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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 381749 times)
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IanFoxley
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October 14, 2015, 07:21:00 PM
 #3581

They have not finished, I still have the same total number of TH's, and have not received any communication that the contracts would be terminated.

Well officially there has been no news, but if they are supposed to have been terminated after 20 days then 20 days has long since passed. BTC is now at 254 USD and the next difficulty change looks like it might be the same or even a small drop so if my contract tomorrow still has no payout then surely it is finished and that is that.

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dead_m92
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October 14, 2015, 07:38:26 PM
 #3582

They have not finished, I still have the same total number of TH's, and have not received any communication that the contracts would be terminated.

Well officially there has been no news, but if they are supposed to have been terminated after 20 days then 20 days has long since passed. BTC is now at 254 USD and the next difficulty change looks like it might be the same or even a small drop so if my contract tomorrow still has no payout then surely it is finished and that is that.


i got a very little payout on my old contract of 0,00000857 BTC but i have 3 other old contracts no payout there so i dont know i will just wait for tomorrow

clgrissom3
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October 15, 2015, 08:41:34 PM
 #3583

Up to 10/14/2015...starting to head in the right direction.  Difficulty was up just a bit but it wasn't enough to change the line.


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dead_m92
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October 15, 2015, 09:08:56 PM
 #3584

@genesis mining

could we get a clear statement whats the current status with the old contracts with 20 fee is?


Genesis-Mining
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October 16, 2015, 12:02:09 PM
 #3585

Hello dead_m92,

since the price and difficulty situation led to a 0 return in 20 consecutive days the 0.002 USD per GHs per day contracts had to be closed.

If you have any more question regarding this, please don't hesitate to contact our support via contact@genesis-mining.com and you will get individual support!

Your Genesis Mining Team

dead_m92
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October 16, 2015, 12:48:53 PM
 #3586

Hello dead_m92,

since the price and difficulty situation led to a 0 return in 20 consecutive days the 0.002 USD per GHs per day contracts had to be closed.

If you have any more question regarding this, please don't hesitate to contact our support via contact@genesis-mining.com and you will get individual support!

Your Genesis Mining Team

and why did i still get an payout or something like that 2 days ago=??? Some mistake of you ?

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October 16, 2015, 02:13:57 PM
 #3587

and why did i still get an payout or something like that 2 days ago=??? Some mistake of you ?

Hi Dead_M92

Please contact our support team and then we can work out which contract you are writing about and the fees etc.

Thanks

Genesis Mining.


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October 16, 2015, 04:01:22 PM
 #3588

Up to 10/15/2015...starting a noticeable upswing in the past couple of days.


Try Kano CKPool - Tip Addy: 1EAbq69WSa1mNKkoWraEyUfqZkcjDcCzYm
Genesis-Mining
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October 16, 2015, 06:53:54 PM
 #3589

How beautiful Iceland is!
Do you remember the exclusive gallery BI (Business Insider) was showing from our mining farm there? It is here:

http://uk.businessinsider.com/photos-iceland-bitcoin-mine-genesis-mining-cloud-2015-8?IR=T

biggbox
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October 17, 2015, 06:01:32 AM
 #3590

Can GM confirm if affiliate codes are working?

1. Key in affiliate code. Promotion Code valid, total price reflected the discount.

2. Went to confirmation page where it ask you to send BTC. The price did not reflect the discount.

3. Paid for the amount reflected (silly of me).

4. Affiliate did not receive bonus hash power.

1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
Genesis-Mining
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October 17, 2015, 07:50:40 AM
 #3591

Can GM confirm if affiliate codes are working?

1. Key in affiliate code. Promotion Code valid, total price reflected the discount.

2. Went to confirmation page where it ask you to send BTC. The price did not reflect the discount.

3. Paid for the amount reflected (silly of me).

4. Affiliate did not receive bonus hash power.

Can you contact our support about this. contact@genesis-mining.com

This is because we have no idea of your GM login details on the forum so we can not look into your account etc.

Thanks

elrippo
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October 17, 2015, 09:03:11 AM
 #3592


.BitDice.               ▄▄███▄▄
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dead_m92
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October 17, 2015, 09:29:44 AM
 #3593

They have not finished, I still have the same total number of TH's, and have not received any communication that the contracts would be terminated.

Now they are finished. GM loves so much his customers he will stab them in the back whenever he can. It's a shame they finished our contracts because the miners we paid for are now making profit even with 2$ / TH / day. Our profit is going right now in GM and Marco's pockets.


