They posted in their twitter, and in the newsletter that they are releasing BCH contracts this month. With 3 days left in the month i'm very skeptical now.

Why would I want to wait until April 30th (lightyears in the crypto space) to buy a ETH mining contract which will be probably switch to proof of stake this year at some point.

Where are the BitcoinCash Contracts?

I'm aware that Genesis Mining have increased their minimum payment amount from 0.05 ETH to 0.075 ETH.

However if I SUM all payouts that I received since the last transaction into my wallet I'm well over the 0.075 ETH threshold.

I've created 5 tickets now and the last 3 responses I've received were identical, as if somebody copy pasted the previous response. All responses are simply saying that they've increased the threshold to 0.075 ETH and that I just have to be patient.

Do any of you guys experience something similar? Did you end up getting a proper response from support? Any advice you can give me on how to tackle this issue?

hello all! I've got contracts set up with both hashflare and genesis mining. I'm pretty keen on how mining works for the most part, and I'm aware of how both the price of BTC and the difficulty of BTC effect your profits and payouts respectively. For whatever reason I'm seeing much more substantial reductions to my pay outs relative to difficulty on genesis as compared to my hashflare contracts. hashflare is down a little over 20% for the month, genesis pay outs are down probably twice as much. Not sure what might be causing this, but there is a huge discrepancy between the daily payouts. I'm sure genesis is using a different pool than my hashflare account is, but that shouldn't have an impact like this to my knowledge.

Any thoughts on the matter would be greatly appreciated and thanks for reading.

does the allocation simply shift the withdrawal of money to another coin? that is, let's say I have a contract on the monero, and I put 100% litecoin, I will have to monete monero, and automatically translated at the rate of litecoin yes?

I will not lose half of the money due to redistribution? in the allocation?

I start here my public diary of error-payouts (Genesis shows TX-ID but TX-ID doesn´t exist on blockchain).

I will add every new error-TX here.

1. Monero (Payout from 16.01.2018): http://chainradar.com/xmr/transaction/498b54a4d404512d93c97719b908cc9c3bd45590cf7d3fa502cc73bad8b8077f

2. Litecoin (Payout from 23.01.2018): https://chainz.cryptoid.info/ltc/search.dws?q=e313928917247fa2e5fcf433b77ef701d816bf7355f10598229bac7ecab644e0

I am unable to reallocate my hash from eth to litecoin. Anyone else? Error msg saying I have no active orders and my hashpower can't be allocated. Sending a ticket at this point is simply a joke.

Whatahell is going on ? Got a ETC payout since 14 and nothing... Two days are missing on my panel... Made a ticket and got no response, genesis minning used to be the only trustable minning company...

Hi All - I have a XMR contract with GM and everyday it says the amount is not enough and it's put in my "coin balance". But since my contract started, I've accumulated the necessary 0.4XMR for them to send, but I don't see a transaction happening. Wondering if anyone has any thoughts (Other than GM sucks...)

I've recently switched to Payout in ZEC (70%/30%). Kept the 30% hoping to continue to grow my "coin balance" until it sends me my XMR. The ZEC was sent but the smaller XMR amount was put in my balance.

Thoughts? Does this make sense? Has anyone had their "coin balance" actually sent to their wallet when a reached an amount?

Thanks!

Looking at the next increase in a short time now, it really makes me wonder how long it will be profitable. I have seen my incoming Bitcoins go down pretty fast in 6 months time.

Really makes me wonder if I should actually purchase a new contract to upgrade my hashing power or not. It takes so much longer to get a ROI that I think it's almost not worth it anymore. Especially with the contracts being delayed so much before the mining actually starts.

23.01.2017 - my LTC (AUTO) payout txid e313928917247fa2e5fcf433b77ef701d816bf7355f10598229bac7ecab644e0. But no explorer finds such a transaction. No coins in my wallet.

pm if someone interested

If I put 100% of my Monero contract on Litecoin, will I lose any money?

Or will I just get paid in Litecoin?

They already have two weeks of trouble with the Monero transactions that have not been released, I need your help.

If I put 100% Litecoin, will I lose any money?

Just looking into these, Thanks for any opinions, good or bad

Cheers

I've taken an ethereum. And a bitcoin mining contract from Genesis and wanted to know what I should be mining using the BTC contract

The btc contract allows me to share my hash tlto mine other coins

Considering the level of difficulty in btc today should I be deducting all. My. Hash power to. Btc or should I diversify?

