Day 35 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/NTZIFIaROPA
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00012044 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00013639 BTC
Genesis Mining 1 MH/s contract 0.00019308 BTC
GAW Waffle Hashlet 0.00015061 BTC
GAW Zen Hashlet 0.00018660 BTC
Topic: Genesis-Mining Review - page 30. (Read 126905 times)
Day 34 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/bObgL7QxHuQ
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00012300 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00014009 BTC
Genesis Mining 1 MH/s contract 0.00019639 BTC
GAW Waffle Hashlet 0.00024903 BTC
GAW Zen Hashlet 0.00031377 BTC
http://youtu.be/bObgL7QxHuQ
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00012300 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00014009 BTC
Genesis Mining 1 MH/s contract 0.00019639 BTC
GAW Waffle Hashlet 0.00024903 BTC
GAW Zen Hashlet 0.00031377 BTC
Day 33 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/1m6gzNUCj-0
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00012055 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00016029 BTC
Genesis Mining 1 MH/s contract 0.00021875 BTC
GAW Waffle Hashlet 0.00011377 BTC
GAW Zen Hashlet 0.00036384 BTC
http://youtu.be/1m6gzNUCj-0
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00012055 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00016029 BTC
Genesis Mining 1 MH/s contract 0.00021875 BTC
GAW Waffle Hashlet 0.00011377 BTC
GAW Zen Hashlet 0.00036384 BTC
Hi.
I am not sure if you are aware of this but on another thread, Genesis Mining has posted that basically the maintenance fees
for Scrypt will be 0.05 USD per Megahash and not 0.08 USD per Megahash as is on the contract.
https://bitcointalksearch.org/topic/m.9199356
I went to order today and noticed that the terms and conditions have changed as well, to reflect that.
I also noticed that with the SHA 256 contracts the fee each day is now 0.01 USD per 10 GH/s and not per 5 GH/s as before.
I am not sure if you are aware of this but on another thread, Genesis Mining has posted that basically the maintenance fees
for Scrypt will be 0.05 USD per Megahash and not 0.08 USD per Megahash as is on the contract.
https://bitcointalksearch.org/topic/m.9199356
I went to order today and noticed that the terms and conditions have changed as well, to reflect that.
I also noticed that with the SHA 256 contracts the fee each day is now 0.01 USD per 10 GH/s and not per 5 GH/s as before.
Day 31 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/gM8RmBHnpgk
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00013098 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00013713 BTC
Genesis Mining 1 MH/s contract 0.00021833 BTC
GAW Waffle Hashlet 0.00021074 BTC
GAW Zen Hashlet 0.00025001 BTC
Also a video comparing ROI for the first 28 days with all the contracts so far.
http://youtu.be/B7MLGGkdKwk
Ian
http://youtu.be/gM8RmBHnpgk
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00013098 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00013713 BTC
Genesis Mining 1 MH/s contract 0.00021833 BTC
GAW Waffle Hashlet 0.00021074 BTC
GAW Zen Hashlet 0.00025001 BTC
Also a video comparing ROI for the first 28 days with all the contracts so far.
http://youtu.be/B7MLGGkdKwk
Ian
Day 30 comparison of payments with Genesis Mining and GAW Miners Hashlets. Sorry about the delay, this was due to GM bug last night and then Zenportal being down most of the day, so could not make my video.
http://youtu.be/BG7_IuyZ-jM
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00012849 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00012683 BTC
Genesis Mining 1 MH/s contract 0.00024734 BTC
GAW Waffle Hashlet 0.00014196 BTC
GAW Zen Hashlet 0.00041240 BTC
Ian
http://youtu.be/BG7_IuyZ-jM
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00012849 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00012683 BTC
Genesis Mining 1 MH/s contract 0.00024734 BTC
GAW Waffle Hashlet 0.00014196 BTC
GAW Zen Hashlet 0.00041240 BTC
Ian
yeah, but on their front page (logged out) it says 8.99usd pr 10GH/S..if you dont by 100GH/S then its 8.79GH/S.. on the upgrade hashpower (logged in) the pricing is 8.79 for 10GH/S but gets more expensive when you get past 1TH/S 
haha, then the price is 889usd (8.89usd pr 10GH/S) 
haha, then the price is 889usd (8.89usd pr 10GH/S)
The price of 10 GH/s is now 8.99 USD.
