Genesis-mining.com || World's leading hashpower provider! - page 52.

Indianacoin

sr. member

Activity: 406

Merit: 252

Quote from: Genesis-Mining on January 12, 2016, 04:31:06 AM

Update for January 12th 2016 09:30am UTC

We are still working on the problem with our homepage and getting it back on. The relaunch is planned within today.
Again: This is a temporary issue that did not affect the backend and, of course, will not affect payouts.

Thanks for notifying. I was worried whether Genesis mining got shut down or DDoS-ed!

Btw, I have a question regarding transfer of contracts. Can I transfer my ongoing one year SHA-256 and lifetime SHA-256 contracts to Ethereum mining until it turns into a POS stage?

It will be helpful if you allow us to do so

Genesis-Mining

sr. member

Activity: 430

Merit: 250

Dear Genesis Mining users.

Update for January 12th 2016 09:30am UTC

We are still working on the problem with our homepage and getting it back on. The relaunch is planned within today.
Again: This is a temporary issue that did not affect the backend and, of course, will not affect payouts.

We thank you for your patience so far

Regards
Genesis Mining

Genesis-Mining

sr. member

Activity: 430

Merit: 250

Quote from: Mardjago on January 11, 2016, 04:39:01 PM

Quote from: Genesis-Mining on January 11, 2016, 01:04:41 PM

Quote from: biggbox on January 11, 2016, 12:22:33 PM

Please get it fixed ASAP, before your discount code expires. Sad

We have plans about the code, but we will wait until all is up and running first.

Why is the site down admin? Working on something?

We have already posted information here.
https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022

Mardjago

newbie

Activity: 42

Merit: 0

Quote from: Genesis-Mining on January 11, 2016, 01:04:41 PM

Quote from: biggbox on January 11, 2016, 12:22:33 PM

Please get it fixed ASAP, before your discount code expires. Sad

We have plans about the code, but we will wait until all is up and running first.

Why is the site down admin? Working on something?

Genesis-Mining

sr. member

Activity: 430

Merit: 250

Quote from: biggbox on January 11, 2016, 12:22:33 PM

Please get it fixed ASAP, before your discount code expires. Sad

We have plans about the code, but we will wait until all is up and running first.

biggbox

sr. member

Activity: 448

Merit: 250

Quote from: Genesis-Mining on January 11, 2016, 03:08:18 AM

Hi Genesis Mining Community

We have a treat for you here until Midnight UTC timezone tomorrow.

Use code BTCT10 to get 10% off Ether and X11 contracts.

This does not work for SHA 256 contracts, just those mentioned.

Happy Mining Guys and Gals.

Genesis Mining

Sadly, unable to utilise your discount code because your login page is down. Wanted to get Ether.

Quote from: ?? on ??

Hi Everyone.

Just to let you know, at this moment in time, there are issues with Logins and access to your mining interface.

We will hope to have it fixed very soon.

Any mining and payouts etc will carry on as normal.

I will update this post when we have more news.

Regards

Genesis Mining

Please get it fixed ASAP, before your discount code expires. Sad

IanFoxley

legendary

Activity: 910

Merit: 1000

Quote from: flagpara on January 11, 2016, 09:15:33 AM

Could we have some details about the fees? Cause here i just get a random number everyday without any mean to know where they come from...

Fees are in your contract .

flagpara

full member

Activity: 756

Merit: 100

Could we have some details about the fees? Cause here i just get a random number everyday without any mean to know where they come from...

slavo

hero member

Activity: 784

Merit: 500

hey! I want to mine cryptonight Cry

Genesis-Mining

sr. member

Activity: 430

Merit: 250

Hi Genesis Mining Community

We have a treat for you here until Midnight UTC timezone tomorrow.

Use code BTCT10 to get 10% off Ether and X11 contracts.

This does not work for SHA 256 contracts, just those mentioned.

Happy Mining Guys and Gals.

Genesis Mining

Matt707

newbie

Activity: 6

Merit: 0

Quote from: ?? on ??

Time to share my experience

The only reason i joined was because i didn't take the daily maintenance fee into account properly, otherwise i would never have joined.. Why? Because if you purchase sha256 mining, nearly 45% of your daily profit at (93,448,670,796 difficulty) goes into the maintenance
So i decided to ask for a refund since they claimed to offer a 5 day moneyback guarantee...At first i got an e-mail saying that the contracts are non cancelable blah blah, however after insisting they agreed to refund me

So i should have got refunded what i invested minus what i have earned so far, however i got ripped of by about 0.03 Btc ~ 15$..

