Genesis Mining vs GAW Mining, Spondoolies, Hashnest and Mining Sweden updates

[IanFoxley]

Payout info for Mining Day 31.08.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00013521  BTC

Spondoolies 50 GH/s  0.00008715 BTC


Hashnest

Payouts based on 25 blocks found.

Hashnest UMISOO 50 GH/s Contracts are now terminated due to 10 days of zero payouts.

Hashnest S2 50 GH/s Contracts are now terminated due to 10 days of zero payouts.

Hashnest S3 50 GH/s  0.00002567 BTC  PLNS 

Hashnest S4 50 GH/s  0.00009207 BTC  PLNS

Hashnest S5 50 GH/s  0.00019332 BTC PLNS

[IanFoxley]

Payout info for Mining Day 01.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00013433  BTC

Spondoolies 50 GH/s  0.00008613 BTC


Hashnest

Payouts based on 27 blocks found.

Hashnest S3 50 GH/s  0.00006937 BTC  PLNS 

Hashnest S4 50 GH/s  0.00013416 BTC  PLNS

Hashnest S5 50 GH/s  0.00023302 BTC PLNS

[IanFoxley]

Payout info for Mining Day 02.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00013493 BTC

Spondoolies 50 GH/s  0.00008715 BTC


Hashnest

Payouts based on 28 blocks found.

Hashnest S3 50 GH/s  0.00009191 BTC  PLNS  

Hashnest S4 50 GH/s  0.00015636 BTC  PLNS

Hashnest S5 50 GH/s  0.00025461 BTC PLNS

[IanFoxley]

Payout info for Mining Day 03.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00013344 BTC

Spondoolies 50 GH/s  0.00008513 BTC


Hashnest

Payouts based on 25 blocks found.

Hashnest S3 50 GH/s  - 0.00005806 BTC  PLNS   Maintenance was higher than the payout so  a negative payout today for the S3 Contracts.

Hashnest S4 50 GH/s  0.00002071 BTC  PLNS    

Hashnest S5 50 GH/s  0.00014080 BTC PLNS

[IanFoxley]

Payout info for Mining Day 04.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Between this payout and the last payout there was another Bitcoin difficulty rise of 4.98%

Genesis Mining 50 GH/s  0.00011372 BTC

Spondoolies 50 GH/s  0.00006576 BTC


Hashnest

Payouts based on 25 blocks found.

Hashnest S3 50 GH/s  0.00004778 BTC  PLNS  

Hashnest S4 50 GH/s  0.00011087 BTC  PLNS

Hashnest S5 50 GH/s  0.00020702 BTC PLNS

[IanFoxley]

Payout info for Mining Day 05.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00011982 BTC               Average for the week  0.00012939 BTC

Spondoolies 50 GH/s      0.00007270 BTC               Average for the week  0.00008139 BTC


Hashnest

Payouts based on 23 blocks found.


Hashnest S3 50 GH/s  0.00002097 BTC  PLNS          Average for the week   0.00004206 BTC.  

Hashnest S4 50 GH/s  0.00008170 BTC  PLNS          Average for the week   0.00010868 BTC

Hashnest S5 50 GH/s  0.00017433 BTC PLNS           Average for the week   0.00021028 BTC


Here are the maintenance fees for above contracts

Genesis Mining 0.0015 USD per GH/s per day

Spondoolies 0.0019 USD per GH/s per day

Hashnest S3  0.00192 USD per GH/s per day

Hashnest S4  0.001625 USD per GH/s per day

Hashnest S5  0.001175 USD per GH/s per day

[IanFoxley]

Payout info for Mining Day 06.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00012908 BTC

Spondoolies 50 GH/s  0.00008332 BTC


Hashnest

Payouts based on 24 blocks found.

Hashnest S3 50 GH/s  0.00001207 BTC  PLNS 

Hashnest S4 50 GH/s  0.00007774 BTC  PLNS

Hashnest S5 50 GH/s  0.00017782 BTC PLNS

[IanFoxley]

Payout info for Mining Day 07.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00012911 BTC

Spondoolies 50 GH/s  0.00008336 BTC


Hashnest

Payouts based on 21 blocks found.

