All About BTC, LTC, ETH mining as well as other alternative crypto currencies
Currently serving over 180,000 customers, the world’s leading Bitcoin cloud mining provider Genesis Mining is celebrating its two year anniversary with generous 5% discount codes on all purchases until April 11.
Two years ago, Marco Streng, Marco Krohn and Jakov Dolic announced the launch of Genesis Mining. After being involved in Bitcoin for several years, they watched on the sideline as cloud mining companies came and went and realized that there was a huge opportunity in the market to offer a legitimate and trusted cloud mining service.
Genesis Mining has now become one of the fastest growing Bitcoin companies in the world and today, proudly serves over 180,000 active daily customers.
Speaking with Marco Streng, CEO and Co-Founder of Genesis Mining, he stated “When we first launched, we made it our goal to truly dedicate ourselves to our customers. While we come up with innovate ideas on our own, many of the new services and products we launch come straight from our customers. We’ve made it a habit to listen to what they want then build products and services to cater to them.”
And the customer growth continues, driven in recent months by the rapid increase of Ether price. Genesis Mining made headlines in February when they announced their Ether Cloud Mining offering when the price was below a dollar, shortly after the price began to quickly increase, reaching nearly $12 today. This price hike resulted in a flood of new and thrilled customers.
While operating for two years and 180,000 customers are significant milestones, Genesis Mining continues to raise the bar and aim for new heights. To celebrate the two year anniversary of launching, Genesis Mining is happy to offer a 5% discount code to all customers, valid until 04/11/16 11:59 PM. To receive a 5% discount on Bitcoin, Ethereum and Scrypt cloud mining, simply enter discount code HappyBirthdayGM16 at checkout. If you miss the special event promo code, you can still use our special discount code CryptoMiningBlog5 to get some extra discount and get even better price should you decide to purchase a cloud mining contract.
The cloud mining service provider Genesis Mining now offers more Ethereum cloud mining hashrate after briefly being out of stock due to the high user demand. Unfortunately the return of more available Ethereum cloud mining hashrate for sale comes with a significantly higher price per MHS than it was available for before. Previously 1 year mining contracts were available at $17.99 USD per MHS with all included fees for the term of the contract and now the price is set at $44 USD per MHS for the same terms or more than double the old price. One can argue that in the recent days there has been a significant jump in the exchange rate of Ethereum’s Ether (ETH) coins on the market, more than double, and the performance per GPU is lower because of the increasing DAG size, but it is not clear if this will be a long term price increase or it is just temporary jump. So while at the old price the Ethereum cloud mining contracts were very attractive, but they are not anymore now that their price has been significantly increased… will have to wait and see. Meanwhile should you decide to purchase some Ethereum cloud mining hashrate you can get an extra 5% discount from the regular price by using our special promotional coupon code CryptoMiningBlog5 during the checkout.
The Bitcoin network difficulty is skyrocketing lately and as the trend continues buying ASIC miners or cloud mining hashrate at the old prices that were available for the last few months was not a very good idea as the mining profit dropped significantly even though the BTC exchange rate has risen as well. Today Genesis Mining has announced a significant decrease in the price of Bitcoin cloud mining hashrate as well as a reduction in the maintenance fee thanks to the deployment of new mining hardware. The new prices are as follows: $26 USD for 100 GHS ($0.26 per GHS) Lifetime Bitcoin mining plan, $499 USD for 2000 GHS hashrate ($0.25 per GHS) and $2400 USD for 10 THS ($0.24 per GHS). These new prices are for new purchases of hashrate at the service and they also come with new lower maintenance fee of $0.00055 USD per GHS down from the old fee of $0.00069 USD per GHS per day. This should make new purchases of Bitcoin cloud mining hashrate more profitable for the time being, though it seems that the total Bitcoin network difficulty is continuing to grow quite rapidly so you should think well before doing an investment in mining hashrate and that goes not only for cloud mining for BTC.
The cloud mining service still offers X11 cloud mining hashrate as well via GPUs, but it has been temporary out of stock of Ethereum (ETH) cloud mining hashrate due to the high demand that is associated with the recent serious jump in the price of the Ether coins. We are being promised that there will be new GPUs installed soon and more Ethereum cloud mining hashrate should become available for miners that are interested in purchasing such. If you decide to purchase some cloud mining hashrate do not forget that you can get an extra 5% discount from the regular price by using our coupon code CryptoMiningBlog5 during the checkout, so do take advantage from that special offer.