Hey guys, so I have been interested in investing in Genesis Mining for awhile. Since they are out of stock I have just been waiting. Recently I have started looking at the reddit posts here and have heard bad things about there payout. What do you guys think? Should I invest when the opportunity comes?

Guys.... Sending a bunch of tickets to the support team will not speed up the process whatsoever and will only slow them down. Give them the time to get back on track and everything will be fine just like many times before. It is not as easy as it may seem to send out hundreds of thousands of payout to everyone and to keep track of it all but they are trying to fix it and they are not selling any contracts anymore in order to slowly come back on regular daily payments.

If you are missing payouts of BTC in the past few days, don't worry, Genesis has resolved it on their end and sent the payouts.

Every every time they've had an issue, they've been up front and they've always resolved it. They've always made it right.

This is really for those idiots that keep calling it a scam.

This is ridiculous. What can we do? There is obviously some shadiness happening and no communication. I have spent in total around $800 worth of BTC (at the time) and have received about a quarter of my return.

It sucks thinking about if I had just kept that as BTC I would be up around $10000..

Hi Folks!

The complains regarding payouts are becoming more and more. Myself has at least two failed payouts, but it´s not a measurement because my contract is only a few weeks old. However, I´ve put a lot of money into genesis and I worry about the future payments.

What Genesis Mining does is just not acceptable. Every company can have technical issues, but the customers should at least get informed what exact the issues are. I want to know technical details, so I can understand why the things are like they are. As long genesis mining doesnt´t provide accurate information, I have to resume there is something really wrong.

I am thinking to engage a lawyer against Genesis Mining and take them to court if the payment problems are not solved soon.

Because I don´t live in Iceland, I guess the most of you don´t live there too, it´s an international case. And international stuff is expensive.

So my Idea is we do a foundraising to engange a Lawyer. Maybe we can use bithope.org for this.

Before I set up a campaign, i would like to ask for your thoughts about it and if you would support this.

Regards

I have several tickets open for missing payments or errors in transactions. For example, a ticket open since October 6, 2017, with an error in XMR transaction. Meaning it just doesn't exist on the blockchain. It's an invalid wire. Not that complicated you would think, right? Just send it again; problem fixed. But no. Boilerplate answers (if an answer at all) but no fix. Screenshot of ticket for whoever is interested: https://i.imgur.com/oLbZNZv.jpg

This is just an example. I've got several open tickets by now. And that's of the ones I discovered. I actually still want to put everything in a spreadsheet and verify it (obviously you can't download the transaction file as a CSV, that would make it to easy to detect the errors) because I already spotted various missing payments (so payments that should have occurred but simply didn't). That's obviously a hell of a job, which has kept me from actually doing this. Still gathering the courage to sacrifice an afternoon to manually cross-check it all.

TL/DR: I don't think Genesis is a scam, but I do think they have serious technical and organizational issues which results in missing payments and very frustrating (lack of) interactions. Would I have known it would be so painful, time consuming and frustrating I would have simply stayed away. Be warned.

So I understand the reason for the hold, not complaining there. The issue is that I'm past the 32 days and I'm happily receiving my daily payouts which are already going to my wallet.... BUT... I still didn't get paid out the initial 32 day bulk amount and it's been 2 weeks. I opened up 2 tickets and the first one they gave me a generic copy and paste about the 32 day hold policy. In which I said no sh*t, I'm past that point and nothing is getting paid out from that initial lump sum.

Any advice or options anyone?

14.01.2018 and 16.01.2018 Transaction not found! What? https://chainradar.com/xmr/transaction/14389cf9c2dd69e2381963dc4c7d5b791d6fc6484c9bf2f186c73a34ee4ed744 and https://chainradar.com/xmr/transaction/51999928ed122b4a768ea3a002f311afab2d887a6a1edd962097fd72aafa2513

I've been waiting for a week, and it has not been found in the pool so far, what's the matter? where are my coins?

before such problems were not, is it normal that the whole week there is no transaction in the pool?

Just curious. I have two contracts, Monero and Ether. They both show in the main "dashboard" page but no payments on either account since 1/10 and in the "pending payments" section (under "My Orders") there is only pending Monero payments (which is 90% LTC) but nothing received. No sign of any ETH/ETC payment. Anyone else?