, 2014, 08:53:28 PM
 #1997


Our daily maintenance fee for these new Scrypt contracts are 0.04 USD per MH/s.


Question does this new lower maintenance fee also apply to your older contracts as well or just new contracts?

Icon


From the way it was written, I think it is for the new contracts only, perhaps because they are newer Asics which are more power efficient and got better capacity so those lower fees and lower prices can be passed along to those people that will be purchasing hashpower from them.

Hrm. Thats unfortunate. I really wish we had the option to sell old contracts and buy up new ones. That'd give me some hope of breaking even faster.

Haha, that'd give me hope of breaking even at all. XP

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December 11, 2014, 06:21:38 AM
 #1998

X11 isnt profitable at all right now so thats probly why we havent heard anything from genesis about it. I really wish they would just let us mine at our own pools with our hash. I would buy more and not even bitch about the payouts if they would do that, the first cloud company to make that happen will make alot of money.
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December 11, 2014, 09:26:26 AM
 #1999

X11 isnt profitable at all right now so thats probly why we havent heard anything from genesis about it. I really wish they would just let us mine at our own pools with our hash. I would buy more and not even bitch about the payouts if they would do that, the first cloud company to make that happen will make alot of money.

Agree. Killer feature.
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December 11, 2014, 02:18:48 PM
 #2000

X11 isnt profitable at all right now so thats probly why we havent heard anything from genesis about it.

I lol because nothing's profitable at Genesis right now.
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