Genesis Mining vs GAW Mining, Spondoolies, Hashnest and Mining Sweden updates - page 8.

IanFoxley

legendary

Activity: 910

Merit: 1000

Also...

Once Bitmain starts selling S7 Hashpower contracts, around October 10th I believe, will purchase 50GH/s so you can all keep track and compare payouts with this new hardware.

Thanks

Ian

IanFoxley

legendary

Activity: 910

Merit: 1000

Mining Sweden News.

Had an update from them in the mail today.

They are starting to sell Antminer S7 VIP shares in their webshop. They will not start functioning for another month or so though as they have to wait for the miners to be delivered obviously

So if you want to take a peek, go to their website at www.miningsweden.se

Will most likely do a video for Youtube too in the coming days, so will post link if I do.

Ian

IanFoxley

legendary

Activity: 910

Merit: 1000

Payout info for Mining Day 01.10.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed
Have added GM X11 BTC payouts as well. BTC (AUTO) works by mining profitable X11 coins and having the payout exchange to BTC and then paid out as BTC. Payout is per 1MH/s.

Was a difficulty change between this payout and the last payout so this will affect most payouts below.

Genesis Mining 50 GH/s @ 0.0015 USD per GH/s 0.00009486 BTC

Genesis Mining 50 GH/s @ 0.0012 USD per GH/s 0.00015812 BTC

Spondoolies 50 GH/s @ 0.0019 USD per GH/s 0.00005269 BTC

Genesis Mining 1 MH/s X11 BTC (AUTO) 0.00029132 BTC

Hashnest

Payouts based on 24 blocks found.

Hashnest S3 50 GH/s @ 0.00192 USD per GH/s - 0.00004433 BTC PLNS Minus Payout Day 1

Hashnest S4 50 GH/s @ 0.001625 USD per GH/s 0.00001820 BTC PLNS

Hashnest S5 50 GH/s @ $0.001175 USD per GH/s 0.00011031 BTC PLNS

GM X11 1 MH/s

Startcoin 3.37457533 START

Dash 0.02933941 DRK

speedt_ouch

member

Activity: 85

Merit: 10

Quote from: IanFoxley on September 30, 2015, 08:31:00 AM

Genesis Mining added X11 contracts today so now users can mine Dash and Start coin which are both X11 coins natively.

There is also a BTC (AUTO) option so this means that if you allocate hashpower to this, then they take the most profitable coin which can be either Dash or Start depending on which is more profitable during the day I would guess and then at payout time they trade your Dash or Start coin payout to BTC and pay out as Bitcoin.

This seems quite interesting so have purchased 1 MH/s X11 and set it to BTC (AUTO) to compare the payouts.

The price of 1 MH/s is almost 24 USD which is slightly more expensive than 50 GH/s SHA 256.

The difference is also that X11 contracts are 1 year only but do not include any maintenance fees so there is no extra coming from your payout each day.

So I will add these to the payouts from tomorrow and it will be interesting to see if purchasing X11 will be more profitable than buying SHA 256 hashpower.

I have also purchased 2 other contracts and allocated 1 MH/s each to Start and 1 MH/s to Dash, so I can list those payouts too if you like.

Give me feedback!

Thanks

Ian

Thanks.
Ill be looking at your thread to check the results

POM

sr. member

Activity: 547

Merit: 254

Waiting for your first X11 payout before I commit on these MH/s. They've been hyping this up for a while now, I'm excited to see how they pay out. Grin

IanFoxley

legendary

Activity: 910

Merit: 1000

Payout info for Mining Day 30.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s @ 0.0015 USD per GH/s 0.00010299 BTC

Genesis Mining 50 GH/s @ 0.0012 USD per GH/s 0.00016647 BTC

Spondoolies 50 GH/s @ 0.0019 USD per GH/s 0.00006068 BTC

Hashnest

Payouts based on 25 blocks found.

