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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 381355 times)
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offmenut
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September 03, 2014, 12:05:10 PM
 #981

Well you'd have to just hand over the whole account and do the transfer via an escrow, you couldn't sell it per MH/s
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September 03, 2014, 12:41:59 PM
 #982

Well you'd have to just hand over the whole account and do the transfer via an escrow, you couldn't sell it per MH/s
ok. i see.

www.genesis-mining.com - 3% Promo Code: TRUNK_38
www.hashflare.io - 10% Discount Code: 2450E47A
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September 03, 2014, 04:29:33 PM
 #983

Great news everybody!

We do now accept DARKCOIN for payment of contracts! To celebrate, we enabled promo code "10Dark" granting you 5% off your order in case you pay with DRK!

Also live now for our users: POTCOIN
Mine your PotCoin with Genesis Mining!

Happy mining
The team of Genesis Mining


So another coin is being added, the Potcoin.  Cool
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September 03, 2014, 05:40:37 PM
 #984

I got bored and started playing around with video editing.. created a little video on GM (in hope they honor it with a bonus  Cheesy )

check it out:  http://youtu.be/9UoYIo7Eqv8

Thanks a lot for sharing a video on genesis-mining. Hope you will you create more videos on Genesis-mining.

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September 03, 2014, 07:08:56 PM
 #985

Could you explain me this business model of genesis :

if i want to invest for 10Mh for 1 year, i will pay : ฿ 1.037
if i want to invest for 10Mh for 2 year, i will pay : ฿ 2.636 .... 2.54x more than 1 year...

in a normal case, with Mh becoming more and more cheap with the time, we should pay less than 2x, no ?

Reply from FinalHash Smiley

Quote
BRUCELLA you are absolutely correct. I am the CTO of finalhash and good friends with Marco. I just sent him this and said WTF? He responded and said pretty much, "Oh that is a bug, thanks for the heads up."  He went on to say that he and his team are working to fix the bug and he would comment back here with the result.

Good catch bro.  It is important for educated crypto folks like yourself to keep finding discrepancies in this to see how the company responds going forward.  In this way we hold them accountable and thereby avoid future BFL things. However, it is important that we do the double checks but also allow time for the companies to respond you know?

Multipool with autochange to various coins : Coinking | Good others Multipool : Hash-to-coins  | Visit Hamsterpool!
Mine with CoIntellect - Pool and cloud mining
Genesis Mining || genesis-mining.com || World's leading hosted scrypt hashpower provider!  $14.99 -100MH/s! - Get a 3% discount with code METEOR_11
IanFoxley
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September 04, 2014, 07:31:49 AM
 #986

Just thought I would let you all know that Genesis Mining has once again lowered their prices.

Had a peek at their website just now. These are all for 1 year contracts.
Examples:

1 Megahash for USD 49.00, was USD 98,00  With a 3 % discount promocode USD 47.53

2 Megahash for USD 98.00, was USD 159,00  With a 3 % discount promocode  USD 95.06

20 Megahash for USD 880.00, was USD 1,380.00   With a 3 % discount promocode  USD 853,60

100 Megahash for USD 3,3900.00, was USD 5,900.00  With a 3 % discount promocode  USD 3783,00

Promocodes can be found all over, feel free to choose whichever one you like. Mine is in my signature.


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September 04, 2014, 07:51:29 AM
 #987

Just thought I would let you all know that Genesis Mining has once again lowered their prices.

Had a peek at their website just now. These are all for 1 year contracts.
Examples:

1 Megahash for USD 49.00, was USD 98,00  With a 3 % discount promocode USD 47.53

2 Megahash for USD 98.00, was USD 159,00  With a 3 % discount promocode  USD 95.06

20 Megahash for USD 880.00, was USD 1,380.00   With a 3 % discount promocode  USD 853,60

100 Megahash for USD 3,3900.00, was USD 5,900.00  With a 3 % discount promocode  USD 3783,00

Promocodes can be found all over, feel free to choose whichever one you like. Mine is in my signature.



Looks great. Is these new prices just for a limited time or their fixed price?

IanFoxley
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September 04, 2014, 08:05:10 AM
 #988

Just thought I would let you all know that Genesis Mining has once again lowered their prices.

Had a peek at their website just now. These are all for 1 year contracts.
Examples:

1 Megahash for USD 49.00, was USD 98,00  With a 3 % discount promocode USD 47.53

2 Megahash for USD 98.00, was USD 159,00  With a 3 % discount promocode  USD 95.06

20 Megahash for USD 880.00, was USD 1,380.00   With a 3 % discount promocode  USD 853,60

100 Megahash for USD 3,3900.00, was USD 5,900.00  With a 3 % discount promocode  USD 3783,00

Promocodes can be found all over, feel free to choose whichever one you like. Mine is in my signature.



Looks great. Is these new prices just for a limited time or their fixed price?

I think they are a new fixed price now. I am sure GM will come by and confirm later though Ellen.
They could just have a promo code if it was just a limited offer, but as this has been put into their interface, I have a feeling they are fixed.

Genesis-Mining
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September 04, 2014, 08:15:27 AM
 #989

Could you explain me this business model of genesis :

if i want to invest for 10Mh for 1 year, i will pay : ฿ 1.037
if i want to invest for 10Mh for 2 year, i will pay : ฿ 2.636 .... 2.54x more than 1 year...

in a normal case, with Mh becoming more and more cheap with the time, we should pay less than 2x, no ?

Reply from FinalHash Smiley

Quote
BRUCELLA you are absolutely correct. I am the CTO of finalhash and good friends with Marco. I just sent him this and said WTF? He responded and said pretty much, "Oh that is a bug, thanks for the heads up."  He went on to say that he and his team are working to fix the bug and he would comment back here with the result.

