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Topic: Genesis Mining vs GAW Mining, Spondoolies, Hashnest and Mining Sweden updates - page 21. (Read 57588 times)

sr. member
Activity: 285
Merit: 250
Ian in ur comparison, are you set to BTC (Auto) ?
full member
Activity: 137
Merit: 100
Hey guys im a little confused

Zenpools rate as per their site is : 0.00034102 BTC atm

How are your numbers showing the 1MH to be in the 0.0001 area, they cant be that off can they (zenpool) ?

My payouts always show what you get after the fees have been taken out.

The payout before the service fee on Zencloud was 0.00038110 for the Hashlet Zen.
The fee was 0.00020616

This is very important as the payouts from GM are after the fees are taken out and the comparison is then fair.

Thanks Smiley How was it back when Zenpool was in the 0.0006 range (it should be there again)
Was GM still close?

When I first started buying from Genesis and Gaw, Zenpool payouts were double Genesis payouts for scrypt. Still buying from Genesis because I didn't see how double could last and it didn't as recent numbers show but still buying hashlets too. Rootin for both companies!
legendary
Activity: 910
Merit: 1000
Hey guys im a little confused

Zenpools rate as per their site is : 0.00034102 BTC atm

How are your numbers showing the 1MH to be in the 0.0001 area, they cant be that off can they (zenpool) ?

My payouts always show what you get after the fees have been taken out.

The payout before the service fee on Zencloud was 0.00038110 for the Hashlet Zen.
The fee was 0.00020616

This is very important as the payouts from GM are after the fees are taken out and the comparison is then fair.

Thanks Smiley How was it back when Zenpool was in the 0.0006 range (it should be there again)
Was GM still close?

For the first few days in my comparison, GM 1 MH payouts were better but then after that it dropped lower and lower whilst the Zen pool stayed consistent. It was not that much for the first few weeks, just a few thousand satoshis different but then on Day 23 onwards the payouts dropped quite suddenly like all the other multipools. GM went down and down and it was only the last few days that GM has been better again. Now the Zenpool is basically at the same level as all the other multipools now after its more dramatic drop over the last few days.

These were the payouts 10 days ago for example

GM 1MH/s 0.00026559
Zen Hashlet 0.00041491
Waffle Hashlet 0.00012285

and 35 days ago

GM 1MH/s 0.00048002
Zen Hashlet 0.00047014
Waffle Hashlet 0.00010282

Waffle Hashlets payouts are up and down all the time.

Best payout for the waffle hashlet in all the days so far was on day 15 with 0.00048097

sr. member
Activity: 285
Merit: 250
Hey guys im a little confused

Zenpools rate as per their site is : 0.00034102 BTC atm

How are your numbers showing the 1MH to be in the 0.0001 area, they cant be that off can they (zenpool) ?

My payouts always show what you get after the fees have been taken out.

The payout before the service fee on Zencloud was 0.00038110 for the Hashlet Zen.
The fee was 0.00020616

This is very important as the payouts from GM are after the fees are taken out and the comparison is then fair.

Thanks Smiley How was it back when Zenpool was in the 0.0006 range (it should be there again)
Was GM still close?
legendary
Activity: 910
Merit: 1000
Hey guys im a little confused

Zenpools rate as per their site is : 0.00034102 BTC atm

How are your numbers showing the 1MH to be in the 0.0001 area, they cant be that off can they (zenpool) ?

My payouts always show what you get after the fees have been taken out.

The payout before the service fee on Zencloud was 0.00038110 for the Hashlet Zen.
The fee was 0.00020616

This is very important as the payouts from GM are after the fees are taken out and the comparison is then fair.
newbie
Activity: 17
Merit: 0
Hey guys im a little confused

Zenpools rate as per their site is : 0.00034102 BTC atm

How are your numbers showing the 1MH to be in the 0.0001 area, they cant be that off can they (zenpool) ?

That 0.00034102 is the payment you would have gotten if you didnt pay any fees.
At Zenminers it's 0,08$ in maintence fee each day per MH/s, Genesis-Mining have lowered their fees to 0,05$ / MH/s.
sr. member
Activity: 285
Merit: 250
Hey guys im a little confused

Zenpools rate as per their site is : 0.00034102 BTC atm

How are your numbers showing the 1MH to be in the 0.0001 area, they cant be that off can they (zenpool) ?
legendary
Activity: 910
Merit: 1000
Genesis mining 12 MH/s scrypt
10/19  0.00231699
10/20  0.00280542
10/21  0.00218875  Averages .00020309 per 1 MH/s


Gaw Zenpool 9 Zen hashlets + 1 Prime hashlet = 10 MH/s scrypt
I add a 2nd pool (CleverMining) to the prime every day. Kind of a pain to have to do this daily.
10/19  0.00171543
10/20  0.00196323
10/21  0.00177965  Averages .00018194 per 1 MH/s


Genesis Mining Averages .00020309 per 1 MH/s
Gaw Zenpool   Averages .00018194 per 1 MH/s

Looks like genesis-mining is taking the lead.

