All About BTC, LTC, ETH mining as well as other alternative crypto currencies
Lately we’ve seen the exchange price of Bitcoin exploding and yet again the driving force behind the serious spike seem to be the big number of Chinese people investing into BTC. While on the western Bitcoin exchanges the price is trying to reach a new high of about $380 USD per Bitcoin, we are seeing that the big Chinese exchanges are already very close to $400 USD. This simply means that other exchanges will most likely follow and we may even reach $400 USD exchange rate even later today and it might not be the end of the price increase. So you might want to keep a close eye on what is happening with the price of Bitcoin and take advantage of the best moment to sell some coins…
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.