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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 381340 times)
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ZorroPai
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December 29, 2014, 08:34:54 PM
 #2161

Well today i appreciate Genesis Mining even more.  Scammer Hashie finally collapse today.
A sad song on there main dashboard page

Hashie Dashboard view (in red they stopped "mining")


News-link: http://www.bitcoinupdate.nl/


Hello Zeta,

same happened today to Coins Miners and a some days ago to HP Hash Power.
Some of them claim to be under DDos attak... 

Now I am also happy with GM. :-)

Here is the most customerfriendly faucetrotator: TinaRotator.com
Buy BTC, ETH, Dash and LTC @ BitPanda.com
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siampumpkin
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December 30, 2014, 05:50:45 AM
 #2162

Well today i appreciate Genesis Mining even more.  Scammer Hashie finally collapse today.
A sad song on there main dashboard page




You can appreciate that Genesis Mining has not closed shop but the pathetic, low payouts are almost as bad. They are not a scam just a bad investment I guess.  Cry

wec
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December 31, 2014, 02:02:51 PM
 #2163

they are not even paying right now. that's how bat it is right now
galdur
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December 31, 2014, 02:42:26 PM
 #2164

One of those companies that you only do business with once.

Avoid it.

MineTheCoin
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December 31, 2014, 04:37:07 PM
 #2165

The payments are decreasing everyday, Today for scrypt contract about 200 % less. can somebody explain the reason ?

everyday I am feeling that my so called lifetime contract is going to be finished in less than a year and I only hope to reach my ROI.

The only good thing about GM is that they are considered legit. What is the difference if you are going to lose your money, ponzi or legit.
IanFoxley
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December 31, 2014, 04:46:46 PM
 #2166

they are not even paying right now. that's how bat it is right now

Evidence please??

There is something but very small but not nothing...

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December 31, 2014, 04:48:15 PM
 #2167

they are not even paying right now. that's how bat it is right now

Evidence please??

There is something but very small but not nothing...

True.

flyingplows
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January 01, 2015, 05:32:18 PM
 #2168

well, scrypt mining seems to be almost down to zero payout at all cloudmining, but for btc they should lower both the price and the fees (if they can afford it of course) or else they are so far behind from competition like AMhash that its not worth even considering to invest here.  Wink

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January 01, 2015, 05:35:54 PM
 #2169

Estimated Next Difficulty:   44,835,567,206 (+10.32%)
Adjust time:   After 1708 Blocks, About 10.8 days

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January 01, 2015, 05:46:15 PM
 #2170

My last scrypt payment has been relatively good, i just play whit the settings in scrypt, this really seems to help.
In the picture below my payouts for the last week. Two times i selected a other coins for a day instead of BTC AUTO. The last time i got a fair payout ($)4.18 in that coins if converted to dollar

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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January 01, 2015, 05:48:40 PM
 #2171

my payments on scrypt (BTC auto) with 3 MH started with 120k/day satoxi 2 months ago. Now they are at 5k satoxi.

Incredible i have to say !

I still believe in you GM ! Use the force !

1)  LTC price down by 30%:   https://bitcoinwisdom.com/markets/btce/ltcusd
2)  LTC difficulty increasing again:  https://bitcoinwisdom.com/litecoin/difficulty
3)  BTC price stays in the low $320 area

Does not look that good for scrypt at the moment, sha looks better at the moment.




LTC has been sliding since spring/summer

At one time last year it was about 1/30 btc

Now it is 1/130

Either they have no faith in the currency or they dont want people to use scrypt machines to mine to convert to btc
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January 02, 2015, 10:02:36 AM
 #2172

Estimated Next Difficulty:   44,835,567,206 (+10.32%)
Adjust time:   After 1708 Blocks, About 10.8 days


Estimated Next Difficulty:   45,118,272,832 (+11.02%)
Adjust time:   After 1593 Blocks, About 10.1 days


Seems like someone pressed an On switch somewhere...

Minimaxa
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January 02, 2015, 10:06:14 AM
 #2173

I think Genesis need to reevaluate the script coin market and provide another option either introduce other coins on BTC auto or lower their fees.

The rate we are going now roi is looking very dismal if we keep trying the same thing expecting a different result.

Looking at the coin market surely there are few more speculative coins which are more profitable.

Maybe introduce a high risk/high return auto coin option which is market determined with an algorithm constantly updating and providing changes to the most profitable coin?

