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

[sbtctalk]

I guess they gone scam as I haven't received my payment for more than 2 days, wtf?

Read the complaints in this discussion. Genesis mining are binding you with their contracts with fine prints. It is your fault if you did not read them. I am not a Genesis mining user but G M will terminate your contract after 20 days if your payouts are less than the maintenance fees.

I guess they gone scam as I haven't received my payment for more than 2 days, wtf?

I think i know what`s happening, you are below the payment threshold, after a couple of days you are over the threshold and you receive payment.

Zeta0S, you should be telling the truth or the complete picture. Stop hoodwinking newcomers.

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[meprun]

I am a little bit dissapionted until now that GM hasnt provided miners with bitcoin contracts the opportunity to switch.
There must be a lot of people, almost everybody i think that are unable to make profit on bitcoin right now.
A good cloud mining company cares about it's own long-term goals and offers something in return.
OR most people already left the contract.

My opioning of GM at the moment is that they are focused on short term profits and eventuelly they do the same with X11 and Etherium.
With attracting less and less people because they are setting up investment plans where they already know for 80% there own investment is a bad one.
And GM is correct i that didnt pay attention when signing(i didnt know of the halving, last year), but i have enough profits earned with trading, so its no problem. I also have enough opportunities with x11 to made a big profit, if i just saved it. But still my opioning if GM wants to offer services they must see everyone with bitcoin contracts is affected now? And action must be taken to preserve?

In the past GM treated me well( more or less) to offer me a small free bitcoin contract to compensate for the losses somewhere in March of the low bitcoin price, without ever asking for it.

[Roquene]

before halving:	0.00012599 BTC (256 GH/s).
now:	0.00000048 BTC

50% reduction? well, FU Genesis.

Hashflare on the same time reduced by exact 50% and announced they will lower fee by 25%
so it stay profitabel.

i repeat: FU Genesis.

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 So what is genesis response to the hard fork of etherum?  When will the miners get paid?

 Seeing that the exchanges are on hold ...

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[Zeta0S]

before halving:	0.00012599 BTC (256 GH/s).
now:	0.00000048 BTC

50% reduction? well,
Hashflare on the same time reduced by exact 50% and announced they will lower fee by 25%
so it stay profitabel.

My sha payout changed indeed more then 50%

09.07.2016      BTC      0.01459642 (sha) before halving
10.07.2016      BTC      0.00398043 (sha) after halving

Note: X11 and Ethereum Payouts were still the same, and that`s where i have the largest payouts.

[forumaster]

my payout was literally /3

from
09.07.2016     BTC     0.00024546
to
10.07.2016     BTC     0.00007588

genesis-mining needs to do something for payouts or no one will buy more GH/s

[biggbox]

All my SHA256 contracts have stopped paying. Once it hits 20 days, it's good bye.

[ImHash]

no more account? lol GM just kicked me out of my account and now says wrong user or pass, reset pass doesn't work.
Nice scam.

[bitjamz]

no more account? lol GM just kicked me out of my account and now says wrong user or pass, reset pass doesn't work.
Nice scam.

yea I just tried to login and same shit I even can't reset my passsword

[bitjamz]

just got this from GM support

We are experiencing some issues with our website. We hope to resolve it as soon as possible. There is no issue with mining, just the website!
Our IT technicians are working on this and when we have some more news we will update you.

Thanks for your patience and understanding.

Best regards,
Helen
Genesis Mining

[rammy2k2]

can anyone explain me how come today ltc earnings are 50% lower than yesterday when difficulty is the same ?

[tokingtoking]

guys, please take a look at your hasrate.
is it correct?

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Well no X11 payouts since July 20.. That should not run out seeing we already paid the  maintenance fee for the contract...

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Ps



However still getting btc from the X11, have no idea if it's correct or not seeing can't verify payouts, must be part of their website problems they had few days ago..

[kutayalp]

can anyone explain me how come today ltc earnings are 50% lower than yesterday when difficulty is the same ?

The new contracts have low maintance fee. 6 months ago high maintance fee and low THs contracts will not mine bitcoins.
Todays contract is below for 2.35 THs and contract fee is 400$

2. Remuneration

As a consideration for the Services the Customer agrees to pay to the Service Provider an amount of (the "Fee"):
a. 0.170075 USD per GH/s upfront
b. USD 0.0004 per GH/s and day, deducted on a daily basis* from the generated Coins

[EpStROM]

Their support is the best, it doesn't reply, they close ticket's without any explanation, they are great...







I would check the payment page, maybe other people have also had missing payments too.

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Well no x11 payouts at all today, been 5 days since seeing the x11 payouts and was still getting them, till today nada 0 nothing

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**Update **

I received two payments today for the one missed yesterday, so all good..

[IanFoxley]

Well no x11 payouts at all today, been 5 days since seeing the x11 payouts and was still getting them, till today nada 0 nothing

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Perhaps yours has arrived since, but both my payouts for X11 for Thursday came with the following transaction IDs.

https://blockchain.info/tx/40c621aa61a43338b479485d4c1850b87a155f5f181750be2d0328da583e30f9

and

https://blockchain.info/tx/ac229ae0ef55f1b333aa2a390e6e3242e2bcccdb9787e8dbe65d3d46fc71afd8

[Genesis-Mining]

Hello Miners,

Today we are pleased to announce new pricing for our Ethereum contracts. With Enigma, see https://www.youtube.com/watch?v=RhLVELIXjs0, we have the largest Ethereum mine in the world and can mine at better cost efficiency, which means we have lowered prices for new contracts. The contracts are for one year of Ethereum mining and all fees are included in the upfront cost, so no daily fees apply.

By default your contract will be paying out in Bitcoin, so if you purchase a new contract and you wish to mine Ethereum only, you will ofcourse need an Ethereum wallet for receiving payouts, which you can add via the Wallets page under the Settings of your account. Once an address is saved in your profile, head over to the Mining Allocation interface, select Ethash, and assign 100% of your hashrate to ETH (unless you wish to receive a percentage of both BTC and ETH). Once saved, this setting will be active until you change it again. Your hashrate will be mining at the last saved setting 24/7.

The new prices, see also our pricing page https://www.genesis-mining.com/pricing, are as follows:

• 1 MH/s - $33 USD
• 30 MH/s - $930 USD
• 100 MH/s - $2,900 USD

We also receive quite a few questions about the current state of Ethereum and Ethereum Classic. Our CFO Marco Krohn has written a blog post that addresses the past and present (and future) situation and is an interesting read for sure. Please find it here:  http://blog.genesis-mining.com/quo-vadis-ethereum


Happy mining!

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Where is August 2, payouts .?

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[Genesis-Mining]

Hello Miners,

Unfortunately not all payments went out correctly. Out IT staff is working on this and it will be solved before (or with) payout for Mining Day August 2. Sorry for the inconvenience!


Your Genesis Mining Team