Genesis-Mining Review

[IanFoxley]

Day 53 comparison of payments with Genesis Mining and GAW Miners Hashlets.

http://youtu.be/8sSWixqKbNM

Payouts were as follows:

Genesis Mining 10 GH/s contract 0.00009911 BTC
Gaw Miners Genesis Hashlet 15 GH/s  0.00009813 BTC

Genesis Mining 1 MH/s contract    0.00022785 BTC
GAW Hashlet Waffle                   0.00015406 BTC
GAW Hashlet Zen                       0.00006505 BTC

Genesis Mining 1 MH/s contract    0.00022785 BTC ? 

i am buy 2 MH / s and get a payout 0.00020004 

Tx : https://btc.blockr.io/tx/info/4855163dacf1c579c2179bc66d4e8a839ac31d7fb7725cc7e1766eb8f2fa256a

1FGrZisDVnpdxS1C8uzn774TvRrzhesr9h 

Same here :/
For my 3 MH/s I get 0.00028515 BTC

Once again this payout comparision is over two weeks old now so the payouts will be old.

I have been away for two weeks so have not posted comparisons between GAW Miners and Genesis Mining for that time.

Please do not compare what you have in the last few days, compared to what payouts were like over two weeks ago.

Ian

[galdur]

Well, it has totally cratered.

[Zeta0S]

Well, it has totally cratered.

I Love to see more coins on genesis (Also when we mine BTC-Auto)

Scrypt Coins as MOON and Murraycoin (MRY) doing great and Genesis is missing the boat by not (yet) supporting trending coins.
(@Genesis Mining I have a working wallet for moon)


Good thing is that DNotes, its in the top 10 on coinwarz today: http://www.coinwarz.com/miningprofitability/litecoin/?hr=1000&p=0&pc=0&hrn=1000&pn=0.00&pcn=0.0000&e=BTCe

I hope Project X will start soon, checking every day if new coins are added to the coin list

(My 3% Genesis Voucher is: MOON by the way)

[yvv]

This crap will never going to ROI. On the other hand, this is a sign that they are really mining, in contrast to other scam "cloud mining" services. Their payouts decrease proportionally to difficulty increase. I am pleased to lose my dear money with a legit company 

[deeneendo]

@YVV: what you said 

I still appreciate the fact that I can mine some altcoins. The other day, I ordered some seed using potcoin I mined there. I find it a pleasant thought that I might harvest through my mining in a few months

[galdur]

Gimme an effing break. You´re happy with dead money
because it´s somehow supposed to be "legit". Yeah right
how brainwashed can you be.

All the best and good luck, g

[yvv]

Gimme an effing break. You´re happy with dead money
because it´s somehow supposed to be "legit". Yeah right
how brainwashed can you be.

All the best and good luck, g

Dude, you need to buy some sense of humor. It may be a useful investment for you ))))

To be serious, I support the point made hundred of times on this forum: cloud mining companies are very risky investment. Those, which play clean, are damn unprofitable. Those, which are profitable at the moment, stink like devil's ass. This does not stop me from trying, just for the sake of curiosity. I invested ~0.25 btc in a dozen of them during last month. I have now 0.09 btc back. The most profitable are those, where I got good promotion discounts, or a lot of referrals, or was lucky to sell my shares at ridiculously high price.

[galdur]

Gimme an effing break. You´re happy with dead money
because it´s somehow supposed to be "legit". Yeah right
how brainwashed can you be.

All the best and good luck, g

Dude, you need to buy some sense of humor. It may be a useful investment for you ))))

To be serious, I support the point made hundred of times on this forum: cloud mining companies are very risky investment. Those, which play clean, are damn unprofitable. Those, which are profitable at the moment, stink like devil's ass. This does not stop me from trying, just for the sake of curiosity. I invested ~0.25 btc in a dozen of them during last month. I have now 0.09 btc back. The most profitable are those, where I got good promotion discounts, or a lot of referrals, or was lucky to sell my shares at ridiculously high price.

Devoid of any useful content for investors as expected.

Ignore.

[Snipe85]

Haha when in doubt click ignore

People somehow think they are meant to profit and their money will always make them more money and when they lose there's always someone to blame.

[galdur]

Thankfully I won´t get to read this moron ever again.

[yvv]

Come back, baby! I have good referrals for you!  :lol:

[galdur]

Come back, baby! I have good referrals for you!  :lol:

Yeah, good riddance again. Why put up with totally contentless crap.

[yvv]

Come back, baby! I have good referrals for you!  :lol:

Yeah, good riddance again. Why put up with totally contentless crap.

How do you know about "good riddance", if you don't read "this moron ever again"? Get off, I was kidding. No referrals for you today. Come back tomorrow. :f..ing lol:

[galdur]

Nothing pisses this kind of screwball off more than being ignored.

I.m sure that people recognize this and not just from the internet.

[yvv]

Nothing pisses this kind of screwball off more than being ignored.

I.m sure that people recognize this and not just from the internet.

Yeah, right. Usually, a screwball gets totally upset after another screwball ignores on him, and continue to write bullshit at his address. This is a very tough punishment. Every patient of retard house knows this.

[deeneendo]

I think both of you should mine some potcoin and get some stuff to relax with it...



only kidding. jeezus, it's only digital money...

[George1962]

Have just bought 0.08 TH/s with Genesis Mining and waiting to see how much it makes me. Will let you all know if it's profitable or not 

[cloverme]

I Love to see more coins on genesis (Also when we mine BTC-Auto)

Scrypt Coins as MOON and Murraycoin (MRY) doing great and Genesis is missing the boat by not (yet) supporting trending coins.
(@Genesis Mining I have a working wallet for moon)


Good thing is that DNotes, its in the top 10 on coinwarz today: http://www.coinwarz.com/miningprofitability/litecoin/?hr=1000&p=0&pc=0&hrn=1000&pn=0.00&pcn=0.0000&e=BTCe

I hope Project X will start soon, checking every day if new coins are added to the coin list

(My 3% Genesis Voucher is: MOON by the way)

Agreed, more coin support would be a good thing for genesis. I'm not sure about the big moon rebound, I seeing good return for Darkcoin right now though. In any case, more coins for Genesis would be a welcome sight

[darkangel11]

Have just bought 0.08 TH/s with Genesis Mining and waiting to see how much it makes me. Will let you all know if it's profitable or not 

You'll be waiting for a long time to see a profit, that I can promise you.

[marvykkio]

Hello, I WANTED TO COMMUNICATE THAT I HAVE BEEN STOPPED WITHOUT RECEIVING PAYMENTS FOR 1 MONTH BECAUSE I WAS PAID BY CREDIT CARD 80 GH / S, NOW THE PERIOD OF BLOCK AND PAST, AND CONTINUOUS NOT RECEIVE PAYMENTS IN ADDITION TO THIS THE DASHBOARD MI MARK AS IF I HAD NOT ACTIVE MINER, HO MANDATE DIFFERENT EMAIL SUPPORT AND TELL ME ONE WEEK THAT tHERE ARE PROBLEMS, AND THAT ARE WORKING TO ARRANGE BUT STILL DOES NOT WORK NO, I HAVE ALWAYS THE SAME FINANCIAL, NOT RECEIVE PAYMENTS AND THIS MAKES ME THINK THAT CLOUD AND THIS SCAM, WEB PAGE VERY EMPTY, NO ADVICE IF THERE ARE PROBLEMS, ATTENTION TO BUY POWER SHA256 FROM THIS SITE.
Sorry for the CAPS LOOK