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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 385411 times)
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sirazimuth
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July 01, 2016, 02:18:59 PM
 #4281

X11? Let's see.

10 MH/s for $100

According to whattomine.com 10 MH/s could bring $0.19 / Day.
So $5.70 / Month and $68.4 per Year.

= $31.6 loss.

..

And please don't fullquote from the website. we all can read  Grin

apparently the mathmatically challenged customer must just enjoy that warm fuzzy feeling they get when
they see the dust land in their wallet everyday.

Bitcoin...the future of all monetary transactions...and always will be
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There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients.
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July 01, 2016, 02:46:46 PM
 #4282

I think mainly user must know about what currency running on which script because in market every currency have certain value of exchange compare to local currency.

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July 04, 2016, 11:23:16 PM
 #4283

you guys provide any refund? lol after buying $20 dollars contract as 2MH/s X11 I get $11 dollars after 1 year.
Would like to have a refund and just was a test to see how you really payout so that I can think about large investment, but apparently
Nope it is for me Smiley

Refund would be great.

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July 06, 2016, 03:57:01 AM
 #4284



Thanks for the Upgrade Genesis Mining  Smiley

Hello miners!
 
Happy 4th of July independence day to our American clients and happy start of July to all the others : )
 
We just wanted to send a brief note to update you on a big change in our one year X11 contracts.

When new hardware arrives on the market it is of uttermost importance for us to give you, our valuable client, access to it as soon as possible. New hardware means an efficiency edge over the competition and we want to ensure that you are the first ones that benefit from it.
 
So when we heard about brand-new X11 ASIC we rushed to get machines as fast as possible in our mining farms. There is no other business in the market that was able to offer this kind of deal so fast. The downside of moving that quickly was that we could not thoroughly test the hardware until now and therefore were conservative in our lifetime estimation.
 
After testing a larger batch over a longer period of time we are happy to announce that we can upgrade all of our ASIC X11 clients from one year to two year contracts. The electricity cost for the second year will be free of charge, as well. Thank you for putting your trust in us!
 
If you have any questions, please contact our customer support team HERE.
 
On another note, as you saw we recently launched our X11 contracts again and they have sold FASTER than any other contract we've ever launched. We expect to be entirely sold out once again in the upcoming days so if you plan on purchasing a contract, it would be best to do so now.
 
CLICK HERE TO BUY YOUR X11 CONTRACT!
 
Have a great month ahead!
 
Marco Streng

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
ImHash
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July 06, 2016, 05:09:30 AM
 #4285

if price of altcoins stay the same after 2 years you could profit 20%. I believe banks give 20% interest  yearly.
Appears having our money in banks yields more profit and has more security than GM.

﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
≈ WORLD POWER PRODUCTION ≈

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Zeta0S
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July 06, 2016, 07:00:30 AM
 #4286

if price of altcoins stay the same after 2 years you could profit 20%. I believe banks give 20% interest  yearly.
Appears having our money in banks yields more profit and has more security than GM.

The banks in The Netherlands only give like 0.9% yearly and in Belgium has ~0.11%. The highest rate in Europe is The Kentbank (Kroatië) whit 1,3%.
(This rates are based so you can withdraw any moment, if you want to give that up i find banks that can do 2,75% yearly, but they hold your cash for 10 years!)

Do do not believe a normal bank on this planet has 20% interest buddy.

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
Roquene
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July 06, 2016, 02:31:43 PM
 #4287

we are happy to announce that we can upgrade all of our ASIC X11 clients from one year to two year contracts

Still a ROI of around 600 Days.
And that does not consider the inevitable increasing difficulty.
I see little to no way how it could be profitable.
Even if you would cut the prices by 50%.

Or did I miss something?
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July 09, 2016, 09:23:48 PM
 #4288

Halving reached. What is the current situation for the miners?

samsonn25
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July 09, 2016, 11:59:47 PM
 #4289

we are happy to announce that we can upgrade all of our ASIC X11 clients from one year to two year contracts

Still a ROI of around 600 Days.
And that does not consider the inevitable increasing difficulty.
I see little to no way how it could be profitable.
Even if you would cut the prices by 50%.

Or did I miss something?

Last July the difficulty was 51 Billion now is 213 Billion.  It is probably safe to say by next July it would be over 500 Billion.  

In 600 days difficulty could be 1 Trillion

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July 10, 2016, 02:16:04 PM
 #4290

Dear Genesis Mining,

Can you add Peercoin and Mazacoin (MZC) to the SHA256 options?

This way we have higher payments if we sell the coins to btc.

