About Genesis Mining
Genesis Mining offers hosted cryptocurrency mining services and a variety of mining related solutions to small and large scale investors. Their service was founded by the end of 2013 and with now over 1.000.000 users they are the world‘s leading multi-algorithm cloud mining service. Genesis Mining is also the founding partner of Logos Fund, the first ever Bitcoin Mining Fund, which targets professional investors looking to gain access to Bitcoin’s and various other digital assets‘ potential.
The CEO and Co-founder of Genesis is Marco Streng. He is well known 28-year old millionaire who built Bitcoin empire. Genesis owns huge warehouses in Reykjavik, Iceland. Marco gathered the team of mining experts with extensive knowledge of the digital currency sector specializes in building the most efficient and reliable mining facilities. The current members of their mining team come from different scientific disciplines, thus such team diversification gives them advantage of serving their clients better by seeing problems from different perspectives and resolving them appropriately.
Marco Streng and Genesis Mining became very popular in crypto world. Marco is giving interviews about his business, and mining of cryptocurrencies in general, to CNN, CNBC, Bloomberg, The Telegraph and etc.
Recently just read an article about him and his business on The Telegraph (more about article).
- Well know brand worldwide in crypto mining. No doubt about their legitimacy
- Variety of coins to mine e.g Bitcoin, Dash, Ethereum, Litecoin, Monero and ZCash
- User friendly website and easy to follow (i.e. how to register, how to start mining)
- Their website can be translated into 21 languages, thus easier for non-English speakers
- Purchase mining contracts with Credit Card, Bitcoin, Bitcoin cash, Dash, Litecoin or Dogecoin
- Prices for mining plans are quite high compared to other mining companies (Hashflare, CCG and Bitclub network). e.g. 2 year Ether mining contract of 40MH/s costs US$1.480, while in CCG is approx. US$1.100.
- Due to high demand, almost all contracts are sold out. From time to time they are expanding their mining facilities thus offering new mining contracts. Therefore you need to follow up on such events by yourself, or subscribe to our website and we will inform you accordingly.
How to start
Step 1. When you enter their website, click on “Sign up”, which is on the top of the website.
Step 2. You complete a sign up form and welcome on board 🙂
Step 3. Once you entered inside the members area, you will find “Dashboard”. On the left side you will see “Meniu”, where you can find all information needed i.e. Payouts/Bonus payouts/Orders/Account info and etc.
Additionally there is a button “Buy Hashpower”, where you can buy mining contract and start earning passive income from tomorrow (unless otherwise stated). You can check your earnings every day from your dashboard, by scrolling down the page you will find earnings chart where you can check your earnings daily.
I believe that it is very easy and does not require any technical knowledge to start mining crypto currencies.
If you want to get 3% discount, ensure that you include promo code “SYcr7D” when you make a purchase on their website.
Before code is included:
After code is included:
Marketing and affiliate program
For those who are interested to build their own website (step-by-step guide is provided), boost their passive income from it and reach your followers worldwide, refer to the Marketing section of this website >> Marketing. For those who are not, can skip this section of the review as this section is covering the possible additional income from affiliate program.
Their affiliate program offers 8 ranks, that means depending on your sales you will get commissions from 2,5% up to 6%. As an example Rank 1 is “Starter” and you get commission of 2,5% on your sales. Once you reach US$100 in commissions, you will be upgraded to Rank 2 “Copper” and start earning 3% commissions on your sales. There are links and banners ready for you and you can place them anywhere you want. Additionally, if any person uses promo code, he/she will get 3% discount on every his/her purchase. So you can share your code with any person you’d like – friends, family, or followers. They’ll get a 3% discount on their purchase, and you’ll get a hashpower upgrade corresponding to your rank. So its a win-win situation for both parties.
Example: there are Ether mining contracts of 40MH/s for US$1.480. If you are at “Copper” stage, you get 3% commission. So your commission from one sale is equivalent to US$44 (US$1.480 x 3%). In case you made 10 sales during a month, your commission will be equivalent to US$440.
Well following the above I have no doubt about their business and its legitimacy. I am confident that they will not run away with my and your money. Their transparency, monthly updates on their business, testimonials, various videos about their mining warehouses and number of articles in media give me comfort that my investment is secure. Through referral program you will be able to attract new customers for them much easier than to other mining programs, and significant role acts their brand name. Earnings per customer from this referral program may seem not to be so attractive (starting with 2,5%) compared to other programs, but you may find more people/businesses interested to be customers of Genesis mining (due to reasons mentioned above). Therefore, your lower earnings per customer will balance through larger number of customers referred to Genesis mining.
If you have any questions, please feel free to contact us on Facebook or Instagram or by using the contact page and don’t forget to subscribe to our website. This is the link to Genesis website >> Genesis mining. In case you will purchase any mining contracts please use my code “SYcr7D“, so my time for this review and, in general, for this website will not be wasted 😉
p.s. I’ve always believed in transparency on the web and so I am disclosing that I’ve included certain products and links to those products on this site that I will earn an affiliate commission for any purchases you make. My goal with the blog is to help educate you on the possibilities that exist for a blogger in practically any field, but please understand I am doing this as a for-profit business and, frankly, so should you with your site unless you have some charitable endeavor in mind. I only promote those products or services that I have investigated and truly feel deliver value to you.
Please note that I have not been given any free products, services or anything else by these companies in exchange for mentioning them on the site. The only consideration is in the form of affiliate commissions.
Cheers and good luck!