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

[galdur]

I purchased a contract today at the new prices and the lower fees that they have.
They must have new hardware for these new contracts, so can pass on those savings to those customers.

Anyway I will post my payouts in a day or so as the first payout tomorrow will only be a partial payout anyway.

I will get a 50GH/s payout, but to compare it to 10GH/s  I will divide the payout by 5 to make 10GH/s, then will compare it with the others.

Ian

Best of luck with that. After watching their overpriced scrypt (fortunately I gave them only .189 BTC) soon turn into horse shit I will never ever do business with this company and certainly not recommend it to anyone.

4 GH/s divided mines

0.03447330 DOGE
0.20997374 RDD
0.00000399 LTC (which isn´t even paid out)

Really ? Really ?

[1714004594]

1714004594

[IanFoxley]

I purchased a contract today at the new prices and the lower fees that they have.
They must have new hardware for these new contracts, so can pass on those savings to those customers.

Anyway I will post my payouts in a day or so as the first payout tomorrow will only be a partial payout anyway.

I will get a 50GH/s payout, but to compare it to 10GH/s  I will divide the payout by 5 to make 10GH/s, then will compare it with the others.

Ian

Best of luck with that. After watching their overpriced scrypt (fortunately I gave them only .189 BTC) soon turn into horse shit I will never ever do business with this company and certainly not recommend it to anyone.

4 GH/s divided mines

0.03447330 DOGE
0.20997374 RDD
0.00000399 LTC (which isn´t even paid out)

Really ? Really ?

You probably mean 4 MH/s as I think with 4GH/s you would have got more ..

[galdur]

Yeah, 4 MH/s.

[IanFoxley]

Yeah, 4 MH/s.

Yeh with 4GH/s you would had about 0.00002476 so you could at least get a whole doge and more and a whole RDD and more with that and a bit more LTC..

[galdur]

And now people are supposed to buy their way overpriced SHA. Where´s the guy who was bragging here a few days ago about throwing thousands of dollars into the sinkhole. He should report back on outlay vs. daily payout.

[Mike18feb]

4 MHs doesn't get you anything of value anywhere. But fine, nobody is forcing anybody to buy hashrate. And if you want to gamble (and you do, otherwise you would never have gotten involved in anything as risky as crypto currency anyway) then buy some Bitcoin now and wait with investing until value has gone up to $300 or more. Might be a damn long wait, but who knows

[Deadstock]

4 MHs doesn't get you anything of value anywhere. But fine, nobody is forcing anybody to buy hashrate. And if you want to gamble (and you do, otherwise you would never have gotten involved in anything as risky as crypto currency anyway) then buy some Bitcoin now and wait with investing until value has gone up to $300 or more. Might be a damn long wait, but who knows

Heck,I have 10MH/s and my BTC payouts been ZERO since January 11th...it says stored in coin balance but theres nowhere to find that either lol

[btccook]

4 MHs doesn't get you anything of value anywhere. But fine, nobody is forcing anybody to buy hashrate. And if you want to gamble (and you do, otherwise you would never have gotten involved in anything as risky as crypto currency anyway) then buy some Bitcoin now and wait with investing until value has gone up to $300 or more. Might be a damn long wait, but who knows

Heck,I have 10MH/s and my BTC payouts been ZERO since January 11th...it says stored in coin balance but theres nowhere to find that either lol

140 MH/s yields less then payout threshold too

[samsonn25]

4 MHs doesn't get you anything of value anywhere. But fine, nobody is forcing anybody to buy hashrate. And if you want to gamble (and you do, otherwise you would never have gotten involved in anything as risky as crypto currency anyway) then buy some Bitcoin now and wait with investing until value has gone up to $300 or more. Might be a damn long wait, but who knows

Heck,I have 10MH/s and my BTC payouts been ZERO since January 11th...it says stored in coin balance but theres nowhere to find that either lol

140 MH/s yields less then payout threshold too

LTC: The 140MH is equivalent to 350 Radeon 7950 (400KH) last year at $400 each.  Holy Crap!  

BTC mining  is (400MH) per each Radeon 7950 card

[galdur]

4 MHs doesn't get you anything of value anywhere. But fine, nobody is forcing anybody to buy hashrate. And if you want to gamble (and you do, otherwise you would never have gotten involved in anything as risky as crypto currency anyway) then buy some Bitcoin now and wait with investing until value has gone up to $300 or more. Might be a damn long wait, but who knows

Heck,I have 10MH/s and my BTC payouts been ZERO since January 11th...it says stored in coin balance but theres nowhere to find that either lol

140 MH/s yields less then payout threshold too

That sounds like some serious loss.

Well, I doubt that people are standing in line now to buy their way overpriced SHA.

[Wintermute]

I purchased a contract today at the new prices and the lower fees that they have.
They must have new hardware for these new contracts, so can pass on those savings to those customers.

Anyway I will post my payouts in a day or so as the first payout tomorrow will only be a partial payout anyway.

I will get a 50GH/s payout, but to compare it to 10GH/s  I will divide the payout by 5 to make 10GH/s, then will compare it with the others.

Ian

Best of luck with that. After watching their overpriced scrypt (fortunately I gave them only .189 BTC) soon turn into horse shit I will never ever do business with this company and certainly not recommend it to anyone.

