- First of all, If you don't have an account, you can start by creating one here.
- After you choose a contract, and on the checkout page use our Discount Code: KQsVhj.
Copy and paste the code and don't forget to click "Validate" after you type in the code. You can use the code in more than one order. You can bookmark this page to come back to it for your next order.
- That's it, Enjoy your discount 🙂
Genesis Mining Review + 3% Discount
In many conversations about cloud mining, the name Genesis mining tends to pop up, almost inevitably. The reason is simple; Genesis mining is one of the undisputedly big cloud mining companies, and it has been in the game for pretty long. Thanks for its excellent service, the company’s client base has kept growing over time. Genesis mining reviews by customers are often positive, and this is a great assurance to a potential investor in the cloud mining business.
Having put the legitimacy questions behind us, what remains is the profitability of cloud mining. As an investor, perhaps you are wondering if you will realize Genesis Mining ROI.
The Genesis mining scam reviews you might find on the web are nothing to worry about. We have proved beyond reasonable doubt that Genesis Mining is a legitimate cloud mining company. Some companies will mint money from you claiming to be miners when they are not. But not Genesis Mining. The company has mining farms although they don’t reveal their locations for security reasons. If you haven’t registered, feel free to do it now and if you already have an account, think about buying more Hash power. With increased Hash power, you will have crypto coins flowing into your wallet for a long time as long as the mining process stays active.
If you decide to start mining with Genesis mining, make sure to use our Coupon code to get a 3% discount. “KQsVhj”
IS GENESIS MINING PROFITABLE?
Are you wondering whether you will get profits from Genesis mining? The answer is yes; you can easily realize your Genesis mining ROI. It depends mainly on the market forces and the package that you purchase. A cryptocurrency profitability calculator helps you to predict how long it will take to get your return on investment.
Bitcoin mining reviews by buyers of the Genesis cloud mining contracts show that it takes varying periods to get back what you invested and profits. The value of the crypto currency matters a lot in this respect. The Bitcoin, with its rising market value, presages good things for cloud miners. People who have bought Genesis mining contracts are enjoying their profits and here is your chance to join the party. Our final word is, yes, Genesis Mining is profitable. (Monero Cloud Mining Contracts and Bitcoin Cloud Mining Contract are the most profitable right now)
GENESIS CLOUD MINING
One of the companies that offer cloud mining is Genesis Mining. Genesis started its operations in 2013, and its growth has been tremendous. It currently boasts a number of mining farms in different locations.
Genesis Mining is probably one of the largest cloud mining companies and hash-power providers out there. I personally use their services and in my opinion, it is the most serious and secure mining company in the market. you can create an account and start mining within minutes. start by visiting genesis-mining.com and creating an account. Don't forget to use my genesis mining coupon code at the checkout to save 3% on your order (here is the code again: KQsVhj).
WHY SHOULD YOU USE GENESIS MINING?
With their smart mining techniques and availability of sophisticated equipment, Genesis comes out as a multi-algorithm cloud mining service that has taken the top ranks.Genesis mining assures the subscribers that no downtime shall affect their income because they have put in place effective compensatory mechanisms.The company has diversified, and it is also involved in the mining of Altcoins. This works well to go around the congestion and difficulty in mining Bitcoins.
The Altcoins, once mined, can then be exchanged for Bitcoins.Genesis Mining offers you frequent payouts as long as you attain the threshold amount. Users get their earnings on a daily basis.If you are a cryptocurrency enthusiast, it’s about time you signed up for a Genesis Mining account. The account guarantees you the status of a bossy miner making money from the comfort of your home and as you go about your daily activities. It is also a good platform for those who have skimpy knowledge on crypto currency.
Genesis Mining provides Bitcoin mining at the comfort of your own house, but minus the downsides of traditional mining. Genesis Mining concentrates on cloud mining, which usually means that you don't need to buy any expensive hardware. The cheapest Mining hardware would cost you around 2000$ and you will still need to pay for electricity and endure the loud fans, believe me, that's the nastiest part.
