QUOTE(raynman @ Jul 1 2017, 08:06 PM)
Yippee...Genesis just reintroduced Dash...I'll go for it too as I'm very bullish about Dash for the long term.Cloud Mining - Cryptocurrencies
Cloud Mining - Cryptocurrencies
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Jul 2 2017, 10:12 PM
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#41
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Junior Member
250 posts Joined: Jan 2008 |
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Jul 2 2017, 10:20 PM
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#42
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Senior Member
4,153 posts Joined: Jan 2003 |
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Jul 2 2017, 11:01 PM
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#43
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Senior Member
1,217 posts Joined: Mar 2016 |
I just checked the pricing for the Dash (X11) mining contract with Genesis and Hashflare.
Your 2-year Genesis 500 MH/s costs USD2,250. Hashflare only has 1-year contract. USD2,900 for 500 MH/s. Genesis is very much cheaper. Good choice, raynman. |
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Jul 3 2017, 08:41 AM
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#44
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Senior Member
4,153 posts Joined: Jan 2003 |
QUOTE(denimblue @ Jul 2 2017, 11:01 PM) I just checked the pricing for the Dash (X11) mining contract with Genesis and Hashflare. I am entitled to a 3% discount on the Dash mining contract, so I only pay USD2,182.50. Your 2-year Genesis 500 MH/s costs USD2,250. Hashflare only has 1-year contract. USD2,900 for 500 MH/s. Genesis is very much cheaper. Good choice, raynman. |
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Jul 3 2017, 09:07 AM
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All Stars
14,359 posts Joined: Oct 2004 |
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Jul 3 2017, 09:16 AM
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#46
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Senior Member
4,153 posts Joined: Jan 2003 |
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Jul 3 2017, 09:43 AM
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All Stars
14,359 posts Joined: Oct 2004 |
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Jul 3 2017, 09:55 AM
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#48
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Senior Member
4,153 posts Joined: Jan 2003 |
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Jul 3 2017, 09:56 AM
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All Stars
14,359 posts Joined: Oct 2004 |
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Jul 3 2017, 10:04 AM
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#50
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Senior Member
4,153 posts Joined: Jan 2003 |
QUOTE(jack2 @ Jul 3 2017, 09:56 AM) Yes, Genesis pays out in Dash.My Exodus wallet can store Bitcoin, Ethereum, Litecoin, Dash, Decred, Augur, Dogecoin and Golem. They will add more coins as we go along. You need to do a backup of your private keys first, then it is safe to use. It is very easy and has a very nice user interface. Try it out. http://exodus.io |
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Jul 3 2017, 10:06 AM
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Junior Member
250 posts Joined: Jan 2008 |
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Jul 3 2017, 10:08 AM
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Junior Member
250 posts Joined: Jan 2008 |
QUOTE(raynman @ Jul 3 2017, 10:04 AM) Yes, Genesis pays out in Dash. Raynman,My Exodus wallet can store Bitcoin, Ethereum, Litecoin, Dash, Decred, Augur, Dogecoin and Golem. They will add more coins as we go along. You need to do a backup of your private keys first, then it is safe to use. It is very easy and has a very nice user interface. Try it out. http://exodus.io Can MEW store Dash, if not need to create Exodus. Another wallet and private key to protect. LOL. |
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Jul 3 2017, 10:11 AM
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#53
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Senior Member
4,153 posts Joined: Jan 2003 |
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Jul 3 2017, 10:13 AM
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#54
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Senior Member
4,153 posts Joined: Jan 2003 |
QUOTE(HHCC @ Jul 3 2017, 10:08 AM) Raynman, You can't use MEW to store Dash.Can MEW store Dash, if not need to create Exodus. Another wallet and private key to protect. LOL. Better get a multi-coin wallet like Exodus and manage your coin portfolio there. I love the Exodus user interface and it is so easy to use. |
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Jul 3 2017, 10:36 AM
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Junior Member
215 posts Joined: Jan 2008 From: Bandar Baru Bangi |
Hi all, I'm new to cloud mining. But got question before I venture further on payout. Basically how does payout works? Ultimately how do you withdraw those earnings into cash? Thanks.
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Jul 3 2017, 10:42 AM
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All Stars
14,359 posts Joined: Oct 2004 |
QUOTE(mosfet83 @ Jul 3 2017, 10:36 AM) Hi all, I'm new to cloud mining. But got question before I venture further on payout. Basically how does payout works? Ultimately how do you withdraw those earnings into cash? Thanks. Depend on which coin contract you are buying and you need to convert it into BTC and sell BTC in any exchanges like Luno and get MYR. |
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Jul 3 2017, 10:47 AM
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Senior Member
1,503 posts Joined: Dec 2006 From: Subang Jaya, Selangor |
Let's say I purchased Dash contract from Genesis. The payout will be in Dash coins paid to my wallet, right? So, how do I convert it to BTC and sell it in an exchange?
Is there any other costs involved in maintaining the wallet, conversion to BTC and selling the BTC? Thanks and sorry for the noob questions. P/S: Ok, just watched the Exodus videos. Apparently, the software has a built in exchange and you can convert coin in it without hassle. Surely, there are % spread involved. This post has been edited by Nidz: Jul 3 2017, 10:51 AM |
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Jul 3 2017, 10:57 AM
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#58
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Senior Member
4,153 posts Joined: Jan 2003 |
QUOTE(Nidz @ Jul 3 2017, 10:47 AM) Let's say I purchased Dash contract from Genesis. The payout will be in Dash coins paid to my wallet, right? So, how do I convert it to BTC and sell it in an exchange? The built-in exchange called Shapeshift within Exodus is really very convenient.Is there any other costs involved in maintaining the wallet, conversion to BTC and selling the BTC? Thanks and sorry for the noob questions. P/S: Ok, just watched the Exodus videos. Apparently, the software has a built in exchange and you can convert coin in it without hassle. Surely, there are % spread involved. No need to send your coins to a separate exchange to buy another coin and send it back to your wallet. |
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Jul 3 2017, 11:02 AM
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Senior Member
1,503 posts Joined: Dec 2006 From: Subang Jaya, Selangor |
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Jul 3 2017, 11:08 AM
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#60
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Senior Member
4,153 posts Joined: Jan 2003 |
QUOTE(Nidz @ Jul 3 2017, 11:02 AM) You need to create a Luno wallet, which stores bitcoins and Malaysian Ringgit.Sign up with them to maintain an account. They will ask for documents to verify your Malaysian identity and let you bank in and withdraw Malaysian Ringgit. Then you can use your Malaysian Ringgit to buy and sell Bitcoins at their Luno exchange. http://www.luno.com |
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