crazyearner
Legendary
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Activity: 1820
Merit: 1001
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September 21, 2015, 12:06:55 PM |
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UNO is merge mined if so all those who are mining bitcoin should also receive part of UNO too if i am not wrong !!
Most merge mining places I have seen end up paying BTC. Onces that have BTC NMC Doge on it combined all and sell automatic and get no option to keep the alts. Theirs a few pools that do pay the alts separate if want to sell them at a later date but its next to nothing unless you got a big chunk of hash power.
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elrippo
Legendary
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Activity: 1008
Merit: 1001
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September 21, 2015, 12:13:52 PM |
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I have a spondoolies referral account and no payout since 19.09.2015 I wonder for the explanation
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For Advertisement. PM me to discuss.
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julian071
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September 21, 2015, 12:24:18 PM |
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OK, so the 4.17% rise in diff of the 17th of september made all existing contracts totally unprofitable. Right.
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=P
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alienesb
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September 21, 2015, 12:28:48 PM |
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Without the ability to resell your shares/machine/whatever you should never buy into a "cloud" operation.
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fairglu
Legendary
Offline
Activity: 1100
Merit: 1032
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September 21, 2015, 12:29:21 PM |
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Doesn't really explain why the payments suddenly fell so sharply while price rose (a little) in the same period.
Also difficulty went up from 57 (x1e9) to 59.3, or a mere 4% increase. On the sept 4, there was a similar increase in difficulty (54.25 to 57, or 5% increase), which did not result in a sharp drop in payouts. So clearly something does not compute.
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Glucose
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September 21, 2015, 12:37:21 PM |
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Doesn't really explain why the payments suddenly fell so sharply while price rose (a little) in the same period.
Also difficulty went up from 57 (x1e9) to 59.3, or a mere 4% increase. On the sept 4, there was a similar increase in difficulty (54.25 to 57, or 5% increase), which did not result in a sharp drop in payouts. So clearly something does not compute. GM should practice mathematics. Still waiting for a serious explanations here.
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AltFaucets
Member
Offline
Activity: 84
Merit: 10
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September 21, 2015, 12:48:21 PM |
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Doesn't really explain why the payments suddenly fell so sharply while price rose (a little) in the same period.
Also difficulty went up from 57 (x1e9) to 59.3, or a mere 4% increase. On the sept 4, there was a similar increase in difficulty (54.25 to 57, or 5% increase), which did not result in a sharp drop in payouts. So clearly something does not compute. GM should practice mathematics. Still waiting for a serious explanations here. Check Hashnest - they are diving down too.. It is about BTC price vs. mining difficulty..
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elrippo
Legendary
Offline
Activity: 1008
Merit: 1001
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September 21, 2015, 12:50:05 PM |
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Doesn't really explain why the payments suddenly fell so sharply while price rose (a little) in the same period.
Also difficulty went up from 57 (x1e9) to 59.3, or a mere 4% increase. On the sept 4, there was a similar increase in difficulty (54.25 to 57, or 5% increase), which did not result in a sharp drop in payouts. So clearly something does not compute. GM should practice mathematics. Still waiting for a serious explanations here. Check Hashnest - they are diving down too.. It is about BTC price vs. mining difficulty.. Yeah, but you cant dive down from 10k satoshi to nothing bcause of a 4% increase in Diff, that is not possible
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For Advertisement. PM me to discuss.
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Roquene
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September 21, 2015, 12:52:41 PM |
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Hashnest is worse at the moment. Lost 0.004 since yesterday. Very bad luck.
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AltFaucets
Member
Offline
Activity: 84
Merit: 10
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September 21, 2015, 12:56:56 PM |
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Doesn't really explain why the payments suddenly fell so sharply while price rose (a little) in the same period.
Also difficulty went up from 57 (x1e9) to 59.3, or a mere 4% increase. On the sept 4, there was a similar increase in difficulty (54.25 to 57, or 5% increase), which did not result in a sharp drop in payouts. So clearly something does not compute. GM should practice mathematics. Still waiting for a serious explanations here. Check Hashnest - they are diving down too.. It is about BTC price vs. mining difficulty.. Yeah, but you cant dive down from 10k satoshi to nothing bcause of a 4% increase in Diff, that is not possible No, for sure not! But the price of GHS on Hashnest in the past two weeks dropped 60% down !! Hopefully GM will explain this situation soon..
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AltFaucets
Member
Offline
Activity: 84
Merit: 10
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September 21, 2015, 12:58:56 PM |
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Hashnest is worse at the moment. Lost 0.004 since yesterday. Very bad luck.
Everyday i'm afraid to check their stats.. is worse and worse..
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alienesb
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September 21, 2015, 12:59:02 PM |
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Doesn't really explain why the payments suddenly fell so sharply while price rose (a little) in the same period.
