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.
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
How to crypto
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
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
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
The head of operations at Genesis Mining thinks the value of Bitcoin as a hedge against banks may grow in face of economic meltdown.
Genesis Mining: If Economic Crisis Deepens Bitcoin Will Shine as the New Gold
Crypto mining seems popular among students, but does this “free” money thing really work?
‘Free’ Money: How Students Mine Cryptocurrency in Their Dorm Rooms
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 Compels Certain Customers to Upgrade BTC Mining Contracts