Posts Tagged ‘Genesis Mining’

Mining Ether Just Got a Whole Lot Cheaper

9, May 2016

gm-enigma-ethereum-mining-farm

Ethereum is one of the fastest growing cryptocurrencies next to Bitcoin. Just a few months ago, the price was $1, then it shot up to $13 and today it has settled at just under $10. This rapid growth excited investors who were eager not to miss out on another hyper-growth investment opportunity.

While some choose to invest in Ethereum directly, many are turning to Cloud Mining to enter the market. Genesis Mining, the world’s largest cloud mining provider and first Ethereum cloud miner, announced today a significant decrease in their price to mine Ether.

Starting today, the price will be $37 per MH/s, reduced from the current rate of $44 per MH/s. Discussing this price change, Genesis Mining co-founder and CEO Marco Streng stated, “Every day, we are working to reduce operational costs to mine on behalf of our 200,000 customers and every time we have the opportunity to provide greater ROI potential and value to our customers, we are honored”.

Following the price reduction announcement, Genesis Mining released footage of their Ether cloud mining farm, Enigma, which is the largest Ether cloud mining farm in the world. You can view the newly released footage here. CTO of Genesis Mining, Stefan Schindler stated “The reason we are able to continue reducing the price for our customers is due to heavy optimization of the Enigma farm and economy of scale. We are proud of bringing Ether Mining mass deployments to a next dimension with Enigma.”

Like all cryptocurrencies, the future of Ether remains uncertain, but the tone of the conversation surrounding Ether is different than almost any other cryptocurrency. Discussing the excitement, Streng stated, “We believe it is headed to the moon and we are building a rocketship to make sure our customers do not miss out”.

Should you decide to purchase some Ethereum cloud mining hashrate you can get an extra discount from the already lowered regular price by using our special promotional coupon code CryptoMiningBlog5 during the checkout.

– To purchase Ether cloud mining contracts at the new discounted rate from Genesis Mining…

Genesis Mining Celebrates Two Year Anniversary With Big Discount Code For Cloud Mining

9, Apr 2016

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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.

– To learn more and take advantage of Genesis Mining’s 5% discount code on all purchases…

Ethereum Cloud Mining Hashrate Available from Genesis Mining Again

13, Feb 2016

gm-new-ethereum-mining-hashrate

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.

– You can get more information about the new Ether Cloud Mining Contracts by Genesis Mining here…


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