Genesis Mining Press

There’s no need to spend time persuing mainstream publications for the latest cryptocurrency news when Genesis Mining provides the latest bitcoin mining news you need right on our site!

Check back regularly for information on the future of bitcoin mining and Genesis Mining’s recent press features.

NEWSBTC

India Hosts Genesis Mining’s First BlockSpeak Conferences

NEWSBTC / Category / News / Bitcoin / Event / Written by Gautham / Published on

Genesis Mining 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. And now, the company has entered India with an aim to tap on to the country’s growing interests in the digital currency as the next investment haven.

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Newsweek

Bitcoin Just Became More Valuable Than Gold. Why Does the Price Keep Rising?

Newsweek / Author Anthony Cuthbertson / Published on

The media has announced the death of bitcoin more than 100 times since its inception in 2009, yet its value continues to rise and reach new records. The price of bitcoin hit all-time highs for four days in a row this week, peaking at $1,293 on Friday. With gold trading at $1,230 an ounce, this is the first time one bitcoin is worth more than a troy ounce of gold.

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Bloomberg Business

Bitcoin’s Top Rival Is Up 90% and Ready to Ditch Mining

Bloomberg Business / Category / News by Olga Kharif / Published on

Marco Streng’s computer servers are what make Ethereum tick.
Thousands strong, they whir day and night, solving the complex math riddles that are essential to verifying transactions on the hottest new platform in the world of cryptocurrencies and blockchains. Without these machines, or those deployed by Streng’s biggest rivals, there would be no Ethereum.

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Das Erste

Bitcoin - The money of the future?

Das Erste / Author Annette Dittert / Published on

What currency has doubled its value relative to the Euro last year? The Bitcoin, the digital online currency, with which one is barely in contact with German everyday life - unlike elsewhere - hardly as a means of payment.

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LeMonde

Roller coaster for the Bitcoin

LeMonde.fr / Category / Economy / Written by Marie de Vergès / Published on

Beware of turbulence! After spending a few days in excess of 1,000 dollars (944 euros), Bitcoin - the most famous of digital currencies - collapsed on Thursday 5 January by more than 20% in ninety minutes. The cryptocurrency then recovered and evolved Friday morning around 980 dollars.

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Forbes

Bitcoin gets within touching distance of all-time high and boosts other cryptocurrencies with it

Forbes / Category / Technology / Written by Arjun Kharpal / Published on

Bitcoin moved to within touching distance of its all-time high on Thursday with the recent rally in prices also supporting a rise in alternative cryptocurrencies.

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Reuters

Bitcoin plunges as much as 20 percent as Chinese yuan soars

Reuters / Category / Technology News / Written by Jemima Kelly / Published on

A dramatic rally in digital currency bitcoin came to a spectacular end on Thursday with a plunge of up to 20 percent as China’s yuan rose sharply - further evidence of an intriguing inverse relationship between the pair.

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CalvinAyre.com

Sliding yuan spurs bitcoin to reach new all-time high

CalvinAyre.com / Written by Jasmine Solana / Published on

Risk-averse traders, who have given up on the weakening Chinese yuan, have pushed bitcoin to a new all-time high. Bitcoin’s price reached $1,140.64 on Wednesday, breaking the $1,137 price it hit in November 2013. In December, the popular digital currency also surpassed its all-time high in total market capitalization, and has since surpassed $16.1 billion.

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Forbes

Meet The 27-Year-Old Mathemetician Building A Bitcoin Empire

Forbes / Category / Entrepreneurs / Contibutor Julian Mitchell / Published on

Since being introduced by Satoshi Nakamoto in 2008, Bitcoin has swiftly evolved to transform the way we imagine global currency in a digital world. Developed by programmers and released as open-source software in 2009, Bitcoin is credited as the first decentralized digital currency, commonly referred to as cryptocurrency, serving as an alternative peer-to-peer payment system.

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Vice Motherboard

You Could Be Mining This Cryptocurrency Without Knowing It

Vice Motherboard / Written by Jordan Pearson / Published on

Zcash is a new virtual currency that claims to be more anonymous than bitcoin, and has garnered interest from academics, investors, and criminals. Perhaps thanks to the latter group, hackers are allegedly installing software on unsuspecting users’ computers that forces them to mine Zcash for the hackers’ own profit.

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The Huffington Post

What’s the Future of Bitcoin Mining?

The Huffington Post / News by Nick Hastreiter / Published on

These Bitcoin miners provide computing power to the Bitcoin network which solves the complex math problems required to power the network in exchange for a fee, paid out, of course, in Bitcoin.

