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Topic: Genesis-mining.com || World's leading hashpower provider! - page 105. (Read 400197 times)

newbie
Activity: 42
Merit: 0
Rows and rows of mining equipment that can be converted to a different mining protocol by a flick of switch.

Even multi mining pools have allowed users to do this for years now.

And you give me .05 cents back in return for the money I gave you which keeps decreasing ever day?

Thanks allot Genesis Mining Scammers!

 

newbie
Activity: 42
Merit: 0
Funny that how credit card payments are not supported by Genesis Mining?

Because if they did process payments legitimately you might be able to get the money they have stolen from people back from the credit card companies!
hero member
Activity: 821
Merit: 503
So.. question whats up with offering credit card as a payment option, but when it comes time to pay its not showing up on the list of options to pay. only btc/alt coins/wire payments, last time i checked cc is not a wire payment..

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newbie
Activity: 42
Merit: 0
Genesis mining is a scam there is no return on your investment.

This company and their directors are full of bullshit.
hero member
Activity: 650
Merit: 500
Still very expensive service compared to others.

I keep asking the same question to Genesis Mining customers for some time and I still have not received a proper answer:

Is there anyone here who has reached ROI so far and can verify this? ANYONE?

Getting Close 2 Months or something like that will post an update when i reached it.
legendary
Activity: 910
Merit: 1000
Still very expensive service compared to others.

I keep asking the same question to Genesis Mining customers for some time and I still have not received a proper answer:

Is there anyone here who has reached ROI so far and can verify this? ANYONE?

Well if anyone has been mining Litecoin, I am sure they must have Smiley

There are still people on the 1 year Scrypt contracts which might expire in August or September so if they have it set to Ltc or have done for a while they will be doing quite well i can imagine. They might not be posting here but I am sure if they could, they would tell you that they have made ROI, especially as litecoin has been going up in value alot recently.

legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
Still very expensive service compared to others.

I keep asking the same question to Genesis Mining customers for some time and I still have not received a proper answer:

Is there anyone here who has reached ROI so far and can verify this? ANYONE?
legendary
Activity: 1890
Merit: 1031
This is a screenshot from my Genesis Mining Account.

I have  a total of 4 TerraHash.

You're paid from the same GM hot wallet as I am, so 4 TH is not yet enough to qualify as a major GM customer... and it did not reveal any more hash power.

Spondoolies customers probably get paid to a different wallet too as different fee structure.
Check also the zeta coin explorer and lottocoin explorer
legendary
Activity: 1100
Merit: 1032
...and it did not reveal any more hash power.

This hot wallet sees an influx of at least 40-50 BTC every day, if all of it was newly mined blocks, out of 3600 BTC mined per days, that would be 1-2% of all newly mined BTC, which would require about 4 PH/s of mining power (someone else check the figures!)

However not all of that influx is from mining, a fair share is from exchanges, with two way transfers which muddy things a bit (would need more time to figure out the exact flow).

Is the above a ballpark figure for GM? Or should it be higher?

(by comparison KnCMiner hot wallet was seeing an influx of 200-250 BTC per day in early 2015)



legendary
Activity: 910
Merit: 1000
This is a screenshot from my Genesis Mining Account.

I have  a total of 4 TerraHash.

You're paid from the same GM hot wallet as I am, so 4 TH is not yet enough to qualify as a major GM customer... and it did not reveal any more hash power.

Spondoolies customers probably get paid to a different wallet too as different fee structure.
legendary
Activity: 1100
Merit: 1032
This is a screenshot from my Genesis Mining Account.

I have  a total of 4 TerraHash.

You're paid from the same GM hot wallet as I am, so 4 TH is not yet enough to qualify as a major GM customer... and it did not reveal any more hash power.
legendary
Activity: 910
Merit: 1000
Dear Genesis Mining Community.

In one of the last posts that Marco wrote here, he mentioned a new Genesis Mining tool for large-scale miners called Genesis Hive.

Coindesk have written an article about it.

http://www.coindesk.com/genesis-mining-bitcoin-efficiency/

The website is here http://genesis-hive.com/

Your Genesis Mining Team
This seems a great tool!
Will look in to this tomorrow

I think the tool is for people interested at hosting lots of miners together in a farm.. Do not think it is really catered for a home miner from what I can see.

Ian
legendary
Activity: 910
Merit: 1000
Just out of curiosity. Is known how much Scrypt Hashrate Genesis has total?

As far as I know it will just be the users on the 1 year Scrypt contracts from last year that will be using Scrypt. Although I believe if I remember, they did offer 1.5 and 2 year contracts just before they changed to lifetime so there might be some users on those too.

I dont think the scrypt hashrate will be too high now though... I for example still have 8MH/s scrypt but that is slowly going down as my 1 year contracts finish so by September I wont have any Scrypt at all.

Ian
legendary
Activity: 1890
Merit: 1031
Hello All,

This is a screenshot from my Genesis Mining Account.

I have  a total of 4 TerraHash.
You can see I am mining 95% Bitcoin and 5% Zeta coin.
Also some lottocoins (see payouts)

I thought it would be interresting  Smiley



(If you investigates the wallet addresses you can see this are real mined coins).





sr. member
Activity: 420
Merit: 500
Just out of curiosity. Is known how much Scrypt Hashrate Genesis has total?
legendary
Activity: 1890
Merit: 1031
Dear Genesis Mining Community.

In one of the last posts that Marco wrote here, he mentioned a new Genesis Mining tool for large-scale miners called Genesis Hive.

Coindesk have written an article about it.

http://www.coindesk.com/genesis-mining-bitcoin-efficiency/

The website is here http://genesis-hive.com/

Your Genesis Mining Team
This seems a great tool!
Will look in to this tomorrow
sr. member
Activity: 430
Merit: 250
Dear Genesis Mining Community.

In one of the last posts that Marco wrote here, he mentioned a new Genesis Mining tool for large-scale miners called Genesis Hive.

Coindesk have written an article about it.

http://www.coindesk.com/genesis-mining-bitcoin-efficiency/

The website is here http://genesis-hive.com/

Your Genesis Mining Team
sr. member
Activity: 430
Merit: 250
Dear Genesis Mining Community.

We recently did a poll about block sizes which some of our users contributed to and the link below is an article with the thoughts
of the block size debate from our perspective and some other thoughts of Marco Streng, CEO of Genesis Mining.

https://www.cryptocoinsnews.com/please-raise-block-size-bitcoin-mining-community-poll/

Your Genesis Mining Team
full member
Activity: 178
Merit: 100
well they said 1 of the mining servers was a mere 2 ph/s which isn't jack vs the 405,204.935 th/s total hash rate  that's less then .02 % if that, genesis would have to mine at some other pool to even find a block in 24 hours.

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Total hashrate: approx. 380 PH/s   ( https://bitcoinwisdom.com/bitcoin/difficulty )

2 PH/s => 0.53%


@fairglu: the daily payout is about 3600 BTC  (=25*24*6)
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