Genesis Mining vs GAW Mining, Spondoolies, Hashnest and Mining Sweden updates

[IanFoxley]

Seems it is all a bit of a mess with the Zen Portal today.

Genesis Mining interface is correctly displaying the transactions now, but Zen Portal is down due the Hashlet Prime problems in the last few hours.

So until it comes back up, can do no videos, hopefully it will be back up soon.

Ian

Sorry to disappoint you, but it seems that their service will not be available for the next 5-7 hours
https://hashtalk.org/topic/11695/zencloud-maintenance-mode

Yes I read that, luckily I have already done the Genesis Mining Part of my video so once Zen Cloud is up, I can record that part and then join the two bits together, but if payouts have already happened with GAW Miners, I will do a day 30_31 combined video.

Ian

[IanFoxley]

Day 30 comparison of payments with Genesis Mining and GAW Miners Hashlets.  Sorry about the delay, this was due to GM bug last night and then Zenportal being down most of the day, so could not make my video.

http://youtu.be/BG7_IuyZ-jM

Payments were as follows:

Genesis Mining 10 GH/s contract  0.00012849 BTC
Gaw Miners Genesis Hashlet 15 GH/s  0.00012683 BTC

Genesis Mining 1 MH/s contract    0.00024734 BTC
GAW Waffle Hashlet                   0.00014196 BTC
GAW Zen Hashlet                         0.00041240 BTC

Ian 
 

[Pilotseye]

If my calculations are right, based on the new lower payout of ZenPool, the next payout of Hashlet Zen will be only around 0.0002157 BTC / MH after fees

[cat2]

I'm a little overdue for a payout from genesis. Anybody else?

[Mike18feb]

Not sure, think I saw CEO Josh mention somewhere that they did a new deal which would cause payout to be lower initially and then higher from then on. But the man makes so many statements that are not exactly true. Might also be about Primes? Whatever, maybe I make a mistake.


payout from Genesis Mining... Most popular phrase on Bitcointalk!
GM has never missed a payment for any day. Though yes, sometimes a payment is late. Sometimes I receive two in a day. That's the way of GM. Just hang on and have faith.

[Pilotseye]

Not sure, think I saw CEO Josh mention somewhere that they did a new deal which would cause payout to be lower initially and then higher from then on. But the man makes so many statements that are not exactly true. Might also be about Primes? Whatever, maybe I make a mistake.


payout from Genesis Mining... Most popular phrase on Bitcointalk!
GM has never missed a payment for any day. Though yes, sometimes a payment is late. Sometimes I receive two in a day. That's the way of GM. Just hang on and have faith.

Agreed, as long as it's not after 23:59 UTC, payments are not late, not overdue, not missing - everything works just fine

On Hashtalk the CEO commented that he is again re-negotiating some contracts and it could take some until ZenPool payout goes up again (at least that's how I understand it)

[Mike18feb]

payment received just now

And you're right P-eye, your memory is better then... who am I?! O yeah, mine

[Pilotseye]

payment received just now

And you're right P-eye, your memory is better then... who am I?! O yeah, mine

Glad to see today everything worked as good every other day before 

[IanFoxley]

Day 31 comparison of payments with Genesis Mining and GAW Miners Hashlets.
http://youtu.be/gM8RmBHnpgk

Payments were as follows:

Genesis Mining 10 GH/s contract  0.00013098 BTC
Gaw Miners Genesis Hashlet 15 GH/s  0.00013713 BTC

Genesis Mining 1 MH/s contract    0.00021833 BTC
GAW Waffle Hashlet                   0.00021074 BTC
GAW Zen Hashlet                         0.00025001 BTC

Also a video comparing ROI for the first 28 days with all the contracts so far.
http://youtu.be/B7MLGGkdKwk

Ian

[corygto]

Just curious...

What happens when I decide that I no longer want to own the hashing power? Is it possible to sell or trade off these contracts on Genesis Mining?
I would hate to think that I could put thousands and thousands of dollars into something like this and never see it again. I do understand that these are lifetime contracts, but eventually the difficulty will render these shares useless. So if I don't continue to pump money into buying more hash power, eventually the returns will just shrink to near zero and I will never see that money again.

[IanFoxley]

Just curious...

What happens when I decide that I no longer want to own the hashing power? Is it possible to sell or trade off these contracts on Genesis Mining?
I would hate to think that I could put thousands and thousands of dollars into something like this and never see it again. I do understand that these are lifetime contracts, but eventually the difficulty will render these shares useless. So if I don't continue to pump money into buying more hash power, eventually the returns will just shrink to near zero and I will never see that money again.

If I remember correctly I have read that you can cancel the contracts if you get less than the service fee for 20 days in a row, something like that anyway.

Ian

[corygto]

Just curious...

