Topic: Has anyone tried scrypt mining in the cloud ? Try Genesis-Mining.com (Read 11095 times)

Genesis Mining Update :

We would like to tell you some good news here at Genesis Mining.

Three weeks ago we were running out of Scrypt miners and had to stop selling Scrypt hashpower. We are now happy that Scrypt is back in town!

The amount will be limited for now, but more miners are on their way to our facilities. We use the latest available technology and are therefore able to offer lower prices than ever before:

They now start at 19.98 USD for 2 MH/s

Pricing are as follows

Gold 2 MH/s  USD 19.98 at $9.99 per MH/s Use code UMANO_17 and get additional 3% off on this price


Platinum 20 MH/s USD 195 at $9.75 per MH/s Use code UMANO_17 and get additional 3% off on this price


Diamond 100 MH/s USD 949 at $9.49 per MH/s Use code UMANO_17 and get additional 3% off on this price


Our daily maintenance fee for these new Scrypt contracts are 0.04 USD per MH/s.

As some of you have noticed, we have recently introduced WorldCoin as a choice for our Scrypt miners as well.

Happy Mining everyone!

Quote from: Genesis-Mining on September 10, 2014, 04:42:05 PM

Dear Community,

We worked hard within the last days to be able to make this announcement:
Thanks to our partnership with the hardware manufacturers we are able to lower the price for hashpower (scrypt and sha) to a level not seen before in the market.
We are also glad to tell you that we expanded our yearly contracts to lifetime contracts so that you can keep the purchased hashpower without any expiration.
For all of our devoted customers who supported us from the beginning on we want to say thank you! This has never been possible without you:

All customers who purchased yearly contracts from us get a free upgrade to lifetime contracts after expiration!


Our new rock bottom prices are the following:


Scrypt:

Gold      :   1 Mh/s    -  17.99 USD (17.99 USD per Mh/s) Use promocode UMANO_17 for a 3 % discount
Platinum :  20 Mh/s   -    339 USD (16.99 USD per Mh/s) Use promocode UMANO_17 for a 3 % discount
Diamond : 100 Mh/s -  1,499 USD (14.99 USD per Mh/s) Use promocode UMANO_17 for a 3 % discount


SHA:

Gold       :    10 Gh/s      -    9.99 USD (9.99 cents per Gh/s) Use promocode UMANO_17 for a 3 % discount
Platinum  :  1000 Gh/s    -    989  USD (9.89 cents per Gh/s) Use promocode UMANO_17 for a 3 % discount
Diamond  :10,000 Gh/s  -    9790 USD (9.79 cents per Gh/s) Use promocode UMANO_17 for a 3 % discount


We currently have a lot of new features in the pipeline we are eager to announce! Stay tuned for the upcoming times. It will be great!

Your Genesis Mining Team

New prices for Scrypt mining one year contract,

1 Megahash for USD 49.00, was USD 98.00  Use my promocode UMANO_17 for a 3 % discount -> USD 47.53

2 Megahash for USD 98.00, was USD 158.00 Use my promocode UMANO_17 for a 3 % discount -> USD 95.06

20 Megahash for USD 880.00, was USD 1380.00   Use my my promocode UMANO_17 for a 3% discount -> USD 853.60

100 Megahash for USD 3390.00, was USD 5900.00  Use my promocode UMANO_17 for a 3% discount -> USD 3783.00

SEE BELOW FOR LATEST PRICES

Genesis Mining has introduced SHA256 mining contracts.

You will get a maximum discount of 3% for buying these contracts too with UMANO_17 code.

More news here.

Watch GM's ZeusMiners (ASICS) in operation in their Iceland farm.

https://bitcointalksearch.org/topic/m.8395510

Post from GM from the official thread,

Dear all,

we wanted to make our big announcement today and introduce the mining of X11 and SHA256 as well as a whole new user Interface.

Unfortunately we are facing technical difficulties stopping us from releasing now.
We want to deliver a 100% working product, which is not possible right now. We decided to postpone the introduction of the new features by at least a week to have a completely working product to offer.

We are sorry for the delay!

For the meantime, we will start a meme and poem competition on reddit!
It will start at latest by tomorrow.

As it has been mentioned, Monero has won the coinpoll and will be added! We currently modify our systems for they work properly with the different RPC of Monero.