(Or create a AUTO BTC option that use the top 3 coins)

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
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July 11, 2016, 07:30:46 AM
 #4291

Just curious, how are ppl doing investing in genesis cloud hashrate? I see the company advertising everywhere but have no idea how many petahash they are running.
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July 11, 2016, 07:44:35 AM
 #4292

Just curious, how are ppl doing investing in genesis cloud hashrate? I see the company advertising everywhere but have no idea how many petahash they are running.

dude, NOONE knows. ;\
we have no idea the hashrate, their pool, or even what hardware their even using now (spoondoolies is dead so not getting from them anymore)
my guess is they are mining on antpool, with antminers, but hey i DARE them to come prove me wrong! (they wont)
they are garbage, and im happy an honest operator like u came here to ask this question, maybe they will answer YOU! haha
they are gpu mining, of course, also, but simple math (in the thread here last page or 2) dictates there's no ROI with genesis, as usual..
so idk, i'm just hoping their massive social campaigns don't pay off, noone needs to lose more with them...

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July 11, 2016, 08:59:11 AM
 #4293

Just curious, how are ppl doing investing in genesis cloud hashrate? I see the company advertising everywhere but have no idea how many petahash they are running.

dude, NOONE knows. ;\
we have no idea the hashrate, their pool, or even what hardware their even using now (spoondoolies is dead so not getting from them anymore)
my guess is they are mining on antpool, with antminers, but hey i DARE them to come prove me wrong! (they wont)
they are garbage, and im happy an honest operator like u came here to ask this question, maybe they will answer YOU! haha
they are gpu mining, of course, also, but simple math (in the thread here last page or 2) dictates there's no ROI with genesis, as usual..
so idk, i'm just hoping their massive social campaigns don't pay off, noone needs to lose more with them...


I did roi out several times, and my Ethereum contracts are doing great! (see my Genesis Mining payments for some time ago: https://www.youtube.com/watch?v=doRAF2c-Rrk )
Also they are actively supporting bitcoin on a way i did not see before.
I believe like Habo they only use green energy for our miners, also (like Habo there is a lot of video`s showing there hardware in there iceland farms)

Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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July 11, 2016, 03:31:00 PM
 #4294

Just curious, how are ppl doing investing in genesis cloud hashrate? I see the company advertising everywhere but have no idea how many petahash they are running.

dude, NOONE knows. ;\
we have no idea the hashrate, their pool, or even what hardware their even using now (spoondoolies is dead so not getting from them anymore)
my guess is they are mining on antpool, with antminers, but hey i DARE them to come prove me wrong! (they wont)
they are garbage, and im happy an honest operator like u came here to ask this question, maybe they will answer YOU! haha
they are gpu mining, of course, also, but simple math (in the thread here last page or 2) dictates there's no ROI with genesis, as usual..
so idk, i'm just hoping their massive social campaigns don't pay off, noone needs to lose more with them...


I did roi out several times, and my Ethereum contracts are doing great! (see my Genesis Mining payments for some time ago: https://www.youtube.com/watch?v=doRAF2c-Rrk )
Also they are actively supporting bitcoin on a way i did not see before.
I believe like Habo they only use green energy for our miners, also (like Habo there is a lot of video`s showing there hardware in there iceland farms)


It is either you are:
1. Part of Genesis-mining social media team;
2. or you are paid by Genesis-Mining.


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July 12, 2016, 08:32:16 AM
 #4295

Just curious, how are ppl doing investing in genesis cloud hashrate? I see the company advertising everywhere but have no idea how many petahash they are running.

dude, NOONE knows. ;\
we have no idea the hashrate, their pool, or even what hardware their even using now (spoondoolies is dead so not getting from them anymore)
my guess is they are mining on antpool, with antminers, but hey i DARE them to come prove me wrong! (they wont)
they are garbage, and im happy an honest operator like u came here to ask this question, maybe they will answer YOU! haha
they are gpu mining, of course, also, but simple math (in the thread here last page or 2) dictates there's no ROI with genesis, as usual..
so idk, i'm just hoping their massive social campaigns don't pay off, noone needs to lose more with them...


I did roi out several times, and my Ethereum contracts are doing great! (see my Genesis Mining payments for some time ago: https://www.youtube.com/watch?v=doRAF2c-Rrk )
Also they are actively supporting bitcoin on a way i did not see before.
I believe like Habo they only use green energy for our miners, also (like Habo there is a lot of video`s showing there hardware in there iceland farms)


It is either you are:
1. Part of Genesis-mining social media team;
2. or you are paid by Genesis-Mining.



