Genesis Mining offers a new way to mine altcoins without worrying about buying, installing and maintaining mining equipment or worrying about power bills fluctuating through its cloud mining service, instead of being forced to deal with hot noisy equipment, delivery problems and downtime.
Genesis offers mining leases instead of mining equipment. The equipment is offside and maintained by Genesis Mining eliminating most overhead expenses for investors. There are three contracts available, leaving room for miners at all levels
The process is relatively simple. There are three plans to choose from after you register with the website. The basic Gold Plan gives user’s 10GH/s, the mid-range Platinum Plan gives on TH/s and finally the Diamond Plan offers 20 TH/s and prices range from just $29 per year for the Gold Plan to a whopping $42,999 for the Diamond Plan.
When Genesis Mining receives your payment for your new contract you will immediately begin mining. The system allows you to distribute your hash power across your coins to your satisfaction. If you want to put 60% in BTC and 40% in DOGE simply set your hash power to reflect this after you begin mining. Payouts are given at the end of each day and will be posted within 24 hours. So far you can mine LTC, Doge, Feathercoin, Auroracoin, Lottocoin, Megacoin and Reddcoin and the company has plans to expand this list.
- Simple Pricing with only three plans to choose from.
- The ability to mine multiple coins simultaneously.
- Zero electricity consumption, equipment problems or downtime
- 100% “uptime”.
- Auto-trading feature that mines the coins that are the most profitable during a given period and converts profits to BTC automatically.
- Assuming market stability, excellent profit potential.
- Remotely located equipment means no heat and noise.
- Secure, hidden server farm
- Payment in either Bitcoin or by bank transfer. Plans to accept other currencies and credit cards are being made.
- Portfolio Optimization
“Genesis Mining is the most efficient way of altcoin mining I can think of. Fortunately I found this Website before purchasing my own equipment. I'm very satisfied with their performance and support.”
- Rene H., Germany, Testimonial
“So far our general impressions from the service are positive…”
"We highly recommend them and we are sure that they will grow very big in the cloud mining business."
"Genesis Mining is one of our biggest clients and proven to be a reliable and trustworthy business partner. Their transparent mining sites and high quality software infrastructure together with our high end mining hardware result in a great and unique product and experience for everybody interested in mining!"
- Terry Li, CEO Zeus, Leading Scrypt Asic Manufacturing Company
"Genesis Mining is one of the leading cloudmining companies and a trustworthy partner of ours. It's good to see that they are an honest cloudmining service which shows their farms openly to the public."
- Guy Corem, CEO Spondoolies-Tech, Leading Bitcoin Asic Manufacturing Company