Day 29 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/6SgbLxnTqao
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00013373 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00015928 BTC
Genesis Mining 1 MH/s contract 0.00024567 BTC
GAW Waffle Hashlet 0.00010892 BTC
GAW Zen Hashlet 0.00048050 BTC
http://youtu.be/6SgbLxnTqao
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00013373 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00015928 BTC
Genesis Mining 1 MH/s contract 0.00024567 BTC
GAW Waffle Hashlet 0.00010892 BTC
GAW Zen Hashlet 0.00048050 BTC
It can be pretty hard to calculate ahead like you have done as there is really no way of knowing how things are going to be.
You assume that BTC will hit 600 USD, but there is no certainty that it will or it will not.
I started my videos 28 days ago and so far my Genesis Mining 10 GH/s contract has paid out 21.3 % of my ROI.
Of course I didn't have to pay that huge wire fee charge like you had to.
If you had not paid that, you would have been much better off.
If the daily payouts would get to a point where they were making no money I actually think that a lot of miners would just stop mining as there would be no profit for them, so instead of the difficulty keep going up, it might actually level and could even go down.
Just my thoughts.
i am not assuming the btc will hit 600usd.. i am just saying it must do for me to hit roi..or the difficulti has to lower(or stay flat), witch would be the first time in history! i just asked them myselfe and they told me that i was correct.. the difficulty vs the value of bitcoin is right now at the tipping point, and they said never say never, mabey the diffuculty is going to get lower or stay flat as, this is for "regular miners" as well, and if they turn of their miners the diff would drop! You assume that BTC will hit 600 USD, but there is no certainty that it will or it will not.
I started my videos 28 days ago and so far my Genesis Mining 10 GH/s contract has paid out 21.3 % of my ROI.
Of course I didn't have to pay that huge wire fee charge like you had to.
If you had not paid that, you would have been much better off.
If the daily payouts would get to a point where they were making no money I actually think that a lot of miners would just stop mining as there would be no profit for them, so instead of the difficulty keep going up, it might actually level and could even go down.
Just my thoughts.
It can be pretty hard to calculate ahead like you have done as there is really no way of knowing how things are going to be.
You assume that BTC will hit 600 USD, but there is no certainty that it will or it will not.
I started my videos 28 days ago and so far my Genesis Mining 10 GH/s contract has paid out 21.3 % of my ROI.
Of course I didn't have to pay that huge wire fee charge like you had to.
If you had not paid that, you would have been much better off.
If the daily payouts would get to a point where they were making no money I actually think that a lot of miners would just stop mining as there would be no profit for them, so instead of the difficulty keep going up, it might actually level and could even go down.
Just my thoughts.
You assume that BTC will hit 600 USD, but there is no certainty that it will or it will not.
I started my videos 28 days ago and so far my Genesis Mining 10 GH/s contract has paid out 21.3 % of my ROI.
Of course I didn't have to pay that huge wire fee charge like you had to.
If you had not paid that, you would have been much better off.
If the daily payouts would get to a point where they were making no money I actually think that a lot of miners would just stop mining as there would be no profit for them, so instead of the difficulty keep going up, it might actually level and could even go down.
Just my thoughts.
this is with their maintenance fee at 0.01 USD per 5 Gh/s for SHA 256 hashpower, Estimated Next Difficulty +4.28%(bitcoinwisdom.com)
the Rate BTC to USD has to go up to about 600 before i hit ROI in about a year... if i had just bought btc for my 83usd and then the btc to usd went up to 600 i would have earnd 50usd at the same time
can some one please tell me i have done something wrong in my calculations?
the Rate BTC to USD has to go up to about 600 before i hit ROI in about a year... if i had just bought btc for my 83usd and then the btc to usd went up to 600 i would have earnd 50usd at the same time
can some one please tell me i have done something wrong in my calculations?
even if i paid in bitcoins(no bank fee) and had 5% discount i would newer get ROI if this is true!!??
this is wath i calculated with 50GH/s with the price of 83usd (the price of 50GH/S with the bank fee) can this be correct? i will newer ever come close to roi if the currecy stay at this level??
