Thursday, July 28, 2016

Genesis mining trusted cloud mining | How to mine bitcoin ethereum or any other altcoin without using any hardware support


Cloud Mining is the process of bitcoin mining utilizing a remote datacenter with shared processing power. This type of mining allows users to mine bitcoins or alternative cryptocurrencies without having to manage their own hardware.


Genesis Mining is an easy and safe way to purchase hashpower without having to deal with complex hardware and software setup. We are a team of mining experts with extensive knowledge of the digital currency sector. Genesis Mining specializes in building the most efficient and reliable mining rigs that we also offer for rent to our clients. Finally, our experts in cooling and maintenance of data centres are also an important part of our success.


Why Do I Trust Genesis Mining for cloudmining

Genesis Mining is the most famous and reputable company in the Cloud Mining industry, period.
It might not be owned by a giant hardware manufacturer like Hashnest, but it is certainly the most renowned and widely-covered Cloud Mining company by the press, including the most respected digital magazines in the bitcoin world such as Bitcoin MagazineNewsbtcInside Bitcoins as well as the prestigious traditional ones like The Economist. For a comprehensive list ofGenesis Mining's appearances on the news, you can visit its website.
It's also very open about making the identities of the people behind it public. I've been following its CEO, Marco Streng, on Twitter for a while, and this guy has been very active in reaching out to people at many bitcoin promoting events and guest speaking at a lot of important conferences. And even though it's officially based in Bermuda, Genesis Mining has already launched its own bitcoin awareness campaign across the US since November 2015.
​Just a fun fact, as part of this campaign, Genesis Mining recently used a billboard to troll JP Morgan CEO Jamie Dimon.
If you're still not convinced and need to get to know the team behind Genesis Mining a little bit better, you can follow this Youtube channel to listen to their Webinars and formulate your own judgement about their credibility. 
This is a video of one of their mining farms located in Iceland.
The only thing I don't like about this company's transparency is that for some reasons, it doesn't disclose a list of mining pools that it points itsminers to. However, this is just a minor thing which doesn't even remotely shake my confidence that Genesis Mining is legit.
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