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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 382026 times)
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Zeta0S
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July 13, 2015, 02:03:48 PM
 #2921

you my friend must have some interest on the issue...you did not adrees the main aspect of the problem...it's irrelevant that i'm new here and whatever they provide in the maintainance fee...is too expensive

Well just mine at home then if you do not like the fees.

I can not because the electricity fees in the country I live in are far too expensive Smiley

And nobody is forcing you to purchase hashpower with this company, plenty of others to choose from, I myself have contracts at, at least 5 different companies.

Here in Holland you pay 0.245 euro cent for 1 kilowatt.  If you use lot more that normal you need to pay even extra.
So mining here would be extreme painfully process, thanks to Genesis Mining can can still mine.

And remember i made roi some time ago. Each day is a profit day now

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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July 14, 2015, 06:27:25 AM
 #2922

What I am surprised is that even though the majority of people here post real problems in this thread, 600 days ROI, really expensive, some updates about X11 which they promised, etc, GM stuff has never even tried to discuss these issues which shows they do not really care and they consider the community to be sheep to take advantage of.

Very nice tactics. GM Marko, if I were you, I would at least try to compete with Hashnest.

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July 14, 2015, 11:17:39 AM
 #2923

I'm amazed about the amount of negativity by some people here. The last year has seen most cloudmining operations to be utter scams. Genesis is one of the few that isn't. It seems logical to me that because they are a legit, viable operation, they cannot pay out the profits that the ponzi schemes did - or at least, what they paid out before they ran off with their user's money. That said, I find the rewards just fine. They are much better then e.g. with Zeushash. They are also MUCH better then you would get with a bank or other investment vessels.

But more importantly, if you believe there are better investments, by all means invest in those but spare us the bitching and moaning please. It's simply annoying to read and adds nothing.

Other issues that are mentioned above have been discussed, just click back a page.

Edit: looking at the banner and the post history of crazyivan, could this negative post be inspired by the wish to direct people to another ponzi scam?

=P
Zeta0S
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July 14, 2015, 02:06:01 PM
 #2924

What I am surprised... some updates about X11 which they promised.
Very nice tactics. GM Marko, if I were you, I would at least try to compete with Hashnest.

Simple, X11 coins dropped huge in price, thats why there is no X11 mining available  Smiley

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
tokingtoking
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July 14, 2015, 02:31:02 PM
 #2925

why people skeptical?...just take it or leave it.
crazyivan
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July 14, 2015, 04:19:51 PM
 #2926

I'm amazed about the amount of negativity by some people here. The last year has seen most cloudmining operations to be utter scams. Genesis is one of the few that isn't. It seems logical to me that because they are a legit, viable operation, they cannot pay out the profits that the ponzi schemes did - or at least, what they paid out before they ran off with their user's money. That said, I find the rewards just fine. They are much better then e.g. with Zeushash. They are also MUCH better then you would get with a bank or other investment vessels.

But more importantly, if you believe there are better investments, by all means invest in those but spare us the bitching and moaning please. It's simply annoying to read and adds nothing.

Other issues that are mentioned above have been discussed, just click back a page.

Edit: looking at the banner and the post history of crazyivan, could this negative post be inspired by the wish to direct people to another ponzi scam?

This negative post is inspired by the fact I ve been trying hard for the last year to find A SINGLE PERSON on this forum who has reached ROI with Genesis Mining.

Again, A SINGLE PERSON. Have you reached ROI and can you provide evidence of that? Anyone else?

If there s no single person who has reached ROI with them, this means this service takes money from their clients and provides next to nothing. True, they are not ponzi, but they are a nice cloud which takes advantage of newbies to take their money and give them very little back.

What is the purpose of Genesis Mining if you cannot make money on their cloud? To take money from other people? Ha?

As long this is the case, I will post wherever I want and whenever I want, simply to warn people about the level of service they provide.

About my banner, I ll show you 200 people who reached ROI with DMD Diamond, especially since the price went up 100% about a week ago and everyone else who s been holding this coin automatically reached ROI. So pls, do share any proof about services I endorse being scam or unprofitable, pls do.

Services you endorse, on the other hand, are not scam but they are obviously EXTREMELY unprofitable. I m sure they have at least 20k clients and NOT A SINGLE person reached ROI. Brilliant service, let s all give them our money.  