During Bitcoin per day Revenue per day Income per day difficulty total day total BTC total Income amount to break even
Oct-12-14 - Oct-21-14 0.0009 BTC $0.34 $0.24 35,002,482,026 10 days 0.01BTC $2.39 $-80.61
Oct-22-14 - Nov-03-14 0.0009 BTC $0.33 $0.23 36,500,588,257 23 days 0.02BTC $5.33 $-77.67
Nov-04-14 - Nov-16-14 0.0009 BTC $0.31 $0.21 38,062,813,434 36 days 0.03BTC $8.08 $-74.92
Nov-17-14 - Nov-29-14 0.0008 BTC $0.3 $0.2 39,691,901,849 49 days 0.04BTC $10.68 $-72.32
Nov-30-14 - Dec-12-14 0.0008 BTC $0.29 $0.19 41,390,715,248 62 days 0.05BTC $13.11 $-69.89
Dec-13-14 - Dec-25-14 0.0008 BTC $0.28 $0.18 43,162,237,861 75 days 0.06BTC $15.39 $-67.61
Dec-26-14 - Jan-07-15 0.0007 BTC $0.26 $0.16 45,009,581,641 88 days 0.07BTC $17.52 $-65.48
Jan-08-15 - Jan-20-15 0.0007 BTC $0.25 $0.15 46,935,991,736 101 days 0.08BTC $19.51 $-63.49
Jan-21-15 - Feb-02-15 0.0007 BTC $0.24 $0.14 48,944,852,182 114 days 0.09BTC $21.37 $-61.63
Feb-03-15 - Feb-15-15 0.0006 BTC $0.23 $0.13 51,039,691,855 127 days 0.1BTC $23.09 $-59.91
Feb-16-15 - Feb-28-15 0.0006 BTC $0.22 $0.12 53,224,190,667 140 days 0.11BTC $24.7 $-58.3
Mar-01-15 - Mar-13-15 0.0006 BTC $0.21 $0.11 55,502,186,027 153 days 0.11BTC $26.18 $-56.82
Mar-14-15 - Mar-26-15 0.0006 BTC $0.21 $0.11 57,877,679,589 166 days 0.12BTC $27.55 $-55.45
Mar-27-15 - Apr-08-15 0.0005 BTC $0.2 $0.1 60,354,844,276 179 days 0.13BTC $28.81 $-54.19
Apr-09-15 - Apr-21-15 0.0005 BTC $0.19 $0.09 62,938,031,610 192 days 0.14BTC $29.96 $-53.04
Apr-22-15 - May-04-15 0.0005 BTC $0.18 $0.08 65,631,779,363 205 days 0.14BTC $31.01 $-51.99
May-05-15 - May-17-15 0.0005 BTC $0.17 $0.07 68,440,819,520 218 days 0.15BTC $31.97 $-51.03
May-18-15 - May-30-15 0.0005 BTC $0.17 $0.07 71,370,086,596 231 days 0.15BTC $32.84 $-50.16
May-31-15 - Jun-12-15 0.0004 BTC $0.16 $0.06 74,424,726,302 244 days 0.16BTC $33.61 $-49.39
Jun-13-15 - Jun-25-15 0.0004 BTC $0.15 $0.05 77,610,104,588 257 days 0.17BTC $34.3 $-48.7
Jun-26-15 - Jul-08-15 0.0004 BTC $0.15 $0.05 80,931,817,064 270 days 0.17BTC $34.91 $-48.09
Jul-09-15 - Jul-21-15 0.0004 BTC $0.14 $0.04 84,395,698,834 283 days 0.18BTC $35.44 $-47.56
Jul-22-15 - Aug-03-15 0.0004 BTC $0.14 $0.04 88,007,834,744 296 days 0.18BTC $35.9 $-47.1
Aug-04-15 - Aug-16-15 0.0004 BTC $0.13 $0.03 91,774,570,072 309 days 0.18BTC $36.28 $-46.72
Aug-17-15 - Aug-29-15 0.0003 BTC $0.12 $0.02 95,702,521,671 322 days 0.19BTC $36.59 $-46.41
Aug-30-15 - Sep-11-15 0.0003 BTC $0.12 $0.02 99,798,589,598 335 days 0.19BTC $36.84 $-46.16
Sep-12-15 - Sep-24-15 0.0003 BTC $0.11 $0.01 104,069,969,233 348 days 0.2BTC $37.02 $-45.98
Sep-25-15 - Oct-07-15 0.0003 BTC $0.11 $0.01 108,524,163,916 361 days 0.2BTC $37.15 $-45.85
Oct-08-15 - Oct-20-15 0.0003 BTC $0.1 $0 113,168,998,132 374 days 0.21BTC $37.21 $-45.79
Oct-21-15 - Oct-22-15 0.0003 BTC $0.1 $0 118,012,631,252 376 days 0.21BTC $37.21 $-45.79
During Bitcoin per day Revenue per day Income per day difficulty total day total BTC total Income amount to break even
Oct-12-14 - Oct-21-14 0.0009 BTC $0.34 $0.24 35,002,482,026 10 days 0.01BTC $2.39 $-80.61
Oct-22-14 - Nov-03-14 0.0009 BTC $0.33 $0.23 36,500,588,257 23 days 0.02BTC $5.33 $-77.67
