What Genesis Mining Offers

Who we are and what we offer

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Why Choose Genesis Mining?

Genesis Mining offers you a smart and easy way to invest your money. Our bitcoin mining system is suitable for those who are new to the world of crypto currencies, as well as for cryptocurrency experts and large-scale investors. Genesis Mining is the World’s first large scale multi-algorithm cloud mining service offering an alternative to those who would like to engage in Bitcoin and altcoin mining.

We are a team of experts in the digital currency sector, and our bitcoin mining algorithm is designed to provide the most efficient and reliable bitcoin mining rentals.

Our offer

The benefits of mining with us

We have many reasons to think that no other bitcoin mining system or home built mining rig can top our offer. Here is the list of the advantages of choosing our special mining services.

Smart and unique solution

Until August 2014 we were specializing on special, unique, and smart Bitcoin mining techniques. We were (and still are) mining the most profitable portfolio of altcoins, which we then exchange to Bitcoin upon need. This way, instead of mining in the overcrowded Bitcoin farm market, we are specializing on mining Altcoins, which we then exchange to Bitcoins. This way we can go around the problem that the difficulty of mining is rising at an incredible pace.

However, due to the increasing demand on our clients’ side, we decided to enable the direct mining of Bitcoin. In August 2014 we became the World’s first large scale multi-algorithm cloud mining service!

Cryptocurrency Mining Profitability

No matter which package you choose, you are renting the latest technology, which guarantees profitability for as long as possible. Also, the rigs you rent consume very cheap electricity and are cooled efficiently, thanks to the optimal locations of our farms. To top this, there is no waiting for delivery and no downtime, which means you are not wasting even a second of mining.

Time is valuable, but it is more valuable on the Bitcoin market! See more at the Pricing section.

Mining becomes a pleasant experience

First of all when you decide for a contract with us you can forget about the complicated set up and maintenance of a mining rig. Secondly, you are mining online, without having loud rigs in your home that need a lot of space and intense cooling.

As the cherry on top, we have a beautiful and simple to handle user Interface, praised by all our clients and the reviews that were written about us.

Real company with real people working for it

We see many other companies, even very well known ones with excessive advertisement that don't disclose any information about themselves or their founders, and are offering impossibly low prices.

We are traceable and transparent, and we hope that our clients can see our efforts in trying to be present and active on different forums and conferences.

For us it's most important to show that we have nothing to hide!

Regular promotions

There are regular promotions, where our dedicated customers receive automatic upgrades or promo codes to have percentages added to their hashpower, or to have percentages off of their contract price. We have an affiliate program as well, through which it is possible to get really appealing upgrades just by inviting friends.

Simple Pricing

No pool fees. You don't have to pay or wait around for shipping. You are not wasting even a second of mining, you start immediately. No downtime due to system crashes.

You purchase hashpower that you keep for a lifetime, it's that simple!

Supporting Altcoins

We believe that Altcoins have high importance, because diversity fosters innovation. The many different coins with their strong communities are an inseparable part of the digital currency sector and we stand by their side with full support.

From time to time we expand the list of coins our clients can mine. We announce polls on our Facebook profile, where everybody can vote on their preferred coin to be added next.

Mining different coins at the same time

Our customers can decide which coins they want to mine with their purchased hashpower.

The allocation of the hashpower between the coins is completely flexible, and thanks to our great user interface, very simple and fun to do, too.

Bitcoin is - simply put, a digital currency. The reason why we (and many others) think it is such a remarkable innovation is that this digital money is not controlled by any central authority. The Bitcoin network is completely decentralized, the currency itself is produced by a community, to which anyone can freely join. Bitcoin can be transferred almost freely and instantly in contrast to a bank transfer, where one must pay a significant amount of money and the completion might take days.

Bitcoin is not like the money we know, it is produced and held digitally. It is created by a network of computers that use a certain software, solving mathematical problems. There will be only a finite number of Bitcoins that can ever be mined, so inflation is not a problem of this currency.
An online payment with Bitcoin is fast, secure and as anonymous as you want it to be, and the number of goods and services for which you can pay with digital currencies is constantly growing as well.

Soon after the launch of Bitcoin other cryptocurrencies started appearing.

By now there are hundreds of new coins introduced to the market, which differ from Bitcoin in some or many characteristics. For example they can be mined with less effort than Bitcoin, and the number of coins that can be ever mined also varies in the case of each coin. The most important difference between altcoins and bitcoin is their proof of work algorithm. In the case of altcoins the algorithm does not contain the protocol of increasing difficulty, which means it's easier and more rewarding for the individual to mine them than mining Bitcoin.

The success of a certain coin mostly depends on the strength of the community it creates. The altcoin that has the biggest market share after Bitcoin is Litecoin.

Bitcoin is created by the act of mining. The members of the network provide their computational power for calculations of mathematical problems, and for this effort they are rewarded with bitcoins. However, the more members are mining, the more competitive is gets. Computers are really good at solving these mathematical problems, so the Bitcoin Network purposely makes the solution more and more difficult, otherwise all of the bitcoins would be mined in a couple of minutes. This is why there are already many highly specialized hardware on the market, their only purpose being exclusively Bitcoin mining.

As new models come out quite frequently, everyone must regularly optimize their mining gear, in order to stay competitive. Once a new mining rig is introduced to the market, the old ones quickly become outdated and therefore unprofitable. At the same time this gradual development of the technology increases the overall difficulty of mining again. The result is a never ending circle of the constant need to optimize. This explains why it's a must to start with the best available hardware and to start immediately in order to mine profitable for as long as possible as well as not to lose a minute of precious mining time.

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We always use and always will use the most recent mining hardware - stay ahead of technology!