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July 14, 2015, 05:04:52 PM
 #2927

I'm amazed about the amount of negativity by some people here. The last year has seen most cloudmining operations to be utter scams. Genesis is one of the few that isn't. It seems logical to me that because they are a legit, viable operation, they cannot pay out the profits that the ponzi schemes did - or at least, what they paid out before they ran off with their user's money. That said, I find the rewards just fine. They are much better then e.g. with Zeushash. They are also MUCH better then you would get with a bank or other investment vessels.

But more importantly, if you believe there are better investments, by all means invest in those but spare us the bitching and moaning please. It's simply annoying to read and adds nothing.

Other issues that are mentioned above have been discussed, just click back a page.

Edit: looking at the banner and the post history of crazyivan, could this negative post be inspired by the wish to direct people to another ponzi scam?

This negative post is inspired by the fact I ve been trying hard for the last year to find A SINGLE PERSON on this forum who has reached ROI with Genesis Mining.

Again, A SINGLE PERSON. Have you reached ROI and can you provide evidence of that? Anyone else?

If there s no single person who has reached ROI with them, this means this service takes money from their clients and provides next to nothing. True, they are not ponzi, but they are a nice cloud which takes advantage of newbies to take their money and give them very little back.

What is the purpose of Genesis Mining if you cannot make money on their cloud? To take money from other people? Ha?

As long this is the case, I will post wherever I want and whenever I want, simply to warn people about the level of service they provide.

About my banner, I ll show you 200 people who reached ROI with DMD Diamond, especially since the price went up 100% about a week ago and everyone else who s been holding this coin automatically reached ROI. So pls, do share any proof about services I endorse being scam or unprofitable, pls do.

Services you endorse, on the other hand, are not scam but they are obviously EXTREMELY unprofitable. I m sure they have at least 20k clients and NOT A SINGLE person reached ROI. Brilliant service, let s all give them our money.  

Hey Ivan,  I think Julian was mainly writing about the posts here recently in general, not just yours.

---Julian, If Crazyivan wants to help promote the advantages of having POS (point of stake coins) and it's benefits then what is the issue? This is what I see mainly in his post history.

I think POS is good in many ways and  if Ivan wants to let everyone know this, i do not really know what the issue is.


Regarding ROI I did write recently that  if anyone has been mining Litecoin over time especially with Scrypt 1 year contracts then they might have reached ROI mining Litecoin especially if they sold a few days ago when Litecoin was reaching 7-8 USD each. Even now it is still at 4. If they purchased their contracts in August for example, they could still be mining a nice amount of Litecoin each day all due to the fact that the mining difficulty of Litecoin started dropping quite alot in January and February.  Not every GM customer will come here and read this post but I am pretty sure there must be some people out there who must have made ROI. Perhaps they might let you know sometime Ivan.

I have reached ROI a long time ago but as I told you, this was with the help of referral hashpower too.

But if you are interested, I did do some comparison videos as you will no doubt know from September with 10GH/s SHA 256 and 1 MH/s Scrypt. The Scrypt got converted to 1GH/s hashpower in February which really reduced the amount I get back each day but even so, my original contracts cost 0.056 BTC in total and right now I have 0.04189957 BTC back. This is over 75 percent back since September so yes it has taken a long time but I still think it will be less than 600 days as we are not even up to a year yet.

The wallet address that I use for my Youtube videos is 18zUcPAXgPPSiU8r6m7mQqfkrcKRcAEEdi so feel free to take a look as every payout mentioned on the videos and also up to today are there for all to see.

Here is the address used when I paid for the contracts  https://blockchain.info/address/1N8egacjonfZoXxJfHptYAc5V4JPk95X4g

As you can see 0.056 BTC was sent.

If the Lifetime Scrypt contracts and Scrypt mining in general had not gone the way it had, it is pretty possible that i would have made ROI by now on these contracts.

Ian



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July 14, 2015, 07:57:32 PM
 #2928

I'm amazed about the amount of negativity by some people here. The last year has seen most cloudmining operations to be utter scams. Genesis is one of the few that isn't. It seems logical to me that because they are a legit, viable operation, they cannot pay out the profits that the ponzi schemes did - or at least, what they paid out before they ran off with their user's money. That said, I find the rewards just fine. They are much better then e.g. with Zeushash. They are also MUCH better then you would get with a bank or other investment vessels.

But more importantly, if you believe there are better investments, by all means invest in those but spare us the bitching and moaning please. It's simply annoying to read and adds nothing.

Other issues that are mentioned above have been discussed, just click back a page.

