Genesis Mining Introduces Ethereum Cloud Mining Contracts

Genesis Mining Introduces Ethereum Cloud Mining Contracts

Genesis Mining recently announced a new type of cloud mining contract that will let users mining Ethereum. It was only a matter of time until one of the cloud mining providers started looking at Ethereum contracts sooner or later. These new Ether Cloud Mining contracts will run for one year, and offer some interesting alternatives when the digital currency switches to Proof-of-stake. Ethereum has been getting a lot of attention in recent times, ever since the digital currency had launched a few months ago. Especially the technology powering the Ethereum network – that allows for the....


Related News

Genesis Mining Expands into Ethereum Mining with Year-Long Contracts

Cloud mining provider, Genesis Mining, is expanding its mining operations with the launch of Ether Cloud Mining contracts. For the first time, customers of Genesis Mining will be able to mine for Ether, the fuel that powers the Ethereum network. "Our customers asked and we listened. Due to our large-scale GPU mining activities we are glad to offer significant parts of our farms for Ether mining in the cloud. Users can therefore benefit from our economy of scale and our geothermal-powered and optimized GPU mining rigs in Iceland. We are bullish on Ethereum and look forward to giving our....

Genesis Mining Offers Discounts as Part of Black Friday Weekend

Genesis Mining offers 5% discount on its cloud mining contracts. The holiday season is here! It has just been a couple of days since Thanksgiving. The weekend following Thanksgiving Day, better known as the “Black Friday Weekend” is well-known for amazing shopping offers. The same holds good in the cryptocurrency industry too. Genesis Mining, the most popular cloud mining service provider in the cryptocurrency industry has announced a new promotion as part of its Black Friday offering. In this festive promotion, Genesis Mining is offering a 5 percent discount on all cloud mining packages....

Genesis Mining: A Cloud Scrypt Mining Provider

For Bitcoin cloud mining, names quickly come to mind such as Cex.io or PBmining. But what about on the Scrypt side of the spectrum? Genesis Mining plans to change just that. Before going over what makes Genesis Mining stand out, what are some of the benefits of having your hash power the cloud versus setting up your own rig? Well, for one, you don’t have to set it up. Even for experienced miners, it’s a hassle to buy parts and assemble the parts; make sure everything is working, etc. After that, you have to somehow isolate the heat and noise coming from usually multiple graphics cards....

Spondoolies-Tech Enters Cloud Mining Partnering With Genesis Mining

Spondoolies-Tech is entering the cloud mining market by joining forces with Genesis Mining. The news is big as Guy Corem of Spondoolies has been very vocal about many cloud mining companies being a scam. Guy also does not believe in self-mining as he feels it is immoral to compete with your customers for the Bitcoin rewards. Marco Streng of Genesis Mining is also very positive about the new partnership. As one of the remaining cloud mining services, Genesis Mining has been sticking it out during the recent BTC value drop. They have even gone so far as to allow their customers to exchange....

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

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. Marco Streng, the CEO of Genesis Mining, gave an excellent rundown of Project X as well as a teaser video. Genesis had a booth at the Inside Bitcoins conference as well as Hasher's United and created quite a presence at the shows. One of the hallmarks of Genesis Mining is that they have always been fairly transparent with their data centers, showing pictures, videos and at times live video feeds of the centers. At the Hasher's United....