All About BTC, LTC, ETH mining as well as other alternative crypto currencies
A new service called HalleyBTC was just recently launched that offers high ROI for its Bitcoin savings investment options. The service is apparently operated and backed by one of the large Chinese Bitcoin mining farm operators – Halley China (though it seems that it could be ZeusMiner/ZeusHash instead through some partnership with Halley China), so that is apparently where the interest for your investment is coming from. While Halley China is not open to international investors (their website is only available in Chinese), it seems that the new HalleyBTC service is targeting a broader English speaking audience. They have definitely launched the new service right on time as with the recent jump in the price of Bitcoin there is a lot of increase in user’s interest in different ways to invest in Bitcoin.
The service offers three types of investment options, the first one is called Current Deposit and it gives you 0.02% daily interest with no fixed period. The other two higher return options are for 30-Day Fixed Deposit with 15% expected APY (Annual Percentage Yield) and 90-Day Fixed Deposit with 17% expected APY. The higher interest rate is ensured by the fact that your investment is being locked for a specific term, so apparently the Bitcoin you invest on the long term can in turn be used for investment in the existing Bitcoin mining farms of the company to increase the mined coins for example.
For their launch HalleyBTC is running a special promotion giving each new user the chance to get 1 to 10 Bitcoins as a bonus deposit to start your investment. All you have to do is register a new account and click on the Get Bonus button on the main page. Do note that what you get as a bonus investment in BTC cannot be withdrawn and will be in your account for 10 days only, what you get to keep is the interest rate you accumulate on the amount for these 10 days. The idea is to get to try and see how the service works without having to invest any of your own Bitcoins up front, do note however that this promotion is only valid up to
November 8th November 15th, so do take advantage of the offer before actually sending any of your own coins!
Today, leading cryptocurrency cloud mining provider Genesis Mining launched a nationwide outdoor advertising campaign aimed at bringing awareness to the potential that Bitcoin brings to the world.
Consisting of taxi advertising, billboards, and guerrilla street marketing, the creative ads feature quotes from experts who made egregiously false predictions about disruptive innovations. The quotes were pulled from former leaders of major international corporations about innovations like the telephone, film, and the automobile.
The campaign launched today at 9:00am PST in Southern Florida, San Francisco, Washington DC, Chicago, and Boston. Over the upcoming three months, the campaign will expand to over 40 cities across the United States.
Genesis Mining co-founder and CEO Marco Streng stated “We believe people get too caught up in what the experts have to say about innovations. Bitcoin is one of the most exciting innovations the world has ever seen and it’s only just beginning. We launched this campaign to remind people that if you look through history, so called “experts” are not always right about the future. The goal is to open people’s minds and let them decide for themselves what to think.”
About Genesis Mining
Genesis Mining was one of the first companies to offer cloud mining services and quickly built a reputation as an industry leading provider throughout the cryptocurrency world. As one of the loudest voices advocating for the Bitcoin community, Genesis Mining also prides itself on its cutting-edge technology, proprietary solutions, and focus on customer support. The mining industry will continue to evolve and Genesis Mining will do the same, maintaining its role as an industry leader and defender.
The last few days the exchange rate of Bitcoin (BTC) has been steadily going up and today it has surpassed the $270 USD mark and that may not be the highest point it may reach this time. So you might want to keep a closer look at how things progress, though unfortunately it seems that the peak in price of BTC is not affecting much other coins as Litecoin this time. LTC has been keeping a steady exchange rate for a while now at a little above $3 USD. The exchange rate for ETH/BTC is going down, but due to the increase of the price per BTC the USD/EUR rate for Ethereum is still keeping relatively stable, but low level. This market situation is resulting in miners looking for some alternative coins to try mining and maybe get a better profit instead of the more established or popular ones in the last few days. The results is clearly seen in some altcoins having temporary spikes like DGB or GeoCoin among others, so you might want to keep an eye on the altcoin market for other not so popular names as well.