Genesis Mining – Cloud Mining Review

Genesis Mining Overview

Genesis Mining was founded in 2013. It currently owns mining farms located in Europe, America and Asia but exact locations are not known to the general public due to security reasons.

Genesis Mining offers you a smart and easy way to invest your money. Their solution is suitable for those who are new to the world of crypto currencies, as well as for cryptocurrency experts and large-scale investors. Genesis Mining is the World’s first large scale multi-algorithm cloud mining service offering an alternative to those who would like to engage in Bitcoin and altcoin mining.

They are a team of experts in the digital currency sector, and their core service is to provide the most efficient and reliable mining rigs for rent.

No matter which package you choose, you are renting the latest technology, which guarantees profitability for as long as possible. Also, the rigs you rent consume very cheap electricity and are cooled efficiently, thanks to the optimal locations of their farms. To top this, there is no waiting for delivery and no downtime, which means you are not wasting even a second of mining.

What Coins Can You Mine?

Genesis mining makes it possible for you to earn different coins but it is dependent on which contract you buy.

Let us now look at different contracts and the different coins you can mine as of June 2016.

For X11 contracts you can mine the following coins: Bitcoin, Litecoin, Dogecoin, Dash, Peercoin, Startcoin and Namecoin.

For SHA-256 contracts you can mine the following coins: Bitcoin, Litecoin, Dash, Zetacoin and Darkcoin.

Genesis Mining Benefits

Variety of Options

Genesis provides excellent variety of options. After investing some funds in bitcoins, you still have a choice to mine coins like Litecoin, Dogecoin and other altcoins without doing any of the work yourself.

Daily Payouts

Unlike many stock markets out there, you are more likely to receive daily payments on Genesis-mining. As soon as you make your first deposit, the managers take your funds and channel it to their mining farm to multiply it. There are just few businesses that can give you profits as soon as you start them up.

Easy Registration

Genesis has one of the easiest account set-up templates. There are only three fields to fill: your email address, password and password verification. Once you are done with this, you become a share holder of this successful cryptocurrency mining company. No need to scan any document or send an ID card to prove your citizenship of any particular country.

Affordable and Reliable Pricing

Genesis-Mining is very realistic when it comes to their packages and pricing. For sure, I know they are not like the other HYIPs that will make you build your castles in the air. Their prices are not the cheapest but I think they are the most reliable. They release shares based on what they need at each moment so purchasing a plan today with them does not guarantee that you will buy the same tomorrow. I think this is to ensure that they can clearly account for what they get from investors and also use them wisely to the benefit of everyone.

With 30 USD, you can purchase a lifetime Bitcoin plan of 200 GH/S. The lifetime plan means that as long as the investment is profitable, you will always be qualified for daily payout with the deduction of some maintenance fees. The Platinum Plan is another lifetime option but this one costs 350 USD for 2500 GH/S. Diamond lifetime plan goes for 1950 USD with a capacity of 15000 GH/S. Each of these plans has an average rating of approximately five stars from thousands of reviewers. If I were asked, I would also give them all five stars.

Genesis-mining Safety

Genesis-Mining has an SSL security to prevent account theft and to make customers happy for as long as they intend to stay.

Conclusion

Genesis Mining is great for cloud miners who want to mine without having to go through the stress of choosing a bitcoin mining pool, hardware, software or setting up a rig at home.

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