Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hashpower provider!
by
Wintermute
on 05/02/2016, 16:00:55 UTC
Hi Genesis Mining community.

Just to let you know that Ethereum contracts have been very popular and we are now sold out of them.

We will let you know when they are back again.

Genesis Mining.



I was surprised to realize that my payouts from the mining contract have reduced drastically. About a month ago, I was receiving around 0.00075000btc and now am receiving 0.00008000 btc. What could be cause for this drastic drop?

You are probably referring to a Bitcoin contract, right?

The Bitcoin contracts suffer from a relatively low Bitcoin price and because difficulty increased by a huge amount in the last two months. Difficulty before was slowly rising, but the last two months really killed payouts Sad

https://bitcoinwisdom.com/bitcoin/difficulty

I certainly did not forsee that Bitcoin difficulty would increase that much, but preferred investing in X11 / Ether for a long time. X11 hashrate is not increasing in such an insane way and the Dash price is doing very well (Ether is even better!).