Quote from: IanFoxley on September 10, 2014, 06:35:28 PM

Quote from: IanFoxley on September 10, 2014, 05:24:28 PM

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)
Platinum : 20 Mh/s - 339 USD (16.99 USD per Mh/s)
Diamond : 100 Mh/s - 1,499 USD (14.99 USD per Mh/s)

SHA:

Gold : 10 Gh/s - 9.99 USD (9.99 cents per Gh/s)
Platinum : 1000 Gh/s - 989 USD (9.89 cents per Gh/s)
Diamond :10,000 Gh/s - 9790 USD (9.79 cents per Gh/s)

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

Super news! Yay!

Have PM'd you guys!

I was just looking at the contracts now.

There is a part about having to pay fees now each day. Is this the same as before or is this a new cost now because the contracts are now lifetime?

2. Remuneration
As a consideration for the Services the Customer agrees to pay to the Service Provider an amount of (the "Fee"):
a. 0.01795 USD per kH/s upfront
b. 0.08 USD per MH/s and day, deducted on a daily basis* from the generated Coins

Is this for new contracts only and will those who have the yearly contracts not have this fee in place until the year is up and they get moved automatically to the new unlimited one??

Thanks in advance.

Ian

A very valid query by CK. Any updates on this GM ?