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Genesis Mining review


Genesis Mining is one of the largest and transparent cloud mining companies selling mining contracts all over the world. It provides a straightforward and smart way to invest money for both experts and those who are new to the world of cryptocurrencies.

Try Genesis Mining Now!

This company’s idea is straightforward. Rather than wasting thousands of dollars on the expensive mining hardware, you pay Genesis Mining for leasing their equipment and leave the profits to yourself. The company takes care of the maintenance, sets everything up, and you pay a fee for their service.

Genesis Mining owns mining farms located in Europe, Asia, and America. They honestly provide those services they offer. Their mining contracts are lifetime contracts, so they don’t have a maturity date. That means you’ll continue mining and receiving the payouts as long as the contract is profitable.

Live since

The founders created Genesis Mining at the end of 2013 which is one of the oldest Bitcoin companies. They got to know each other while using one of the platforms for selling and buying Bitcoins. Since then, Genesis Mining has been expanding rapidly. The company owns several mining farms, hires programmers and engineers. Their community is quickly growing.

Payments

You will receive payouts of your investment to own designated wallet every day. After you make the first deposit, the Genesis Mining managers take your funds and use it to enlarge the mining farm. Everything you need to do is to create an account. Then fund it and choose the best mining plan.

The mining rigs you buy are already set up and working. When your payment is received, they’ll start mining, and you will earn your first coins.

Price

The price starts from $28. There are 4 plans for each cryptocurrency – Starter, Advanced, Professional, and Custom.  There’s one-time price of buying the contract and no additional fees. Electricity rates are the best possible. If you compare the costs and benefits of having the personal hardware to having an agreement with Genesis Mining, you’ll understand that this contract will be more profitable.

For mining Bitcoin, you may start with a 200 GH/s Gold lifetime Bitcoin mining contract which will cost you $30. This one will help you understand how everything works and how high are the profits. A sales manager will give you some additional options in purchasing mining power in case you need something much more or in between the prices on the official website.

 

You won’t have to pay the pool fees, pay and wait for the shipping. You won’t spend your precious time. With Genesis Mining, you can start earning money immediately. There will be no downtime because of the system crashes. You simply buy the hash power and keep it for a lifetime.

ROI

The return on investment you have with Genesis Mining depends on 2 factors:

  • the mining algorithms difficulty;
  • the price of the cryptocurrency you’re mining.

Genesis Mining gives you the pure hash rate, and there are no risks that they may include other hidden fees there.

AVG daily ROI

The average daily ROI may vary and depends on the algorithm you’ve selected. For example, with Zcash it will be 0.04%, and Etherium — 0.07%.

Days to ROI

You’ll have to wait at least 1432 days to ROI. All in all, the amount of profit depends on the rate of the cryptocurrency.

Cookies policy

Cookies include an anonymous unique identifier. They are sent to your browser from Genesis Mining website and stored on your hard drive.

Genesis Mining uses cookies to gather some information. It is important to find out customer’s preferences which are based on the previous activity on the official website. However, you may change the settings and instruct the browser to refuse the cookies or to tell you when it is being sent.

In case you don’t accept cookies, you won’t have an opportunity to use some portions of Genesis Mining Service.

Supported wallets

Genesis Mining supports such wallets for your payments:

  • Master Card;
  • VISA;
  • Bitcoin;
  • PayPal.

Mining coins

Genesis Mining allows you for mining:

  • Bitcoin;
  • Litecoin;
  • Dash;
  • Ethereum;
  • Monero;
  • Zcash.

Algorithm

Genesis Mining offers scrypt and sha256 mining. This company is the first large-scale multi-algorithm cloud mining service in the world. It gives an alternative to you if you want to take part in Bitcoin and altcoin mining.

This bitcoin mining algorithm is created by a team of experts to provide you the most trustworthy and efficient bitcoin mining rentals.

Languages

You may choose one of 20 languages at the Genesis Mining website:

  • English;
  • French;
  • Japanese;
  • Chinese;
  • Russian;
  • Italian;
  • Spanish;
  • Polish;
  • Turkish.

Website

Genesis Mining owns a website www.genesis-mining.com. Domain registration: 6 February 2014. Updated on 6 February 2017. It expires on 6 February 2018. Genesis Mining is registered in Germany – United Domains AG.

The website has a user-friendly interface. You will easily navigate between the pages with pricing and offers, blog, home page, customer service, data centers, and much more.

On this website, you can select the coins you would like to mine using your purchased hash power. You may even mine various coins at the same time. The has power’s allocation between several cryptocurrencies is flexible, and due to the excellent UI, earning money becomes simple and fun.

Alexa rank

According to Alexa, as at June 01, 2017, Genesis Mining is on the 6815 place in the Global Rank.

Traffic

Genesis Mining has a rather high traffic. The number of sessions per month as at June 01, 2017, was 2,77 million.

Search traffic

In case you take into consideration the percentage of visits to Genesis Mining website from a search engine, it is 22.60%.

Address

Officially, this company is known as Genesis Mining Limited. It is located in Wanchai, Hong Kong. You’ll find it in Chinachem Century Tower, 31/F, 178 Gloucester Road.

Pros

  • Reliable equipment;
  • Fast support service
  • Promo codes and discounts;
  • Stable payments;
  • Credible farm for mining.

Cons

  • No exchange for the sale of the hash rates.

Try Genesis Mining Now!

Mick Lazenby


2 comments

  • You have all the information for a new person who would like to try mining. Thanks, you’ve exceeded my expectations!

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