Topic: Genesis-mining.com || World's leading hashpower provider! - page 23. (Read 400190 times)

where can I click the rocket to boost 20%?`Need some shiny PNG

We improved our mining software which has lead to better performance, allowing a 20% increase on existing hashrate. We did not add hardware, it was purely because of getting better performance on already existing hardware.

Since we have no new hardware in place yet, we cannot offer new contracts, so for now Zcash mining is still sold out.


Not sure where the confusion is coming from, but does this help?

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Your Genesis Mining Team

https://www.genesis-mining.com/pricing



... Color me confused.

Bruno

Yes i see many people are complaining about the same thing, every investor need to make some profit but you are not making your customers because of low hash rate and you are giving very low % to people. Almost more than 60% of the people are not happy with has rate and their daily payout. At least you need to concentrate on this and make your customers happy.

WORD haha.    Between them nuking everything not puppydogs and rainbows, and everyone ditching this crap, the thread is a ghosttown ;p

they musta known that was gonna happen, where's their "200,00 satisfied customers" now?

Hello miners,

In case you haven't noticed, we have again improved Zcash hashrate for our customers. All contracts have received a 20% upgrade on Dec 11.

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Your Genesis Mining Team

We are working on improving, but the further we get, the more difficult it will be to get even more. Still, we are not sitting back. Our teams are working very hard to get better performance, but sadly we cannot say when we'll have another update.

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Your genesis Mining Team

hi, genesis-mining sir, would you please improve Zcash mining again?

It's not that we do not have any control. We control the hardware and the mining algorithm we use, the software we use to keep an eye on performance of various mining pools, and more. With our level of knowledge and experience in these matters we can assure you that is taken care off the best way possible. But mining difficulty and coin values are beyond our control. But to get any insight in those, you can use external sites that keep track of mining difficulty, hashrate growth, block rewards and coin values and such. They should be used before making any purchase so you have an idea of whats possible. And even after purchase there are times when changing payout to a different coin might be beneficial, though that requires some more understanding as it would mean keeping track of several coins and their exchange rates. But currently we have no Zcash hashrate available. We are working on that but it's hard to say when we will have hashrate available again.

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Your genesis Mining Team

So which plan is the best for zcash hashrate buying, as you don't have any control on it than what measures we can take to increase daily payment from genesis mining. Because many people are now mining only zcash through your site is there any further updates on implementing any new hashrate buying, so that we can able to increase our daily payments.

We don't have control over the returns as those largely depend on mining difficulty and market conditions. Those conditions are variable, as is the nature of cryptocurrencies, and any investment in these contain possibilities as well as inevitable risk. That risk can be calculated to some extend through various independent websites that offer calculators which help making estimates for mining returns, such as http://www.coinwarz.com, where you can check mining returns for any amount of hashrate at any level of mining difficulty, you can check difficulty growth charts to help make more accurate predictions of the future.

Of course for Zcash launch the risk was a bit greater since nobody knew what was going to happen, how much total hashrate would be mining, how high or how low mining difficulty would be, how large mining returns were going to be, or even if there was going to be decent mining software to begin with. Those that bought our services took a chance on all that, except for the mining part, as we promised our customers would be mining or get a refund if all failed. We lived up to our promise and managed to deliver the promised hashrate, and our customers were among the ones mining right from the start. Since then we have managed to implement several upgrades on the hashrate also and we keep looking for further improvements. Daily returns still depend mostly on conditions that are beyond our control, but no matter how high or how low those returns, we will deliver the mining service our customers bought.

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Your Genesis Mining Team

Hi Genesis Mining Team,

How do you answer to this ? It looks like even your ZEC contract is not worth it. It's impossible to get any return on investment according to calculation...

A big company means bigger expenses - larger offices, developers, and fancy marketing don't come for nothing. Then there is the problem with contract-type of securitized cloud mining, which is that there is always the risk of Ponzi - liabilities exceed its assets while investors are kept in the dark.

Yep another upgrade if you bought back before October 28th hashrate went from .6 h/s to now 2.5350 h/s for $35, but still is near 0 compared to what my new nvidia 1070 can do ~ 190/s a sec .

But still better then nothing..

Thanks Genesis

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Zcash Update!

We’re glad to announce that our work on the Zcash mining software is successful and we have increased the Zcash hashpower of every user that obtained a contract before 30th November 2016 12:00 UTC for 30 percent. We’ve also updated the contract pricing respectively!

Thanks,
 

Thank Youu very much, for Your trying!

Cheers

Thank you for your response. Claymore wrote that he plans to release another version of miner with a significant increase in speed.

Since our initial offer we've upgraded Zhashrate 5 times by now, and we continue to look for further improvements. It is impossible to say how much future enhancements will be or how fast we can implement those, but our teams continue to work hard at improving efficiency and we expect we will be able to extend further.

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Your Genesis Mining Team

Genesis-Mining, do you plan to further increase speed at ZEC mining contract or is it final speed?

We had a view really good mining days  
I did sell my Zcash for BTC, i will do that untill the zcash price stabilize.

I did try out the auto btc option, it seem i get a little less BTC for my Zcash this way.
My opinion if you are planning to sell your Zcash on a daily basis for Bitcoins, you might consider do it yourself. But maybe i was just lucky selling it myself selling on the right time.

I love to hear others experience whit the auto BTC option in Zcash.

Not so good, my own mining rig had some troubles, i had some hashrate drops on the pool, a quick inspection of my rig quickly show a burned PCI-e USB Extender kit.
My motherboard is still working but two PCI-e connectors are not seeing the cards anymore.  Tonight i have the time to test the all cards