Genesis-mining.com || World's leading hashpower provider!

[kapetan]

One day they send a payment
the second one they dont
why is that ?

[SavellM]

One day they send a payment
the second one they dont
why is that ?

Not sure but it could be maintenance was too high so there was no profit for the day?
Or an unlucky day so not many blocks...

(this is just my speculation)

Also it could be still repercussions with the Blockchain.info debacle.

[IanFoxley]

One day they send a payment
the second one they dont
why is that ?

If you have a low level of hashpower, I myself was doing a video comparison for a while with 10Gh/s hashpower and what would happen is that there is a minimum amount they would send each day, around 5430 satoshis, something around there and if your daily payout is less than that, then it gets kept by until it reaches that 5430 satoshi level, before going out.

It could be related to that. With my 10GHs account I would have one day of no payout then the next day I would get a payout as each payout was in the 4000 satoshi range so one day it would be 4000 then the next day, both combined would be 8000 so then that was more than the 5430 level.

On the payout page the payout that is saved will show up as zero but there is a info icon, a small i which if you move the mouse over does come up with information about the payout.

It also can be timezone related, the payouts are in UTC timezone I believe so if the payout is at 23:00 UTC then if you live in the far east then that payout would have been well into the next day so that can also give the impression that your payout might not be daily.

Ian

[Glucose]

Oh yes, something new was promised couple months ago. Any ETA on that?

Whenever you want to answer this. We are all interested Marco

[Genesis-Mining]

Hey All,

due to a problem in the credit card payment API from one of our partners credit card payments are currently suspended. The issue will be resolved soon in the next few days and everything will be back to normal again. Thanks for you understanding!

Your Genesis Mining Team

[IanFoxley]

I noticed something over the last few days.

I had a 11 GH/s test account which I used for my comparison videos, now stopped because of GAW Miners. Anyway I just noticed in the last few days that my payouts have become daily again. They were once every two days for a while because there was a minimim payout limit which was around 5400 sats if i recall.

Anyway looks like that limit has been removed or made smaller so I suppose for those of you who have small amounts of hashpower it is quite a nice thing again.

Ian

[Zeta0S]

I noticed something over the last few days.

I had a 11 GH/s test account which I used for my comparison videos, now stopped because of GAW Miners. Anyway I just noticed in the last few days that my payouts have become daily again. They were once every two days for a while because there was a minimim payout limit which was around 5400 sats if i recall.

Anyway looks like that limit has been removed or made smaller so I suppose for those of you who have small amounts of hashpower it is quite a nice thing again.

Ian

That`s good news!

[Human1000]

What´s the payout like these days? Thank you.

Here you go :-)
https://dl.dropboxusercontent.com/u/304909/uitbetalingen.jpg

Hi, just want to check with you if you are still having 0.012 payout daily for 3TH? I have 3TH worth of hashpower going into bitcoin however i m only getting 0.0091 payout daily 

[IanFoxley]

The payout yesterday for my 50GH/s contract was 15209 satoshis.

So if I divide 15209 by 50 GH/s I get 304.18  

This is the amount of satoshi per GH/s, more or less.

If you then get 304.18 and mulitply it by 3000 then it comes to 912540.

912540 is 0.0912540 BTC so it seems that your 3 TH is near enough to what you should have got yesterday.

I did notice that Bitcoin had has been rising in value the last couple of days, difficulty went up a few days by an amount and is the highest it has been yet, although back in early April, it was almost this high then too.

Do not forget that GM are mining so when you do mine you will and can get bad days of finding blocks etc and will be good days too.

Ian

[Human1000]

The payout yesterday for my 50GH/s contract was 15209 satoshis.

So if I divide 15209 by 50 GH/s I get 304.18  

This is the amount of satoshi per GH/s, more or less.

If you then get 304.18 and mulitply it by 3000 then it comes to 912540.

912540 is 0.0912540 BTC so it seems that your 3 TH is near enough to what you should have got yesterday.

I did notice that Bitcoin had has been rising in value the last couple of days, difficulty went up a few days by an amount and is the highest it has been yet, although back in early April, it was almost this high then too.

Do not forget that GM are mining so when you do mine you will and can get bad days of finding blocks etc and will be good days too.

Ian

Thanks for the info Ian

[Btree]

in the future can i trade ghs in Genesis mining ? like on bit-X, Scrypt CC and other

[Glucose]

in the future can i trade ghs in Genesis mining ? like on bit-X, Scrypt CC and other

I wish we could

[creuz]

Now that Litecoin mining is making a profit again what about give us back the contract we paid at full price one month before you closed it ? You are claiming owning the mining machines so what are you doing with them ? Are you mining for your own with something we paid for almost no return ?

[IanFoxley]

Now that Litecoin mining is making a profit again what about give us back the contract we paid at full price one month before you closed it ? You are claiming owning the mining machines so what are you doing with them ? Are you mining for your own with something we paid for almost no return ?

I think to be honest that they would have disconnected most of them in the mining farms and replaced them with SHA 256 miners. Why have miners taking up huge amounts of space in a farm when you can replace them with something else.

I have seen pics where Chinese mining farms have piles and piles of old generation miners just sitting around in a pile so I have a feeling that the same thing happened to the Scrypt miners.

They do have some Scrypt miners up and running though as those on the 1, 1.5 or 2 year contracts will still be using them.

I for example still get almost 0.5 LTC a day with my 19 MH/s scrypt with multiple contracts that I had a year contract with. Every few weeks my hashpower goes down as each contract ends so in September all my Scrypt will be gone.

[creuz]

Now that Litecoin mining is making a profit again what about give us back the contract we paid at full price one month before you closed it ? You are claiming owning the mining machines so what are you doing with them ? Are you mining for your own with something we paid for almost no return ?

