I have great news for you Steemians !!!
You can mine Bitcoin and Bitcoin Cash natively. You can also receive Litecoin, Dash, Zcash and other cryptocurrencies for your output using the AUTO-Mining Allocation feature in our Dashboard.
Contract Term
1 year (12 Months) of guaranteed runtime
Your mining services will run for 12 months, period - even in cases where your daily mining reward falls below the Maintenance Fees. This way, you will always have the potential to produce cryptocurrencies as market conditions improve.
The daily mining outputs are variable and are determined by these factors: the mining difficulty, the Bitcoin vs USD exchange rates, the Maintenance Fee (electricity, cooling, development, and servicing costs), and the technology used for mining. The first two factors are unpredictable and we can not control them, but we always deploy state of the art mining technology, and do our best to keep our data centers running at their maximum capability for you. You can find more in-depth information in our Customer Service Center.
Maintenance fee
A fixed maintenance fee is deducted from all 1 year contracts for their full runtime. Current maintenance fees: USD 0.099 per TH/s per day Please note that the fee is fixed in USD but deducted from the daily mining rewards in BTC. Please refer to the Terms of Service for further details.
Bitcoin Mining Cost and Benefits Comparison Chart
A chart to compare the costs and benefits of having your own hardware to having a contract with Genesis Mining
Costs of a contract with Genesis MiningCosts and externalities of having your own hardwareOne-time price of purchasing the contractPrice of the hardwareNo extra feeShipping costsNo extra feePossible customs costsBest electricity rates possible.Usually high electricity ratesYou start mining immediately!Waiting for delivery - you are losing days,even weeks of mining time, and your purchased hardware is already losing its valueWe guarantee 100% uptime and cover system downtimes by using our own miners.Loss of mining time due to system downtimesNo extra feeCost of additional equipmentNo extra feeElectricity consumption of additional equipmentNo extra feeCost of coolingHardware is at a remote location, you are exempt from excessive heatExcessive heatHardware is at a remote location, you don’t have to deal with loud noiseLoud noise
Why should I purchase hashpower at Genesis Mining?
Thanks to some great partnerships we have established with hardware producers, as well as to our large scale purchases, we get better prices on our employed technology. This means we buy the hardware cheaper than the market price. What also bears great importance, considering the maintenance costs, is the storage of the miners: we have several farms around the globe, and each location was chosen to fulfill two important criteria: cheap electricity supply and little or no need for cooling.
There is much beauty in purchasing and setting up your own mining operation, we know that. But setting up mining rigs are for those who are skilled technicians, can solve tricky complications, and generally see the fun in maintaining a complex construction. Cloud mining is for those who want to have the benefits of cryptocurrency mining without maintaining any mining equipment. For most people these are annoying, unnecessary difficulties, and our solution is targeted exactly at them.
There are many who tell us that they can mine cheaper by themselves according to their calculations. However, it always turned out that they forgot about one or more of the above listed costs. We did our calculations, and we think it’s impossible to have better mining performance on a smaller scale, at home and by yourself. Take a look at our hash power offerings and start cloud mining today.
Sign up for the largest hashpower provider on the market and start mining your favorite cryptocurrency today!
2.5% discount code mBkPyL
Link to website
https://www.genesis-mining.com/pricing
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Genesis Mining Cloud Services Ltd.
Trinity Chambers, P.O. Box 4301,
Road Town, Tortola,
British Virgin Islands
Payments processed by:
Genesis Mining Iceland ehf.
Company No. 521016-0430
Borgartúni 27, 105 Reykjavík, Iceland
