It's been about 4 days since we all stopped getting our payouts from Genesis Mining. I did a little research and found some good news. Also, tested out a new competitor to the Cloud Mining arena.
Enjoy!
.
.
.
.
SPONSORED:
Bitcoin SwC Poker, download and use affiliate code: Blazin8888 when creating an account for rakeback at tables
Thanks for that @trevonjb I saw the Genesis twitter state that they will be coming back online soon and catching up with payments... we shall see.
ps, thanks for that bump @trevonjb I will do the same.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
yes ... they will back soon ... they must ... they need to passing on segwit2x implementation storm
after that im sure they will be back
better for sure
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
my point exactly. I got the last one on july 22. Interesting.
Probable cause in EU we are 6 hours further in time :P
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks @trevonjb for updating us with genesis payout issues, was a big relief.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i have hasing 24 as well but they are expensive 1k you get 7.5th on genesis mining and hasing 24 only 5th huge different 2.5th
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
the good thing about hasing 24 when you buy using a credit card the next day you can earn the profit, not like genesis mining after 1 month
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Dude your own vote is worth 19$? How much SP do you have xD
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
he is master of steemit invest your money like him then your can be like him as well as role model as i have hope steemit will topple facebook in 5 year time lets pray :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
im trying! got some SP aswell :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
cool
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Your posts are always remarkable 💪
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
They are experencing a techincal problem i doubt they are a scam company due to the fact that there is still a line of communication open most scammers would be gone.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wooow it's a scary news trevon i have a contract there :(. I watched the video now i'm better jajaja.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Same here nothing since 20th July - They have been replying to peples posts on Their Facebook page and posted this yesterday... still doesnt bode well, but im keeping the faith
Dear customers,
In the last couple days we’ve experienced technical difficulties with our website. As a result some user balances and other stats in the user dashboard were not shown correctly and we're happy to announce that these issues are now solved and the front-end is running smoothly again.
Due to the system outage we unfortunately couldn’t process the last days payouts, however the mining operation itself was not influenced by this and all missing mining profits will be accumulated and paid out in full within the next few mining days.
If you have questions you can reach our customer service via https://www.genesis-mining.com/customer-service … or https://genesismining.freshdesk.com
We apologize for any inconvenience and thank you for your understanding. - Your Genesis Mining Team
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think genesis needs to do something about this!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bc my boy @trevonjb will tell everyone where you at!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Marco Streng =sexy beast
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Dang dude I know it was starting to bug me and was starting to think it crashed and burned. The last update I had read from them is that my hardward was updated and they should start paying the next day. Then two more days went by. Look forward to getting those daily payouts again!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
worries me a lot bro they still not paying yet
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Doing bitcoin mining contracts despite bitcoin fork coming up soon (AUG 1st)
is very brave trevon.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Mine in your house Buy a rig. With 6 graphics cards.!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Especially if your house has solar panels. ++profits
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This case the roll of 1000% Lol
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lol yeah
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
They did just stop paying for a short while. I read that their site got hacked so it's nothing to worry about before. I am certain going ahead that their system will be more stable.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks so much for the comparison between the two services. It helps a lot in deciding which service to use for cloud mining.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I like hashing 24.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's interesting... they say payouts will start again and be 2 per day for a while.. that was on the 26th and so far i'm not getting any payouts..? But I'm staying calm & optimistic. GM is dependable and legitimate as far as I'm concerned, until proven otherwise. That's too bad that a hacker got access, I hope their bottom line isn't too impacted. We'll see what happens!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think I heard they just released the withdrawals just now.
You should go check now.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
and hasing 24 never had a problem with payout :) yet let see and now im trying AVLON Life lets see what will happen let compare between all the cloud mining and my bitclubnetwork waiting list 1 month
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I still have faith in them, I know they will payout.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
great information @trevonjb I noticed that you gained a lot of information when you started to quit your 9-5, I didn't watched you for a while since then, however, recently I am looking into your videos... really great information I always found...upvoted!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hashing 24 Terms and Conditions clearly state that they will charge a daily maintenance fee AND if there is not enough BTC in your account the contract is cancelled. So if you do not mine enough and you are not carrying a BTC balance you could blow your contract. This works in a similar manner to Genesis Mining where they can terminate BTC (Forever) contracts when it becomes unprofitable; however, given I monitor the crypto market I know if my GM contract is at risk - with Hashing 24 it is not so clear regarding the maintenance fees (which are unstated).
