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

[ellen_me]

Why there are 2.5% promo codes and others are 5%? Thanks.

[ZorroPai]

Hello everybody!

I have a question.

When I use the AUTO-Mode allocating my hash-power there are a lot of coins but only three of them are marked with (AUTO).
Is the AUTO-Mode applied to all the coins or only to those which are marked?

Thank you!

I started mining with GM only last weekend.
The process of getting started is very fast. First I got lost but GM helped me and now is erverything ok. :-)

Please use my Affiliate-Code to get a discount of 2.5%: RpijYv
Thank you.

[Genesis-Mining]

Short Update:

The affiliate system should work correctly again and all missing hashrate was credited. Sorry for the inconvenience.

[IanFoxley]

Hello everybody!

I have a question.

When I use the AUTO-Mode allocating my hash-power there are a lot of coins but only three of them are marked with (AUTO).
Is the AUTO-Mode applied to all the coins or only to those which are marked?

Thank you!

I started mining with GM only last weekend.
The process of getting started is very fast. First I got lost but GM helped me and now is erverything ok. :-)

Please use my Affiliate-Code to get a discount of 2.5%: RpijYv
Thank you.

The (Auto) next to the coins means that they mine all the profitable scrypt coins and then convert those at the end of each day mined to the coin that you have chosen.

Auto BTC means profitable scrypt coins traded to BTC
Auto DRK means profitable scrypt coins traded to DRK for example.

All of the other coins you are mining directly, as if you were mining on a specific coins pool, except Blackcoin (BC), which has hashpower from Genesis Mining hashing away at the official Blackcoin Pool.

Hope this explains a little bit more and if anyone else wants to add anything or say..No, Ian, No, you messed up and explained it all wrong, feel free to add.

Ian

[vaisajne]

Short Update:

The affiliate system should work correctly again and all missing hashrate was credited. Sorry for the inconvenience.

Thanks I did notice the change in the hash power but it seems a tedious task to go through all those mails (some unique and more duplicate) and verify the total hash power awarded. I trust GM and hope it was all added up correctly.

[Genesis-Mining]

Short Update:

The affiliate system should work correctly again and all missing hashrate was credited. Sorry for the inconvenience.

Thanks I did notice the change in the hash power but it seems a tedious task to go through all those mails (some unique and more duplicate) and verify the total hash power awarded. I trust GM and hope it was all added up correctly.

Our IT team decided to start with a clean state. Thus, they rebuild all affiliate contracts from the beginning. Unfortunately, this approach caused duplicate emails (thus you received unique and duplicate ones). Sorry for the duplicate emails, but this way we are sure to be at the correct state. In case affiliate contracts are not correctly showing up, please let us know and we will have a look at it.

Thank you for your trust

Best regards,
  Marco (mk)

[BitcoinFr34k]

Prices dropped AGAIN! Start mining at $14.99 per Mh/s


Vote for next week's coin additions! https://apps.facebook.com/my-polls/coinpoll

just wanted to quote this, why is the price of 1 MHS on your website $ 17.99

[Marco Krohn (GM)]

just wanted to quote this, why is the price of 1 MHS on your website $ 17.99

https://www.genesis-mining.com/pricing

Lowest scrypt price is $14.99 per MH/s if you purchase 100 MH/s.
Lowest price you can buy scrypt hashpower for is $17.99 for 1 MH/s.

Hope this helps.

Best regards,
  Marco (mk)

[BitcoinFr34k]

just wanted to quote this, why is the price of 1 MHS on your website $ 17.99

https://www.genesis-mining.com/pricing

Lowest scrypt price is $14.99 per MH/s if you purchase 100 MH/s.
Lowest price you can buy scrypt hashpower for is $17.99 for 1 MH/s.

Hope this helps.

Best regards,
  Marco (mk)

I guess not everyone can afford to buy 100 MHS and that includes me
should explain in more detail in OP

[IanFoxley]

Short Update:

The affiliate system should work correctly again and all missing hashrate was credited. Sorry for the inconvenience.

Thanks I did notice the change in the hash power but it seems a tedious task to go through all those mails (some unique and more duplicate) and verify the total hash power awarded. I trust GM and hope it was all added up correctly.

