crawler
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 Offline
Activity: 33
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December 15, 2014, 03:03:14 AM |
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btw anyone knows what happens if fees eat up the whole payout ? will our contracts be closed ?
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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IanFoxley
Legendary
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Activity: 910
Merit: 1000
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December 15, 2014, 06:02:41 AM |
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btw anyone knows what happens if fees eat up the whole payout ? will our contracts be closed ?
In the contract it mentions that if your daily fees are more than your daily payout for 20 days in a row, then you contract is cancelled. |
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IanFoxley
Legendary
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Activity: 910
Merit: 1000
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December 15, 2014, 06:03:08 AM |
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well for a week, why not point some of that 100000 th/s over to a paycoin pool before it goes to POW  ) Icon https://coin-swap.net/market/XPY/BTCXPY / BTC PayCoin / Bitcoin: Last Price 0.03760000 as of 12/14/15 22:00 EST You mean before it goes to POS.. It is in POW now. |
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crazyivan
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Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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December 15, 2014, 06:28:59 AM |
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Finally the trolls got out of their caves and show up here  Well, the trolls speak the truth. What s the point of this thread if only Genesis Mining makes money? To help them make more money and we all end never reaching ROI? Could Marko Streng please comment on any, I really mean any way of how to reach ROI using Genesis Mining services? Any scenario would suffice. Thx I invested like 3 months ago, and have got a lovely part of what I invested back... Several more monthes and I'll have ROI for sure... I don't know why you all are crying. And, unlike PB mining scam-ponzi, here you have pictures of the farms, which is a good guarantee. I think GM team is doing a great job... Really? Pls show us your numbers. What does "a lovely part of what I invested back" means? I would really, really like to see your numbers instead of these empty words. What do you have in 3 months, 10% ROI? Once more, find me a single person here, a SINGLE one, who reached ROI with them and show me the numbers. I will officially apologize to everyone here if you do. A SINGLE person reaching ROI? Anyone? To the person who said to judge the service by what they promise to deliver and whether they deliver it, I repeat what I ve stated in my previous post: if the point of this thread is to provide more money for Genesis Mining so only them can make money, then fine. As long as we are aware of that. There s no ROI here and we all know it. |
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galdur
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December 15, 2014, 06:50:42 AM |
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Well, I purchased 20 of sha and 4 scrypt last October for a total of .232 BTC.
I think that has yielded about 30% so far but the remainder is looking pretty
bleak. Currently this pays just under .0005/day. So, maybe break-even same
time next year.
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tylerderden
Copper Member
Legendary
Offline
Activity: 1162
Merit: 1025
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December 15, 2014, 07:36:53 AM |
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well for a week, why not point some of that 100000 th/s over to a paycoin pool before it goes to POW ) Icon https://coin-swap.net/market/XPY/BTCXPY / BTC PayCoin / Bitcoin: Last Price 0.03760000 as of 12/14/15 22:00 EST yeah but dude that is because of pure laziness. if we had mined paycoin we all could have ROI! in one fucking day!!! not to mention the countless other launches that i hit on a weekly basis. i spend .01 on rentals and sometimes i walk with .9!! not everytime but i almost always profit and never lose money. this notion of oh well lets just point all this hash at the least paying multipool we can find and call it good is totally fucking absurd!!! You want this to work? you want your customers to quit bitching and bring in more profits than fucking do something. and im not talking about spending our profits going around to goddamn conventions either . what the hell is that doing to help me ROI??? This is totally like if you let a bunch of lazy office workers run a mining company. yeah they show up but goddamn if you think they are going to do anything at all to make the company better. Now its pretty goddamn simple really, spend a week ( and yes i said a week, i dont see how us "hobbyist miners" manage to pull a profit and accomplish things without a big team and millions of dollars while you guys do nothing) figuring out how we can mine our own pools and everything will change over night. we will buy more shares our friends will buy more shares and you guys wont have a care in the world. but doing nothing because your so busy going to beaurocrat meetings and dilly dallying around with a bunch of non productive bullshit is accomplishing absolutely nothing. profits are dead. and thats because you are on fucking auto pilot multi pools. you call yourselves miners act like it. this is just getting beyond ridiculous and borderline criminal. |
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galdur
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December 15, 2014, 07:44:21 AM |
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If they have any decency which I doubt they should double the
hash of those who bought two months ago since they just halved
the prices of those hopeless contracts. Which still are way overpriced
given the tanking yield of course.