GM remains clearly my preferred miner; however, I would like it you had the option to hold payouts until there is a reasonable amount in your account. Receiving small amounts is not a problem it is when you withdraw these as a lump it is more expensive to transfer 1000 x 0.001BTC than 1 x 1BTC because the hashing power required is greater on the first. This could seriously dent your profits.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I've asked this a few different places and for some reason cannot get a straight answer from miners, support, anyone. Is there a cap on how long their open ended contracts last? i.e. if your mining continues covering the ever changing maintenance fees, can it go on indefinitely, say for 3+ years?
Am also curious regarding hashing24's maintenance fee amounts.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi
Please Upvote my post
Thank you
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lets be honest - the only time cloud mining is really profitable is when you get free hash power via referrals.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's happened before with Genesis Mining missing daily payments. They addressed the situation their Twitter account, I'm not worried.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi Tre, for how long is the Hashing 24 contract??
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
panic over lol.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
All my calculations show that Genesis mining has a very low ROI.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It is much better to invest directly into crypto
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
lets try AVLON LIFE they are mining in costa rica with solar power and can get profit after 3-4 month they are mining Alt Coin mostly but pay on bitcoin
https://partner.avalon-life.com/?affiliates=AVX92529
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great comparison video. Keep it up.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Another cloud mining scam?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hope not bro keep patient they will fix the problem
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This situation is serious, nobody got any payments in a long while. We need to follow up on this to figure out what is the problem.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I bought .7TH hashpower on Hashing24 in late June.
Maintenance fees have increased for me in the past 2 weeks a lot.
Has anybody else see this??
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
apparently its going to take 48hrs for us to get paid out, whats everyones thoughts?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for another great video @trevonjb. I'm glad you did a comparison video as I was looking forward to your opinion on Hash 24. As for the late payment, I don't stress, it will be there eventually. Like you said, you saw the facilities with your own eyes, you know it's legit. Keep up the great work.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Man hope genesis fixes that payout issue soon! I would hate that, I would be freaking so bad! As always nice post!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I did not get any payment since 20.07 (germany). but I'm relaxed have trust in genesis. This is what they told me:
Hi just3D,
We have been experiencing some technical difficulties in the past few days. As a result user balances were not shown correctly and the functionality of the website has been reduced, including the login option.
This is representing a bigger challenge than expected, but our IT Team is currently working on solving the issues. This situation has also forced us to hold payouts since the last 20th of July, but they will be released to your wallets or balance as soon as the situation is stabilized. We expect to have everything solved (payouts included) during this week.
We apologize for all this inconvenience, and thank you for your patience and understanding.
Best regards,
Michael
Genesis Mining Customer Service
Best Regards
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I've been on the fence about starting with Genesis. Some people swear by it. Some say it's better just to buy the coins. So that's what I've been doing. I also don't like that they no longer offer Dash mining.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I heard the issue was resolve right?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you for your great videos, i was actually turned onto this site by watching a few of your youtube videos that explained a little on how this place worked. Im still working on figuring it all out, an im sure i will be for a while, but i've been looking for a way to get into cryto-currencies an i think this may just be my shot. Keep up your great work!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hope you get your money dude ! If not stop using cloud "mining" sites
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey Trevon,
Thanks for the video, have been looking into buying a significant amount of hash power this past week and only knew about genesis. Have two questions regarding hashing24:
Just want to get an idea of break even point assuming current market conditions and some slight increase in hash power relative to price over the mining period.
And actually as a followup since I have asked genesis-mining support many times and keep getting the run around, is there a cap on how long their open ended bitcoin contracts can go? I keep asking them if the contract stays profitable and continues covering their maintenance fees if it will just keep going indefinitely and cannot get a straight answer.
Thanks man, love the work as always.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
imaginate yo que estaba en esa pero bueno a seguir intentando en otras
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Cheers Trevon, will stick with the cheaper option for now
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks for the info... for me ... been with Genesis mining since Jan 2016.... there the real deal..... like your Genesis visit video also
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Did they send out a message? I didnt get an e-mail from them so I hope this is just a brief hiccup.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
the moneys coming my dude, chill
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
awesome post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's been since the 21st for me too. When I saw there twitter page I felt more comfortable since they didn't just disappear. They are at least keeping us updated and I'm sure our payments will be here shortly. Thanks Tre!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wow that is really interesting - thanks for the update Trevon and hope the payments are made out soon. Keep stacking that Steem Power and looking forward to the return of your next Coin Count video!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Much TY . I wasn't worried but I was starting to notice something nort right .
