Zeta0S
Legendary
 Offline
Activity: 1890
Merit: 1031
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January 08, 2016, 06:49:47 PM |
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Or maybe try a hosting service that lets you sell your position giving a real chance at "roi."
And have the risk the whole operation been shut down by law, you lose everything, no thank you. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Abiky
Legendary
Offline
Activity: 3178
Merit: 1359
www.Crypto.Games: Multiple coins, multiple games
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January 08, 2016, 06:58:11 PM |
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I have been using Genesis Mining for quite some time now and everything seems to be legit (at least). For several weeks, I have gone into mining with them by purchasing a 1.5 mh/s X11 contract. Just to be safe, I have invested a minimal amount, but as soon as I get ROI (if I did), then I will upgrade my hashrate. Does anybody know how long it would take approximately to reach ROI with a 1 year contract of x11 mining algorithm?  |
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Zeta0S
Legendary
Offline
Activity: 1890
Merit: 1031
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January 08, 2016, 07:14:38 PM |
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Let`s not forget the Ether mining, i think that is gonna be HUGE!
Microsoft is even investing in it, and the network around it.
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loki0505
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January 08, 2016, 07:43:43 PM |
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ETH is about to be 1:1 with US Dollar!!  GET ETH NOW! |
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IanFoxley
Legendary
Offline
Activity: 910
Merit: 1000
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January 09, 2016, 09:22:10 AM |
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Sooooo how many of you got paid double yesterday??
I guess it was an accident.
Did anyone else get 2 payouts the same?
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Abiky
Legendary
Offline
Activity: 3178
Merit: 1359
www.Crypto.Games: Multiple coins, multiple games
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January 09, 2016, 10:23:57 PM |
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Sooooo how many of you got paid double yesterday??
I guess it was an accident.
Did anyone else get 2 payouts the same?
I bet it was just a mistake when processing the payouts for yesterday. Just checked mine and payouts were the same or close to one another in terms of amount paid. That means you got lucky then. Here you can see a list of my previous payouts, just in case   |
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biggbox
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January 10, 2016, 04:03:43 AM |
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To those who are interested in Ether mining and wish to avoid the hassle of setting up Ether wallet, get a Poloniex account and generate an Ether address. Hopefully, 6 months down the road Ether wallet matures and you could transfer the Ethers.
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1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
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Matt707
Newbie
Offline
Activity: 6
Merit: 0
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January 11, 2016, 06:57:58 AM |
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Time to share my experience
The only reason i joined was because i didn't take the daily maintenance fee into account properly, otherwise i would never have joined.. Why? Because if you purchase sha256 mining, nearly 45% of your daily profit at (93,448,670,796 difficulty) goes into the maintenance
So i decided to ask for a refund since they claimed to offer a 5 day moneyback guarantee...At first i got an e-mail saying that the contracts are non cancelable blah blah, however after insisting they agreed to refund me
So i should have got refunded what i invested minus what i have earned so far, however i got ripped of by about 0.03 Btc ~ 15$..
For those still wondering if they should or not invest in cloud mining, here is the stats to help you make a decision
1TH's purchased for 0.975 Btc ~ $419 at 93,448,670,796 Difficulty will generate after fees 0.0031 Btc ~ $1.33 daily
So even without any difficulty increase you will still need nearly 1 year to just break even... And in about 20 hours the difficulty will increase by about 12% so the same contract will only generate $1.187 instead of $1.33 in Btc profit daily
Is this true? Has Genesis honored a 5 day money back guarantee? I signed up less than 48 hrs ago (paid in bitcoin), and I've just requested a full refund. If Genesis is legit I have nothing to worry about but... Any help would be much appreciated. |
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Genesis-Mining (OP)
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January 11, 2016, 08:08:18 AM
Last edit: January 11, 2016, 08:38:56 AM by Genesis-Mining |
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Hi Genesis Mining Community
We have a treat for you here until Midnight UTC timezone tomorrow.
Use code BTCT10 to get 10% off Ether and X11 contracts.
This does not work for SHA 256 contracts, just those mentioned.
Happy Mining Guys and Gals.
Genesis Mining
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slavo
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January 11, 2016, 02:03:15 PM |
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hey! I want to mine cryptonight  |
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flagpara
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January 11, 2016, 02:15:33 PM |
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Could we have some details about the fees? Cause here i just get a random number everyday without any mean to know where they come from...
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IanFoxley
Legendary
Offline
Activity: 910
Merit: 1000
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January 11, 2016, 02:28:12 PM |
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Could we have some details about the fees? Cause here i just get a random number everyday without any mean to know where they come from...
Fees are in your contract . |
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biggbox
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January 11, 2016, 05:22:33 PM
Last edit: January 11, 2016, 05:48:42 PM by biggbox |
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Hi Genesis Mining Community
We have a treat for you here until Midnight UTC timezone tomorrow.
Use code BTCT10 to get 10% off Ether and X11 contracts.
This does not work for SHA 256 contracts, just those mentioned.
Happy Mining Guys and Gals.
Genesis Mining
Sadly, unable to utilise your discount code because your login page is down. Wanted to get Ether. Hi Everyone.
Just to let you know, at this moment in time, there are issues with Logins and access to your mining interface.
We will hope to have it fixed very soon.
Any mining and payouts etc will carry on as normal.
I will update this post when we have more news.
Regards
Genesis Mining
Please get it fixed ASAP, before your discount code expires.  |
1Cr9iLWm2dSGH8259VQd2wDzpkR63jGVjW
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Genesis-Mining (OP)
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January 11, 2016, 06:04:41 PM |
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Please get it fixed ASAP, before your discount code expires. We have plans about the code, but we will wait until all is up and running first. |
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Mardjago
Newbie
Offline
Activity: 42
Merit: 0
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January 11, 2016, 09:39:01 PM |
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Please get it fixed ASAP, before your discount code expires. We have plans about the code, but we will wait until all is up and running first. Why is the site down admin? Working on something? |
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Genesis-Mining (OP)
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January 12, 2016, 09:31:06 AM |
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Dear Genesis Mining users.
Update for January 12th 2016 09:30am UTC
We are still working on the problem with our homepage and getting it back on. The relaunch is planned within today.
Again: This is a temporary issue that did not affect the backend and, of course, will not affect payouts.
We thank you for your patience so far
Regards
Genesis Mining
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Indianacoin
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January 12, 2016, 05:25:32 PM |
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Update for January 12th 2016 09:30am UTC
We are still working on the problem with our homepage and getting it back on. The relaunch is planned within today.
Again: This is a temporary issue that did not affect the backend and, of course, will not affect payouts.
Thanks for notifying. I was worried whether Genesis mining got shut down or DDoS-ed! Btw, I have a question regarding transfer of contracts. Can I transfer my ongoing one year SHA-256 and lifetime SHA-256 contracts to Ethereum mining until it turns into a POS stage? It will be helpful if you allow us to do so  |
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Bitcoin 420
Newbie
Offline
Activity: 29
Merit: 0
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January 12, 2016, 11:02:00 PM |
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still missing my payout from 12-01-16 Anybody else? |
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Zeta0S
Legendary
Offline
Activity: 1890
Merit: 1031
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January 12, 2016, 11:28:46 PM |
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still missing my payout from 12-01-16 Anybody else? No, i got it today, like always |
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