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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 381959 times)
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Vyazhan
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April 16, 2015, 10:54:53 AM
 #2721

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


Roll Eyes

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

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flyingplows
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April 16, 2015, 08:04:51 PM
 #2722

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

Were they in touch with you to discuss Hashlet eol voucher compensation program? Wink There is still no info on what company it is supposed to happen, if at all...

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Seems I deinvested all my btc :(


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April 16, 2015, 09:17:09 PM
 #2723

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



Nice.  When will you ROI?

Probably this decade. Man, this guy must be really rich or really, really dumb. Well, most likely both. Talk about dead money.

Dumb question? But is this GAW Miners 's Account?

birdcat90
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April 17, 2015, 05:34:17 AM
 #2724

now the downward has been started..

just got payment below 20k...its look like affected by the price of bitcoin for now?

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flyingplows
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April 17, 2015, 07:47:34 AM
 #2725

now the downward has been started..

just got payment below 20k...its look like affected by the price of bitcoin for now?

Of course it is affected, but I remember genesis-mining saying that they would still be able to operate at BTC below 150$, or it might have been mentioned even lower so I guess contracts will still run, will not be terminated and will wait for better days Wink

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April 20, 2015, 11:55:04 AM
 #2726

now the downward has been started..

just got payment below 20k...its look like affected by the price of bitcoin for now?

Of course it is affected, but I remember genesis-mining saying that they would still be able to operate at BTC below 150$, or it might have been mentioned even lower so I guess contracts will still run, will not be terminated and will wait for better days Wink

Thats what I heard too... however I have not got a single payout for the past month or so. Granted I have only 1 mhs but isnt that worth even a payout of 1 satoshi? Utter waste of money in my opinion.
louise123
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April 20, 2015, 12:00:53 PM
 #2727

Can we get our money back if we don't want to continue with you.

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April 20, 2015, 12:21:38 PM
 #2728

now the downward has been started..

just got payment below 20k...its look like affected by the price of bitcoin for now?

Of course it is affected, but I remember genesis-mining saying that they would still be able to operate at BTC below 150$, or it might have been mentioned even lower so I guess contracts will still run, will not be terminated and will wait for better days Wink

Thats what I heard too... however I have not got a single payout for the past month or so. Granted I have only 1 mhs but isnt that worth even a payout of 1 satoshi? Utter waste of money in my opinion.

You must have mined a minimum of 5430 satoshi to get a payout. It should accumulate till you reach that amount.
Like explained in this users vid: https://youtu.be/8bnX9CnbNa0?t=2m
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April 21, 2015, 06:09:07 PM
 #2729

Can we get our money back if we don't want to continue with you.

Always read the terms and conditions before deciding whether or not to agree to a contract. You did not read them otherwise you would have known the answer is 'no'.

There are other options out there with other cloud mining companies that offer different forms of getting (part of) your money back. Megamine for example will buy back a prepaid contract for a certain price. Other companies allow you to sell your 'share' to other users. But of course, these options come at a price.

I guess you did not do any research into the different options. You're lucky you ended up with Genesis-mining. It's one of the few respectable cloud mining companies and it has a very decent return on investment. Sure, not as high as on some of the (now collapsed) ponzi schemes and certainly not as high as the unrealistic expectations that some of the kids on this forum have, but much better then you would get with most any other investment vehicle.

Even though I lost a sizeable investment on Scrypt mining, I'm very happy with how things are going =) Most of my money is in SHA256.

=P
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April 21, 2015, 09:40:30 PM
 #2730

Hey Miners,

Check out the new presentation Marco gave at the "State of Digital Money" conference in L.A. addressing the issues and growing concerns about ponzi schemes in the mining market.

https://www.youtube.com/watch?v=oAXtTftPTkI

Happy Mining,
Your Genesis Mining Team

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April 22, 2015, 08:54:25 AM
 #2731

Can we get our money back if we don't want to continue with you.
i dont think so, because there is no exit plan from genesis mining..

when gm need to terminate our contract,its all because the price of btc to low to cover our cost..lets pray bitcoin will fly so our contract will running forever

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kapetan
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April 23, 2015, 01:10:22 AM
 #2732

hi
What is the current ROI here ?

1. BTCjam: Mining and trading loan #4 https://goo.gl/rwj84u , 2. Scrypt.cc Cloud Mining with 120 Days ROI http://goo.gl/LXomWh ,
3. Haas Bot Trade your Cryptos http://goo.gl/unM0TF , 4. Bitgold Invest to BTC & Gold http://goo.gl/7T3K6O
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April 23, 2015, 08:54:53 AM
 #2733

hi
What is the current ROI here ?

 Grin lol, believe me you don't want to know my friend Wink

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April 23, 2015, 02:06:51 PM
 #2734

hi
What is the current ROI here ?

 Grin lol, believe me you don't want to know my friend Wink

You give no information, there is nothing to believe or not to believe bro.

kapetan, if you want to calculate ROI you can use an online profitability calculator and use the numbers you can get from the terms and conditions on the Genesis-mining website. You'll have to register an account and start the ordering proces in order to see the terms and conditions.

Right now you pay $ 1,50 per TH per day on maintenance fees. If you enter those numbers in a profitability calculator so that electricity costs amounts to $ 1,50 a day (e.g. use 625 watts and $ 0,10 / kWh) then ROI is in 466 days.

For other amounts just get the appropriate numbers from Genesis and enter them in a calculator.

=P
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April 23, 2015, 03:35:52 PM
 #2735

hi
What is the current ROI here ?

 Grin lol, believe me you don't want to know my friend Wink
I made roi a long time ago Lips sealed Why are people bashing Genesis Mining, they are the only one i do trust.

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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April 23, 2015, 11:19:26 PM
 #2736

hi
What is the current ROI here ?

the current ROI on this cloudmining is around 365 days..and it can increased or decreased by the value of the bitcoin itself..

if its down then you must facing the minimum price of bitcoin to be able to run the miner..so prepared for the worst case.

<a href="http://www.freebiebitcoin.com">Earn free bitcoin</a>
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April 24, 2015, 03:18:23 AM
 #2737

Genesis is good if you NEED to know theres real hardwear, they attend all conferences, but as far as for us little guys theres way better choices. they will gladly give you a dollar each day if u give them 1000 today Smiley lowest ROI in the biz, no liquidity, no customer service, and NO REFUNDS. its a shame such a big company went this way, they had the biggest chance until they started hiring phony redditors and making ROI impossible (u will have to keep buying power to stay profitable)


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bittamak
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April 25, 2015, 01:38:17 PM
 #2738

Always i see scrypt hash power is out of stock. When can i expect it to be available?
flyingplows
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April 25, 2015, 03:00:29 PM
 #2739

Always i see scrypt hash power is out of stock. When can i expect it to be available?

Never. It was canceled because it was ''unprofitable''. And the hashrate was exchanged for sha256 at a ridiculous rate. If they ever sell scrypt again - it's a spit in the face of their customers, so the shit will not become available Wink

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April 25, 2015, 03:11:28 PM
 #2740

Hello flyingplows,

This is not correct. We will continue to sell scrypt hashpower as soon as we have access to efficient enough next generation chips which will not be too far away in the future.

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