Genesis-Mining Review - page 31. | Bitcointalksearch.org

puwaha

sr. member

Activity: 700

Merit: 294

Quote from: Kakmakr on October 09, 2014, 02:42:30 AM

Two stupid newbie questions,

Question 1. If you hoard the coins, received from the cloud mining, until the price of bitcoin increase, would you ROI?

Yes. The length of time to ROI depends on the cost of the miner and payouts.

Quote

Question 2. I want to buy into cloud mining, but I do not want to switch pools to get the best results. I want it automated, to mine for me, and preferably mining for BTC.

I have bought some GHs with CEX/Ghash and they mine whatever they feel like, and when they mine Alt, they take maintenance fees in BTC, and this eats up any profits made from mining Alt coins.

When they mine BTC, and take maintenance in BTC it break equal or I profit a bit.

What option is best suited to me, where I am handsoff, but still in a position to ROI?

I have a 10 hour day at work, so I do not have time to switch pools for best results.

Best return right now is the Zen Hashlet from ZenCloud/GAW. It's basically set it and let it run. It cannot change pools, but returns much better than other pools.

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

Two stupid newbie questions,

Question 1. If you hoard the coins, received from the cloud mining, until the price of bitcoin increase, would you ROI?
Question 2. I want to buy into cloud mining, but I do not want to switch pools to get the best results. I want it automated, to mine for me, and preferably mining for BTC.

I have bought some GHs with CEX/Ghash and they mine whatever they feel like, and when they mine Alt, they take maintenance fees in BTC, and this eats up any profits made from mining Alt coins.

When they mine BTC, and take maintenance in BTC it break equal or I profit a bit.

What option is best suited to me, where I am handsoff, but still in a position to ROI?

I have a 10 hour day at work, so I do not have time to switch pools for best results.

IanFoxley

legendary

Activity: 910

Merit: 1000

Day 24 comparison of payments with Genesis Mining and GAW Miners Hashlets.

http://youtu.be/aik4063wbOY

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00013335 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00013450 BTC

Genesis Mining 1 MH/s contract 0.00026755 BTC
GAW Waffle Hashlet 0.00015989 BTC
GAW Zen Hashlet 0.00046002 BTC

IanFoxley

legendary

Activity: 910

Merit: 1000

Day 23 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/idGsEtqjnck

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00013120 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00022990 BTC

Genesis Mining 1 MH/s contract 0.00026479 BTC
GAW Waffle Hashlet 0.00014966 BTC
GAW Zen Hashlet 0.00046170 BTC

okae

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Activity: 1401

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northern exposure

Quote from: IanFoxley on October 06, 2014, 03:35:14 PM

Genesis Mining 1 MH/s contract 0.00027539 BTC

Im following this contratc with genesis from you.

Im really interested on it ( even if you payments in last days grow down a bit ) and from what im reading this is a very nice chooise, i definitely will keep this company in mid the next time i have some "cash" to spend Wink

IanFoxley

legendary

Activity: 910

Merit: 1000

Day 22 comparison of payments with Genesis Mining and GAW Miners Hashlets.

http://youtu.be/r8wJZ-SjCmU

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00013853 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00017536 BTC

Genesis Mining 1 MH/s contract 0.00027539 BTC
GAW Waffle Hashlet 0.00014891 BTC
GAW Zen Hashlet 0.00040836 BTC

IanFoxley

legendary

Activity: 910

Merit: 1000

Day 21 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/KUJP12Xn6Yc

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00013619 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00015704 BTC

Genesis Mining 1 MH/s contract 0.00030739 BTC
GAW Waffle Hashlet 0.00013091 BTC
GAW Zen Hashlet 0.00041649 BTC

Ian

IanFoxley

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Quote from: Some1else0 on October 05, 2014, 04:17:46 PM

Quote from: IanFoxley on October 04, 2014, 05:02:31 PM

Video Comparison Day 20 is up now.
http://youtu.be/rNaNcFoZIpI

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00014590 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00016502 BTC

Genesis Mining 1 MH/s contract 0.00033375 BTC
GAW Waffle Hashlet 0.00009210 BTC
GAW Zen Hashlet 0.00040589 BTC

For the GAW miners, is that the payments you received including or excluding the power/maintenance fee?

That is after the fees have been removed.

Some1else0

member

Activity: 111

Merit: 10

Quote from: IanFoxley on October 04, 2014, 05:02:31 PM

Video Comparison Day 20 is up now.
http://youtu.be/rNaNcFoZIpI

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00014590 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00016502 BTC

Genesis Mining 1 MH/s contract 0.00033375 BTC
GAW Waffle Hashlet 0.00009210 BTC
GAW Zen Hashlet 0.00040589 BTC

For the GAW miners, is that the payments you received including or excluding the power/maintenance fee?

