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Get You Ethereum Cloud Mining Hashrate from Genesis Mining
26 Jan2016
It the last few days we have seen a rapid increase in price of the Ethereum’s Ether coins on the exchanges with the price of 1 Ether coin trying to reach the $3 USD mark and getting closer and close to the price of Litecoin. This has sparked a lot of user interest among users that are new to Ethereum and that have not yet mined it with their GPUs, so we’ve seen a lot of new miners joining the Ethereum mining and a lot of interest in cloud mining for Ethereum as well. AMD GPUs are generally doing better than Nvidia-based ones for mining Ethereum, though you can mine with both. For the moment the only service that is offering Ethereum cloud mining is Genesis Mining with 1 year mining contracts starting at $17.99 USD per MHS. The minimum contract you can purchase is 3 MHS and each contract includes all fees in the price of the hashrate, so there is no additional maintenance fee associated with it. The good news is that you can get an extra 5% discount from the regular price by using our coupon code CryptoMiningBlog5 during the checkout.
– You can get more information about the new Ether Cloud Mining Contracts by Genesis Mining here…
- Publihsed in: Cloud Mining
- Related tags: bitcoin cloud mining, BTC cloud mining, cloud mining, Dagger Hashimoto, dagger-hashimoto cloud mining, dagger-hashimoto mining, DarkCoin cloud mining, Dash cloud mining, ETH, ETH cloud mining, ETH Genesis Mining, ETH mining, Ethash, Ether, Ether cloud mining, Ether Genesis Mining, Ether mining, Ethereum, Ethereum cloud mining, Ethereum mining, Genesis Mining, Genesis Mining cloud mining, Genesis Mining fixed term contract, Genesis Mining profitability, Genesis Mining promo code, Startcoin cloud mining, Vitalik Buterin, X11 cloud, X11 cloud mining, X11 hashrate
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3 Responses to Get You Ethereum Cloud Mining Hashrate from Genesis Mining
malickie
January 26th, 2016 at 19:25
” For the moment the only service that is offering Ethereum cloud mining is Genesis Mining with 1 year mining contracts starting at $17.99 USD per MHS.”
That statement isn’t technically true, Eobot offers mining of Ethereum though of course their trust is so so, there is also ethercloud.info Newer than Genesis so again trust not sure on. Than there is a place where you can rent people’s rigs at rigs.online.
So overall saying Genesis mining is the only service offering Ethereum Mining isn’t technically true, it is the only one that has full trust though or at least some trust.
bathr
January 27th, 2016 at 03:26
A 1 year contract is pretty much stupid. Eth will go PoS as far as I know and the DAG file is continuously getting bigger which means the cards will keep slowing down and eventually cards with not enough memory won’t even be able to mine it (dagpocalypse). Not sure how they can guarantee 100 Mhs in these conditions.
Maybe they won’t actually intend to mine anything, just pay out as if they did hoping users wouldn’t ROI which means they profit.
admin
January 27th, 2016 at 09:47
Genesis promises to move the ETH hashrate to X11 hashrate if Ethereum switches to PoS before the end of your contract, so you are not going to lose the hashrate. Also you are paying for a given hashrate and you will be receiving it, regardless if the increase of the DAG file size is reducing the performance per GPU that the mining service will get, they have a big GPU mining farm already and they should still provide you with the amount of MHS you have paid for.