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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 381943 times)
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flyingplows
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April 25, 2015, 03:12:28 PM
 #2741

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.

Too bad for you. Buyer beware. Embarrassed

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micky123
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April 25, 2015, 09:16:31 PM
 #2742

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.

Ok ,

So does this mean that people who bought scrypt contracts and were unjustly converted to SHA256 contracts will get re-converted to Scrypt contracts? If this is not the case, then good luck selling those new scrypt contracts because people here should be fore-warned that you guys will convert those scrypt contracts to SHA256 at your own whims and fancies and they will be left with egg on their faces. This is what has happened to so many of us, and i feel its very unfair that you would sell scrypt contracts again without converting your original buyers back to scrypt contracts from SHA256.  Embarrassed
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Seems I deinvested all my btc :(


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April 25, 2015, 11:10:08 PM
 #2743

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

yep a 1 to 1 conversion 1 mh/s = 1 gh/s and time of buying scrypt cost was 1000  times higher then sha256.

Basically blew .7 btc to get 20 gh/s


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April 25, 2015, 11:11:39 PM
 #2744

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.

So can we expect the people you screwed out of scrypt hashpower to get theirs back?

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April 26, 2015, 12:15:17 PM
 #2745

O and fyi genesis, you might want to update your mining allocation & wallets web pages, darkcoin got renamed you know to dash..

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flyingplows
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April 26, 2015, 09:05:45 PM
 #2746

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.

So can we expect the people you screwed out of scrypt hashpower to get theirs back?

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In your dreams Wink
They'll say it's new hardware so you have to buy once more. And make ROI this time. And that old hardware was inefficient so you got lucky we even converted that shit. The thing is that sure, litecoin mining was unprofitable, but they tell they mine the most profitable coin...


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April 28, 2015, 08:16:47 AM
 #2747

O and fyi genesis, you might want to update your mining allocation & wallets web pages, darkcoin got renamed you know to dash..

Forwarded it to our dev team. Thank you!
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April 28, 2015, 08:52:24 AM
 #2748

In your dreams Wink
They'll say it's new hardware so you have to buy once more. And make ROI this time. And that old hardware was inefficient so you got lucky we even converted that shit. The thing is that sure, litecoin mining was unprofitable, but they tell they mine the most profitable coin...

Litecoin mining was indeed unprofitable. And so was all scrypt mining for any reasonable mix of coins (every multipool suffered from low payouts, because there were no scrypt coins in reasonable market depth that could be mined). And due to the low BTC price, scrypt mining became unprofitable at ~10 Watt per MH/s.

If new hardware would allow scrypt mining at, e.g., 1 Watt per MH/s this would lower the production cost by a factor of 10 and this new hardware would be profitable. If (and that is a big "if") such hardware would be available we would offer it.
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April 28, 2015, 10:38:44 AM
 #2749

Just wondering what people are mining with SHA256?

Whats the most profitable coin to mine at the moment?
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April 28, 2015, 11:08:07 AM
 #2750

Just wondering what people are mining with SHA256?

Whats the most profitable coin to mine at the moment?

I just mine BTC with my SHA 256 hashpower unless I specifically want a payout in LTC or Doge or Dash etc and let the autotrade do the job of trading it for me without having to do that myself. Saves time then.

Ian

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April 28, 2015, 06:51:48 PM
 #2751

BTC and Lottocoin

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
flyingplows
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April 28, 2015, 07:09:46 PM
 #2752

Since they are such ROI unfriendly, genesis-mining could add some exciting altcoins to get paid by. This way we could add buying pressure to our favorite coins. Or make a voting available to their customers on what new coin to include. There are some new exciting PoS coins that I would gladly support with my otherwise unprofitable ghs that are still left here.

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April 28, 2015, 07:12:09 PM
 #2753

I vote for netcoin POW/POS all in 1 Smiley and then i wouldn't have to use that sneaky cryptsy and paying .25% trading fees Sad

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Genesis-Mining
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May 01, 2015, 11:19:36 AM
 #2754

Hey Miners,

Check out our new Bitcoin Mining 101 video:

https://www.youtube.com/watch?v=o5GJU0xL5lQ

Let us know how you like it!

Your Genesis Mining Team

julian071
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May 04, 2015, 02:22:50 PM
 #2755

Hey Miners,

Check out our new Bitcoin Mining 101 video:

https://www.youtube.com/watch?v=o5GJU0xL5lQ

Let us know how you like it!

Your Genesis Mining Team

Well made! Where are you planning to use it?

=P
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May 04, 2015, 05:37:06 PM
 #2756

Hey Miners,

Check out our new Bitcoin Mining 101 video:

https://www.youtube.com/watch?v=o5GJU0xL5lQ

Let us know how you like it!

Your Genesis Mining Team

Nice one. You should buy advertising space on TV Cheesy

What about the "big news" you were keeping secret ? Anything soon?

Genesis-Mining
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May 05, 2015, 05:11:12 AM
 #2757

Hey Miners,

Check out our new Bitcoin Mining 101 video:

https://www.youtube.com/watch?v=o5GJU0xL5lQ

Let us know how you like it!

Your Genesis Mining Team

Nice one. You should buy advertising space on TV Cheesy

What about the "big news" you were keeping secret ? Anything soon?

Likely even this or next month Smiley Stay tuned, it will be big!

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May 05, 2015, 10:14:28 PM
 #2758

Hey Miners,

Check out our new Bitcoin Mining 101 video:

https://www.youtube.com/watch?v=o5GJU0xL5lQ

Let us know how you like it!

Your Genesis Mining Team
I love the video, great quality stuff!

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
flyingplows
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May 06, 2015, 07:00:17 PM
 #2759

Plain and simple explanation what's going on in a video... The concept looks great, but, you know, when I saw that man getting old in the context of genesis mining I thought he was STILL WAITING FOR ROI HERE Grin But looks like he's enjoying the profits, so be it...

Genesis-Mining
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May 06, 2015, 10:36:59 PM
 #2760

Hey All,

An article you might be interested to read:

http://finance.yahoo.com/news/thoughts-future-bitcoin-genesis-minings-034200234.html

Your Genesis Mining Team

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