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crazyivan
Legendary
Offline
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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December 15, 2014, 07:47:22 AM |
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well for a week, why not point some of that 100000 th/s over to a paycoin pool before it goes to POW ) Icon https://coin-swap.net/market/XPY/BTCXPY / BTC PayCoin / Bitcoin: Last Price 0.03760000 as of 12/14/15 22:00 EST yeah but dude that is because of pure laziness. if we had mined paycoin we all could have ROI! in one fucking day!!! not to mention the countless other launches that i hit on a weekly basis. i spend .01 on rentals and sometimes i walk with .9!! not everytime but i almost always profit and never lose money. this notion of oh well lets just point all this hash at the least paying multipool we can find and call it good is totally fucking absurd!!! You want this to work? you want your customers to quit bitching and bring in more profits than fucking do something. and im not talking about spending our profits going around to goddamn conventions either . what the hell is that doing to help me ROI??? This is totally like if you let a bunch of lazy office workers run a mining company. yeah they show up but goddamn if you think they are going to do anything at all to make the company better. Now its pretty goddamn simple really, spend a week ( and yes i said a week, i dont see how us "hobbyist miners" manage to pull a profit and accomplish things without a big team and millions of dollars while you guys do nothing) figuring out how we can mine our own pools and everything will change over night. we will buy more shares our friends will buy more shares and you guys wont have a care in the world. but doing nothing because your so busy going to beaurocrat meetings and dilly dallying around with a bunch of non productive bullshit is accomplishing absolutely nothing. profits are dead. and thats because you are on fucking auto pilot multi pools. you call yourselves miners act like it. this is just getting beyond ridiculous and borderline criminal. +1 I have absolutely nothing to add. Stop selling crap to us and let people have some ROI. |
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corygto
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December 15, 2014, 08:13:38 AM |
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Yeah these payouts are absolutely sad...
Can you at least give us an option to trade out scrypt Mh/s to an equivalent amount of SHA-256 mining? PLEASE?
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IanFoxley
Legendary
Offline
Activity: 910
Merit: 1000
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December 15, 2014, 09:36:25 AM |
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Yeah these payouts are absolutely sad...
Can you at least give us an option to trade out scrypt Mh/s to an equivalent amount of SHA-256 mining? PLEASE?
But how can they do that...They have bought hardware, they cant take those Asic Scrypt Miners they have bought back to the company they bought them from and say.."Sorry, can we trade these for SHA 256 ones as we are not making ROI on our hardware any more..?" Unfortunately with ASIC hardware companies, normally they will tell you when you purchase...NO refunds..whatever.. And if GM could say yes to that then what?? They would have to purchase a huge order of SHA 256 Asics in to accommodate the people that want to change, then what? Do you think they would just do that and give them to you all for free??? The prices would have to go up, after all GM can not go to Spondoolies and say.. Hi Guys.. Can we have some free Asics ? or lets do a deal with you..Will you have all our Scrypt ones... It's not going to happen and that is it. I do not like the way Scrypt payouts are going down either but I also have Contracts at Zeushash and GAW miners and all my payouts from GM are still better than from there and I have to just hope that BTC will rise in price one day so that the BTC I get everyday will be worth something. |
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varthshenon
Newbie
Offline
Activity: 10
Merit: 0
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December 15, 2014, 03:42:00 PM |
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Today's payout, so much, emptiness
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Zeta0S
Legendary
Offline
Activity: 1890
Merit: 1031
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December 15, 2014, 03:55:42 PM |
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It`s not all about ROI, what happens to supporting the coin you like?
