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Genesis Mining Super Mining Rigs That Are Already Set Up & Running

Genesis Mining is a Cryptocurrency cloud mining service that offers an easy and safe way to purchase hashpower without having to deal with complex hardware and software setup. We offer hosted cryptocurrency mining services and a variety of mining related solutions to small and large scale customers. The combination of our algorithmic trading framework, mining infrastructure, and proprietary mining farm-management software, Genesis Hive, quickly made us an industry leader.

Our team of mining experts with extensive knowledge of the digital currency sector specializes in building the most efficient and reliable mining facilities. Genesis Mining is also the founding partner of Logos Fund, the first ever Bitcoin Mining Fund, which targets professional investors looking to gain access to Bitcoin’s and various other digital assets’ potential. Our service was founded by the end of 2013 and with now over 2.000.000 users we are the world‘s leading multi-algorithm cloud mining service.

It’s quick and very easy! As soon as we receive your payment your contract will be added to your profile, and you can immediately start mining. Depending on the blockchain algorithm you select and the associated mining service agreement you enter into, you can either mine native cryptocurrencies directly or allocate your hashpower to other cryptocurrencies (marked with AUTO), and even choose a specific allocation for them. For example: 60% LTC, 20% BTC and 20% DOGE. The first mining output is released after 48 hours, and then a daily mining output will follow.

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Remark: Every day of mining will be processed and sent to your account in the following 24 hours after the mining day is over. For security reasons, we do not disclose the exact location of our mining farms. As of April 2015, we are operating several mining farms that are located in Europe, America and Asia. Electricity cost and availability of cooling are important, but not the only criteria. See our Datacenters page for more information.

We do not publish a list of pools we are using. Our main criteria for a good pool are: reliability, fee structure and reject rate. Going forward we will solo-mine a few coins (and pass the fee savings to our users!).

Our internal policy is: “be a good crypto citizen”. This means, that we will at least use two different pools (in some cases we use up to four) for each coin. This is to preserve the decentralized nature of the crypto networks! If we become aware that a pool is getting close to 50% share, we will switch away from it and use a backup instead.

Since third-party calculators are a popular way of estimating mining performance, we have set up a Performance estimation tutorial on how to make your own calculations, along with the general explanation about potential mining scenarios.

When evaluating the benefits, please keep in mind that mining, and using our service, is subject to a (if applicable to your mining plan) which must be deducted from the daily mining rewards.

The results of cryptocurrency mining highly depend on the price and the network difficulties of the given cryptocurrencies that you are mining. Neither of those can be predicted, so each customer must make an independent decision about the benefits of cryptocurrency mining and, in doing so, should consider the risks and their own circumstance when choosing whether to mine.

https://i1.wp.com/www.genesis-mining.com/files/banner/300x1050/GM-300x1050-BIT-ENG-Banner.gif?resize=112%2C392&ssl=1You are able to mine Bitcoin and various altcoins directly via our mining allocation page*. The availability of cryptocurrencies you can mine depends on the contract you have chosen.

You must allocate your hashpower in order to determine the cryptocurrency received for your mining output. If no allocation has been made, the mining output will default to the following for the given blockchain algorithm:

  • SHA-256 contract – Bitcoin
  • X11 contract – Dash
  • Ethash contract – Ethereum
  • CryptoNight contract – Monero/Monero Classic
  • Scrypt – Litecoin
  • Equihash – Zcash

(*) “Genesis Mining Advanced Allocation” (special feature):
It allows you to get mining outputs in many different coins even if they are not mined directly by a certain algorithm. For example, you can get mining outputs in BTC while mining with an X11 algorithm! That is possible by mining the DASH coin directly, which is then automatically swapped to BTC by our algorithmic framework. The Allocation function is designed for customers to receive delivery of their mining results in their preferred cryptocurrency. We call it “mining BTC the smart way”. The same technique is also used to get mining results in LTC with a SHA-256 contract, etc.

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Forget China—Is This The Real Reason Bitcoin, Ethereum, Litecoin, And Ripple’s XRP Bounced?

Bitcoin has swung wildly this week, as many had expected it to, with it losing $1,000 per bitcoin a few days ago before suddenly shooting back up earlier today.

