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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 384096 times)
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Wintermute
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January 08, 2016, 11:55:17 AM
 #3941

can someone convince me about GM services? I heard lots of rumors but I know some of them just only shouting without having experience with GM, aint gonna hear this kind of comment.

i want to hear someone who already investing in GM, what is better lifetime with 1TH or with 20Mh? And how much earning if I buy this amount? I didn't see any profit calculator on their site

There a number of people in the forums that bash legit services and promote scams. So always check things on your own.

I have invested in GM contracts for some time. It is hard to say which is "better". X11 is doing very well at the moment (please see my previous posting). SHA is a bit more difficult to predict because of difficulty increases. On the other hand, the maintenance fee for sha lifetime contracts was reduced recently. So payouts for new sha contracts are now much better, as well.

I am tracking payouts for sha and X11 and GM is doing exactly doing what they promise. As for any investment there is no guarantee for making a profit, though. Any service that promises you a profit is a scam.

Hope this helps!



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January 08, 2016, 12:09:30 PM
 #3942

Just noticed that when looking at contracts today, that the daily fee for SHA 256 Lifetime contracts is now at 0.00079 USD per GH/s

So I have purchased 50GH/s again which will be added to my payout thread, link below.  The last posts will be the newest payout info and i try and update every day when possible
https://bitcointalk.org/index.php?topic=768931.msg8666314#msg8666314


I do the thread to help some of you who have not purchased yet get an idea of what daily returns are currently. It is also useful for those that have purchased just to make sure payouts are in line with others.


Genesis-Mining
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January 08, 2016, 12:14:58 PM
 #3943

Hi Genesis Mining Community.

First of all we hope you had a Great New Year.

We saw an interesting article today so thought we would share it with you.

http://www.bloomberg.com/news/articles/2016-01-07/the-return-of-bitcoin-mining


Regards

Genesis Mining team.


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January 08, 2016, 01:29:23 PM
 #3944

can someone convince me about GM services? I heard lots of rumors but I know some of them just only shouting without having experience with GM, aint gonna hear this kind of comment.

i want to hear someone who already investing in GM, what is better lifetime with 1TH or with 20Mh? And how much earning if I buy this amount? I didn't see any profit calculator on their site

There a number of people in the forums that bash legit services and promote scams. So always check things on your own.

I have invested in GM contracts for some time. It is hard to say which is "better". X11 is doing very well at the moment (please see my previous posting). SHA is a bit more difficult to predict because of difficulty increases. On the other hand, the maintenance fee for sha lifetime contracts was reduced recently. So payouts for new sha contracts are now much better, as well.

I am tracking payouts for sha and X11 and GM is doing exactly doing what they promise. As for any investment there is no guarantee for making a profit, though. Any service that promises you a profit is a scam.

Hope this helps!

Hey Wintermute

Thank you for sharing the result and strategy. I think the reduce of cost is because the btc price went up quite a bit yes?

With MMM Global you can double your money in month
Wintermute
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January 08, 2016, 02:51:19 PM
 #3945

can someone convince me about GM services? I heard lots of rumors but I know some of them just only shouting without having experience with GM, aint gonna hear this kind of comment.

i want to hear someone who already investing in GM, what is better lifetime with 1TH or with 20Mh? And how much earning if I buy this amount? I didn't see any profit calculator on their site

There a number of people in the forums that bash legit services and promote scams. So always check things on your own.

I have invested in GM contracts for some time. It is hard to say which is "better". X11 is doing very well at the moment (please see my previous posting). SHA is a bit more difficult to predict because of difficulty increases. On the other hand, the maintenance fee for sha lifetime contracts was reduced recently. So payouts for new sha contracts are now much better, as well.

I am tracking payouts for sha and X11 and GM is doing exactly doing what they promise. As for any investment there is no guarantee for making a profit, though. Any service that promises you a profit is a scam.

Hope this helps!

Hey Wintermute

Thank you for sharing the result and strategy. I think the reduce of cost is because the btc price went up quite a bit yes?


Maintenance fee reduction is probably related to more efficient hardware and electricity prices.

Some services fix the hardware prices in BTC, which to a certain extent might make sense, but is bad if the BTC price goes up. GM is known for fixing their prices in USD and kept prices constant when the BTC price went up in the past (which is good for its clients).

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January 08, 2016, 03:52:32 PM
 #3946

can someone convince me about GM services? I heard lots of rumors but I know some of them just only shouting without having experience with GM, aint gonna hear this kind of comment.

i want to hear someone who already investing in GM, what is better lifetime with 1TH or with 20Mh? And how much earning if I buy this amount? I didn't see any profit calculator on their site

There a number of people in the forums that bash legit services and promote scams. So always check things on your own.

I have invested in GM contracts for some time. It is hard to say which is "better". X11 is doing very well at the moment (please see my previous posting). SHA is a bit more difficult to predict because of difficulty increases. On the other hand, the maintenance fee for sha lifetime contracts was reduced recently. So payouts for new sha contracts are now much better, as well.

I am tracking payouts for sha and X11 and GM is doing exactly doing what they promise. As for any investment there is no guarantee for making a profit, though. Any service that promises you a profit is a scam.

Hope this helps!

Hey Wintermute

Thank you for sharing the result and strategy. I think the reduce of cost is because the btc price went up quite a bit yes?


Maintenance fee reduction is probably related to more efficient hardware and electricity prices.

