What is Genesis Mining?

Genesis Mining

Website

Using ''4xTapN'' as referal code will give you a 3% discount on your purchase

 

 

Founded in 2013, Genesis Mining is a bitcoin mining platform that currently operates mining farms in Asia, America and Europe. Although most of the company’s facilities appear to be based in Iceland. The difference between a conventional mining pool and Genesis Mining is that you don’t need to contribute your hardware to the operation of the Genesis Ming Platform. Instead, your hardware is up and running once you start using the platform. You purchase into the operation and receive a portion of genesis mining’s hardware. Once you start you reap all the mining benefits.

Genesis Mining features

Mine alternative cryptocurrencies: Genesis Mining lets miners of the coins the mine alternative cryptocurrencies like Dash, ETH, LTC, Zcash, Monero and Bitcoin among others. You can mine all the cryptocurrencies available in the mining catalog, which means you can switch your mining power to adjust to new trends.

Hardware is already running: you don’t need to own your hardware since Genesis Mining gives you an already upon and running hardware. You don’t need to operate hot, noisy miner or mess with your rig assemble. All you need is to buy into the company and you get a proportionate share of Genesis Mining power.

Get payouts daily: your investments payouts happens daily on the platform. All the payouts go to your designated wallet.

Pay using a credit card: Genesis Mining allows users to pay using their credit cards which means you don’t need to have cryptocurrencies to buy into the Mining. Subscription plans vary differently. The more hashing power you access, the more you need to pay.

Genesis Mining pricing

Genesis Mining offers its users customized prices for the different cryptocurrencies mined on the platform. If you purchase Ethereum, Monero, Dash and Litecoin mining subscriptions. You have to agree to mine the currency for 2 years. On the other hand, Zcash comes with a 1-year mining commitment. For example, bitcoin pricing is as follows:

  • Gold: $179.00 per 1,000 GH/s
  • Platinum: $845.00 per 5,000 GH/s
  • Diamond $3975.00 per 25,000 GH/s

All mining plans for all cryptocurrencies comes with a maintenance fee. The fee is fixed is deducted from open-ended contracts as long as it brings in profits.

The team behind Genesis Mining

The Genesis Mining company is led by co-founder and CEO Marco Streng. He is a mathematical and early bitcoin investors. Others are co-founder Jakov Dolic, German entrepreneur and head of sales and Dr. Marco Krohn, the CFO of the company. Krohn is a physics/mathematician specialist.

 

Read More

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Cryptostec
DISCLAIMER The information contained on this website is provided for informational purposes only and is not intended to substitute for professional financial, legal or tax advice. You should consult a professional before acting on any information you find here. This website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. Any references to third party products, rates, or websites are subject to change without notice. Please do the appropriate research before participating in any third party offers. © Copyright 2020 Cryptostec
%d bloggers like this: