Any extra benefit if join under someone for Genesis Mining?
Wanna try the 100MH/s, but scared close shop....
Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.
Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.
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Jun 14 2017, 01:23 PM
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Senior Member
1,433 posts Joined: Oct 2004 |
Any extra benefit if join under someone for Genesis Mining?
Wanna try the 100MH/s, but scared close shop.... |
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Jun 14 2017, 01:24 PM
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Senior Member
1,683 posts Joined: Dec 2011 |
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Jun 14 2017, 01:25 PM
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All Stars
15,192 posts Joined: Oct 2004 |
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Jun 14 2017, 01:25 PM
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Senior Member
1,727 posts Joined: Nov 2004 From: Planet Earth |
QUOTE(BallSmasher @ Jun 14 2017, 01:19 PM) I guess mostly all bought that ...but under the Genesis configuration you can also allocate percentage to mine other coins.BTC ZEC REP ETC STEEM I guess they do like this is for when mining on ETH is not profitable already you can switch to mine other coins which i did for the 0.2TH bitcoin package i bought. Mining on BTC is not profitable on Genesis if you bought 0.2TH so can switch to mine other coins which i trying on Litecoin This post has been edited by cofin: Jun 14 2017, 01:27 PM |
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Jun 14 2017, 01:28 PM
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Senior Member
701 posts Joined: Jan 2011 |
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Jun 14 2017, 01:34 PM
Show posts by this member only | IPv6 | Post
#586
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Senior Member
4,333 posts Joined: Jan 2003 |
QUOTE(cofin @ Jun 14 2017, 01:18 PM) Another thing i learn today .... if you allocate your miner to mine other coin please make sure you set at least 5% allocation on your previous coin in order to receive the previous coin payout. Wah! You started playing around with Mining Allocation already.My bitcoin wont payout because i change all to mine Litecoin ....then only found out need to set at least 5% on bitcoin only will payout my bitcoin I haven't started yet. |
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Jun 14 2017, 01:36 PM
Show posts by this member only | IPv6 | Post
#587
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Senior Member
1,217 posts Joined: Mar 2016 |
Why only miners here today?
Where are the traders? |
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Jun 14 2017, 01:37 PM
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Senior Member
1,727 posts Joined: Nov 2004 From: Planet Earth |
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Jun 14 2017, 01:41 PM
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Junior Member
471 posts Joined: Mar 2012 |
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Jun 14 2017, 01:41 PM
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Senior Member
701 posts Joined: Jan 2011 |
QUOTE(thesnake @ Jun 14 2017, 01:19 PM) guys, im waititng for TenX token sale, is it they only accept ETH? if so how to know what is their minimum rate? I might be wrong as I am not well verse in ICO since newbie here1ETH for 350PAY as writen in their whitepaper https://www.tenx.tech/ Although I don't see any instructions on how to transfer my ETH to them |
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Jun 14 2017, 01:43 PM
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Senior Member
1,011 posts Joined: Nov 2006 |
QUOTE(thesnake @ Jun 14 2017, 01:19 PM) guys, im waititng for TenX token sale, is it they only accept ETH? if so how to know what is their minimum rate? Mininum 0.05 ETH for the June 24th token sale But be advised, this will be heavily swamped. So if you're serious about acquiring the cheapest token possible, pay the premium in fees, it'll be worth it once you flip some on the exchanges. I recommend setting 100Gwei ($50 at $397 ETH) for gas price and preset the transaction on the starting block/time. This post has been edited by WooTz: Jun 14 2017, 01:51 PM |
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Jun 14 2017, 01:46 PM
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Senior Member
1,727 posts Joined: Nov 2004 From: Planet Earth |
QUOTE(BallSmasher @ Jun 14 2017, 01:41 PM) can i ask this Open-Ended Bitcoin Mining package no limit isit? coz like other package got write year. this 1 no? Only bitcoin on genesis mining no expiry ... if you mine until not profitable your contract will be cut by them.but i guess it also should be around 2 years time ....coz if you google 2 years ago Genesis mining package its all on GH only and now they are selling TH. |
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Jun 14 2017, 01:46 PM
Show posts by this member only | IPv6 | Post
#593
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Senior Member
4,333 posts Joined: Jan 2003 |
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Jun 14 2017, 01:47 PM
Show posts by this member only | IPv6 | Post
#594
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Senior Member
4,333 posts Joined: Jan 2003 |
QUOTE(cofin @ Jun 14 2017, 01:46 PM) Only bitcoin on genesis mining no expiry ... if you mine until not profitable your contract will be cut by them. Not only Genesis, but HashFlare also have open-ended bitcoin mining contracts.but i guess it also should be around 2 years time ....coz if you google 2 years ago Genesis mining package its all on GH only and now they are selling TH. These are the top two cloud mining companies in the world. |
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Jun 14 2017, 01:48 PM
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Junior Member
471 posts Joined: Mar 2012 |
QUOTE(cofin @ Jun 14 2017, 01:46 PM) Only bitcoin on genesis mining no expiry ... if you mine until not profitable your contract will be cut by them. so lets say if i find its not profits on mining bitcoin, and i change it to ETH. would they still cut my contract? sorry kinda new to this cloud mining. and truth be told, im testing on low amount. 0.35TH/s $55.92 with 3% discountbut i guess it also should be around 2 years time ....coz if you google 2 years ago Genesis mining package its all on GH only and now they are selling TH. |
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Jun 14 2017, 01:52 PM
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All Stars
15,192 posts Joined: Oct 2004 |
It is good if we can have another thread that discuss about mining.
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Jun 14 2017, 01:54 PM
Show posts by this member only | IPv6 | Post
#597
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Senior Member
1,217 posts Joined: Mar 2016 |
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Jun 14 2017, 01:56 PM
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Senior Member
1,727 posts Joined: Nov 2004 From: Planet Earth |
QUOTE(BallSmasher @ Jun 14 2017, 01:48 PM) so lets say if i find its not profits on mining bitcoin, and i change it to ETH. would they still cut my contract? sorry kinda new to this cloud mining. and truth be told, im testing on low amount. 0.35TH/s $55.92 with 3% discount the bitcoin package cant mine ETH ....but ETH package can mine Bitcoin.would they cut i'm not sure but what i am doing now is i switch from mining bitcoin to litecoin (i guess its profitable because no maintenance fee like bitcoin?) but if they dont cut by that time and you mine other coins i guess also would be like 0.0000001usd per day and yourself also gave up on it I dont recommend their bitcoin package ...i calculate already and you need 6 months to break-even Their ETH only need 3 months to break-even .... This cloud mining i dont really trust them ...better choose the one can break-even as soon as possible This post has been edited by cofin: Jun 14 2017, 02:01 PM |
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Jun 14 2017, 02:04 PM
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Junior Member
145 posts Joined: Feb 2007 |
wow, u guys throw so much into cloud mining, what gonna happen if eth switch to pos?
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Jun 14 2017, 02:07 PM
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All Stars
15,192 posts Joined: Oct 2004 |
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