Our IT team decided to start with a clean state. Thus, they rebuild all affiliate contracts from the beginning. Unfortunately, this approach caused duplicate emails (thus you received unique and duplicate ones). Sorry for the duplicate emails, but this way we are sure to be at the correct state. In case affiliate contracts are not correctly showing up, please let us know and we will have a look at it.

Thank you for your trust

Best regards,
  Marco (mk)

Thanks for the explanation MK

[IanFoxley]

Video of Day number 9 of my continuing quest to reach ROI is now up.

http://youtu.be/C9x6plc_ibE

Ian.

[ZorroPai]

Hello everybody,

I try to keep it simple and want to get only Bitcoins.
Therefore I use the Bitcoin (Auto) mode.

Can I chuse an other or some other coins and get paid in Bitcoins in spite of that?

Now the allocation of my hashpower is done by GM.
Can I predifine the allocation myself and get the corresponding Bitcoins?

As I read, I would nead for each coin a specific public adress to get paid if I allocate my hashpower.
Am I right?

Please use my Affiliate-Code to get a discount of 2.5%: RpijYv 

Thank you.

[Mike18feb]

Hi ZorroPai,

if you want to receive Bitcoin only then you can only choose BTC (AUTO). Or you can choose a SHA hashrate contract of course

You can not mine Litecoin or Dogecoin or any other coin and get payment in Bitcoin. You will have to trade those coins yourself then.
If you mine a specific coin then you will need a wallet for that coin otherwise GM cannot send the coins to you.

[Marco Krohn (GM)]

The (Auto) next to the coins means that they mine all the profitable scrypt coins and then convert those at the end of each day mined to the coin that you have chosen.

Auto BTC means profitable scrypt coins traded to BTC
Auto DRK means profitable scrypt coins traded to DRK for example.

All of the other coins you are mining directly, as if you were mining on a specific coins pool, except Blackcoin (BC), which has hashpower from Genesis Mining hashing away at the official Blackcoin Pool.

Hope this explains a little bit more and if anyone else wants to add anything or say..No, Ian, No, you messed up and explained it all wrong, feel free to add.

100% correct.

Going forward we would like to make the mining allocation page clearer and better explain the meaning of Auto. Thanks for the explanation Ian!

Cheers,
  Marco

[wonko]

Has anyone gotten their ROI with genesis-mining yet?

[elrugrim]

Not yet.. but for me, GM isn't about going for an instant ROI.  It's letting me stock away some coins that I have a speculative interest in.   I might kinda bounce between Mega and Dark myself.

[pravin]

but i have more chip lifetime cloud bitcoin mining contracts at 10GH/S at 9.95$

here http://gawminers.go2cloud.org/aff_c?offer_id=34&aff_id=674&file_id=250


and 160MH at 920$ for 1 year... here  http://ltcgear.com/?apage=175

[vaisajne]

Short Update:

The affiliate system should work correctly again and all missing hashrate was credited. Sorry for the inconvenience.

Thanks I did notice the change in the hash power but it seems a tedious task to go through all those mails (some unique and more duplicate) and verify the total hash power awarded. I trust GM and hope it was all added up correctly.

Our IT team decided to start with a clean state. Thus, they rebuild all affiliate contracts from the beginning. Unfortunately, this approach caused duplicate emails (thus you received unique and duplicate ones). Sorry for the duplicate emails, but this way we are sure to be at the correct state. In case affiliate contracts are not correctly showing up, please let us know and we will have a look at it.

Thank you for your trust

Best regards,
  Marco (mk)

Thanks for the update Marco. Appreciate that.

[vaisajne]

GM,

I have a query. How are you mining Doge at this point? Do you mine this directly or do you merge mine with other Scrypt Coins.

Regards,
Vaisajne

[vaisajne]

but i have more chip lifetime cloud bitcoin mining contracts at 10GH/S at 9.95$

here http://gawminers.go2cloud.org/aff_c?offer_id=34&aff_id=674&file_id=250


and 160MH at 920$ for 1 year... here  http://ltcgear.com/?apage=175

I would suggest you to look through the videos that Ian has published where he has compared  the payouts of a Zen Hashlet, a Waffle Hashlet and a Genesis Hashlet. You can then decide for yourself.