Genesis-Mining Review - page 25. | Bitcointalksearch.org

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: crazyivan on April 24, 2015, 03:13:55 AM

Quote from: flyingplows on April 24, 2015, 02:49:25 AM

Quote from: Zeta0S on April 23, 2015, 11:35:52 AM

Quote from: flyingplows on April 23, 2015, 04:54:53 AM

Quote from: kapetan on April 22, 2015, 09:10:22 PM

hi
What is the current ROI here ?

lol, believe me you don't want to know my friend Wink

I made roi a long time ago Lips sealed

Why are people bashing Genesis Mining, they are the only one i do trust.

You can find a ROI claim there: https://bitcointalk.org/index.php?topic=602022.2740
I don't believe him though...

1 person? I would really need more then that.

I have no idea about where I am at with my own account as with freehashpower being added to it, it is hard to have any idea of how much I would have got if it wasn't for that free hashpower.

The comparison I started in September though is quite accurate as had no free hashpower.
I had purchased 10GH/s SHA 256 and 1 MH/s Scrypt, the 1MH/s scrypt turning into 1GH/s in February.
The amount I paid for that in September for both contracts was 0.0562 BTC and so far the amount of BTC I had back is 0.0383 BTC. If Scrypt had not gone the way it has, could have been quite close to ROI now I think.

So if people had purchased SHA 256 in September and not Scrypt, there is a chance they could be very close to ROI or have reached it already. Not everyone comes on these forums though.

Ian

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: flyingplows on April 24, 2015, 02:49:25 AM

Quote from: Zeta0S on April 23, 2015, 11:35:52 AM

Quote from: flyingplows on April 23, 2015, 04:54:53 AM

Quote from: kapetan on April 22, 2015, 09:10:22 PM

hi
What is the current ROI here ?

lol, believe me you don't want to know my friend Wink

I made roi a long time ago Lips sealed

Why are people bashing Genesis Mining, they are the only one i do trust.

You can find a ROI claim there: https://bitcointalk.org/index.php?topic=602022.2740
I don't believe him though...

1 person? I would really need more then that.

flyingplows

sr. member

Activity: 518

Merit: 250

Quote from: Zeta0S on April 23, 2015, 11:35:52 AM

Quote from: flyingplows on April 23, 2015, 04:54:53 AM

Quote from: kapetan on April 22, 2015, 09:10:22 PM

hi
What is the current ROI here ?

lol, believe me you don't want to know my friend Wink

I made roi a long time ago Lips sealed

Why are people bashing Genesis Mining, they are the only one i do trust.

You can find a ROI claim there: https://bitcointalk.org/index.php?topic=602022.2740
I don't believe him though...

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: CjMapope on April 23, 2015, 11:15:14 PM

Genesis Mining summed up. "They will gladly give you a dollar a day for 1000$ today"

Yes, their prices are way over all other legit cloud mining operators. They are very transparent and responsive on the other hand. I m not sure if it is possible to ROI with them, I still have not found a single person able to do so. If there s anyone, pls do let me know.

CjMapope

legendary

Activity: 1820

Merit: 1092

~Full-Time Minter since 2016~

Genesis Mining summed up. "They will gladly give you a dollar a day for 1000$ today"

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: martinshane on February 18, 2015, 10:41:19 AM

I'm thinking of buying mining from Genesis Mining. Have these issues been resolved? Should I do it?

Apart from that one payout issue in January with their software upgrade, they have always been reliable with payouts. They just recently teamed up with Spondoolies as well.

I myself had been doing a series of payout comparison videos with them and Gaw Miners since September. Since stopped though because Gaw Miners stopped hashlet cloudmining etc.

Genesis Mining has an official thread here.

https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022

martinshane

newbie

Activity: 9

Merit: 0

I'm thinking of buying mining from Genesis Mining. Have these issues been resolved? Should I do it?

freavida

newbie

Activity: 5

Merit: 0

I just got an email from Craig Kiltie of Genesis Mining, he said that they are still encountering issues after the upgrade that they did and they their tech guys are looking into it now.They will send the payout and the payouts that they owed from the previous days.

This is one of the reason why I choose GM. I have read a lot of reviews regarding them and most of the reviews vouch for their good customer service. I hope GM can resolve it quickly.

freavida

newbie

Activity: 5

Merit: 0

Hi,

Newbie here. I just purchased a lifetime contract with Genesis-Mining last January 12. My question is based from your experiences, how long you need to wait for the first payout to reflect on your account?
By the way I have watched your daily update on youtube Mr. IanFoxley

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: lowtek on January 13, 2015, 12:23:34 AM

Purchased a mining contract 3 days and no payouts at all. Every day support has a different excuse. Save your BTC, service is extremely unreliable.

Yeh the last few days were unfortunate I think, I have had a contract with them since May and last weekend was the first time any payout had been late..

And as you purchased a contract 3 days ago...that was right in the middle of their problems, shame you didn't know about them before hand as perhaps your problems are because you bought a contract just when their software screwed up..

At least support is answering you each day...some companies..don't answer you at all..

lowtek

newbie

Activity: 3

Merit: 0

Purchased a mining contract 3 days and no payouts at all. Every day support has a different excuse. Save your BTC, service is extremely unreliable.

galdur

hero member

Activity: 616

Merit: 500

Yeah, got it now. All squared for mining day 1/7.

Guess, 8 and 9 will arrive when they´ve upgraded or whatever they´re doing.

cloverme

legendary

Activity: 1512

Merit: 1057

SpacePirate.io

Quote from: IanFoxley on January 10, 2015, 06:33:05 PM

Quote from: galdur on January 10, 2015, 06:23:29 PM

I got payout today which is presumably for mining on Jan 8.

Last I have is for mining day 07.01.2015 which would have been paid out on the 8th January.

Not had a payout since then although on twitter, facebook and on the forum here they have said there is a problem and payouts should be paid out today.

Its about half ten at night now UTC time so about 90 minutes left before that payout day is over.

Same here as well, last payment I received was on 1/8. At least they are updating twitter... could be domino effect from bitstamp earlier this week if they had funds locked up in there.

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: galdur on January 10, 2015, 06:23:29 PM

I got payout today which is presumably for mining on Jan 8.

Last I have is for mining day 07.01.2015 which would have been paid out on the 8th January.

Not had a payout since then although on twitter, facebook and on the forum here they have said there is a problem and payouts should be paid out today.

Its about half ten at night now UTC time so about 90 minutes left before that payout day is over.

galdur

hero member

Activity: 616

Merit: 500

I got payout today which is presumably for mining on Jan 8.

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: marvykkio on January 10, 2015, 04:55:23 PM

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 Huh

I have been waiting since January 3rd for my CC payout. I contacted support and was told there were technical issues and that those payouts were delayed. I had a ticket back today telling me that it had been fixed and that I should have a payout either today or tomorrow, Yes it was a pain having to wait but at least they do try hard to sort out problems.

marvykkio

hero member

Activity: 798

Merit: 1000

then you say and reliable?

galdur

hero member

Activity: 616

Merit: 500

Trust me; this is one of those companies that you only do business with once - unless you enjoy dead money.

Well, maybe that´s a bit harsh. I can´t say they´ve scammed me. But the scrypt I got turned into a total disaster after a promising start. SHA, ok, except the contracts are overpriced.

marvykkio

hero member

Activity: 798

Merit: 1000

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 Huh

darkangel11

legendary

Activity: 2296

Merit: 1335

Don't let others control your BTC -> self custody

Quote from: George1962 on November 28, 2014, 01:55:43 PM

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 Wink

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

Topic: Genesis-Mining Review - page 25. (Read 126871 times)