Edit: looking at the banner and the post history of crazyivan, could this negative post be inspired by the wish to direct people to another ponzi scam?

This negative post is inspired by the fact I ve been trying hard for the last year to find A SINGLE PERSON on this forum who has reached ROI with Genesis Mining.

Again, A SINGLE PERSON. Have you reached ROI and can you provide evidence of that? Anyone else?

If there s no single person who has reached ROI with them, this means this service takes money from their clients and provides next to nothing. True, they are not ponzi, but they are a nice cloud which takes advantage of newbies to take their money and give them very little back.

What is the purpose of Genesis Mining if you cannot make money on their cloud? To take money from other people? Ha?

As long this is the case, I will post wherever I want and whenever I want, simply to warn people about the level of service they provide.

About my banner, I ll show you 200 people who reached ROI with DMD Diamond, especially since the price went up 100% about a week ago and everyone else who s been holding this coin automatically reached ROI. So pls, do share any proof about services I endorse being scam or unprofitable, pls do.

Services you endorse, on the other hand, are not scam but they are obviously EXTREMELY unprofitable. I m sure they have at least 20k clients and NOT A SINGLE person reached ROI. Brilliant service, let s all give them our money.  

Hey Ivan,  I think Julian was mainly writing about the posts here recently in general, not just yours.

---Julian, If Crazyivan wants to help promote the advantages of having POS (point of stake coins) and it's benefits then what is the issue? This is what I see mainly in his post history.

I think POS is good in many ways and  if Ivan wants to let everyone know this, i do not really know what the issue is.


Regarding ROI I did write recently that  if anyone has been mining Litecoin over time especially with Scrypt 1 year contracts then they might have reached ROI mining Litecoin especially if they sold a few days ago when Litecoin was reaching 7-8 USD each. Even now it is still at 4. If they purchased their contracts in August for example, they could still be mining a nice amount of Litecoin each day all due to the fact that the mining difficulty of Litecoin started dropping quite alot in January and February.  Not every GM customer will come here and read this post but I am pretty sure there must be some people out there who must have made ROI. Perhaps they might let you know sometime Ivan.

I have reached ROI a long time ago but as I told you, this was with the help of referral hashpower too.

But if you are interested, I did do some comparison videos as you will no doubt know from September with 10GH/s SHA 256 and 1 MH/s Scrypt. The Scrypt got converted to 1GH/s hashpower in February which really reduced the amount I get back each day but even so, my original contracts cost 0.056 BTC in total and right now I have 0.04189957 BTC back. This is over 75 percent back since September so yes it has taken a long time but I still think it will be less than 600 days as we are not even up to a year yet.

The wallet address that I use for my Youtube videos is 18zUcPAXgPPSiU8r6m7mQqfkrcKRcAEEdi so feel free to take a look as every payout mentioned on the videos and also up to today are there for all to see.

Here is the address used when I paid for the contracts  https://blockchain.info/address/1N8egacjonfZoXxJfHptYAc5V4JPk95X4g

As you can see 0.056 BTC was sent.

If the Lifetime Scrypt contracts and Scrypt mining in general had not gone the way it had, it is pretty possible that i would have made ROI by now on these contracts.

Ian




He did mention my nick in his post so he was writing about my posts as well.

I do respect your work and tons of data about cloud mining companies you have provided so I ll stay away this time but I still believe Genesis Mining clients are wasting their money.

IanFoxley
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July 14, 2015, 08:05:40 PM
 #2929

I'm amazed about the amount of negativity by some people here. The last year has seen most cloudmining operations to be utter scams. Genesis is one of the few that isn't. It seems logical to me that because they are a legit, viable operation, they cannot pay out the profits that the ponzi schemes did - or at least, what they paid out before they ran off with their user's money. That said, I find the rewards just fine. They are much better then e.g. with Zeushash. They are also MUCH better then you would get with a bank or other investment vessels.

But more importantly, if you believe there are better investments, by all means invest in those but spare us the bitching and moaning please. It's simply annoying to read and adds nothing.

Other issues that are mentioned above have been discussed, just click back a page.

Edit: looking at the banner and the post history of crazyivan, could this negative post be inspired by the wish to direct people to another ponzi scam?

This negative post is inspired by the fact I ve been trying hard for the last year to find A SINGLE PERSON on this forum who has reached ROI with Genesis Mining.

Again, A SINGLE PERSON. Have you reached ROI and can you provide evidence of that? Anyone else?

