Bitcoin Forum
December 11, 2017, 04:15:44 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 [27] 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 ... 245 »
  Print  
Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 381324 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
Mike18feb
Hero Member
*****
Offline Offline

Activity: 658


MΣC


View Profile
July 10, 2014, 11:25:38 AM
 #521

.

ps: Look en think en only listen to you self, this is the key....
Nooooo! Listen to others, but don't take anything anybody says for granted and always draw your own conclusions! Tongue

<||=||>  Rule #1a: Never invest more then you can afford to lose. <||=||>  Rule #1b: Never invest all you can afford to lose. <||=||> 
............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
"There should not be any signed int. If you've found a signed int somewhere, please tell me (within the next 25 years please) and I'll change it to unsigned int." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513008944
Hero Member
*
Offline Offline

Posts: 1513008944

View Profile Personal Message (Offline)

Ignore
1513008944
Reply with quote  #2

1513008944
Report to moderator
1513008944
Hero Member
*
Offline Offline

Posts: 1513008944

View Profile Personal Message (Offline)

Ignore
1513008944
Reply with quote  #2

1513008944
Report to moderator
Genesis-Mining
Sr. Member
****
Offline Offline

Activity: 429


View Profile WWW
July 10, 2014, 01:34:39 PM
 #522

Thank you to those who visited us at our booth at the HongKong conference!

All of you who did not make it, maybe you like to visit us at the Tel Aviv conference in two weeks!


HerkulesBee
Member
**
Offline Offline

Activity: 84


View Profile
July 10, 2014, 01:59:37 PM
 #523

I think $10 to $12 per MH/s is where we'll need to be by the 1st of Sept. if not sooner to even see a small  ::)positive ROI.

this will definitely not happen. If you buy via preorder a Titan miner you have to pay 17,48$/MH/s + custom + VAT + shipping. Than you have to build up the miner by yourself & you have to put on top the electricity costs:

Example if you buy 1 Titan & live in Austria (where I am from):

Costs for titan: 6,995.00 $
Costs for custom 15%: 1,049.25 $
VAT on top of (titan+custom) 20%: 1,608,85 $
Electricity for 1 year (1200 W + 20% losses) & 0.27 $ per kWh: 1.20*1,2*24*365*0.27$ = 3.405.89 $

Total costs: 6995+1049+1608+3405 = 13,057,- $ + shipping 50$ = 13,107.- $

Price per MH is than: 13107/400 = 32.64 $/MH/s

And you even dont know when your Titan miner will start to mine. If I see how KNC treated their customers in the past, I am sure that they will again break their promise and they will not deliver in Q3 as announced. That means that your Hashpower will be even less worth if you wait another 3-6 month for "maybe" delivery of KNC Titan miner.

The earlier you start mining the better is it. The best way to start mining is always after a pricedrop like Genesis Mining had last week. That is the best entry point because you have the best price available in the market and the lowest possible difficulty as you can start immediately mining.

I am not a diviner - just resuming what happend in the past.



marife01
Full Member
***
Offline Offline

Activity: 162


View Profile
July 10, 2014, 02:35:15 PM
 #524

Thank you to those who visited us at our booth at the HongKong conference!

All of you who did not make it, maybe you like to visit us at the Tel Aviv conference in two weeks!



What a nice photo. Smiley
It will be great to attend such conference someday.
Wintermute
Full Member
***
Offline Offline

Activity: 179


View Profile
July 10, 2014, 04:03:16 PM
 #525

[...]

Price per MH is than: 13107/400 = 32.64 $/MH/s

And you even dont know when your Titan miner will start to mine. If I see how KNC treated their customers in the past, I am sure that they will again break their promise and they will not deliver in Q3 as announced. That means that your Hashpower will be even less worth if you wait another 3-6 month for "maybe" delivery of KNC Titan miner.

The earlier you start mining the better is it. The best way to start mining is always after a pricedrop like Genesis Mining had last week.