I think to be honest that they would have disconnected most of them in the mining farms and replaced them with SHA 256 miners. Why have miners taking up huge amounts of space in a farm when you can replace them with something else.

I have seen pics where Chinese mining farms have piles and piles of old generation miners just sitting around in a pile so I have a feeling that the same thing happened to the Scrypt miners.

They do have some Scrypt miners up and running though as those on the 1, 1.5 or 2 year contracts will still be using them.

I for example still get almost 0.5 LTC a day with my 19 MH/s scrypt with multiple contracts that I had a year contract with. Every few weeks my hashpower goes down as each contract ends so in September all my Scrypt will be gone.

So they dump machines to garbage ? Are you smart mouthing me ?

I want you and ZetaOS to stop doing customer relation for Genesis Mining ok ? I understand you want a lot of noobs to put their money in for your commission but now stop to show you as honest advisers, you are obviously not. I want Genesis Mining to reply.

[IanFoxley]

Now that Litecoin mining is making a profit again what about give us back the contract we paid at full price one month before you closed it ? You are claiming owning the mining machines so what are you doing with them ? Are you mining for your own with something we paid for almost no return ?

I think to be honest that they would have disconnected most of them in the mining farms and replaced them with SHA 256 miners. Why have miners taking up huge amounts of space in a farm when you can replace them with something else.

I have seen pics where Chinese mining farms have piles and piles of old generation miners just sitting around in a pile so I have a feeling that the same thing happened to the Scrypt miners.

They do have some Scrypt miners up and running though as those on the 1, 1.5 or 2 year contracts will still be using them.

I for example still get almost 0.5 LTC a day with my 19 MH/s scrypt with multiple contracts that I had a year contract with. Every few weeks my hashpower goes down as each contract ends so in September all my Scrypt will be gone.

So they dump machines to garbage ? Are you smart mouthing me ?

If you read what I have written, it would make sense. I did not say there just left to garbage, but they would be just taking up space on shelves so they most likely replaced them with SHA 256 miners. The PSUs were most likely compatible too so they could save costs and use them again for the new miners. I am just stating common sense and facts. I had over 200 MH/s which was converted to GH/s in February so I probably lost a lot more than you ever did.


And no I will not stop posting here. Thanks

Ian

[creuz]

Now that Litecoin mining is making a profit again what about give us back the contract we paid at full price one month before you closed it ? You are claiming owning the mining machines so what are you doing with them ? Are you mining for your own with something we paid for almost no return ?

I think to be honest that they would have disconnected most of them in the mining farms and replaced them with SHA 256 miners. Why have miners taking up huge amounts of space in a farm when you can replace them with something else.

I have seen pics where Chinese mining farms have piles and piles of old generation miners just sitting around in a pile so I have a feeling that the same thing happened to the Scrypt miners.

They do have some Scrypt miners up and running though as those on the 1, 1.5 or 2 year contracts will still be using them.

I for example still get almost 0.5 LTC a day with my 19 MH/s scrypt with multiple contracts that I had a year contract with. Every few weeks my hashpower goes down as each contract ends so in September all my Scrypt will be gone.

So they dump machines to garbage ? Are you smart mouthing me ?

If you read what I have written, it would make sense. I did not say there just left to garbage, but they would be just taking up space on shelves so they most likely replaced them with SHA 256 miners. The PSUs were most likely compatible too so they could save costs and use them again for the new miners. I am just stating common sense and facts. I had over 200 MH/s which was converted to GH/s in February so I probably lost a lot more than you ever did.


And no I will not stop posting here. Thanks

Ian

I didn't ask you to stop posting, I asked you to stop replying for Genesis Mining. What you wrote is just guesswork and I don't care what you imagine.

I paid for a hardware share that Genesis Mining was supposed to exploit for us.

LTC exploitation was not profitable for several months now it is again.

[galdur]

Now that Litecoin mining is making a profit again what about give us back the contract we paid at full price one month before you closed it ? You are claiming owning the mining machines so what are you doing with them ? Are you mining for your own with something we paid for almost no return ?

what about give us back the contract we paid at full price one month before you closed it ? You are claiming owning the mining machines so what are you doing with them ?

Great point of course but don´t expect any reimbursement here.

[alienesb]

Now that Litecoin mining is making a profit again what about give us back the contract we paid at full price one month before you closed it ? You are claiming owning the mining machines so what are you doing with them ? Are you mining for your own with something we paid for almost no return ?

what about give us back the contract we paid at full price one month before you closed it ? You are claiming owning the mining machines so what are you doing with them ?

Great point of course but don´t expect any reimbursement here.

Yeah that would be nice but we won't see it.

[Zeta0S]

Now that Litecoin mining is making a profit again what about give us back the contract we paid at full price one month before you closed it ? You are claiming owning the mining machines so what are you doing with them ? Are you mining for your own with something we paid for almost no return ?

I think to be honest that they would have disconnected most of them in the mining farms and replaced them with SHA 256 miners. Why have miners taking up huge amounts of space in a farm when you can replace them with something else.

I have seen pics where Chinese mining farms have piles and piles of old generation miners just sitting around in a pile so I have a feeling that the same thing happened to the Scrypt miners.

They do have some Scrypt miners up and running though as those on the 1, 1.5 or 2 year contracts will still be using them.

I for example still get almost 0.5 LTC a day with my 19 MH/s scrypt with multiple contracts that I had a year contract with. Every few weeks my hashpower goes down as each contract ends so in September all my Scrypt will be gone.

[bit off-topic]
Some i China Still use old hardware to mine, check this epical topic, They started Mining whit 6000 Avalon 3 miners and 10.000 Antminer S3.
https://bitcointalk.org/index.php?topic=1072474.220
 

[/bit off-topic]