Genesis-mining.com || World's first large scale multi-algo cloudmining company - page 4.

Daniel007

full member

Activity: 122

Merit: 100

Quote from: IanFoxley on August 24, 2014, 02:47:59 AM

Quote from: Daniel007 on August 24, 2014, 02:17:50 AM

Its a good news for all of us who is mining with Genesis. You have mention that "we will offer special promo codes for the mining community". Last time i have found that there was 3% discount on promo code. What about this time?

Hi Daniel.

I think like they do with Scrypt, GM will sometimes do promotions so that you can get a discount using a code which will be a unique code that will last for a select number of weeks.
For those of us that have referral codes with the 3% etc, then they will also work with BTC contracts so if anyone used my code for example, they would get a discount etc
Mike had asked a similar question on the GM thread in Alternative Currencies, and GM replied to him regarding that.

Hope that helps a little bit.

Found it helpful.

MichaelNZ

full member

Activity: 206

Merit: 100

You will be directly competing with CEX and PB Mining in SHA-256.

As you probably know CEX are lifetime contracts ... their fees are ridiculous and they are not very reliable ... I ditched them

PB's contracts are currently 5 year duration and cost 0.0027BTC per G/hash ... I have been buying them lately and the payout figure is holding well. They don't have a reinvest facility though which is a bit of a pain, but not the end of the world.

If G-M can compete on pricing and contract length then I'll look favorably at buying hash power.

***UPDATE***

Since I wrote this PB hash prices have increased to 0.0033BTC per G/hash ... I held off buying at the earlier price in anticipation of G-M launching and announcing their own price structure ...

I'm still waiting !

When will you launch ?

Genesis-Mining

sr. member

Activity: 430

Merit: 250

Quote from: vaisajne on August 24, 2014, 06:51:05 AM

This is a huge announcement. The price that GM is offering is really competitive. Better than the established players like CloudHashing.com. I would definitely be interested. Please send me a PM with promo code.

Few suggestions though,

1) Why not add a revenue reinvestment program?
2) Extend the contract period ?

Another query, if some one uses my promo code that offers 3% to buy SHA contract the cut that i get will be added to scrypt mining or sha mining?

Hey vaisajne,

1) This is definitely something we plan to offer soon.
2) Already done! You will be able to choose the lenght of the contract. Wait until you see the new interface Wink

Your bonus will be added to scrypt for scrypt contracts and to SHA for SHA contracts.

Hope this helps! Wink

vaisajne

full member

Activity: 224

Merit: 100

This is a huge announcement. The price that GM is offering is really competitive. Better than the established players like CloudHashing.com. I would definitely be interested. Please send me a PM with promo code.

Few suggestions though,

1) Why not add a revenue reinvestment program?
2) Extend the contract period ?

Another query, if some one uses my promo code that offers 3% to buy SHA contract the cut that i get will be added to scrypt mining or sha mining?

Genesis-Mining

sr. member

Activity: 430

Merit: 250

Quote from: learning on August 23, 2014, 07:34:57 PM

Do you help new miners get up to speed with how everything works?

On the hardware site we will do everything for you so that you will basically just sit in front of your computer and control your hashpower over the new interface. We are sure it will be very easy to understand and to control.
If there are additional questions you can always read it up in our comprehensive faq (https://www.genesis-mining.com/faq) under the technical section or just contact us at [email protected].
We are always there to help you!

monim1

full member

Activity: 155

Merit: 100

Quote from: Genesis-Mining on August 23, 2014, 05:39:06 PM

Quote from: alesx.onfire on August 23, 2014, 04:56:05 PM

No maintenance fee, electricity fee with this?...

Everything included - no hidden fees!

That's good.

alesx.onfire

hero member

Activity: 966

Merit: 1000

It's Not Enough

self-moderated topic
Roll Eyes

MichaelNZ

full member

Activity: 206

Merit: 100

I have to admit to being rather disappointed with the downturn in performance of my G-M scrypt contracts over recent weeks ... big reduction in payouts ...
Maybe the addition of SHA-256 and X.11 might rejuvenate things ... I'll give it a go.

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: Daniel007 on August 24, 2014, 02:17:50 AM

Its a good news for all of us who is mining with Genesis. You have mention that "we will offer special promo codes for the mining community". Last time i have found that there was 3% discount on promo code. What about this time?

Hi Daniel.

I think like they do with Scrypt, GM will sometimes do promotions so that you can get a discount using a code which will be a unique code that will last for a select number of weeks.
For those of us that have referral codes with the 3% etc, then they will also work with BTC contracts so if anyone used my code for example, they would get a discount etc
Mike had asked a similar question on the GM thread in Alternative Currencies, and GM replied to him regarding that.

Hope that helps a little bit.

Daniel007

full member

Activity: 122

Merit: 100

Its a good news for all of us who is mining with Genesis. You have mention that "we will offer special promo codes for the mining community". Last time i have found that there was 3% discount on promo code. What about this time?

BMPenguin

newbie

Activity: 1

Merit: 0

Yeah I'd be interested.

learning

newbie

Activity: 5

Merit: 0

Do you help new miners get up to speed with how everything works?

codenameblue

newbie

Activity: 3

Merit: 0

Prices - not bad. How much hash power are you thinking of bringing online in the next few months?

wakhidNkcom

hero member

Activity: 539

Merit: 500

Nkcom Collection Shop

Woooohoo

I'm on the boat! Count me in

Roll Eyes

Genesis-Mining

sr. member

Activity: 430

Merit: 250

Quote from: alesx.onfire on August 23, 2014, 04:56:05 PM

No maintenance fee, electricity fee with this?...

Everything included - no hidden fees!

alesx.onfire

hero member

Activity: 966

Merit: 1000

It's Not Enough

No maintenance fee, electricity fee with this?...
The diff is increasing (like 20%) every 10-days.

so? Huh

elrugrim

sr. member

Activity: 686

Merit: 251

Curious in learning more

Mike18feb

hero member

Activity: 657

Merit: 500

MΣC

Interested...

JohnDorien

sr. member

Activity: 462

Merit: 250

Definitely interesting.. need to calculate though but at first glance at least way better prices than cloudhashing & co

Genesis-Mining

sr. member

Activity: 430

Merit: 250

Dear Miners,

Genesis Mining is a major player in the altcoin space and we are well-known for our great service, and transparency -- we show our faces and we show our miners!¹
With the addition of sha256 (and X11 soon!) mining contracts we expand to be the first large scale multi-algo cloud mining company in the world!

Bitcoin Mining Contracts
Our prices for sha256 lifetime hashpower contracts are:

Gold : 10 Gh/s - 9.99 USD (9.99 cents per Gh/s)
Platinum: 1000 Gh/s - 989 USD (9.89 cents per Gh/s)
Diamond : 10,000 Gh/s - 9790 USD ([\b]9.79 cents per Gh/s[\b])

For larger type of contracts please contact us: [email protected]

We will also launch our new re-designed interface (which allows you to manage sha, scrypt and X11 contracts):

See our scrypt hosting main thread here: https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022

Happy Mining,
The Genesis Mining Team

¹ http://cointelegraph.com/news/112329/gavin-andresens-fractional-reserve-mining-cloud-miners-respond

Topic: Genesis-mining.com || World's first large scale multi-algo cloudmining company - page 4. (Read 8354 times)