Also difficulty went up from 57 (x1e9) to 59.3, or a mere 4% increase. On the sept 4, there was a similar increase in difficulty (54.25 to 57, or 5% increase), which did not result in a sharp drop in payouts. So clearly something does not compute. GM should practice mathematics. Still waiting for a serious explanations here. Check Hashnest - they are diving down too.. It is about BTC price vs. mining difficulty.. Yeah, but you cant dive down from 10k satoshi to nothing bcause of a 4% increase in Diff, that is not possible No, for sure not! But the price of GHS on Hashnest in the past two weeks dropped 60% down !! Hopefully GM will explain this situation soon.. Of course it's dropped with S7 announced and shipments starting soon (already in some cases.) That is a price correction, not a complete disaster in rewards.
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clgrissom3
Legendary
Offline
Activity: 1722
Merit: 1032
Carl, aka Sonny :)
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September 21, 2015, 01:13:47 PM |
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Without the ability to resell your shares/machine/whatever you should never buy into a "cloud" operation.
You've nailed it! I went against my own better judgment and bought a hash contract while knowing there was no way to get out. I basically did it as a test to see how long it would run with steady payouts but dang, it started falling apart after only 25 days! I thought if this was legit it might last a little more than a year. I knew I would need 2 years to come close to ROI so I was okay with doing this as a test but I didn’t realize I was going to lose my whole investment before the end of the first month. I thought I was sharper than that!
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Glucose
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September 21, 2015, 01:25:35 PM |
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Without the ability to resell your shares/machine/whatever you should never buy into a "cloud" operation.
You've nailed it! I went against my own better judgment and bought a hash contract while knowing there was no way to get out. I basically did it as a test to see how long it would run with steady payouts but dang, it started falling apart after only 25 days! I thought if this was legit it might last a little more than a year. I knew I would need 2 years to come close to ROI so I was okay with doing this as a test but I didn’t realize I was going to lose my whole investment before the end of the first month. I thought I was sharper than that! Let's wait for GM explanation. Maybe it's a technical error. Because I have NO payout at all for 2 days now (the mining days doesn't even appear on the "payout" board)
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clgrissom3
Legendary
Offline
Activity: 1722
Merit: 1032
Carl, aka Sonny :)
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September 21, 2015, 01:40:08 PM |
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Without the ability to resell your shares/machine/whatever you should never buy into a "cloud" operation.
You've nailed it! I went against my own better judgment and bought a hash contract while knowing there was no way to get out. I basically did it as a test to see how long it would run with steady payouts but dang, it started falling apart after only 25 days! I thought if this was legit it might last a little more than a year. I knew I would need 2 years to come close to ROI so I was okay with doing this as a test but I didn’t realize I was going to lose my whole investment before the end of the first month. I thought I was sharper than that! Let's wait for GM explanation. Maybe it's a technical error. Because I have NO payout at all for 2 days now (the mining days doesn't even appear on the "payout" board) I've gotten payouts for the past 2 days but they are drastically lower than I was getting two weeks ago when BTC prices were lower. Technical error or not the main failing here is a total lack of transparency with Genesis Mining. It's even more apparent when a problem like this crops up that we have no meaningful view into the operation at all.
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Roquene
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September 21, 2015, 01:42:02 PM |
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Let's wait for GM explanation. Maybe it's a technical error. Because I have NO payout at all for 2 days now (the mining days doesn't even appear on the "payout" board)
With normal Genesis Contract or Spondoolies? Because somebody said only the spondoolies have the problem. At least my normal works fine now. Got every payout and with ~265 Sat. per GH/s not even bad.
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Glucose
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September 21, 2015, 01:45:51 PM |
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Let's wait for GM explanation. Maybe it's a technical error. Because I have NO payout at all for 2 days now (the mining days doesn't even appear on the "payout" board)
With normal Genesis Contract or Spondoolies? Because somebody said only the spondoolies have the problem. At least my normal works fine now. Got every payout and with ~265 Sat. per GH/s not even bad. I only have genesis contracts. It doesn't look good. They answered my ticket saying it's because of difficulty rising. According to my calculation, it's absolutely IMPOSSIBLE that my payout goes from 0.09 to 0.0000000.
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Roquene
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September 21, 2015, 01:48:16 PM |
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Really strange. GM shows a similar behavior as Scrypt.cc.
And that's, of course, extremely bad.
But still hope for the best. *Fingers crossed*
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clgrissom3
Legendary
Offline
Activity: 1722
Merit: 1032
Carl, aka Sonny :)
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September 21, 2015, 01:50:17 PM |
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Let's wait for GM explanation. Maybe it's a technical error. Because I have NO payout at all for 2 days now (the mining days doesn't even appear on the "payout" board)
With normal Genesis Contract or Spondoolies? Because somebody said only the spondoolies have the problem. At least my normal works fine now. Got every payout and with ~265 Sat. per GH/s not even bad. I have a normal Genesis contract (1.5TH/s) and my average was at ~254 per GH/s up until 3 days ago. For the past three days it has averaged ~173 and the progression has been getting lower each day.
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galdur
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September 21, 2015, 02:14:48 PM |
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Well, if it gives up the ghost it will be the universe´s second most legit cloud mining operation to do so this year.
Most legit as in according to scam experts on these here threads.
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