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RE: Genesis Mining Steem Payout Wallet Question. (Somebody Help)
*** Update *** Still no word from Genesis. My steem payout wasn't enough to transfer according to them so no idea if its set up right or not.
Any news from Genesis Mining as of yet? I happen to have the same difficulties as you all have been describing here in the thread...
They have resumed payouts. But they are sporadic at best. And they are stacking some payments to make up for the ones you missed but there is no way to verify what exactly you missed. I'm not too happy.
Yeah... I hear you. I feel the same way... I wish they would put more effort into detailing and itemizing their payouts... it would build more trust that much is certain. But it seems like they are so busy playing defense that any offensive plans to optimize their operations is not happening... 🤔
Have you managed to set up the Steem (Auto) wallet on Genesis Mining yet? I'm still waiting to see if the current configuration works... feels like I'm holding my breath here... lol! 😰
No I got tired of not getting a response back from Genesis so I switch that allocation to something else.
Yeah... it does to say that trust is earned... and business and trust go hand in hand. I hope for everyone's sake that Genesis Mining gets back on track soon.
I tried to set up my Steem (Auto) wallet on Genesis using my username with the @ as the address and the Memo Key for the memo section. It said error occurred. This is frustrating as Genesis is offering this mining allocation but there is no way to receive funds. I really want to be mining Steem but have to be putting it on hold. They need to definitely up their customer service. In the mean time those certain few in the know are profiting. With their influx of users I see it hard to believe that everyone is going to get a ROI from their contract. This is very disappointing. I have suggested they put a cap on their user base, and offer to sell more hashpower to contracts that are already initiated. Hopefully this gets resolved soon.
hmmmm... Yeah. I gave up on having Genesis auto buy Steem with my mined BTC. Instead I set things up on Bittrex so that I can strategically convert my mined BTC to Steem that way. Rather than dollar cost average in by receiving payouts in purchased Steem through Genesis Mining, I can now set up trades and pick the bottoms to buy at on Bitrex. It's not as automated but I have more control allowing me to maximize my buying power. I'm quite pleased. Bought most of my Steem under $1 and today it was up around $8.
As for Genesis Mining... I'm not for capping user base at all... That would only serve to further centralize hashing power... Diversified holdings all across the board is the way to go not only for the continued security of the network but also in regards to giving everyone an equal opportunity.