Antminer S7 daily maintenance fee will be half of Genesis Mining or $0.00058/GHS/day. Cost per GH/s will be roughly equal. If you want to pre-order Antminer S7 to hash right now the cost will be $0.40/GHS but you will have to buy hash equal to a full miner or 4860 GHS. Still the best deal around and publicly traded about Oct 10. I see no way Genesis Mining will be able to compete with Hashnest with the significantly lower maintenance fees of S7. And unlike Genesis Mining you can sell your hashing power any time you like.
Hi
Older Genesis Mining contracts have upkeep equal of 0,0004$ per gh/s and the new ones 0,00028$ per gh/s on open ended SHA 256 contracts.
They also just added direct BCH mining so there is a choice which is important because of ever growing difficulty.
I am mining with GM since the beginning of July 2016 and all the contracts are still active.
I cannot say a bad world about them except the fact they are way behind with tickets. This is a result of a security breach which happened about 9 months ago.
In my case I did receive probably about 99.9% of what I should receive. This is a great result if you think that they have to take care of 2 million customers.
i have account at Genesis Mining, why is the miner coin in genesis mining getting smaller?
This is just a matter of luck, difficulty and coin price. They use different mining pools just to diversify. They want to be decentralized as much as possible.