Genesis-mining.com || World's leading hashpower provider! - page 238.

cyberpitstop

sr. member

Activity: 370

Merit: 250

I am happy with Genesis-mining so far payments have matched up with all the coin/mining calculator
I currently use them to supplement my long term Doge investment.
But I wish the auto BTC had current rates/profitability listed I would buy more hash power if I knew what BTC I could expect to receive.
Grin

I would also mention the EASE of the entire process is great for ANYONE. Simple design is PERFECT!!!!!

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: AngryGrunt on June 15, 2014, 05:53:44 AM

First of all, I would like to say hello to everyone. My name is Ante and I am new on this forum.

I saw a post about Genesis mining so I have decided to make review of their service after 1 month of using GM. On 19h of May I bought their 10 MH/s package and I have set up mining to Auto(BTC). Since that day I am receiving BTC on my BTC address every day. As a proof of that I'll attach few screenshots so some of you may decide to start mining with them without any concern. No matter what some of you say, they are not fake.

IMHO, they have very good and simple website design, very good customer support and as most important, I feel secure mining with them.

I will continue to mine with them and if somebody wants I can post my mining stats after 1 more month or so..

BR,
Ante

Thanks for the post Ante and welcome to the forums.

AngryGrunt

newbie

Activity: 26

Merit: 0

First of all, I would like to say hello to everyone. My name is Ante and I am new on this forum.

I saw a post about Genesis mining so I have decided to make review of their service after 1 month of using GM. On 19h of May I bought their 10 MH/s package and I have set up mining to Auto(BTC). Since that day I am receiving BTC on my BTC address every day. As a proof of that I'll attach few screenshots so some of you may decide to start mining with them without any concern. No matter what some of you say, they are not fake.

IMHO, they have very good and simple website design, very good customer support and as most important, I feel secure mining with them.

I will continue to mine with them and if somebody wants I can post my mining stats after 1 more month or so..

BR,
Ante

http://i59.tinypic.com/35lybmb.png

http://i57.tinypic.com/2akfy9k.png

http://i62.tinypic.com/t8vxh5.png

Nathan101

full member

Activity: 130

Merit: 100

Quote from: marife01 on June 14, 2014, 09:59:45 AM

Quote from: Genesis-Mining on June 11, 2014, 06:45:12 AM

Dear all,

2 cool new major features are activated as per now:

- Payment via Litecoin is now available!
- Payout in DRK (Darkcoin) is now available!

We are further working on improving our services for you and you can expect more to come in the close future

Just curious if you are considering payments thru CC or wire transfer. Is that possible instead of alt coins?

I have found that wire transfer is available. So you can withdraw your payment through wire transfer.

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: marife01 on June 14, 2014, 09:59:45 AM

Quote from: Genesis-Mining on June 11, 2014, 06:45:12 AM

Dear all,

2 cool new major features are activated as per now:

- Payment via Litecoin is now available!
- Payout in DRK (Darkcoin) is now available!

We are further working on improving our services for you and you can expect more to come in the close future

Just curious if you are considering payments thru CC or wire transfer. Is that possible instead of alt coins?

You can choose to pay in USD or Euros as well, although that takes a bit longer than doing it with Bitcoin or Litecoin obviously.

Will be nice to see a Credit/debit card option though.

Wintermute

full member

Activity: 178

Merit: 100

Wire is possible according to their website. I have not tried it yet though.

marife01

full member

Activity: 162

Merit: 100

Quote from: Genesis-Mining on June 11, 2014, 06:45:12 AM

Dear all,

2 cool new major features are activated as per now:

- Payment via Litecoin is now available!
- Payout in DRK (Darkcoin) is now available!

We are further working on improving our services for you and you can expect more to come in the close future

Just curious if you are considering payments thru CC or wire transfer. Is that possible instead of alt coins?

Wintermute

full member

Activity: 178

Merit: 100

Quote from: monim1 on June 14, 2014, 04:26:48 AM

Quote from: Genesis-Mining on June 13, 2014, 05:18:34 AM

Quote from: IanFoxley on June 13, 2014, 03:53:09 AM

How does the Payment in DRK work?
Are you
A: Mining scrypt coins and then instead of converting to BTC at end of each day, you exchange to DRK instead?
B: Mining Drk Coins and then sending direct to Wallet.
C: Mining the most profitable X11 algo coins and then convert to DRK?

Yeh, I know, I am a pain. lol

Option A is correct

I think converting BTC is better than converting DRK.

If they are smart then their optimizer will just use a different target function. For example, assume that coin A, B can be mined at the same difficulty.

Exchange rates:
A/BTC: 1.01
B/BTC: 1

So in this case it would be better to mine A if you want to have the maximum output in BTC.

BTC/DRK
A/DRK: 1
B/DRK: 1.01

Here it is better to mine B if you want to maximize your output in DRK.

Because markets are efficient there will not be too much difference. However, if you you convert to BTC first and then to DRK you have to pay additional fees. So if they are smart and optimize correctly they should yield better results this way.

monim1

full member

Activity: 155

Merit: 100

Quote from: Genesis-Mining on June 13, 2014, 05:18:34 AM

Quote from: IanFoxley on June 13, 2014, 03:53:09 AM

Quote from: martinnew on June 13, 2014, 03:29:16 AM

Quote from: Genesis-Mining on June 11, 2014, 06:45:12 AM

Dear all,

2 cool new major features are activated as per now:

- Payment via Litecoin is now available!
- Payout in DRK (Darkcoin) is now available!