For those still wondering if they should or not invest in cloud mining, here is the stats to help you make a decision

1TH's purchased for 0.975 Btc ~ $419 at 93,448,670,796 Difficulty will generate after fees 0.0031 Btc ~ $1.33 daily
So even without any difficulty increase you will still need nearly 1 year to just break even... And in about 20 hours the difficulty will increase by about 12% so the same contract will only generate $1.187 instead of $1.33 in Btc profit daily

Is this true? Has Genesis honored a 5 day money back guarantee? I signed up less than 48 hrs ago (paid in bitcoin), and I've just requested a full refund. If Genesis is legit I have nothing to worry about but... Any help would be much appreciated.

biggbox

sr. member

Activity: 448

Merit: 250

To those who are interested in Ether mining and wish to avoid the hassle of setting up Ether wallet, get a Poloniex account and generate an Ether address. Hopefully, 6 months down the road Ether wallet matures and you could transfer the Ethers.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: IanFoxley on January 09, 2016, 04:22:10 AM

Sooooo how many of you got paid double yesterday??

I guess it was an accident.

Did anyone else get 2 payouts the same?

I bet it was just a mistake when processing the payouts for yesterday. Just checked mine and payouts were the same or close to one another in terms of amount paid. That means you got lucky then. Here you can see a list of my previous payouts, just in case Roll Eyes

IanFoxley

legendary

Activity: 910

Merit: 1000

Sooooo how many of you got paid double yesterday??

I guess it was an accident.

Did anyone else get 2 payouts the same?

loki0505

hero member

Activity: 494

Merit: 500

ETH is about to be 1:1 with US Dollar!! Grin

GET ETH NOW!

Zeta0S

legendary

Activity: 1890

Merit: 1031

Let`s not forget the Ether mining, i think that is gonna be HUGE!
Microsoft is even investing in it, and the network around it.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

I have been using Genesis Mining for quite some time now and everything seems to be legit (at least). For several weeks, I have gone into mining with them by purchasing a 1.5 mh/s X11 contract. Just to be safe, I have invested a minimal amount, but as soon as I get ROI (if I did), then I will upgrade my hashrate. Does anybody know how long it would take approximately to reach ROI with a 1 year contract of x11 mining algorithm? Huh

Zeta0S

legendary

Activity: 1890

Merit: 1031

Quote from: alienesb on January 08, 2016, 01:20:40 PM

Or maybe try a hosting service that lets you sell your position giving a real chance at "roi."

And have the risk the whole operation been shut down by law, you lose everything, no thank you.

alienesb

hero member

Activity: 868

Merit: 1000

Or maybe try a hosting service that lets you sell your position giving a real chance at "roi."

julian071

hero member

Activity: 1132

Merit: 818

Quote from: Wintermute on January 08, 2016, 09:51:19 AM

Quote from: kishin on January 08, 2016, 08:29:23 AM

Quote from: Wintermute on January 08, 2016, 06:55:17 AM

Quote from: kishin on January 05, 2016, 11:26:15 AM

can someone convince me about GM services? I heard lots of rumors but I know some of them just only shouting without having experience with GM, aint gonna hear this kind of comment.

i want to hear someone who already investing in GM, what is better lifetime with 1TH or with 20Mh? And how much earning if I buy this amount? I didn't see any profit calculator on their site

There a number of people in the forums that bash legit services and promote scams. So always check things on your own.

I have invested in GM contracts for some time. It is hard to say which is "better". X11 is doing very well at the moment (please see my previous posting). SHA is a bit more difficult to predict because of difficulty increases. On the other hand, the maintenance fee for sha lifetime contracts was reduced recently. So payouts for new sha contracts are now much better, as well.

I am tracking payouts for sha and X11 and GM is doing exactly doing what they promise. As for any investment there is no guarantee for making a profit, though. Any service that promises you a profit is a scam.

Hope this helps!

Hey Wintermute

Thank you for sharing the result and strategy. I think the reduce of cost is because the btc price went up quite a bit yes?

Maintenance fee reduction is probably related to more efficient hardware and electricity prices.

Some services fix the hardware prices in BTC, which to a certain extent might make sense, but is bad if the BTC price goes up. GM is known for fixing their prices in USD and kept prices constant when the BTC price went up in the past (which is good for its clients).

It's very important to note tho, that maintenance prices will not go down on existing contracts. For that reason, I am still under water after a year of mining with Genesis-mining. You're really better off just buying and hodling BTC if you were planning to invest in SHA.

However, you might also have other reasons to invest other then ROI, for example you want to be part of the mining scene. In that case investing in SHA mining might still be for you.

And maybe X11 is better?

Topic: Genesis-mining.com || World's leading hashpower provider! - page 52. (Read 400228 times)