Genesis-mining.com || World's leading hashpower provider! - page 114.

Lies

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Quote from: micky123 on April 20, 2015, 06:55:04 AM

Quote from: flyingplows on April 17, 2015, 02:47:34 AM

Quote from: birdcat90 on April 17, 2015, 12:34:17 AM

now the downward has been started..

just got payment below 20k...its look like affected by the price of bitcoin for now?

Of course it is affected, but I remember genesis-mining saying that they would still be able to operate at BTC below 150$, or it might have been mentioned even lower so I guess contracts will still run, will not be terminated and will wait for better days Wink

Thats what I heard too... however I have not got a single payout for the past month or so. Granted I have only 1 mhs but isnt that worth even a payout of 1 satoshi? Utter waste of money in my opinion.

You must have mined a minimum of 5430 satoshi to get a payout. It should accumulate till you reach that amount.
Like explained in this users vid: https://youtu.be/8bnX9CnbNa0?t=2m

louise123

sr. member

Activity: 462

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Can we get our money back if we don't want to continue with you.

micky123

legendary

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Quote from: flyingplows on April 17, 2015, 02:47:34 AM

Quote from: birdcat90 on April 17, 2015, 12:34:17 AM

now the downward has been started..

just got payment below 20k...its look like affected by the price of bitcoin for now?

Of course it is affected, but I remember genesis-mining saying that they would still be able to operate at BTC below 150$, or it might have been mentioned even lower so I guess contracts will still run, will not be terminated and will wait for better days Wink

Thats what I heard too... however I have not got a single payout for the past month or so. Granted I have only 1 mhs but isnt that worth even a payout of 1 satoshi? Utter waste of money in my opinion.

flyingplows

sr. member

Activity: 518

Merit: 250

Quote from: birdcat90 on April 17, 2015, 12:34:17 AM

now the downward has been started..

just got payment below 20k...its look like affected by the price of bitcoin for now?

Of course it is affected, but I remember genesis-mining saying that they would still be able to operate at BTC below 150$, or it might have been mentioned even lower so I guess contracts will still run, will not be terminated and will wait for better days Wink

birdcat90

hero member

Activity: 602

Merit: 500

now the downward has been started..

just got payment below 20k...its look like affected by the price of bitcoin for now?

Icon

hero member

Activity: 821

Merit: 503

Quote from: galdur on April 15, 2015, 02:17:23 AM

Quote from: cloh76 on February 27, 2015, 07:24:03 PM

Quote from: BittBurger on February 27, 2015, 03:43:05 PM

Boom! Upgraded...any real miners out there or am I all alone?

Nice. When will you ROI?

Probably this decade. Man, this guy must be really rich or really, really dumb. Well, most likely both. Talk about dead money.

Dumb question? But is this GAW Miners 's Account?

flyingplows

sr. member

Activity: 518

Merit: 250

Quote from: Genesis-Mining on January 17, 2015, 09:15:49 AM

Hey All,

I want to distantiate myself from any wrong implications based on the above foto. Genesis Mining is not involved in any sense with Gawminers and their business.

MS

Were they in touch with you to discuss Hashlet eol voucher compensation program? Wink

There is still no info on what company it is supposed to happen, if at all...

Vyazhan

full member

Activity: 168

Merit: 100

Quote from: ?? on ??

Quote from: Rizla2345 on January 17, 2015, 06:00:22 AM

Meanwhile at a scamsters convention down in Florida. Sleazy or what ?

Quote from: Genesis-Mining on January 17, 2015, 09:15:49 AM

Hey All,

I want to distantiate myself from any wrong implications based on the above foto. Genesis Mining is not involved in any sense with Gawminers and their business.

MS

Zeta0S

legendary

Activity: 1890

Merit: 1031

That`s a lot of money...sure hope he used my Voucher code Wink

galdur

hero member

Activity: 616

Merit: 500

Quote from: cloh76 on February 27, 2015, 07:24:03 PM

Quote from: BittBurger on February 27, 2015, 03:43:05 PM

Boom! Upgraded...any real miners out there or am I all alone?

Nice. When will you ROI?

