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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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SUSdenimblue
post Jun 16 2017, 06:47 PM

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ETH is above 350 already. rclxm9.gif
SUSdenimblue
post Jun 17 2017, 08:09 AM

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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
once Ethereum switches over from the present Proof-of-Work protocol to Proof-of-Stake (PoS).

Very fast response from the Support Team.  thumbsup.gif

» Click to show Spoiler - click again to hide... «

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Noted with thanks.

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. smile.gif

SUSdenimblue
post Jun 17 2017, 09:18 AM

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QUOTE(Chelsea-Fan @ Jun 17 2017, 09:15 AM)
Instantly to your bank account if you withdraw using visa and mastercard options.
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Then how do we withdraw fiat money from our VISA card?

SUSdenimblue
post Jun 17 2017, 10:59 AM

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QUOTE(raynman @ Jun 17 2017, 09:22 AM)
True.

This gives me the confidence to invest another 100MH/s Ethereum contract with them.

Seriously thinking about it.  smile.gif
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I have PMed you my Genesis affiliate code.

Can you please use my code when you decide to make another 100MHz Ethereum contract purchase? tongue.gif

SUSdenimblue
post Jun 17 2017, 08:44 PM

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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.
SUSdenimblue
post Jun 17 2017, 08:46 PM

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I have to accumulate until don't know how many days before it meets the minimum required for transfer. sad.gif
SUSdenimblue
post Jun 17 2017, 08:53 PM

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QUOTE(jack2 @ Jun 17 2017, 08:46 PM)
Yes, after 30 days as we used credit card to pay for the purchase.

Do you want to join us? rolleyes.gif
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I already joined, but on 10MH/s plan only. Yours is ten times the size.

SUSdenimblue
post Jun 17 2017, 09:06 PM

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QUOTE(PrincZe @ Jun 17 2017, 09:04 PM)
never too late to start
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Hopefully sikit-sikit lama-lama jadi bukit. laugh.gif

SUSdenimblue
post Jun 17 2017, 09:08 PM

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QUOTE(PrincZe @ Jun 17 2017, 09:07 PM)
go for it  rclxm9.gif

what have u learnt after reading?
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How come you still haven't join yet? biggrin.gif

SUSdenimblue
post Jun 17 2017, 09:13 PM

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QUOTE(PrincZe @ Jun 17 2017, 09:10 PM)
i mine myown and bought myself own coins.  bye.gif
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That's great!

You have your own rig. thumbsup.gif

SUSdenimblue
post Jun 17 2017, 10:56 PM

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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.

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.

user posted image
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Can sleep soundly tonight. laugh.gif

SUSdenimblue
post Jun 17 2017, 11:58 PM

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Haha! Solo mining rig owners are joining in the fun. thumbup.gif
SUSdenimblue
post Jun 18 2017, 08:34 AM

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Is there such a thing as a cloud mining whale? ohmy.gif
SUSdenimblue
post Jun 18 2017, 07:02 PM

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QUOTE(raynman @ Jun 18 2017, 06:59 PM)
The question is, what should I do with the bitcoin?

I can reinvest it into a lifetime bitcoin mining contract or send to my Luno wallet and cash out in MYR.
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You have a third option.

Donate it to me. biggrin.gif

SUSdenimblue
post Jun 19 2017, 09:27 AM

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QUOTE(raynman @ Jun 19 2017, 09:16 AM)
Good morning.

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. biggrin.gif

user posted image
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You are buying mining contracts everyday. All more than RM10K each. ohmy.gif

SUSdenimblue
post Jun 19 2017, 03:33 PM

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QUOTE(raynman @ Jun 19 2017, 09:16 AM)
Good morning.

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. biggrin.gif

user posted image
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I took the plunge and subscribed to 20 MH/s Lifetime Bitcoin mining contract with Hashflare using your referral code for a 10% discount.

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. tongue.gif

SUSdenimblue
post Jun 19 2017, 05:03 PM

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QUOTE(TheReaderReads @ Jun 19 2017, 05:01 PM)
china has been pumping YUAN into LTC for days

Number 1 coin in CHINA YUAN beating BTC and ETH
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Of course must support Charlie Lee. biggrin.gif

SUSdenimblue
post Jun 19 2017, 05:06 PM

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I notice there are three distinct groups here.

The traders, the solo miners and the cloud miners. biggrin.gif
SUSdenimblue
post Jun 19 2017, 09:09 PM

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QUOTE(raynman @ Jun 19 2017, 08:58 PM)
I guess cloud miners are excluded in your section. laugh.gif
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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.

SUSdenimblue
post Jun 24 2017, 06:16 PM

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QUOTE(thesnake @ Jun 24 2017, 06:12 PM)
most of us are keeping in in the fridge till its time to take it out and put in microwave for consumption. if you know what i mean biggrin.gif
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That's what they normally say to console themselves when the trade goes wrong. laugh.gif


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