Hashnest S3 50 GH/s @ 0.00192 USD per GH/s 0.00000894 BTC PLNS

Hashnest S4 50 GH/s @ 0.001625 USD per GH/s 0.00006615 BTC PLNS

Hashnest S5 50 GH/s @ $0.001175 USD per GH/s 0.00015342 BTC PLNS

IanFoxley

legendary

Activity: 910

Merit: 1000

Genesis Mining added X11 contracts today so now users can mine Dash and Start coin which are both X11 coins natively.

There is also a BTC (AUTO) option so this means that if you allocate hashpower to this, then they take the most profitable coin which can be either Dash or Start depending on which is more profitable during the day I would guess and then at payout time they trade your Dash or Start coin payout to BTC and pay out as Bitcoin.

This seems quite interesting so have purchased 1 MH/s X11 and set it to BTC (AUTO) to compare the payouts.

The price of 1 MH/s is almost 24 USD which is slightly more expensive than 50 GH/s SHA 256.

The difference is also that X11 contracts are 1 year only but do not include any maintenance fees so there is no extra coming from your payout each day.

So I will add these to the payouts from tomorrow and it will be interesting to see if purchasing X11 will be more profitable than buying SHA 256 hashpower.

I have also purchased 2 other contracts and allocated 1 MH/s each to Start and 1 MH/s to Dash, so I can list those payouts too if you like.

Give me feedback!

Thanks

Ian

IanFoxley

legendary

Activity: 910

Merit: 1000

Payout info for Mining Day 29.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s @ 0.0015 USD per GH/s 0.00010482 BTC

Genesis Mining 50 GH/s @ 0.0012 USD per GH/s 0.00016795 BTC

Spondoolies 50 GH/s @ 0.0019 USD per GH/s 0.00006274 BTC

Hashnest

Payouts based on 31 blocks found.

Hashnest S3 50 GH/s @ 0.00192 USD per GH/s 0.00007942 BTC PLNS

Hashnest S4 50 GH/s @ 0.001625 USD per GH/s 0.00014216 BTC PLNS

Hashnest S5 50 GH/s @ $0.001175 USD per GH/s 0.00023790 BTC PLNS

IanFoxley

legendary

Activity: 910

Merit: 1000

Payout info for Mining Day 28.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s @ 0.0015 USD per GH/s 0.00010429 BTC

Genesis Mining 50 GH/s @ 0.0012 USD per GH/s 0.00016739 BTC

Spondoolies 50 GH/s @ 0.0019 USD per GH/s 0.00006216 BTC

Hashnest

Payouts based on 21 blocks found.

Hashnest S3 50 GH/s @ 0.00192 USD per GH/s -0.00004124 BTC PLNS Minus Payout day 1

Hashnest S4 50 GH/s @ 0.001625 USD per GH/s 0.00001751 BTC PLNS

Hashnest S5 50 GH/s @ $0.001175 USD per GH/s 0.00010716 BTC PLNS

IanFoxley

legendary

Activity: 910

Merit: 1000

Payout info for Mining Day 27.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s @ 0.0015 USD per GH/s 0.00009752 BTC

Genesis Mining 50 GH/s @ 0.0012 USD per GH/s 0.00016202 BTC

Spondoolies 50 GH/s @ 0.0019 USD per GH/s 0.00005452 BTC

Hashnest

Payouts based on 31 blocks found.

Hashnest S3 50 GH/s @ 0.00192 USD per GH/s 0.00004556 BTC PLNS

Hashnest S4 50 GH/s @ 0.001625 USD per GH/s 0.00011613 BTC PLNS

Hashnest S5 50 GH/s @ $0.001175 USD per GH/s 0.00022390 BTC PLNS

IanFoxley

legendary

Activity: 910

Merit: 1000

Payout info for Mining Day 26.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s @ 0.0015 USD per GH/s 0.00010060 BTC

Genesis Mining 50 GH/s @ 0.0012 USD per GH/s 0.00016461 BTC

Spondoolies 50 GH/s @ 0.0019 USD per GH/s 0.00005793 BTC

Hashnest

Payouts based on 18 blocks found.

