wtf dare to buy 2715usd ? i just spend 86usd for 3MH on genesis mining

my first month i get around 32usd back ...still rugi 54usd


BTW ....anyone know how this Litecoin core wallet works ? i receive payment then wallet show nothing ...damn stupid this litecoin core. lucky only 0.70usd worth of litecoin. Now i download LoafWallet for litecoin in IOS looks easier to use.

What i had tested with Genesis Mining Bitcoin is that their bitcoin mining need to take 5 months to ROI

1 whole month i only made 0.00213912BTC which is almost 6usd and investment is 30USD (0.2TH)

then i switch to litecoin for 2 days i get 0.03794783 LTC/ 0.70usd.... and same investment just change it to mine litecoin and in 3 months can ROI already


FxJS5q my 3% code

This post has been edited by cofin: Jun 13 2017, 07:04 PM

I notice that Genesis mining Ethereum mining drop half for the payout compared to what i got 1 month ago.

1 month ago i get 0.00304598 ETH daily while today i see i only get 0.00188076 ETH.

So who join earlier always untung ...

i only try 3MH ...... should be the difficulty has increase.

So this is the risk on cloud mining

If you go see what Genesis Mining selling for their bitcoin ..years back they only selling GH plan while now they are selling TH plans lol

Whoever bought the GH plan sure all dead already

Another thing for Genesis Mining is the payout for ETH ... and i just learn it today.

If your daily payout is less than 0.05 ETH then it will not payout and will try to accumulate till more than 0.05ETH only payout

so buying 1MH will get you a long time till payout

i just made a calculation you need 80 Mh/s to get 0.05 ETH for daily payout in Genesis Mining

for 40 Mh/s you will be getting around 0.025 ETH daily so 2 day payout 1 time

based on the rate i get today


waa rayman so lucky everyone buy using your code

Now we all in Genesis mining boat need to pray that this Genesis Mining dont runaway/chap lap/ close down in 3 months time at least

Because based on my calculation it takes 3 months to breakeven the investment then 21 months is profits

yup ...so need to slowly accumulate till it reach 0.05 then payout. Mine small share then i guess mine only will payout 1 month once. Last month i only get 0.08243528 Eth

Dont worry they really do payout as i got mine in my wallet already.

They can simply go people farm then make a video and scam all of us

Haha...jk jk ...but ok la as i try for a month they do payout.... so far so good

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.

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

This post has been edited by cofin: Jun 14 2017, 01:21 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

Not worth to mine other coin if you buy the ETH package

I only do the allocation on my bitcoin package

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.

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

i tried to invest more on genesis mining 10MH ETH then paid using my maybank debit card then their payment gateway reject my payment Zzzz...

I think i gave up ... just buy another 1070 then put my PC in office and mining eth using company electricity lol

my workstation dual 1060 and company laptop all in mining mode lol when i come to work i can feel the heat from my cubical ...manage to get some from minergate they also paid out pretty fast

hopefully my boss dont see this ....

before this i bought using public bank debit card ....no problem

yet they already charge (pre-authorize) my maybank debit card

i gave up and just place order on another 1070 and mining myself ...

Genesis mining ETH payout also decreasing day by day last month was good to pour in

Everyday getting 0.00316926 , 0.00318794, 0.00301469

Now daily i only get 0.00188076 , 0.00186703 , 0.00182691

one good thing is you no need to worry your PC uptime or what .... then just park there for 2 years

if i mine myself ...then when i go on leave i need to turn off my computer .... impossible i leave it on even i not around sure kena complain

now my colleague also complain why my workstation everyday running full speed then on weekend i need to turn it off but some weekend i just let it run... i dare not tell i am mining lol

Price is one off for 2 years

my one is 3 MH/s

if 1 MH/s you need divide my earning by 3 so 0.00182691/3 = 0.00060897 ETH per day lulz

if 30 MH/s you will get 0.00182691*10 = 0.0182691 ETH per day

this is most current ETH distribution and they only payout once you accumulate 0.05 ETH minimum

At current rate if you buy 1 MH/s need 82 days for payout lulz

This post has been edited by cofin: Jun 15 2017, 02:42 PM

i think need 3 days then you will see the pending payout if just buy their service

then when reach 1 month they will payout daily

if didn't hit 0.05 ETH it will go back to pending payout to accumulate