In the race to ROI, Genesis Mining has been in the lead ever since I started my videos.
If you watch my days 1-28 ROI video, it was in front, with the Zen Hashlet catching it up, but due to the Zen Pool payouts being around the same or lower since Day 28, then that means that the GM 1 MH/s contract has still a good chance of getting past the post first.
full member
Activity: 137
Merit: 100
Genesis mining 12 MH/s scrypt
10/19  0.00231699
10/20  0.00280542
10/21  0.00218875  Averages .00020309 per 1 MH/s


Gaw Zenpool 9 Zen hashlets + 1 Prime hashlet = 10 MH/s scrypt
I add a 2nd pool (CleverMining) to the prime every day. Kind of a pain to have to do this daily.
10/19  0.00171543
10/20  0.00196323
10/21  0.00177965  Averages .00018194 per 1 MH/s


Genesis Mining Averages .00020309 per 1 MH/s
Gaw Zenpool   Averages .00018194 per 1 MH/s

Looks like genesis-mining is taking the lead.


legendary
Activity: 910
Merit: 1000
Day 37 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/MLsi8Q7_Dik

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00011216 BTC
Gaw Miners Genesis Hashlet 15 GH/s  0.00013628 BTC

Genesis Mining 1 MH/s contract    0.00018240 BTC
GAW Waffle Hashlet                   0.00009407 BTC
GAW Zen Hashlet                         0.00017494 BTC
legendary
Activity: 910
Merit: 1000
Day 36 comparison of payments with Genesis Mining and GAW Miners Hashlets.

Payments were as follows:
http://youtu.be/--xm6Xidt_w

Genesis Mining 10 GH/s contract 0.00011758 BTC
Gaw Miners Genesis Hashlet 15 GH/s  0.00012120 BTC

Genesis Mining 1 MH/s contract    0.00023378 BTC
GAW Waffle Hashlet                   0.00012797 BTC
GAW Zen Hashlet                         0.00018018 BTC
 
legendary
Activity: 910
Merit: 1000
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
legendary
Activity: 910
Merit: 1000
I'm still going to diversify by splitting my purchase of hash power between gaw and genesis. Gaw's zen hashlets are definitely outperforming Genesis but I've seen to many company stocks crash for a variety of reasons. Can't put all my eggs in 1 basket. I'm starting to put more into gaw because they're earning it. Haven't decided what percentage with who yet.

Anybody have any thoughts on this?
Also, does anybody know any others selling hashpower that have been around awhile and have a good reputation?

I am doing the same like you do between GM and GAW, by the way the ZenHashlet is loosing performance as well right now.
I tried also ZeusHash and Hashie.co, but need some time to find out how good they are performing compared to GM / GAW.

The Zen Hashlet payout was actually lower than GM's payout today.

GM 0.00019308

Zen Hashlet 0.00018660

Waffle Hashlet 0.00015061

Another question, am doing another video soon, but just wondered if anyone who has Hashlets can look to see if their maintenance fees are different, especially between hashlets.

My waffle hashlet fee and my zen hashlet fee are different, the Zen Hashlet fee is slightly lower than the Waffle Hashlets. Anyone else seeing that too?

Thanks

Ian
full member
Activity: 210
Merit: 100
I'm still going to diversify by splitting my purchase of hash power between gaw and genesis. Gaw's zen hashlets are definitely outperforming Genesis but I've seen to many company stocks crash for a variety of reasons. Can't put all my eggs in 1 basket. I'm starting to put more into gaw because they're earning it. Haven't decided what percentage with who yet.

Anybody have any thoughts on this?
Also, does anybody know any others selling hashpower that have been around awhile and have a good reputation?

I am doing the same like you do between GM and GAW, by the way the ZenHashlet is loosing performance as well right now.
I tried also ZeusHash and Hashie.co, but need some time to find out how good they are performing compared to GM / GAW.
full member
Activity: 137
Merit: 100
I'm still going to diversify by splitting my purchase of hash power between gaw and genesis. Gaw's zen hashlets are definitely outperforming Genesis but I've seen to many company stocks crash for a variety of reasons. Can't put all my eggs in 1 basket. I'm starting to put more into gaw because they're earning it. Haven't decided what percentage with who yet.

Anybody have any thoughts on this?
Also, does anybody know any others selling hashpower that have been around awhile and have a good reputation?
newbie
Activity: 47
Merit: 0
The choice is hard but I think I will go with GAW.
legendary
Activity: 910
Merit: 1000
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
legendary
Activity: 910
Merit: 1000
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
full member
Activity: 196
Merit: 100
Just curious...

What happens when I decide that I no longer want to own the hashing power? Is it possible to sell or trade off these contracts on Genesis Mining?
I would hate to think that I could put thousands and thousands of dollars into something like this and never see it again. I do understand that these are lifetime contracts, but eventually the difficulty will render these shares useless. So if I don't continue to pump money into buying more hash power, eventually the returns will just shrink to near zero and I will never see that money again.

If I remember correctly I have read that you can cancel the contracts if you get less than the service fee for 20 days in a row, something like that anyway.

Ian

Oh ok, thank you!
legendary
Activity: 910
Merit: 1000
Just curious...

What happens when I decide that I no longer want to own the hashing power? Is it possible to sell or trade off these contracts on Genesis Mining?
I would hate to think that I could put thousands and thousands of dollars into something like this and never see it again. I do understand that these are lifetime contracts, but eventually the difficulty will render these shares useless. So if I don't continue to pump money into buying more hash power, eventually the returns will just shrink to near zero and I will never see that money again.

If I remember correctly I have read that you can cancel the contracts if you get less than the service fee for 20 days in a row, something like that anyway.

Ian
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