If there s no single person who has reached ROI with them, this means this service takes money from their clients and provides next to nothing. True, they are not ponzi, but they are a nice cloud which takes advantage of newbies to take their money and give them very little back.

What is the purpose of Genesis Mining if you cannot make money on their cloud? To take money from other people? Ha?

As long this is the case, I will post wherever I want and whenever I want, simply to warn people about the level of service they provide.

About my banner, I ll show you 200 people who reached ROI with DMD Diamond, especially since the price went up 100% about a week ago and everyone else who s been holding this coin automatically reached ROI. So pls, do share any proof about services I endorse being scam or unprofitable, pls do.

Services you endorse, on the other hand, are not scam but they are obviously EXTREMELY unprofitable. I m sure they have at least 20k clients and NOT A SINGLE person reached ROI. Brilliant service, let s all give them our money.  

Hey Ivan,  I think Julian was mainly writing about the posts here recently in general, not just yours.

---Julian, If Crazyivan wants to help promote the advantages of having POS (point of stake coins) and it's benefits then what is the issue? This is what I see mainly in his post history.

I think POS is good in many ways and  if Ivan wants to let everyone know this, i do not really know what the issue is.


Regarding ROI I did write recently that  if anyone has been mining Litecoin over time especially with Scrypt 1 year contracts then they might have reached ROI mining Litecoin especially if they sold a few days ago when Litecoin was reaching 7-8 USD each. Even now it is still at 4. If they purchased their contracts in August for example, they could still be mining a nice amount of Litecoin each day all due to the fact that the mining difficulty of Litecoin started dropping quite alot in January and February.  Not every GM customer will come here and read this post but I am pretty sure there must be some people out there who must have made ROI. Perhaps they might let you know sometime Ivan.

I have reached ROI a long time ago but as I told you, this was with the help of referral hashpower too.

But if you are interested, I did do some comparison videos as you will no doubt know from September with 10GH/s SHA 256 and 1 MH/s Scrypt. The Scrypt got converted to 1GH/s hashpower in February which really reduced the amount I get back each day but even so, my original contracts cost 0.056 BTC in total and right now I have 0.04189957 BTC back. This is over 75 percent back since September so yes it has taken a long time but I still think it will be less than 600 days as we are not even up to a year yet.

The wallet address that I use for my Youtube videos is 18zUcPAXgPPSiU8r6m7mQqfkrcKRcAEEdi so feel free to take a look as every payout mentioned on the videos and also up to today are there for all to see.

Here is the address used when I paid for the contracts  https://blockchain.info/address/1N8egacjonfZoXxJfHptYAc5V4JPk95X4g

As you can see 0.056 BTC was sent.

If the Lifetime Scrypt contracts and Scrypt mining in general had not gone the way it had, it is pretty possible that i would have made ROI by now on these contracts.

Ian




He did mention my nick in his post so he was writing about my posts as well.

I do respect your work and tons of data about cloud mining companies you have provided so I ll stay away this time but I still believe Genesis Mining clients are wasting their money.

Well it is up to you about staying away but I always enjoy reading your posts in other places so just keep up the good work and helping to get people to take a look at POS coins etc and I respect your opinions too Smiley Perhaps on day 599 I can tell you I reached ROI a day early or something haha Smiley Its going to be interesting to see Smiley

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July 14, 2015, 08:13:09 PM
 #2930

Quote

He did mention my nick in his post so he was writing about my posts as well.


Yes, which is why I wrote what I did about that too Smiley

Ian

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July 15, 2015, 05:32:43 AM
 #2931

I'm amazed about the amount of negativity by some people here. The last year has seen most cloudmining operations to be utter scams. Genesis is one of the few that isn't. It seems logical to me that because they are a legit, viable operation, they cannot pay out the profits that the ponzi schemes did - or at least, what they paid out before they ran off with their user's money. That said, I find the rewards just fine. They are much better then e.g. with Zeushash. They are also MUCH better then you would get with a bank or other investment vessels.

But more importantly, if you believe there are better investments, by all means invest in those but spare us the bitching and moaning please. It's simply annoying to read and adds nothing.

Other issues that are mentioned above have been discussed, just click back a page.

Edit: looking at the banner and the post history of crazyivan, could this negative post be inspired by the wish to direct people to another ponzi scam?

This negative post is inspired by the fact I ve been trying hard for the last year to find A SINGLE PERSON on this forum who has reached ROI with Genesis Mining.

