What is the Genesis-mining.com?
Genesis-mining.com is an easy and safe way to purchase hashpower without having to deal with complex hardware and software setup. Genesis mining is the largest and most trusted cloud mining provider in the world. The company was founded in 2013 and now owns mining farms located in Europe, America, and Asia. Genesis Mining specializes in building the most efficient and reliable mining rigs that can be rented. Plus, they have experts for cooling and maintaining data centers.
How does Genesis-mining work?
Genesis Mining specializes in building the most efficient and reliable mining rigs that they offer to their clients for rent. All you need to do is set up an account with them to start mining. After signing up, fund your account via Bitcoin, PayPal, credit card, or wire transfer, and then choose the mining plan that’s best for you.
What about the price?
For newbies you can start with a 100 GH/s (Gold) lifetime Bitcoin mining contract which will cost you $19. It will help you in understanding how cloud mining works and what the profitability might be. If that proves to be small you can try the 2,000 GH/s (Platinum) lifetime Bitcoin mining contract and this will cost you $340. The third and the largest is the 10,000 GH/s (Diamond) lifetime Bitcoin mining contract which will cost you $1,600.
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.
What are the benefits of the Genesis-mining.com?
Many mining farms
Genesis-mining.com is a robust company with several mining farms. This is of utmost benefit to you as an investor because it guarantees maximum uptime, even when some centers may not be fully functional. Instead of closing down when a mining farm is no longer functional, your profits will rather be reduced until things get back to normal. This is one feature lacking in many other mining centers.
Mine Bitcoins and several Altcoins
Apart from bitcoins, this Genesis Mining review also indicates that you can also mine altcoins. The altcoins available in Genesis Mining include Litecoin, Dogecoin and others. We discovered that you can mine the different cryptocurrencies at once. For instance, you can start mining bitcoin, Ethereum and Monero immediately after creating your Genesis-mining.com account. This tells you why almost every Genesis-mining.com review you have come across speaks volumes about this mining company. Some Genesis mining review written in the past included Dash, Litecoin, and Zcash as some of the other cryptocurrencies offered by Genesis-mining.com, but it appears that the packages are presently out of stock. The company will probably resume its activities on these altcoins in the future.
Apart from the $30 Gold plan, there are also the Platinum and Diamond plans. The Platinum plan costs $350 while the Diamond plan costs $1950 for 2,500 GH/s and 15,000 GH/s respectively. In all cases, maintenance fee applies and you aren’t sure of the duration since they are all open-ended bitcoin mining projects.
The situation is quite different when it comes to a Genesis mining review for Ethereum. All Ethereum projects are fixed for 2 years and there are no maintenance fees. It has three plans like Bitcoin mining and they include the Small Plan (for $29.99), the Medium Plan (for $869), and the Large Plan (for $2799). These amounts can be purchased for 1 MH/s, 30 MH/s and 100 MH/s respectively.
Just like Ethereum, Monero (XMR) has a fixed duration of 24 months and attracts no maintenance fees. The profits earned can be converted to DASH or Zcash for an easy exchange. The Monero Plans vary with the mining powers assigned. For 60 H/s, 1000 H/s or 3000 H/s, you can get them for $49.99, $819 or $2399 respectively.
Devise your Custom Plan
For every product offered by Genesis-mining.com, you can make a customized plan of it. That means that if you have something in mind that is quite different from the three stated plans in each case, you can still approach the support team with your idea. Each of the cryptocurrencies considered on Genesis Mining has its own custom plan. You can choose custom plans higher than the starters for each of them.
Credit Card Payments
Genesis-mining.com accepts VISA and Master Card payments. Orders above 50 USD don’t attract any fee. Viral Alert wouldn’t recommend this for you because it will take up to 32 days to get the first profit. Genesis-mining.com has this in its Terms of Contract because it wants to curb credit card fraud.
Use Bitcoin, Litecoin, Dogecoin or Dash anyhow you want to. You can pay in one cryptocurrency and auto trade it for a different cryptocurrency. That is the beauty of choosing Genesis-mining.com.
Fast Customer Service
To serve their customers well, Genesis-mining.com has created a support ticket online so that queries can be submitted. If you have questions not addressed on the FAQ section, feel free to address it using the online support form. You can find it on the “customer service” page.
Genesis-mining.com has a unique affiliate system. First of all, every registered member receives a promo code on his or her dashboard immediately after registering. You need to tell your friends that they will be given a 3% discount on all purchases they make with your discount code. In turn, you will get a hashpower upgrade. The upgrade you get depends on your current affiliate rank. At rank 1 (the starter tier), you will be given 2.5% of the quantity of hashpower your referral buys. That means that if they go for 10 MH/s for instance, you will get 0.25 MH/s free of charge, and this will be used to determine your next earnings.
Genesis-mining.com is doing well. It has a structure that makes it look like it will never be classified as a scam. Even though daily payment returns are unknown at the point of participation, you can be assured that you will have profits every time. By reading one Genesis-mining.com review to another, you will come to agree that this mining company is indeed one of the best in our time.
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