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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 385410 times)
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clgrissom3
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October 01, 2015, 02:39:09 PM
 #3481

ending with mining day 9/30...there was a difficulty increase today of +2.49% to 60,813,224,039 but we won't see the effects until tomorrow.


I proudly mine at the KanoPool, the Best Bitcoin Pool in the World!
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IanFoxley
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October 01, 2015, 02:43:35 PM
 #3482

ending with mining day 9/30...there was a difficulty increase today of +2.49% to 60,813,224,039 but we won't see the effects until tomorrow.

That is a bummer as that is probably gonna mean the nail in the coffin nail for those with the older contracts like myself and the others.

Wish someone could make BTC go up to about 240-245 USD even just for a day or so...Anything to reset this 20 days of no payouts term in the contract .. ;(

Genesis-Mining
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October 01, 2015, 06:04:58 PM
 #3483

Hi Everyone.

Webinar is up now

https://www.youtube.com/watch?v=bwCDI4axuKg&feature=youtu.be

If you have any questions to ask us then you can post your questions on Twitter using hashtag ‪#‎GenesisLive‬ or write an email to live@genesis-mining.com!

Thanks

Genesis Mining

StevenLiang
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October 02, 2015, 03:33:20 AM
 #3484


My first X11 payouts, not for a full 24 hours mining were the following. Based on 1MH/s

Dash 0.01593240 DRK

Startcoin 1.32863389

Payouts tomorrow will be a full 24 hours so should get a better idea. For some reason my BTC (AUTO) X11 payouts ended up being paid out as Dash as well, so not sure if i messed up or was something else.

I had purchased 3 x 1 MH/s X11 contracts so I could get a payout of each to share with users in my thread or youtube channel in future.
What is your present allocation percentage of Dash and Startcoin ? Btw, will Startcoin be the most profitable among the two? (I thought of trying out a 3Mh/s hashpower) Let's hope all goes well Smiley

I opened 3 seperate accounts so i could have 100 percent on each choice as I want to make sure that everything is proper.

Having 3MH/s on an account could have led to issues as each would have had to have been set with 33.3333% etc.

I guess I will have to keep an eye on somewhere like Coinwarz to see which one is the most profitable.. I guess if you use BTC (AUTO) it will just do whichever is profitable or it could be that they have hashpower on an X11 multipool for BTC (AUTO) which is more than just Startcoin and Dash and all the other X11 coins too. I do not know.

Just thinking back to when Scrypt users could have BTC (AUTO)
Ian

If i were you, maybe i will analyze it all in one account. Thanks for your perfect and proper reviews, Ian.

I think when we use BTC (AUTO), the average daily profits will earned from all scrypt coins automatically.

It is auto, and the profit will not much as focused coin/contracts. IMO

PM.
clgrissom3
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October 02, 2015, 01:23:29 PM
 #3485

ending with mining day 10/1...


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elrippo
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October 02, 2015, 01:39:52 PM
 #3486

ending with mining day 10/1...



When did your contract start? What fees do you have on your contract?

For Advertisement. PM me to discuss.
clgrissom3
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Carl, aka Sonny :)


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October 02, 2015, 03:17:06 PM
 #3487

ending with mining day 10/1...



When did your contract start? What fees do you have on your contract?

My contract for 1.5TH/s started on Aug 24, 2015 and the fees are $0.0015 per GH/s.

I proudly mine at the KanoPool, the Best Bitcoin Pool in the World!
elrippo
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October 02, 2015, 05:54:12 PM
 #3488

ending with mining day 10/1...



When did your contract start? What fees do you have on your contract?

My contract for 1.5TH/s started on Aug 24, 2015 and the fees are $0.0015 per GH/s.

Ok, nice. Thanks for sharing  Wink

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yazx
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October 03, 2015, 11:38:40 AM
 #3489

How much Average daily Profit per 1 MH/s. X11 ?
I do not know how to calculator
IanFoxley
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October 03, 2015, 11:42:00 AM
 #3490

How much Average daily Profit per 1 MH/s. ?
I do not know how to calculate

I have the last BTC (AUTO) payouts for 1MH/s on my thread.

https://bitcointalk.org/index.php?topic=768931.msg12588613#msg12588613


creuz
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October 03, 2015, 01:21:49 PM
 #3491

How much Average daily Profit per 1 MH/s. X11 ?
I do not know how to calculator

X11 Asics does not exists. I don't believe Genesis Mining bought GPU, and even if they did they are unable to be profitable.

So today ROI is 400 days but it is a ponzi scheme and I bet with you in 6 months your contract will be off, you final ROI will be 50% at best.
As usual they offer larger payouts first weeks to attract noobs.

This company is now an obvious scam machine.
Genesis-Mining
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October 03, 2015, 01:42:31 PM
 #3492

How much Average daily Profit per 1 MH/s. X11 ?
I do not know how to calculator

X11 Asics does not exists. I don't believe Genesis Mining bought GPU, and even if they did they are unable to be profitable.