Nov-04-14 - Nov-16-14 0.0009 BTC $0.31 $0.21 38,062,813,434 36 days 0.03BTC $8.08 $-74.92
Nov-17-14 - Nov-29-14 0.0008 BTC $0.3 $0.2 39,691,901,849 49 days 0.04BTC $10.68 $-72.32
Nov-30-14 - Dec-12-14 0.0008 BTC $0.29 $0.19 41,390,715,248 62 days 0.05BTC $13.11 $-69.89
Dec-13-14 - Dec-25-14 0.0008 BTC $0.28 $0.18 43,162,237,861 75 days 0.06BTC $15.39 $-67.61
Dec-26-14 - Jan-07-15 0.0007 BTC $0.26 $0.16 45,009,581,641 88 days 0.07BTC $17.52 $-65.48
Jan-08-15 - Jan-20-15 0.0007 BTC $0.25 $0.15 46,935,991,736 101 days 0.08BTC $19.51 $-63.49
Jan-21-15 - Feb-02-15 0.0007 BTC $0.24 $0.14 48,944,852,182 114 days 0.09BTC $21.37 $-61.63
Feb-03-15 - Feb-15-15 0.0006 BTC $0.23 $0.13 51,039,691,855 127 days 0.1BTC $23.09 $-59.91
Feb-16-15 - Feb-28-15 0.0006 BTC $0.22 $0.12 53,224,190,667 140 days 0.11BTC $24.7 $-58.3
Mar-01-15 - Mar-13-15 0.0006 BTC $0.21 $0.11 55,502,186,027 153 days 0.11BTC $26.18 $-56.82
Mar-14-15 - Mar-26-15 0.0006 BTC $0.21 $0.11 57,877,679,589 166 days 0.12BTC $27.55 $-55.45
Mar-27-15 - Apr-08-15 0.0005 BTC $0.2 $0.1 60,354,844,276 179 days 0.13BTC $28.81 $-54.19
Apr-09-15 - Apr-21-15 0.0005 BTC $0.19 $0.09 62,938,031,610 192 days 0.14BTC $29.96 $-53.04
Apr-22-15 - May-04-15 0.0005 BTC $0.18 $0.08 65,631,779,363 205 days 0.14BTC $31.01 $-51.99
May-05-15 - May-17-15 0.0005 BTC $0.17 $0.07 68,440,819,520 218 days 0.15BTC $31.97 $-51.03
May-18-15 - May-30-15 0.0005 BTC $0.17 $0.07 71,370,086,596 231 days 0.15BTC $32.84 $-50.16
May-31-15 - Jun-12-15 0.0004 BTC $0.16 $0.06 74,424,726,302 244 days 0.16BTC $33.61 $-49.39
Jun-13-15 - Jun-25-15 0.0004 BTC $0.15 $0.05 77,610,104,588 257 days 0.17BTC $34.3 $-48.7
Jun-26-15 - Jul-08-15 0.0004 BTC $0.15 $0.05 80,931,817,064 270 days 0.17BTC $34.91 $-48.09
Jul-09-15 - Jul-21-15 0.0004 BTC $0.14 $0.04 84,395,698,834 283 days 0.18BTC $35.44 $-47.56
Jul-22-15 - Aug-03-15 0.0004 BTC $0.14 $0.04 88,007,834,744 296 days 0.18BTC $35.9 $-47.1
Aug-04-15 - Aug-16-15 0.0004 BTC $0.13 $0.03 91,774,570,072 309 days 0.18BTC $36.28 $-46.72
Aug-17-15 - Aug-29-15 0.0003 BTC $0.12 $0.02 95,702,521,671 322 days 0.19BTC $36.59 $-46.41
Aug-30-15 - Sep-11-15 0.0003 BTC $0.12 $0.02 99,798,589,598 335 days 0.19BTC $36.84 $-46.16
Sep-12-15 - Sep-24-15 0.0003 BTC $0.11 $0.01 104,069,969,233 348 days 0.2BTC $37.02 $-45.98
Sep-25-15 - Oct-07-15 0.0003 BTC $0.11 $0.01 108,524,163,916 361 days 0.2BTC $37.15 $-45.85
Oct-08-15 - Oct-20-15 0.0003 BTC $0.1 $0 113,168,998,132 374 days 0.21BTC $37.21 $-45.79
Oct-21-15 - Oct-22-15 0.0003 BTC $0.1 $0 118,012,631,252 376 days 0.21BTC $37.21 $-45.79
Day 28 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/1ADIAHHPU1g
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00013365 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00015221 BTC
Genesis Mining 1 MH/s contract 0.00024939 BTC
GAW Waffle Hashlet 0.00019838 BTC
GAW Zen Hashlet 0.00041353 BTC
Ian
http://youtu.be/1ADIAHHPU1g
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00013365 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00015221 BTC
Genesis Mining 1 MH/s contract 0.00024939 BTC
GAW Waffle Hashlet 0.00019838 BTC
GAW Zen Hashlet 0.00041353 BTC
Ian
Day 27 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/FtIADC5ZI8o
