~~~ Below You Would Find An Article On Genesis Mining. Thesis: Is Genesis Mining A Profitable Cloud Mining Machine Or A Too Good To Be True Idea? By Writing This Researched Review, BESTradingBrokers Intends To Provide Researched Inference About This Cloud Mining Software And Advises Users To Use Personal Judgement Before Deciding Purchasing Hashpower From Genesis Mining! ~~~
Established in 2013, Genesis Mining is designed to be an online system used to allow any cryptocurrency enthusiast to buy hashpower and begin reaping in the benefits of bitcoin and altcoin mining. Once a user purchases one of the offered mining contracts, the user is entitled to immediately begin cloud mining for their chosen coins.
The following cryptocurrencies could be cloud mined with Genesis Mining: BITCOIN (BTC), ETHEREUM (ETH), LITECOIN (LTC), DOGECOIN (DOGE), DASH (DASH), BITCOINDARK (BTCD), PEERCOIN (PPC), UNOBTANIUM (UNO), CURECOIN (CURE), NAMECOIN (NMC), ZETACOIN (ZET), and STARTCOIN (START). Cloud mining activity balance is processed each day within 24 hours, and daily payouts could be withdrawn to the user’s preferred Bitcoin or other offered cryptocurrency wallet. Furthermore, with Genesis Mining it is possible to allocate the percentage of each bitcoin or altcoin the user wishes to mine for each of the contracts. For example, the following allocation could be arranged for Advanced X11 Mining:
As you could see, the 2.5 MH/s cloud mining hashpower was allocated to various cryptocurrencies. This instance further verifies that it is even possible to mine Bitcoin (BTC) with purchased Advanced X11 mining hashrate. One question many interested cloud miners could ask is regarding the location of the mining pools that Genesis Mining uses. Although the locations are not disclosed, the executives yet promise that the online cloud mining software uses multiple mining pools, and automatically switches to a backup pool once the previous has been proven unprofitable. Additionally, the utilized mining farms are remotely located in America, Europe, and Asia in areas with cheap electricity. An advantage of using the GM’s mining pools is the “100% Uptime Guarantee” promise, which provides an oath that the cloud mining algorithms fairly compensate over 300,000 of Genesis Miner users based on their purchased hashrate 24/7 regardless whether or not the cloud miner crashes during any particular second. This extent of accountability demonstrates the potential reliability of Genesis Mining.
After purchasing the desired hashpower(s), users could additionally upgrade their accounts at any time by ordering more GH/s or MH/s for even better potential returns on their investment. Currently, three payments are available to purchase hashpower from Genesis Mining:
1) Cryptocurrency – Bitcoin (BTC) Litecoin (LTC), DASH (DASH), or Dogecoin (DOGE)
2) Bank Wire Transfer – USD or EURO
3) Credit Card – Mastercard or VISA (Minimum=$50/Additional fee for purchases of less than $100)
Users of Genesis Mining could participate in the Affiliate Program in which they are eligible for free upgrades after the referred members purchase hashpower under the user’s affiliate code. Below, you could see the advantages of taking part in the affiliate program: (BE SURE TO USE THE AFFILIATE CODE yLpGnW TO GET A 3% DISCOUNT FOR EACH UPGRADE!)
Conclusion: Is Genesis Mining truly a genuine profit-making cloud mining machine? Is it just an idea which seems too good to be true, but in fact does not provide a guaranteed return on investment? This is up to you to decide based on further research and reading on this subject. Before considering opening an account and purchasing hashpower to start cloud mining with Genesis Mining, use extreme caution and determine whether or not you would really experience over-the-edge profits over time. The article does not provide sufficient evidence to prove that the GM system is 100% profitable. Instead, the article has successfully provided a sufficient review of Genesis Mining. Now it is up to you to decide whether or not to start cloud mining with the system. If you do decide to mine, please use the AFFILIATE CODE: yLpGnW to show appreciation for relying on the above mentioned information. IN THIS CASE: GOOD LUCK, AND HAPPY CLOUD MINING!!!