At the price of $411, my Genesis ETH mining contract will net $10K per year.

If it keep rising in the coming months.....

Welcome to the Genesis Mining club. 

I noticed you purchased the cheapest Bitcoin Open-Ended mining contract for $30 with hashpower 0.2 TH/s.

One thing you need to watch out for is the computation of the daily maintenance fee, which will be
deducted from your daily payout (computed at $0.28 per 1 TH/s per day). For your plan, it is $0.056 per day.

At current Bitcoin price and mining difficulty level, you are averaging only $0.20 per day AFTER deducting maintenance fee.

If the price of Bitcoin drops significantly or the mining difficulty level increases exponentially, your daily Bitcoin payout
may not be sufficient to cover the maintenance fee. If this situation persists for 60 consecutive days, Genesis will
terminate your contract due to non-profitability.

It is safer to purchase a much higher hashpower plan, say 20 TH/s, to ensure that the maintenance fee can be covered,
unless the price of Bitcoin drops to below $700 for 60 days, which is very unlikely.

Anyway, good luck with your testing. 

It is good if we can have another thread that discuss about mining.

thou shall not name "him" 

receive my first payout in genesis 
ok, small fish here... just 0.00000000001 

Guys, is it the only way to buy ETH for us in Malaysia is through LUNO (BTC) then transfer to other exchanger to trade?

This LUNO rates are always so high lah. So hard to buy BTC

Are there any ways to directly buy ETH?

They won't buy from me la.. as I also buy from Polo by using BTC buying cost/selling cost.

wow so many fellow miner from genesis mining

the calculation i made was using malaysia electricity rate which is cheaper.
and difficulty will increase also

impossible to ROI using 6months even using malaysia TNB rate......u becareful ya.

angmoh electricity costs doubles ours wan

so the company makes no money, takes care your rig for free ?
in the end what they earn ?

Like I said earlier, I am not a hardware guy who likes to mess around with mining rigs.

I just can't stand the heat and fan noise generated.

For custom mining rigs, you have to flash the BIOSes of GPUs with miniing orientated features instead of gaming (power optimization and fan noise suppression).

You need to fix unplanned hardware component failures and incurring downtime while doing so.

You need to regularly update the mining software to keep abreast with algorithm changes and possibly OS updates as well.

Your TNB bill will rise significantly as you increase the hash rate of your rig, together with increased heat and fan noise.

I rather pay someone to bear with all these and do the dirty job for me. I just sit back and collect coins in a quiet and cooling environment.

Poloniex support is that bad ah? 

ermm.. ghost support    ?

say sayonara to my holding ?

i need to offload all before 1 Aug!

so sad 

maybe can ask raysman help? he whaler ... genesis support very fast back to him

maybe u upgrade to 100MHz they will very fast respond to u 

GTX 1060 sold out
GTX 1070 sold out
GTX 1080 limited

Crazy, even NVIDIA is selling hot.

Hi Denim

What you are getting per day on average now?..thanks