What happens when I decide that I no longer want to own the hashing power? Is it possible to sell or trade off these contracts on Genesis Mining?
I would hate to think that I could put thousands and thousands of dollars into something like this and never see it again. I do understand that these are lifetime contracts, but eventually the difficulty will render these shares useless. So if I don't continue to pump money into buying more hash power, eventually the returns will just shrink to near zero and I will never see that money again.

If I remember correctly I have read that you can cancel the contracts if you get less than the service fee for 20 days in a row, something like that anyway.

Ian

Oh ok, thank you!

[IanFoxley]

Day 33 comparison of payments with Genesis Mining and GAW Miners Hashlets.

http://youtu.be/1m6gzNUCj-0

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00012055 BTC
Gaw Miners Genesis Hashlet 15 GH/s  0.00016029 BTC

Genesis Mining 1 MH/s contract    0.00021875 BTC
GAW Waffle Hashlet                   0.00011377 BTC
GAW Zen Hashlet                         0.00036384 BTC

[IanFoxley]

Day 34 comparison of payments with Genesis Mining and GAW Miners Hashlets.

http://youtu.be/bObgL7QxHuQ

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00012300 BTC
Gaw Miners Genesis Hashlet 15 GH/s  0.00014009 BTC

Genesis Mining 1 MH/s contract    0.00019639 BTC
GAW Waffle Hashlet                   0.00024903 BTC
GAW Zen Hashlet                         0.00031377 BTC

[PlatinumExpress]

The choice is hard but I think I will go with GAW.

[cat2]

I'm still going to diversify by splitting my purchase of hash power between gaw and genesis. Gaw's zen hashlets are definitely outperforming Genesis but I've seen to many company stocks crash for a variety of reasons. Can't put all my eggs in 1 basket. I'm starting to put more into gaw because they're earning it. Haven't decided what percentage with who yet.

Anybody have any thoughts on this?
Also, does anybody know any others selling hashpower that have been around awhile and have a good reputation?

[Pilotseye]

I'm still going to diversify by splitting my purchase of hash power between gaw and genesis. Gaw's zen hashlets are definitely outperforming Genesis but I've seen to many company stocks crash for a variety of reasons. Can't put all my eggs in 1 basket. I'm starting to put more into gaw because they're earning it. Haven't decided what percentage with who yet.

Anybody have any thoughts on this?
Also, does anybody know any others selling hashpower that have been around awhile and have a good reputation?

I am doing the same like you do between GM and GAW, by the way the ZenHashlet is loosing performance as well right now.
I tried also ZeusHash and Hashie.co, but need some time to find out how good they are performing compared to GM / GAW.

[IanFoxley]

I'm still going to diversify by splitting my purchase of hash power between gaw and genesis. Gaw's zen hashlets are definitely outperforming Genesis but I've seen to many company stocks crash for a variety of reasons. Can't put all my eggs in 1 basket. I'm starting to put more into gaw because they're earning it. Haven't decided what percentage with who yet.

Anybody have any thoughts on this?
Also, does anybody know any others selling hashpower that have been around awhile and have a good reputation?

I am doing the same like you do between GM and GAW, by the way the ZenHashlet is loosing performance as well right now.
I tried also ZeusHash and Hashie.co, but need some time to find out how good they are performing compared to GM / GAW.

The Zen Hashlet payout was actually lower than GM's payout today.

GM 0.00019308

Zen Hashlet 0.00018660

Waffle Hashlet 0.00015061

Another question, am doing another video soon, but just wondered if anyone who has Hashlets can look to see if their maintenance fees are different, especially between hashlets.

My waffle hashlet fee and my zen hashlet fee are different, the Zen Hashlet fee is slightly lower than the Waffle Hashlets. Anyone else seeing that too?

Thanks

Ian

[IanFoxley]

Day 35 comparison of payments with Genesis Mining and GAW Miners Hashlets.

http://youtu.be/NTZIFIaROPA

Payments were as follows:

Genesis Mining 10 GH/s contract 0.00012044 BTC
Gaw Miners Genesis Hashlet 15 GH/s  0.00013639 BTC

Genesis Mining 1 MH/s contract    0.00019308 BTC
GAW Waffle Hashlet                   0.00015061 BTC
GAW Zen Hashlet                         0.00018660 BTC

[IanFoxley]

Day 36 comparison of payments with Genesis Mining and GAW Miners Hashlets.

Payments were as follows:
http://youtu.be/--xm6Xidt_w

Genesis Mining 10 GH/s contract 0.00011758 BTC
Gaw Miners Genesis Hashlet 15 GH/s  0.00012120 BTC

Genesis Mining 1 MH/s contract    0.00023378 BTC
GAW Waffle Hashlet                   0.00012797 BTC
GAW Zen Hashlet                         0.00018018 BTC