Zeta0S
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Activity: 1890
Merit: 1031
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August 19, 2015, 01:08:19 AM |
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Humm where is today's payout?
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It`s in my wallet
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August 19, 2015, 02:00:44 AM |
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ya just got mine, normally i get it in the mid day anyways was going to remove my post.. till you replied to it Icon
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rogelio11
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Activity: 15
Merit: 0
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August 19, 2015, 02:02:07 AM |
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got my payout today
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worldinacoin
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August 19, 2015, 02:14:17 AM |
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Hows the ROI like for genesis-mining?
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tokingtoking
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August 19, 2015, 03:18:56 AM |
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got my payout today is it as usual nominal or lower as usual? (mine is lower as usual)
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rogelio11
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August 19, 2015, 03:39:43 AM Last edit: August 19, 2015, 04:05:02 AM by rogelio11 |
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got my payout today is it as usual nominal or lower as usual? (mine is lower as usual) it will vary depending on bitcoin's price, difficultly, etc. there is no exact amount per day. my payout today was lower due to bitcoin prices, etc. . hopefully it will rise again in the future.
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IanFoxley
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Merit: 1000
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August 19, 2015, 05:02:37 AM |
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got my payout today is it as usual nominal or lower as usual? (mine is lower as usual) Yep, like Hashnest etc, the daily maintenance fee can affect payouts if Bitcoin falls in price against USD, EURO etc. So when GM do the payouts they are taking out the fee at the latest BTC/USD exchange rate so if Bitcoin has fallen in value then it affects the amount that is taken for maintenance. I believe Bitcoin fell under 200 USD earlier today..is hanging around 232 USD on Bitstamp as i write this.
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Human1000
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August 19, 2015, 05:16:09 AM |
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Anyone has any idea what rate would bitcoin need to drop to in order for genesis mining to consider it not profitable for them to mine?
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IanFoxley
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Merit: 1000
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August 19, 2015, 05:21:25 AM |
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Anyone has any idea what rate would bitcoin need to drop to in order for genesis mining to consider it not profitable for them to mine?
You can do work it out by going here https://bitcoinwisdom.com/bitcoin/difficultyThen enter 1 TH/s into the calculator. THe daily fee for 1TH/s is 1.50, so if you lower the amount in the BTC/USD box down to around 160 USD you will see that with 1TH/s Bitcoin would mine about 1.50 USDs worth of Bitcoin a day which is about the same as the fee. This wont be completely exact though but gives you an idea.. I would think 165 USD would be a safe estimate as sometimes when mining you can good and bad days. The next difficulty change might be a small drop which might help abit, if Bitcoin keeps dropping in value the hashrate might actually go down abit as it could start becoming more unprofitable to mine and that will lower the difficulty. Only problem is that each difficulty change takes 2 weeks. Ian
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Human1000
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August 19, 2015, 06:02:47 AM |
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Thanks Ian, you're always very helpful:)!
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IanFoxley
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August 19, 2015, 06:07:19 AM |
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Thanks Ian, you're always very helpful:)!
I try, dont forget to check out my daily payout thread and also my videos although not really updated those for a while.
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Human1000
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August 19, 2015, 06:17:39 AM |
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Thanks Ian, you're always very helpful:)!
I try, dont forget to check out my daily payout thread and also my videos although not really updated those for a while. Yea i have seen them:)
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scryptongoloidhuhuhu
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August 19, 2015, 01:50:35 PM Last edit: August 19, 2015, 02:02:50 PM by scryptongoloidhuhuhu |
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The last payout for 1TH/s after the maintenance fee of 1.50 USD was deducted was 0.00370060
If I would invest for 6 TH/s, it means I need much money to earn much as well. The rewards is really are very small and the electricity/maintenance still is expensive.
My question is about the accelerated roi contract what is the difference of its reward payout?, thanks.
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IanFoxley
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Activity: 910
Merit: 1000
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August 19, 2015, 02:31:54 PM |
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The last payout for 1TH/s after the maintenance fee of 1.50 USD was deducted was 0.00370060
If I would invest for 6 TH/s, it means I need much money to earn much as well. The rewards is really are very small and the electricity/maintenance still is expensive.
My question is about the accelerated roi contract what is the difference of its reward payout?, thanks.
The payout is just the same as I have both types.. It is just the upfront cost that is cheaper. The fees are the same too.
