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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 384095 times)
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IanFoxley
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January 18, 2015, 08:13:33 PM
 #2341

They made fees higher for life contract?  

The first one I posted was when they didn't include fees but the cost per MH/s was a lot higher.

The second one is the lifetime contract started some time in August, Septmber, which have a daily fee.

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samsonn25
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January 18, 2015, 08:16:18 PM
 #2342

They made fees higher for life contract? 

The first one I posted was when they didn't include fees.

The second one is the lifetime contract which have a daily fee.

Thats FUP

Would be better off buying litecoin and losing 97%

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January 18, 2015, 08:22:20 PM
 #2343

But still better for example than mining Scrypt on Multipool

 The 1 MH/s 1 year contract payout had a better payout than mining on Clevermining for example

http://clevermining.com/profits/24-hours

0.000152  BTC/day per MH/

So when you look at it in that perspective ..:Genesis Minings Auto Trading function does seem to work as expected. Just that Scrypt is so bad in general etc.

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January 18, 2015, 08:34:32 PM
 #2344

Jus saw new prices:

Gold
    50 GH/s
    Lifetime Bitcoin contract
    USD 24.49($0.49 per GH/s)

Platinum
    1,000 GH/s
    Lifetime Bitcoin contract
    USD 469($0.47 per GH/s)

Diamond
    15,000 GH/s
    Lifetime Bitcoin contract
    USD 6,750

Let´s see. There are now 5000 satoshi to one cent US and the current payout is 600 satoshi per GH/s.

Outlay 49 cents, daily payout one eighth of one cent, doesn´t look like a very hot deal - for the buyer at least.

Wonder if they´ll have this post deleted like the others where I warned about this crap.
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January 19, 2015, 08:12:27 AM
 #2345

...
Wonder if they´ll have this post deleted like the others where I warned about this crap.


Meh, in your other messages you called everyone attending a Bitcoin conference scam artists or something similar. Which means you killed a Bitcoin.

<||=||>  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 .............
IanFoxley
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January 19, 2015, 10:13:41 AM
 #2346

Day 126 comparison video

http://youtu.be/4R1_dzMqMEo

Thread on Bitcointalk
https://bitcointalk.org/index.php?topic=768931.msg10203950#msg10203950

Ian

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January 19, 2015, 01:35:14 PM
 #2347

I purchased a contract today at the new prices and the lower fees that they have.
They must have new hardware for these new contracts, so can pass on those savings to those customers.

Anyway I will post my payouts in a day or so as the first payout tomorrow will only be a partial payout anyway.

I will get a 50GH/s payout, but to compare it to 10GH/s  I will divide the payout by 5 to make 10GH/s, then will compare it with the others.

Ian

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January 19, 2015, 01:44:12 PM
 #2348

I purchased a contract today at the new prices and the lower fees that they have.
They must have new hardware for these new contracts, so can pass on those savings to those customers.

Anyway I will post my payouts in a day or so as the first payout tomorrow will only be a partial payout anyway.

I will get a 50GH/s payout, but to compare it to 10GH/s  I will divide the payout by 5 to make 10GH/s, then will compare it with the others.

Ian

Best of luck with that. After watching their overpriced scrypt (fortunately I gave them only .189 BTC) soon turn into horse shit I will never ever do business with this company and certainly not recommend it to anyone.

4 GH/s divided mines

0.03447330 DOGE
0.20997374 RDD
0.00000399 LTC (which isn´t even paid out)

Really ? Really ?

IanFoxley
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January 19, 2015, 02:40:05 PM
 #2349

I purchased a contract today at the new prices and the lower fees that they have.
They must have new hardware for these new contracts, so can pass on those savings to those customers.

Anyway I will post my payouts in a day or so as the first payout tomorrow will only be a partial payout anyway.

I will get a 50GH/s payout, but to compare it to 10GH/s  I will divide the payout by 5 to make 10GH/s, then will compare it with the others.

Ian

Best of luck with that. After watching their overpriced scrypt (fortunately I gave them only .189 BTC) soon turn into horse shit I will never ever do business with this company and certainly not recommend it to anyone.

4 GH/s divided mines

0.03447330 DOGE
0.20997374 RDD
0.00000399 LTC (which isn´t even paid out)

Really ? Really ?


You probably mean 4 MH/s as I think with 4GH/s you would have got more ..

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January 19, 2015, 02:41:28 PM
 #2350

Yeah, 4 MH/s.

IanFoxley
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January 19, 2015, 02:43:31 PM
 #2351

Yeah, 4 MH/s.

Yeh with 4GH/s you would had about 0.00002476 so you could at least get a whole doge and more and a whole RDD and more with that and a bit more LTC..

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January 19, 2015, 03:11:40 PM
 #2352

And now people are supposed to buy their way overpriced SHA. Where´s the guy who was bragging here a few days ago about throwing thousands of dollars into the sinkhole. He should report back on outlay vs. daily payout.

