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GET STARTED WITH BITCOIN MINING

Interested in mining bitcoin? Try cloud mining today.


What is cloud mining?

Cloud mining means the use of shared process power which is operated through remote data centers. It saves the users the hassle of having to invest and set up their own cryptocurrency mining hardware. Cloud mining also enables people to mine cryptocurrency without any technical knowledge or high initial investment.

Genesis Mining offers you a smart and easy way to invest your money. Our solution is suitable for those who are new to the world of cryptocurrencies, as well as for cryptocurrency experts and large-scale investors. Genesis Mining is the world’s first large-scale multi-algorithm cloud mining service, offering an alternative to those who would like to engage in bitcoin and altcoin mining. Be part of the bitcoin community today.

What is bitcoin mining? 

How to mine bitcoins you ask? When a “block” of transactions is created, bitcoin miners initiate a process that confirms its accuracy. They take this block and apply a mathematical formula, turning that initial sequence into something much shorter. The outcome is a more compact sequence and truncated patterns of letters and numbers that is also called a “hash.”

Each new block is produced using the hash of the block before it. This is one way the accuracy of the block is confirmed. This process creates a “wax seal,” which says this block and the one before it is accurate. Let’s say you decided to tamper with the block. If so, everyone would know instantly because of this process – and it would be spotted as a fake. Here is a quick breakdown of the mining process:

When a Bitcoin transaction is made, it is bundled together with many other transactions into what is called a Block.

Miners compete to solve cryptographic hash functions, known as proof-of-work problems.

The job of the miner is to verify that the transactions in a Block are legitimate.

A reward is given to the miner who solve a Block's proof-of-work problem first, and the verified transactions are recorded into the Bitcoin blockchain.

MINE MULTIPLE CRYPTOCURRENCIES 

BITCOIN

Bitcoin is the first open-source, decentralized and most popular Cryptocurrency. Bitcoin cloud mining uses the SHA256 algorithm and is mined with specialized ASIC-Hardware.

ETHEREUM

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

DASH

Dash, also called Digital Cash, offers instant and private payments online or in-store using their secure open-source platform.

LITECOIN

Created by a former Google engineer, Litecoin is the silver to Bitcoin’s gold - it’s fast, efficient, and perfect for tiny transactions and day-to-day expenses.

MONERO

Monero was built from the ground up to focus on user choice: the choice for scalability, the choice for privacy, and the choice for decentralization.

ZCASH

Zcash is the first open, permissionless financial system employing zero-knowledge security. Zcash is mined with the Equihash algorithm.

CUSTOMER TESTIMONIALS

Genesis Mining is one of our biggest clients and proven to be a reliable and trustworthy business partner. Their transparent mining sites and high quality software infrastructure together with our high end mining hardware result in a great and unique product and experience for everybody interested in mining!

Terry Li, CEO Zeus
Leading Scrypt Asic Manufacturing Company

Genesis Mining is one of the leading cloudmining companies and a trustworthy partner of ours. It's good to see that they are an honest cloudmining service which shows their farms openly to the public.

Guy Corem, CEO Spondoolies-Tech 
Leading Bitcoin Asic Manufacturing Company

START MINING TODAY

It’s super simple - Your mining rigs are already set up and running. As soon as you’ve set-up your account you can start to earn your first coins from our bitcoin cloud mining service!