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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 381988 times)
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IanFoxley
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September 17, 2015, 08:23:35 PM
 #3201

Have u guys seen this  Roll Eyes


Some weeks back


Right now!

Maybe Project X , not sure but maybe  Smiley

Source Website:  http://www.bitcoinupdate.nl/home/genesis-mining-verlaagd-mining-maintenance-fee-en-hoe-zit-het-met-x11-mining-contracten




It will not be Project X, they have only mentioned X11 in the webinars so perhaps this means that X11 is just around the corner now.
Only reason Scrypt is still there is because of some users still probably having Scrypt. Do not forget that in September last year they were selling 1 year, 1.5 Year and 2 year Scrypt contracts so there could be still a few scrypt users using the interface. Thats my guess anyway.


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Genesis-Mining
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September 18, 2015, 05:51:24 AM
 #3202

Hey All,

Exciting times ahead.

Be prepared for a major announcement coming up next week!


Marco Streng

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September 18, 2015, 08:07:08 AM
 #3203

Have u guys seen this  Roll Eyes


Some weeks back


Right now!

Maybe Project X , not sure but maybe  Smiley

Source Website:  http://www.bitcoinupdate.nl/home/genesis-mining-verlaagd-mining-maintenance-fee-en-hoe-zit-het-met-x11-mining-contracten




It will not be Project X, they have only mentioned X11 in the webinars so perhaps this means that X11 is just around the corner now.

Yes, X11 mining is in my eyes project X. Really exciting if that will be possible.

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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September 18, 2015, 09:59:56 PM
 #3204

So, is this thing giving up the ghost or what? Payout now under 100 satoshi per gh/s. Terrible, just terrible. Can´t wait for the usual apologists.

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September 18, 2015, 10:16:05 PM
 #3205

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

=P
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Seems I deinvested all my btc :(


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September 19, 2015, 01:25:53 AM
 #3206

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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September 19, 2015, 01:39:47 AM
 #3207

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
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September 19, 2015, 02:15:19 AM
 #3208

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.


That is only for new contracts purchased since September 16th 2015. Any contracts before have not had any maintenance fee changes.

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September 19, 2015, 02:21:13 AM
 #3209

So, is this thing giving up the ghost or what? Payout now under 100 satoshi per gh/s. Terrible, just terrible. Can´t wait for the usual apologists.

Galdur, I have sent you a PM.

Then we can look into your account for you.

Average payout yesterday for most contracts was around 186 satoshis per GH/s. This is based on payouts with maintenance fees of 0.0015 USD per GH/s

Those with maintenance fees of 0.0012 USD per GH/s had an average of around 316 satoshi per GH/s.

Regards

Genesis Mining.

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September 19, 2015, 02:24:07 AM
 #3210

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


Hi Icon.

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

Genesis Mining

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September 19, 2015, 02:28:08 AM
 #3211

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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September 19, 2015, 02:30:32 AM
 #3212

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


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

Icon


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September 19, 2015, 02:41:37 AM
 #3213

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.

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September 19, 2015, 03:51:18 AM
 #3214

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.

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September 19, 2015, 05:01:19 AM
 #3215

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.

=
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September 19, 2015, 06:07:55 AM
 #3216

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.

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September 19, 2015, 08:52:01 AM
 #3217

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%).

=P
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September 19, 2015, 10:55:45 AM
 #3218

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.

=
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September 19, 2015, 12:00:26 PM
 #3219

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
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September 19, 2015, 02:48:09 PM
 #3220

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