Post
Topic
Board Service Discussion (Altcoins)
Re: Genesis Mining vs GAW Mining, Spondoolies, Hashnest and Mining Sweden updates
by
speedt_ouch
on 02/10/2015, 08:54:37 UTC
Genesis Mining added X11 contracts today so now users can mine Dash and Start coin which are both X11 coins natively.

There is also a BTC (AUTO) option so this means that if you allocate hashpower to this, then they take the most profitable coin which can be either Dash or Start depending on which is more profitable during the day I would guess and then at payout time they trade your Dash or Start coin payout to BTC and pay out as Bitcoin.

This seems quite interesting so have purchased 1 MH/s X11 and set it to BTC (AUTO) to compare the payouts.

The price of 1 MH/s is almost 24 USD which is slightly more expensive than 50 GH/s SHA 256.

The difference is also that X11 contracts are 1 year only but do not include any maintenance fees so there is no extra coming from your payout each day.

So I will add these to the payouts from tomorrow and it will be interesting to see if purchasing X11 will be more profitable than buying SHA 256 hashpower.

I have also purchased 2 other contracts and allocated 1 MH/s each to Start and 1 MH/s to Dash, so I can list those payouts too if you like.

Give me feedback!

Thanks

Ian

Thanks.
Ill be looking at your thread to check the results