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==History==
==History==
The company was formed after the three founding partners realized there was a need for a legitimate cloud mining provider in an industry full of fraudulent companies.<ref>{{cite web|title=History of Genesis Mining|url=http://cloudminingdirectory.com/genesis-mining/review/|publisher=Cloud Mining directory|accessdate=19 May 2015}}</ref> From there they set out to offer [[cloud mining]] services to active users and new mainstream users. Genesis Mining launched in February of 2014.<ref>{{cite web|title=Spondoolies-Tech and Genesis Team Up for Cloud Mining Service|url=http://www.coindesk.com/spondoolies-tech-genesis-team-new-cloud-mining-service/|publisher=[[CoinDesk]]|accessdate=19 May 2015}}</ref>
The company was formed after the three founding partners realized there was a need for a legitimate [https://www.bitcoinmining.com/best-bitcoin-cloud-mining-contract-reviews/ cloud mining] provider in an industry full of fraudulent companies.<ref>{{cite web|title=History of Genesis Mining|url=http://cloudminingdirectory.com/genesis-mining/review/|publisher=Cloud Mining directory|accessdate=19 May 2015}}</ref> From there they set out to offer [[cloud mining]] services to active users and new mainstream users. Genesis Mining launched in February of 2014.<ref>{{cite web|title=Spondoolies-Tech and Genesis Team Up for Cloud Mining Service|url=http://www.coindesk.com/spondoolies-tech-genesis-team-new-cloud-mining-service/|publisher=[[CoinDesk]]|accessdate=19 May 2015}}</ref>


==Services==
==Services==
Their services allow customers to purchase mining contracts, which allow them to mine Bitcoin and [[altcoin]] through a cloud-based computer network.<ref>{{cite web|title=Genesis-Mining : Start Mining For As Low As 14 Cents Per Kilohash – Bitcoin 2014 Interview|url=http://digitalmoneytimes.com/crypto-news/2014518genesis-mining-start-mining-for-as-low-as-14-cents-per-kilohash-bitcoin-2014-interview/|publisher=Digital Money Times|accessdate=19 May 2015}}</ref> Their mining farms are based in Iceland, Canada, and Bosnia.<ref>{{cite web|title=Genesis Mining: A Cloud Scrypt Mining Provider|url=http://bitcoinist.net/genesis-mining-a-cloud-scrypt-mining-provider/|publisher=Bitcoinist|accessdate=19 May 2015}}</ref>
Their services allow customers to purchase mining contracts, which allow them to mine Bitcoin and [[altcoin]] through a cloud-based computer network.<ref>{{cite web|title=Genesis-Mining : Start Mining For As Low As 14 Cents Per Kilohash – Bitcoin 2014 Interview|url=http://digitalmoneytimes.com/crypto-news/2014518genesis-mining-start-mining-for-as-low-as-14-cents-per-kilohash-bitcoin-2014-interview/|publisher=Digital Money Times|accessdate=19 May 2015}}</ref> Their mining farms are based in Iceland, Canada, and Bosnia.<ref>{{cite web|title=Genesis Mining: A Cloud Scrypt Mining Provider|url=http://bitcoinist.net/genesis-mining-a-cloud-scrypt-mining-provider/|publisher=Bitcoinist|accessdate=19 May 2015}}</ref>
Genesis Mining offers [[scrypt]] and [[SHA-2|sha256]] mining. Coins that can be mined (directly or indirectly by auto-conversion) include inter-alia:
* [[Bitcoin]]
* [[Litecoin]]
* [[Dash]]
* [[Dogecoin]]
* [[Monero]]


==External links==
==External links==

Latest revision as of 00:30, 24 April 2019

Genesis Mining
IndustryBitcoin Mining
FoundedFebruary, 2014
Websitehttps://www.genesis-mining.com/

Genesis Mining is a company that sells bitcoin mining contracts and is currently one of the largest cloud mining companies in the world.[1][2] The company is active in the Bitcoin community and is frequently seen at events across the world including in Paris, New Zealand, Los Angeles, New York City, Hong Kong.[3]

History

The company was formed after the three founding partners realized there was a need for a legitimate cloud mining provider in an industry full of fraudulent companies.[4] From there they set out to offer cloud mining services to active users and new mainstream users. Genesis Mining launched in February of 2014.[5]

Services

Their services allow customers to purchase mining contracts, which allow them to mine Bitcoin and altcoin through a cloud-based computer network.[6] Their mining farms are based in Iceland, Canada, and Bosnia.[7]

External links

A mining farm of Genesis Mining located in Iceland. The picture shows mainly Zeus scrypt miners.


References