The bitcoin price is now at over $9,000 per bitcoin after dropping to lows of almost $7,000 on Thursday–and heading fast towards the psychological $10,000 mark, according to the latest prices from Luxembourg-based exchange Bitstamp.

Elsewhere, other major cryptocurrencies ethereum, litecoin, Ripple’s XRP, and bitcoin cash rallied between 7% and 23%, adding billions to the value of the combined cryptocurrency market.

Many bitcoin and cryptocurrency market analysts pointed to comments made by China’s president President Xi Jinping that the country should “seize the opportunity” of bitcoin’s blockchain technology as the reason behind bitcoin’s rally.

China banned bitcoin and cryptocurrency exchanges in 2017 and some took Xi’s blockchain comments as a sign the country could ease bitcoin and crypto restrictions.

Today In: Money

“We must take the blockchain as an important breakthrough for independent innovation of core technologies,” Xi reportedly said, speaking at the 18th collective study of the Political Bureau of the Central Committee in Beijing.

“[We must] clarify the main direction, increase investment, focus on a number of key core technologies, and accelerate the development of blockchain technology and industrial innovation.”

However, Xi’s comments, which referred only to blockchain technology and not to bitcoin and cryptocurrencies, might not have been the driver behind bitcoin’s recovery.

Following bitcoin’s sudden drop earlier this week, bitcoin and crypto investors feared the worst wasn’t over the for the market.

Facebook’s chief executive Mark Zuckerberg was savaged by U.S. senators over his plans for a bitcoin rival dubbed libra and crypto investors are fretting there could be a global crackdown on bitcoin and other digital tokens.

Elsewhere, technical data pointed to a so-called “death cross” for bitcoin, while the Fear & Greed Index slumped and a Twitter reading of investor temperature was poor.

This sentiment slump meant investors bet against the bitcoin price, predicting it would move lower.

When the bitcoin price recovered a couple of hundred dollars per bitcoin in just a few minutes, some $150 million worth of short positions on the Seychelles-based BitMEX crypto exchange were liquidated, according to bitcoin and cryptocurrency analytics provider Skew.

This triggered what’s known as a “short squeeze,” where an asset rapidly increases in value due to short sellers trying to cover their positions, resulting in buying volume that drives the price up.

Follow me on Twitter.

I am a journalist with significant experience covering technology, finance, economics, and business around the world. As the founding editor of Verdict.co.uk I reported on how technology is changing business, political trends, and the latest culture and lifestyle. I have covered the rise of bitcoin and cryptocurrency since 2012 and have charted its emergence as a niche technology into the greatest threat to the established financial system the world has ever seen and the most important new technology since the internet itself. I have worked and written for CityAM, the Financial Times, and the New Statesman, amongst others. Follow me on Twitter @billybambrough or email me on billyATbillybambrough.com. Disclosure: I occasionally hold some small amount of bitcoin and other cryptocurrencies.

Source: Forget China—Is This The Real Reason Bitcoin, Ethereum, Litecoin, And Ripple’s XRP Bounced?

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Why do you think Bitcoin dumped over the weekend? Leave a comment below and share your reasoning! ———————————————————————————————————- ⚡Connect With Me! Blog Posts/Updates/Insights/Thoughts: https://goo.gl/ngBDjd Updates Of Coins Ready To Break Out: https://goo.gl/3ZfehK Public Telegram Group: https://t.me/bullandbearcrypto Twitter.com: http://twitter.com/_bullandbear ———————————————————————————————————- ⚡Support The Channel SUPPORT From As Little As $1 & Get EXCLUSIVE EXTRA’S Patreon: http://patreon.com/bullandbear DONATE BTC – 1BFEFPG6ngis1J8WcoSp72jPAxqsNtmPJ3 ETH – 0x24C9b9555DD741CD39A004b758eC691A0e6Ea0bD LTC – LQnpKsvANZZe9ZoX6eMQpejxgogQs1kGpA DASH – Xi1Z2wVeCRGRtX4PvLUs4C8oVo1c7b22yr SECURE YOUR CRYPTO OFFLINE – Ledger Wallet: Grab A Ledger Hardware Wallet: https://www.ledgerwallet.com/r/df82 JOIN COINBASE – Buy Bitcoin, Ethereum, & Litecoin Buy Bitcoin & Get $10usd FREE by joining COINBASE https://www.coinbase.com/join/54cb9ac… JOIN BINANCE – Buy Your Altcoins Looking to trade altcoins? I recommend BINANCE https://www.binance.com/register.html… JOIN KUCOIN – Get Up And Coming Coins Before They List On Big Exchanges https://www.kucoin.com/#/?r=1g62w TRADING VIEW Want to look at the charts and do technical analysis. I reommend TRADING VIEW http://tradingview.go2cloud.org/aff_c… ———————————————————————————————————- ⚡Disclaimer: Read the Bull & Bear Financial Disclaimer Here: http://www.bullandbearcrypto.com/disc…

