Genesis Mining

Genesis Mining

Use Code costXe and get 3% discount on every purchase of Genesis Mining

Genesis Mining was founded in 2013. It currently has mining operations located in Europe, America and Asia, but specific sites are not known to the public for security reasons.

Get this:

Genesis Mining is an exploration company with the most transparent clouds and not a scam.

Hashing24 and GM are the only two mining companies cloud which we are even ready to write.

This is probably the largest and most popular cloud provider Bitcoin exploration, Ethereum and other parts.

He even registered with the SEC a Bitcoin mining fund.

Note that this does not mean that Genesis Mining is profitable, but means that Genesis Mining honestly offers the services it offers.

It is important to note that these mining contracts are lifetime contracts, meaning they have no maturity date and, until the contract is profitable, you will continue to operate and receive payments.

How does Genesis Mining?

Genesis Mining, according to its website, is an easy and secure way to buy hash power without having to deal with complex hardware and software configuration.

Genesis Mining specializes in the construction of mining platforms more efficient and reliable as they offer their guests to rent.

All you need to do is set up an account with them to begin extraction.

After registration, fund your account via Bitcoin, PayPal, credit card or bank transfer, then choose the mine plan that suits you best.

Price
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Use Code costXe and get 3% discount on every purchase of Genesis Mining

For beginners, you can start with a mining contract Bitcoin 100 GH / s (Gold) which will cost you $ 19. This will help you understand how the cloud mining and what is the profitability.

If this turns out to be small, you can try the Bitcoin mining contract 2 000 GH / s (Platinum) and it will cost you $ 340.

The third and most important is the mining contract Bitcoin 10,000 GH / s (Diamond) which will cost you $ 1 600.

What currencies can you do?

Genesis mining saves you different rooms, but it depends on the contract you buy.

 different contracts and different pieces that you can extract:

For X11 contracts you can extract the following: Bitcoin, litecoin, Dogecoin, Dash, peercoin, Startcoin and Namecoin.

For SHA-256 contract, you can extract the following parts: Bitcoin, litecoin, Dash, and Zetacoin Darkcoin.

Profitability

Of course, it is not logical to buy Genesis Mining contracts if it is not profitable.

With this in mind, analyze the profitability of different contracts I mentioned in the previous section, namely SHA-256 and X11.

Please note:

 The price of each room, the difficulty of the network and the chopping rate change daily. Read our article on mining profitability for details.

SHA-256: You can expect payments 0,37mBTC by 1TH / s per day and a cost of 0.25 per 1TH BTC / s, while planning a payback period after about 670 days.

X11: You can expect payments of 0.027 MBTC by 1MH / s per day and a cost of 13.6 MBTC by 1MH / s is expected to break even after about 500 days.

It is also important to keep in mind that for life contracts as long as they are profitable, a small maintenance fee is deducted.

How Genesis Mining is different from other cloud providers exploration?

As mentioned above, Genesis Mining is the largest cloud provider exploration and more popular.

Genesis Mining has mining simple and enjoyable experience.

For minor, a significant investment in the mining equipment is required. If you nouiez mine with Genesis Mining, you will not have to face the hassle of setting up the equipment or maintenance of mining platforms.

With Genesis Mining, remember that you operate online, you will not have to deal with large systems that produce a lot of heat. There is no pool of mining costs.

One factor that really stands out is the fact that you can decide which items you want to lead with the workforce purchased.

This allows you to divide your total labor force in different coins.

Clearly, GM aims to provide both the means minor and major investor. Genesis Mining currently has more than 300,000 members.

There were serious concerns about whether Genesis Mining is legitimate or a scam, but after doing some research, it is quite clear that this is not a scam; This does not mean that Genesis Mining is profitable, but means that Genesis Mining honestly offers the services it offers.

Genesis Mining is ideal for minors who wish to clouds of mine without having to undergo the stress of choosing a bitcoin mining pool, a hardware, software or a home installation.

Join Genesis Mining and enjoy all of its features 

Use Code costXe and get 3% discount on every purchase of Genesis Mining