ZorroPai
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September 24, 2014, 07:16:04 AM |
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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.
Hi Mike, thank you for the information. I think it would be a enrichment for GM if we could chuse which coin we want to mine and in which coin we would like to get a payment. What are your thoughts? Please use my Affiliate-Code to get a discount of 2.5%: RpijYv Thank you.
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marife01
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September 24, 2014, 08:09:45 AM |
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Short Update:
The affiliate system should work correctly again and all missing hashrate was credited. Sorry for the inconvenience.
Nice job for posting those updates. Hope everything will run smoothly.
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vaisajne
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September 24, 2014, 08:53:48 AM |
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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.
Hi Mike, thank you for the information. I think it would be a enrichment for GM if we could chuse which coin we want to mine and in which coin we would like to get a payment. What are your thoughts? Please use my Affiliate-Code to get a discount of 2.5%: RpijYv Thank you. Hi Zorro, So what you are saying is you want to allocate your scrypt hash powers across different coins and then want GM to convert your mined coins to your preferred coin (in which form you want to receive payout). Why would you want to take that hassle when GM with their experience and efficiency are already doing that for you in the form of auto trading? I would take that option (if GM provides that)only when I have the time and expertise to understand which coin is profitable to mine.This means you have to be constantly up to date with the changing conditions and keep shuffling your hash powers to get the maximum profit. Phew. The Scrypt mining option that GM provides is a great way of stocking your favorite coins which am not sure if any other players provide at the moment. Regards, Vaisajne
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Mirkic7
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September 24, 2014, 08:57:49 AM |
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Don't really like trend I see (took 1MH scrypt to test)
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IanFoxley
Legendary
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Activity: 910
Merit: 1000
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September 24, 2014, 09:00:59 AM Last edit: September 24, 2014, 09:13:10 AM by IanFoxley |
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Don't really like trend I see (took 1MH scrypt to test) Well, they seem very similar to mine. Just think yourself lucky you didn't buy a Waffle as that was the same price at the time of purchasing. You really would have been . I know from experience.
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Mirkic7
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September 24, 2014, 09:04:22 AM |
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Well, I took 1MH as a test. I did plan to invest more, but with current trend, it's a no-go for me. Who knows.. maybe I'm wrong
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IanFoxley
Legendary
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Activity: 910
Merit: 1000
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September 24, 2014, 09:09:05 AM |
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Well, I took 1MH as a test. I did plan to invest more, but with current trend, it's a no-go for me. Who knows.. maybe I'm wrong Depends on what you are comparing too really. But yes I do notice that the payment is going down steadily over the last few days. Take a look at my videos where I am comparing contracts with two providers over the last few days for example. You can find links to those in previous posts in this topic, here for example. https://bitcointalk.org/index.php?topic=602022.msg8940322#msg8940322Quite interesting really, but I wont waffle on about that. lol
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IanFoxley
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Activity: 910
Merit: 1000
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September 24, 2014, 09:29:53 AM Last edit: September 24, 2014, 09:50:50 AM by IanFoxley |
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Interesting post, although he doesn't mention if he actually got his money back, just that his order was declined..could have been for a lot of reasons. Hopefully he will post here soon, I do notice that he actually ordered his contract two weeks ago now. In a good way it was good he posted when he purchased the contract with the date etc and the amount of the contract as it might help GM work out who that particular customer was, although I have no idea how many orders in a typical day get declined anyway, but just a thought. Edit: Just looked at his 2nd image he linked to, he has been getting payments, maybe he needs to check his wallet address is correct as perhaps he put in a wrong address and his coins are going somewhere else. Apart from that, I cant see why he think he is being scammed. Anyway, if his account was declined, how is he getting payments?? Odd! Maybe we are not being told the whole story here. Perhaps he thinks he is not being paid enough each day, he does really need to post a bit more about what his problem is so it can be looked at. Ian
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IanFoxley
Legendary
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Activity: 910
Merit: 1000
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September 24, 2014, 11:06:36 AM |
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Day 10 Comparison video is up Thanks to early payments My Genesis Mining contracts on Day 10 have reached 10 % or ROI now. http://youtu.be/MSrRa9jipnkIan
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vaisajne
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September 24, 2014, 11:27:49 AM |
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Just Quoting Marco's reply to the post above in the thread here https://bitcointalk.org/index.php?topic=784908.msg8845337#msg8845337. That was a quick reply and thanks Marco for that. You guys are doing a great job.
Dear habijabi,
Marco Krohn here from Genesis Mining. Please send me your ticket number and I will have a look at it.
Have a nice day, Marco
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Marco Krohn (GM)
Newbie
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Activity: 49
Merit: 0
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September 24, 2014, 11:28:37 AM |
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Roughly the following happened: User bought hashpower, got a couple of payouts, then opened a ticket to get a refund. Support asked several times for a refund address. When team got the refund address the user was reimbursed (already about a week ago). Best regards, Marco
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vaisajne
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September 24, 2014, 12:14:04 PM |
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Roughly the following happened: User bought hashpower, got a couple of payouts, then opened a ticket to get a refund. Support asked several times for a refund address. When team got the refund address the user was reimbursed (already about a week ago). Best regards, Marco I have got the topic name changed by the Mod/OP after MK has posted the resolution -> [SCAM] to [UNDER RESOLUTION] . See here.