Probably this decade. Man, this guy must be really rich or really, really dumb. Well, most likely both. Talk about dead money.

birdcat90

hero member

Activity: 602

Merit: 500

Quote from: flyingplows on April 11, 2015, 02:58:05 PM

Quote from: birdcat90 on April 11, 2015, 12:23:40 AM

when bitcoin price below 150$ does genesis mining stop hashing or mining?

so what happen with our contract? does it hiatus and can resume sometimes?

You guys really planning for such lows? Roll Eyes

If so just don't even count if it will stop or not - don't cloudmine and sell your btc

You can buy when it is cheap Tongue

i mean in case btc price drop that low..but who knows in this volatile market right?

i hope gm will have wise decision when that happened..

flyingplows

sr. member

Activity: 518

Merit: 250

Quote from: birdcat90 on April 11, 2015, 12:23:40 AM

when bitcoin price below 150$ does genesis mining stop hashing or mining?

so what happen with our contract? does it hiatus and can resume sometimes?

You guys really planning for such lows? Roll Eyes

If so just don't even count if it will stop or not - don't cloudmine and sell your btc

You can buy when it is cheap Tongue

Zeta0S

legendary

Activity: 1890

Merit: 1031

Quote from: birdcat90 on April 11, 2015, 12:23:40 AM

when bitcoin price below 150$ does genesis mining stop hashing or mining?

so what happen with our contract? does it hiatus and can resume sometimes?

I believe Genesis can do way below the 150$ mark

birdcat90

hero member

Activity: 602

Merit: 500

when bitcoin price below 150$ does genesis mining stop hashing or mining?

so what happen with our contract? does it hiatus and can resume sometimes?

IanFoxley

legendary

Activity: 910

Merit: 1000

Just reposting about the fact that I am posting daily Genesis Mining and also from a few days ago, Spondoolies payouts based on 50GH/s contracts.

https://bitcointalksearch.org/topic/m.11045038

Will try and update each day.

Hoping it will be useful for current users to compare and also for anyone interested in current payout info.

Ian

julian071

hero member

Activity: 1132

Merit: 818

Quote from: flyingplows on April 09, 2015, 03:36:32 AM

Quote from: nickhiggins123 on April 08, 2015, 09:14:31 PM

So is it no longer a good point to upgrade my hashing power?

Certainly not. Just hold your coins and wait for btc to be on the rise again. And if you absolutely must buy some cloudmining I would suggest to look for more profitable services. There are some, just look around here at this forum Wink

If you know any other Cloud Mining Service that has a better return but is not a ponzi, I'd love to hear about it. I've researched this extensively and the only alternative I found is Megamine.com, who have some interesting all-in packaged (no fees, everything prepaid).

flyingplows

sr. member

Activity: 518

Merit: 250

Quote from: nickhiggins123 on April 08, 2015, 09:14:31 PM

So is it no longer a good point to upgrade my hashing power?

Certainly not. Just hold your coins and wait for btc to be on the rise again. And if you absolutely must buy some cloudmining I would suggest to look for more profitable services. There are some, just look around here at this forum Wink

micky123

legendary

Activity: 1022

Merit: 1005

Quote from: nickhiggins123 on April 08, 2015, 09:14:31 PM

So is it no longer a good point to upgrade my hashing power?

Nope,

i don't think its a good time to buy any more hash, BTC price is falling and IIRC, GM has a clause somewhere that says that they will stop mining if BTC reaches a level where it would not be profitable to mine anymore. They will stop mining and you will be left with Hash that holds no value at all. In fact, all cloud mining companies have such a clause in their contracts. I am still unhappy that GM does not have a market where i can sell my hash and users like you, can buy my hash at cheaper rates than what they are offering atm. Zenmining offered such a feature and when i saw the price of BTC going down, i managed to rid myself of my hash power on their markets and managed to even make a small profit due to the earnings prior to the big BTC dump. GM has left me nowhere. I cannot sell the useless 1 MHS that i purchased (at a much higher price than Zen, mind you!) which does not earn me anything as it just sits there and does nothing. I should have an option to sell that 1 MHS on a market so i can salvage some part of my investment IMO.

Icon

hero member

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Not on this sinking ship.

Icon

nickhiggins123

sr. member

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So is it no longer a good point to upgrade my hashing power?

Topic: Genesis-mining.com || World's leading hashpower provider! - page 114. (Read 400197 times)