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00013422 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00014231 BTC
Genesis Mining 1 MH/s contract 0.00026559 BTC
GAW Waffle Hashlet 0.00012285 BTC
GAW Zen Hashlet 0.00041491 BTC
http://youtu.be/FtIADC5ZI8o
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00013422 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00014231 BTC
Genesis Mining 1 MH/s contract 0.00026559 BTC
GAW Waffle Hashlet 0.00012285 BTC
GAW Zen Hashlet 0.00041491 BTC
Day 26 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/jpyBLDnL29o
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00013402 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00014371 BTC
Genesis Mining 1 MH/s contract 0.00022544 BTC
GAW Waffle Hashlet 0.00023010 BTC
GAW Zen Hashlet 0.00038133 BTC
http://youtu.be/jpyBLDnL29o
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00013402 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00014371 BTC
Genesis Mining 1 MH/s contract 0.00022544 BTC
GAW Waffle Hashlet 0.00023010 BTC
GAW Zen Hashlet 0.00038133 BTC
Whether you have used the genesis and if it does exist it ??
I so interested for me
Hir ight now Multihashlet has negative payouts
https://hashtalk.org/topic/10734/multihashlet/72
It seems that they are returning some btc to the people so they still remane "profitable" , last time it happened they just removed the hashlet from the market (NIcehashlet) and upgraded the existing units to ZenHashlets .
https://hashtalk.org/topic/10734/multihashlet/72
It seems that they are returning some btc to the people so they still remane "profitable" , last time it happened they just removed the hashlet from the market (NIcehashlet) and upgraded the existing units to ZenHashlets .
Day 26 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/jpyBLDnL29o
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00013532 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00015348 BTC
Genesis Mining 1 MH/s contract 0.00025290 BTC
GAW Waffle Hashlet 0.00019819 BTC
GAW Zen Hashlet 0.00049163 BTC
Edit: Have updated the payment info, as had accidently pasted Day 25 payouts again. Sorry!
http://youtu.be/jpyBLDnL29o
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00013532 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00015348 BTC
Genesis Mining 1 MH/s contract 0.00025290 BTC
GAW Waffle Hashlet 0.00019819 BTC
GAW Zen Hashlet 0.00049163 BTC
Edit: Have updated the payment info, as had accidently pasted Day 25 payouts again. Sorry!
Day 25 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/XWgcJE54W8c
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00013402 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00014371 BTC
Genesis Mining 1 MH/s contract 0.00022544 BTC
GAW Waffle Hashlet 0.00023010 BTC
GAW Zen Hashlet 0.00038133 BTC
Ian
http://youtu.be/XWgcJE54W8c
Payments were as follows:
Genesis Mining 10 GH/s contract 0.00013402 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00014371 BTC
Genesis Mining 1 MH/s contract 0.00022544 BTC
GAW Waffle Hashlet 0.00023010 BTC
GAW Zen Hashlet 0.00038133 BTC
Ian
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