Topic: Genesis-mining.com || World's leading hashpower provider! - page 241. (Read 400197 times)

I really cant believe people still buy ASIC. Look at the facts, no major ASIC manufacturer has started delivering their products and we have LTC difficulty going up 10% every 2 days or so.
How is this possible? Sure they use ASIC to mine first, get difficulty up and then deliver to losers who expect to get rich fast by pressing a single button. 

Haha. That is the normal thing KnC does. They cannot deliver in the foreseeable future, but try to cause trouble for their competitors. KnC is very well-known for not delivering in time (and instead mining for themselves). So far, I had a terrible experience with their BTC miners (very late and bad quality). The same story repeats again, but some people believe it - good job KnC

Excellent going. Though, wondering, is the process of adding hashpower automatic or is it manual? How fast after someone uses your... errr.... my code will the hashrate be added?

Not sure about such statement but what matters most for me is getting ROI and a good income on top of it. 

im the chosen one 

Nice. I would like one. PM sent!

Dear all,

we are proud to announce our new affiliate program!

We already handed out personalized promo codes to chosen users.
If you like to have a personalized code, contact us via PM and tell us where you want to spread the word!
Right now, each participant is chosen individually by us.

The personalized promo codes grants you 3% of the hashpower of the order made by the customer you won! Additionally, the new customer has 3% off his order with using the code!
Additionaly, you are able to increase your percentage over time!

The more users you win, the higher your percentage gain will be!

agreed! Also shipping costs, customs and expert-knowledge play a big role in prefering cloud mining services to actually buying hardware.

Totally agree! They raised 20 M for pre order of the first generation, but there is not a slight evidence that they ship it any time soon although they promised to ship it till june... Instead they are just announcing another one to delay shipment even further. I am happy when I can get what I bought directly after purchase! Especially in the mining world this is key!
Taking pre orders is easy, being actually able to deliver is a whole different thing!

What I will be doing, call it crazy, is that the btc I earn each month is going back into buying more hashrates.

Not sure if that is the best thing to do, but that is me, haha

So you want to say that after end of my contract i will get back my profit+investment. If they return my investment than what is the point of their earning?

100% guarented,
We are going to have a highlight coming up soon that will enable our users to mine Darkcoin with our system! This will be a groundbreaking new feature and everybody will like it!
mail from genesis 

But i stay over what i say, contract fore one year is not mi preference, i love more the way of cex en script.cc holding you kh or gh or whatever...

To call cloud mining overpriced because hardware is cheaper is the same as claiming that bread from the bakery is overpriced because it costs more then flour. You can't sell cloud hashes below the price of hardware because there's a whole lot of services surrounding those hashes. People chose cloud mining for different reasons. No room at home, expensive powerbill, noise, heat, lousy internet connection, whatever.

Are you sure that the next coin will bedarkcoin? Last time they arrange a Facebook Campaign for most favorite coin to mine. 

It is better to compare the price when the Titan is actually being delivered to people, to be honest.

A small excerpt from the article.
"KnCMiner has announced that it is nearing the tape-out of its upcoming Titan scrypt ASIC, though it did not provide further details as to when the tape-out would take place."

I still think GM overpriced. KnCMiner Titan 400 MH/s, $17,5 per MH/s.
http://www.coindesk.com/kncminer-titan-deliver-400-tape-out/

Basically none. Or one. They mine the most profitable coins and pay in bitcoin. There's no other choice. (so no, not flexible everywhere)

Mike who many coins are on scrypt.cc?

Scrypt.CC has the advantage of being extremely flexible. What your hashrate will be worth after one year is not very interesting when your intention is not to sell but to keep on building. You can keep the hashrate indefinitely, so after a year you won't suddenly lose a few Mhs because some contract ends. Instead, you simply buy whatever you need daily/weekly/monthly to keep ahead of difficulty and withdraw if you have something left. Scrypt.CC offers you the opportunity to buy in small steps, as little as 1Khs steps. And that is a HUGE advantage over GM, especially for those with limited dollars to spent.

Of course keeping ahead of difficulty requires planning and keeping an eye on things and knowing when to invest and when not to. And prices are dictated by an open market, so it can go up and down wildly. Therefor, it's not for the average Joe who tosses in a bag of coins and expects more at the end. You can see those people run away from scrypt.cc almost daily.

So yeah, I like Scrypt.CC very much and I have invested there, just because I love the building aspect. In theory you can buy once and build up bigger/better/more forever.

But yeah, I've also invested in GM because of the ease of use, the good yield (though that will be diminishing over time, but very hard to estimate), AND the opportunity to mine specific coins.

And it's nice that I don't put all my money on just one (or two) horse(s)

Definitely looking forward for this!