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Post
Topic
Board Mining (Deutsch)
Re: Erfahrungen mit Genesis-Mining
by
crawler
on 27/01/2015, 06:50:44 UTC
In dem englischen Thread hatte ich vor einiger Zeit folgendes geschrieben:

-----
I think most of us know the risk of such investments, thats truely not gms "fault"

BUT

they sold contracts where they possibly knew that the customers wont ever roi, just in focus their own profit.
im not a maths prof, i trusted them and the community. they are not adding more coins or give us a goodie, what i see are just some posing posts/pictures

yes , id call that scam!
-----

Dieser Beitrag wurde anstatt darauf einzugehen binnen kürzester Zeit gelöscht. Denkt euch euren Teil...
Ich würde da ja gerne mal anklopfen, so rein privater Natur
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 23/01/2015, 18:59:50 UTC
I converted the whole lifetime scrypt contracts to SHA256
I dont expect any increasing altcoins, and even if it happens, contracts would probably be already closed.

We will see
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 21/01/2015, 20:35:22 UTC
This offer seems to be better then nothing ANDsth i have been waiting for

That means we can choose between two ways :

Stay on Scrypt and possibly loose our contracts within the next days or weeks
Switch to SHA with all its consequences

Yes, the conversion is very "expensive"

Are SHA payouts stable ?

I tend to switch, but the ratio should be more like scrypt 1:5 sha or at least more than just 1:1...
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 15/01/2015, 20:27:32 UTC
In the beginning of 2015 ive had some single days without payout, but now there are two consecutive days @ 20mh scrypt... looks bad
another small contract didnt payout for over 10 days now...

the oldest contract without fees is paying out around 0,00025, dropping down very slowly, but im sure itll keep on going for a while.

the end seems to be near

Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 22/12/2014, 13:16:39 UTC
this was on the 18th this month.

18.12.2014      BTC      0.00000000

not enough to pay out - 2,5mh scrypt

yes, situation is the same, but not as far as others
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 19/12/2014, 20:35:42 UTC
as u can see in another users qoute (may be now you cannot Wink ), i wrote something our threadstarter didnt like to read.
unfortunately my post was deleted. it seems to be the easier way just to delete thinks one doesnt like to hear instead of commenting. thanks to GM Wink


btw

todays payout was 0.00036BTC  -20mh scrypt -  really nice.

quatation from duke:
now im really pissed of  Angry
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 18/12/2014, 23:07:04 UTC
I think most of us know the risk of such investments, thats truely not gms "fault"

BUT

they sold contracts where they possibly knew that the customers wont ever roi, just in focus their own profit.
im not a maths prof, i trusted them and the community. they are not adding more coins or give us a goodie, what i see are just some posing posts/pictures

yes , id call that scam!


I would like to just add my real example. I put some money here in GM in June 08: 0,42910000BTC
.
.
.
As of today, December 18 I received: 0.21294324 BTC

This is pure fact how this works. You never ROI. Please do some calculation before you invest.

We all have had a roi in sight in the days when we invested. today things look different :/
with 20mh scrypt payouts are lower then few month ago with a ONE MH.......

yes, altcoins are down. fees eat the rest. today i received 0.00072 btc / 20MH

maybe SHA256 contracts could possibly roi (if exchange rate rises. fees are too high, i remeber sth around 50% ?! so what...   s...)
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 15/12/2014, 03:03:14 UTC
btw anyone knows what happens if fees eat up the whole payout ? will our contracts be closed ?
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 13/12/2014, 20:53:12 UTC
Creuz - your perception seems to be very optimstic ^^

I am very disappointed, even if i was a richkid id surely not invest again...

the day will come when fees eat up the whole payout. and then ?

Save ur money!

Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 09/12/2014, 20:39:20 UTC
Its the 3rd time on genesis i can see dropping payouts and prices for scrypt hashrate Wink

the 1st mh i bought for about 128€!
payouts dropped fast, followed by dropping hashrate prices. cause for my first try there was no break even in sight, i reinvested the collected btc and some og my money to buy more then 20mh (the newer lifetime fee contracts)

and now ?

wonder wonder, payouts dropping again (and dont stop!)... hashrate becomes a little cheaper and  - speculations - the same sh** starts agein  Embarrassed
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 19/10/2014, 22:05:56 UTC
20MH Scrypt Auto BTC Payout
---------------------------------------

18.10.2014      BTC      0.00386648    

14.10.2014      BTC      0.00437198    

07.10.2014      BTC      0.00535761    

01.10.2014      BTC      0.00801790

As i previously postet, if dropping continues we´re fucked Sad I didnt calculate, but i know ROI seems to be faaaaar away

BTC went back up to ~400$, GM payouts keep going down.
Thanks heaven i did NOT buy any SHA contract (Difficulty changes and so on)
Hope the altcoins will rise soon

LG
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 16/10/2014, 20:01:22 UTC
Genesis Mining are now selling 10GH/s contracts for 7.90 USD Smiley




http://www11.pic-upload.de/16.10.14/7tlb6q4v4q.jpg

This is what i see
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 09/10/2014, 17:52:42 UTC
May be i am little pessimistic...
20MHs contract

01.10.2014      BTC      0.00801790

vs.

08.10.2014      BTC      0.00451441

If dropping continues, we´ll be fucked up...  Sad
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 04/10/2014, 15:47:38 UTC
One thing in my mind since yesterday...
I do scrypt mining and use BTC payout. Altcoins and dollar stay stable - why do my BTC payouts drop ? Shouldnt they rise ?

I am a bit tired these days and may be i just dont understand it  Huh
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 03/10/2014, 21:25:34 UTC
thanks IanFoxley - our internetconnection is very slow - thats why i prefer text Smiley

my payouts are a little weird... yesterday i received

0.00087031 BTC
and
0.00058758 BTC  (1,5MH contract)

1,5MH old contrct
2,0MH new contract
0,5MH affiliate

dont know how the affiliated hashpower works (fees)

lets wait for the next days
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 03/10/2014, 17:35:23 UTC
could someone please post the 1mh scrypt payout from yesterday ?
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 28/09/2014, 17:01:55 UTC
As far as i know all the contracts get the same payout per MH

1 MH Scrypt (Lifetime contract)

27.09.2014      BTC      0.00038361
26.09.2014      BTC      0.00040342
25.09.2014      BTC      0.00044169
24.09.2014      BTC      0.00044423
23.09.2014      BTC      0.00039934
22.09.2014      BTC      0.00041299
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 27/09/2014, 17:45:26 UTC
Hey Smiley

Few minutes ago i received two payments - 0.00000001 BTC  ?! Anyone else the same ?
Post
Topic
Board Mining (Deutsch)
Re: Probleme mit Miner
by
crawler
on 25/09/2014, 22:57:15 UTC
Soviel power im Scrypt Betrieb ? Das kann ich mir net vorstellen
Mit ner 9800er? neee  - im Sha256 Betrieb kommt das eher hin aber nicht Scrypt
Da schafft meine 5970 netmal 1Mh ^^
Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
crawler
on 24/09/2014, 12:47:28 UTC
Well, I took 1MH as a test.
I did plan to invest more, but with current trend, it's a no-go for me.
Who knows.. maybe I'm wrong  Roll Eyes

before those heavy dropped prices, few months ago i ordered a 1mh contract for ~128€ (!) , although it was converted to 1,5mh i am sure it wont ever roi.
just play with the payouts and reinvested them to buy new lifetime contracts... hope this tactic works an i can get near my invest...
with the new prices it seems to be much better - BUT only if payouts stay stable ...

well, at the beginning of july the 1st contract started, i received payouts around  0.0011xx for a while. after few days the contract was converted to 1,5MH due to new prices - i felt lucky but it didnt last very long.
the payouts were slowly dropping till now i get around  0.0006xx - further dropping...

next week i wanted to invest a "little" more, thought about 25mh scrypt and maybe a little sha256 for testing, but what the hell if the same sh** happens again ? confusing

btw, i bought my 1st contract for testing - thanks heaven i DID NOT invest more...