Hashnest S3 50 GH/s @ 0.00192 USD per GH/s -0.00009642 BTC PLNS Minus Payout day 1

Hashnest S4 50 GH/s @ 0.001625 USD per GH/s -0.00003649 BTC PLNS Minus Payout day 1

Hashnest S5 50 GH/s @ $0.001175 USD per GH/s 0.00005492 BTC PLNS

IanFoxley

legendary

Activity: 910

Merit: 1000

Payout info for Mining Day 25.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s @ 0.0015 USD per GH/s 0.00010093 BTC

Genesis Mining 50 GH/s @ 0.0012 USD per GH/s 0.00016471 BTC

Spondoolies 50 GH/s @ 0.0019 USD per GH/s 0.00005842 BTC

Hashnest

Payouts based on 26 blocks found.

Hashnest S3 50 GH/s @ 0.00192 USD per GH/s 0.00002982 BTC PLNS

Hashnest S4 50 GH/s @ 0.001625 USD per GH/s 0.00008879 BTC PLNS

Hashnest S5 50 GH/s @ $0.001175 USD per GH/s 0.00017870 BTC PLNS

IanFoxley

legendary

Activity: 910

Merit: 1000

Payout info for Mining Day 24.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s @ 0.0015 USD per GH/s 0.00009802 BTC

Genesis Mining 50 GH/s @ 0.0012 USD per GH/s 0.00016275 BTC

Spondoolies 50 GH/s @ 0.0019 USD per GH/s 0.00005113 BTC

Hashnest

Payouts based on 34 blocks found.

Hashnest S3 50 GH/s @ 0.00192 USD per GH/s 0.00011789 BTC PLNS

Hashnest S4 50 GH/s @ 0.001625 USD per GH/s 0.00018304 BTC PLNS

Hashnest S5 50 GH/s @ $0.001175 USD per GH/s 0.00028229 BTC PLNS

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: Vilkates on September 24, 2015, 04:19:41 AM

Quote from: IanFoxley on September 24, 2015, 04:10:12 AM

Quote from: Vilkates on September 24, 2015, 03:14:50 AM

Hi,

I invest to Genesis mining, get 0.05TH/s
but calculator https://alloscomp.com/bitcoin/calculator calculates both per Day 0.00042378 BTC $0.10
but from Genesis,
I got coins per week only this 0.00042378 BTC $0.10. What is worng? Calculator or Genesis mining?

When did you invest?
I ask this because depending on how long ago then the maintenance fees are different.
Are you removing the maintenance fee from your calculations?
If you look at my payouts these are after the maintenance fees are removed and i have also listed the maintenance fee on each line of payout.

0.0015 USD per GH/s or 0.0012 USD per GH/s as examples.

Ian

invest 10 days ago.
No i did not remove maintenance fee from calculator

Well thats what you need to do. The fee will be 7.5 cents as 0.0015 x 50 = 0.075 so remove 7.5 cents from 10 cents and you are left with 2.5 cents. So 2.5 cents worth of BTC is what your payout is roughly going to be.

I can see you updated your post and as you can see the amount you got was exactly the same as mine, after fees. 0.00009459 BTC

Vilkates

member

Activity: 109

Merit: 10

Selling Bitcoin project: Decicoin.com

Quote from: IanFoxley on September 24, 2015, 04:10:12 AM

Quote from: Vilkates on September 24, 2015, 03:14:50 AM

Hi,

I invest to Genesis mining, get 0.05TH/s
but calculator https://alloscomp.com/bitcoin/calculator calculates both per Day 0.00042378 BTC $0.10
but from Genesis,
I got coins per week only this 0.00042378 BTC $0.10. What is worng? Calculator or Genesis mining?

When did you invest?
I ask this because depending on how long ago then the maintenance fees are different.
Are you removing the maintenance fee from your calculations?
If you look at my payouts these are after the maintenance fees are removed and i have also listed the maintenance fee on each line of payout.

