Archive for the ‘Cloud Mining’ Category

Scrypt Cloud Hashrate Available Again at Genesis Mining

9, Dec 2014

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Genesis Mining is now offering again Scrypt cloud mining hashrate after a bit of time being out of stock, the newly available hashrate comes with new lower prices that bring 1 Megahash below $10 USD. You can now purchase 2 MHS for $19.98 USD ($9.99 per MH/s), 20 MHS for $195 USD ($9.75 per MH/s) and 100 MHS for $949 USD ($9.49 per MH/s). The daily maintenance fees are also lower currently at $0.04 USD per MHS, so with the current low price of Litecoin and the LTC network difficulty the actual daily profit that you can expect to get is not way too attractive. So you might want to consider trying out the automatic multipool profit-based switching or mine an alternative Scrypt crypto currency from the other coins supported besides LTC at the service. You can use our special promo code – CryptoMiningBlog5 that will give you an extra 5% discount on every purchase, also including SHA-256 cloud mining hashrate purchases at Genesis Mining.

– For more information about the currently available hashrate from Genesis Mining…

Genesis Mining Innosilicon A2 Scrypt Mining Farm

8, Dec 2014

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One of the things that miners are most concerned about when talking about cloud mining services is the fear that they may be a Ponzi scheme and that fear is fueled by the fact that many of these services are not very open and prefer to remain highly anonymous. Not all of the cloud mining services are like that however, there are some that want to be more open and not remain anonymous in order to make it clear to their users that they are serious and reliable. One such service is Genesis Mining, a service that was started just a few months ago, but has been developing constantly and is offering some unique and interesting new features in the industry.

A few days ago we have covered one of the latest features, the addition of Unobtanium (UNO) as a SHA-256 coin that you can choose to mine with Bitcoin cloud hashrate that you purchase. We have also covered the fact that the service has been out of stock of Scrypt cloud mining hashrate along with some concerns regarding ZeusMiner, one of the Scrypt hardware suppliers for the service. Genesis Mining however does not rely only on Zeus, who have announced that they are not going to be making new hardware a while ago, they do have other hardware suppliers like Innosilicon. As a proof we got a photo of Genesis Mining Scrypt mining farm of located in Iceland that is populated with a lot of Innoslicon A2 Terminator-based Scrypt ASIC miners and the company’s CTO in front of the mining hardware.

– For more information about the currently available services from Genesis Mining…

Genesis Mining With Alternative SHA-256 Coins You Can Choose to Mine

2, Dec 2014

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The cloud mining service Genesis Mining has added options for its users to mine alternative SHA-256 based crypto coins besides Bitcoin with the purchased hashrate. This is probably the first and only one to offer such service for cloud mining contracts for SHA-256 hashrate, just like they also did with the Scrypt cloud mining hashrate and the option for mining alternative coins and not only LTC. The new SHA-256 coin that you can choose to is currently Unobtanium (UNO), or you can choose to have your most profitable coins mined and automatically exchanged for BitcoinDark (BTCD), DarkCoin (DRK) or Litecoin (LTC).

Genesis Mining has been out of stock for their Scrypt cloud mining hashrate for a while, so currently you can only purchase SHA-256 cloud hashrate and the ability to mine only UNO or BTCD or to share your hashrate between these is interesting, and hopefully we are going to see some other coins available soon. Regarding Scrypt hashrate, since the hardware supplier for the hashrate was ZeusMiner and with regards to the company recently cancelling their plans for next generation chips probably the service will have to find another hardware supplier before offering more hashrate to customers. So for the moment Genesis Mining is only offering SHA-256 cloud mining hashrate that is no longer limited for mining Bitcoins and there should be no problems with availability since the supplier for the hardware here is Spondoolies Tech.

– For more information about the currently available services from Genesis Mining…


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