Posts Tagged ‘bitcoin cloud mining

It seems that with the waking up of the crypto market after the long “crypto winter” the companies that survived are getting back on track and so is Genesis Mining. After recently starting with new DASH (X11) Cloud Mining Offers, they are now also opening up new contracts for Bitcoin (BTC) cloud mining as well. Now, cloud mining can be a tricky and risky business and over the years we’ve had a fair share of bad luck and bad decisions, so you should always be extra careful and do your math and set reasonable expectations. Genesis Mining is one of the largest could mining companies that we have worked with for a long time and unlike most others it managed to survive and adapt to the market changes over the years.

The company is currently offering two plans for Bitcoun could mining: Bitcoin Radiant Classic and Bitcoin Radiant Zero. The Classic one is with 1 year (12 Months) of guaranteed runtime even in cases where your daily mining reward falls below the Maintenance Fees and a fixed maintenance fee is deducted from all 1 year contracts for their full runtime with the current maintenance fees set at $0.099 USD per TH/s per day. The Zero plan is also with 1 year (12 Months) of guaranteed runtime, however there is no Maintenance Fee involved, you pay for everything upfront and thus the price is higher.

The Radiant Classic Gold plan is available for $65.99 for 2.5 THS, Radiant Classic Platinum offers 25 THS for $629.99 USD and the Radiant Classic Diamond plan is for 200 THS at a price of $4799 USD. The Radiant Zero Gold plan is for 1.5 THS at $94.99 USD, the Radiant Zero Platinum plan is for 20 THS at $1259.99 USD and the Radiant Zero Diamond plan i for 75 THS at $4724.99 USD. There is also an option for custom plan with different hashrate for each of the two variants for Bitcoin (SHA-256) cloud mining that the company offers. You can also use our special discount code CryptoMiningBlog5 to get some extra discount and get even better price should you decide to give their services a try.

Fore more details about the current Bitcoin (SHA256) Cloud mining offers from Genesis Mining…

One of the world’s largest crypto cloud mining provider is offering Bitcoin cloud mining contracts again after a few months without the option to buy BTC cloud mining contracts. The new contracts do not seem to be that attractive price wise, even though they are for 5 years duration and will not get cancelled even if they become unable to pay for the maintanance fees for the duration of the contract. The most interesting thing here according to the company is the reduction of the maintenance fee to as low as $0.14 USD per THS per day for all new mining capacities as well as the ability to also mine natively Bitcoin Cash (BCH) with any purchased hashrate. You can easily check if this is a good deal or not for you if you run the numbers in a mining calculator. Unfortunately at the moment no other type of cloud mining hashrate is being offered such as DASH, Ethereum, Litecoin, Monero or Zcash. Do note however that current cloud mining offers are temporarily not available for US customers due.

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

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…


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