Hashnest S3 50 GH/s  0.00000796 BTC  PLNS 

Hashnest S4 50 GH/s  0.00006563 BTC  PLNS

Hashnest S5 50 GH/s  0.00015364 BTC PLNS

[IanFoxley]

Payout info for Mining Day 08.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00013333 BTC

Spondoolies 50 GH/s  0.00008819 BTC


Hashnest

Payouts based on 26 blocks found.

Hashnest S3 50 GH/s  0.00006019 BTC  PLNS 

Hashnest S4 50 GH/s  0.00012418 BTC  PLNS

Hashnest S5 50 GH/s  0.00022178 BTC PLNS

[IanFoxley]

Payout info for Mining Day 09.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00012844 BTC

Spondoolies 50 GH/s  0.00008260 BTC


Hashnest

Payouts based on 21 blocks found.

Hashnest S3 50 GH/s  0.00000047 BTC  PLNS  

Hashnest S4 50 GH/s  0.00005833 BTC  PLNS

Hashnest S5 50 GH/s  0.00014659 BTC PLNS

[IanFoxley]

Payout info for Mining Day 10.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00012750 BTC

Spondoolies 50 GH/s  0.00008150 BTC


Hashnest

Payouts based on 37 blocks found.

Hashnest S3 50 GH/s  0.00025100 BTC  PLNS 

Hashnest S4 50 GH/s  0.00031404 BTC  PLNS

Hashnest S5 50 GH/s  0.00041009 BTC PLNS

[IanFoxley]

Payout info for Mining Day 11.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00012826 BTC

Spondoolies 50 GH/s  0.00008237 BTC


Hashnest

Payouts based on 28 blocks found.

Hashnest S3 50 GH/s  will update  PLNS  

Hashnest S4 50 GH/s  will update  PLNS

Hashnest S5 50 GH/s  will update BTC PLNS

[IanFoxley]

Payout info for Mining Day 12.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00012514 BTC               Average for the week  0.00012869 BTC

Spondoolies 50 GH/s      0.00007882 BTC               Average for the week  0.00008288 BTC


Hashnest

Payouts based on 31 blocks found.


Hashnest S3 50 GH/s  0.00016957 BTC  PLNS          Average for the week   0.00009626 BTC.   

Hashnest S4 50 GH/s  0.00022973 BTC  PLNS          Average for the week   0.00015642 BTC

Hashnest S5 50 GH/s  0.00032148 BTC PLNS           Average for the week   0.00024815 BTC


Here are the maintenance fees for above contracts

Genesis Mining 0.0015 USD per GH/s per day

Spondoolies 0.0019 USD per GH/s per day

Hashnest S3  0.00192 USD per GH/s per day

Hashnest S4  0.001625 USD per GH/s per day

Hashnest S5  0.001175 USD per GH/s per day

[IanFoxley]

Payout info for Mining Day 13.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00011665 BTC

Spondoolies 50 GH/s  0.00006909 BTC


Hashnest

Payouts based on 28 blocks found.

Hashnest S3 50 GH/s  0.00006117 BTC  PLNS 

Hashnest S4 50 GH/s  0.00012701 BTC  PLNS

Hashnest S5 50 GH/s  0.00022744 BTC BTC PLNS

[IanFoxley]

Payout info for Mining Day 14.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00011427 BTC

Spondoolies 50 GH/s  0.00006635 BTC


Hashnest

Payouts based on 20 blocks found.

Hashnest S3 50 GH/s - 0.00005736 BTC  PLNS  Minus payout today for the S3 hashpower

Hashnest S4 50 GH/s  0.00000484 BTC  PLNS

Hashnest S5 50 GH/s  0.00009972 BTC BTC PLNS

[speedt_ouch]

Payout info for Mining Day 14.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00011427 BTC

Spondoolies 50 GH/s  0.00006635 BTC


Hashnest

Payouts based on 20 blocks found.

Hashnest S3 50 GH/s - 0.00005736 BTC  PLNS  Minus payout today for the S3 hashpower

Hashnest S4 50 GH/s  0.00000484 BTC  PLNS

Hashnest S5 50 GH/s  0.00009972 BTC BTC PLNS

Hi.
Thank you for sharing this updated list.
I have been getting more and more disappointed with genesis.
I'm receiving half of what I was receiving a month ago. There is no info on block, pool, or on how much was deducted for maintenance fee...
Anyway, I did know they did not disclose that information when I opened an account with then.

