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Topic: Genesis-mining.com || World's leading hashpower provider! - page 98. (Read 400197 times)

sr. member
Activity: 430
Merit: 250
Hi Genesis Mining community

We would like to announce our 2nd Live Webinar, which is happening today!

We have something BIG to announce during the event. Join the live stream where our CTO, Stefan Schindler will broadcast live from inside one of our mining farms in Iceland! It starts at

• 3 pm EDT (Eastern Daylight Time, US), 20th Aug
• 4 pm BST (Brasília Time), 20th Aug
• 9 pm CET (Central European Time), 20th Aug
• 3 am CTZ (China Time Zone), 21th 20th Aug

We've been planning this idea for over 5 months and it will be the first public announcement regarding what we've been up to!

Reserve your seat here: https://plus.google.com/u/0/events/c8hjdc0ncm4371je8jgltpmc6ec

And mark questions on Twitter with #GenesisLive!

Best Regards
Your Genesis Mining Team
hero member
Activity: 821
Merit: 503
The last payout for 1TH/s after the maintenance fee of 1.50 USD  was deducted was 0.00370060

If I would invest for 6 TH/s, it means I need much money to earn much as well. The rewards is really are very small and the electricity/maintenance still is expensive.

My question is about the accelerated roi contract what is the difference of its reward payout?, thanks.

ATM

Life time contracts are 3/4 of rewards toward fees
1 year contracts are 1/2 rewards toward fees

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legendary
Activity: 910
Merit: 1000
The last payout for 1TH/s after the maintenance fee of 1.50 USD  was deducted was 0.00370060

If I would invest for 6 TH/s, it means I need much money to earn much as well. The rewards is really are very small and the electricity/maintenance still is expensive.

My question is about the accelerated roi contract what is the difference of its reward payout?, thanks.

The payout is just the same as I have both types.. It is just the upfront cost that is cheaper. The fees are the same too.


Ah thanks Ianfoxley, it is clear for me now.

At Hashnest, are the payouts the same as Genesis-mining? Thank you.

You can take a look here
https://bitcointalksearch.org/topic/m.12180859
newbie
Activity: 28
Merit: 0
The last payout for 1TH/s after the maintenance fee of 1.50 USD  was deducted was 0.00370060

If I would invest for 6 TH/s, it means I need much money to earn much as well. The rewards is really are very small and the electricity/maintenance still is expensive.

My question is about the accelerated roi contract what is the difference of its reward payout?, thanks.

The payout is just the same as I have both types.. It is just the upfront cost that is cheaper. The fees are the same too.


Ah thanks Ianfoxley, it is clear for me now.

At Hashnest, are the payouts the same as Genesis-mining? Thank you.
legendary
Activity: 910
Merit: 1000
The last payout for 1TH/s after the maintenance fee of 1.50 USD  was deducted was 0.00370060

If I would invest for 6 TH/s, it means I need much money to earn much as well. The rewards is really are very small and the electricity/maintenance still is expensive.

My question is about the accelerated roi contract what is the difference of its reward payout?, thanks.

The payout is just the same as I have both types.. It is just the upfront cost that is cheaper. The fees are the same too.
newbie
Activity: 28
Merit: 0
The last payout for 1TH/s after the maintenance fee of 1.50 USD  was deducted was 0.00370060

If I would invest for 6 TH/s, it means I need much money to earn much as well. The rewards is really are very small and the electricity/maintenance still is expensive.

My question is about the accelerated roi contract what is the difference of its reward payout?, thanks.
newbie
Activity: 5
Merit: 0
Thanks Ian, you're always very helpful:)!

I try, dont forget to check out my daily payout thread and also my videos although not really updated those for a while.

Yea i have seen them:)
legendary
Activity: 910
Merit: 1000
Thanks Ian, you're always very helpful:)!

I try, dont forget to check out my daily payout thread and also my videos although not really updated those for a while.
newbie
Activity: 5
Merit: 0
Thanks Ian, you're always very helpful:)!
legendary
Activity: 910
Merit: 1000
Anyone has any idea what rate would bitcoin need to drop to in order for genesis mining to consider it not profitable for them to mine?


You can do work it out by going here
https://bitcoinwisdom.com/bitcoin/difficulty

Then enter 1 TH/s into the calculator. THe daily fee for 1TH/s is 1.50, so if you lower the amount in the BTC/USD box down to around 160 USD you will see that with 1TH/s Bitcoin would mine about 1.50 USDs worth of Bitcoin a day which is about the same as the fee. This wont be completely exact though but gives you an idea.. I would think 165 USD would be a safe estimate as sometimes when mining you can good and bad days.

The next difficulty change might be a small drop which might help abit, if Bitcoin keeps dropping in value the hashrate might actually go down abit as it could start becoming more unprofitable to mine and that will lower the difficulty. Only problem is that each difficulty change takes 2 weeks.

Ian
newbie
Activity: 5
Merit: 0
Anyone has any idea what rate would bitcoin need to drop to in order for genesis mining to consider it not profitable for them to mine?
legendary
Activity: 910
Merit: 1000
got my payout today Smiley

is it as usual nominal or lower as usual? (mine is lower as usual)

Yep, like Hashnest etc, the daily maintenance fee can affect payouts if Bitcoin falls in price against USD, EURO etc. So when GM do the payouts they are taking out the fee at the latest BTC/USD exchange rate so if Bitcoin has fallen in value then it affects the amount that is taken for maintenance.

I believe Bitcoin fell under 200 USD earlier today..is hanging around 232 USD on Bitstamp as i write this.  Shocked
newbie
Activity: 15
Merit: 0
got my payout today Smiley

is it as usual nominal or lower as usual? (mine is lower as usual)


it will vary depending on bitcoin's price, difficultly, etc.
there is no exact amount per day.
my payout today was lower due to bitcoin prices, etc. . hopefully it will rise again in the future. Smiley
full member
Activity: 169
Merit: 100
got my payout today Smiley

is it as usual nominal or lower as usual? (mine is lower as usual)
hero member
Activity: 756
Merit: 500
Hows the ROI like for genesis-mining?
newbie
Activity: 15
Merit: 0
got my payout today Smiley
hero member
Activity: 821
Merit: 503
ya just got mine, normally i get it in the mid day anyways was going to remove my post.. till you replied to it Smiley

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legendary
Activity: 1890
Merit: 1031
Humm where is today's payout?

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It`s in my wallet  Smiley
hero member
Activity: 821
Merit: 503
Humm where is today's payout?

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full member
Activity: 154
Merit: 100
I understand that, my question was i have 2 contracts under one account with them will they both be in locked down for 30 days and 0 daily payouts or just the 1 order with cc?

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Icon, We have sent you a PM about this.

Regards

Genesis Mining
Hey by the way what is the ROI for the 'Special' offer Huh i mean that is 1 bitcoin investment so what is the average coins a user can make in that total period ?i know it based on bitcoin price but still there has to be an average.
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