I totally not make any roi when LTC stared, i did lot of mining, knowing my power usage had to be huge, and no sight on roi ever. Still i supported the coin i liked so much.
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alienesb
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December 15, 2014, 03:56:24 PM |
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It`s not all about ROI, what happens to supporting the coin you like?
I totally not make any roi when LTC stared, i did lot of mining, knowing my power usage had to be huge, and no sight on roi ever. Still i supported the coin i liked so much.
Huh? This isn't a sporting event. |
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Zeta0S
Legendary
Offline
Activity: 1890
Merit: 1031
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December 15, 2014, 04:38:47 PM |
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It`s not all about ROI, what happens to supporting the coin you like?
I totally not make any roi when LTC stared, i did lot of mining, knowing my power usage had to be huge, and no sight on roi ever. Still i supported the coin i liked so much.
Huh? This isn't a sporting event. I repeat, the early bitcoiners and litecoiners like me did not mine for roi ut for the believe in a crypto system. |
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siampumpkin
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December 15, 2014, 04:41:37 PM |
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Finally the trolls got out of their caves and show up here Well, the trolls speak the truth. What s the point of this thread if only Genesis Mining makes money? To help them make more money and we all end never reaching ROI? Could Marko Streng please comment on any, I really mean any way of how to reach ROI using Genesis Mining services? Any scenario would suffice. Thx I invested like 3 months ago, and have got a lovely part of what I invested back... Several more monthes and I'll have ROI for sure... I don't know why you all are crying. And, unlike PB mining scam-ponzi, here you have pictures of the farms, which is a good guarantee. I think GM team is doing a great job... Really? Pls show us your numbers. What does "a lovely part of what I invested back" means? I would really, really like to see your numbers instead of these empty words. What do you have in 3 months, 10% ROI? Once more, find me a single person here, a SINGLE one, who reached ROI with them and show me the numbers. I will officially apologize to everyone here if you do. A SINGLE person reaching ROI? Anyone? To the person who said to judge the service by what they promise to deliver and whether they deliver it, I repeat what I ve stated in my previous post: if the point of this thread is to provide more money for Genesis Mining so only them can make money, then fine. As long as we are aware of that. There s no ROI here and we all know it. I only have 8 MH and only 36.5% towards ROI. I gave up trying to change coins and just get BTC for the pittance I get. I have written this one off long ago. If it doesn't go negative maybe break even in a year. But probably not. Live and learn. Anybody want to buy an account with 8MH cheap? PM with offers, lol  |
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Mike18feb
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December 15, 2014, 04:42:54 PM |
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No point in trying to explain such an alien concept as mining for support. It's all about taking as much as you can and screw everything else. And look around, everything gets screwed indeed...
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<||=||> Rule #1a: Never invest more then you can afford to lose. <||=||> Rule #1b: Never invest all you can afford to lose. <||=||>
............. Whenever someone idly claims a scam, a Bitcoin somewhere dies .............
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TXTCLA55
Newbie
Offline
Activity: 31
Merit: 0
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December 15, 2014, 04:54:35 PM |
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Such sad payouts. So far I've made back 43% of my initial investment and it looks like I'll break it in late 2015 if these contacts hold up.
Marco, please for the love of the blockchain give us some more options to use this hash power. It takes far too long to add new coins that ultimately return low within a week. We need more options to use our contracts.
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Zeta0S
Legendary
Offline
Activity: 1890
Merit: 1031
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December 15, 2014, 05:06:25 PM |
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Marco, please for the love of the blockchain give us some more options to use this hash power. It takes far too long to add new coins that ultimately return low within a week. We need more options to use our contracts.
Yes, we need more coin choice, even when new coins start at there genesis block. |
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