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RE: Genesis Mining Steem Payout Wallet Question. (Somebody Help)
I tried to set up my Steem (Auto) wallet on Genesis using my username with the @ as the address and the Memo Key for the memo section. It said error occurred. This is frustrating as Genesis is offering this mining allocation but there is no way to receive funds. I really want to be mining Steem but have to be putting it on hold. They need to definitely up their customer service. In the mean time those certain few in the know are profiting. With their influx of users I see it hard to believe that everyone is going to get a ROI from their contract. This is very disappointing. I have suggested they put a cap on their user base, and offer to sell more hashpower to contracts that are already initiated. Hopefully this gets resolved soon.
hmmmm... Yeah. I gave up on having Genesis auto buy Steem with my mined BTC. Instead I set things up on Bittrex so that I can strategically convert my mined BTC to Steem that way. Rather than dollar cost average in by receiving payouts in purchased Steem through Genesis Mining, I can now set up trades and pick the bottoms to buy at on Bitrex. It's not as automated but I have more control allowing me to maximize my buying power. I'm quite pleased. Bought most of my Steem under $1 and today it was up around $8.
As for Genesis Mining... I'm not for capping user base at all... That would only serve to further centralize hashing power... Diversified holdings all across the board is the way to go not only for the continued security of the network but also in regards to giving everyone an equal opportunity.