Genesis-mining.com || World's leading hashpower provider!

[siampumpkin]

Anybody interested in buying a small account of 8 MH Script with Genesis. Can escrow through respected member if required. Please Make offers here or via PM.  Thanks.

[1714169912]

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[Zeta0S]

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

Icon
 

We all  got that message. The site had a upgrade that's all, no worry's

[Zeta0S]

Bitcoin Difficulty:    40,640,955,017
Estimated Next Difficulty:    45,261,266,439 (+11.37%)
Adjust time:    After 694 Blocks, About 4.4 days 

[galdur]

Bitcoin Difficulty:    40,640,955,017
Estimated Next Difficulty:    45,261,266,439 (+11.37%)
Adjust time:    After 694 Blocks, About 4.4 days 

It´s pulling back at little.

[IanFoxley]

Bitcoin Difficulty:    40,640,955,017
Estimated Next Difficulty:    45,261,266,439 (+11.37%)
Adjust time:    After 694 Blocks, About 4.4 days 

It´s pulling back at little.

Indeed !

45,145,786,076 (+11.08%)

[galdur]

I reckon small miners will have to bite the bullet until the dollar decides

to take a substantial correction, which should decrease the incentive for

the big boys to mine and dump. If crude tanks further, which seems likely,

this will have grave consequences for megatons of junk bonds in the U.S

on top of teratons of other debt, not to mention debt in emerging markets.

Then it´s dominoes in the European mess.

It´s a multiple train wreck waiting to happen, just a question of time, so hang in there.

[cryptobobangelo]

Once again the Nan bread error returns : 10 TH/s NaN.N EUR

Cant place new orders. I already created a ticket.

[IanFoxley]

Once again the Nan bread error returns : 10 TH/s NaN.N EUR

Cant place new orders. I already created a ticket.

I love Nan Bread, but that is not a good error to have Bob.

[Zeta0S]

I which the All Time High Of last year came back

[cryptobobangelo]

I just got a reply in my ticket from Craig. I think they fixed it since I placed a new order. Excellent service!
This will be the second order with your code Ian

cheers

[IanFoxley]

I which the All Time High Of last year came back

I bet that was a case of someone pressing the wrong button and going OOOOPs...after.haha

[IanFoxley]

I just got a reply in my ticket from Craig. I think they fixed it since I placed a new order. Excellent service!
This will be the second order with your code Ian

cheers

Thanks very much Bob, wish I could repay you somehow...

[galdur]

Total hashrate has tanked to 299 PH/s which is just a 3% or so

increase from the last diff. adjustment so I guess it looks like

3% next but not 10%.

https://bitcoinwisdom.com/bitcoin/difficulty

It was as high as 325 PH/s earlier this week.

Edit; dropped to 296,576,204 GH/s just now.

If this keeps up it´ll end up negative 

[IanFoxley]

That will be good

[Zeta0S]

Total hashrate has tanked to 299 PH/s which is just a 3% or so

increase from the last diff. adjustment so I guess it looks like

3% next but not 10%.

https://bitcoinwisdom.com/bitcoin/difficulty

It was as high as 325 PH/s earlier this week.

Edit; dropped to 296,576,204 GH/s just now.

If this keeps up it´ll end up negative 

Hope so

[tylerderden]

let us mine on out own pool please. i seem to be able to do about a million times better on my own so lets get it done!

[galdur]

It´s just another bitcoin scam I guess.

Now total hashrate of the network is just about flat on 12/30 but it´s still going to be +8% diff increase because the calculation is based on the last 2016 blocks. Total fabrication.

[IanFoxley]

let us mine on out own pool please. i seem to be able to do about a million times better on my own so lets get it done!

Just to give you an idea, the daily fees per MH/s at the moment due to the low price of BTC are taking around 16000-17000 sat from your payout each day.

Looking at multipool data from poolpicker. eu I can see the following.

Most pools are paying out ..before fees anything from 20948 satoshi (coinking) down to 14900 Satoshi (LTC Rabbit)

Cleverminings payout in the last 24 hours was 15400 satoshi so that would mean, that you wouldn't get a payout at all, if GM let you mine on Cleverpool, as the daily fee was more than their payout.

So if GM let you mine your own pool, you still are not going to get much anyway as once you detract the fee, it is going to be very similar or worse to what GM is paying out right now, so their Auto Trade function seems to function.

You have that advantage of being able to mine and not have it removed for electricity etc, you pay for that later, although I still do wonder what your home rigs electricity bill each month is. Most ASICs I see, have to have 1000W - 1500 W PSUs attached to them and that must cost a lot each day running at home, although that depends where you live I guess. I know where I live, if I was mining, I would end up paying more in electricity than I was mining which is why I decided to do Cloud Mining in the first place.

[galdur]

So, the criminals in charge of these big mining operations have a cartel where they fabricate this so called difficulty, this much this period, this much that all according to how much payouts they want to scam from customers´payout the next period. Then the customers are left constantly scratching their heads over why their earnings are constantly tanking and why bitcoin edges ever closer to 100? 50? zero?

[galdur]

hashrate 12/30 290,919,288 GH/s

now        290,485,097 GH/s

Estimated Next Difficulty:   43,933,722,318 (+8.10%)
Adjust time:   After 364 Blocks, About 2.4 days

See how they play it ?