Best regards,
the Genesis Mining Team

Scrypt mining are no more profitable

Interview with Marco Streng, CEO of Geneis Mining. Watch here or alternatively here.

Genesis Mining is working on some heavy developments these days and in their continuous pursuit of bringing innovation to scrypt mining they are introducing new coins frequently. They have slashed their prices recently which means that you can buy more hash power for less. Also all contracts is now lifetime. The new prices are as below,

1 Megahash for USD 17.99, was USD 49.00  With my promocode UMANO_17     USD 17.45

2 Megahash for USD 35.98, was USD 98.00  With my promocode UMANO_17    USD 34.90

20 Megahash for USD 339.00, was USD 880.00   With my promocode UMANO_17  USD 328.83

100 Megahash for USD 1.499,00, was USD 3,900.00 With my promocode UMANO_17    USD 1,454,03

No additional prices or fees and they have included maintenance, electricity costs etc. There is an option called Custom which will allow you to select as low as 1 Mega Hash.

List of coins that you can mine is,

Auto Trading with payout in BTC -- GM mines the profitable coins and convert to BTC for you.
Auto Trading with payout in DRK --  GM mines the profitable coins and convert to DRK for you.
Auto Trading with payout in RDD --  GM mines the profitable coins and convert to RDD for you.
Blackcoin -- Recently introduced and they mine in Blackcoin official pool.
Dogecoin
Aurora Coin
Reddcoin
Litecoin
Megacoin
Lottocoin
Feathercoin
Monerocoin -- GM will add this soon. This was selected based on Voting.
NovaCoin NVC -- Added on 16th Aug, 2014
Potcoin -- Added on 2nd Sep, 2014

You can start by a trial account and if you are satisfied with the outcome you can continue to mine. They have a money back policy of 5 days (minus mined coins) if you are not happy with them.

Genesis Mining have now added BlackCoin, the greenest possible crypto currency available. Due to its 1% compound interest rate, the currency is subject to an extremely low inflation rate. Hope the price soars!!

Another coin to be available for mining is about to be added. No word which one yet.

Regards,
Vaisajne

Thanks guys who have used my referral code for signing up with GM. Happy mining!!

3 % discount when you join Genesis Mining. Use Promo Code : UMANO_17

Regards,
Vaisajne

Would be really interested to know which cloud mining provider is giving 1 Mh/s for $25. Please can those details be shared with the wider community.

Great news : Genesis mining have slashed their prices to as low as 9.4 cents per Kh. Use UMANO_17 for 3% discount when you join with Genesis-Mining.

If you are serious about scrypt cloud mining and would like to ROI best to stay away from Genesis Mining. They sell overpriced contracts with mediocre returns. There are much better deals out there for anyone who takes the time to search. There is absolutely no reason to spend over $80 per mH for hosted scrypt mining, and there are reputable companies selling for as little as $25 per mH, one fourth the cost of Genesis Mining.

i only saw some satisfied comments from users on bitcointalk, and read this : http://cryptomining-blog.com/2706-trying-out-the-genesis-mining-scrypt-cloud-mining-service/
this blog is pretty cool, they are testing everything and share their experiences

GENESIS-MINING is a new and very promising Scrypt cloud mining provider. They claim to be the largest Scrypt cloud mining provider.

I had recently purchased some hash power from them and did receive payouts from day one. They have a great customer care support who answered all my queries and cleared all my apprehensions. You can read about them in this forum https://bitcointalksearch.org/topic/genesis-miningcom-worlds-leading-hashpower-provider-602022, http://www.coindesk.com/mining-roundup-walmart-bfgminer-altcoins-cloud/ and google for more details. See www.genesis-mining.com and more here https://cloudmining.guru/wp/genesis-mining-com/ . Again not to forget, this goes without saying, please invest only that amount of money which you can afford to loose.

PS : See my signature for a promo code to get 3% discount while joining Genesis. Their referral system is beneficial to both referrer as referred person. The referred person gets a discount when buying hash rate, and the referrer gets bonus hash rate based on how much the referred person has bought. That promo code has been given to a limited amount of people. The more people use a certain code, the bigger the discount may get.

When ordering hash rate at Genesis-Mining, there’s a field for promo code. Select the amount of hashrate you want to purchase (minimum currently is 1Mhs if you choose Custom!) and use the following promo code for a 3% discount: UMANO_17