Faqs

Frequently Questions

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.


We are specializing on special, unique, and smart mining techniques. We were (and still are) mining the most popular portfolio of Cryptocurrency protocols. Instead of mining in an overcrowded market, we are specializing on mining various Altcoins, which can be then be swapped to Bitcoins by the user. This way we can go around the problem that the difficulty of mining is rising at an incredible pace. 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!


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 mining machines in your home that need a lot of space, intense cooling, and power consumption sources. 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.


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!


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.


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 your whole contract duration, mining cryptocurrency is that simple!


We believe that Altcoins have high importance, because diversity fosters innovative blockchain technology. 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.


Our customers can decide which coins they want to mine with their purchased hashpower. Genesis Mining has the capability of mining all types of cryptocurrencies from scrypt algorithm based coins and proof of work coins to ASIC-mining and GPU mining. The allocation of the hashpower between the coins is completely flexible, and thanks to our great mining software user interface, very simple and fun to do, too.


No matter which package you choose, you are renting the latest technology, which guarantees maximum performance 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 mining hardware. 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 even more valuable on the Bitcoin market! See more at the Pricing section.