Now you can mine DarkCoin on Genesis Mining!
Genesis Mining, as per own words world’s leading scrypt hashpower provider, just announced to support DarkCoin as user payout currency and LiteCoin implementation into their payment system! DarkCoin implemented using their unique autotrading techniques where the user’s hashpower will mine the most profitable scrypt coin and have it exchanged to DarkCoin. Genesis Mining is using this technique very successful for BTC already. With their implementation of the possibility to pay the contracts with LiteCoin also, they are one of the first big companies to be a true “multi currency company”. We....
Related News
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....
Genesis Mining is one of the few cloud mining organizations to actually fulfill their obligations to their customers as well as a huge advocate for the Bitcoin and Cryptopcurrency industry. Since the beginning of 2016 the mining industry has seen a lot of shifts, as well as new coins to mine that are wildly popular like Ethereum. Genesis Mining quickly expanded their GPU mining capacity to fulfill the growing demand for Ethereum mining as well as other algorithms like DASH. We were able to chat with Marco Streng the CEO about the recent developments and some future things to come from....
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....
Buy crypto currencies or mine it yourself? That's probably the most asked question by everyone who wants to dive into the mining of Alt- or Bitcoins. Many important factors need to be regarded. In addition to the cost of the hardware, you must not forget that electricity costs play a particularly important role. So a supposedly secure business quickly can change into a loss. CCN spoke with the CEO of Genesis Mining, Marco Streng on how the cloudmining provider from Munich became the largest supplier in the scrypt mining scene. The race against the electric meter began already in 2011 for....
CoinTelegraph spoke with Genesis Mining head Marco Streng on the current state of the mining industry, the Life Inside a Bitcoin Mine project that aims to make cloud mining transparent, and how he sees the Bitcoin industry moving forward. Bitcoin mining has become one of the world’s most difficult and competitive industries over the last 18 months. From the market price corrections after the Mt. Gox bubble burst, to specious national regulatory laws and banking lobbyist backlash, to the battle to have the latest and greatest ASIC mining rig technology and beyond, countless miners have....