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RE: Genesis Mining: 6 Days After 10 TH/s Bitcoin Mining Upgrade
I just did a 5 TH/s upgrade this morning using another Steemian's code. I have added your code to my list.
Have a great weekend!
Steem on,
Mike
All good, thanks for the add then :)
Have a great one too! See ya
Feel free to use my code by a next upgrade. I'll do the same for you ;) j3SbkT
I have added you to my rotation list.
Have a great weekend!
Steem on,
Mike
Thanks; me too ;) Steem on :)
I just used your promo code to upgrade my X11 mining contract by 15 MH/s.
I used BTC to make the purchase and I am still waiting for confirmation.
Have a great day!
Steem on,
Mike
Thank you very much. I will return you the favor ;-)
Steem on :)
I just bought a 2 year Ethereum contract with your code
Paid in Dash (0.312) and confirmation okay :)
Have a great day and remember you are also on my rotation list.
I will upgrade soon ... as much as I can :)
Bright blessings,
Take care,
Thank you! It is greatly appreciated.
I am currently upgrading my X11 contract. However, I am limited to $100 maximum purchase per day by Genesis Mining (as of 5 July 2017). Look for another upgrade using your code in about a week. I am now upgrading X11 everyday for as long as it is available.
Steem on,
Mike
I just upgraded my X11 contract by 15 MH/s using your promo code. You should get a confirmation soon.
Have a great week!
Steem on,
Mike
Thank you, Mike. I just upgraded my BTC contract with your code as well. You should get a confirmation soon.
Have a great week too !
Steem on !
Got it! Thank you!
Steem on,
Mike
etcmike, i like to invest 100TH but BTC mining is not avaialble ! I have to wait ? Is this normal ? Only Ether and Monero can be mined
From time-to-time Genesis Mining sells out their capacity in a mining contract. Normally it takes them 3-4 weeks to build out the infrastructure that allows them to sell more hash capacity.
I would wait for BTC mining contracts to return.
In my opinion, I would not enter either a Ether or Monero mining contract base on my experience.
Have a great week!
Steem on,
Mike
hashflare is pretty good https://hashflare.io/r/998C42A5 they have bitcoin mining contracts. Only one i trust besides Genesis
0.1 BTC free for mining-you can buy 9 th/s lifetime , offer limited time https://seebit.io/?r=56086
0.1 BTC free for mining-you can buy 9 th/s lifetime , offer limited time https://seebit.io/?r=56086
@dimitrya123 Just used your code for X11 7.5MHs Upgrade :) Looking forward for you to return the favour, thanks ;)
@djbk Thank you. I just did the same with your code for a ETH upgrade :) Happy mining :)
Hi dimitrya123 I will use your code right after I use etcmike's. Here's my code: RUXnyi
Thank you very much. Will do the same :)
0.1 BTC free for mining-you can buy 9 th/s lifetime , offer limited time https://seebit.io/?r=56086
0.1 BTC free for mining-you can buy 9 th/s lifetime , offer limited time https://seebit.io/?r=56086
Can you give everyone an update on your performance with Genesis Cloud Mining. I would like to hear how your doing now that 6 months has past since you initially wrote the article. Is it still profitable?
Here is my last update:
Genesis Mining Review #7: 1 Year of X11 Dash Mining -- More Than Broke Even
My best days of mining with Genesis Mining contracts are $70 USD/day when BTC is reaching new highs. My average daily payout from Genesis Mining is now between $50 to $60 USD/day.
There was a week where Genesis Mining postponed payments due to an intrusion by a hacker. Payouts have resumed and from what I am seeing, the Genesis Mining payouts are catching up. Just based on my payouts, I can imagine Genesis Mining daily payouts are in the millions of dollars. If I were paying out that much, I would want to do a careful audit too before distributing the payouts.
To my friends and anyone who asks, I recommend the BTC and X11 (Dash) mining contracts at Genesis Mining. They ran out of X11 hash power to sell, but it should be available again in the near future.
I have an Ether Mining contract(s) with Genesis, but do not think I will break even. This is why I do not recommend those contracts. If ETH spikes up to $1,000 USD in price, the contract may payout better. I do not think that will happen.
If the X11 contracts are not available in August when I start my upgrade cycle again, I will be upgrading my BTC mining contracts. At my current rate of return, I will break even on those mining contracts well before the next BTC halving event.
That's my current update.
Have a great weekend!
Steem on,
Mike
Amen! 🙏
0.1 BTC free for mining-you can buy 9 th/s lifetime , offer limited time https://seebit.io/?r=56086
If you are interested in some FREE cryptocurrency, I did post the following opportunity yesterday:
Signup for FREE WCX Tokens and Earn by Referring Your Friends Before the ICO Sale
Mike, do you know why $BTC mining is much more lucrative then $ETH mining right now? If the price of ETH goes to $400 will Ethereum mining be more profitable?
Part of it has to do with the difficulty level. The difficulty level is a factor in determine how hard (difficult) it will be to come up with the next block in the block chain. That is my extremely basic understanding.
Here is a website where you can see the "difficulty level" for different crypto-coins:
https://www.coinwarz.com/cryptocurrency
Have a great week!
Steem on,
Mike
Thanks for the update. I still feel there is much opportunity to lose money if conditions are not favorable all the time. If the price of lets say $BTC drops for 6 months, then payouts will drop significantly. Do you know what the time decay looks like on a 2 year contract. For example, how much do daily payments drop on the last month of the 2 year contract vs the first month on the contract? What is the profit margin on $BTC mining until break even? I'm still trying to understand why cloud mining is not a gamble and a good way to lose money in uncertain market conditions. Any additional insights by the Steem community would be very helpful for me to better understand how cloud mining works. Thanks!
0.1 BTC free for mining-you can buy 9 th/s lifetime , offer limited time https://seebit.io/?r=56086
Please use my code also : 4LzYvl :)) So you get 3% - greatly appreciated
I have added your promo code to my rotation list. My rotation list is getting rather long, it may be a bit of time before I get to your code.
Have a great weekend!
Steem on,
Mike
0.1 BTC free for mining-you can buy 9 th/s lifetime , offer limited time https://seebit.io/?r=56086