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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 384095 times)
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Borgminer
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March 05, 2016, 09:45:57 AM
 #4161

agreed contracts a way overpriced . impossible to break even on sha256 contracts
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March 05, 2016, 05:26:56 PM
 #4162

Well, every operation that has been unable to disclose a mining address and proof of mining has suddenly disappeared and there has been no reason to believe that this would be any exception.

sadly i would agree ;\

We provided a number of photos and videos from our farms. There are testimonials from several hardware manufacturers on our webpage. For some time we also provided some mining addresses to proof that we have a couple of PH/s (we posted the addresses here on bitcointalk). We post pictures from our team and are on all major conferences around the world. And we are in this business for more than two years and we will continue in doing so.

Your Genesis Mining Team



ok so str8 up, what pool do you use, and why not your own if "your a world leader" in this sector?
how much power do you own? its that simple, not "a couple ph, months ago"     why can you not tell your customers? (fractional mining maybe?)
just be transparent OMG how hard is that are you familar with gethashing's platform? it's not a security issue to be transparent, grow up
why no way out or upgrade on contracts? 100,000 satisfied customers? take the poll again....
you say a hash market like other places is a legal issue, you are full of shit, do you think we are dumb? as long as there no fiat exchanged in that market (btc to ghs and vice versa)  ITS NOT A LEGAL ISSUE STOP LYING, you just dont want us to have a way out, simple.
EVEN ZEUSHASH offeres a new old to new upgrade program, are you saying the chinese care more about our accounts than you?
i await your responses but you will prob just ignore the questions as usual
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March 06, 2016, 09:18:44 AM
 #4163

I have also not received any payouts for the past 10 days or so. It will be important that Genesis issues statements to its investors so that they understand what is going on. Otherwise this might be construed as a scam.

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March 06, 2016, 09:23:19 AM
 #4164

I have also not received any payouts for the past 10 days or so. It will be important that Genesis issues statements to its investors so that they understand what is going on. Otherwise this might be construed as a scam.

@Babs, check your contracts as if you had older contracts with older fees then those payouts would have stopped paying out now.

If you had 0.0015 USD per GH/s fees, then they have stopped paying out since almost a month ago now.

But just contact their support and they can can help you out as support on these forums is limited I think.

Just some advice anyway.

Ian

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March 06, 2016, 10:59:16 AM
 #4165

I have also not received any payouts for the past 10 days or so. It will be important that Genesis issues statements to its investors so that they understand what is going on. Otherwise this might be construed as a scam.

@Babs, check your contracts as if you had older contracts with older fees then those payouts would have stopped paying out now.

If you had 0.0015 USD per GH/s fees, then they have stopped paying out since almost a month ago now.

But just contact their support and they can can help you out as support on these forums is limited I think.

Just some advice anyway.

Ian

Thanks so much for information. I will raise a support ticket on Genesis-Mining for more clarification.

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March 06, 2016, 04:24:33 PM
 #4166

I have also not received any payouts for the past 10 days or so. It will be important that Genesis issues statements to its investors so that they understand what is going on. Otherwise this might be construed as a scam.

@Babs, check your contracts as if you had older contracts with older fees then those payouts would have stopped paying out now.

If you had 0.0015 USD per GH/s fees, then they have stopped paying out since almost a month ago now.

But just contact their support and they can can help you out as support on these forums is limited I think.

Just some advice anyway.

Ian

Thanks so much for information. I will raise a support ticket on Genesis-Mining for more clarification.

Yes, best to do that I think.

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March 07, 2016, 01:21:43 AM
 #4167


We provided a number of photos and videos from our farms. There are testimonials from several hardware manufacturers on our webpage. For some time we also provided some mining addresses to proof that we have a couple of PH/s (we posted the addresses here on bitcointalk). We post pictures from our team and are on all major conferences around the world. And we are in this business for more than two years and we will continue in doing so.

Your Genesis Mining Team



ok so str8 up, what pool do you use, and why not your own if "your a world leader" in this sector?
how much power do you own? its that simple, not "a couple ph, months ago"     why can you not tell your customers? (fractional mining maybe?)
just be transparent OMG how hard is that are you familar with gethashing's platform? it's not a security issue to be transparent, grow up
why no way out or upgrade on contracts? 100,000 satisfied customers? take the poll again....
you say a hash market like other places is a legal issue, you are full of shit, do you think we are dumb? as long as there no fiat exchanged in that market (btc to ghs and vice versa)  ITS NOT A LEGAL ISSUE STOP LYING, you just dont want us to have a way out, simple.
EVEN ZEUSHASH offeres a new old to new upgrade program, are you saying the chinese care more about our accounts than you?
i await your responses but you will prob just ignore the questions as usual

There is no way to proof that every contract is covered. If we show you 100 PH/s, you could claim that our clients have 101 PH/s. Fact is that we have honored each and every contract since more than two years and we will continue to do so. We are working on more videos to show that we run a huge mining operations around the world.

