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.

Analysis

‘Free’ Money: How Students Mine Cryptocurrency in Their Dorm Rooms

APR 07, 2019
by Stephen O'Neal

Crypto mining seems popular among students, but does this “free” money thing really work?

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News

Genesis Mining Compels Certain Customers to Upgrade BTC Mining Contracts

AUG 17, 2018
by Ana Alexandre

Hashpower hosting service Genesis Mining is forcing some customers to upgrade their mining contracts due to the serious decline in digital currency prices.

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News

South Carolina Wants To Ban Genesis Mining Over Unregistered Securities

MAR 12, 2018
by William Suberg

Genesis Mining is facing a cease and desist order from South Carolina, which considers its mining contracts were offered illegally.

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Sponsored

Artemine Creates Major Technical Breakthrough, Introduces Public Mining

SEP 12, 2017
by Jon Buck

Minereum introduces Artemine, a new platform which continues the Minereum mining evolution, offers P2P genesis address sales.

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Brief

Ethereum Miners Opt for Leasing Boeing 747s to Ship Critical Amount of GPUS

JUL 29, 2017
by Joshua Althauser

Several cryptocurrency miners, including Genesis Mining, have resorted to leasing Boeing 747s to ship Advanced Micro Devices’ (AMD) graphic processing units (GP...

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With Launch of Zcash Approaching, Mining Companies Get Prepared

OCT 20, 2016
by Joseph Young

Cloud mining companies get prepared to mine the privacy-focused cryptocurrency Zcash starting October 28.

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Blockchain for the People: How to Break Down Entry Barriers to Digital Money

OCT 14, 2016
by James Smith Jr

What are the ways to break down entry barriers to digital money? Three companies - CoinsBank, QIWI and Genesis Mining - suggest their answers to this question.

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Bitcoin Above All: First P2P Transaction in Space

SEP 17, 2016
by Joseph Young

Genesis Mining has successfully settled the first peer-to-peer Bitcoin transaction in space with the help of a weather balloon.

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Cloud Mining vs Traditional Mining: How to Minimize Risks

FEB 26, 2016
by Amelia Tomasicchio

The future belongs to cloud mining, say experts interviewed by Cointelegraph.

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Bitcoin Awareness Campaign Launches Across Major U.S. Cities

OCT 28, 2015
by Evander Smart

I 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 abou...

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Life Inside a Bitcoin Mine: Interview with Genesis Mining’s Marco Streng

AUG 28, 2015
by Evander Smart

Cointelegraph 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 ...

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

AUG 15, 2015
by Aaron van Wirdum

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...

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

AUG 13, 2015
by Daniel O. Nyairo

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...

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

JUN 15, 2015
by Evander Smart

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

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

APR 07, 2015
by Allen Scott

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 ...

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