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Topic: Genesis-mining.com || World's leading hashpower provider! - page 65. (Read 400197 times)

legendary
Activity: 1008
Merit: 1001
member
Activity: 84
Merit: 10
Hello Genesis Mining Team!

What is the best discount that I can get for 5000$? What is the promo code with the biggest discount? I know that there are multiple promo codes circulating through the net.  I would like to invest more  Grin
sr. member
Activity: 430
Merit: 250
Tell me something, how is it we can auto exchange btc to ppc (peercoin)  only on x11? Why cant we do it on sha256 too? Also might as well add all the alt coins you offer on x11 to sha256 contracts.

Thanks

Icon



Hello Icon,

We are constantly adding more coins and will also add more coins to the sha mining allocation page.

The reason why Peercoin is not on on Auto for sha, but on x11, is because it has direct sha POW components, but is not mineable directly with x11.

Hope this helps!

Your Genesis Mining Team
sr. member
Activity: 430
Merit: 250

Here is a video showing one of our most recent X11 build outs.

Click https://www.youtube.com/watch?v=RqEgF7NCJ-0.


Awesome timelapse video! By the way, may I know the name of the GPUs shown in the video (you can PM me if it's confidential) because I want to buy 2 of them for self-mining Smiley

Anyways I think x11 mining is becoming more stable than one-year SHA-256 mining Wink

Hello notaek,

Sure, the cards for the build out you see on the video are AMD Radeon R9 270x vapor.

Hope this helps!

Happy mining!

Your Genesis Mining Team
hero member
Activity: 821
Merit: 503
Tell me something, how is it we can auto exchange btc to ppc (peercoin)  only on x11? Why cant we do it on sha256 too? Also might as well add all the alt coins you offer on x11 to sha256 contracts.

Thanks

Icon

legendary
Activity: 1268
Merit: 1009

Here is a video showing one of our most recent X11 build outs.

Click https://www.youtube.com/watch?v=RqEgF7NCJ-0.


Awesome timelapse video! By the way, may I know the name of the GPUs shown in the video (you can PM me if it's confidential) because I want to buy 2 of them for self-mining Smiley

Anyways I think x11 mining is becoming more stable than one-year SHA-256 mining Wink
full member
Activity: 156
Merit: 100
Couldn't ROI on scrypt..nor SHA256. i'm skeptical about these x11 as well but to everyone that invested, i wish you the best!
full member
Activity: 178
Merit: 100



I have tracked the payouts of my X11 contracts so far.

X11 payout = payout in BTC (auto) times the Bitstamp rate at the end of the date.
ROI Ferix / Graviton = these is the amount I would have paid for each contract per day, so as long as I am above these lines I will make a profit.

Right now:

+16.8% for Ferix
+29.1% for Graviton!
legendary
Activity: 910
Merit: 1000


https://www.reddit.com/r/BitcoinMining/comments/3s5wmh/bitmain_has_misleading_s7_specs_be_careful/

It seems Bitmain is cheating a bit, as well.

On the other hand, which company is not?


I did read that the first few batches of the S7s were not performing too well, then again I think alot of first batches of miners can be like that from reading up in the past.

Some users reported issues with the heatsinks coming away from the chips as well....I suppose over time these things will be fixed but if you get one of the first batches and you do not realise at the time of purchasing, then that could be a problem in the future as who knows how long these miners will last.

KNC titans were a problem too if i recall..
legendary
Activity: 910
Merit: 1000
Invested in some X11 today as i missed out on the first release. Hoping for some better results than their SHA hashes..they stopped paying those out 2 months ago..lol
Not completely though, was just the older contracts which unfortunately died just a week or two just before BTC price went up.

Those on 0.0015 USD or 0.0012 USD maintenance fee contracts are fine.
POM
sr. member
Activity: 547
Merit: 254
Invested in some X11 today as i missed out on the first release. Hoping for some better results than their SHA hashes..they stopped paying those out 2 months ago..lol
legendary
Activity: 1890
Merit: 1031
GM is the real deal.  Used there service from day 2, no complains.

The X11 is great! love it!
full member
Activity: 178
Merit: 100
Let's face it : GM is shady. Probably not the way PB mining was because I believe they are mining. But I'm almost sure their reserve is fractionnal. If they don't give their customers the informations we ask for (total hash, pools used, blocks mined), it's definitively because they hide something. I can also show you some miners with a webcam. It doesn't prove anything about the total hashing power I have and I'm running.
This is the case for almost every cloud mining player. Hashnest, Bit-X, CloudMining.website, HashFlare, eobot... no one is different. None will give you total hash power sold and their mining address. Some showing mining firm, some showing vouch from miner manufacturer and some showing payment proof. All of them are practicing fractional reserve mining. Let's face it.