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
just bought my first bitconnect coins look out for me I signed up under your code
ENJGOLD 1st loan $390 was $420 don't know what happened. Reinvest every 3 days
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey Brother,
As always I love your content it's so practical! I think we gotta start calling Dr Tre! What do you think?
Also, I just watched your video about making money on steemit and I think I have a great idea, inspired content if you will. Hopefully, when I get my post up You could show me some love and re-steem me.
I'm hopeful they get their issues fixed and start paying asap.
Chris
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Oh thats a good one
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
We all just pray everything returns to normal.. ASAP
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Genesis Mining has been less than transparent. I don't think it's a scam, but the lack of customer service is disturbing to me. I can no longer support them on a fundamental level. I have worked in tech for years, and if I were a CTO and my employees act in such a matter, I would cut heads. I'm not going to even begrudge them for their technical issues as that's pretty much unavoidable. But they can control how transparent they are.
I talk about my decision to leave Genesis Mining here:
https://steemit.com/genesismining/@brandonh/i-am-done-with-genesis-mining
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What is Genesis and how does it work?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
hi sir trevonjb i am 1 of your fans and i'm always watching your livestreem and videos co'z your helping us by updating news about crypto's sir i'm struggling about my upvote can you please upvote my posts thank you so much sir .
https://steemit.com/life/@zeth/omg-millions-of-crabs-passing-in-the-streets
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
When I sign up for Hash 24 I will use your link. Got a few other things clogging the works up before I can take that on.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am very new to this genesis mining, i was kinda worried when all bad news was rolling around me, thanks for this good explanation bro. :-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm kind of pissed. Because the split isn't going to happen, everything is safe for now. All these exchange sites, middlemen still don't want to lose a god damn penny in transaction fees. So they are freezing it. All this does is hurt their consumer faith. F them all! They are incompetent!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I was as nervous as Floyd Mayweather in a reading contest when i saw i didnt have any payouts for days...Thanks for the update @trevonjb
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thx for the vid - will look into this- What about maintenance fees - are there differences?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hashing24 is looking like a good add to the portfolio, investing around $500 is calculating to return about 8% per month. I invested with Genesis (with your code, of course [my referral: 0cLuSr]), but I wouldn't be able to figure that estimated return out easily on Genesis.. Probably why I haven't upgraded much.. I like to get estimates to work with and make decision based on that and then adjust. I email them a lot trying to figure out my earning stats, what to expect if I upgrade to certain amounts etc. (all very time consuming). Generally, I have no idea of any of that kind of info on the Genesis website. I think the extra charge at Hashing24 for the Admin. of the site is kinda worth it, if you're like me and need to 'know' what's going on easily and quickly. Of course, Bitconnect is still a better return, but this is good diversification, if you need it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
mine stop at Jul 20 as well, guess they will back up normal soon.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I got scare a lot of rumors circulating its scam thanks for clearing things up
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hope is not another cloud mining turn scam..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
they will not that big news for bitcoin community if they turn to scam . they will fix the problem just be patient sometimes system need time to fix they have huge customer
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hopefully bro..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I don't even know what Genesis is
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has been ranked within the top 10 most undervalued posts in the first half of Jul 26. We estimate that this post is undervalued by $49.95 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jul 26 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hope they dont turn out to be a Scam
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
no payouts from them to me since 21st July.. hoping its not the last we hear of them.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the in-depth comparison of the two cloud mining sites @trevonjb but I guess you are leaning more towards Hashing 24. In terms of reliability, I suppose Genesis Mining scores a bit higher as they have been around longer - of course apart from the current delays in payouts.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Do you think that as more of these cloud mining systems become "legitimized" and develop solid trust that we will see competitive rate wars really start to flame up between them? If so it could end up being a solid opportunity for crypto noobs such as myself just getting into it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
why they not paying.. hopefully they will fix that soon
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you for the update and informations regarding Genesis Mining.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
They stopped paying me 4 days ago, now that your post notified me. What happened????? Did they give notice as to why?
OK after watching the video, ill assume they will pay soon. Sht happens. Hope they get things together soon!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
coming soon... lol the code percentages off are awesome. appreciate the video. @trevonjb
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hashflare is also a competitor of Genesis mining and hashing24 and a lot cheaper than hashing24. Please review this company. Overall the reviews on the internet about hashflare is quite good.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Got my missing payouts today \o/ and just before the fork also which is good :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Trevon James! You should watch this video on genesis mining. It's funny as fuck and you're mentioned in the video!
https://steemit.com/news/@panda12/genesis-mining-inside-joke
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm still waiting my payouts!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit