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

[IanFoxley]

Day 70video
http://youtu.be/jFsK0zmaxgc

Ian

[1713515220]

1713515220

[1713515220]

1713515220

[galdur]

Yeah, obviously they need to do something drastic.

Meanwhile these giants with feet of clay, Genesis
ZeusHash and GAW are very easy for the competition.

[Dophoeve]

Still have my account and willing to sell it.

I have 31 MH, and want to sell it at the current market value for 1 BTC.

We can use escrow, no problem at all. We can use skype if u like.

Hope to hear from you, sent me a PM!

Hi Dophoeve
How do you propose selling these 30MH/s? Are you going to give your e-mail address to someone else (they get it and change the password)? Followed by the new owner obviously choosing his/her wallet address?

I have around 140MH/s that are currently not paying much, so looking to get rid of it. There are much better options than Genesis out there at the moment. Could use your advice.
Thanks in advance.

I do not have that much attention on the account. But the procedure you explained, will be almost identical to mine. With the use of escrow, I will open the account for the buyer and he / she can check wether everything is alright. Hope its worth anything for you..

So again, 30 MH for sale, 1 BTC atm.

PM me

[IanFoxley]

Day 71 comparison video
http://youtu.be/bTV9JvlevJ4

Ian

[HerkulesBee]

Hey Genesis Team!

I have since a couple of month a contract with you and I am very happy to see my daily incomes 

Now the time is coming to reinvest my earnings and I wonder what would be the best time to reinvest? Will there be a pricedrop of your contracts in the next period of time? Will you have maybe special offers for the Black Friday?

[IanFoxley]

Hey Genesis Team!

I have since a couple of month a contract with you and I am very happy to see my daily incomes  

Now the time is coming to reinvest my earnings and I wonder what would be the best time to reinvest? Will there be a pricedrop of your contracts in the next period of time? Will you have maybe special offers for the Black Friday?

Wouldn't we all love to know hehe

I am not sure if you see my videos HerkulesBee, but do try if you can. I would probably get SHA 256 contracts at the moment due to higher payouts, less fees and also GM are introducing some new SHA 256 coins soon.

I think Scrypt is going downhill fast, although will be good to get some X11 mining up and running

[Zeta0S]

Hey Genesis Team!

I have since a couple of month a contract with you and I am very happy to see my daily incomes  

Now the time is coming to reinvest my earnings and I wonder what would be the best time to reinvest? Will there be a pricedrop of your contracts in the next period of time? Will you have maybe special offers for the Black Friday?

Wouldn't we all love to know hehe

I am not sure if you see my videos HerkulesBee, but do try if you can. I would probably get SHA 256 contracts at the moment due to higher payouts, less fees and also GM are introducing some new SHA 256 coins soon.

I think Scrypt is going downhill fast, although will be good to get some X11 mining up and running

Every time i think about X11 i see this epic video in front of me: https://www.youtube.com/watch?v=76B2bqrOUQY

[IanFoxley]

Hey Genesis Team!

I have since a couple of month a contract with you and I am very happy to see my daily incomes  

Now the time is coming to reinvest my earnings and I wonder what would be the best time to reinvest? Will there be a pricedrop of your contracts in the next period of time? Will you have maybe special offers for the Black Friday?

Wouldn't we all love to know hehe

I am not sure if you see my videos HerkulesBee, but do try if you can. I would probably get SHA 256 contracts at the moment due to higher payouts, less fees and also GM are introducing some new SHA 256 coins soon.

I think Scrypt is going downhill fast, although will be good to get some X11 mining up and running

Every time i think about X11 i see this epic video in front of me: https://www.youtube.com/watch?v=76B2bqrOUQY

Haha Ralph, That video is crazy!

[galdur]

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

[IanFoxley]

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

I do not think so.

Why do you think that? It is not just GM that is suffering from lower payouts after all.

[galdur]

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

I do not think so.

Why do you think that? It is not just GM that is suffering from lower payouts after all.

Except for my 4MH in Genesis, my mining contracts are doing just
splendidly. The worst yields .7%/day the best just about 1%.

No suffering there.

[IanFoxley]

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

I do not think so.

Why do you think that? It is not just GM that is suffering from lower payouts after all.

Except for my 4MH in Genesis, my mining contracts are doing just
splendidly. The worst yields .7%/day the best just about 1%.

No suffering there.

Are they Scrypt though as SHA 256 payouts are actually better than Scrypt payouts at the moment now. So SHA 256 seems to be the way to go, in my opinion.

[galdur]

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

I do not think so.

Why do you think that? It is not just GM that is suffering from lower payouts after all.

Except for my 4MH in Genesis, my mining contracts are doing just
splendidly. The worst yields .7%/day the best just about 1%.

No suffering there.

Are they Scrypt though as SHA 256 payouts are actually better than Scrypt payouts at the moment now. So SHA 256 seems to be the way to go, in my opinion.

They are SHA.

But are you saying that the difficulty in scrypt increased
by 60% overnight ?

[IanFoxley]

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

I do not think so.

Why do you think that? It is not just GM that is suffering from lower payouts after all.

Except for my 4MH in Genesis, my mining contracts are doing just
splendidly. The worst yields .7%/day the best just about 1%.

No suffering there.

Are they Scrypt though as SHA 256 payouts are actually better than Scrypt payouts at the moment now. So SHA 256 seems to be the way to go, in my opinion.

They are SHA.

But are you saying that the difficulty in scrypt increased
by 60% overnight ?

I am not trying to say anything but you only need to look at performance of scrypt multipools in general to see that something is going on with Scrypt and don't get me started with GAW miners

But SHA is doing good though.

[galdur]

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

I do not think so.

Why do you think that? It is not just GM that is suffering from lower payouts after all.

Except for my 4MH in Genesis, my mining contracts are doing just
splendidly. The worst yields .7%/day the best just about 1%.

No suffering there.

Are they Scrypt though as SHA 256 payouts are actually better than Scrypt payouts at the moment now. So SHA 256 seems to be the way to go, in my opinion.

They are SHA.

But are you saying that the difficulty in scrypt increased
by 60% overnight ?

I am not trying to say anything but you only need to look at performance of scrypt multipools in general to see that something is going on with Scrypt and don't get me started with GAW miners

But SHA is doing good though.

Well, doing good is relative.

For example 20 GHS SHA costs like .04 at Genesis and yields what
20000 satoshi/day. That´s pretty bleak, might ROI in a year given
the difficulty increases. So, cutting that price by 50% is obvious.

BTW, now GM´s scrypt is "out of stock". Because of zero sales no doubt.

[IanFoxley]

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

I do not think so.

Why do you think that? It is not just GM that is suffering from lower payouts after all.

Except for my 4MH in Genesis, my mining contracts are doing just
splendidly. The worst yields .7%/day the best just about 1%.

No suffering there.

Are they Scrypt though as SHA 256 payouts are actually better than Scrypt payouts at the moment now. So SHA 256 seems to be the way to go, in my opinion.

They are SHA.

But are you saying that the difficulty in scrypt increased
by 60% overnight ?

I am not trying to say anything but you only need to look at performance of scrypt multipools in general to see that something is going on with Scrypt and don't get me started with GAW miners

But SHA is doing good though.

Well, doing good is relative.

For example 20 GHS SHA costs like .04 at Genesis and yields what
20000 satoshi/day. That´s pretty bleak, might ROI in a year given
the difficulty increases. So, cutting that price by 50% is obvious.

BTW, now GM´s scrypt is "out of stock". Because of zero sales no doubt.

Just noticed that myself.

[Mike18feb]

Haven't seen a payout yet today so the 60% overnight tank is based on what information? And which coin as there are many that can be mined

also... the coming Bitcoin difficulty adjustment is estimated to be -1.49%, which can hardly be labeled an increase

[galdur]

Haven't seen a payout yet today so the 60% overnight tank is based on what information? And which coin as there are many that can be mined

also... the coming Bitcoin difficulty adjustment is estimated to be -1.49%, which can hardly be labeled an increase

Well, it´s not just about two weeks.

The yield tanked a few days ago. Friday, Saturday don´t remember exactly.

[tylerderden]

The payout tanked 60% overnight.

It´s difficult to see how this has to do with difficulty.
Imminent bankruptcy seems more likely.

yeah it makes no sense, these people that claim scrypt is dead are doing it wrong. i get a hell of alot more with my home miners than any cloud service especially this one and i have 10x more cloudhash than home miners and it doesnt add up, difficulty, lousy multipool, whatever it dont add up at all. only in this world of cloud hashing scams does sha payout better than scrypt. thats cool, at least we all know better than to buy more hashrate because that isnt what the issue is and wont fix anything.

[tylerderden]

oh i guess buying more isnt an option that sucks i was going to buy another 200 mhs to watch my payouts drop everyday for 2 months while my home miners drop a tiny bit and actually go up when a decent new coin lauches.