Unfortunately, the more powerful & influential will try to shut your mouth in various way. By negative trust, deleting post etc.

Proofing the hashrate and the amount sold is difficult. There might be some fractional reserve mining here and there, however, I do not think that the more trustworthy ones are really doing it.

I have not followed all posts here, but GM has at least given me enough proof that they are real, endorsements from mining manufacturers (including spondolies IIRC) and videos (btw the GPU farm video is nice). On the other hand some people in the forum behave like idiots.

https://www.reddit.com/r/BitcoinMining/comments/3s5wmh/bitmain_has_misleading_s7_specs_be_careful/

It seems Bitmain is cheating a bit, as well.

On the other hand, which company is not?
full member
Activity: 178
Merit: 100
A information. It is quite possible to find out from where come the coins. Who traced the withdrawals gets easily out which pools GM used. The Hotwallet address is publicly known. It is possible to draw conclusions about how much Hashrate actually exists. Whether the hardware is at GM in the data center or is rented, I can not say.

If it is the only hot wallet. Someone I know is also mining with GM and he gets his payments from a different hot wallet.
full member
Activity: 178
Merit: 100
Let's face it : GM is shady. Probably not the way PB mining was because I believe they are mining. But I'm almost sure their reserve is fractionnal. If they don't give their customers the informations we ask for (total hash, pools used, blocks mined), it's definitively because they hide something. I can also show you some miners with a webcam. It doesn't prove anything about the total hashing power I have and I'm running.
This is the case for almost every cloud mining player. Hashnest, Bit-X, CloudMining.website, HashFlare, eobot... no one is different. None will give you total hash power sold and their mining address. Some showing mining firm, some showing vouch from miner manufacturer and some showing payment proof. All of them are practicing fractional reserve mining. Let's face it.

Unfortunately, the more powerful & influential will try to shut your mouth in various way. By negative trust, deleting post etc.

Proofing the hashrate and the amount sold is difficult. There might be some fractional reserve mining here and there, however, I do not think that the more trustworthy ones are really doing it.

I have not followed all posts here, but GM has at least given me enough proof that they are real, endorsements from mining manufacturers (including spondolies IIRC) and videos (btw the GPU farm video is nice). On the other hand some people in the forum behave like idiots.
sr. member
Activity: 420
Merit: 500
A information. It is quite possible to find out from where come the coins. Who traced the withdrawals gets easily out which pools GM used. The Hotwallet address is publicly known. It is possible to draw conclusions about how much Hashrate actually exists. Whether the hardware is at GM in the data center or is rented, I can not say.
full member
Activity: 164
Merit: 100
Let's face it : GM is shady. Probably not the way PB mining was because I believe they are mining. But I'm almost sure their reserve is fractionnal. If they don't give their customers the informations we ask for (total hash, pools used, blocks mined), it's definitively because they hide something. I can also show you some miners with a webcam. It doesn't prove anything about the total hashing power I have and I'm running.
This is the case for almost every cloud mining player. Hashnest, Bit-X, CloudMining.website, HashFlare, eobot... no one is different. None will give you total hash power sold and their mining address. Some showing mining firm, some showing vouch from miner manufacturer and some showing payment proof. All of them are practicing fractional reserve mining. Let's face it.

Unfortunately, the more powerful & influential will try to shut your mouth in various way. By negative trust, deleting post etc.
full member
Activity: 178
Merit: 100
Here is a video showing one of our most recent X11 build outs.

Click https://www.youtube.com/watch?v=RqEgF7NCJ-0.


Wow! Great video!
sr. member
Activity: 430
Merit: 250
Hello miners!

After selling out of X11 contracts, we are pleased to inform you that we are now back up and running and contracts are once again available for purchase!

Since the demand for X11 exceeded our estimation by far and we want to ensure to be able to serve the maximum amount of customers, all X11 orders will be limited to 100 MHs per contract. We are ramping up more capacity continuously but please understand that this is necessary in order to let the most of you enjoy the benefits of X11 and use the capacity for as much users as possible.

We are extremely excited about the potential for X11 mining and so far, our customers have provided excellent feedback about the results.

Here is a video showing one of our most recent X11 build outs.

Click https://www.youtube.com/watch?v=RqEgF7NCJ-0.




As always, thanks for being a customer. We now proudly serve over 80,000 customers and we look forward to continuing to serve you all.

Sincerely,

Marco Streng
legendary
Activity: 1890
Merit: 1031
Genesis Mining is Selling X11 again!!!!
Get it for it`s sold out! And it`s Sold out!  Cry
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