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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 382043 times)
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freavida
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January 15, 2015, 05:09:44 AM
 #2301

Hi GM,

I would like to ask when will you fix the issue with delayed payout?

Thanks!
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Marco Krohn (GM)
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January 15, 2015, 01:17:46 PM
 #2302

Hi GM,

I would like to ask when will you fix the issue with delayed payout?

Thanks!

I am not aware there are problems with delayed payouts. If there is an issue please file a support ticket.

Delayed payouts can happen for three of reasons: (i) credit card payments (payouts will accumulate for a number of days in your account),  (ii) small payouts (below the dust limit, will accumulate in your account, until they are above the dust limit), (iii) no payout address registered (coins will accumulate in your account).

By the way: all transaction fees are paid by Genesis Mining, so this does not affect anyone's payouts.

Hope this helps,
  Marco
freavida
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January 15, 2015, 03:24:25 PM
 #2303

Hi GM,

I would like to ask when will you fix the issue with delayed payout?

Thanks!

I am not aware there are problems with delayed payouts. If there is an issue please file a support ticket.

Delayed payouts can happen for three of reasons: (i) credit card payments (payouts will accumulate for a number of days in your account),  (ii) small payouts (below the dust limit, will accumulate in your account, until they are above the dust limit), (iii) no payout address registered (coins will accumulate in your account).

By the way: all transaction fees are paid by Genesis Mining, so this does not affect anyone's payouts.

Hope this helps,
  Marco



Hi Marco,

Thank you for your reply. I already file a support ticket and has some email exchanges with Craig Kiltie. He said that they are discovering issues after the upgrade last week, they thought it was already resolved but they found out that payouts have not been going out properly for those with contracts that were purchased or upgraded over the last few days.

I purchased a contract last January 12, 2015. I just want to know when will be the target date of restoration. As a newbie I am a bit anxious though your customer service answer every e-mail/questions that I have. I plan to purchase additional hash power on my current plan if the result is good.
Morenod
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January 15, 2015, 03:29:22 PM
 #2304

holy cow with the payout

its very low right now
alienesb
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January 15, 2015, 04:09:36 PM
 #2305

holy cow with the payout

its very low right now

I haven't seen a scrypt payout since the 12th.
Marco Krohn (GM)
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January 15, 2015, 04:11:01 PM
 #2306

Thank you for your reply. I already file a support ticket and has some email exchanges with Craig Kiltie. He said that they are discovering issues after the upgrade last week, they thought it was already resolved but they found out that payouts have not been going out properly for those with contracts that were purchased or upgraded over the last few days.

I purchased a contract last January 12, 2015. I just want to know when will be the target date of restoration. As a newbie I am a bit anxious though your customer service answer every e-mail/questions that I have. I plan to purchase additional hash power on my current plan if the result is good.

I just talked with our backend IT guys. It seem I was not 100% right: there are a few cases where there was a problem with the payout (about 10 accounts). Please send me your ticket number as PM and I will double-check with our IT team.

Sorry for the inconvenience.

Best regards,
  Marco
IanFoxley
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January 15, 2015, 05:03:55 PM
 #2307

holy cow with the payout

its very low right now

I haven't seen a scrypt payout since the 12th.

Not even 0.00000 payouts which when you move the mouse over the i next to those payouts, are actually minimal ones they could not send?


alienesb
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January 15, 2015, 06:31:04 PM
 #2308

holy cow with the payout

its very low right now

I haven't seen a scrypt payout since the 12th.

Not even 0.00000 payouts which when you move the mouse over the i next to those payouts, are actually minimal ones they could not send?



Nada
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January 15, 2015, 08:27:32 PM
 #2309

In the beginning of 2015 ive had some single days without payout, but now there are two consecutive days @ 20mh scrypt... looks bad
another small contract didnt payout for over 10 days now...

the oldest contract without fees is paying out around 0,00025, dropping down very slowly, but im sure itll keep on going for a while.

the end seems to be near


My Genesis Mining promo Code is unavailable Wink
flyingplows
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January 15, 2015, 10:08:20 PM
 #2310

when is project X? is it abandoned? i like GM but their price and fees are insanely huge at the moment, maybe project X will be worth to invest a few $... cause, u know, after the collapse of hashprofit, there should be a significant drop in x11 difficulty shouldn't it, lol  Cheesy NOT  Cheesy

Endersgamer
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January 16, 2015, 02:31:07 AM
 #2311

Ghs still got a tiny payout

but Mhs payout is DEAD

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tylerderden
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January 16, 2015, 02:54:39 AM
 #2312

yeah this is fubar
IanFoxley
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January 16, 2015, 05:40:48 PM
 #2313

Just thought I would post this here as even though it not directly GM, it does show you that GM is trying as the payouts with SHA 256 compared to other cloud mining companies is not so bad..

