When we say cloud mining service, many companies like Minergate or Hashflare.io come to our mind. However there are also other companies that are responsible for this cloud mining service for different users who want to have coins such as Bitcoins or Ethereum. One of these companies is Genesis Mining and today I will tell you about how this company can be your best investment within the world of virtual currencies.
Early Years
Genesis Mining was born as a large company within Iceland, this large company aims to be one of the first companies to offer cloud mining services to different users on the internet. It is thus that they bought at first several balconies to put their big machineries of BTC generators. At first his services were limited to Iceland and Europe, but as time went on more investments came from everywhere and that was how he opened his markets in Asia, then in Africa and then in the world.
With the huge investments that came from all over the world, they have been bought more and more land within Iceland and today occupies many business balconies within Iceland. These extra investments have meaninglessly meant increasing the salary of people who come to Genesis Mining on a daily basis.
Genesis mining offers its cloud mining services to different users within the internet. Just register with an email and with an investment of up to $ 10 you can start mining from BTC to Monero, Ethereum and Litecoin.
Contracts
The different mining contracts are varied within the options of Genesis Mining and once you choose a mining plan, you can recover your investment in only 5 months. This is how Internet users have committed their monetary investments in Genesis and its mining farms.
The most common of the plans is the mining plan of Sha-254, which is the mining code to mine BTC. However they also have plans that can undermine Scrypt (ETH) or X11 (Monero), these options are available on the Genesis Mining website. The plans to mine BTC are for life while those of ETH with 2 years of mining and those of Monero with 3 years of mining.
It is recommended that users use the 3 plans offered by Genesis mining to have different currencies within their wallet. However it is also possible to pay for a single mining plan. The different virtual currencies allow to sell the currencies at different prices, so the price of 1 BTC = 2564 $, 1 ETH = 400 $ and 1 XMR (Monero) = 45 $.
In conclusion we can say that if you want to have passive income that in 24 hours 7 and days a week, we recommend you Genesis cloud mining services, where you can choose which currency you want to mine and earn inside your mining farm.