News
A 30% drop in hashrate was predicted by industry insiders, who believe it to be bullish for Bitcoin.
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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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The head of operations at Genesis Mining thinks the value of Bitcoin as a hedge against banks may grow in face of economic meltdown.
11377 - Analysis
Crypto mining seems popular among students, but does this “free” money thing really work?
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Hashpower hosting service Genesis Mining is forcing some customers to upgrade their mining contracts due to the serious decline in digital currency prices.
10260 - News
Genesis Mining is facing a cease and desist order from South Carolina, which considers its mining contracts were offered illegally.
30674 - Sponsored
Minereum introduces Artemine, a new platform which continues the Minereum mining evolution, offers P2P genesis address sales.
13702 Several cryptocurrency miners, including Genesis Mining, have resorted to leasing Boeing 747s to ship Advanced Micro Devices’ (AMD) graphic processing units (GPUS) as quickly as possible.
24148Cloud mining companies get prepared to mine the privacy-focused cryptocurrency Zcash starting October 28.
1033What are the ways to break down entry barriers to digital money? Three companies - CoinsBank, QIWI and Genesis Mining - suggest their answers to this question.
1472Genesis Mining has successfully settled the first peer-to-peer Bitcoin transaction in space with the help of a weather balloon.
1769The future belongs to cloud mining, say experts interviewed by Cointelegraph.
14225I often sit and consider what I would do on the off chance that I had a million dollars. When I chat with people about Bitcoin, they understand very little about it.
610Cointelegraph spoke with Genesis Mining head Marco Streng on the current state of the mining industry, the Life Inside a Bitcoin Mine project that aims to make cloud mining transparent, and how he sees the Bitcoin industry moving forward.
3487In an ongoing trend of Bitcoin companies withdrawing their services from New York in response to the BitLicense, two more businesses have exited the Empire State.
1320Windows 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 news
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