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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 382078 times)
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dead_m92
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October 01, 2015, 02:00:51 PM
 #3481

Hello Genesis Mining Community.

Today we are pleased to announce our X11 mining contracts.

Contracts are for 1 year in duration and all fees are included in the upfront cost, including Maintenance. So nothing more to pay and no daily fees to be removed.

Those of you who have been customers for a while will also be part of our Loyalty Program and more on that will be sent out in an email.

With our X11 contracts you can allocate hashpower to the following coins.

Dash (DRK). As Dash is an X11 native coin, this is mined directly and payouts are in DRK.

Start (START). Another X11 native coin, again mined directly.

BTC (AUTO) Using the Autotrade function on the X11 Mining allocation screen, profitable X11 coins at the time are mined and the daily payout is automatically traded to BTC and paid out as BTC.

We will be adding some more coins to allocate hashpower to soon.

Pricing

All contracts are 1 year and include all costs including maintenance, electricity. No more to pay.

If you are a member of our Loyalty Program then you will get an automatic discount of 5% off your X11 hashpower orders.

1 MH/s  = $24    ($24 per MH/s)   With Loyalty Discount $22.80 USD

20 MH/s = $420  ($21 per MH/s) With Loyalty Discount $399.00 USD

100 MH/s = $1,900.00 ($19 per MH/s)   With Loyalty Discount $1,805.00 USD
 




Sorry will not invest in this you proved once that you are not able to bring roi so i need to say goodbye even with this loyalty discount i dont see it difficulty still going up like hell no price rise.

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October 01, 2015, 02:19:51 PM
 #3482


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
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

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October 01, 2015, 02:37:10 PM
 #3483


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
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

Thanks! I'll try out your strategy for a month and then will revert the other 2 accounts to the most profitable coin. Had it been that, they mentioned about the multipool that is being used while mining BTC (auto) then that would have been much easier for end users to monitor the ups and downs of that allocation!

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October 01, 2015, 02:39:09 PM
 #3484

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.


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October 01, 2015, 02:43:35 PM
 #3485

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 .. ;(

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October 01, 2015, 06:04:58 PM
 #3486

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

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October 02, 2015, 03:33:20 AM
 #3487


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.
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October 02, 2015, 01:23:29 PM
 #3488

ending with mining day 10/1...


Try Kano CKPool - Tip Addy: 1EAbq69WSa1mNKkoWraEyUfqZkcjDcCzYm
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October 02, 2015, 01:39:52 PM
 #3489

ending with mining day 10/1...



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

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October 02, 2015, 03:17:06 PM
 #3490

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.

Try Kano CKPool - Tip Addy: 1EAbq69WSa1mNKkoWraEyUfqZkcjDcCzYm
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October 02, 2015, 05:54:12 PM
 #3491

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
 #3492

How much Average daily Profit per 1 MH/s. X11 ?
I do not know how to calculator
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October 03, 2015, 11:42:00 AM
 #3493

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


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October 03, 2015, 01:21:49 PM
 #3494

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.
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October 03, 2015, 01:42:31 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.


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.

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October 03, 2015, 02:00:48 PM
 #3496

well it looks like they have decided to lock peoples account for no reason .
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October 03, 2015, 02:15:37 PM
 #3497

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


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October 03, 2015, 02:54:56 PM
 #3498

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
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October 03, 2015, 03:44:26 PM
 #3499

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

Set to BTC (AUTO)


1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
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October 03, 2015, 03:46:19 PM
 #3500

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.

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