I have a 350GH/s account and my payment for the 14th was: 0.00079986 BTC (0.00079986/350 = 0,000002285)

0,000002285 is exactly the same value has your payment for the 14th for 50GH/s (0.00011427/50 = 0,000002285)

[IanFoxley]

Payout info for Mining Day 14.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00011427 BTC

Spondoolies 50 GH/s  0.00006635 BTC


Hashnest

Payouts based on 20 blocks found.

Hashnest S3 50 GH/s - 0.00005736 BTC  PLNS  Minus payout today for the S3 hashpower

Hashnest S4 50 GH/s  0.00000484 BTC  PLNS

Hashnest S5 50 GH/s  0.00009972 BTC BTC PLNS

Hi.
Thank you for sharing this updated list.
I have been getting more and more disappointed with genesis.
I'm receiving half of what I was receiving a month ago. There is no info on block, pool, or on how much was deducted for maintenance fee...
Anyway, I did know they did not disclose that information when I opened an account with then.

I have a 350GH/s account and my payment for the 14th was: 0.00079986 BTC (0.00079986/350 = 0,000002285)

0,000002285 is exactly the same value has your payment for the 14th for 50GH/s (0.00011427/50 = 0,000002285)

It is is pretty easy to work out how much was deducted as a maintenance fee.
As you know what the fee is as it is always the same.

If you have 350GH/s then you know that the daily fee will be just over 52 US cents a day, 0.0015 x 350 = 0.525, so just go to bitcoinwisdom and enter in 0.525 into the USD/day box and it will tell you exactly how much BTC that is at the current BTC price. Of course when GM does the payout, the value of 1 BTC might have changed up or down by a small amount but you should still get an idea of how much BTC was removed from the fee. Infact when you do this and then add it to your payout and then you will get an idea of what the payout is before fee was removed.

I do agree though and it would be great if GM could have something displayed where it showed the payout for today and the maintenance fee as a seperate thing.

They cant show blocks found or other info as if you look on their FAQ, they do state that mine Bitcoin on more than one pool and that would make sense because if you mine on more than one pool you can get all your payouts from all the pools and then deal it out, because pools can vary each day and as you can see with Antpool, some days it has nice days and other days it has really awful ones. On their thread they do give info of one of the pools they mine at but they just state that they dont want to give too much away as I think they are pretty secretive about how much hashpower they have. In a recent interview Marco Streng did say that they are in the top ten of hashpower in regards to Bitcoin hashing power on the network. So that could be another reason why they spread their hashpower around so that they do not risk 51% the network. Overall GM payout are quite stable and as said it is the value of Bitcoin against the USD and the fee being in USD that causes the payouts to go down, of course Bitcoin difficulty does too but Bitcoin value causes most of the problems with payouts at the moment.

If you look at Hashnests payouts, you can also see how much the maintenance fee affects the payouts. Take todays S3 payout, being negative for example.
And a few weeks ago the value of BTC falling caused UMISOO and S2 contracts to be negative for more than 10 days in a row because the maintenance fee each day was more than the payouts  so now they have been removed.

[IanFoxley]

Payout info for Mining Day 15.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s  0.00011498 BTC

Spondoolies 50 GH/s     0.00006714 BTC


Hashnest

Payouts based on 23 blocks found.

Hashnest S3 50 GH/s  0.00000974 BTC  PLNS  

Hashnest S4 50 GH/s  0.00007118 BTC  PLNS

Hashnest S5 50 GH/s  0.00016492 BTC BTC PLNS

[IanFoxley]

Hi everyone.

Noticed on the official Genesis Mining thread that maintenance fees have been lowered on contracts purchased from today September 16th onwards.
The fee has been lowered from 0.0015 USD per GH/s down to 0.0012 USD per GH/s

This means that if you bought 1TH/s the daily fee has gone from 1.50 USD down to 1.20 USD, a saving of 30 cents per TH/s

What I have done is just now, bought 50 GH/s with the new maintenance fee so as soon as I get full payouts from it, I will also list them on this site.

It will be interesting as this fee is pretty close to the Hashminer S5 maintenance fee of 0.001175 USD per GH/s, so will be good to compare payouts from both of them.

So look out for this is the coming days.

Ian

[alomonos2210]

Ian, thanks for the answer. but I have another question. which of the cloud mining made you satisfied? genesis-mining or hashnest? In total with considering the ROI and overall profit and fee, which is most profitable?