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[Genesis-Mining]

There's definitely something wrong, my payments went from 0.02something to 0.015 yesterday and 0.012 today. I have logged a call.

Okay Guys i have the same Problem as u aswell. I heard about lowering the Fees per gh/s from CryptoMiningblog.

Also my Payouts are horrible at the Moment, but this is because of the cheap BTC Price at the Moment.
I would like to have a better overview over the Mining and the finded Blocks that my Hashrates are trying to solve.

That would be great to get more transparance at genesis Mining from= how much u earned, and how much u pay for electricity

regards
lama-hunter

Unfortunately at the moment as we have posted before, if you look up in our past posts here, it is not possible at the moment to display that kind of information. We are working on that.

It is pretty easy to work out your electricity costs though. Just take your maintenance fee as it is in USD and multiply it by the amount of GH/s you have.

For example if you have 1TH/s then as your maintenance fee might be for example 0.0015 USD per GH/s per day, just multiply 0.0015 x 1000 = 1.5 or 1.50 USD. Then you can work out on various sites what 1.50 USD in bitcoin is, it will not be 100 percent accurate as BTC price varies a little on different exchanges but it will give you a good idea of how much BTC has to be removed from your payout each day for the maintenance fee.

For those with new contracts from the last few days the maintenance fee will be 0.0012 USD per GH/s per day so that will be 1.20 USD per 1TH/s that is removed from the daily payout.

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Yep says on site 610 gh/s should be getting ~ $1.22 per day. a got a massive .25 cents.. epic fail genesis
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Hi Icon.

Which site are you referring to, do you have a link. PM me please.

Genesis Mining

I know the guy that runs BDD stock uses that site too thought i would add it here so others could see what they could be making  <.. before fees/pps (i am guessing) payouts.


https://alloscomp.com/bitcoin/calculator

Its been around for years and used for a reference

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[galdur]

Payout 15.9 230 sat./gh/s

16.9 135

17.9 100

Well, it isn´t like I´ll go hungry and destitute or anything although I was unlucky enough to blow .23 BTC on 20 gh/s of sha and 4 mh/s of scrypt (the latter soon became about worthless) a year ago or so. Some companies you only do business with once.

[BitcoinNewsMagazine]

Antminer S7 daily maintenance fee will be half of Genesis Mining or $0.00058/GHS/day. Cost per GH/s will be roughly equal. If you want to pre-order Antminer S7 to hash right now the cost will be $0.40/GHS but you will have to buy hash equal to a full miner or 4860 GHS. Still the best deal around and publicly traded about Oct 10. I see no way Genesis Mining will be able to compete with Hashnest with the significantly lower maintenance fees of S7. And unlike Genesis Mining you can sell your hashing power any time you like.

[crazyearner]

Antminer S7 daily maintenance fee will be half of Genesis Mining or $0.00058/GHS/day. Cost per GH/s will be roughly equal. If you want to pre-order Antminer S7 to hash right now the cost will be $0.40/GHS but you will have to buy hash equal to a full miner or 4860 GHS. Still the best deal around and publicly traded about Oct 10. I see no way Genesis Mining will be able to compete with Hashnest with the significantly lower maintenance fees of S7. And unlike Genesis Mining you can sell your hashing power any time you like.

Was looking into Genesis mining but now like you said above Hashnest comparing to others is miles better in fees and a lot of other areas too., The only thing I do not see with Hashnest you cant buy under 1TH or am looking in the wrong place. Am all for grabbing cloud hash and testing the water but got so fed up of fees with a lot of companys. Maybe hashnest can change that.

[crazyivan]

Antminer S7 daily maintenance fee will be half of Genesis Mining or $0.00058/GHS/day. Cost per GH/s will be roughly equal. If you want to pre-order Antminer S7 to hash right now the cost will be $0.40/GHS but you will have to buy hash equal to a full miner or 4860 GHS. Still the best deal around and publicly traded about Oct 10. I see no way Genesis Mining will be able to compete with Hashnest with the significantly lower maintenance fees of S7. And unlike Genesis Mining you can sell your hashing power any time you like.

Was looking into Genesis mining but now like you said above Hashnest comparing to others is miles better in fees and a lot of other areas too., The only thing I do not see with Hashnest you cant buy under 1TH or am looking in the wrong place. Am all for grabbing cloud hash and testing the water but got so fed up of fees with a lot of companys. Maybe hashnest can change that.

Yes you can buy any amount at Hashnest and sell any amount. You do need to log to the website first. However, with all these new chips around and last the diff going up 10% last month, I think cloud mining for home users is past tense. I personally have gonne out from it completely.

[julian071]

I'd really like an explanation why my payouts dropped 40% in two days while the BTC-price remained equal (in fact it rose a little).

(edit: 40% not 60%).

[crazyearner]

Antminer S7 daily maintenance fee will be half of Genesis Mining or $0.00058/GHS/day. Cost per GH/s will be roughly equal. If you want to pre-order Antminer S7 to hash right now the cost will be $0.40/GHS but you will have to buy hash equal to a full miner or 4860 GHS. Still the best deal around and publicly traded about Oct 10. I see no way Genesis Mining will be able to compete with Hashnest with the significantly lower maintenance fees of S7. And unlike Genesis Mining you can sell your hashing power any time you like.

Was looking into Genesis mining but now like you said above Hashnest comparing to others is miles better in fees and a lot of other areas too., The only thing I do not see with Hashnest you cant buy under 1TH or am looking in the wrong place. Am all for grabbing cloud hash and testing the water but got so fed up of fees with a lot of companys. Maybe hashnest can change that.

Yes you can buy any amount at Hashnest and sell any amount. You do need to log to the website first. However, with all these new chips around and last the diff going up 10% last month, I think cloud mining for home users is past tense. I personally have gonne out from it completely.

