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Author Topic: Genesis-mining.com || World's leading hashpower provider!  (Read 400012 times)
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IanFoxley
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January 05, 2015, 10:05:09 AM
Last edit: January 05, 2015, 10:29:19 AM by IanFoxley
 #2201

8 MH Scrypt

Payout 1/5/15 66.85183327 DOGE

My Payout from 450 KH Mining on Simple Multi 64.33039874

How did my 450 KH Gridseed ORB match Genesis Scrypt Mining of 8 MH?  Huh  Something is amiss here!

That's easy. Its your daily fee eating up your payouts, that is because BTC has fallen considerably in the last few weeks.

So yeh, your gridseed is probably doing better now because you are getting all your coins to your gridseed and not having to worry about your electricity bill until later.

If GM could do the same, your payouts would be a lot higher but you are probably paying what, 30 - 40 US cents a day fee which is at the moment...Hmmm lets see..around 0.00130000 BTC (based on BTC value being 275USD) At the time of your payout, BTC would have been even less in value as yesterday it did drop down to as low as 250 USD per BTC at one point.

So work out how many doge you can buy with that BTC amount I wrote, I would rough guess around 2000 or so doge and that will give you an idea on what the Price of BTC and your daily fee is doing to you.

So if it was not for the daily fee, you would have had around 2066 doge or so I suppose.


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January 05, 2015, 10:41:45 AM
 #2202

8 MH Scrypt

Payout 1/5/15 66.85183327 DOGE

My Payout from 450 KH Mining on Simple Multi 64.33039874

How did my 450 KH Gridseed ORB match Genesis Scrypt Mining of 8 MH?  Huh  Something is amiss here!

That's easy. Its your daily fee eating up your payouts, that is because BTC has fallen considerably in the last few weeks.

So yeh, your gridseed is probably doing better now because you are getting all your coins to your gridseed and not having to worry about your electricity bill until later.

If GM could do the same, your payouts would be a lot higher but you are probably paying what, 30 - 40 US cents a day fee which is at the moment...Hmmm lets see..around 0.00130000 BTC (based on BTC value being 275USD) At the time of your payout, BTC would have been even less in value as yesterday it did drop down to as low as 250 USD per BTC at one point.

So work out how many doge you can buy with that BTC amount I wrote, I would rough guess around 2000 or so doge and that will give you an idea on what the Price of BTC and your daily fee is doing to you.

So if it was not for the daily fee, you would have had around 2066 doge or so I suppose.



Point well made. I neglected to consider that fact. Thanks.  Tongue

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IanFoxley
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January 05, 2015, 11:14:23 AM
 #2203

8 MH Scrypt

Payout 1/5/15 66.85183327 DOGE

My Payout from 450 KH Mining on Simple Multi 64.33039874

How did my 450 KH Gridseed ORB match Genesis Scrypt Mining of 8 MH?  Huh  Something is amiss here!

That's easy. Its your daily fee eating up your payouts, that is because BTC has fallen considerably in the last few weeks.

So yeh, your gridseed is probably doing better now because you are getting all your coins to your gridseed and not having to worry about your electricity bill until later.

If GM could do the same, your payouts would be a lot higher but you are probably paying what, 30 - 40 US cents a day fee which is at the moment...Hmmm lets see..around 0.00130000 BTC (based on BTC value being 275USD) At the time of your payout, BTC would have been even less in value as yesterday it did drop down to as low as 250 USD per BTC at one point.

So work out how many doge you can buy with that BTC amount I wrote, I would rough guess around 2000 or so doge and that will give you an idea on what the Price of BTC and your daily fee is doing to you.

So if it was not for the daily fee, you would have had around 2066 doge or so I suppose.



Point well made. I neglected to consider that fact. Thanks.  Tongue

No probs, but I can understand where you are coming from though...all this low BTC dropping in value and Scrypt being the way it is at the moment is just not good.
If you are not paying much electricity with your gridseed, might be just good to keep it going for a while anyway whilst the fee is just eating up so much.

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January 05, 2015, 11:26:28 AM
 #2204

If they start selling scrypt again I don´t see it as a buy

above 25 cents US per MH and that´s me being generous.

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January 05, 2015, 11:28:33 AM
 #2205

If they start selling scrypt again I don´t see it as a buy

above 25 cents US per MH and that´s being generous.

I don't think they would want to at the moment, why buy a Scrypt Asic if you aren't gonna even get ROI on it yourself, let alone your customers.

I can understand why they would not want to sell it at the moment...Unless you want Scrypt to support a coin that you love or it's network, you would have to be mad to invest in Scrypt at the moment.

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January 06, 2015, 01:52:36 AM
 #2206

I just paid for another 10th/s contract (Marco please check your inbox)
Ian I think I`ll use your affiliate code for the small discounts in the near future.
Why? because I appreciate your work (youtube and logging results on the board, you should post more vids though...) and you aren't proactively asking me to use your code like some other cheap guys here (just read my previous post in this thread to see who I am referring to).

anyways, Marco please check your PM

-cryptobobangelo


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January 06, 2015, 02:19:06 AM
 #2207

That´s what outlay of 24-25 BTC and a daily payout of .085.

Which will drop by 15% in six days it seems.

