Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.
Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.
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Jun 16 2017, 06:47 PM
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#21
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Senior Member
1,217 posts Joined: Mar 2016 |
ETH is above 350 already.
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Jun 17 2017, 08:09 AM
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#22
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Senior Member
1,217 posts Joined: Mar 2016 |
QUOTE(raynman @ Jun 17 2017, 01:15 AM) For those having Ethereum mining contracts with Genesis, I would like to share with you on what they will do with your contract Noted with thanks.once Ethereum switches over from the present Proof-of-Work protocol to Proof-of-Stake (PoS). Very fast response from the Support Team. » Click to show Spoiler - click again to hide... « It is very reassuring to know that Genesis will not leave us high and dry or terminate our contract when Ethereum switches over to PoS. |
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Jun 17 2017, 09:18 AM
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#23
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1,217 posts Joined: Mar 2016 |
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Jun 17 2017, 10:59 AM
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#24
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Senior Member
1,217 posts Joined: Mar 2016 |
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Jun 17 2017, 08:44 PM
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#25
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Senior Member
1,217 posts Joined: Mar 2016 |
Wah! So you and jack2 will be receiving your Ethers daily because the payout exceeds the minimum required for transfer to wallet.
Of course, this happens after the one-month waiting period. |
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Jun 17 2017, 08:46 PM
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#26
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Senior Member
1,217 posts Joined: Mar 2016 |
I have to accumulate until don't know how many days before it meets the minimum required for transfer.
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Jun 17 2017, 08:53 PM
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#27
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1,217 posts Joined: Mar 2016 |
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Jun 17 2017, 09:06 PM
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#28
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Senior Member
1,217 posts Joined: Mar 2016 |
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Jun 17 2017, 09:08 PM
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#29
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Senior Member
1,217 posts Joined: Mar 2016 |
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Jun 17 2017, 09:13 PM
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#30
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Senior Member
1,217 posts Joined: Mar 2016 |
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Jun 17 2017, 10:56 PM
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#31
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Senior Member
1,217 posts Joined: Mar 2016 |
QUOTE(raynman @ Jun 17 2017, 10:52 PM) For those with 2-year Ethereum mining contracts with Genesis, have no fear. about your contracts being re-purposed to mine other altcoins. Can sleep soundly tonight. We will still be continuing to mine Ethers even as we transition from PoW to Hybrid PoW/PoS, and finally to full PoS. This process will definitely take more than two years. Buterin didn't even officially announce any firm date for full PoS implementation. ![]() |
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Jun 17 2017, 11:58 PM
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#32
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Senior Member
1,217 posts Joined: Mar 2016 |
Haha! Solo mining rig owners are joining in the fun.
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Jun 18 2017, 08:34 AM
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#33
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Senior Member
1,217 posts Joined: Mar 2016 |
Is there such a thing as a cloud mining whale?
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Jun 18 2017, 07:02 PM
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#34
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Senior Member
1,217 posts Joined: Mar 2016 |
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Jun 19 2017, 09:27 AM
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#35
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Senior Member
1,217 posts Joined: Mar 2016 |
QUOTE(raynman @ Jun 19 2017, 09:16 AM) Good morning. You are buying mining contracts everyday. All more than RM10K each. Today I purchased a Lifetime Bitcoin 200MH/s mining contract with Hashflare. This uses the Scrypt algorithm to mine Litecoin and the output converted to Bitcoin at the prevailing LTC/BTC rate. This contract doesn't expire. Mining will be stopped temporarily if the daily output is not sufficient to cover the daily maintenance/electricity cost. The contract will resume once it is profitable again. It is a good choice for those who desire a passive income stream from the contract. The price is only $2,700. If all goes well, I plan to purchase another contract for $2,700 after the 1st August 2017 issue settles down. ![]() |
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Jun 19 2017, 03:33 PM
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#36
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Senior Member
1,217 posts Joined: Mar 2016 |
QUOTE(raynman @ Jun 19 2017, 09:16 AM) Good morning. I took the plunge and subscribed to 20 MH/s Lifetime Bitcoin mining contract with Hashflare using your referral code for a 10% discount.Today I purchased a Lifetime Bitcoin 200MH/s mining contract with Hashflare. This uses the Scrypt algorithm to mine Litecoin and the output converted to Bitcoin at the prevailing LTC/BTC rate. This contract doesn't expire. Mining will be stopped temporarily if the daily output is not sufficient to cover the daily maintenance/electricity cost. The contract will resume once it is profitable again. It is a good choice for those who desire a passive income stream from the contract. The price is only $2,700. If all goes well, I plan to purchase another contract for $2,700 after the 1st August 2017 issue settles down. ![]() Price is $270. $243 after 10% discount. You should get $27 in bitcoin as referral bonus. I know, I know, the amount is very small compared to your contract price. I just follow you, since you have done the research. |
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Jun 19 2017, 05:03 PM
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#37
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Senior Member
1,217 posts Joined: Mar 2016 |
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Jun 19 2017, 05:06 PM
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#38
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Senior Member
1,217 posts Joined: Mar 2016 |
I notice there are three distinct groups here.
The traders, the solo miners and the cloud miners. |
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Jun 19 2017, 09:09 PM
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#39
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Senior Member
1,217 posts Joined: Mar 2016 |
QUOTE(raynman @ Jun 19 2017, 08:58 PM) Like I said earlier, there are three distinct groups here.Traders, Solo Miners and Cloud Miners. Each of them talk about completely different things. That is why it is so confusing to try and follow the discussions here. They are all mixed up together. |
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Jun 24 2017, 06:16 PM
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#40
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Senior Member
1,217 posts Joined: Mar 2016 |
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