Difference between revisions of "Genesis Mining"

From Bitcoin Wiki
Jump to: navigation, search
Line 30: Line 30:
[[Category:Bitcoin exchanges]]
[[Category:Alternative currencies]]
[[Category:Companies established in 2014]]

Revision as of 13:06, 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]


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]


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.