Quote from: MacDuro on October 30, 2014, 04:59:39 AM

Quote from: ronnyraeder on October 29, 2014, 09:44:59 PM

Quote from: MacDuro on October 20, 2014, 08:58:43 PM

Quote from: IanFoxley on October 20, 2014, 03:29:50 PM

Day 36 comparison of payments with Genesis Mining and GAW Miners Hashlets.

Payments were as follows:
http://youtu.be/--xm6Xidt_w

Genesis Mining 10 GH/s contract 0.00011758 BTC
Gaw Miners Genesis Hashlet 15 GH/s 0.00012120 BTC

Genesis Mining 1 MH/s contract 0.00023378 BTC
GAW Waffle Hashlet 0.00012797 BTC
GAW Zen Hashlet 0.00018018 BTC

Right now Genesis wins GAW , specially since Genesis lowered the fees .

https://hashtalk.org/topic/12934/genesis-mining-changed-the-daily-fee/46

Wrong! they just doubled their fee from USD 0.01 per 10 GH/s and day--> USD 0.02 per 10 GH/s and day.. so while their "per GH/s" prices is going down, they at the same time shortening their "lifetime" contract. (just on new contracts of course)

What does "lifetime" contract mean
Modified on: Wed, 15 Oct, 2014 at 8:56 am

As per the contract:

The contract can be terminated in case the daily mining return are lower than the maintenance fee for at least 20 days in a row.

And in 200 days+ you actualy would be better of with their "OLD" 9.99 USD per 10GH/s price then their new wonderful 7.99 USD per 10GH/s (as their new maintenance fee came with the new pricing)

So...... They atualy increased their prices?? While tricking their customers into believing they lowered it??? Ohh yeah!
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At other forums people are saying that Genesis mining lowered the fees

Sha 256 0.01 USD per 10GH/s, was 0.01 USD per 5 GH/s
Scrypt 0.05 USD per MH, was 0.08 USD per MH.

Can you confirm that they doubled the fee now ? , can someone with a Genesis Mining contract tell what are the fees ? . Thx .
[/quote]

I have asked genesis, waiting for there response.