With Genesis Mining you can mine the following coins:
- Zcash (New)
Critics of cloud bitcoin and altcoin mining often state that the market is volatile. You may just eliminate whatever you've spent while that's true to a degree. Since their clients are compensated by Genesis Mining every two days, you have some protection against the markt volatility. [For all contracts but mining bitcoin you will not pay any maintenance fee]
Trustworthy Cloud Mining
Seeing as you're not able to affirm these Bitcoin cubes until you perform the job or place your cash to something, some operations might be unethical. Fortunately, Genesis Mining is a well known Bitcoin mining service with loads of consumers that are dependable and successful that support their trustworthiness.
Small initial investment (+ use our Genesis Mining coupon)
Bitcoin mining is not something which you're in a position to reap from the benefits of without creating an investment. The dimensions of your investment decides the sum that you reap in from realized bitcoin blocks. Three distinct Bitcoin Mining packaging bargains are provided by Genesis Mining.
Genesis Mining Coupon to Get the 3% Discount
When you make your purchases and payments for contracts, you will be prompted to enter a promo code.
Enter our code and get a 3% discount off the price. Once you have entered the code, press 'validate' and confirm the order. Sit back and enjoy your payouts.
What is Bitcoin?
What's a Bitcoin?
A bitcoin isn't really a Coin. In actuality, bitcoins just exist within a digital world. They're used for trades online and stored in a digital wallet. They're not controlled by a financial institution or other third party and can be almost impossible trace, even enabling individuals to purchase online without sharing their personal information. What is more important, is the fact that you can send money from anywhere to anywhere in the world, in as little as a couple of seconds to a couple of minutes. Traditionally such a transaction would take days to be processed by both banks.
Bitcoin is not the only Cryptocurrency out there, other "coins" are called collectively "Altcoins". The most important of them are Etherium, Litecoin, Ripple, DASH...
All those coins exist only online, so who is to say that bitcoins from 1 trade hadn't been invested twice? That's where mining comes from. Mining is the process that ensures that money is being created and exchanged. This process also keeps track of who owns how much.
What Exactly is Bitcoin Mining?
As already mentioned above, Bitcoin mining is used to ensure the legitimacy of every transaction made with Bitcoins [same with all altcoins]. Every Transaction is included in a block. To verify any transaction, some difficult and time-consuming calculations need to be run on computers in the networks. Miners are given a set number of bitcoins per block (based on the present bounty that's adjusted based on market changes). Want to read more about crypto currency mining? read this article.
CRYPTOCURRENCIES TAKING CENTER STAGE
It all started as an ambitious effort, and now the cryptocurrency sector is booming. Very few might have seen this coming. The massive growth of the cryptocurrencies and how they have been received cordially by the stakeholders is something that will remain indelible from memory.However, even as Bitcoin and Altcoin ads paint web pages all over the internet, we cannot brush off the complexity of the whole subject. Worry not because it is simply explained in this piece.
Let’s start by looking at cryptocurrencies in general. These are digital currencies that are used as mediums of exchange thanks to their foolproof security that is enabled by the concept of cryptography. Cryptography involves the use of mathematical principles to transfer data between peers securely.The BitcoinBitcoin is one of the cryptocurrencies currently in circulation. What makes Bitcoin stand out is the fact that it was the pioneer Cryptocurrency.
Its dominance in the market is very much pronounced to the extent that some people will mention Bitcoin when in the real sense they are talking about Cryptocurrencies at large. Bitcoin came into existence in 2009, and its creation is credited to one Satoshi Nakamoto. Suggestions are rife that the name is an alias. The adventurous few who had the guts got the first Bitcoins under their possession with the aim of gaining from them. Well, it wasn’t long before they were vindicated because the value of Bitcoins shot up. But the road journey for Bitcoins wasn’t all smooth and cozy. The currency has seen its share of hostilities, but its resilience has seen it through often.The Bitcoin, like other cryptocurrencies, is not regulated by government authorities and other international bodies.