For example My SHA 256 payout with GM yesterday for 10GH/s    
0.00006408 BTC

GAW miners SHA 256 Hashlet Genesis  payout yesterday for 15 GH/s
0.00003024 BTC

GAW miners SHA 256 Hashlet Genesis payout for today for 15 GH/s  
0.00002352

Genesis Mining SHA 256 10GH/s payout for today.
0.00006194

and then I get this when I log into Zeushash.´So not only have they froze Scrypt, they are about to freeze SHA 256 as well...

Dear ZeusHash customers,

As Bitcoin price witnessed significant and continuous dropping lately, the daily payouts of GHS will not be able to cover maintenance fees (now at $0.0023 per GHS per day) very soon. As you can see the payouts today have already been eaten up by 98%+ of maintenance fees.

According to our Terms, “in case the daily mining return is lower than the maintenance fee for at least 10 days in a row”, we’ll have to cease the operation of our mining farms and freeze all GHS contracts, which is a forced measure when there’s no mining profitability.

We’d like to warn you not to purchase more GHS as it’s not the best time for investment. And we are working on different plans for your profits when the conditions for freezing GHS contracts are met. The final solution will be released then.

As a dedicated cloud mining platform, ZeusHash will continue its efforts to seek for better solutions to deliver more cost-efficient cloud mining contracts. Negotiations with our partners are going on smoothly and it won’t be long before the new contracts are available.

siampumpkin
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January 17, 2015, 03:12:27 AM
 #2314

I haven't got anything in days from my 8 MH. It is only a matter of time before Genesis pulls the plug on this scam. It is obvious they are not mining anything as I can earn more with a gridseed orb than my 8 MH earns.  Angry

Rizla2345
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January 17, 2015, 11:00:22 AM
 #2315

Meanwhile at a scamsters convention down in Florida. Sleazy or what ?

IanFoxley
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January 17, 2015, 11:10:36 AM
 #2316

So, are you saying that all those people in the above picture are scamsters?? Hope they don't find out, you would have a lot of people sueing you for libel...

Perhaps GM might start accepting Paycoin for hashpower purchases.

Would cause a stir. Can you imagine??

GM accepting Paycoins for hashpower and yet GAW miners doesn't accept any purchases with their own coin..

Food for thought!

Is it cold in Miami btw..Marco, why are you wearing a jumper?? lol

IanFoxley
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January 17, 2015, 11:19:55 AM
 #2317

I haven't got anything in days from my 8 MH. It is only a matter of time before Genesis pulls the plug on this scam. It is obvious they are not mining anything as I can earn more with a gridseed orb than my 8 MH earns.  Angry

I explained to you already..go and see what 35 US Cents is in BTC right now. 35 Cents being close to what your daily fee is to pay for electricity and maintenance.... BTC being about 200 USD at the moment, was 280 USD a week ago.

173680 is what the daily fee takes out of your payout now due to the lower value of BTC.. Think of what coins you could buy for that.

My 1 year Scrypt contracts pay me 0.5 LTC a day with 22 or so MH/s  as there were no fees..

The rest of my Scrypt hashpower gives me a small amount of LTC, so small that is displays as 0.00000000...180 + MH/s!! ...why...because that has daily fees. Do you see me moaning about it.. No, because I understand it. If BTC was 400 USD ór 500 USD then nobody would be blaming or moaning or whatever..

If GM had kept the daily fee at 0.08 USD per MH/s like other companies do, then you would be in the ..20 days in a row of zero payouts before your contract is terminated situation right now. Be thankful for that.

Zeushash stopped paying out with their Scrypt contracts in December, GAW miners have been paying 1 satoshi to miners for weeks and weeks, if they did not decide to convert to stakers.
My LTCgear shares...hmm well maybe I might get paid for those one day.who knows...

Genesis-Mining
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January 17, 2015, 02:15:49 PM
 #2318

Hey All,

I want to distantiate myself from any wrong implications based on the above foto. Genesis Mining is not involved in any sense with Gawminers and their business.

MS

Rizla2345
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January 17, 2015, 02:30:12 PM
 #2319

Hey All,

I want to distantiate myself from any wrong implications based on the above foto. Genesis Mining is not involved in any sense with Gawminers and their business.

MS

That happy scamsters image will be around. The internet never forgets.
Zeta0S
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January 17, 2015, 07:15:13 PM
 #2320

Hey All,

I want to distantiate myself from any wrong implications based on the above foto. Genesis Mining is not involved in any sense with Gawminers and their business.

MS

That happy scamsters image will be around. The internet never forgets.

It`s not nice to say. GM always honored the contract. This is not Hashie.

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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