So today ROI is 400 days but it is a ponzi scheme and I bet with you in 6 months your contract will be off, you final ROI will be 50% at best.
As usual they offer larger payouts first weeks to attract noobs.

This company is now an obvious scam machine.


First of all, thanks once again Cruez for your kind comments.

Let me answer some of your thoughts.

X11 Asics does not exists
Yes that is true, at the moment we do not see any X11 Asics on the horizon so this is good for X11 mining in general.

I don't believe Genesis Mining bought GPU, and even if they did they are unable to be profitable.
Well unfortunately for you, it is true. We have the largest GPU farms in Europe. Infact our GPU farm has been running for a long time and we now are offering users the chance to cloudmine X11 using it.

In our last webinar, CEO Marco Streng showed some video clips of our GPU farm and if you look around on the internet there are some pictures from 2014 taken at one of our GPU farms.
https://youtu.be/bwCDI4axuKg?t=8m12s

I bet with you in 6 months your contract will be off, you final ROI will be 50% at best.
X11 mining contracts can not end because the maintenance fees are paid upfront so unlike our Scrypt Lifetime contracts from the past and our Lifetime SHA 256 contracts there is no daily fees to come out.

This company is now an obvious scam machine.
Thanks for your opinion. I am sure others can look at what we post online, pictures of our staff, our farms, our videos and live streaming etc and judge for themselves.

Borgminer
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October 03, 2015, 02:00:48 PM
 #3493

well it looks like they have decided to lock peoples account for no reason .
Genesis-Mining
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October 03, 2015, 02:15:37 PM
 #3494

well it looks like they have decided to lock peoples account for no reason .

Are you referring to Genesis Mining accounts or accounts here on Bitcointalk?

We do not lock peoples accounts for no reason.

If your account is locked, then contact us at support or send me a PM here with your username and we can get it unlocked.

Thanks


Zeta0S
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October 03, 2015, 02:54:56 PM
 #3495

How much Average daily Profit per 1 MH/s. X11 ?
I do not know how to calculator

X11 Asics does not exists. I don't believe Genesis Mining bought GPU, and even if they did they are unable to be profitable.

So today ROI is 400 days but it is a ponzi scheme and I bet with you in 6 months your contract will be off, you final ROI will be 50% at best.
As usual they offer larger payouts first weeks to attract noobs.

This company is now an obvious scam machine.

Ow yes the do get GPU`s already in end 2013 or begin 2014 i believe.

photo source: http://www.bitcoinupdate.nl/home/genesis-mining-bied-al-eerste-x11-cloudmining-aan

well it looks like they have decided to lock peoples account for no reason .
I get locked sometimes due to incorrect password, send a email to support and they unlock it. Mining will continue even if locked.

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
biggbox
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October 03, 2015, 03:44:26 PM
 #3496

Bought 1 MH/S X11 hash from GM - received payout: 0.00015965

Set to BTC (AUTO)


1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
IanFoxley
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October 03, 2015, 03:46:19 PM
 #3497

Bought 1 MH/S X11 hash from GM - received payout: 0.00015965

Set to BTC (AUTO)

That payout is small, perhaps you got your contract half way through a mining day when you purchased it.

Zeta0S
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October 03, 2015, 03:50:14 PM
 #3498

Bought 1 MH/S X11 hash from GM - received payout: 0.00015965

Set to BTC (AUTO)

That payout is small, perhaps you got your contract half way through a mining day when you purchased it.

Yeh, that`s it.

@IanFoxley, did you get on Auto btc also a Dash payout the first two days?

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
IanFoxley
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October 03, 2015, 03:54:43 PM
 #3499

Bought 1 MH/S X11 hash from GM - received payout: 0.00015965

Set to BTC (AUTO)

That payout is small, perhaps you got your contract half way through a mining day when you purchased it.

Yeh, that`s it.

@IanFoxley, did you get on Auto btc also a Dash payout the first two days?

My first days payout was Dash when it should have been BTC, so I then reset the settings and allocated it again to BTC (AUTO) and since then its been ok.
So out of the 3 BTC payouts so far, one was wrong and the other two have been ok.

I have 3 accounts set up....One for each payout type...so can post daily payouts for each type at 1MH/s each

Indianacoin
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October 03, 2015, 04:18:21 PM
 #3500

I think x11 mining is the right leap towards stable cloud mining ecosystem. Since they initiated taking upfront fees (due to their past experience with script mining), it would be easier to achieve ROI easily against the SHA-256 contract IMO. Now the best bet would be to try out a smaller contract (~1/2 MH/s) and see whether ROI is achieved after 365 days (approx).

P.S. Since cloud mining is an evenly volatile concept and is totally dependent upon the present situation of a particular cryptocurrency, so before trying out any service, be prepared to invest in what you are willing to lose. It's no different than gambling!
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