Genesis Mining information
Description
Genesis Mining is one of the largest and best-known cloud hosting providers in the world. In 2017 in particular, the contingents were usually always sold out. Unfortunately, the topic of cloud mining has turned out to be a risk that is difficult to calculate for many investors. The provider not only offers Bitcoin mining but also DASH or ZCash mining.
Genesis Mining now also offers various billing models for electricity and maintenance costs. With cloud mining, the customer does not become the owner of the hardware, but participates in one or more computing units in the mining farm. This concept is very lucrative and low-risk, especially for the cloud mining provider.
Usability
Usability is of course a USP for a cloud mining provider, especially for beginners in the cryptospace. Basically, you don't need more than your credit card and Genesis Mining does the rest for its customers. The customer also bears no risk with regard to hardware failure, etc. The main risk for the customer lies in the price and the difficulty of the corresponding coin.
Advantages
The product is easy to use, especially for beginners.
Disadvantages
Everyone has to ask themselves the question of profitability. In our experience, there are high risks in such cloud hosting contracts.
Questions & answers
We have summarized the most important questions and answers about this provider for you and tried to answer them.
- Is there a Genesis Mining stock?
- Is there a Genesis Mining Promo Code?
- How can you delete your Genesis Mining account?
- Is there a Genesis Mining calculator?
- Is Genesis Mining legitimate?
Is there a Genesis Mining stock?
To the best of our knowledge, Genesis Mining is not listed on the stock exchange. According to the website, the company is based in:
Genesis Mining Cloud Services Ltd.
Trinity Chambers, PO Box 4301,
Road Town, Tortola,
British Virgin Islands
and
Genesis Mining Iceland ehf.
Company No. 521016-0430
Borgartúni 27, 105 Reykjavík, Iceland
As far as we know, the founders are based in Munich, Germany.
Is there a Genesis Mining Promo Code?
Yes, Genesis Mining's 3% promo code is: mSvI5s
You can enter this with every order and you will receive a 3% discount on your invoice. In return, we receive a small commission, which in turn costs you nothing extra.
How can you delete your Genesis Mining account?
For this you should write an email to the Support. Basically, however, you should pay attention to the terms of your contract. It is currently not possible to delete your account in the customer section.
Is there a Genesis Mining calculator?
It is generally extremely difficult to calculate the profit of mining contracts. The problem lies in the constantly changing difficulty and competition in the market. Computers such as the one from Crypto Compare nevertheless provide good orientation.