Good post! Some simple truths from my own experience:

1) true cost of hardware: if you buy hardware the effective cost is the only thing that counts (many completely underestimate the true cost of mining; and also the amount of work to spend to keep your miner running)

2) do not trust pre-orders: BFL / KnC are classic examples for pre-order scam. It is quite obvious what kind of game they are playing (in particular KnC)

3) miners do not have a value after 1y: if you still think so show me any BTC miner that was delivered one year ago and sold. 5y contracts are useless in an exponential world

4) start mining if everyone else is dropping out (see my previous quote from Warren Buffett)

5) counterparties: only work with reliable and established counterparties (if you do not know the name of the people behind a company better avoid them).


xephyr
Sr. Member
****
Offline Offline

Activity: 288


View Profile
July 10, 2014, 04:37:04 PM
 #526

[...]

Price per MH is than: 13107/400 = 32.64 $/MH/s

And you even dont know when your Titan miner will start to mine. If I see how KNC treated their customers in the past, I am sure that they will again break their promise and they will not deliver in Q3 as announced. That means that your Hashpower will be even less worth if you wait another 3-6 month for "maybe" delivery of KNC Titan miner.

The earlier you start mining the better is it. The best way to start mining is always after a pricedrop like Genesis Mining had last week.

Good post! Some simple truths from my own experience:

1) true cost of hardware: if you buy hardware the effective cost is the only thing that counts (many completely underestimate the true cost of mining; and also the amount of work to spend to keep your miner running)

2) do not trust pre-orders: BFL / KnC are classic examples for pre-order scam. It is quite obvious what kind of game they are playing (in particular KnC)

3) miners do not have a value after 1y: if you still think so show me any BTC miner that was delivered one year ago and sold. 5y contracts are useless in an exponential world

4) start mining if everyone else is dropping out (see my previous quote from Warren Buffett)

5) counterparties: only work with reliable and established counterparties (if you do not know the name of the people behind a company better avoid them).




You forgot to mention a critical point: if you want to ROI you must buy mH at the lowest price. Genesis Mining is $98.95 per mH for the Platinum package.
Two alternatives that cost less than $80 per mH are hosted mining at ltcgear.com and GAWMiners. Both are mining now.

Genesis Mining is offering a better deal at $59 per mH through Mining Asics Technoligies but you do have to wait until August for hashing to start.
monim1
Full Member
***
Offline Offline

Activity: 160


View Profile
July 10, 2014, 05:06:50 PM
 #527

So next conference is going to held in Tel Aviv . Is there any chance of south Asia?
monim1
Full Member
***
Offline Offline

Activity: 160


View Profile
July 10, 2014, 05:15:02 PM
 #528

All of the pictures are nice but my favorite is third one.
Mike18feb
Hero Member
*****
Offline Offline

Activity: 658


MΣC


View Profile
July 10, 2014, 08:52:00 PM
 #529


All of the pictures are nice but my favorite is third one.
So, you like guys with a beard then?!  Cheesy

<||=||>  Rule #1a: Never invest more then you can afford to lose. <||=||>  Rule #1b: Never invest all you can afford to lose. <||=||> 
............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
Crypto_123
Jr. Member
*
Offline Offline

Activity: 38


View Profile
July 10, 2014, 11:06:44 PM
 #530

So next conference is going to held in Tel Aviv . Is there any chance of south Asia?

Maybe the conference in Tel Aviv will be canceled (gaza war) and by coincidence relocated to e.g. singapore Wink
ellen_me
Full Member
***
Offline Offline

Activity: 159


View Profile
July 11, 2014, 08:09:36 AM
 #531

So next conference is going to held in Tel Aviv . Is there any chance of south Asia?

Maybe the conference in Tel Aviv will be canceled (gaza war) and by coincidence relocated to e.g. singapore Wink

Right that there could be chances of canceled conference in Tel Aviv because of the recent situation there.

Genesis-Mining
Sr. Member
****
Offline Offline

Activity: 429


View Profile WWW
July 11, 2014, 11:20:50 AM
 #532

We have now implemented the referral system for all our users!