Overall I think Genesis have allot going for them the website gui, professionalism, response speed are top notch although like any business things change in the market and they need to adapt and refine their strategy to be profitable for their clients.
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January 02, 2015, 10:13:25 AM
 #2174

I think Genesis need to reevaluate the script coin market and provide another option either introduce other coins on BTC auto or lower their fees.

The rate we are going now roi is looking very dismal if we keep trying the same thing expecting a different result.

Looking at the coin market surely there are few more speculative coins which are more profitable.

Maybe introduce a high risk/high return auto coin option which is market determined with an algorithm constantly updating and providing changes to the most profitable coin?

Overall I think Genesis have allot going for them the website gui, professionalism, response speed are top notch although like any business things change in the market and they need to adapt and refine their strategy to be profitable for their clients.

Sure, but unfortunately their electricity company etc or the companies that they have to purchase mining hardware from have to adapt as well then..

Problem is, there are no profitable Scrypt coins, only way to profit these days is to hope that someone releases a new Scrypt coin, which will not happen as they know that Asics and farms will just wreck it within 5 minutes and multipools etc mining the crap out of it and dumping it for BTC all the time.

Only way to profit is to look at a coin and see if anything amazing is going to happen with it, perhaps a new feature is added, mine some, keep it and just pray that when feature is added, price goes up and then what happens anyway?? People dump it ...So Crypto is just a mess at the moment.. Look at Paycoin..full of hype and promise and yet it is being dumped to hell at the moment...Aurora Coin, Maxcoin....all the same...even LTC is being slaughtered...

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January 02, 2015, 10:18:26 AM
 #2175

My last scrypt payment has been relatively good, i just play whit the settings in scrypt, this really seems to help.
In the picture below my payouts for the last week. Two times i selected a other coins for a day instead of BTC AUTO. The last time i got a fair payout ($)4.18 in that coins if converted to dollar

Yeah, I tried that but it soon turned back to shit.

samsonn25
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January 02, 2015, 10:35:06 AM
 #2176

I think Genesis need to reevaluate the script coin market and provide another option either introduce other coins on BTC auto or lower their fees.

The rate we are going now roi is looking very dismal if we keep trying the same thing expecting a different result.

Looking at the coin market surely there are few more speculative coins which are more profitable.

Maybe introduce a high risk/high return auto coin option which is market determined with an algorithm constantly updating and providing changes to the most profitable coin?

Overall I think Genesis have allot going for them the website gui, professionalism, response speed are top notch although like any business things change in the market and they need to adapt and refine their strategy to be profitable for their clients.

Sure, but unfortunately their electricity company etc or the companies that they have to purchase mining hardware from have to adapt as well then..

Problem is, there are no profitable Scrypt coins, only way to profit these days is to hope that someone releases a new Scrypt coin, which will not happen as they know that Asics and farms will just wreck it within 5 minutes and multipools etc mining the crap out of it and dumping it for BTC all the time.

Only way to profit is to look at a coin and see if anything amazing is going to happen with it, perhaps a new feature is added, mine some, keep it and just pray that when feature is added, price goes up and then what happens anyway?? People dump it ...So Crypto is just a mess at the moment.. Look at Paycoin..full of hype and promise and yet it is being dumped to hell at the moment...Aurora Coin, Maxcoin....all the same...even LTC is being slaughtered...

Very well said.
galdur
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January 02, 2015, 10:49:56 AM
 #2177

Their SHA payouts are reasonable. The price of the contracts needs to come down 50% though.

Mike18feb
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January 02, 2015, 01:23:04 PM
 #2178

I fully agree but who is going to pay for that 50%? GM is not another ponzi that can lower prices based on non-existent hardware stored in thin air that runs on magic alone.


<||=||>  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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January 02, 2015, 01:29:50 PM
 #2179

I fully agree but who is going to pay for that 50%? GM is not another ponzi that can lower prices based on non-existent hardware stored in thin air that runs on magic alone.



If they want to compete with AmHash and Hashnest for example

they need to cut the price by 50% at least.

Mike18feb
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January 02, 2015, 01:56:14 PM
 #2180

Depends. They don't all offer the exact same thing, so why should pricing be the same? Competing can be done on multiple levels. Can I mine UNO at hashnest? Can I mine UNO at home for the price GM charges? Just one example. It's not all a simple matter of pricing. Though yes, price matters heavily. GM has been following their own path, which is quite unique, since day one. I don't need another AmHash or Hashnest as those exist already. So, what's that worth to you? Such differences may make a huge difference in the not so distant future.

<||=||>  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 .............
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