Again, A SINGLE PERSON. Have you reached ROI and can you provide evidence of that? Anyone else?

If there s no single person who has reached ROI with them, this means this service takes money from their clients and provides next to nothing. True, they are not ponzi, but they are a nice cloud which takes advantage of newbies to take their money and give them very little back.

What is the purpose of Genesis Mining if you cannot make money on their cloud? To take money from other people? Ha?

As long this is the case, I will post wherever I want and whenever I want, simply to warn people about the level of service they provide.

About my banner, I ll show you 200 people who reached ROI with DMD Diamond, especially since the price went up 100% about a week ago and everyone else who s been holding this coin automatically reached ROI. So pls, do share any proof about services I endorse being scam or unprofitable, pls do.

Services you endorse, on the other hand, are not scam but they are obviously EXTREMELY unprofitable. I m sure they have at least 20k clients and NOT A SINGLE person reached ROI. Brilliant service, let s all give them our money.  

Hey Ivan,  I think Julian was mainly writing about the posts here recently in general, not just yours.

---Julian, If Crazyivan wants to help promote the advantages of having POS (point of stake coins) and it's benefits then what is the issue? This is what I see mainly in his post history.

I think POS is good in many ways and  if Ivan wants to let everyone know this, i do not really know what the issue is.


Regarding ROI I did write recently that  if anyone has been mining Litecoin over time especially with Scrypt 1 year contracts then they might have reached ROI mining Litecoin especially if they sold a few days ago when Litecoin was reaching 7-8 USD each. Even now it is still at 4. If they purchased their contracts in August for example, they could still be mining a nice amount of Litecoin each day all due to the fact that the mining difficulty of Litecoin started dropping quite alot in January and February.  Not every GM customer will come here and read this post but I am pretty sure there must be some people out there who must have made ROI. Perhaps they might let you know sometime Ivan.

I have reached ROI a long time ago but as I told you, this was with the help of referral hashpower too.

But if you are interested, I did do some comparison videos as you will no doubt know from September with 10GH/s SHA 256 and 1 MH/s Scrypt. The Scrypt got converted to 1GH/s hashpower in February which really reduced the amount I get back each day but even so, my original contracts cost 0.056 BTC in total and right now I have 0.04189957 BTC back. This is over 75 percent back since September so yes it has taken a long time but I still think it will be less than 600 days as we are not even up to a year yet.

The wallet address that I use for my Youtube videos is 18zUcPAXgPPSiU8r6m7mQqfkrcKRcAEEdi so feel free to take a look as every payout mentioned on the videos and also up to today are there for all to see.

Here is the address used when I paid for the contracts  https://blockchain.info/address/1N8egacjonfZoXxJfHptYAc5V4JPk95X4g

As you can see 0.056 BTC was sent.

If the Lifetime Scrypt contracts and Scrypt mining in general had not gone the way it had, it is pretty possible that i would have made ROI by now on these contracts.

Ian




He did mention my nick in his post so he was writing about my posts as well.

I do respect your work and tons of data about cloud mining companies you have provided so I ll stay away this time but I still believe Genesis Mining clients are wasting their money.

Well it is up to you about staying away but I always enjoy reading your posts in other places so just keep up the good work and helping to get people to take a look at POS coins etc and I respect your opinions too Smiley Perhaps on day 599 I can tell you I reached ROI a day early or something haha Smiley Its going to be interesting to see Smiley

Heh, maybe. Actually it s not only about reaching ROI. Even if you do reach ROI in 600+ days, your hash at that point s going to generate next to nothing, due to humongous diff growth over these 600 days so you ll end up at best lending money to Genesis Mining at 0% interest. All in all, stay away from these guys, they are extremely expensive, they do not adapt to market conditions and they are not willing to discuss issues which affect their community. This thread is a clear example of that.

BTW, I m sure this post is going to be moderated and deleted by GM but at least some of you might read it in the meantime.

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July 15, 2015, 06:46:10 AM
 #2932

I hope it (and others) does get moderated. I'm getting tired of reading the same whining day in day out. Either people are smart enough to make up their own minds what's good and what's not, or they should not be investing in anything crypto at all. I'm not against good solid discussion, but a huge amount of posts here is repeating crap from disgruntled people who made a bad investment and blame everyone but themselves. I don't see why Genesis Mining is allowing those people to bother interested (real) customers, when this forum allows everyone to create their own thread and find the audience they seek.

