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Genesis Mining News

Genesis Mining is one of the largest companies that provides services for cloud mining. The company offers leasing of equipment for cryptocurrency mining to customers. It is possible to rent any amount of computer power of their servers located in Iceland. The Genesis cloud mining company was founded in 2013. The founders of the company met each other using the same Bitcoin trading platform. Genesis mining payouts vary from $30 to $2,000, depending on the amount of power rented. And, according to the official website, there is no payment for electricity or any other extra fees. Besides their tariff plans, users can create their own ones by setting the options they need. Not only Bitcoin, but other popular altcoins are available for mining at Genesis.

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In an ongoing trend of Bitcoin companies withdrawing their services from New York in response to the BitLicense, two more businesses have exited the Empire Stat...

Bit-Exodus Continues: Remittance Service Rebit and Cloud Miner Genesis Mining Leave New York

Aaron van Wirdum

2015-08-15T13:55:04+01:00

1391

Windows 10 could be a threat to Bitcoin users’ privacy; Genesis Mining leaves New York over BitLicense; Envestnet acquires Yodlee for US$590 million and more ne...

AUG 13 DIGEST: Windows 10 a Threat to Bitcoin Privacy; Genesis Mining Joins Companies Leaving NY

Daniel O. Nyairo

2015-08-13T13:26:00+01:00

649

The Far East versus the West; the United States versus China: a classic battle of global superpowers that may not have a winner

US vs. China: The 20 MB Miner War That Could Destroy Bitcoin (Op-Ed)

2015-06-15T16:35:00+01:00

3051

With the promise of the moon for its users without the need to purchase expensive mining equipment, the cloudmining industry has been experiencing its ups, and ...

Cloudmining: The Bane or Blessing of Bitcoin? (Op-Ed)

2015-04-07T20:44:00+01:00

1313

Genesis Mining has grown quickly amidst a rapidly-expanding cloudmining market and is now the SHA and Scrypt mining industry leader.

'Lower Bitcoin Prices are More in Favor for Bad Actors and Ponzi Schemes’

2015-01-30T15:01:46+00:00

1004

Every week, Cointelegraph will do a roundup of all the businesses and the altcoins we have added during the week to our catalogs.

Catalog Roundup: Genesis Mining, SatoshiBet

Armand Tanzarian

2014-09-21T18:08:00+01:00

414

Genesis Mining has been offering hosted mining contracts since 2013. The new plan is not only much less expensive it is also for a lifetime. Instead of having t...

Genesis Mining Powers Up with Lifetime Mining Contracts

2014-09-13T15:46:53+01:00

1400

Genesis Mining offers a new way to mine altcoins without worrying about buying, installing and maintaining mining equipment or worrying about power bills fluctu...

2014-07-31T21:47:00+01:00

435