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CNBC

Bitcoin Miners Face Fight for Survival as New Supply Halves

CNBC / Category / Bitcoin / News by Reuters / Published on

The most important thing is to be the most efficient miner. When the others drop out, that means that they leave the market and give you a bigger share of the pie.

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Fortune

Bitcoin Miners Face Fight for Survival as New Supply Halves

Fortune / Category / Tech / Bitcoin / News by Reuters / Published on

The move is a step designed to keep a lid on bitcoin inflation.

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Bitcoinist

Marco Streng of Genesis Mining on Ethereum and DASH Mining.

Bitcoinist.net / Category / Altcoins / News by Scott Fargo / Published on

Genesis Mining quickly expanded their GPU mining capacity to fulfill the growing demand for Ethereum mining as well as other algorithms like DASH.

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International Business Times

Genesis Mining launches Enigma, the world's largest ether cloud mining farm

International Business Times / Category / Finance / Bitcoin / Fintech by Ian Allison / Published on

Genesis Mining, the eco-friendly Bitcoin cloud mining provider, has launched Enigma, the world's largest ether cloud mining farm.

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Bloomberg Business

The Return of Bitcoin Mining

Bloomberg Business / Category / News by Olga Kharif / Published on

Bitcoin mining is looking a bit more attractive again.
Higher prices are fueling a comeback in the business of creating new virtual currency.

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Bitcoin Magazine

Bitcoin Is Growing up - an Infographic of the Bitcoin Ecosystem

Bitcoin Magazine / Category / Bitcoin by Jacob Donnelly / Published on

Bitcoin has come a long way from that initial statement by Bitcoin's pseudonymous founder, Satoshi Nakamoto. The technology is growing up and changing from its early days as a project adopted by impassioned technologists and libertarians to a technology widely researched and used by financial institutions worldwide.

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Leaprate

Top Bitcoin Myths – #4: Bitcoin is a Ponzi scheme or a ‘tulip mania’

Leaprate / Category / News / Published on

Many have accused Bitcoin of being a Ponzi Scheme. These critics explain this by stating that early adopters who invested early are going to profit as more investors come in. This argument is rather foolish in the sense that it describes the scenario of any new technology, innovation, or company.

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Inside Bitcoins

Will Bitcoin Rise Through the End of the Year?

Inside Bitcoins / Category / News / Published on

2015 has not been a year without its hurdles. Bitcoin enthusiasts have encountered several scares over the last several months, regularly witnessing their favorite digital coin drop and fluctuate to the point that our mental states seemed to heading into very fragile territory.

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Inside Bitcoins

Genesis Mining Launches Nationwide Bitcoin Advocacy Campaign!

Inside Bitcoins / Category / News / Published on

Genesis Mining, one of the first and more reputable cloud mining companies in the industry, recently launched a nationwide Bitcoin advocacy campaign, which is more focused on encouraging the consumer to form their opinion regarding Bitcoin than promoting Genesis Mining.

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Criptonoticias

Genesis Mining lanza campaña publicitaria abogando por el Bitcoin

Criptonoticias / Category / News by Jaime Sandoval / Published on

With the title "Bitcoin Explorer", the leading provider of cloud-mining Bitcoin and other criptmonedas, Genesis Mining, launched an outdoor advertising campaign in the United States designed to promote and raise awareness of the possibilities that brings the world Bitcoin.

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Leaprate

Top Bitcoin Myths – #3: Bitcoin allows for anonymous payments

Leaprate / Category / News / Published on

The best way to define Bitcoin is to visualize it as a public ledger. This ledger records every transaction that occurs on the network and every transaction that will ever occur on the network.

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Dce brief

Bitcoin Weekly Recap 10-30-2015 - Genesis Mining Begins New Bitcoin Public Awareness Campaign in U.S.

Dce brief / Category / News / Published on

On Monday, Genesis Mining launched what it hopes will be an effective national campaign to increase the American public’s awareness of Bitcoin and its many benefits.

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News btc

Bitcoin Advocacy Campaign To ‘Open’ People’s Minds

News btc / Category / Bitcoin News / Blockchain Technology / News by Nikhil Gupta / Published on

Genesis Mining, a leading cryptocurrency cloud mining provider, has launched a nationwide outdoor advertising campaign in the United States with the aim of raising awareness on the potential of digital currency Bitcoin, and what it is capable of providing to the world.

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Blasting News

Bitcoin advertising posters in taxis and on public roads

Blasting News / Category / Bitcoin / Published on

The people of South Florida, Washington DC, Chicago, Boston, and San Francisco, in the United States, read, for the first time, the word "Bitcoin" in billboards on public streets and on rooftops. Taxis, accompanied by legends like "Why pay money to send money?" Or "Bitcoin is not a company, Bitcoin is not an organization, Bitcoin is a technology".

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Leaprate

Top Bitcoin Myths – #2: Bitcoin does not solve any real world problems

Leaprate / Category / Bitcoin / Published on

Many people believe that Bitcoin does not have any relevance to real world problems. Yet it does. Bitcoin solves innumerable real world problems.

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Leaprate

Top Bitcoin Myths – #1: Bitcoin is a tool for criminals to purchase drugs, launder money, and finance terrorism

Leaprate / Category / Bitcoin / Published on

Since the first days of Bitcoin the press and other commentators (who should know better) have continually tied Bitcoin to criminal activities ranging from money laundering, to drug transactions to even terrorism.

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The Economist

The magic of mining

The Economist / Category / News / Business / Published on

The computers that solve the puzzles also process transactions in the currency and update the blockchain. Every ten minutes each machine or group of machines takes a block of pending transactions, and uses it as the input for a mathematical puzzle.

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Brave New Coin

Op-Ed: Marco Streng of Genesis Mining is a Bitcoin Bull

Brave New Coin / Category / News / Published on

Bitcoin is too volatile. Bitcoin is too small. Bitcoin is too risky. These are the types of headlines I am reading over and over again every day and have been for the last 4 years.

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Cointelegraph

Life Inside a Bitcoin Mine: Interview with Genesis Mining's Marco Streng

Cointelegraph / Category / Interview by Evander Smart / Published on

CoinTelegraph spoke with Genesis Mining head Marco Streng on the current state of the mining industry, the Life Inside a Bitcoin 8 Mine project that aims to make cloud mining transparent, and how he sees the Bitcoin industry moving forward.

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Coinspeaker

Genesis Mining Shows Life Inside a Bitcoin Mining Farm in Iceland

Coinspeaker / Category / Companies / Mining / News by Polina Chernykh / Published on

One of the largest cloud bitcoin mining providers, Genesis Mining, has launched a 24-hour live stream from inside a mining facility located in Iceland. The mine is equipped with powerful computers that are needed to process transactions in digital currency.

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Nypost.com

Bitcoin miners play down Ponzi fears with ‘nanny cam’

Nypost.com / Category / Tech by James Covert / Published on

These bitcoin miners don’t wear hardhats, they don’t use picks and shovels — and they’re not running a Ponzi scheme. That’s the urgent message from Genesis Mining, a global firm.

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Business Insider Australia

Look inside the surreal world of an Icelandic bitcoin mine, where they literally make digital money

Business Insider Australia / Category / News by Rob Price / Published on

Mining is the backbone of bitcoin. It’s the process that creates new bitcoin: By contributing computing power to process transactions on the bitcoin network, “miners” are rewarded with a portion of the digital currency.

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Actualidad.Rt

That is a 'mine' of bitcoins inside

Actualidad.Rt / Category / Economy / Published on

Although bitcoins may occur in home computers, there are now many companies 'mining' digital with the help of large computers dealing with 'extraction' of the virtual currency.

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Business Insider UK

Look inside the surreal world of an Icelandic bitcoin mine, where they literally make digital money

Business Insider UK / Category / Trending by Rob Price / Published on

... of bitcoin. It's the process that creates new bitcoin: For contributing computing power to process transactions on the bitcoin network, "miners" are rewarded with a portion of the digital ...

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News btc

Genesis Mining Offers Hive to Large-Scale Bitcoin Miners

News btc / Category / News by Sarah Jenn / Published on

Genesis Mining, one of the largest bitcoin mining companies around, recently updated its web interface to give bitcoin miners better control over their digital currencies.

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Bitcoinist

New Genesis Mining Tool Seeks Industrial Bitcoin Mining Efficiency

Bitcoinist.net / Category / Mining / News by Yessi Bello Perez / Published on

Genesis Mining has launched a new web interface which will enable miners to gain greater control of their bitcoin mining operations.

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Moneymorning.com

How to Buy Bitcoins with Cloud Mining

Moneymorning.com / Category / Featured content by David Zeiler / Published on

Of all the ways how to buy bitcoins, cloud mining may be the most unusual.
With Bitcoin cloud mining, you don't buy bitcoins or the actual hardware used to "mine" it. You buy a contract for a certain amount of mining power, known as "hashing power" for a certain period of time.

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Cryptocoins News

Please Raise the Block Size: Bitcoin Mining Community Poll

Cryptocoins News / Category / News / Interview by Evander Smart / Published on

The biggest topic in Bitcoin over the last month has been what to do with the size of blocks within the block chain. Mike Hearn and Gavin Andresen have been vocal and influential proponents of a size from 1 MB o 20 MB blocks to ease the growth of Bitcoin as a global currency.