So yeah, please maintain this thread and keep it clean from crap that adds nothing, and hopefully then we'll see relevant information again in this thread. Or close the damn thread as this way it becomes a useless pile of junk.
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July 15, 2015, 04:18:00 PM
 #2933

Guys i don't know if scrypt.cc will fail, is good to invest at genesis mining?
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July 15, 2015, 06:26:32 PM
 #2934

Maybe I was too quick in calling Diamond a ponzi, but you must admit promising 50% annual returns in a banner does smell pretty fishy. That's not sustainable.

I still stand by my point that nagging about not reaching ROI within a year is both unneccessary, annoying and based on strange presuppositions. Believing that 100+ % returns per annum are normal seems a little crazy (Ivan) to me. Sure crazy stuff happened in this brave new world of crypto, but taking that to be the norm is not very wise.

I've bought my contracts with Genesis in november and december of 2014 for a total sum of a little over 4800 USD. Since then I've made 3290 USD. I'm very happy indeed.

BTW crazyivan, I see no reason why the difficulty would rise 'humongously', it's been very stable the last 6 months and if it does rise, it will be because of a rise in price, which should balance it all out. The block reward halving could be a problem, but as inflation goes down the value of BTC should go up, compensating at least part of that.

=P
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July 15, 2015, 06:52:36 PM
 #2935

Dear Genesis Mining Community,

Today, July 15th 2015 we unveil a new contract for you all.

The Master Contract - a 1 Year Bitcoin Mining contract for Accelerated ROI

Example: 1 TH/s = $290 USD ($0.29 per GH/s)

More details on our website https://www.genesis-mining.com/pricing

Your Genesis Mining Team

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July 15, 2015, 07:09:58 PM
 #2936

I hope it (and others) does get moderated. I'm getting tired of reading the same whining day in day out. Either people are smart enough to make up their own minds what's good and what's not, or they should not be investing in anything crypto at all. I'm not against good solid discussion, but a huge amount of posts here is repeating crap from disgruntled people who made a bad investment and blame everyone but themselves. I don't see why Genesis Mining is allowing those people to bother interested (real) customers, when this forum allows everyone to create their own thread and find the audience they seek.

So yeah, please maintain this thread and keep it clean from crap that adds nothing, and hopefully then we'll see relevant information again in this thread. Or close the damn thread as this way it becomes a useless pile of junk.

Hey MegaMike,

I see your point and think it is good! However we don't want to manipulate and censor in any way to let everybody make up their mind as unbiased as possible. I also think it is a bit sad we are getting sometimes questionable posts that repeat themselves, especially if they are influenced by interests of competitors, but this is a burden that we have to carry if we go this way. Hope you can understand this!

Greetings,
Marco

IanFoxley
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July 15, 2015, 07:34:07 PM
 #2937

Video of the new contracts if anyone is interested.

https://youtu.be/SfWJErodZXo

Ian

julian071
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July 16, 2015, 02:28:29 PM
 #2938

Dear Genesis Mining Community,

Today, July 15th 2015 we unveil a new contract for you all.

The Master Contract - a 1 Year Bitcoin Mining contract for Accelerated ROI

Example: 1 TH/s = $290 USD ($0.29 per GH/s)

More details on our website https://www.genesis-mining.com/pricing

Your Genesis Mining Team

For anyone wondering, fees are USD 0.0015 per GH/s and day!

Edit: if you run these numbers through a mining profitability calculator, you break even after 231.72 days and end up with a net profit of USD 166,80 per TH. That is, if everything remains equal.

=P
IanFoxley
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July 16, 2015, 04:03:08 PM
 #2939

Dear Genesis Mining Community,

Today, July 15th 2015 we unveil a new contract for you all.

The Master Contract - a 1 Year Bitcoin Mining contract for Accelerated ROI

Example: 1 TH/s = $290 USD ($0.29 per GH/s)

More details on our website https://www.genesis-mining.com/pricing

Your Genesis Mining Team

For anyone wondering, fees are USD 0.0015 per GH/s and day!

Edit: if you run these numbers through a mining profitability calculator, you break even after 231.72 days and end up with a net profit of USD 166,80 per TH. That is, if everything remains equal.


Well we all know that nothing in Crypto will remain equal Smiley

julian071
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July 16, 2015, 05:22:49 PM
 #2940

Indeed. But things being as they are, at a 57% profit, it's a better investment then Diamond (the PoS Crypto) ;+D

=P
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