@Genesis-Mining I’ve never received any responses from support staff. Please check my ticket #72526 and refund all my money as soon as possible.
Don’t invest in their cloud mining ponzi.
They’ve canceled “Deleted” my large BTC “Life-Time” contract after 6 months because BTC dropped to 300 USD. They never showed proof of their calculations where the miner was not profitable for 20 days straight so stay away from these guys.
So i doubled my H/s of my r9 390s using the new 0.4 genoil miner. I hope genesis mining upgrades our contracts, at least double.
You should really investigate further before registering to these things.
I currently run ~800 hash/sec rig and this brings back around 0.001 ZEC every 8-9 hours.
6 H/sec won’t bring you back much, if at all.
Yap, way before any other miner was out there was only zeropond, genesis and zcashd basic miner. No other option.
I wouldn’t buy one now.
I did use my 800 hashes miner to mine from the start and quickly sell those coins at the market so I already covered the $550 loss with genesis
Always diversify.
from my i5-760 cpu I’m able to get around 2-3 hashes/sec. not worth it.
Big Thanks Zcashio!
write here what You use to get 800 hashes… did You rent a powerful server?
Or just give a hint what is worth to do
Thanks again!
No problems
I just have access to a big bunch of computers.
Hey All,
I’m following this thread for a while now and I’m mining with GM.
I received my first payout yesterday and due to the astronomically high price of ZEC it was quite a large return. I would never have expected this and thought that I will first see some significant return maybe middle of November or even after the slow mining start period. This is really cool!
Also reading a lot in the forum and other comparable service providers like Zeropond or Toomim are experiencing difficulties and only pay out fractions or haven’t even paid out at all yet not to mention that their prices were double as high as GMs.
Why this is the case? I don’t know, but maybe because GM is in business since such long time and are experienced in large GPU build outs and the others just started yet.
As I am not a techie I would probably never have been able to get my own rigs to run and especially also run them smoothly without investing a lot of time.
In any case, just wanted to tell you that I am happy mining with you guys and that you did the first payout so quickly.
Thank you for your service!
Merlin
Merlin Joines one hour ago… and posted this exactly one hour ago… mmmmm
I made math and I won’t get my money back, wont break even, not even after 13 months.
GM mined, but the return is too low, I regret cloud mining.
@Genesis-Mining: Can we expect an increase in hash/s at some point? I think it would be fair to your customers. And not doing it, profoundly unfair as none of your customers would have an opportunity to make a ROI, while you’ll have the opportunity to get multiple times the return on your investment. Thank you.
How can you come to this conclusion already after just 1 day of mining?
We are at the beginning of the slow start period and there were only 100 ZEC mined on the first day. The supply is just ramping up and how the total hashrate is growing is completely unpredictable at this stage not even talking about ZEC price.
Doing the maths based on this first payout where the supply per day is just 100 ZEC compared to 7200 ZEC on 1st december is a bit questionable for me.
I think we will all have to see. That cryptocurrencies in general are risky investments shouldn’t be something new.
Merlin
You did your math three days into the slow mining period of a 13 month contract? Can you explain your steps?
o god here we go with GM shill tactics…
all i know is i get 50 sol/s out of ONE PC in my house.
what a scam, as usual from GM…
Hi Merlin,
can You be specific? How much was the return and how many H/S?
Numbers can be checked by other people and so we understand you are not a troll… Thanks!
I have 6 H/S but as i can read here… it’s nothing!
I read here:
with 36 h/s (in 22 hours) the ZEC calculator say 76$ for day… ZEC 0.08177
but reality from people say 0.60 Cents… 0.0029 zec
that’s is a huge difference between dreaming and reality… means with with 6h/s we gain 0.10 Cents a day
Thanks
still no payout obviously there’s a problem on some accounts tech support event confirmed it.
Hello miners!
Payouts are processed once per day, within 24 hours after a mining day. So, for mining day October 29, payout will occur on October 30, before midnight in UTC time. For now that means there’s about 7 hours left at this moment for October 29 payout to occur.
There is a very small number of customers who received nothing for October 28. If that is the case, then please create a ticket so we can help you personally. Either through https://genesismining.freshdesk.com, or via your Genesis Mining account > My Account > Contact Support. We cannot go into details via public forums, we will only do so via the mentioned official support platform.
We have new Zcash hashrate available, but this new batch will launch mining on 1st December 2016. Pricing starts at $29 for 0.6 H/s for 12 months of Zcash mining, same price as the current active hashrate. No additional fees apply.
–
Your Genesis Mining Team
What about the withdrawal when there is no Wallet for ZEC?
Where can i get my payout?
I made a 1% return on initial investment on the first day. Thats not a bad start imo. We wont really know if this was a good investment until after slow start but hey thats crypto folks.
Im using a poloniex address to withdraw zec from GM and its working great if anyone needs a way to withdraw zec I can recommend it.
Tell me then how? How