GENESIS-MINING.COM is a well-established X11, Ethereum and Bitcoin cloud mining provider. They are the largest Bitcoin cloud mining provider and furthermore are now offering Ethereum/X11 mining contracts as well. All their bitcoin contracts are lifetime contracts, which is a big plus! Currently, they have 3 undisclosed locations in Europe, America and Asia. They represent their service on all the important Bitcoin conferences / events and are more transparent than any cloud mining service out there! GENESIS-MINING.COM aims at the average Joe and as well at the bigger investor. They aim to be one of the most competitive cloud mining providers out there. You can start off with a 100 GHS (Gold) Bitcoin mining contract for 26$ to get a nice overview of the service they provide. If you look for something bigger you can purchase 2000 GHS (Platinum) for 499$ or 10000 GHS (Diamond) for 2400$. Their website is very clean and has a very appealing design. We really like how easy it is to set up an account with them and start mining. When you signed up, just fund your account with some Bitcoin and choose a mining plan that suits your needs. If you don’t want to pay with your precious Bitcoin you can pay by bank transfer, Litecoin, Dogecoin and Darkcoin or Credit Card.
The standard cloud hashrate plans offered by Genesis Mining are for 2 MHS, 10 MHS and 50 MHS, though there is an option that allows you to set a custom hashrate like for example 1 MHS. For the purposes of our test we have purchased 1 MHS worth of Scrypt hashrate in order to try out the service and report our experience with it. The payment types currently accepted include Euro, USD as well as Litecoin or Bitcoin. 1 MHS of Scrypt hashpower currently costs 0.291 BTC, though when you increase the MHS you can get better price per MHS, so for example 10 MHS will cost you 2.585 BTC and 50 MHS will cost you 11.308 BTC. The page for ordering hashpower has an option to enter a promo code as well, you can use the following up to date promo code to get a 5% discount of the regular price CryptoMiningBlog5. This code does give you a good opportunity to test out the service starting with one or just a few MHS at a better price than the standard one.
+ Fast, easy and free signup
+ Fast and friendly support, quickly responding and resolving occurring problems
+ Investments as low as 100 GHS / 1 MHS
+ Easy to understand and to operate dashboard
+ Very well thought design and general functionality
+ Mine your own Altcoin portofolio
+ Two factor authentification
+ Refferal / promo code system
– No option to trade or sell your KHS/MHS
+ Street adress
+ LinkedIN accounts
+ Telephone number
+ Pictures/Livestreaming of their hardware
+ Representing their service at the most important Bitcoin events / conferences
+ Low price per GHS / MHS
+ No hidden fees
Genesis Mining is one of the oldest players when it comes to cloud mining and so its most trustable also.It’s good to see that they are an honest cloudmining service which shows their farms openly to the public.