— SteemCN

djbk (48) · 7 years ago

All good, thanks for the add then :)

Have a great one too! See ya

$1.20

dimitrya123 (51) · 7 years ago

Feel free to use my code by a next upgrade. I'll do the same for you ;) j3SbkT

$0.68

4 votes

etcmike (76) · 7 years ago

I have added you to my rotation list.

Have a great weekend!
Steem on,
Mike

$5.49

dimitrya123 (51) · 7 years ago

Thanks; me too ;) Steem on :)

$1.10

etcmike (76) · 7 years ago

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

$1.75

dimitrya123 (51) · 7 years ago

Thank you very much. I will return you the favor ;-)
Steem on :)

$0.74

dimitrya123 (51) · 7 years ago

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,

$0.74

etcmike (76) · 7 years ago

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

$1.36

etcmike (76) · 7 years ago

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

$0.99

dimitrya123 (51) · 7 years ago

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 !

$0.41

4 votes

etcmike (76) · 7 years ago

Got it! Thank you!

Steem on,
Mike

pmoeller (27) · 7 years ago

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

$0.46

etcmike (76) · 7 years ago

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

$1.06

btctrader710 (29) · 7 years ago

hashflare is pretty good https://hashflare.io/r/998C42A5 they have bitcoin mining contracts. Only one i trust besides Genesis

$0.00

characters1 (0) · 7 years ago

$0.00

characters1 (0) · 7 years ago

$0.00

djbk (48) · 7 years ago

@dimitrya123 Just used your code for X11 7.5MHs Upgrade :) Looking forward for you to return the favour, thanks ;)

$0.04

dimitrya123 (51) · 7 years ago

@djbk Thank you. I just did the same with your code for a ETH upgrade :) Happy mining :)

$0.08

joshwaa (37) · 7 years ago

Hi dimitrya123 I will use your code right after I use etcmike's. Here's my code: RUXnyi

$0.00

dimitrya123 (51) · 7 years ago

Thank you very much. Will do the same :)

$0.00

characters1 (0) · 7 years ago

$0.00

characters1 (0) · 7 years ago

$0.00

jaredsc (38) · 7 years ago

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?

$0.43

etcmike (76) · 7 years ago

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

$1.06

steemitjesus (37) · 7 years ago

Amen! 🙏

$0.38

characters1 (0) · 7 years ago

$0.00

etcmike (76) · 7 years ago

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

$1.06

jaredsc (38) · 7 years ago

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?

$0.45

etcmike (76) · 7 years ago

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

$1.12

jaredsc (38) · 7 years ago

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!

$0.00

characters1 (0) · 7 years ago

$0.00

ersin.inan (26) · 7 years ago

Please use my code also : 4LzYvl :)) So you get 3% - greatly appreciated

$0.30

etcmike (76) · 7 years ago

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

$0.78

characters1 (0) · 7 years ago

$0.00