We are further working on improving our services for you and you can expect more to come in the close future

Nice to see more payment options on GM.

How does the Payment in DRK work?
Are you
A: Mining scrypt coins and then instead of converting to BTC at end of each day, you exchange to DRK instead?
B: Mining Drk Coins and then sending direct to Wallet.
C: Mining the most profitable X11 algo coins and then convert to DRK?

Yeh, I know, I am a pain. lol

Option A is correct

I think converting BTC is better than converting DRK.

Wintermute

full member

Activity: 178

Merit: 100

Quote from: jdebunt on June 13, 2014, 11:53:26 AM

Small new article :

http://www.cryptoarticles.com/crypto-news/genesis-mining-contracts-payable-with-litecoin-payouts-in-darkcoin

Interesting read -thanks!

jdebunt

legendary

Activity: 1596

Merit: 1010

Small new article :

http://www.cryptoarticles.com/crypto-news/genesis-mining-contracts-payable-with-litecoin-payouts-in-darkcoin

Please share

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: Genesis-Mining on June 13, 2014, 05:18:34 AM

Quote from: IanFoxley on June 13, 2014, 03:53:09 AM

Quote from: martinnew on June 13, 2014, 03:29:16 AM

Quote from: Genesis-Mining on June 11, 2014, 06:45:12 AM

Dear all,

2 cool new major features are activated as per now:

- Payment via Litecoin is now available!
- Payout in DRK (Darkcoin) is now available!

We are further working on improving our services for you and you can expect more to come in the close future

Nice to see more payment options on GM.

How does the Payment in DRK work?
Are you
A: Mining scrypt coins and then instead of converting to BTC at end of each day, you exchange to DRK instead?
B: Mining Drk Coins and then sending direct to Wallet.
C: Mining the most profitable X11 algo coins and then convert to DRK?

Yeh, I know, I am a pain. lol

Option A is correct

Thanks for prompt reply

Genesis-Mining

sr. member

Activity: 430

Merit: 250

Quote from: IanFoxley on June 13, 2014, 03:53:09 AM

Quote from: martinnew on June 13, 2014, 03:29:16 AM

Quote from: Genesis-Mining on June 11, 2014, 06:45:12 AM

Dear all,

2 cool new major features are activated as per now:

- Payment via Litecoin is now available!
- Payout in DRK (Darkcoin) is now available!

We are further working on improving our services for you and you can expect more to come in the close future

Nice to see more payment options on GM.

How does the Payment in DRK work?
Are you
A: Mining scrypt coins and then instead of converting to BTC at end of each day, you exchange to DRK instead?
B: Mining Drk Coins and then sending direct to Wallet.
C: Mining the most profitable X11 algo coins and then convert to DRK?

Yeh, I know, I am a pain. lol

Option A is correct

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: martinnew on June 13, 2014, 03:29:16 AM

Quote from: Genesis-Mining on June 11, 2014, 06:45:12 AM

Dear all,

2 cool new major features are activated as per now:

- Payment via Litecoin is now available!
- Payout in DRK (Darkcoin) is now available!

We are further working on improving our services for you and you can expect more to come in the close future

Nice to see more payment options on GM.

How does the Payment in DRK work?
Are you
A: Mining scrypt coins and then instead of converting to BTC at end of each day, you exchange to DRK instead?
B: Mining Drk Coins and then sending direct to Wallet.
C: Mining the most profitable X11 algo coins and then convert to DRK?

Yeh, I know, I am a pain. lol

martinnew

full member

Activity: 153

Merit: 100

Quote from: Genesis-Mining on June 11, 2014, 06:45:12 AM

Dear all,

2 cool new major features are activated as per now:

- Payment via Litecoin is now available!
- Payout in DRK (Darkcoin) is now available!

We are further working on improving our services for you and you can expect more to come in the close future

Nice to see more payment options on GM.

monim1

full member

Activity: 155

Merit: 100

Quote from: jdebunt on June 11, 2014, 06:00:46 AM

http://www.cryptoarticles.com/crypto-news/genesis-mining-launches-affiliate-program-referrals-get-3-discount-on-order-price

Small article about the affiliate program (took a bit longer than expected)

I just read the article. It is a great new that now you are providing 3% discount. I hope this offer will be stable for long time.

ellen_me

full member

Activity: 158

Merit: 100

Quote from: jdebunt on June 11, 2014, 06:00:46 AM

http://www.cryptoarticles.com/crypto-news/genesis-mining-launches-affiliate-program-referrals-get-3-discount-on-order-price

Small article about the affiliate program (took a bit longer than expected)

This will be really useful. Thanks. Wink

nemisan

newbie

Activity: 55

Merit: 0

Hope the price will drop fore the mh Grin

Wintermute

full member

Activity: 178

Merit: 100

Quote from: Genesis-Mining on June 11, 2014, 06:45:12 AM

- Payment via Litecoin is now available!

That is great! I like that you guys not only provide altcoin mining services, but that you also start eating your own dog food! Grin

Hope more payment methods will be added soon and you become one of the first truly multicoin companies!

Excellent work guys, keep it up!

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: Genesis-Mining on June 11, 2014, 06:45:12 AM

Dear all,

2 cool new major features are activated as per now:

- Payment via Litecoin is now available!
- Payout in DRK (Darkcoin) is now available!

We are further working on improving our services for you and you can expect more to come in the close future

Thanks for the good work.

Topic: Genesis-mining.com || World's leading hashpower provider! - page 238. (Read 400190 times)