Archive for the ‘Cloud Mining’ Category

Genesis Mining With Limited Pre-Sale of Bitcoin Cloud Mining Hashrate

10, Nov 2017

It seems that due to the peak of price and interest in Bitcoin (BTC) even the largest cloud mining companies like Genesis Mining are having trouble securing enough mining equipment in larger quantities fast in order to satisfy the growing demand. The company has started a limited pre-sale of Bitcoin cloud mining contracts with mining expected to start on 28.02.2018 or roughly more than 3 and a half months from now when you can purchase hashrate. As a regular customer if you want to purchase a Bitcoin mining ASIC from Bitmain you would still need to pre-order with current batches scheduled for early 2018 shipping as well, though you can manage to find some overpriced Antminer S9 units in stock currently for sale as well. Unfortunately alternatives to Bitmain such as Canaan’s AvalonMiner 741 are also out of stock at the moment and that goes even for the less know and popular Ebit E9 miners as well.

Securing Bitcoin mining hardware or even cloud mining contract for such seems to be not so easy at the moment, and even the GPU mining craze from earlier this year has calmed down and profits through altcoin mining and selling for BTC are not as high and attractive for many users. Aside from Bitcoin cloud mining hashrate the company is also selling Ethereum cloud mining contracts with immediate start and the same goes for Monero and Zcash mining contracts. Currently DASH and Litecoin mining contracts are not available, though we would be extra careful with DASH specially due to the inflow of many new X11 ASIC miners on the market and difficulty skyrocketing on a daily basis. Litecoin has been more active lately and things are moving there as well and the user interest is higher in mining capacity for Scrypt ASIC miners as well as even for cloud mining options.

– If you are interested in checking out the current cloud mining offers of Genesis Mining…

Genesis Mining Now Offering Monero (XMR) Cloud Mining

24, Mar 2017

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.

– For more information about the new Monero (XMR) cloud mining offers from Genesis Mining…

Genesis Mining Offering Ethereum Cloud Mining Again

11, Mar 2017

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.

– For more information about the Ethereum cloud mining offers available from Genesis Mining…


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