 

The Technology That Brings BitBase To Its Booming Grade of Mining In United Kingdom

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The Internet of Things, robotics and plasma are transforming mining into a safer and more productive industry. BitBase Mining-technology.com picks ten technologies with the potential to transform mining.

Mining is painstaking, expensive, and only sporadically rewarding. Nonetheless, mining has a magnetic draw for many investors interested in cryptocurrency. This may be because entrepreneurial types see mining as pennies from heaven, like California gold prospectors in 1849. And if you are technologically inclined, why not do it?

In addition to lining the pockets of BitBase miners, mining serves a second and vital purpose: It is the only way to release new cryptocurrency into circulation. In other words, BitBase miners are basically “minting” currency. For example, in February of 2019, there were a little over 17.5 million Bitcoin in circulation. Aside from the coins minted via the genesis block (the very first block created by Bitcoin founder Satoshi Nakamoto himself), every single one of those Bitcoin came into being because of miners. In the absence of miners, Bitcoin would still exist and be usable, but there would never be any additional Bitcoin.

Aside from the short-term Bitcoin payoff, being a BitBase miner can give you “voting” power when changes are proposed in the Bitcoin protocol. In other words, a successful miner has an influence on the decision-making process on such matters.

BitBase does cloud mining through its mining farms with advance technology and hashing algorithms and also allows free mining with the earning rate of 0.00000100BTC/min. There are premium plans for faster and better mining. Starting with BitBase requires a bitcoin address where we can send your earned btc. By adding your BTC address in the start mining box & you automatically start mining with free GHS.Withdrawing is easy just you need to have 0.00500000BTC to qualify. Yes, there is maintenance fee for only free miners all premium miners can withdraw anytime.

As name suggest maintenance fee is used to maintain the Data centers, Hash Ring, machines as well as improvements in support and security. It’s only applicable to free miners and does not deduct from mined BTC. Minimum withdrawals threshold is 0.005btc for every users joining as a free miners. Premium users can withdraw any amount.

Alternately, you can always leverage the “pickaxe strategy.” This is based on the old saw that during the 1849 California gold rush, the smart investment was not to pan for gold, but rather to make the pickaxes used for mining at BitBase..

Source: The Technology That Brings BitBase To Its Booming Grade of Mining In United Kingdom

Hash-Miner – Why Investing In Mining Servers Is Better Than Keeping Bitcoin in a BTC Wallet

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Set up your accounts within seconds with hash miner purchase a plan and get daily returns using our crypto cloud mining service. Withdrawals from hash miner wallet are sent to your external wallet within 12 hours from the time of your withdrawal. Get detailed statistics of your plans purchased with hash miner and the daily returns you are getting from them. Your investment multiplies with hash miner, withdrawal your profits whenever you want or purchase more plans from them. Your investment are covered by insurance so you do not need to worry about your investment at any point of time. Join here….

BTC Online – Enjoy Your Mining Process Plans When You are Sleeping

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BTConline is an industry leading Bitcoin mining pool. All of the mining power is backed up by physical miners. Mining with the latest algorithms allows to make as much Bitcoin as possible. We aim to provide you with the easiest possible way to make money without having to do any of the hard stuff. With data centers around the globe, we aim to keep bills down and mining power high, meaning you can make more in a shorter amount of time than what it would take to mine from your home for instance. Our data centers are located in Europe, USA and China with dedicated Up-Links and 99% uptime!You can generate 0.0003 BTC every day without investments. You can also upgrade your BTConline to generate up to 0.08000000 BTC every day…… Join now…….

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