Genesis Mining review

1. Genesis Mining cloud mining

Genesis mining has been operated cloud mining since 2013. They are a Hongkong based bitcoin cloud mining company. They have farms in Iceland, USA and Canada. Genesis have a partnership with one of the largest ASIC manufacturer´s, Spondoolies Tech. Genesis write a blog about bitcoin. They update a couple of times in a month. Genesis also provide webinars a few times every year. During these, they film from inside the parks and talk about their ongoing projects.

2. Genesis Mining Platform

Genesis mining has a clean and nice platform.It´s very easy to get an overview and navigate through the website. They offer two-factor authentication. They also give you the opportunity to choose mining allocation between SHA-256 and Scrypt. We always have a discount of 3% for lifetime contracts. Use this genesis mining promo code CZL5k6 .

 It doesn't matter which code you will use - all promo codes will give you 3% discount . For example FB5 is Facebook's promocode for Genesis mining and will give you 3% also.

3. Genesis Mining Review - Statistics

Genesis has more than 100.000 members. The expected return on investment can vary. It depends on the bitcoin price and mining difficulty. Both of them are hard to predict but expect around 15 % return on investment if nothing dramatic happens.

4. Genesis Mining Review - Risks

There are a few risks with cloud mining companies. These are business transparency, flexibility, company size,equipment, and communication. Genesis is one of the largest bitcoin cloud mining companies. They have many farms with modern equipment. Genesis have put a lot of effort to maximize energy efficiency in their mining farms. Genesis is an actor prepared for competitors to show up. They are also prepared for a lower bitcoin price.

5. Genesis Mining Review - Support

You reach support by contact form or email. They are pretty fast to answer questions.

6. Our view on Genesis Mining

Our view on Genesis mining is that it´s a trustful actor. We have invested in Genesis mining since October 2014. We have received daily payouts every day. The bitcoin value and mining difficulty reflect the payouts. We have had little contact with support since everything has gone smoothly.

7. Genesis mining promo code - Invest

You need a bitcoin wallet to receive payouts. If you don't have one you must get one. We recommend COINBASE where you can get $10 for free.

1. Go to Genesis-mining.com.
2. Sign up with an email.
3. Confirm email.
4. Login.
5. Choose UpgradeHashpower.
6. Choose which type of contract.
7. Choose a payment method (Bitcoin, Credit card, Wire, Litecoin, Darkcoin, Dogecoin).
8. Choose contract size.

9. Genesis Mining Promo Code: CZL5k6

10. Check the box for the contract agreement.
11. Enjoy daily payouts.

12. 8. Genesis mining profitability

    
    

    

    We invested first time in Genesis mining in Oct. 2014. We have since then bought SHA-256 contracts for 9.3 BTC. We have collected all our net payouts and created this graph. As you can see we just broke even and now, start to make a profit.

13. 9. Genesis mining Ether mining profitability

    
    Total invested: 0.28 BTC = $125 (Since 2016-01-26)
    Total payout: $93
    Payout rate 2016-06-07: $0.5 / Day
    Estimated time to break even: July 2016 = Approximately 6 months
    These are our Ether cloud mining payouts from Genesis mining. We have invested in total 5 MH/s. We have bought Ether cloud mining contracts at 2016-01-26, 4 MH/s for 0.18 BTC and 2016-03-01, 1MH/s 0.10 BTC. Genesis mining increased the price of Ether mining rounds between our purchases. During the first round Ether was still a low valued altcoin with less attention. Between the rounds of Ether cloud mining contracts Ether gained huge attention and skyrocketed in price. That´s why the second round contracts are more expensive.
    
    

14. 10. Genesis mining pictures
    

    

    

    CZL5k6

    VISIT GENESIS MINING