Bitcoin Forum
August 14, 2018, 10:02:33 AM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 [100] 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 ... 250 »
  Print  
Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 384096 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
corygto
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
December 08, 2014, 11:41:25 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.


True, but I'm not mining LTC. I'm mining profitability coins to be traded for BTC.
1534240953
Hero Member
*
Offline Offline

Posts: 1534240953

View Profile Personal Message (Offline)

Ignore
1534240953
Reply with quote  #2

1534240953
Report to moderator
1534240953
Hero Member
*
Offline Offline

Posts: 1534240953

View Profile Personal Message (Offline)

Ignore
1534240953
Reply with quote  #2

1534240953
Report to moderator
BOUNTY PORTALS
BLOG
WHERE BOUNTY MANAGEMENT
MEETS AUTOMATION
SIGNATURE CAMPAIGNS
TWITTER
FACEBOOK
MEDIA CAMPAIGNS
AND MORE!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1534240953
Hero Member
*
Offline Offline

Posts: 1534240953

View Profile Personal Message (Offline)

Ignore
1534240953
Reply with quote  #2

1534240953
Report to moderator
1534240953
Hero Member
*
Offline Offline

Posts: 1534240953

View Profile Personal Message (Offline)

Ignore
1534240953
Reply with quote  #2

1534240953
Report to moderator
galdur
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500



View Profile
December 08, 2014, 11:49:27 PM
 #1982

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


Payout for Dec 7 just arrived.

yvv
Legendary
*
Offline Offline

Activity: 1344
Merit: 1000

.


View Profile WWW
December 09, 2014, 12:03:05 AM
 #1983

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.

.
tylerderden
Copper Member
Legendary
*
Offline Offline

Activity: 1148
Merit: 1025


View Profile
December 09, 2014, 06:38:29 PM
 #1984

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!!
alienesb
Hero Member
*****
Offline Offline

Activity: 854
Merit: 1000



View Profile
December 09, 2014, 06:40:24 PM
 #1985

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.
IanFoxley
Legendary
*
Offline Offline

Activity: 910
Merit: 1000


View Profile
December 09, 2014, 07:00:40 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!!

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.

Genesis-Mining
Sr. Member
****
Offline Offline

Activity: 430
Merit: 250


View Profile WWW
December 09, 2014, 07:20:55 PM
 #1987

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!



Zeta0S
Legendary
*
Offline Offline

Activity: 1526
Merit: 1001


View Profile
December 09, 2014, 07:31:22 PM
 #1988

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
Jr. Member
*
Offline Offline

Activity: 33
Merit: 0


View Profile
December 09, 2014, 08:39:20 PM
 #1989

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
Wintermute
Full Member
***
Offline Offline

Activity: 177
Merit: 100


View Profile
December 09, 2014, 09:14:59 PM
 #1990

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!

galdur
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500



View Profile
December 09, 2014, 09:29:48 PM
 #1991

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.

Icon
Hero Member
*****
Offline Offline

Activity: 783
Merit: 500



View Profile
December 10, 2014, 06:24:40 AM
 #1992


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
Legendary
*
Offline Offline

Activity: 910
Merit: 1000


View Profile
December 10, 2014, 08:17:31 AM
 #1993


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.

TXTCLA55
Jr. Member
*
Offline Offline

Activity: 31
Merit: 0

Ces't la vie baby.


View Profile
December 10, 2014, 08:51:34 PM
 #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


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.

Sincera
-TXT
Serlite
Full Member
***
Offline Offline

Activity: 172
Merit: 100


View Profile
December 10, 2014, 08:53:28 PM
 #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.

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

tylerderden
Copper Member
Legendary
*
Offline Offline

Activity: 1148
Merit: 1025


View Profile
December 11, 2014, 06:21:38 AM
 #1996

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.
nanard
Member
**
Offline Offline

Activity: 80
Merit: 10


View Profile
December 11, 2014, 09:26:26 AM
 #1997

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.
alienesb
Hero Member
*****
Offline Offline

Activity: 854
Merit: 1000



View Profile
December 11, 2014, 02:18:48 PM
 #1998

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.
Marco Krohn (GM)
Jr. Member
*
Offline Offline

Activity: 49
Merit: 0


View Profile
December 11, 2014, 02:44:35 PM
 #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.

We like the idea, though there are a few things that need to be considered:

1) we want to keep a simple user interface and not confuse other miners; this can be solved for sure, but needs to be done carefully
2) the hashrate can only be sent on an average basis. For example, if a user wants to point 1 MH/s to a pool and our smallest miner is 24 MH/s then we would have to point 24 MH/s to this pool for one hour. This is not ideal.
3) if the pool is crappy, or there are some technical problems we would see high reject rates and unhappy faces.

Probably we would require that mining on your own pool happens at least for 24 hours. Furthermore, we would probably require that the maintenance fee is paid from the user balance. In turn the hashrate would be fully used for mining coins.

Technically, it can be done for sure in a reasonable time frame. This would be an advanced feature which only experienced users should use.

Please let me know if you have any comments.
tylerderden
Copper Member
Legendary
*
Offline Offline

Activity: 1148
Merit: 1025


View Profile
December 11, 2014, 04:24:01 PM
 #2000

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.

We like the idea, though there are a few things that need to be considered:

1) we want to keep a simple user interface and not confuse other miners; this can be solved for sure, but needs to be done carefully
2) the hashrate can only be sent on an average basis. For example, if a user wants to point 1 MH/s to a pool and our smallest miner is 24 MH/s then we would have to point 24 MH/s to this pool for one hour. This is not ideal.
3) if the pool is crappy, or there are some technical problems we would see high reject rates and unhappy faces.

Probably we would require that mining on your own pool happens at least for 24 hours. Furthermore, we would probably require that the maintenance fee is paid from the user balance. In turn the hashrate would be fully used for mining coins.

Technically, it can be done for sure in a reasonable time frame. This would be an advanced feature which only experienced users should use.

Please let me know if you have any comments.


Hey Marco, yeah i totally get all of the complications involved. Maybe (at first anyway) have it only available on approved pools or something. I know alot of pool owners would do whatever they need to do in order to make sure their pools comply with your system just because they know they can get some decent fees with the amount of hashpower involved. You could maybe make it so the user has to have 24 mhs (or whatever size the actual miner is) almost like gaws hosted miners, in order to be able to take control of it and point it where you want. You would also have to think about the ramifications of pointing a ton of hash at lower difficulty coins as well. However this is the one feature that pretty much everyone that I know is wanting REALLY bad. I would imagine if you guys could pull it off it would be a huge milestone for cloud mining. Your fees are a tough one to find a workable solution for. You would almost need a wallet that people mine to as kind of a middle man so you can extract your fees before they can withdraw or something. You guys are smart so I will leave that for you to figure out LOL! If you can make it happen it would really be the thing that blows all of the competition away.

If you guys do decide to try and do this and you need to bounce ideas off of someone, Wuher (from ipominer, partners with multipool.us) is a really smart dude that might be able to help you solve some of the technical aspects. Anyhow, good luck. There are alot of us waiting on a cloud service to implement this, it would be really cool if it was you guys that can make it happen.
Pages: « 1 ... 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 [100] 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 ... 250 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!