This masking from scrutiny explains in a nutshell why the value of this digital currency often goes to a new high.The decentralization of Cryptocurrency made possible the existence of several forms of this digital mode of exchange. The other crypto coins, besides Bitcoins, are collectively referred to as Altcoins. Some of the common Altcoins include Dogecoin, Litecoin, and Ethereum, just to mention a few.Mining and The Genesis of Bitcoins Wondering how cryptocurrencies come to be? Well, Satoshi had a plan. And it deserves more than an applause and public commendation. He made a self-sustaining system that would always strive to keep the value of the Bitcoin up. This was well achieved by ‘complicating’ the process of generating a new coin and setting a limit to the maximum number of Bitcoins that can be in circulation.Mining is the process of creating new crypto currency and keeping track of transactions that are undertaken within the network.
These transactions are recorded in one unique public ledger that is called the Blockchain. People who mine are referred to as miners, and they can access the Blockchain to verify all the transactions on the Network. The verification processes ensure that only legit transactions are recorded on the Blockchain. Simply put, miners play the vital role of record keeping. The whole process of mining entails solving mathematical problems and this you won’t do with pen and paper. You require special hardware and software and a good chunk of your cash to settle the enormous electricity bills. So why go through the trouble of mining? There are rewards. Miners get compensated for their efforts. For Bitcoins, the reward depends on the current situation in the network− the complexity of solving the calculations and the number of Bitcoins in circulation thus far.
CLOUD MINING: POOLING UP THE RESOURCES
Cloud mining comes in to erase the traditional negativities of mining. This is one smart business move that eases things out. Instead of purchasing the hardware and software and grumbling about the rising electricity bills, how about we just pool these resources at a common point and share them out?
If you want to take part in cloud mining, you can opt for hosted mining where you mine from your computer but based on a remote shared server.Another option, which turns out to be the most preferred is leasing Hash Power.
Here, you don’t need to own or operate any software, but you still befit the description of a miner. Your money does it all. You simply enter into a contract with a mining company and pay them depending on the package that you want.
Alternatively, you can also sell the Hash power you purchased earlier and make a profit out of it. (not confirmed yet)
So What are you waiting for? start mining bitcoin, ethereum, dash, litecoin and other altcoins now. When you Purchase at genesis mining make sure to apply our coupon code at checkout, click the button to valid the promo. then you will be able to pay with credit card and bitcoin.
Updates on Genesis Mining Coupon and More
I will post any Updates in this section:
[30.08.2017] I made 50% of my investment back within 3 months. I bought 2 contracts Bitcoin (28% Return) and Etherium (68% Return). [Disclaimer: this is only my experience, yours may vary. Choose your contracts well.
I did choose the Coins i think will have a good future in the long run.
[05.09.2017] Genesis Mining just announced that: due to a huge amount of inquiries regarding availability of Bitcoin Mining Plans and They are expected to start offering Bitcoin mining hashpower next October 31st! And Since that's still a few weeks away, they are offering Early Bird plans to those of you who are eager to get on board. Please note that the supply is very limited. To secure your hashpower now, click here.
[05.09.2017] Genesis Mining also announced that they have returned to the regular daily payout schedule. This will surely help the company reach their goal of proving that it is the best hashpower provider in the World!
[05.09.2017] Some Companies in the Hashpower Market just changed their Terms mid-contracts. Mr. Marco Streng (CEO of Genesis Mining) Wrote the following in an Email to all customers
"Quite a few of our customers have had experiences with competitors turning to unpopular practices like changing contract terms mid contract, or adjusting prices. As we've received questions about this, I want to personally assure you that we do not have and will never add abusive clauses to our contracts. Genesis Mining is working on a long term strategy, and therefore we don't base our prices on opportunity. Your contract will run for as long as it is profitable, and under the terms we initially agreed on!"
[05.09.2017] Genesis Mining is considering adding Bitcoin Cash to their portfolio.
[07.09.2017] All Genesis mining contracts for Bitcoin are sold out. If you don't want to miss the next hashpower purchases sales subscribe to our updates. or revisit this page we will keep this section updated witht the newest updates.
[07.09.2017] Genesis Mining started a video series, entitled #EvolvewithUs. "The company gets asked a lot: "What is the difficulty in building a large farm for mining cryptocurrency?" Once again, we are in Iceland We are always updating our farms for mining. We have collected a massive amount of equipment on this farm at this location. Our GPUs are the best of the best in the blockchain technology.Genesis Mining expresses their goal of supporting the cryptocurrency community entirely by mining cryptocurrency..." [watch the trailer for more] [You can find all videos at the bottom of this page]
[05.11.2017] This Crazy time of the Forks is almost over. Bitcoin reached over 7000$. Meanwhile i got 2 Payouts from Genesis Mining. Now I made almost 65% Back. The Ethereum Mining Contract will not be profitable after all. We Wrote about this in our Review. Don't get an Ethereum cloud Mining Contracts now go instead for Litecoin or Monero mining. Or better Grab Bitcoin Mining when they will reopen for orders.
[12.11.2017] Openended bitcoin mining is Back online for a short time with Genesis Mining. Grab your hashpower fast. Last time the sale was over in 3 days. This time i bought Hashpower for 400usd i am hoping to start making minimum Payouts every 3 to 7 days. I really wish i had more money. If i had even 50000$ i would buy for at least 25000$ Bitcoin Mining as long as it will be available. My plan is to reach the point where i can reinvest money daily. Reinvest all the money i can reinvest. Wish me luck. But really grab your btc cloud mining Contract and use our genesis Mining Coupon code: KQsVhj. To get a 3% discount. Hurry up as long as bitcoin hashpower limited presale is still on!
[23.12.2017] Genesis Mining was featured in CNN’s Quest Means Business. here is the video for you.
[31.12.2017] It’s been an amazing year for cryptocurrency. I Got all my money Back in 6 months. Please note that i only bought BTC and Ethereum when the price was low. Now i will get 18 Months on ROI for my Eth Mining contract. For BTC as you know the Hashrate contract is an open ended Cloud Mining Contract. What this means is that i will continue to get payouts as long as Mining BTC is profitable for Genesis Mining. What is with the price changes of 2017 a sure thing.
Genesis Mining published a blog post about the company achievements in 2017, here are the highlights:
The CEO Marc Streng was featured in two occasions:
1. In March 2017 in a report done by Deutsche Welle (DW), one of Germany’s biggest public international broadcasters. Marco also took the reporter to Iceland for a tour of one of genesis Mining Bitcoin Mining farms.
2. The CEO gave a TEDx Talk at the Trinity College in Dublin explaining how he got into Bitcoin. Here is the video for you:
[31.12.2017] Genesis Mining just announced that they’ll be offering Bitcoin Cash (Live on 31th of Dec) as AUTO (Automatically traded) and as fully minable option in the beginning of January for all Bitcoin mining contracts! So if you want to use cloud mining BCH. You will have to mine it using your open ended Bitcoin Mining Contract or wait for Genesis mining to open new contracts. Bookmark this page to get a discount code when you will buy.
[31.12.2017] The minimum payout threshold is increasing to 0.003 for Bitcoin and to 0.075 for Ether due to the current high network fees. This is a needed change because of the network fees.
[04.01.2018] Genesis Mining is sold out. All contracts Cloud Mining Contracts are sold out.
[08.01.2018] The minimum payout for BTC and ETH have been increased.
[08.01.2018] Genesis Mining has made a statement in twitter you can find it here:
1/5 Dear Miners, as you’ve noticed the cryptocurrency industry is booming and as of yesterday, all our mining capacities are currently sold out! Many companies are trying to keep up w/ the massive demand and even some exchanges have currently disabled new sign-ups
2/5 In the meantime we’re in the process of ramping up new mining hardware, solving infrastructure issues and are progressing on long overdue user interface updates. It is our highest priority to improve your user experience and enable you to adjust to all market dynamics
3/5 Some users are currently missing Ethereum (ETH) & Reputation token (REP) payouts. This is due to network & daemon issues and all users will receive their payouts as soon as we’ve fixed this problem. We’re sorry for the inconvenience and thank you for your patience
4/5 Due to continually increasing Bitcoin transaction fees we’ve updated these minimum payout thresholds to 0.005 BTC. We’re currently testing a new system in which our users can manually set their own thresholds and will update you on the integration of this feature shortly
[22.01.2018] CNBC interview with Genesis Mining's CEO Marco Streng
[25.01.2018] Marco Streng, CEO of Genesis Mining, recaps 2017 and gives an outlook on what's to come in 2018.
[01.06.2018] We’re thrilled to announce the relaunch of Genesis Mining Bitcoin Sha256 Cloud Mining Services!
[20.04.2018] Vice Visited Genesis Mining and interviewed the CEO.
[15.06.2018] Genesis Mining Reopening with a 5 years contract, Life time contracts are no longer available, but 5 years are enough to get your money back and get a very good ROI. Use our Genesis Mining Discount Code "KQsVhj" when ordering to get a 3% Discount.
We heard your prayers… Get your hashpower now! Link in bio. . . . . . #bitcoinmining #cloudmining #genesismining #cryptocurrency #blockchain #hashpower
75 Likes, 10 Comments – Genesis Mining (@genesismining_official) on Instagram: “We heard your prayers… Get your hashpower now! Link in bio. . . . . . #bitcoinmining #cloudmining…”
The past months have been very busy, even though we were sold out. We did not rest of course. Instead we focused on:
building new large-scale data centers with a lot of technical improvements and efficiency optimizations based on GM Radiant.
Genesis Mining resolved their IT and services request backlogs
working towards a modernized and more efficient service offer. Head there now and use our Genesis Mining Coupon Code to get a 3% Discount when ordering.
[05.06.2018] Genesis Mining have made a change in the way payouts are released to your wallet!
From now on, payouts of the same type of coin from different contracts (algorithms) are summed up and sent to the wallet in one single transfer (one transaction ID).
Keep in mind that the total pending balance amounts are still separate for different contracts (algorithms), meaning, only payouts that reached the minimum threshold are being summed up and sent as one payment.
[23.06.2018] EOSGen, EOS Block Producer project finally reached rank 15 out of more than 300 applicants! Stay tuned for EOS related products related to Genesis Mining Services!
Genesis Mining Bitcoin Sha256 mining contracts have been relaunched since a few days!
Get them while they’re hot! We can’t promise how long the first batch of these contracts will still be in stock.
Here are the details of our most attractive cloud mining offering to date:
- 5 year runtime (That’s 60 months of mining!)
- 50% Reduced maintenance fee (Only 0.14 USD per TH/s per day!)
- No pre-sale -- mining goes live as soon as you purchase!
- Reduced minimum transaction thresholds (Controlled by user!)
- Bitcoin Cash (BCH) Mining available natively
- No termination by maintenance fees
- This offer is temporarily not available for US customers
[06.07.2018] Good News, DASH Cloud Mining is back.
A few weeks ago Genesis Mining launched it's newest Bitcoin Cloud Mining contracts powered by their most recent technological advancement, GM Radiant.
Now DASH (X11) is back in stock, powered by GM Radiant as well!
Dash is focused on providing faster transactions and greater privacy. Most of you are probably aware of how this cryptocurrency works, but for those wanting to refresh their knowledge, have a look at this easy-to-read infographic.