Good catch bro.  It is important for educated crypto folks like yourself to keep finding discrepancies in this to see how the company responds going forward.  In this way we hold them accountable and thereby avoid future BFL things. However, it is important that we do the double checks but also allow time for the companies to respond you know?

Hey BRUCELLA,

Thank you for detecting this bug in our systems! We have immediately fixed it and upgraded all clients who purchased longer contracts than 1 year with free hashpower according to the new prices.

We hope you like our new discounted rates for longer contracts!

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September 04, 2014, 08:33:24 AM
 #990

Just thought I would let you all know that Genesis Mining has once again lowered their prices.

Had a peek at their website just now. These are all for 1 year contracts.
Examples:

1 Megahash for USD 49.00, was USD 98,00  With a 3 % discount promocode USD 47.53

2 Megahash for USD 98.00, was USD 159,00  With a 3 % discount promocode  USD 95.06

20 Megahash for USD 880.00, was USD 1,380.00   With a 3 % discount promocode  USD 853,60

100 Megahash for USD 3,3900.00, was USD 5,900.00  With a 3 % discount promocode  USD 3783,00

Promocodes can be found all over, feel free to choose whichever one you like. Mine is in my signature.



Thank you Ian for announcing the new prices faster than we could react! Smiley

These are the new official prices! Since the litecoin difficulty is not growing anymore, we think this could be a highly attractive deal! https://bitcoinwisdom.com/litecoin/difficulty

Also we want to note that there is currently a 10% discount code for all scrypt contracts out there! It is "POT10" as a gift for the users after adding Potcoin to our system.

Also to celebrate accepting DRK as payment you can get a 5% discount on all contracts that are payed with Darkcoin. The promo code for this is "10Dark".

We think this is great news for everybody! Smiley

IanFoxley
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September 04, 2014, 08:38:17 AM
 #991

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Thank you Ian for announcing the new prices faster than we could react! Smiley

Well I just love to spread good news! Smiley Smiley

Sorry if I caused any problems though.

offmenut
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September 04, 2014, 12:00:56 PM
 #992

It's crazy if you don't offer something to existing customers...

How can you cut all your prices in half and then leave all the people who gave you the money to get you where you are today behind.

No-one who has bought hash power from you before this point is going to get a ROI so all they've done is loaned you money and paid a little for the privilege of doing so.
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September 04, 2014, 12:53:33 PM
 #993

It's crazy if you don't offer something to existing customers...

How can you cut all your prices in half and then leave all the people who gave you the money to get you where you are today behind.

No-one who has bought hash power from you before this point is going to get a ROI so all they've done is loaned you money and paid a little for the privilege of doing so.

This.
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September 04, 2014, 01:32:17 PM
 #994

That's the way it goes. You can't go buy a car for 10K and then after a month demand an offer from the dealer because the same car is now 8K. Well, you can, but good luck Wink

offmenut, I see you want to sell your 2 MH/s for 0.2 BTC. Not sure how you plan to do that, but here's a one time offer. I buy them from you if GM cooperates in transferring the hashrate to my account. That'll give you a nice way out and a chance to rethink whether investing in crypto is smart for you and how and when to do it. And I have a bit more hashrate, I guess.

Oh, and you have to put this in your signature:
I have visited www.megamike.nl and all I got was this lousy signature

In fact, I'll up to payment to 0.22BTC if you do put that in your signature and keep it there for a while. Indefinitely is also good Cheesy


Also reminds me, I have to update my site with the new prices. Thankfully that's mostly copy/paste since Ian did all the hard work  Lips sealed

<||=||>  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
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September 04, 2014, 02:07:04 PM
 #995

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Also reminds me, I have to update my site with the new prices. Thankfully that's mostly copy/paste since Ian did all the hard work  Lips sealed

Oi! haha


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September 04, 2014, 02:14:22 PM
 #996

I saw today that Zeus Miners are bringing out a new ASIC soon called the Volcano which is 300 MH/s and costs $1599

That works out about 5 USD per MH/s

Would be nice if you are all buying a load of these for your farms, which means after working out all the costs etc, you can offer your customers a good deal with prices.

 Grin Grin Grin

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September 04, 2014, 02:44:15 PM
 #997

Great news everybody!

We do now accept DARKCOIN for payment of contracts! To celebrate, we enabled promo code "10Dark" granting you 5% off your order in case you pay with DRK!

Also live now for our users: POTCOIN
Mine your PotCoin with Genesis Mining!

Happy mining
The team of Genesis Mining


So another coin is being added, the Potcoin.  Cool
That's great. Thanks Genesis-mining for adding a new coin. But I would like to know about the profitability lelvel of Potcoin.

Daniel007
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September 04, 2014, 02:59:03 PM
 #998

Is it possible to sell contract? How will be transferred to other account without the intervention of GM?   Huh Huh Huh Huh

If its possible i am selling mine for 0,06BTC/MHs (Total 45.83MHs)  Grin Grin
I am also thinking that. Is it possible to sell contract? If, i would like to know the procedure.

IanFoxley
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September 04, 2014, 03:09:30 PM
 #999

Is it possible to sell contract? How will be transferred to other account without the intervention of GM?   Huh Huh Huh Huh

If its possible i am selling mine for 0,06BTC/MHs (Total 45.83MHs)  Grin Grin
I am also thinking that. Is it possible to sell contract? If, i would like to know the procedure.

How much are you wanting to sell, perhaps Mike would be interested Tongue Smiley

Although as they are yearly contracts, it might be hard for you to sell something that has only 8 or 9 months on it.


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September 04, 2014, 04:04:45 PM
 #1000

My charitability knows no limits, but unfortunately my wallet compensates that quite effectively  Undecided

<||=||>  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 .............
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