Quote from: Genesis-Mining on September 23, 2015, 09:01:39 AM

Quote from: Glucose on September 23, 2015, 08:38:47 AM

Instead of deleting my posts, why don't you show to the world how much I paid your company and how much I "mined" ?

Why can't you prove I'm wrong when I'm saying no body will ROI with you ? Face my posts instead of deleting it.

We have already explained to you why your payouts are what they are, because your contracts have reached a point where the daily fee is more than the payouts. A 2 USD per TH/s fee per day when mining Bitcoin at the moment brings under 2 USD a day.

We have mainly 3 different contracts out there with 3 different maintenance fees.

SHA 256 contracts started around September a year ago, these contracts were either 0.02 USD per 10GH/s and then later on 0.01 USD per 5GH/s but both these are equivalent to 0.002 USD per GH/s per day or 2 USD per TH/s. This maintenance fee lasted until late January 2015 when we introduced lower maintenance fees going forward of 0.0015 USD per GH/s or 1.50 USD per TH/s. Then last week we lowered the fees again and going forward fees are now 0.0012 USD per GH/s per day or 1.20 USD per TH/s.

As you know or should know, we deduct a daily maintenance fee from the generated coins that covers all ongoing costs like electricity costs, cooling, maintenance work and hosting services. If the ongoing costs exceed the mined coins, there is no point in mining anymore - since you as a customer would have to pay more for the mining than you actually get out of it. We don't charge you for this difference. Then as it is written in the terms which have to be agreed to before any hashpower is purchased, if this carries on for 20 preceeding days then the contracts are terminated.

We have many users who have many types of contracts in their accounts covering all the fees mentioned above so because of this they are still getting positive payouts.

Genesis Mining

@Genesis Mining
what do you think about getting your early customers from their 0,002$/GH/D fee contract to the new 0,0012$/GH/D fee contracts. In my opinion this would be advisable, feasible and fair towards your early adopters (besides that, good marketing).

Let us know your thoughts.

Kind regards,
elrippo