When you are logged in, navigate to "My Account" -> "Affiliate"
You now see your personal referral code and the conditions.

Don't hesitate to spread the code wherever you can reach Smiley

vaisajne
Full Member
***
Offline Offline

Activity: 224



View Profile
July 11, 2014, 12:14:07 PM
 #533

We have now implemented the referral system for all our users!

When you are logged in, navigate to "My Account" -> "Affiliate"
You now see your personal referral code and the conditions.

Don't hesitate to spread the code wherever you can reach Smiley


Nice initiative.

IanFoxley
Legendary
*
Offline Offline

Activity: 910


View Profile
July 11, 2014, 12:36:48 PM
 #534

Am trying to mine a newly released scrypt coin with my 715KH/S ATI GPU.

It is one of those moments, that I wish I could point my GM hash at it instead ..

One day perhaps! Smiley

I am also keeping an eye on your website, for when you add the additional coin to mine Smiley


fractal02
Hero Member
*****
Offline Offline

Activity: 504



View Profile
July 11, 2014, 05:09:08 PM
 #535

We have now implemented the referral system for all our users!

When you are logged in, navigate to "My Account" -> "Affiliate"
You now see your personal referral code and the conditions.

Don't hesitate to spread the code wherever you can reach Smiley


Nice...but i still fell not reinvesting anymore here...so expensive and early adopters take a big risk and loss any chance to ROI...
monim1
Full Member
***
Offline Offline

Activity: 160


View Profile
July 11, 2014, 07:14:45 PM
 #536

We have now implemented the referral system for all our users!

When you are logged in, navigate to "My Account" -> "Affiliate"
You now see your personal referral code and the conditions.

Don't hesitate to spread the code wherever you can reach Smiley

That's nice. If anyone use my promo code to singup, how much profit i will get?
IanFoxley
Legendary
*
Offline Offline

Activity: 910


View Profile
July 11, 2014, 07:19:25 PM
 #537

We have now implemented the referral system for all our users!

When you are logged in, navigate to "My Account" -> "Affiliate"
You now see your personal referral code and the conditions.

Don't hesitate to spread the code wherever you can reach Smiley

That's nice. If anyone use my promo code to singup, how much profit i will get?

for example, if someone uses your code to purchase 1 MH/S you will get 0.03 MH/S back or 30 Kh/s

then just multiply that for each MH/S.

If you are lucky enough for someone to buy 100MH/S with your code then you will get 3 MH/S back, which is worth a few hundred dollars, for free.

Most of the people using my code have been purchasing 1 or 2MH/S, but it soon builds up.


Nathan101
Full Member
***
Offline Offline

Activity: 134


View Profile
July 11, 2014, 07:23:44 PM
 #538

.

ps: Look en think en only listen to you self, this is the key....
Nooooo! Listen to others, but don't take anything anybody says for granted and always draw your own conclusions! Tongue
I agree with you. Never take your decision on others judgment. Always make your won decision.

Mike18feb
Hero Member
*****
Offline Offline

Activity: 658


MΣC


View Profile
July 11, 2014, 10:58:16 PM
 #539

So, usually I'm not the first to blabber about payout, but the last BTC payment I received was on July 9. My computer says it's now July 12. At least 2.5 days since the last payment, and that's rather a long time  Huh

<||=||>  Rule #1a: Never invest more then you can afford to lose. <||=||>  Rule #1b: Never invest all you can afford to lose. <||=||> 
............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
IanFoxley
Legendary
*
Offline Offline

Activity: 910


View Profile
July 12, 2014, 05:09:28 AM
 #540

So, usually I'm not the first to blabber about payout, but the last BTC payment I received was on July 9. My computer says it's now July 12. At least 2.5 days since the last payment, and that's rather a long time  Huh

Sorry to hear Mike!
I would email support, as I have been getting payments ok. They will sort you out.


Ian

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 [27] 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 ... 245 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!