0.0015 USD per GH/s or 0.0012 USD per GH/s as examples.

Ian

invest 10 days ago.
No i did not remove maintenance fee from calculator

today i got:
Dear Customer,

Please be informed that the forexmokymai to Mistertango bill received 0.00009459 BTC. (this is from Genesis mining)

IanFoxley

legendary

Activity: 910

Merit: 1000

Payout info for Mining Day 23.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s @ 0.0015 USD per GH/s 0.00009459 BTC

Genesis Mining 50 GH/s @ 0.0012 USD per GH/s 0.00015978 BTC

Spondoolies 50 GH/s @ 0.0019 USD per GH/s 0.00005113 BTC

Hashnest

Payouts based on 25 blocks found.

Hashnest S3 50 GH/s @ 0.00192 USD per GH/s - 0.00003013 BTC PLNS Minus payout day 1

Hashnest S4 50 GH/s @ 0.001625 USD per GH/s 0.00003705 BTC PLNS

Hashnest S5 50 GH/s @ $0.001175 USD per GH/s 0.00013948 BTC PLNS

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: Vilkates on September 24, 2015, 03:14:50 AM

Hi,

I invest to Genesis mining, get 0.05TH/s
but calculator https://alloscomp.com/bitcoin/calculator calculates both per Day 0.00042378 BTC $0.10
but from Genesis,
I got coins per week only this 0.00042378 BTC $0.10. What is worng? Calculator or Genesis mining?

When did you invest?
I ask this because depending on how long ago then the maintenance fees are different.
Are you removing the maintenance fee from your calculations?
If you look at my payouts these are after the maintenance fees are removed and i have also listed the maintenance fee on each line of payout.

0.0015 USD per GH/s or 0.0012 USD per GH/s as examples.

Ian

Vilkates

member

Activity: 109

Merit: 10

Selling Bitcoin project: Decicoin.com

Hi,

I invest to Genesis mining, get 0.05TH/s
but calculator https://alloscomp.com/bitcoin/calculator calculates both per Day 0.00042378 BTC $0.10
but from Genesis,
I got coins per week only this 0.00042378 BTC $0.10. What is worng? Calculator or Genesis mining?

IanFoxley

legendary

Activity: 910

Merit: 1000

Payout info for Mining Day 22.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s @ 0.0015 USD per GH/s 0.00009073 BTC

Genesis Mining 50 GH/s @ 0.0012 USD per GH/s 0.00015644 BTC

Spondoolies 50 GH/s @ 0.0019 USD per GH/s 0.00004692 BTC

Hashnest

Payouts based on 24 blocks found.

Hashnest S3 50 GH/s @ 0.00192 USD per GH/s 0.00001999 BTC PLNS

Hashnest S4 50 GH/s @ 0.001625 USD per GH/s 0.00008061 BTC PLNS

Hashnest S5 50 GH/s @ $0.001175 USD per GH/s 0.00017312 BTC PLNS

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: speedt_ouch on September 22, 2015, 12:57:15 PM

Quote from: IanFoxley on September 22, 2015, 01:25:04 AM

Payout info for Mining Day 21.09.2015. All payouts listed are for 50GH/s and are after the maintenance fees have been removed

Genesis Mining 50 GH/s @ 0.0015 USD per GH/s 0.00007531 BTC

Genesis Mining 50 GH/s @ 0.0012 USD per GH/s 0.00014501 BTC

Spondoolies 50 GH/s @ 0.0019 USD per GH/s 0.00001563 BTC

Hashnest

Payouts based on 8 blocks found.

Hashnest S3 50 GH/s @ 0.00192 USD per GH/s - 0.00026838 BTC PLNS Minus Payout today 2nd day in row

Hashnest S4 50 GH/s @ 0.001625 USD per GH/s - 0.00020373 BTC PLNS Minus Payout day 1

Hashnest S5 50 GH/s @ $0.001175 USD per GH/s - 0.00010509 BTC PLNS Minus Payout day 1

Hi,
Still getting lower by the day.

My payout per GH/s was 0,000001506 just like yours.

Great! Well at least you know everyone is getting the same kind of payout per GH/s at each relevant maintenance fee level.

Topic: Genesis Mining vs GAW Mining, Spondoolies, Hashnest and Mining Sweden updates - page 8. (Read 57588 times)