I'll never again re-invest here and strongly advice you to do the same. I also left a negative feedback on their profile and advice all the oldest customers to do the same.

How beautiful Iceland is!
Do you remember the exclusive gallery BI (Business Insider) was showing from our mining farm there? It is here:

http://uk.businessinsider.com/photos-iceland-bitcoin-mine-genesis-mining-cloud-2015-8?IR=T





i partly agree its sad now with the price rising our contracts are determinated but contract is contract unfortunatly


Roquene
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October 17, 2015, 10:55:17 AM
 #3594


Now they are finished. GM loves so much his customers he will stab them in the back whenever he can. It's a shame they finished our contracts because the miners we paid for are now making profit even with 2$ / TH / day. Our profit is going right now in GM and Marco's pockets.

Not sure if i understand the problem here.
The contracts where not longer profitable for over 20 days; so they were terminated.
This was agreed in the contract that way. And you signed this Agreement.

It is annoying when the contract is worth again shortly after the end. But that is not the fault of GM.
They could not know that the Bitcoin price rises again.

Or did they canceled the Contract to early?
This would be of course something else.

By the way you can see on the GM website under 'My account> My orders' if the contract is still running.
Should at least be so. A notice from GM would be nice, however, that's right.


And since it is apparently always forgotten:

Bitcoin / Cloud Mining is highly speculative, high-risk investments
in an experimental, ever-changing new cryptographic currency,
not magic money printing machine.
IanFoxley
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October 17, 2015, 11:04:14 AM
 #3595

Well payouts stopped for some people including myself on Mining Day 17.09.2015

Its almost a month now since that day.

BTC price has only been going up the last few days, and it was around the 5th or 6th October when the 20 days was up. BTC price on the 6th October for example was still in the 240's.

So I would say that there was definitely 20 days of no payouts.


GM did post a notice here
https://bitcointalk.org/index.php?topic=602022.msg12701224#msg12701224

AltFaucets
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October 17, 2015, 01:21:03 PM
 #3596

How beautiful Iceland is!
Do you remember the exclusive gallery BI (Business Insider) was showing from our mining farm there? It is here:

http://uk.businessinsider.com/photos-iceland-bitcoin-mine-genesis-mining-cloud-2015-8?IR=T

Thanks for sharing this link Smiley I have not seen this article.

Few years ago I was in Iceland for several months. I did not check whether Your location is official, but can you say in which city are you located or in what part of the country? My guess is that in the neighbourhood of Reykjavik Wink I lived in Hafnarfjordur and later Reykjavik near to Skeifan.

That's right Iceland is beautiful - that's another planet Wink
elrippo
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October 17, 2015, 01:25:53 PM
 #3597

Well payouts stopped for some people including myself on Mining Day 17.09.2015

Its almost a month now since that day.

BTC price has only been going up the last few days, and it was around the 5th or 6th October when the 20 days was up. BTC price on the 6th October for example was still in the 240's.

So I would say that there was definitely 20 days of no payouts.


GM did post a notice here
https://bitcointalk.org/index.php?topic=602022.msg12701224#msg12701224

What FEES do you have in your contract, 0,0020$/day/GH  Roll Eyes
I have an 0,0019$/day/GH contract and mine is paying again. It stopped on 17.09.2015, had a little hickup on 18'th, stopped again and picked up on 23'rd again. Since then continuously paying out DUST, but it's paying  Grin

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dead_m92
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October 17, 2015, 06:49:51 PM
 #3598


Now they are finished. GM loves so much his customers he will stab them in the back whenever he can. It's a shame they finished our contracts because the miners we paid for are now making profit even with 2$ / TH / day. Our profit is going right now in GM and Marco's pockets.

Not sure if i understand the problem here.
The contracts where not longer profitable for over 20 days; so they were terminated.
This was agreed in the contract that way. And you signed this Agreement.


It's never too late to change a bad regulation.

Cloudmining is an industry which will need re-investment. If GM choose to lose all their early customers and is not willing to make some gestures of goodwill (for exemple : not finish contracts after 20 days if BTC price goes up and mining turns profitable again) it's a business choice and I can't agree with it.

One option would be that they collect the profitable money now and store it until their fees are covered for the 30 days without profit and then start payout again.

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October 18, 2015, 07:15:37 PM
 #3599

Up to 10/17/2015...more upswing...


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October 18, 2015, 10:45:44 PM
 #3600

Hi how long is the roi here? Sorry for newby questions, but I didn't get If it is possible to actually roi here or not.
Thanks

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