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 company has 400 MW of capacity spread across three continents, but most of its power is concentrated in Texas.

Genesis Digital Assets opens three new facilities in South Carolina in US expansion

2023-08-01T18:30:00+01:00

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BTC mining is an exciting and fast-scaling industry to be a part of. Just make sure that you set your roots down in the right place.

4 factors to consider when choosing an industrial-scale Bitcoin mining location

Abdumalik Mirakhmedov

2022-02-13T17:13:00+00:00

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Starting on Tuesday, no new requests for power from Bitcoin mining operations will be accepted from the country’s energy utility service.

Iceland cuts power to new Bitcoin miners

2021-12-08T05:35:41+00:00

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Genesis Digital Assets’ new Bitcoin Texan mining center will have a capacity of 300 megawatts.

Genesis Digital Assets announces new data center in Texas

2021-11-02T02:48:57+00:00

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Genesis Digital previously raised $125 million in an equity funding round led by Kingsway Capital in July 2021.

Bitcoin miner Genesis Digital Assets raises $431M

2021-09-22T09:14:51+01:00

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Operational costs are high, but Bitcoin miners are making money hand over fist. Here’s how to join them and profit.

No gear, no problem! 3 ways to earn Bitcoin through cloud mining and staking

Jordan Finneseth

2021-08-13T23:30:00+01:00

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A survey from Genesis Mining has found that most Bitcoin investors aren’t expecting a $50,000 BTC price in 2030 — although 3.5% of respondents tipped prices exc...

Shock survey suggests most investors think Bitcoin won’t top $50K by 2030

2020-12-15T01:39:18+00:00

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A 30% drop in hashrate was predicted by industry insiders, who believe it to be bullish for Bitcoin.

Bitcoin Hashrate Drops 30% — A Bullish Sign, Say Insiders

Michael Kapilkov

2020-05-14T20:31:00+01:00

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