All About BTC, LTC, ETH mining as well as other alternative crypto currencies
With the user interest in Monero (XMR) peaking up in the last couple of months it is no wonder that we are now starting to see cloud mining services like Genesis Mining starting to offer cloud contracts for that crypto currency as well. The just announced Monero (XMR) cloud mining offers using the CryptoNight algorithm start at $33.99 USD for 30 H/s, then go for $999 USD for 900 H/s and $2899 USD for 2700 H/s as well as come with an option for any custom hashrate of course. The XMR cloud mining contracts are for 2 year period of time with all costs included in the price of the hahsrate, so no need to pay any extra maintenance fees or anything else for the duration of the mining contract. You can also use our special discount code CryptoMiningBlog5 to get some extra discount and get even better price should you decide to purchase an Monero cloud mining contract from the company. As usual with cloud mining offers, do the math first and the decide should you take up an offer or not.
The cloud mining provider Geneis Mining has started offering Ethereum cloud mining contracts again after they were not available for a couple of months with the focus more on ZCash cloud mining with GPUs. The new mining contracts are available at a lower price and with an extended 2 Years period with no additional mining fees (everything is included in the price you pay for the hashrate). There is of course a clause in the contract saying that in case Ethereum switches to Proof of Stake (POS) before the contract period ends your hashrate will not disappear, but will instead be switched to the most profitable algorithm to mine at that point of time. Initially we expected to see Ethereum (ETH) switch to POS at some point this year, but this will most likely be delayed and no official date for the switch has been announced yet… and the interest and price of Ethereum has been going up lately once more.
You can currently get 1 MHS Ethereum cloud mining hashrate for $29.99 USD, 30 MHS for $869 USD of 100 MHS for $2799 USD as a preset packages or any custom hashrate in between with discounts for the more you purchase. The Ethereum cloud mining contracts are with a duration of 2 years and there is no maintenance fee, everything is included in the price you pay for the hashrate. You can also use our special discount code CryptoMiningBlog5 to get some extra discount and get even better price should you decide to purchase an Ethereum cloud mining contract from the company.
Genesis Mining, the world’s leading hashpower provider for cloud mining, is announcing a new promotion for its existing and new customers. Genesis Mining provides cloud mining capabilities to those who want to mine cryptocurrencies without using costly hardware at home.
Black Friday and Cyber Monday are right around the corner and Genesis Mining will be doing a sale from 12:00AM UTC on Friday all the way through Cyber Monday (12:00AM UTC Tuesday). During the sale all Genesis Mining products will be 5% off!
Cryptocurrency mining contracts Genesis Mining currently offers:
Why Cloud Mining? Mining cryptocurrencies requires the use of sophisticated computer hardware. Most people don’t want to maintain this hardware, and even for those that have the expertise, the costs of energy, cooling, and maintenance often undermine mining profits. Genesis Mining offers cloud mining by giving it’s customers hashpower from an incredibly efficient mine that uses Iceland’s geothermal energy to provide peak efficiency at minimal cost.
For those interested in a cloud mining experience, you can check the pricing page that will include the Black Friday/Cyber Monday promotion on Thursday at 12:00AM UTC.
Since the promotional pricing is already applied when you purchase a new contract during the promotional period you should be able to also use additional discount codes as well. So you can use our discount code CryptoMiningBlog5 and get additional 3% off the already discounted prices for cloud mining hahsrate in the Black Friday/Cyber Monday Promotion.