IanFoxley

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Activity: 910

Merit: 1000

Quote from: MacDuro on October 05, 2014, 02:00:38 PM

Quote from: IanFoxley on October 04, 2014, 05:02:31 PM

Video Comparison Day 20 is up now.
http://youtu.be/rNaNcFoZIpI

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00014590 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00016502 BTC

Genesis Mining 1 MH/s contract 0.00033375 BTC
GAW Waffle Hashlet 0.00009210 BTC
GAW Zen Hashlet 0.00040589 BTC

Today my payment has been finally lower , I was affected by a bug :

https://hashtalk.org/topic/9843/mid-sprint-bugs-enhancements

Withdraw/miner fee not properly deducted

Mystery solved , your payments are correct , mines where incorrect , too high due to a bug .

Thanks for letting me know.

MacDuro

full member

Activity: 140

Merit: 100

Quote from: IanFoxley on October 04, 2014, 05:02:31 PM

Video Comparison Day 20 is up now.
http://youtu.be/rNaNcFoZIpI

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00014590 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00016502 BTC

Genesis Mining 1 MH/s contract 0.00033375 BTC
GAW Waffle Hashlet 0.00009210 BTC
GAW Zen Hashlet 0.00040589 BTC

Today my payment has been finally lower , I was affected by a bug :

https://hashtalk.org/topic/9843/mid-sprint-bugs-enhancements

Withdraw/miner fee not properly deducted

Mystery solved , your payments are correct , mines where incorrect , too high due to a bug .

IanFoxley

legendary

Activity: 910

Merit: 1000

Video Comparison Day 20 is up now.
http://youtu.be/rNaNcFoZIpI

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00014590 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00016502 BTC

Genesis Mining 1 MH/s contract 0.00033375 BTC
GAW Waffle Hashlet 0.00009210 BTC
GAW Zen Hashlet 0.00040589 BTC

MacDuro

full member

Activity: 140

Merit: 100

Quote from: IanFoxley on October 04, 2014, 01:08:26 PM

Quote from: MacDuro on October 04, 2014, 11:49:44 AM

Quote from: IanFoxley on October 04, 2014, 05:30:29 AM

Day 19 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/bvQNaGEcILU

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00014181 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00015770 BTC

Genesis Mining 1 MH/s contract 0.00034812 BTC
GAW Zen Hashlet 0.00039809 BTC

My payments for my 10 Gh/s Genesis Hashlets : 0.00015293 to 0.00014626

Really strange that bad performance on your Genesis Haslet with 15 Gh/s , also it seems that your payment for your zenpool hashslet is really low , ¿are you getting the same amount for use zen pool on your Primes ? , mines ara doing about 0,0006 without use boost on zenpool.

Are you taking off the daily fee though, that is important or else one can always look better than the other. With GM the payment you get is always after the fee is removed.
With Zen you have to take the payout you get and then minus the service fee.

Here were my payouts for the Hashlets before I take off the service fees, they look much nicer then.

Genesis Hashlet 0.00021225
Waffle Hashlet 0.00034608
Zen Hashlet 0.00061625

Now those numbers looks better , I will continue posting here my payouts to compare , maybe I'm just lucky with my payouts those days .

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: MacDuro on October 04, 2014, 11:49:44 AM

Quote from: IanFoxley on October 04, 2014, 05:30:29 AM

Day 19 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/bvQNaGEcILU

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00014181 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00015770 BTC

Genesis Mining 1 MH/s contract 0.00034812 BTC
GAW Zen Hashlet 0.00039809 BTC

My payments for my 10 Gh/s Genesis Hashlets : 0.00015293 to 0.00014626

Really strange that bad performance on your Genesis Haslet with 15 Gh/s , also it seems that your payment for your zenpool hashslet is really low , ¿are you getting the same amount for use zen pool on your Primes ? , mines ara doing about 0,0006 without use boost on zenpool.

Are you taking off the daily fee though, that is important or else one can always look better than the other. With GM the payment you get is always after the fee is removed.
With Zen you have to take the payout you get and then minus the service fee.

Here were my payouts for the Hashlets before I take off the service fees, they look much nicer then.

Genesis Hashlet 0.00021225
Waffle Hashlet 0.00034608
Zen Hashlet 0.00061625

MacDuro

full member

Activity: 140

Merit: 100

Quote from: IanFoxley on October 04, 2014, 05:30:29 AM

Day 19 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/bvQNaGEcILU

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00014181 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00015770 BTC

Genesis Mining 1 MH/s contract 0.00034812 BTC
GAW Zen Hashlet 0.00039809 BTC

My payments for my 10 Gh/s Genesis Hashlets : 0.00015293 to 0.00014626

Really strange that bad performance on your Genesis Haslet with 15 Gh/s , also it seems that your payment for your zenpool hashslet is really low , ¿are you getting the same amount for use zen pool on your Primes ? , mines ara doing about 0,0006 without use boost on zenpool.

martinnew

full member

Activity: 153

Merit: 100

Quote from: IanFoxley on October 04, 2014, 05:30:29 AM

Day 19 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/bvQNaGEcILU

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00014181 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00015770 BTC

Genesis Mining 1 MH/s contract 0.00034812 BTC
GAW Waffle Hashlet 0.00012792 BTC
GAW Zen Hashlet 0.00039809 BTC

These kind of comparisons are useful in reviewing these sites and profitability of coins.