I kind of agree and suspected it several time in the past.

Genesis Mining is not profitable and with the halving it is probably even worse than before.

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July 12, 2016, 09:17:39 AM
 #4296

Just curious, how are ppl doing investing in genesis cloud hashrate? I see the company advertising everywhere but have no idea how many petahash they are running.

dude, NOONE knows. ;\
we have no idea the hashrate, their pool, or even what hardware their even using now (spoondoolies is dead so not getting from them anymore)
my guess is they are mining on antpool, with antminers, but hey i DARE them to come prove me wrong! (they wont)
they are garbage, and im happy an honest operator like u came here to ask this question, maybe they will answer YOU! haha
they are gpu mining, of course, also, but simple math (in the thread here last page or 2) dictates there's no ROI with genesis, as usual..
so idk, i'm just hoping their massive social campaigns don't pay off, noone needs to lose more with them...


I did roi out several times, and my Ethereum contracts are doing great! (see my Genesis Mining payments for some time ago: https://www.youtube.com/watch?v=doRAF2c-Rrk )
Also they are actively supporting bitcoin on a way i did not see before.
I believe like Habo they only use green energy for our miners, also (like Habo there is a lot of video`s showing there hardware in there iceland farms)


It is either you are:
1. Part of Genesis-mining social media team;
2. or you are paid by Genesis-Mining.



I kind of agree and suspected it several time in the past.

Genesis Mining is not profitable and with the halving it is probably even worse than before.

Hi guys!

Why do i always see this response to any positive feedback in this topic.
I see a lot of negative bashing and demonize post form u guys.

1)First note: X11 and Ethereum did not affected by the Bitcoin block reward halving.
2)Second note: See my spoiler below. So i get a referral one`s in a once in awhile, same as some have Yobit, primedice, secondstrade spoilers/banners/logo`s.

It would be nice hearing some moderate commands. For example the first sold X11 contracts are doing great, also Ethereum running nicely.
And yes, i collude sha256 would not roi whit the current btc price (Same as all other cloudminers selling sha contracts).

I am truly happy whit my mining program, i try to be open as possible, posting my wallet address (where GM posting there deposits) and uploading video`s whit my dashboard providing good view what`s happening.

For ones you could say something positive about that.







Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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July 12, 2016, 01:33:44 PM
 #4297

My SHA256 contracts have stopped paying after the halving.

Good luck to everyone.

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Eric Mu
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July 12, 2016, 02:27:32 PM
 #4298

Can anyone please explain to me what is the appeal of cloud mining contracts? I constantly receive requests asking us sell contracts, so I would like to hear what advantages the contract model has over fixed interest rate and flexible withdrawal model that we currently deploys.
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July 12, 2016, 02:35:32 PM
 #4299

Can anyone please explain to me what is the appeal of cloud mining contracts? I constantly receive requests asking us sell contracts, so I would like to hear what advantages the contract model has over fixed interest rate and flexible withdrawal model that we currently deploys.

Apart from the greed of impossible ROI's at the scam end of the "cloud mining" spectrum, I think it's the dream of "being involved" in mining, being part of the process that is attractive, especially to newbies.
Your model is eminently more realistic and logical, but lacks that aspect.

Extraordinary Claims require Extraordinary Evidence
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July 12, 2016, 02:52:49 PM
 #4300

Can anyone please explain to me what is the appeal of cloud mining contracts? I constantly receive requests asking us sell contracts, so I would like to hear what advantages the contract model has over fixed interest rate and flexible withdrawal model that we currently deploys.

Hello Eric,


To start, some people want to mine coins even when profits are negligible, for fun or other reasons, keep that in mind
For example Start Mining at home in some country is to expensive due to huge power cost (like here it cost like 26 collars cent a kilowatt).

His is what i think,
Mining btc at this moment at current difficulty and currency BTC rate is maybe not the right choice.
However i highly believe in Dash and Ethereum, so mining that and anticipate on grow in time, i think i benefit well by cloudmining (remember increasingly mining at home is not a real option for me)
That`s why i choice (beside of buying the coins directly) for Genesis Mining. Its a nice replenishment on my current portfolio  Smiley

For you (Haobtc) as a mining company advantages can be release funds form you capital.
Combining that whit your wallet you will have a lot more wallet users as well.
Downside is managing the whole crowd of customers. Managing the miners on a divert way, i think http://genesis-hive.com/ can help other mining farms whit that.

Eric what are you guys planning to do?






Get a HUGE 3% discount with promo code: MOON @ Genesis Mining
https://www.genesis-mining.com
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