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January 19, 2015, 03:42:31 PM
 #2353

4 MHs doesn't get you anything of value anywhere. But fine, nobody is forcing anybody to buy hashrate. And if you want to gamble (and you do, otherwise you would never have gotten involved in anything as risky as crypto currency anyway) then buy some Bitcoin now and wait with investing until value has gone up to $300 or more. Might be a damn long wait, but who knows Cheesy

<||=||>  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 .............
Deadstock
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January 19, 2015, 05:22:34 PM
 #2354

4 MHs doesn't get you anything of value anywhere. But fine, nobody is forcing anybody to buy hashrate. And if you want to gamble (and you do, otherwise you would never have gotten involved in anything as risky as crypto currency anyway) then buy some Bitcoin now and wait with investing until value has gone up to $300 or more. Might be a damn long wait, but who knows Cheesy
Heck,I have 10MH/s and my BTC payouts been ZERO since January 11th...it says stored in coin balance but theres nowhere to find that either lol
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January 19, 2015, 11:17:12 PM
 #2355

4 MHs doesn't get you anything of value anywhere. But fine, nobody is forcing anybody to buy hashrate. And if you want to gamble (and you do, otherwise you would never have gotten involved in anything as risky as crypto currency anyway) then buy some Bitcoin now and wait with investing until value has gone up to $300 or more. Might be a damn long wait, but who knows Cheesy
Heck,I have 10MH/s and my BTC payouts been ZERO since January 11th...it says stored in coin balance but theres nowhere to find that either lol

140 MH/s yields less then payout threshold too
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January 19, 2015, 11:23:00 PM
 #2356

4 MHs doesn't get you anything of value anywhere. But fine, nobody is forcing anybody to buy hashrate. And if you want to gamble (and you do, otherwise you would never have gotten involved in anything as risky as crypto currency anyway) then buy some Bitcoin now and wait with investing until value has gone up to $300 or more. Might be a damn long wait, but who knows Cheesy
Heck,I have 10MH/s and my BTC payouts been ZERO since January 11th...it says stored in coin balance but theres nowhere to find that either lol

140 MH/s yields less then payout threshold too




LTC: The 140MH is equivalent to 350 Radeon 7950 (400KH) last year at $400 each.  Holy Crap!  

BTC mining  is (400MH) per each Radeon 7950 card
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January 19, 2015, 11:24:35 PM
 #2357

4 MHs doesn't get you anything of value anywhere. But fine, nobody is forcing anybody to buy hashrate. And if you want to gamble (and you do, otherwise you would never have gotten involved in anything as risky as crypto currency anyway) then buy some Bitcoin now and wait with investing until value has gone up to $300 or more. Might be a damn long wait, but who knows Cheesy
Heck,I have 10MH/s and my BTC payouts been ZERO since January 11th...it says stored in coin balance but theres nowhere to find that either lol

140 MH/s yields less then payout threshold too

That sounds like some serious loss.

Well, I doubt that people are standing in line now to buy their way overpriced SHA.

Wintermute
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January 19, 2015, 11:51:59 PM
 #2358

I purchased a contract today at the new prices and the lower fees that they have.
They must have new hardware for these new contracts, so can pass on those savings to those customers.

Anyway I will post my payouts in a day or so as the first payout tomorrow will only be a partial payout anyway.

I will get a 50GH/s payout, but to compare it to 10GH/s  I will divide the payout by 5 to make 10GH/s, then will compare it with the others.

Ian

Best of luck with that. After watching their overpriced scrypt (fortunately I gave them only .189 BTC) soon turn into horse shit I will never ever do business with this company and certainly not recommend it to anyone.

4 GH/s divided mines

0.03447330 DOGE
0.20997374 RDD
0.00000399 LTC (which isn´t even paid out)

Really ? Really ?


It is funny to see the same people that wrote "Their scrypt is good." now come back and scream "scam".

https://bitcointalk.org/index.php?topic=768931.msg9476459#msg9476459

Take responsibility for your investment decision! You knew before that it was risky. If you do not understand what you are doing, better do not get involved in mining.

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January 20, 2015, 06:15:38 AM
 #2359

Galdur - Your post was deleted due to unnecessary language.

julian071
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January 20, 2015, 10:45:52 AM
 #2360

I purchased a contract today at the new prices and the lower fees that they have.
They must have new hardware for these new contracts, so can pass on those savings to those customers.

Anyway I will post my payouts in a day or so as the first payout tomorrow will only be a partial payout anyway.

I will get a 50GH/s payout, but to compare it to 10GH/s  I will divide the payout by 5 to make 10GH/s, then will compare it with the others.

Ian

Best of luck with that. After watching their overpriced scrypt (fortunately I gave them only .189 BTC) soon turn into horse shit I will never ever do business with this company and certainly not recommend it to anyone.

4 GH/s divided mines

0.03447330 DOGE
0.20997374 RDD
0.00000399 LTC (which isn´t even paid out)

Really ? Really ?


It is funny to see the same people that wrote "Their scrypt is good." now come back and scream "scam".

https://bitcointalk.org/index.php?topic=768931.msg9476459#msg9476459

Take responsibility for your investment decision! You knew before that it was risky. If you do not understand what you are doing, better do not get involved in mining.


+1. Enough with the whining.

I have 156 MH. It's 'learning money that I paid' now, as we say in Holland. I did not invest more then I could afford to lose and that's that.

Ian, how are the new maintenance fees structured exactly?

=P
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