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scryptongoloidhuhuhu
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August 19, 2015, 03:03:26 PM |
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The last payout for 1TH/s after the maintenance fee of 1.50 USD was deducted was 0.00370060
If I would invest for 6 TH/s, it means I need much money to earn much as well. The rewards is really are very small and the electricity/maintenance still is expensive.
My question is about the accelerated roi contract what is the difference of its reward payout?, thanks.
The payout is just the same as I have both types.. It is just the upfront cost that is cheaper. The fees are the same too. Ah thanks Ianfoxley, it is clear for me now. At Hashnest, are the payouts the same as Genesis-mining? Thank you.
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IanFoxley
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Activity: 910
Merit: 1000
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August 19, 2015, 03:06:16 PM |
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The last payout for 1TH/s after the maintenance fee of 1.50 USD was deducted was 0.00370060
If I would invest for 6 TH/s, it means I need much money to earn much as well. The rewards is really are very small and the electricity/maintenance still is expensive.
My question is about the accelerated roi contract what is the difference of its reward payout?, thanks.
The payout is just the same as I have both types.. It is just the upfront cost that is cheaper. The fees are the same too. Ah thanks Ianfoxley, it is clear for me now. At Hashnest, are the payouts the same as Genesis-mining? Thank you. You can take a look here https://bitcointalk.org/index.php?topic=768931.msg12180859#msg12180859
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August 20, 2015, 01:26:52 AM |
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The last payout for 1TH/s after the maintenance fee of 1.50 USD was deducted was 0.00370060
If I would invest for 6 TH/s, it means I need much money to earn much as well. The rewards is really are very small and the electricity/maintenance still is expensive.
My question is about the accelerated roi contract what is the difference of its reward payout?, thanks.
ATM Life time contracts are 3/4 of rewards toward fees 1 year contracts are 1/2 rewards toward fees Icon
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Genesis-Mining (OP)
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August 20, 2015, 12:11:14 PM |
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Hi Genesis Mining community We would like to announce our 2nd Live Webinar, which is happening today! We have something BIG to announce during the event. Join the live stream where our CTO, Stefan Schindler will broadcast live from inside one of our mining farms in Iceland! It starts at • 3 pm EDT (Eastern Daylight Time, US), 20th Aug • 4 pm BST (Brasília Time), 20th Aug • 9 pm CET (Central European Time), 20th Aug • 3 am CTZ (China Time Zone), 21th 20th Aug We've been planning this idea for over 5 months and it will be the first public announcement regarding what we've been up to! Reserve your seat here: https://plus.google.com/u/0/events/c8hjdc0ncm4371je8jgltpmc6ecAnd mark questions on Twitter with #GenesisLive! Best Regards Your Genesis Mining Team
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scryptongoloidhuhuhu
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Activity: 28
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August 20, 2015, 04:35:34 PM |
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The last payout for 1TH/s after the maintenance fee of 1.50 USD was deducted was 0.00370060
If I would invest for 6 TH/s, it means I need much money to earn much as well. The rewards is really are very small and the electricity/maintenance still is expensive.
My question is about the accelerated roi contract what is the difference of its reward payout?, thanks.
ATM Life time contracts are 3/4 of rewards toward fees 1 year contracts are 1/2 rewards toward fees Icon yes, at lifetime contract, the fees are much higher thaan tthe rewards
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Zeta0S
Legendary
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Activity: 1890
Merit: 1031
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August 20, 2015, 04:41:44 PM |
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Hi Genesis Mining community We would like to announce our 2nd Live Webinar, which is happening today! We have something BIG to announce during the event. Join the live stream where our CTO, Stefan Schindler will broadcast live from inside one of our mining farms in Iceland! It starts at • 3 pm EDT (Eastern Daylight Time, US), 20th Aug • 4 pm BST (Brasília Time), 20th Aug • 9 pm CET (Central European Time), 20th Aug • 3 am CTZ (China Time Zone), 21th 20th Aug We've been planning this idea for over 5 months and it will be the first public announcement regarding what we've been up to! Reserve your seat here: https://plus.google.com/u/0/events/c8hjdc0ncm4371je8jgltpmc6ecAnd mark questions on Twitter with #GenesisLive! Best Regards Your Genesis Mining Team If the Hotel Wifi is stable i join the Announcement
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