Topic: Genesis-mining.com || World's leading hashpower provider! - page 39. (Read 400267 times)

I did, kind a hoped someone already got the answer...

Best thing to do is contact their support directly. They do not answer here much now.

And what are they mining with? Spondoolies after sales service might be a bit patchy these days....
What's the plan for halving and the march of the shrinking nm's?
A supposedly professional outfit, industry leader etc. would be expected to be a bit more communicative irl, but this is Bitcoinland I suppose.

Anybody knows why 1year contracts have vanished under "My Orders".. Those were not expired yet..
According to my calculations those should have started to earn again (since today).. those were there 2 days ago but today poof... gone..

What is genisis total hashrate? why are they not solo mining?

Ethereum just got a All Time High after the Launch. Happy mining 

Tip: For those of you who are receiving dust daily from GM, use a XAPO wallet address to receive these dust. Because XAPO has no transaction fees for outgoing transactions.

Genesis-Mining, did somebody mimic your website:

https://bitcointalksearch.org/topic/m.15048573

Does GM offers scrypt power?

One way to work out your daily payout after fees is  by looking in your contracts and if you go to the link below and enter in your hashpower and deduct the fee, then you can just do a check. It is not 100% accurate, no Bitcoin calculators are as they work on averages etc.

You can use this same method for any company that charges a daily fee so this is not just Genesis Mining specific.

Use the calculator here, you can use others of course but I tend to use this one most of the time.
https://bitcoinwisdom.com/bitcoin/difficulty

For example

I have a contract with a fee of 0.00079 USD per GH/s per day. These contracts started in January 2016.

I have 100 GH/s so the daily fee would be 7.9 US Cents a day.

I look at the calculator, which I posted the link to above and enter in 100 GH/s



As you can see from the image, the average return per day currently at the time of doing this post was 0.1305 USD/Day or just over 13 cents.
You then deduct your daily fee which is 7.9 US Cents, which makes 0.0515 USD or just over 5 US cents.

You enter in 0.0515 USD into the USD/Day column



and then look in the BTC/Day column and average payouts are around 0.00009958 BTC currently after the fee is removed.

For reference you can look up this wallet address if you like.

1ccbNk4pycMoLvkFEtQM7Eyh34qeVo2NJ

This is the wallet address I get my payouts to so you can track them from the day they started until today.
You can see for example that my first full payout for 100GH/s was 0.000155 BTC and my last payout was 0.0005053 so because of rising Bitcoin difficulty in nearly 6 months my payouts have gone down by a lot. This happens with any (legit) SHA 256 cloud mining company and my payouts over at Hashnest have also decreased too.

Also do not forget that calculators are just a guide and you only need to look at payouts on pools and see that one day, mining returns might be higher or lower than the amount shown in calculator.

Genesis Mining need to enable hashpower trading to attract more serious investments.

I suggest to buy Ethereum Hashes, that one rocks!

is this contract still profitable or can even hit ROI??

i just want to buy some hashes but too afraid to lose my bitcoin

One of my contracts was dead. It's about 9 months old.

my lifetime bitcoin contract never get payment from 2 or 3 months ago..

is that contract suspended?

Guy`s on Andy`s request i made a small video whit the mining income from one of my accounts.
You can check it out if you want to see my mining settings i believe are the best settings on this moment, or just to see hashes vs income.

https://www.youtube.com/watch?v=doRAF2c-Rrk

So I just finally fixed my Genesis account so I can log in and check things out.
(Support was actually very good for that. No surprise there, another potential sucker customer.)
Interested to see how one of the  few cloud mining joints still standing that hasnt yet
been exposed as a complete scam sham is doing .Myself I will never invest a satoshi in cloud mining.
Just buy the damn coin and save yourself monitering the dust payback of your loss investment everyday,
Unless of course you like that sort of thing. Cloud roi is a pipe dream for most, the proverbial carrot on a stick if you will.
How interesting that this thread is not linked anywhere on the official Genesis homepage.
(well I couldnt find one anyway so if there is one, you gotta look for it which kinda defeats the purpose)
Its actually the first thing I check out when researching anything crypto related.

Yep, that's what I did. Lowest fee I am able to set is 4000 sat when sending around $1 worth of dust.

Their mistake, with the time that will make Hashnest the only viable option.

nah, they always say some crap about legalities ;p such bs much crap  . they think we don't understand that without dealing with conversion to FIAT from said GHS there are no "legalities"  hence bmt, oxbtc, etc do it.
any excuse, over and over to screw us