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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 381752 times)
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NeoX
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March 27, 2015, 03:57:26 PM
 #2681

Hi everyone,

I'm a new miner, and i actually try genesis, but there is something that i don't understand. My mining allocation is 100% on BTCD (50GH/s) and i only receive 0.08$ in 48h (start : 25 March). But i expected to earn more with BTCD, with my calculation i should earn approximatively 1$/day. Am i wong ? Maybe i use bad informations or i don't understand how genesis mining work exactly. Someone could explain me my mistake please ?

Thanks  Smiley and sorry i'm french and my english is not perfect.

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galdur
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March 27, 2015, 04:23:36 PM
 #2682

Hi everyone,

I'm a new miner, and i actually try genesis, but there is something that i don't understand. My mining allocation is 100% on BTCD (50GH/s) and i only receive 0.08$ in 48h (start : 25 March). But i expected to earn more with BTCD, with my calculation i should earn approximatively 1$/day. Am i wong ? Maybe i use bad informations or i don't understand how genesis mining work exactly. Someone could explain me my mistake please ?

Thanks  Smiley and sorry i'm french and my english is not perfect.



The current payout is about 440 satoshi/GHS/day if you mine bitcoin so maybe eight cents is about right. Don´t know BTCD mining though.

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March 27, 2015, 05:14:29 PM
 #2683

Thanks, but as i said i have 100% of my hashrate on BitcoinDark which is supposed to be more easy to mine. I used these data : Difficulty : 15'280'736.74 - 80.00 BTCD/block - $0.9677342943/BTCD, don't know if they're just. But it's a huge difference...
Sure i could understand if i mine BTC (even if i suppose to earn 0.13$/day and not in 2 days) but it's not and it's the point i don't understand...
Thanks again.
galdur
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March 27, 2015, 05:30:18 PM
 #2684

Boom! Upgraded...any real miners out there or am I all alone?



Any updates ? I guess you´re still adding hash. You must be elated about this wonderful investment. Please keep in touch. Good luck, g

IanFoxley
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March 27, 2015, 05:32:26 PM
 #2685

Thanks, but as i said i have 100% of my hashrate on BitcoinDark which is supposed to be more easy to mine. I used these data : Difficulty : 15'280'736.74 - 80.00 BTCD/block - $0.9677342943/BTCD, don't know if they're just. But it's a huge difference...
Sure i could understand if i mine BTC (even if i suppose to earn 0.13$/day and not in 2 days) but it's not and it's the point i don't understand...
Thanks again.

You can not mine Bitcoindark directly anymore as the POW stage finished ages ago, so you are probably having your Bitcoin payout converted to Bitcoindark. That is why it has (AUTO) written next to it.


I have 50 GH/s with Genesis Mining and my payout today was 0.00021345, which is 5 US Cents at the current BTC/USD exchange rate. If you go to a trading site and enter in the amount I have just posted, that should give you an idea on how much BitcoinDark you will get each day with 50GH/s.

Ian

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March 27, 2015, 05:42:03 PM
 #2686

Hi everyone,

I'm a new miner, and i actually try genesis, but there is something that i don't understand. My mining allocation is 100% on BTCD (50GH/s) and i only receive 0.08$ in 48h (start : 25 March). But i expected to earn more with BTCD, with my calculation i should earn approximatively 1$/day. Am i wong ? Maybe i use bad informations or i don't understand how genesis mining work exactly. Someone could explain me my mistake please ?

Thanks  Smiley and sorry i'm french and my english is not perfect.



So you purchased a hashpower contract that cost 25 USD and then you thought you would get 1 USD a day back so would make ROI in 25 days...If that was the case, everyone would be buying contracts like crazy.

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March 27, 2015, 07:56:50 PM
 #2687

Ok thanks everyone i understand my mistake. And, yes i hoped earn more than 5 cents (0,25$ max), but not 1$ i'm not crazy, it was just to understand the difference between my calcul and my result. So thanks for you're help.
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March 28, 2015, 03:39:28 AM
 #2688

Oke i will make a update to.

This is a screenshot of one of my accounts, adding bit by bit hashes Smiley


In the old days i was mining like the picture i made long time ago, lot of fun but very expensive, GM done a great job mining for my accounts.



Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
birdcat90
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March 28, 2015, 09:11:34 AM
 #2689

with the minimum hashesf from gm..

still have steady payment and hope stay like this or even bigger..who knows?

<a href="http://www.freebiebitcoin.com">Earn free bitcoin</a>
dead_m92
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March 29, 2015, 05:17:14 PM
 #2690

Just to give you guys a quick heads up.

I got about 70 % of my investment back in 6 Months mining.

With the current payout it will take me another 150 Days to get to 100% return.

greetings dead

doesn't mean much. How much did you invested ? How much did you reinvested ?

I invested 10,441 BTC in return for 3,7 TH/s BTC Mining. Not reinvested any.

And my return at the moment is 7,37 BTC so far.

Greetings dead

galdur
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March 29, 2015, 05:59:16 PM
 #2691

Just to give you guys a quick heads up.

I got about 70 % of my investment back in 6 Months mining.

With the current payout it will take me another 150 Days to get to 100% return.

greetings dead

doesn't mean much. How much did you invested ? How much did you reinvested ?

I invested 10,441 BTC in return for 3,7 TH/s BTC Mining. Not reinvested any.

And my return at the moment is 7,37 BTC so far.

Greetings dead

Nice, you should break even before the end of this year.

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March 29, 2015, 11:07:37 PM
 #2692

Just to give you guys a quick heads up.

I got about 70 % of my investment back in 6 Months mining.

With the current payout it will take me another 150 Days to get to 100% return.

greetings dead

doesn't mean much. How much did you invested ? How much did you reinvested ?

