Difference between revisions of "Genesis Mining"

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'''Genesis Mining''' is a company that sells [[bitcoin mining]] contracts and is currently one of the largest [[cloud mining]] companies in the world.<ref>{{cite web|title=Genesis Mining – Examining The Largest Scrypt Cloudmining Provider|url=https://www.cryptocoinsnews.com/genesis-mining-explaining-largest-scrypt-cloudmining-provider/|publisher=CryptoCoinsNews|accessdate=19 May 2015}}</ref><ref>{{cite web|title=The magic of mining|url=http://www.economist.com/news/business/21638124-minting-digital-currency-has-become-big-ruthlessly-competitive-business-magic|publisher=[[The Economist]]|accessdate=19 May 2015}}</ref> The company is active in the Bitcoin community and is frequently seen at events across the world including in [[Paris]], [[New Zealand]], [[Los Angeles]], [[New York City]], [[Hong Kong]].<ref>{{cite web|title=How the ”Impossible” Became the Future: A Talk with Genesis Mining’s Marco Streng|url=http://cointelegraph.com/news/111394/how_the_impossible_became_the_future_a_talk_with_genesis_mining_s_marco_streng|publisher=CoinTelegraph|accessdate=19 May 2015}}</ref>
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'''Genesis Mining''' is a company that sells [[bitcoin mining]] contracts and is currently one of the largest [[cloud mining]] companies in the world.<ref>{{cite web|title=Genesis Mining – Examining The Largest Scrypt Cloudmining Provider|url=https://www.cryptocoinsnews.com/genesis-mining-explaining-largest-scrypt-cloudmining-provider/|publisher=CryptoCoinsNews|accessdate=19 May 2015}}</ref><ref>{{cite web|title=The magic of mining|url=http://www.economist.com/news/business/21638124-minting-digital-currency-has-become-big-ruthlessly-competitive-business-magic|publisher=[[The Economist]]|accessdate=19 May 2015}}</ref> The company is active in the Bitcoin community and is frequently seen at events across the world including in Paris, New Zealand, Los Angeles, New York City, Hong Kong.<ref>{{cite web|title=How the ”Impossible” Became the Future: A Talk with Genesis Mining’s Marco Streng|url=http://cointelegraph.com/news/111394/how_the_impossible_became_the_future_a_talk_with_genesis_mining_s_marco_streng|publisher=CoinTelegraph|accessdate=19 May 2015}}</ref>
  
 
==History==
 
==History==

Revision as of 13:02, 13 July 2015

Genesis Mining
IndustryTemplate:Unbulleted list
FoundedFebruary 2014

Genesis Mining is a company that sells bitcoin mining contracts and is currently one of the largest cloud mining companies in the world.[1][2] The company is active in the Bitcoin community and is frequently seen at events across the world including in Paris, New Zealand, Los Angeles, New York City, Hong Kong.[3]

History

The company was formed after the three founding partners realized there was a need for a legitimate cloud mining provider in an industry full of fraudulent companies.[4] From there they set out to offer cloud mining services to active users and new mainstream users. Genesis Mining launched in February of 2014.[5]

Services

Their services allow customers to purchase mining contracts, which allow them to mine Bitcoin and altcoin through a cloud-based computer network.[6] Their mining farms are based in Iceland, Canada, and Bosnia.[7]

Genesis Mining offers scrypt and sha256 mining. Coins that can be mined (directly or indirectly by auto-conversion) include inter-alia:

A mining farm of Genesis Mining located in Iceland. The picture shows mainly Zeus scrypt miners.

References

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