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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 385410 times)
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dead_m92
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October 15, 2015, 09:08:56 PM
 #3581

@genesis mining

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


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Genesis-Mining
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October 16, 2015, 12:02:09 PM
 #3582

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

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October 16, 2015, 12:48:53 PM
 #3583

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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Genesis-Mining
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October 16, 2015, 02:13:57 PM
 #3584

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
 #3585

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


I proudly mine at the KanoPool, the Best Bitcoin Pool in the World!
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October 16, 2015, 06:53:54 PM
 #3586

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

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October 17, 2015, 06:01:32 AM
 #3587

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
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October 17, 2015, 07:50:40 AM
 #3588

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

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October 17, 2015, 09:03:11 AM
 #3589


For Advertisement. PM me to discuss.
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October 17, 2015, 09:29:44 AM
 #3590

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


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Roquene
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October 17, 2015, 10:55:17 AM
 #3591


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.
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October 17, 2015, 11:04:14 AM
 #3592

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

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October 17, 2015, 01:21:03 PM
 #3593

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
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October 17, 2015, 01:25:53 PM
 #3594

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

For Advertisement. PM me to discuss.
dead_m92
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October 17, 2015, 06:49:51 PM
 #3595


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
 #3596

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


I proudly mine at the KanoPool, the Best Bitcoin Pool in the World!
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October 18, 2015, 10:45:44 PM
 #3597

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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October 20, 2015, 12:57:29 AM
 #3598

Up to 10/18/2015...


I proudly mine at the KanoPool, the Best Bitcoin Pool in the World!
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October 20, 2015, 09:05:34 AM
 #3599

Up to 10/18/2015...


Thanks for the new graphics.
Makes it so more clear.

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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October 20, 2015, 12:45:47 PM
 #3600

Thanks for the new graphics.
Makes it so more clear.

The more i see that graph, the more like the old Coin-op game Defender it becomes... Smiley

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