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Topic: Genesis-mining.com || World's leading hashpower provider! - page 172. (Read 400197 times)

member
Activity: 100
Merit: 10
I'm saying my payouts based on auto-btc are decreasing of 10% every day... that's all folks! Smiley
hero member
Activity: 657
Merit: 500
MΣC

Are you kidding ?

I'm losing 10% each day since 5 days... 0.000275 per Mh/s on October 5th!


Losing 10% on what? I've been mining Megacoin mostly and how many coins I mine depends almost solely on the difficulty of the Megacoin network. Are you saying GM provides a bad service because of coin issues?
member
Activity: 100
Merit: 10
Still a really good payday last day  Smiley And that when a time all coins made bomb dive.

Genesis Mining really good service

Are you kidding ?

I'm losing 10% each day since 5 days... 0.000275 per Mh/s on October 5th!

legendary
Activity: 1890
Merit: 1031
Nice lady  Cool
sr. member
Activity: 430
Merit: 250
Our CEO Marco and our colleague Mia at the Las Vegas conference:

legendary
Activity: 1890
Merit: 1031
Still a really good payday last day  Smiley And that when a time all coins made bomb dive.

Genesis Mining really good service
copper member
Activity: 1162
Merit: 1025
fees are eating a good chunk of the payouts at the current btc price. hopefully she starts going back up soon, or not i dont know, i dont like these low payouts but i do like buying btc on sale lol.
full member
Activity: 156
Merit: 100
my DOGE payouts tumbling down quite a bit.. Huh
newbie
Activity: 49
Merit: 0
Bitcoin has actually been going up today and not down!.

Correct Smiley

We were starting to buy when the 300$ wall appear because any price below 300$ doesn't sound adequate. The current situation is in my opinion mainly caused by

(i) one or two large Bitcoin mining companies that want get rid off other mining companies
(ii) other miners becoming under pressure and immediately sell all mined coins in order to pay the electricity bill
(iii) market psychology

Fundamentals are looking good: number of companies, increasing number of wallets, growing number of transaction.

My favorite chart:  (30 days average)

https://blockchain.info/charts/n-transactions-excluding-popular?showDataPoints=false×pan=2year&show_header=true&daysAverageString=30&scale=0&address=


Ok. That was just my personal view on the Bitcoin economy and why I bought at $300.

Happy mining everyone,
  Marco
full member
Activity: 233
Merit: 100
Thank you Ian for your video.  Smiley

Zorro
legendary
Activity: 910
Merit: 1000
full member
Activity: 156
Merit: 100
Got my payout for today  Smiley
legendary
Activity: 910
Merit: 1000
It is working ok for me.

And it is 19:27 UTC as I type this so there are still around 4 and a half hours left of the payment day before Payments are officially late!

full member
Activity: 210
Merit: 100
i can't access to GM's website, what's going on ?


maybe just maintenance or webserver temporarily down, don't panic  Cool
full member
Activity: 210
Merit: 100
no payout for the 5th october?

as always the payment will come, so don't worry  Wink
wec
jr. member
Activity: 66
Merit: 1
i can't access to GM's website, what's going on ?
member
Activity: 81
Merit: 10
no payout for the 5th october?
legendary
Activity: 910
Merit: 1000
Bitcoin has actually been going up today and not down!.
full member
Activity: 233
Merit: 100
Hello,

Thank you for your insights.  Smiley

Zorro
newbie
Activity: 49
Merit: 0
If BTC will trade at or below USD 150 for more than 20 days than our contacts will be deleted?
Or will we become some satoshi after a price recovery of BTC again?

Sorry for these negative questions but at the moment the price of BTC goes in the wrong direction.  Sad

Kind regards, Smiley
Zorro

It depends on many factors, not only the price. Also on the difficulty and the price of altcoins in comparison to BTC. E.g. if LTC is performing well vs BTC this will certainly help.

More importantly we strongly believe in Bitcoin and many other Altcoins. For example, all three founders purchased Bitcoin (private positions) when we reached the $300 level. We consider Bitcoin to be undervalued given the huge advancements that were made in the last year.

Cheers, Marco
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