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crawler
Newbie
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Activity: 33
Merit: 0
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September 24, 2014, 12:47:28 PM |
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Well, I took 1MH as a test. I did plan to invest more, but with current trend, it's a no-go for me. Who knows.. maybe I'm wrong before those heavy dropped prices, few months ago i ordered a 1mh contract for ~128€ (!) , although it was converted to 1,5mh i am sure it wont ever roi. just play with the payouts and reinvested them to buy new lifetime contracts... hope this tactic works an i can get near my invest... with the new prices it seems to be much better - BUT only if payouts stay stable ... well, at the beginning of july the 1st contract started, i received payouts around 0.0011xx for a while. after few days the contract was converted to 1,5MH due to new prices - i felt lucky but it didnt last very long. the payouts were slowly dropping till now i get around 0.0006xx - further dropping... next week i wanted to invest a "little" more, thought about 25mh scrypt and maybe a little sha256 for testing, but what the hell if the same sh** happens again ? confusing btw, i bought my 1st contract for testing - thanks heaven i DID NOT invest more...
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Marco Krohn (GM)
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Activity: 49
Merit: 0
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September 24, 2014, 12:50:25 PM |
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I have got the topic name changed by the Mod/OP after MK has posted the resolution -> [SCAM] to [UNDER RESOLUTION] . See here. Thank you. Sidenote: I am the CFO of the company, but the CEO's first name is also Marco
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ZorroPai
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September 24, 2014, 01:19:15 PM |
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I have got the topic name changed by the Mod/OP after MK has posted the resolution -> [SCAM] to [UNDER RESOLUTION] . See here. Thank you. Sidenote: I am the CFO of the company, but the CEO's first name is also Marco Hi Marco, can you tell us if you have invested in mining with GM? Are the other Board Members mining with GM at the aktual prices? Kind regards, Zorro Please use my Affiliate-Code to get a discount of 2.5%: RpijYv Thank you.
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Marco Krohn (GM)
Newbie
Offline
Activity: 49
Merit: 0
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September 24, 2014, 02:05:17 PM |
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I have got the topic name changed by the Mod/OP after MK has posted the resolution -> [SCAM] to [UNDER RESOLUTION] . See here. Thank you. Sidenote: I am the CFO of the company, but the CEO's first name is also Marco Hi Marco, can you tell us if you have invested in mining with GM? Are the other Board Members mining with GM at the aktual prices? Kind regards, Zorro Please use my Affiliate-Code to get a discount of 2.5%: RpijYv Thank you. Good question! All three partners are mining with our hardware. We mine to a certain extent BTC (~20%) and a mix of various other coins: Marco Streng has a focus on Darkcoin, Jakov also likes another anon coin (which will be available soon) and myself I like Viacoin and Darkcoin. The mix changes over time though. We use the same interface like everyone else to allocate our hashpower. I know that a number of team members purchased contracts on their own (full disclosure: regardless of the amount they buy they get Diamond level prices). We have not asked anyone in our team to buy contracts from us. Of course it is awesome if your team members fully believe in the project that they purchase from you. However, everyone here knows that mining is risky and no will spend more on it then she or he is willing to lose. Sidenote: most of our team members get a significant amount (>50%) of their salary in Bitcoin or Altcoin. Cheers, Marco Haha! Thanks for the affiliate code
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ZorroPai
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September 24, 2014, 02:24:36 PM |
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I have got the topic name changed by the Mod/OP after MK has posted the resolution -> [SCAM] to [UNDER RESOLUTION] . See here. Haha! Thanks for the affiliate code Thank you for the detailed answer. Regarding the promo code... I thought we should help each other...
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dead_m92
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September 24, 2014, 03:27:16 PM |
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So my first full payouts with 3,5 TH/s are in. I bought 3,5 TH/s for 8,005 BTC.
i got 0.06211451 on first full payday (service fee already deducted) and on second day 0.06117822
i want to post pictures but i dont know how could someone pls explain me how it works?
so my estimated return of my investment is roughly 133 days from that point on i make a profit every day.
This is without any affiliate Hashpower if i get some affiliates which i hope badly the profit will come a few days earlier.
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Pilotseye
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September 24, 2014, 03:37:01 PM |
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Well, I took 1MH as a test. I did plan to invest more, but with current trend, it's a no-go for me. Who knows.. maybe I'm wrong Depends on what you are comparing too really. But yes I do notice that the payment is going down steadily over the last few days. Take a look at my videos where I am comparing contracts with two providers over the last few days for example. You can find links to those in previous posts in this topic, here for example. https://bitcointalk.org/index.php?topic=602022.msg8940322#msg8940322Quite interesting really, but I wont waffle on about that. lol got my first payment under 0,0004 BTC / MH today, hope it doesn't continue like that
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