There is no better Radiant Dash cloud mining contrats right now?:
Best price in the market - Our product development team ensures that you get the best price/hash option in the market. We compared the alternatives, and we are certain we have the lowest price per Gh/s.
- Radiant Technology - This is Genesis Mining most important competitive advantage. No other hashpower provider in the industry has been able to come up with better mining optimization. Read more about GM Radiant here
- Instant cloud mining - You start producing mining rewards as soon as you purchase your contract.
- Low maintenance fee for this DASH cloud mining contract - The daily maintenance fee for this mining contract is only $0.000029 per MH/s!
- 2 year runtime - That’s 24 months of cloud mining!
If you are a Dash advocate head over to the Genesis Mining website and get your hashpower today! Don't forget to use our Genesis Mining coupon code "KQsVhj". As the cost structure of this contract is very attractive, we expect X11 mining to be entirely sold out soon. First come, first served!
Genesis Mining Farms: Where the Magic is happening
Genesis Mining Bitcoin mining facilities are located in Iceland.
In this section we are going to show you where the magic is happening and where The actual Mining is being taken care of.
These Bitcoin and Altcoin mining farms represent just a small percent of the farms the company has. All bitcoin mining farms aren't being shown because security concerns and for customer protection. Genesis Mining can only set up cameras and we do this without revealing sensitive information that was critical. You can watch some of the videos here:
First we will show you Enigma, the world largest Ethereum Mining Facility.
The world's largest Ethereum Mining farm, which is especially constructed to support the Ethereum Project: A decentralized platform which runs smart contracts. Applications that run as programmed without any possibility of downtime, censorship, fraud or third party interference.
Next, this is one of Genesis Mining farms to the bitcoin cloud mining. Cryptocurrencies as Bitcoin, work with algorithms which need hardware for mining performance. Especially for Bitcoin mining, modern technology is continually in development. This farm is constructed from Genesis Mining's partners Spondoolies Tech with farming hardware.
A bitcoin mining data centre that's processing the X11 algorithm was basically distinct from other build outs since it was primarily utilizing GPU (Graphics Processing Unit) bitcoin mining hardware as opposed to ASIC (Application-Specific Integrated Circuit) devices which are used today. Cryptocurrencies which are currently using the algorithm are many others and Dash. This is only one of Genesis Mining data centers
Genesis Mining Reviews and TESTIMONIALS
The reviews for The cloud mining company GM you will find below, were published on cryptocompare.com
The #Evolvewithus Video series
Here is the #Evolve with us video Series:
Video 1: The anatomy of a mining Rig:
Iceland - May 2017. On behalf of Genesis Mining, CTO Stefan Schindler gives a quick introduction on how to build a cryptocurrency mining rig. The altcoins of Genesis Mining’s customers are being mined right here.
Iceland - May 2017. On behalf of Genesis Mining, Head of Operations Philip Salter explains the challenges of building a cryptocurrency mining farm!
On behalf of Genesis Mining, CTO Stefan Schindler exposes the advantages of the so-called alternative cryptocurrencies and their future development in the Blockchain industry.
Head of Operations Philip Salter reveals the ultimate secret of large scale cryptocurrency mining: Hive, Genesis Mining's own monitoring software.
Are you ready to buy your hashpower upgrades? then use our genesis minings promo code. In case you missed the already started bitcoin hashpower limited presale. Don't worry subscribe to our website and we will inform you when a presale is underway.
Don't forget to get your discount at genesis mining by using our promotion code "KQsVhj".
We hope this article will help you saving money. If you paid with Bitcoin you will see the first payouts in 24 hours, so literally you will start earn tomorrow your first mining money.
If you were looking for genesismining coupon codes for your next mining hash power upgrade, we hope you will use our Genesis Mining discount code for all your cloud mining contracts "KQsVhj". Bookmark this page to get back to it next time you are ready to start mining with our mining promo code.
Thank you in Advance.
Happy Mining 🙂
To the Moon!