I invested 10,441 BTC in return for 3,7 TH/s BTC Mining. Not reinvested any.

And my return at the moment is 7,37 BTC so far.

Greetings dead

Nice, you should break even before the end of this year.

I hope so and then profit for another year i hope till my contract is terminated.

cloh76
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March 30, 2015, 03:49:09 AM
 #2693

Is there a difference between purchasing hashing power through www.genesis-mining.com and www.genesis-mining.com/login?ref=spondoolies?   My login for Genesis-mining does not work on the spondoolies link.  Is the equipment used different?

[ BTC Donations: 13RNJdT72WEd1FsT3CwdJ6jy9NAa7Hsb54 ]
IanFoxley
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March 30, 2015, 06:42:32 AM
 #2694

Is there a difference between purchasing hashing power through www.genesis-mining.com and www.genesis-mining.com/login?ref=spondoolies?   My login for Genesis-mining does not work on the spondoolies link.  Is the equipment used different?

Yes there is a difference. Both are separate companies with different contracts with different prices. Spondoolies obviously wanted to partner with a company that was experienced in cloud mining so that is why they chose Genesis Mining to do that with them.

If you sign up from the Spondoolies webpage and purchase a Spondoolies cloud mining contract then the link below is what you need to use to login.
www.genesis-mining.com/login?ref=spondoolies?

If you have a Genesis Mining account, then do not use the above link or as you have realised, it will not work.

This also means that if you have a Spondoolies account and use the Genesis Mining login, then that will not work either. You have to use the correct login for whichever service you have registered at.

The interface is similar but when you look at them closely they are not the same.

Spondoolies only allows you to mine BTC (as far as I know, going by when I last looked at their interface), where as Genesis Mining give you more choices.
The prices for contracts are different on both. The daily fees are different on both.

Promo codes for Genesis Mining will not work with Spondoolies and vice versa. So unless Spondoolies do a promo code, then there is really no discounts if you purchase a Spondoolies contract at the moment, that I know of.

Ian

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March 30, 2015, 09:21:27 AM
 #2695

Is there a difference between purchasing hashing power through www.genesis-mining.com and www.genesis-mining.com/login?ref=spondoolies?   My login for Genesis-mining does not work on the spondoolies link.  Is the equipment used different?

Yes there is a difference. Both are separate companies with different contracts with different prices. Spondoolies obviously wanted to partner with a company that was experienced in cloud mining so that is why they chose Genesis Mining to do that with them.

If you sign up from the Spondoolies webpage and purchase a Spondoolies cloud mining contract then the link below is what you need to use to login.
www.genesis-mining.com/login?ref=spondoolies?

If you have a Genesis Mining account, then do not use the above link or as you have realised, it will not work.

This also means that if you have a Spondoolies account and use the Genesis Mining login, then that will not work either. You have to use the correct login for whichever service you have registered at.

The interface is similar but when you look at them closely they are not the same.

Spondoolies only allows you to mine BTC (as far as I know, going by when I last looked at their interface), where as Genesis Mining give you more choices.
The prices for contracts are different on both. The daily fees are different on both.

Promo codes for Genesis Mining will not work with Spondoolies and vice versa. So unless Spondoolies do a promo code, then there is really no discounts if you purchase a Spondoolies contract at the moment, that I know of.

Ian

So which one s cheaper?

IanFoxley
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March 31, 2015, 01:22:54 PM
 #2696

Just to let you all know, I will be posting updates on my thread regarding daily payouts in GH/s for Genesis Mining SHA 256 Lifetime Contracts.
https://bitcointalk.org/index.php?topic=768931.msg10940389#msg10940389

These figures will be based on my 50 GH/s payout, which will be divided by 50 and then the result will be what you can expect for 1 GH/s.

This might be useful for those of you who might want to compare your payouts or get an idea of what payouts are.

For example, if you want to find out the payout for 200 GH/s, you would get my result for 1 GH/s and multiply it by 200.

This will be 99 percent accurate because not everyone will get the same payout as all our payouts are shared from one big payout so there is a change that my result could be slightly different, but we are talking about just a few satoshis basically.

Anyway I will post my result for Mining Day 29.03.2015 here

50GH/s payout was 0.00021201 BTC, so divided by 50 and the Payout for 1GH/s is roughly 424 satoshis.

As mentioned, just multiply 424 x the number of GH/s you want to find out the payout for, so if you want to know the payout for 15 THs, just multiply 424 by 15000 and you will get 6360000, after adding the zero etc for BTC, it would be 0.06360000 BTC, which would have been roughly the payout for 15TH that day.

All payouts as always, are after the daily fee has been removed.

Hope you find it useful.

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April 01, 2015, 06:18:28 PM
 #2697

Thx Ian!

=P
rogelio11
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April 02, 2015, 12:04:33 AM
 #2698

Oke i will make a update to.

In the old days i was mining like the picture i made long time ago, lot of fun but very expensive, GM done a great job mining for my accounts.

https://dl.dropboxusercontent.com/u/304909/Photo%2028-3-14%2011%2025%2035%20pm.jpg


what miner is that, im just wondering? Smiley
Zeta0S
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April 03, 2015, 05:57:33 AM
 #2699

It`s a good old Bitfury Twin Chip 4-5 gh/s ASIC USB Miner. One of the most powerfull usb miners sold on a larger scale.
Below a 49 port usb hub from eyeboot. Lot of heat produced  Wink


Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
IanFoxley
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April 03, 2015, 07:11:57 AM
 #2700

It`s a good old Bitfury Twin Chip 4-5 gh/s ASIC USB Miner. One of the most powerfull usb miners sold on a larger scale.
Below a 49 port usb hub from eyeboot. Lot of heat produced  Wink



Good for the winter, hehe Smiley

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