IanFoxley

legendary

Activity: 910

Merit: 1000

Day 19 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/bvQNaGEcILU

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00014181 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00015770 BTC

Genesis Mining 1 MH/s contract 0.00034812 BTC
GAW Waffle Hashlet 0.00012792 BTC
GAW Zen Hashlet 0.00039809 BTC

IanFoxley

legendary

Activity: 910

Merit: 1000

Nice article here.

https://www.cryptocoinsnews.com/genesis-mining-explaining-largest-scrypt-cloudmining-provider/

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: MacDuro on October 03, 2014, 11:41:23 AM

Quote from: IanFoxley on October 03, 2014, 12:20:18 AM

Quote from: MacDuro on October 02, 2014, 07:08:58 PM

Quote from: IanFoxley on October 02, 2014, 02:05:41 PM

Day 18 comparison
http://youtu.be/RM2WfXhHzEA

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00014711 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00017042 BTC

Genesis Mining 1 MH/s contract 0.00040086 BTC
GAW Waffle Hashlet 0.00014479 BTC
GAW Zen Hashlet 0.00045769 BTC

Hi Ian , I think that your boosted Genesis Hashlet payment is really low , I have received payments between 0.00014555 to 0.00013825 for each 10Gh/s Genesis Hashlet on my account today , your hashlet doesn't seems to be really running at 15Gh/s and a lot of GAW users are reporting low payments , since the price for the Genesis decreased it seems that also the average payments rates decreased too about 1000 sat . Also I think since they added the ability to Primes to use during 12h a second pool the average payout for Zeenpool has decreased about 6000 sats , but I'm not sure since I never used to look a lot to the zenpool average payout , maybe you can confirm that .

To be honest my Genesis Hashlet payouts have been quite low ever since day 1 and at 10 GH/s they did match up with whatever pool I was getting on the day.
The Zen Hashlet payments to me seem as normal as always. If you look at my figures, pause the video when I bring up the notepad and look down the list of the daily payouts, they are always in the mid 40s most of the time. Maintenance fees were quite large today as well, but even with that the Zen Hashlet payout was still pretty good in general.

Thanks for the comments though.

My Genesis Payments for today are between 0.00015011 to 0.00014303 for each 10 Gh/S Hashlest . The difference in payouts and the hashrate graphics makes me think that each haslesht is located on a different asic with different performances , somes just run better than others .

Yes I always wondered that myself when I had such a varied payout from my Primes.

MacDuro

full member

Activity: 140

Merit: 100

Quote from: IanFoxley on October 03, 2014, 12:20:18 AM

Quote from: MacDuro on October 02, 2014, 07:08:58 PM

Quote from: IanFoxley on October 02, 2014, 02:05:41 PM

Day 18 comparison
http://youtu.be/RM2WfXhHzEA

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00014711 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00017042 BTC

Genesis Mining 1 MH/s contract 0.00040086 BTC
GAW Waffle Hashlet 0.00014479 BTC
GAW Zen Hashlet 0.00045769 BTC

Hi Ian , I think that your boosted Genesis Hashlet payment is really low , I have received payments between 0.00014555 to 0.00013825 for each 10Gh/s Genesis Hashlet on my account today , your hashlet doesn't seems to be really running at 15Gh/s and a lot of GAW users are reporting low payments , since the price for the Genesis decreased it seems that also the average payments rates decreased too about 1000 sat . Also I think since they added the ability to Primes to use during 12h a second pool the average payout for Zeenpool has decreased about 6000 sats , but I'm not sure since I never used to look a lot to the zenpool average payout , maybe you can confirm that .

To be honest my Genesis Hashlet payouts have been quite low ever since day 1 and at 10 GH/s they did match up with whatever pool I was getting on the day.
The Zen Hashlet payments to me seem as normal as always. If you look at my figures, pause the video when I bring up the notepad and look down the list of the daily payouts, they are always in the mid 40s most of the time. Maintenance fees were quite large today as well, but even with that the Zen Hashlet payout was still pretty good in general.

Thanks for the comments though.

My Genesis Payments for today are between 0.00015011 to 0.00014303 for each 10 Gh/S Hashlest . The difference in payouts and the hashrate graphics makes me think that each haslesht is located on a different asic with different performances , somes just run better than others .

Topic: Genesis-Mining Review - page 31. (Read 126905 times)