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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 381998 times)
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IanFoxley
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January 04, 2015, 02:25:30 PM
 #2201

Well, two of the missing VIA deposits i mentioned have surfaced now and the others probably

won´t be far behind.



Notice the wildly fluctuating payouts.

This is 4 MH/s, VIA RDD 50-50.

And now that BTC has fallen down to 260 USD as I type, can you imagine what the payouts are going to be like today... I would not get too excited...and this is the reality which is out of everyones control right now.

Edit..has gone up again slightly but still going to affect the maintenance fee today.

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galdur
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January 04, 2015, 02:50:45 PM
 #2202

I hadn´t checked. 260 huh? Maybe it´ll start washing out

some of the mining bubble.

Zeta0S
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January 04, 2015, 06:40:55 PM
 #2203

I can still remember Bitcoin hit 266 om Mt.Gox

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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January 04, 2015, 07:00:31 PM
 #2204

I guess that when the general consensus of the bitcoin community

becomes that it´s dead meat - then it finally becomes a screaming buy.

Hopefully it doesn´t have to go to $100 or lower for that to take place.

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January 04, 2015, 07:28:23 PM
 #2205

I guess that when the general consensus of the bitcoin community

becomes that it´s dead meat - then it finally becomes a screaming buy.

Hopefully it doesn´t have to go to $100 or lower for that to take place.

O yes, this will happen for sure  Embarrassed

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
dead_m92
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January 05, 2015, 01:30:16 AM
 #2206

I guess that when the general consensus of the bitcoin community

becomes that it´s dead meat - then it finally becomes a screaming buy.

Hopefully it doesn´t have to go to $100 or lower for that to take place.

O yes, this will happen for sure  Embarrassed


BTC Mining Payment came in but not scrypt i think scrypt is over right now i am sorry for everyone who is invested big in scrypt but i dont see much hope for sha too.

The Price has to go up if we hit under 200$ we got a big problem.

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January 05, 2015, 01:36:01 AM
 #2207

This is downright insulting

RDD  83.56479159

VIA    0.08584689

4 MH/s

50-50

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January 05, 2015, 09:27:54 AM
 #2208

No scrypt payment since 2 days (BTC auto 100, 6.05 MH/s).

Wtf.. Is that normal ?

siampumpkin
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January 05, 2015, 09:42:54 AM
 #2209

8 MH Scrypt

Payout 1/5/15 66.85183327 DOGE

My Payout from 450 KH Mining on Simple Multi 64.33039874

How did my 450 KH Gridseed ORB match Genesis Scrypt Mining of 8 MH?  Huh  Something is amiss here!

IanFoxley
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January 05, 2015, 10:05:09 AM
 #2210

8 MH Scrypt

Payout 1/5/15 66.85183327 DOGE

My Payout from 450 KH Mining on Simple Multi 64.33039874

How did my 450 KH Gridseed ORB match Genesis Scrypt Mining of 8 MH?  Huh  Something is amiss here!

That's easy. Its your daily fee eating up your payouts, that is because BTC has fallen considerably in the last few weeks.

So yeh, your gridseed is probably doing better now because you are getting all your coins to your gridseed and not having to worry about your electricity bill until later.

If GM could do the same, your payouts would be a lot higher but you are probably paying what, 30 - 40 US cents a day fee which is at the moment...Hmmm lets see..around 0.00130000 BTC (based on BTC value being 275USD) At the time of your payout, BTC would have been even less in value as yesterday it did drop down to as low as 250 USD per BTC at one point.

So work out how many doge you can buy with that BTC amount I wrote, I would rough guess around 2000 or so doge and that will give you an idea on what the Price of BTC and your daily fee is doing to you.

So if it was not for the daily fee, you would have had around 2066 doge or so I suppose.


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January 05, 2015, 10:41:45 AM
 #2211

8 MH Scrypt

Payout 1/5/15 66.85183327 DOGE

My Payout from 450 KH Mining on Simple Multi 64.33039874

How did my 450 KH Gridseed ORB match Genesis Scrypt Mining of 8 MH?  Huh  Something is amiss here!

That's easy. Its your daily fee eating up your payouts, that is because BTC has fallen considerably in the last few weeks.

So yeh, your gridseed is probably doing better now because you are getting all your coins to your gridseed and not having to worry about your electricity bill until later.

If GM could do the same, your payouts would be a lot higher but you are probably paying what, 30 - 40 US cents a day fee which is at the moment...Hmmm lets see..around 0.00130000 BTC (based on BTC value being 275USD) At the time of your payout, BTC would have been even less in value as yesterday it did drop down to as low as 250 USD per BTC at one point.

So work out how many doge you can buy with that BTC amount I wrote, I would rough guess around 2000 or so doge and that will give you an idea on what the Price of BTC and your daily fee is doing to you.