Recently, the SEC has called in one case mining contracts "securities". Our legal team has advised us to keep the contracts as machine leasing contracts and to not make them tradeable assets, which could be problematic. We are looking into ways, how we can change this going forward.

Your Genesis Mining Team


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March 07, 2016, 07:51:06 PM
 #4168

This is my first time to actually check out Genesis-Mining.com - i find your Plans to be Good to be true so
I have to PM you to get some straight answers. Thank you!

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March 11, 2016, 05:25:38 PM
 #4169

@zaph3t read the recent posts on the thread carefully before you invest. Your chances of earning your investment back on a bitcoin mining contract are nil with the block reward halving coming up in 4 months. As far as mining Ether you can do it yourself or read this review of the Genesis Mining offering.

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March 13, 2016, 01:17:17 AM
 #4170

Wow! Ether price going crazy! Market cap now over USD 1 bn.
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March 13, 2016, 03:23:25 AM
 #4171

Wow! Ether price going crazy! Market cap now over USD 1 bn.
Yes, 1/6e of bitcoin, and Ethereum is still going up. be not surprised if it`s flipping whit in the next 30 days near 30 dollars...


I have heard that Geovision has put 2.85 million of the reserves in to Ethereum

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
iklajo
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March 15, 2016, 03:30:20 PM
 #4172

Etherium looks good. Time to get some more Hashpower.

Get a 3% discount on all new contracts @ Genesis Mining (https://www.genesis-mining.com/a/19841) with promo code : 05PaSf
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March 15, 2016, 05:37:49 PM
 #4173

Wow! Ether price going crazy! Market cap now over USD 1 bn.

what index are u using? i still see the market cap at $961,509,494 on coinmarketcap
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March 16, 2016, 02:27:43 AM
 #4174

Wow! Ether price going crazy! Market cap now over USD 1 bn.

what index are u using? i still see the market cap at $961,509,494 on coinmarketcap

https://coinmarketcap.com/

Ether price had a small dip 24 hours ago, maybe that was the reason for being below USD 1 bn. But most of the time it is stable above USD 1 bn.

bitcoinpete
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March 19, 2016, 09:29:18 AM
 #4175

payouts seem to be increasing at least for my x11 shares in genesis, just wanted to give a heads up. Ovb sha256 is not profitable and ethere mining is pretty risky

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March 19, 2016, 09:54:26 AM
 #4176

payouts seem to be increasing at least for my x11 shares in genesis, just wanted to give a heads up. Ovb sha256 is not profitable and ethere mining is pretty risky

Yes X11 i think is doing ok, I think Dash went up in value recently, a pump etc, when i look at my historical payouts, which you can also view on my other thread, the X11 BTC (AUTO) payouts are as good now as they have been at anytime since my contract started in early October

My payouts for X11 per 1MH/s go like this.

October  Payouts started at  0.0003 down to 0.00015

November Payouts started at 0.00016 finished at 0.00019

December Payouts started at 0.00013 finished at 0.00018

January payouts started at  0.00017 finished at 0.00018

February payouts started at 0.00178 finished at 0.00045  So february the payouts started to increase alot.

March payouts started at 0.00046 and finished today at 0.0039, so over the month have gradually been going down, because value of X11 coins against BTC has.

Overall so far it is not so bad, still a way to go and will see what happens.

If anyone wants to track my 1 MH/s BTC (AUTO) payouts then please look here

https://tradeblock.com/bitcoin/address/1D94co9unVsN3iytZqkohtdZh1ysHkwvUw

I wont be spending any BTC from that address whilst it is active for the time of the contract, so you can track the amount I have earned plus all the daily payouts since it started in October.


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March 19, 2016, 02:14:49 PM
 #4177

payouts seem to be increasing at least for my x11 shares in genesis, just wanted to give a heads up. Ovb sha256 is not profitable and ethere mining is pretty risky

It might be a better option to buy ether directly, instead of doing cloud mining.

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March 19, 2016, 04:23:19 PM
 #4178



I have now mined a number of coins with Genesis Mining and they have ALL gone the same way - they start off ok and then little by little they reduce until there is hardly any daily payout.

Has this happened to anyone else?

Serlite
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March 19, 2016, 06:56:39 PM
 #4179



I have now mined a number of coins with Genesis Mining and they have ALL gone the same way - they start off ok and then little by little they reduce until there is hardly any daily payout.

Has this happened to anyone else?



I'm pretty sure this has happened to everyone else. =P Because difficulty trends upwards over time, your contracts will pay out less and less until they are finally cancelled due to the fees exceeding the payout.
It's always a good idea to evaluate whether you're likely to ROI before the contract is cancelled, prior to any (further) investment. (I was never any good at that so I gave up, haha.)

deadpoolx
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March 21, 2016, 02:28:01 PM
 #4180

Just by the fact that is not possible to sell your GHs I stay away. Come on guys, innovate.
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