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Cryptocoinupdates.com

Thoughts on The Future of Bitcoin From Genesis-Mining’s CEO Marco Streng – Established Bitcoin Cloud Mining Company

Cryptocoinupdates.com / Category / News / Published on

Established in 2013 and one of the biggest Bitcoin cloud mining platforms in the planet, Genesis-Mining's CEO Marco Streng shares his thoughts on the feasible potential of Bitcoin.

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Cryptocoinsnews.com

Cloud mining will profit from bitcoin price rise, says Genesis Mining CEO

Cryptocoins News / Category / News / Interview by Dean Walsh / Published on

Striking a positive note on the future of an industry which has been in turmoil over recent months, Streng claims that his company is currently in a “favourable position”. They could keep operating even if the price of btc were to fall as low as $100 USD.

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bankinnovation.net

Most ‘Bitcoin Cloudmining Operations’ Are Ponzi Schemes

bankinnovation.net / Category / All posts / Exclusive by Philip Ryan / Published on

The warning signs of a possibly fraudulent operator, Steng said, are if the provider is anonymous and does not show pictures of his facility. Because bitcoin mining is now done on an industrial scale (and mostly in cold climates, where mining machines can be cooled inexpensively,) it is standard practice to show off the capabilities of the facility...

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The Economist

The magic of mining

The Economist / Category / News / Business / Published on

A HUGE aircraft hangar in Boden, in northern Sweden, big enough to hold a dozen helicopters, is now packed with computers—45,000 of them, each with a whirring fan to stop it overheating. The machines (pictured) work ceaselessly, trying to solve fiendishly difficult mathematical puzzles. The solutions are, in themselves, unimportant.

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Cryptocoinsnews.com

Marco Streng, CEO of Genesis Mining Talks Project X and Cloud Mining

Crypto Coins News / Category / Altcoin Mining / Bitcoin Mining / News / Published on

At the Hasher’s United conference in Las Vegas, Genesis Mining unveiled their Project X platform as the next evolution in their cloud mining service.

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Cryptocoinsnews.com

Genesis Mining - Examining the Largest Scrypt Cloudmining Provider

Crypto Coins News / Category / Altcoin Mining / Bitcoin Mining / News / Published on

The race against the electric meter began already in 2011 for Marco Streng in his home. He built a rig and minted the first Altcoins, focused on Litecoin (LTC).

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yBitcoin

A Prodigy's Turn to Bitcoin

yBitcoin / Category / yPioneer / Article by yBitcoin Volume 1 Issue 4 / Published on

Some three years ago, Marco streng had every intention of parlaying his lifelong fascination with math and physics into the completion of university work in his native germany before going to an academic or scientific career.

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Cryptocoinsnews.com

Genesis Mining Has Become The World's first large Scale Multi-algorithm Cloud Mining Service

Crypto Coins News / Category / Press releases by Drew Cordell / Published on

Genesis Mining is an easy and safe way to purchase scrypt hashpower without having to deal with the complex hardware and software setup. We are a team of mining experts with thorough knowledge in the digital currency sector.

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Cointelegraph

How the ”Impossible” Became the Future: A Talk with Genesis Mining's Marco Streng

Cointelegraph.com / Category / Interview by Armand Tanzarian / Published on

Marco Streng's company, Genesis Mining, became the largest Scrypt hashpower provider this spring, just a few months after its launch. Now, the team has re-launched their website and tweaked the company's offer. We reached out to Streng to get more details on what is going on with the company.

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Bitcoinist

Mining Roundup: Walmart, BFGMiner and Altcoins in the Cloud

Coindesk.net / Category / Altcoins Investors Mining News / Interview by Daniel Cawrey / Published on

Bitcoin's breakthrough from a rather stagnant price has certainly made miners happy as of late. It might even entice the masses to splurge on a mining unit or two. Such an occurrence would certainly help the network as a whole.

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Bitcoinist

Genesis Mining: A Cloud Scrypt Mining Provider

Bitcoinist.net / Category / Mining News Reviews Services / Interview by Bitcoinst.net / Published on

Genesis Mining did a really good job with the user interface and allowing people to choose what coin they would like to mine, giving them complete freedom as if they really did own rig. Their clean, intuitive interface should be a hit with newcomers and veterans alike.

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Digitalmoneytimes

Genesis-Mining: Start Mining For As Low As 14 Cents Per Kilohash Bitcoin 2014 Interview

Digitalmoneytimes.com / Crypto News / Interview by JP Buntinx / Published on

We previously touched on Genesis-Mining, a company offering Scrypt cloud mining with yearly contracts and cheap prices. After the first round of feedback from users, they have decided a few things, so let's take a look!

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