Only way I seen any amount was told using the app. However not got iphone to use their app. If diff going up in spikes like that still can be in with a chance if the prices are ok and you can at least increase stock to out weigh the difficulty increases.

[Roquene]

Wow, payouts took really a heavy hit.

Is that how you manage to give your new customers 60% more payout?
Lower the payout of the old customers? i hope not.

Date	Sat. per GH/s
17.9.2015	186
16.9.2015	223
15.9.2015	230
14.9.2015	229
13.9.2015	233
12.9.2015	250
11.9.2015	257
10.9.2015	255

[philoox]

I make the same observation.
BTC is stable around $ 230, but the payments suddenly drop out of proportion to the decline, more than 50%!

[julian071]

No answer yet on the ticket I submitted.

This simply can't be right. I hope this gets resolved.

[BitcoinNewsMagazine]

Antminer S7 daily maintenance fee will be half of Genesis Mining or $0.00058/GHS/day. Cost per GH/s will be roughly equal. If you want to pre-order Antminer S7 to hash right now the cost will be $0.40/GHS but you will have to buy hash equal to a full miner or 4860 GHS. Still the best deal around and publicly traded about Oct 10. I see no way Genesis Mining will be able to compete with Hashnest with the significantly lower maintenance fees of S7. And unlike Genesis Mining you can sell your hashing power any time you like.

Was looking into Genesis mining but now like you said above Hashnest comparing to others is miles better in fees and a lot of other areas too., The only thing I do not see with Hashnest you cant buy under 1TH or am looking in the wrong place. Am all for grabbing cloud hash and testing the water but got so fed up of fees with a lot of companys. Maybe hashnest can change that.

You have to create an account at Bitmain and then go to the Hashnest user panel. S7 hash will not be traded on the internal market until about Oct 10 at that time you can buy small amounts. Right now you have to buy hash equal to a full S7 and it will not be deployed until Oct 10.

[crazyearner]

Antminer S7 daily maintenance fee will be half of Genesis Mining or $0.00058/GHS/day. Cost per GH/s will be roughly equal. If you want to pre-order Antminer S7 to hash right now the cost will be $0.40/GHS but you will have to buy hash equal to a full miner or 4860 GHS. Still the best deal around and publicly traded about Oct 10. I see no way Genesis Mining will be able to compete with Hashnest with the significantly lower maintenance fees of S7. And unlike Genesis Mining you can sell your hashing power any time you like.

Was looking into Genesis mining but now like you said above Hashnest comparing to others is miles better in fees and a lot of other areas too., The only thing I do not see with Hashnest you cant buy under 1TH or am looking in the wrong place. Am all for grabbing cloud hash and testing the water but got so fed up of fees with a lot of companys. Maybe hashnest can change that.

You have to create an account at Bitmain and then go to the Hashnest user panel. S7 hash will not be traded on the internal market until about Oct 10 at that time you can buy small amounts. Right now you have to buy hash equal to a full S7 and it will not be deployed until Oct 10.

ahh that would explain things more clear to me as to why can not buy yet. I do have an account with them just wasn't aware of the other stuff so need to wail till 10th October in order to but as want. Am assuming that the other s5 and so on are available to buy at any amount as been out for a while or the feature of trading amounts not yet available on an till 10th?

[BitcoinNewsMagazine]

Antminer S7 daily maintenance fee will be half of Genesis Mining or $0.00058/GHS/day. Cost per GH/s will be roughly equal. If you want to pre-order Antminer S7 to hash right now the cost will be $0.40/GHS but you will have to buy hash equal to a full miner or 4860 GHS. Still the best deal around and publicly traded about Oct 10. I see no way Genesis Mining will be able to compete with Hashnest with the significantly lower maintenance fees of S7. And unlike Genesis Mining you can sell your hashing power any time you like.

Was looking into Genesis mining but now like you said above Hashnest comparing to others is miles better in fees and a lot of other areas too., The only thing I do not see with Hashnest you cant buy under 1TH or am looking in the wrong place. Am all for grabbing cloud hash and testing the water but got so fed up of fees with a lot of companys. Maybe hashnest can change that.

You have to create an account at Bitmain and then go to the Hashnest user panel. S7 hash will not be traded on the internal market until about Oct 10 at that time you can buy small amounts. Right now you have to buy hash equal to a full S7 and it will not be deployed until Oct 10.

ahh that would explain things more clear to me as to why can not buy yet. I do have an account with them just wasn't aware of the other stuff so need to wail till 10th October in order to but as want. Am assuming that the other s5 and so on are available to buy at any amount as been out for a while or the feature of trading amounts not yet available on an till 10th?

Yes you can still buy S5 hash on the Hashnest market but I would not. Price has been in a steady downtrend. Wait for S7 to start trading.

[Soylent_Green]

Looks like the new lower fees also don't work correct.
Had 0.075 TH and bought 0.35 TH on Thursday (September 17th)

But the current Payout is only 174 Sat. per GH/s

So i still have the high fees (and the rewards are generally even further down).

Can not say that I am very happy.

[fairglu]

For me todays's payout represent a drop of almost 75% compared to a few days ago, while price went slightly up & difficulty only a notch up during the same time, so there is clearly something not clear. :/

[galdur]

Has anyone received payout for mining day 18.9? Nothing here and it´s the twentieth where I am.

The 17th was 100 sat. per gh/s like I posted above.

[tokingtoking]

weird, payout has dropped to a very low.

[alienesb]

weird, payout has dropped to a very low.

Yeah this new infrastructure rocks!

[tokingtoking]

weird, payout has dropped to a very low.

Yeah this new infrastructure rocks!

Wondering what reason from GMs PR regarding this.
Hope not the exchange rate (again), really.