Topic: Genesis-mining.com || World's leading hashpower provider! - page 71. (Read 400197 times)
Up to 10/15/2015...starting a noticeable upswing in the past couple of days.
and why did i still get an payout or something like that 2 days ago=??? Some mistake of you ?
Hi Dead_M92
Please contact our support team and then we can work out which contract you are writing about and the fees etc.
Thanks
Genesis Mining.
Hello dead_m92,
since the price and difficulty situation led to a 0 return in 20 consecutive days the 0.002 USD per GHs per day contracts had to be closed.
If you have any more question regarding this, please don't hesitate to contact our support via [email protected] and you will get individual support!
Your Genesis Mining Team
since the price and difficulty situation led to a 0 return in 20 consecutive days the 0.002 USD per GHs per day contracts had to be closed.
If you have any more question regarding this, please don't hesitate to contact our support via [email protected] and you will get individual support!
Your Genesis Mining Team
and why did i still get an payout or something like that 2 days ago=??? Some mistake of you ?
Hello dead_m92,
since the price and difficulty situation led to a 0 return in 20 consecutive days the 0.002 USD per GHs per day contracts had to be closed.
If you have any more question regarding this, please don't hesitate to contact our support via [email protected] and you will get individual support!
Your Genesis Mining Team
since the price and difficulty situation led to a 0 return in 20 consecutive days the 0.002 USD per GHs per day contracts had to be closed.
If you have any more question regarding this, please don't hesitate to contact our support via [email protected] and you will get individual support!
Your Genesis Mining Team
@genesis mining
could we get a clear statement whats the current status with the old contracts with 20 fee is?
could we get a clear statement whats the current status with the old contracts with 20 fee is?
Up to 10/14/2015...starting to head in the right direction. Difficulty was up just a bit but it wasn't enough to change the line.
They have not finished, I still have the same total number of TH's, and have not received any communication that the contracts would be terminated.
Well officially there has been no news, but if they are supposed to have been terminated after 20 days then 20 days has long since passed. BTC is now at 254 USD and the next difficulty change looks like it might be the same or even a small drop so if my contract tomorrow still has no payout then surely it is finished and that is that.
i got a very little payout on my old contract of 0,00000857 BTC but i have 3 other old contracts no payout there so i dont know i will just wait for tomorrow
They have not finished, I still have the same total number of TH's, and have not received any communication that the contracts would be terminated.
Well officially there has been no news, but if they are supposed to have been terminated after 20 days then 20 days has long since passed. BTC is now at 254 USD and the next difficulty change looks like it might be the same or even a small drop so if my contract tomorrow still has no payout then surely it is finished and that is that.
They have not finished, I still have the same total number of TH's, and have not received any communication that the contracts would be terminated.
Maybe because 60% of my mining is of the 2$/TH/day-type?
Even tho the payments tripled recently, they are stil less then a third of what they were some time ago... But BTC price seems to be recovering slowly, so maybe, just maybe, the numbers will become good again.
I believe that those 2$/TH day contracts have finished now. I have a contract which has those fees and only those fees and thats not had any payouts since Mining Day 17.09.2015.
Maybe because 60% of my mining is of the 2$/TH/day-type?
Even tho the payments tripled recently, they are stil less then a third of what they were some time ago... But BTC price seems to be recovering slowly, so maybe, just maybe, the numbers will become good again.
I have not seen any triple payouts...chart up to 10/13/2015...
I did.
Payouts can triple because the formula for your payouts per day is as follows: (Mining capacity x 1/difficulty x price) - (Mining capacity x fee). Because the difference between the first part of the equation and the second is quite small (the amount you earn is an order lower then the amount you mine), the amount you actually earn can fluctuate quite easily when price or difficulty changes.
Payouts can triple because the formula for your payouts per day is as follows: (Mining capacity x 1/difficulty x price) - (Mining capacity x fee). Because the difference between the first part of the equation and the second is quite small (the amount you earn is an order lower then the amount you mine), the amount you actually earn can fluctuate quite easily when price or difficulty changes.
Payouts have tripled the last couple of days. But more importantly, GM did not cancel my 2$/TH/day contract (yet). I'm very thankful for that.
Why is that? How comes the payouts fluctuate that much?
No idea, my payouts have not tripled as you can see by my thread I post each day. I had extra yesterday for a missing day on one of my accounts.
Perhaps Julian had an extra payout that day too.
I had a double payout yesterday.
This was because on Mining Day 07.10.2015 I had a zero payout and apparently it was a fault so those that were affected got that day paid back yesterday so this might be also why for some of you, you got an extra payout.
Check your Mining Day 07.10.2015 payouts.
My account had a mixture of contracts which had 4 different types of fees in it and i think it was those types of accounts that were affected the most.
My account has fees such as 0.02 USD per 10GH/s 0.01 USD per 5 GH/s, 0.0015 USD per GH/s and 0.0012 USD per GH/s.
This was because on Mining Day 07.10.2015 I had a zero payout and apparently it was a fault so those that were affected got that day paid back yesterday so this might be also why for some of you, you got an extra payout.
Check your Mining Day 07.10.2015 payouts.
My account had a mixture of contracts which had 4 different types of fees in it and i think it was those types of accounts that were affected the most.
My account has fees such as 0.02 USD per 10GH/s 0.01 USD per 5 GH/s, 0.0015 USD per GH/s and 0.0012 USD per GH/s.
Payouts have tripled the last couple of days. But more importantly, GM did not cancel my 2$/TH/day contract (yet). I'm very thankful for that.
Why is that? How comes the payouts fluctuate that much?
Up to 10/12/2015...
Payouts have tripled the last couple of days. But more importantly, GM did not cancel my 2$/TH/day contract (yet). I'm very thankful for that.
Up to 10/11/2015...boring! We will need to see BTC at $300 before this thing will show any real improvement.
GM's payout seems to be falling. I guess it is more worth while to buy your own miners.
Wrong conclusion. With rising difficulty payouts for home miners are dropping, as well.
Mining at home only makes sense if (i) you have free (or very cheap electricity) available and (ii) if you do not take into account the time you spend for setting up and maintaining the machine.
Plus, you might need an electrician to come in and make your home safe and make improvements to your electricity supply if you have lots of miners and also you need to work out cooling as well. If miners get too hot then they dont peform at the best speeds so to cool them down means you would have to underclock them and that means they mine slower.
If you think that a Bitcoin miner is just a box you sit in the corner like an Xbox etc and just turn it on and it hums a little bit, then you have no idea of what it really is like.
When your wife or a girlfriend or perhaps your Mum or even yourself, has a vacuum cleaner on.....it turns off after a few minutes but a Bitcoin miner is like having a vacuum cleaner or a very loud hairdryer on ...all day long 24 hours a day and 7 days a week and it never goes away ...unless you turn it off or throw it out of the window hahaa.....That is just one miner, now imagine a few.
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