4 GH/s divided mines

0.03447330 DOGE
0.20997374 RDD
0.00000399 LTC (which isn´t even paid out)

Really ? Really ?

It is funny to see the same people that wrote "Their scrypt is good." now come back and scream "scam".

https://bitcointalk.org/index.php?topic=768931.msg9476459#msg9476459

Take responsibility for your investment decision! You knew before that it was risky. If you do not understand what you are doing, better do not get involved in mining.

[Genesis-Mining]

Galdur - Your post was deleted due to unnecessary language.

[julian071]

I purchased a contract today at the new prices and the lower fees that they have.
They must have new hardware for these new contracts, so can pass on those savings to those customers.

Anyway I will post my payouts in a day or so as the first payout tomorrow will only be a partial payout anyway.

I will get a 50GH/s payout, but to compare it to 10GH/s  I will divide the payout by 5 to make 10GH/s, then will compare it with the others.

Ian

Best of luck with that. After watching their overpriced scrypt (fortunately I gave them only .189 BTC) soon turn into horse shit I will never ever do business with this company and certainly not recommend it to anyone.

4 GH/s divided mines

0.03447330 DOGE
0.20997374 RDD
0.00000399 LTC (which isn´t even paid out)

Really ? Really ?

It is funny to see the same people that wrote "Their scrypt is good." now come back and scream "scam".

https://bitcointalk.org/index.php?topic=768931.msg9476459#msg9476459

Take responsibility for your investment decision! You knew before that it was risky. If you do not understand what you are doing, better do not get involved in mining.

+1. Enough with the whining.

I have 156 MH. It's 'learning money that I paid' now, as we say in Holland. I did not invest more then I could afford to lose and that's that.

Ian, how are the new maintenance fees structured exactly?

[IanFoxley]

Ian, how are the new maintenance fees structured exactly?
[/quote]

Well, all I know is that since the new contracts started, then with the lower prices came lower daily fees.

Originally with SHA contracts, there was a daily fee of 0.02 USD per 10GH/s that we have taken off our payouts.

But with the new lower priced contracts, then it is now 0.015 USD per 10GH/s so basically if you purchase 1TH, you would have 1.50 USD taken from your payout instead of 2 USD which it was before.

These fee changes are only for the new priced contracts so if you have one that was before the change, then they do not apply.

It is easy to find out though, just view your contract and it will list in there what your daily fee is..

Ian

[galdur]

I purchased a contract today at the new prices and the lower fees that they have.
They must have new hardware for these new contracts, so can pass on those savings to those customers.

Anyway I will post my payouts in a day or so as the first payout tomorrow will only be a partial payout anyway.

I will get a 50GH/s payout, but to compare it to 10GH/s  I will divide the payout by 5 to make 10GH/s, then will compare it with the others.

Ian

Best of luck with that. After watching their overpriced scrypt (fortunately I gave them only .189 BTC) soon turn into horse shit I will never ever do business with this company and certainly not recommend it to anyone.

4 GH/s divided mines

0.03447330 DOGE
0.20997374 RDD
0.00000399 LTC (which isn´t even paid out)

Really ? Really ?

It is funny to see the same people that wrote "Their scrypt is good." now come back and scream "scam".

https://bitcointalk.org/index.php?topic=768931.msg9476459#msg9476459

Take responsibility for your investment decision! You knew before that it was risky. If you do not understand what you are doing, better do not get involved in mining.

+1. Enough with the whining.

I have 156 MH. It's 'learning money that I paid' now, as we say in Holland. I did not invest more then I could afford to lose and that's that.

Ian, how are the new maintenance fees structured exactly?

Congratulations. Hope you throw even more into this sinkhole.

[julian071]

Ian, how are the new maintenance fees structured exactly?

Well, all I know is that since the new contracts started, then with the lower prices came lower daily fees.

Originally with SHA contracts, there was a daily fee of 0.02 USD per 10GH/s that we have taken off our payouts.

But with the new lower priced contracts, then it is now 0.015 USD per 10GH/s so basically if you purchase 1TH, you would have 1.50 USD taken from your payout instead of 2 USD which it was before.

These fee changes are only for the new priced contracts so if you have one that was before the change, then they do not apply.

It is easy to find out though, just view your contract and it will list in there what your daily fee is..

Ian

Thanks! So a 25% reduction in fees, that's very good.

[alienesb]

Still nothing since the 12th. Not a lick of payments in sight.

[IanFoxley]

Still nothing since the 12th. Not a lick of payments in sight.

Send them a ticket then, they might be able to help.

[Icon]

So got an email today saying genesis mining will convert my scrypt to sha256 mining 1 to 1 1mh/s  to 1 gh/s, that's great in all something is better then nothing, that said your scrypt was A WHOLE LOT MORE EXPENSIVE, vs the the price of sha256 contract, for me i paid over 1.019 btc for my 20 mh/s scrypt and a meer .08 for the 40 gh/s i own. So if it all possible how about a 10 to 1 scrypt to sha256 so my 20 mh/s = 200 gh/s?

Icon

[t0maten]

Wow expensive ghs conversion...