Some services fix the hardware prices in BTC, which to a certain extent might make sense, but is bad if the BTC price goes up. GM is known for fixing their prices in USD and kept prices constant when the BTC price went up in the past (which is good for its clients).



It's very important to note tho, that maintenance prices will not go down on existing contracts. For that reason, I am still under water after a year of mining with Genesis-mining. You're really better off just buying and hodling BTC if you were planning to invest in SHA.

However, you might also have other reasons to invest other then ROI, for example you want to be part of the mining scene. In that case investing in SHA mining might still be for you.

And maybe X11 is better?

=P
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January 08, 2016, 06:20:40 PM
 #3947

Or maybe try a hosting service that lets you sell your position giving a real chance at "roi."
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January 08, 2016, 06:49:47 PM
 #3948

Or maybe try a hosting service that lets you sell your position giving a real chance at "roi."
And have the risk the whole operation been shut down by law, you lose everything, no thank you.


Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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January 08, 2016, 06:58:11 PM
 #3949

I have been using Genesis Mining for quite some time now and everything seems to be legit (at least). For several weeks, I have gone into mining with them by purchasing a 1.5 mh/s X11 contract. Just to be safe, I have invested a minimal amount, but as soon as I get ROI (if I did), then I will upgrade my hashrate. Does anybody know how long it would take approximately to reach ROI with a 1 year contract of x11 mining algorithm?  Huh

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January 08, 2016, 07:14:38 PM
 #3950

Let`s not forget the Ether mining, i think that is gonna be HUGE!
Microsoft is even investing in it, and the network around it.

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
loki0505
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January 08, 2016, 07:43:43 PM
 #3951

ETH is about to be 1:1 with US Dollar!!   Grin

GET ETH NOW!
IanFoxley
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January 09, 2016, 09:22:10 AM
 #3952

Sooooo how many of you got paid double yesterday??

I guess it was an accident.

Did anyone else get 2 payouts the same?

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January 09, 2016, 10:23:57 PM
 #3953

Sooooo how many of you got paid double yesterday??

I guess it was an accident.

Did anyone else get 2 payouts the same?

I bet it was just a mistake when processing the payouts for yesterday. Just checked mine and payouts were the same or close to one another in terms of amount paid. That means you got lucky then. Here you can see a list of my previous payouts, just in case  Roll Eyes


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January 10, 2016, 04:03:43 AM
 #3954

To those who are interested in Ether mining and wish to avoid the hassle of setting up Ether wallet, get a Poloniex account and generate an Ether address. Hopefully, 6 months down the road Ether wallet matures and you could transfer the Ethers.



1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
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January 11, 2016, 06:57:58 AM
 #3955

Time to share my experience

The only reason i joined was because i didn't take the daily maintenance fee into account properly, otherwise i would never have joined.. Why? Because if you purchase sha256 mining, nearly 45% of your daily profit at (93,448,670,796 difficulty) goes into the maintenance
So i decided to ask for a refund since they claimed to offer a 5 day moneyback guarantee...At first i got an e-mail saying that the contracts are non cancelable blah blah, however after insisting they agreed to refund me

So i should have got refunded what i invested minus what i have earned so far, however i got ripped of by about 0.03 Btc ~ 15$..

For those still wondering if they should or not invest in cloud mining, here is the stats to help you make a decision

1TH's purchased for 0.975 Btc ~ $419 at 93,448,670,796 Difficulty will generate after fees 0.0031 Btc ~ $1.33 daily
So even without any difficulty increase you will still need nearly 1 year to just break even... And in about 20 hours the difficulty will increase by about 12% so the same contract will only generate $1.187 instead of $1.33 in Btc profit daily


Is this true? Has Genesis honored a 5 day money back guarantee? I signed up less than 48 hrs ago (paid in bitcoin), and I've just requested a full refund. If Genesis is legit I have nothing to worry about but... Any help would be much appreciated.
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January 11, 2016, 08:08:18 AM
 #3956

Hi Genesis Mining Community

We have a treat for you here until Midnight UTC timezone tomorrow.

Use code BTCT10 to get 10% off Ether and X11 contracts.

This does not work for SHA 256 contracts, just those mentioned.

Happy Mining Guys and Gals.

Genesis Mining

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January 11, 2016, 02:03:15 PM
 #3957

hey! I want to mine cryptonight  Cry
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January 11, 2016, 02:15:33 PM
 #3958

Could we have some details about the fees? Cause here i just get a random number everyday without any mean to know where they come from...

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January 11, 2016, 02:28:12 PM
 #3959

Could we have some details about the fees? Cause here i just get a random number everyday without any mean to know where they come from...

Fees are in your contract .


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January 11, 2016, 05:22:33 PM
 #3960

Hi Genesis Mining Community

We have a treat for you here until Midnight UTC timezone tomorrow.

Use code BTCT10 to get 10% off Ether and X11 contracts.

This does not work for SHA 256 contracts, just those mentioned.

Happy Mining Guys and Gals.

Genesis Mining

Sadly, unable to utilise your discount code because your login page is down. Wanted to get Ether.

Hi Everyone.

Just to let you know, at this moment in time, there are  issues with Logins and access to your mining interface.

We will hope to have it fixed very soon.

Any mining and payouts etc will carry on as normal.

I will update this post when we have more news.

Regards

Genesis Mining

Please get it fixed ASAP, before your discount code expires. Sad

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