Hashpower hosting service Genesis Mining is forcing some customers to upgrade their mining contracts due to the serious decline in digital currency prices.
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.
- News
- News
Genesis Mining is facing a cease and desist order from South Carolina, which considers its mining contracts were offered illegally.
- Brief
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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by Joseph Young
Cloud mining companies get prepared to mine the privacy-focused cryptocurrency Zcash starting October 28.
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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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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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by Allen Scott
Genesis Mining has grown quickly amidst a rapidly-expanding cloudmining market and is now the SHA and Scrypt mining industry leader.
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