Genesis Mining

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Specs

  • Rating:
  • Payments:
  • Entry on: 2013
  • Type of mining: Cloud
  • Equipment market:
  • Supported coins: BTC, ETH, LTC, ZEC, XMR, DASH, Others
  • For users: Beginners
  • Language:

We provide unbiased reviews. Mining Advisor is an independent company that buys and tests the best products on the market.

The company

Genesis Mining is a leading mining platform active since 2013 with over 2,000,000 users worldwide and allows you to mine cryptocurrency easily and safely.

About Genesis Mining there are videos and photos of the different farms distributed in different areas of the planet, normally they are in areas where the climate is favorable for mining as well as low energy costs.

It does not offer the sale of entire miners but allows users to buy “all-inclusive” packages in just a few steps and with an extremely clear and simple interface. Genesis Mining allows you to select the coin to mine or distribute the computing power to mine other coins. Few platforms offer this opportunity and in the past it has been the great advantage for those who invested in Genesis.

The platform offers hashrate sales contracts to undermine the main cryptocurrencies ranging from 6 months to two years, so not only BTC but also ETH, LTC , DASH , XMR and ZEC; successful altcoins that are increasingly required by investors in cloud mining.

Our experience

Like us, other clients have certainly appreciated the opportunity to undermine several coins in the same platform in order to differentiate their investments.

The interface is very intuitive, allows you to pay in absolute security with credit cards and cryptocurrency and is now one of the most advanced platforms in cloud mining.

Payments are regular since the launch of the platform with average withdrawal times within 24 hours, or with automatic payments when a certain threshold is reached.

As far as mining is concerned, it has to be said that they had in the past several problems on mining credit for some coin (e.g. ETH), solved only after some time.

Genesis Mining doesn’t have a good technical support, sorry to say because from such an important reality you expect to have an excellent customer support but it is definitely one of the slowest and most inefficient.

Although it is one of the most important mining companies, it does not currently offer the best packs in terms of the cost of individual TH/s and its maintenance.

The ROI becomes longer than several competitors but we must also remember that here you are guaranteed not to see the site disappear with the ease that often distinguishes new mining sites.

Advantages

  • Possibility to mine more coins ( over 10 coins ).
  • Fast withdrawals.
  • Video and photos of the farms available.
  • Possibility to distribute the mining on more coins.

Disadvantages

  • Fee not at the top of the market.
  • They do not offer hosted miners.
  • Fixed contracts at 6 or 24 months and no other possibilities.
  • Poor customer support.

Conclusion

Genesis Mining, with its over 2,000,000 customers is definitely one of the leaders in the mining market and offers a wide range of coins to mine, which is very interesting for those who do not want to mine only BTC.

We have known it since 2016, but the company has been present since 2013.

We have never had any serious problem in its use even if we have to find that when we had the support was virtually absent going to solve the problem after even a month.

The withdrawals have always been very fast and the possibility of automating them when they reach a threshold is something we found convenient and effective.

They offer a real mining at average conditions that are convenient compared to the competition, they don’t sell Miners but offer hashrates with contracts from 6 to 24 months with a separate fee or included in the price.

There are not many promotions they offer and luckily as a payment method they also have credit cards apart from the usual crypto.

Genesis Mining is probably the most important cloud mining reality on the market, this does not mean that it’s the best but certainly the seriousness shown in all these years makes it an obligatory step for a comparison with other equally important realities.

Certainly recommended for seriousness, you should check the economic conditions of the packs at the time you decide to invest because they may not be the most convenient.

The positioning is based on certain and objective criteria, not “conditionable”, it is not possible to buy a better position or review.