So if it was not for the daily fee, you would have had around 2066 doge or so I suppose.



Point well made. I neglected to consider that fact. Thanks.  Tongue

IanFoxley
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January 05, 2015, 11:14:23 AM
 #2212

8 MH Scrypt

Payout 1/5/15 66.85183327 DOGE

My Payout from 450 KH Mining on Simple Multi 64.33039874

How did my 450 KH Gridseed ORB match Genesis Scrypt Mining of 8 MH?  Huh  Something is amiss here!

That's easy. Its your daily fee eating up your payouts, that is because BTC has fallen considerably in the last few weeks.

So yeh, your gridseed is probably doing better now because you are getting all your coins to your gridseed and not having to worry about your electricity bill until later.

If GM could do the same, your payouts would be a lot higher but you are probably paying what, 30 - 40 US cents a day fee which is at the moment...Hmmm lets see..around 0.00130000 BTC (based on BTC value being 275USD) At the time of your payout, BTC would have been even less in value as yesterday it did drop down to as low as 250 USD per BTC at one point.

So work out how many doge you can buy with that BTC amount I wrote, I would rough guess around 2000 or so doge and that will give you an idea on what the Price of BTC and your daily fee is doing to you.

So if it was not for the daily fee, you would have had around 2066 doge or so I suppose.



Point well made. I neglected to consider that fact. Thanks.  Tongue

No probs, but I can understand where you are coming from though...all this low BTC dropping in value and Scrypt being the way it is at the moment is just not good.
If you are not paying much electricity with your gridseed, might be just good to keep it going for a while anyway whilst the fee is just eating up so much.

galdur
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January 05, 2015, 11:26:28 AM
 #2213

If they start selling scrypt again I don´t see it as a buy

above 25 cents US per MH and that´s me being generous.

IanFoxley
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January 05, 2015, 11:28:33 AM
 #2214

If they start selling scrypt again I don´t see it as a buy

above 25 cents US per MH and that´s being generous.

I don't think they would want to at the moment, why buy a Scrypt Asic if you aren't gonna even get ROI on it yourself, let alone your customers.

I can understand why they would not want to sell it at the moment...Unless you want Scrypt to support a coin that you love or it's network, you would have to be mad to invest in Scrypt at the moment.

cryptobobangelo
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January 06, 2015, 01:52:36 AM
 #2215

I just paid for another 10th/s contract (Marco please check your inbox)
Ian I think I`ll use your affiliate code for the small discounts in the near future.
Why? because I appreciate your work (youtube and logging results on the board, you should post more vids though...) and you aren't proactively asking me to use your code like some other cheap guys here (just read my previous post in this thread to see who I am referring to).

anyways, Marco please check your PM

-cryptobobangelo


galdur
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January 06, 2015, 02:19:06 AM
 #2216

That´s what outlay of 24-25 BTC and a daily payout of .085.

Which will drop by 15% in six days it seems.

IanFoxley
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January 06, 2015, 09:12:07 AM
 #2217

I just paid for another 10th/s contract (Marco please check your inbox)
Ian I think I`ll use your affiliate code for the small discounts in the near future.
Why? because I appreciate your work (youtube and logging results on the board, you should post more vids though...) and you aren't proactively asking me to use your code like some other cheap guys here (just read my previous post in this thread to see who I am referring to).

anyways, Marco please check your PM

-cryptobobangelo




Hi Bob.
Thanks for your nice comments and your kindness with the code, I will be doing more videos soon, just been pretty busy and was away over Xmas and New year and is hard for me to access a decent computer to do videos with.
I will be updating my data etc soon as well.

But will post links.

Thanks

IanFoxley
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January 06, 2015, 09:13:52 AM
 #2218

That´s what outlay of 24-25 BTC and a daily payout of .085.

Which will drop by 15% in six days it seems.

15% now......Crikey!

galdur
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January 06, 2015, 11:11:00 AM
 #2219

That´s what outlay of 24-25 BTC and a daily payout of .085.

Which will drop by 15% in six days it seems.

15% now......Crikey!


I guess a good chunk of equipment will be momentarily taken offline

just before the next adjustment. I seem to remember something along

those lines from last year. Otherwise this will be a bloody disaster.

IanFoxley
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January 06, 2015, 12:41:06 PM
 #2220

That´s what outlay of 24-25 BTC and a daily payout of .085.

Which will drop by 15% in six days it seems.

15% now......Crikey!


I guess a good chunk of equipment will be momentarily taken offline

just before the next adjustment. I seem to remember something along

those lines from last year. Otherwise this will be a bloody disaster.


I can see Litecoin difficulty is dropping a lot, must be because of these companies that have stopped Scrypt mining, like Zeushash etc

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