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January 06, 2015, 09:12:07 AM
 #2208

I just paid for another 10th/s contract (Marco please check your inbox)
Ian I think I`ll use your affiliate code for the small discounts in the near future.
Why? because I appreciate your work (youtube and logging results on the board, you should post more vids though...) and you aren't proactively asking me to use your code like some other cheap guys here (just read my previous post in this thread to see who I am referring to).

anyways, Marco please check your PM

-cryptobobangelo




Hi Bob.
Thanks for your nice comments and your kindness with the code, I will be doing more videos soon, just been pretty busy and was away over Xmas and New year and is hard for me to access a decent computer to do videos with.
I will be updating my data etc soon as well.

But will post links.

Thanks

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January 06, 2015, 09:13:52 AM
 #2209

That´s what outlay of 24-25 BTC and a daily payout of .085.

Which will drop by 15% in six days it seems.

15% now......Crikey!

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January 06, 2015, 11:11:00 AM
 #2210

That´s what outlay of 24-25 BTC and a daily payout of .085.

Which will drop by 15% in six days it seems.

15% now......Crikey!


I guess a good chunk of equipment will be momentarily taken offline

just before the next adjustment. I seem to remember something along

those lines from last year. Otherwise this will be a bloody disaster.

IanFoxley
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January 06, 2015, 12:41:06 PM
 #2211

That´s what outlay of 24-25 BTC and a daily payout of .085.

Which will drop by 15% in six days it seems.

15% now......Crikey!


I guess a good chunk of equipment will be momentarily taken offline

just before the next adjustment. I seem to remember something along

those lines from last year. Otherwise this will be a bloody disaster.


I can see Litecoin difficulty is dropping a lot, must be because of these companies that have stopped Scrypt mining, like Zeushash etc

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January 06, 2015, 12:46:23 PM
 #2212

They will pull back together, most likely




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January 06, 2015, 12:48:57 PM
 #2213

Which could breathe some life into BTC


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January 06, 2015, 02:56:46 PM
 #2214

That´s what outlay of 24-25 BTC and a daily payout of .085.

Which will drop by 15% in six days it seems.

15% now......Crikey!


I guess a good chunk of equipment will be momentarily taken offline

just before the next adjustment. I seem to remember something along

those lines from last year. Otherwise this will be a bloody disaster.


I can see Litecoin difficulty is dropping a lot, must be because of these companies that have stopped Scrypt mining, like Zeushash etc

Nah, they just turned the off for now because the price of LTC is lower than the cost of power. When the price rises you'll see the bump up in hashpower again.
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January 06, 2015, 03:02:32 PM
 #2215

Which could breathe some life into BTC



Bitstamp, they need to charge extra now to cover their $5 Million loss Wink
cryptobobangelo
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January 06, 2015, 09:17:28 PM
 #2216

Thanks for the fast service Marco. Just got another 10TH credited to my account.
BUT... there is something strange going on in the new dashboard; when I want to order another 10TH and I want to pay it in EUR I get the following:

10 TH/s NaN.N EUR  <--- Weird stuff, I also cant continue and create another order. Does anybody else have this issue? Please check for me if you`d like and post it back in this thread.

If not fixed by tomorrow I`ll create a proper ticket.

Cheers
IanFoxley
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January 06, 2015, 10:08:54 PM
Last edit: January 06, 2015, 10:46:45 PM by IanFoxley
 #2217

Thanks for the fast service Marco. Just got another 10TH credited to my account.
BUT... there is something strange going on in the new dashboard; when I want to order another 10TH and I want to pay it in EUR I get the following:

10 TH/s NaN.N EUR  <--- Weird stuff, I also cant continue and create another order. Does anybody else have this issue? Please check for me if you`d like and post it back in this thread.

If not fixed by tomorrow I`ll create a proper ticket.

Cheers

Just checked, found same thing. I sent ticket anyway.

Edit...They replied to ticket and it was fixed a short while ago, so you should be able to order in Euros now.

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January 07, 2015, 12:34:48 AM
 #2218

So... logged in today and got greeted by this :

"Important note!

Congratulations! Your hashpower has been upgraded and your machines are already mining!

To be able to receive your payouts please set your Bitcoin wallet address here."

Ah not seen any change.. what exactly did i upgrade to?

Still at 40 gh/s and 20 mh/s

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cryptobobangelo
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January 07, 2015, 01:01:08 AM
 #2219

Thanks for the fast service Marco. Just got another 10TH credited to my account.
BUT... there is something strange going on in the new dashboard; when I want to order another 10TH and I want to pay it in EUR I get the following:

10 TH/s NaN.N EUR  <--- Weird stuff, I also cant continue and create another order. Does anybody else have this issue? Please check for me if you`d like and post it back in this thread.

If not fixed by tomorrow I`ll create a proper ticket.

Cheers

Just checked, found same thing. I sent ticket anyway.

Edit...They replied to ticket and it was fixed a short while ago, so you should be able to order in Euros now.

Thanks a bunch Ian, I`ll make sure to use your discount code tomorrow for another 10th/s
tylerderden
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January 07, 2015, 02:40:50 AM
 #2220

unbelievable 20 mhs home miners 22 via per day, 20 mhs genesis .7 via. this is just fucking ridiculous. doesnt seem to matter price of btc price of the coin being mined fees whatever its just constant buttfucking by this sham. worst investment ever. sorry if thats offensive to you fanboys, i consider taking thousands of dollars from your customers and sitting back doing nothing to help the situation far more offensive than any harsh words so too fucking bad if you dont like it, this is absolute garbage.
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