Topic: Genesis-mining.com || World's leading hashpower provider! - page 40. (Read 400228 times)

Genesis-mining still does not let the users sell their GHs?

you have to understand why i  have Genesis as a personal grudge. (and i think i'm not the only one)
and it's plain and simple, i am a dis-satisfied customer
i understand how it all went down, i was there.  
but i also understood how most other companies offered their customers during this crazy difficulty time a way "out or up"
through various upgrade options, trade-ins, w.e each company thought was cool to do
now , was it very nice how Genesis, the world's most "public friendly, noob friendly" mining company offered us NO WAY OUT OR UP?
no , it was not.  
do they have to be nice? NOPE

but neither do i.

[/quote]

Genesis Mining answered it here and its in the contract.

Please guys, read the terms before purchasing, they are pretty important.

https://www.youtube.com/watch?v=TsVXErWc71s&feature=youtu.be&t=6m45s
[/quote]


oooo ok , so they will use the GPU's to switch to dash after?
wow thank you genesis i always wanted to use GPU'S  TO MINE AN ASCII ALGO!
what a joke
shit midas mine doge or btc for us with them!

(in case you didn't notice i know the fucking terms i was just leading them or one of their shiils into that response)
ty;)
so genesis will use gpus to mine for us an algo that has ASCII machines?  sounds profitable

first search on google.  "ascii x11 miner"
http://www.dualminer.com/iBeLink-DM384M-Dash-and-X11-Miner_p_36.html

and their legit, sold out first batch months ago.
so what a joke "world's largest hashpower provider" using gpus for ascii algo imo

Genesis Mining answered it here and its in the contract.

Please guys, read the terms before purchasing, they are pretty important.

https://www.youtube.com/watch?v=TsVXErWc71s&feature=youtu.be&t=6m45s

so what happens to "the largest eth farm in the world" when eth goes casper in 6 months or less?
you mentioned nothing of what will happen then, as usual

NEVER AGAIN SORRY

We are proud to announce our new Enigma video and price drops for all Ethereum Mining Contracts!

Ethereum is the first ‘world computer’. It is a decentralized network that can be used by anyone and is capable of running applications with no possibility of downtime, censorship or fraud.

It’s native currency, Ether is one of the fastest growing cryptocurrencies next to Bitcoin. Just a few months ago, the price was $1, then it shot up to $13 and today it has settled at just under $10. This rapid growth excited investors who were eager not to miss out on another hyper-growth investment opportunity.
 
Starting today, the price will be $37 per MH/s, reduced from the current rate of $44 per MH/s. Discussing this price change, Genesis Mining co-founder and CEO Marco Streng stated, “Every day, we are working to reduce operational costs to mine on behalf of our 200,000 customers and every time we have the opportunity to provide greater ROI potential and value to our customers, we are honored”.

Following the price reduction announcement, we also releasing footage of our Ether cloud mining farm, Enigma, which is the largest Ether cloud mining farm in the world.
 
https://www.youtube.com/watch?v=RhLVELIXjs0

Our CTO, Stefan Schindler stated “The reason we are able to continue reducing the price for our customers is due to heavy optimization of the Enigma farm and economy of scale. We are proud of bringing Ether Mining mass deployments to a next dimension with Enigma.”
 




More info on our Blog

Thanks for your support!

Just noticed today that GM have dropped ETH prices, so at least they are trying to keep ahead of their other competitors in regards to selling ETH hashpower.

Also posted a video too I see which is visible on their pricing page.

Pricing seems to be about 37 USD per MH/s which is a drop from 44 USD per MH/s

Ian

Personally I think it was more to do with this (link below) than Genesis Mining.

The merger of BTCS probably did them no favours plus the fact that Bitmain and Bitfury have been developing very good miners and so perhaps Spondoolies
got behind on the tech race. Nobody will want to buy your miners in huge amounts if they are not efficient enough, compared to the competition.

http://www.coindesk.com/press-releases/spondoolies-tech-receives-key-approval-merger-btcs/

Most of the Spondoolies customers on other threads seem to agree about BTCS and also the Chinese Manufacturers.

awesome got an email from spoondolies today that their kaput. CAN'T COMPETE ANYMORE.

i wonder if it's because they partnered with genesis and genesis screwed most of us = no return custys?

i hope genesis is next now

they made good machines too, it's a shame they partnered with genesis and shot themselves in the foot

i truely don't understand what the shit you are talking about....
"point my address to my pac4 contract to help it payout faster"

you have no idea how the pacmic works do u.....

wow haha another idiot hero , man this forums garbage now....

got an hashnest wallet or anything? What i have done to keep down on the emails/etc is point my address to my pac4 contract to help it payout faster and let bitman handle all the cents of BTC i am getting daily

Icon

Should I change my receiving wallet address to a blockchain.info wallet address to beat the dusting fees?

The amount of dust (8000 satoshis each day) I am getting from GM is undesirable and clogging up my wallet. The outgoing transaction fees are so high that it eats up any incoming funds from GM

So you gave Genesis 0.75BTC on 17th Dec, which was about $335. Today you have $410 profit. Nice.
Had you bought $335 worth of ETH on 17th Dec instead, you would have gotten around 372 ETH.
Today you would have had $2700 profit (or over $5000 a month ago). Nicer.

Presumably you were bullish on ETH in December, or you wouldn't have bought a mining contract which would have been worth jack shit if ETH had stayed under a dollar.
Why give someone your money to mine some of it. Why not just buy it in the first place?

Total investment U$419 - 1TH/s

2015-12-17 - 0.15 TH/s - Fee USD 0.00099 per GH/s and day
2015-12-20 - 0.35 TH/s - Fee USD 0.00099 per GH/s and day
2015-12-23 - 0.50 TH/s - Fee USD 0.00095 per GH/s and day

Overpayment - sha256 BTC balance of 0.0032036 successfully added to your account on 2015-12-26

Lowerpayment - sha256 BTC balance of 0.00051456 successfully added to your account on 2016-04-14 [decreases every day]

0.15850811BTC Total received = ROI 1771 Days = Never

Lifetime contracts = money burned.

Not recommend , waste of time and money.

Whats so exciting about selling mining contracts that dont pay out? Most genesis customers are pissed off and angry at you, you dare to post this silly discound code for what? 5% discount on loosing our coins?

Genesis Mining Two Year Anniversary



Hey miners!

As mentioned, we are excited to celebrate our two year anniversary! It’s been a long fun ride and we are so grateful for all the support over the past two years.

Two years is a long time, especially for companies in the Bitcoin mining space and it’s because of our 180,000 customers that we are able to exist today. Without your support, we would have never made it so far and for that we want to personally thank each and every one of you.

While two years is exciting, we can promise you Genesis Mining is just getting started. We will continue to listen to our customers, continue to innovate and continue to work as hard as ever to build products and services that best serve you.

We’ve put together a short video that summarizes some of what has happened here at Genesis Mining in the past two years. CLICK HERE to watch the video.

Thank you as always and we look forward to the future together!

To the moon!

Marco Streng, Marco Krohn, Jakov Dolic and the rest of the Genesis Mining Team  

Care to elaborate? If you bought the eth mining contracts early before the prices went up, you likely would have done pretty well. Not sure what you're getting at.

The X11 contract is sold out. I wonder if the Lifetime Bitcoin contract will be sold out or never. I love to hear your comments.

hey dickweed, here's some news for you.....take the risk and get into something early.  sorry you didn't have the balls and you are a follower after the fact.  Guess what, you jumped on a train that was already being hyped, and your LATE.  This is a genesis thread, not a piss and moan thread.  So just continue with your life and be LATE to every party ...good day sir