How To Mine Cryptocurrency And Earn Profit

in #cryptocurrency7 years ago

How to get Bitcoin one of them is mining, mining is defined as mining, so mining Bitcoin means mining Bitcoin. Mining Bitcoin can either buy Bitcoin mining equipment and operate it on its own, or by hiring a cloud mining service for Bitcoin mining. Genesis Mining is one of the services that provides the best cloud mining rental.

Genesis mining is a company that rents mining services with multi-pool options such as Bitcoin, Dogecoin, Litecoin, Darkcoin, etc. By hiring cloud mining from Genesis Mining you do not have to think about mining, buying mining tools, paying utility bills and internet charges.


**What is Genesis Mining?**

Genesis Mining is an easy and safe way to buy "hashpower" devices without having to deal with complicated hardware and software. We are a team of mining experts with extensive knowledge of the digital currency sector. Genesis Mining specializes in building the most efficient and reliable mining rigs, which we offer for rent to our clients. Finally, our experts in data center cooling and maintenance are also an important part of our success.


**How does it work ?**

Fast and very easy! Once we receive your payment, the contract will be added to your profile, and you can start mining immediately. Depending on the contract, you can directly mine Bitcoin, DASH or Ethereum. It's also possible to redeem your fees with other virtual coins, even specify a certain allocation for them. For example: 60% LTC, 20% BTC and 20% DOGE. The first payment goes to our client's wallet after 48 hours, followed by daily payment.

With the few cases of bitcoin and cloud mining services recently, only genesis mining has been able to sustain consumer confidence to continue profitable cloud mining business. Genesis mining is always open and transparent to customers, Genesis always uploads the existence of mining tools to create trust and a sense of security for customers. This symbiosis will bring Genesis to be the only reliable and profitable cloud mining service.


We always add new coins to this list.

You can mine Bitcoin and various altcoins. As of June 2016, we provide the following coins:

For SHA256 we offer: Bitcoin, Unobtanium, Bitcoin, Dark, Litecoin, Dash, Zetacoin and Darkcoin.
For X11 we offer: Dash, Startcoin, Bitcoin, Litecoin, Dogecoin, Bitcoin Dark, Peercoin and Namecoin.
For Ethereum we offer: Ether and Bitcoin

We always add new coins to this list.
Its special feature is "Genesis Mining Advanced Autotrader":

For example, it allows you to get paid in BTC while mining with X11 algorithm! It is possible to automatically mine the most profitable X11 alticles which are then automatically exchanged with our algorithmic trading framework to BTC. This is a very cost-effective way to mine a variety of coins. We call it "mining BTC in a smart way".

The same technique is also used to mine LTC under the SHA256 contract.


What are the benefits that can be expected from my investment?

Mining Bitcoin and altcoin is highly dependent on the price and difficulty of the coins you get. It will not "look right" if we provide data on the profitability of the mine and the sales contract at the same time. Therefore, we recommend all our clients to do their own research and do their own profitability calculations.

For example, you might want to look at coinwarz.com
Remember that some of our products have daily maintenance costs, and this should be deducted from daily earnings.

Please note that the website is an independent source of reference and completely unrelated to Genesis Mining.


Who are the Genesis Mining Teams?

  • Marco Streng (CEO)
  • Stefan Schindler (CTO)
  • Jakov Dolic (Head of Sales)
  • Jana Eichhorn (Business Administration)

What is the Genesis Mining feature?

  • A credible, professional, and trustworthy company

  • Mining some Cryptocoin such as Bitcoin, Litecoin, Dogecoin, BitcoinDark, Darkcoin, and Unobtanium. You just choose the allocation of the mines of the coins. Can focus on one coin or several coins at a time.

  • One-time payment using VISA / MasterCard credit card, wire transfer, Bitcoin, Darkcoin, Litecoin, and Dogecoin.

  • Using the latest cryptocoin mine hardware and software technology.

  • Payout mine is paid ontime every day.

  • Contract for life. There is no additional fee.

  • Instant mining process (after payment is paid, about 4-5 hours of active mine)

  • Operate for 24 hours / 7 days without downtime.

Mining investment packages are also provided. Some Bitcoin Purchase / Investment Packages:
Gold Package (50 GH / s), Lifetime Contract. Contract cost 24.49 USD ($ 0.49 per GH / s)
Platinum Package (1000 GH / s), Lifetime Contract. Contract cost 469 USD ($ 0.47 per GH / s)
Diamond Package (15,000 GH / s), Lifetime Contract. Contract costs 6,750 USD ($ 0.45 per GH / s)
The Altcoin Mining Contract Package (other than Bitcoin) is currently temporarily closed. You can choose a Bitcoin mining contract by allocating some to Altcoin.


video tutorial Genesis Mining.

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Really interesting post @luckymen. Thanks for sharing :)

If you like Genesis Mining, you may be interested in WiredCoins. I have some videos on my Steemit blog about them. Be sure to research to know if it's right for you. :) (I personally like it a little better than Genesis Mining but both are good)

https://wiredcoins.com/?ref=LongStockSilver

I would highly suggest checking out WiredCoins. It's much easier than Genesis Mining. They only offer Bitcoin mining contracts at the moment.

https://wiredcoins.com/?ref=LongStockSilver

Solid post. I was about to start a similair discussion. Sell the coins that you know nothing about. Do proper research on any coin you buy. If the market falls at least you can hold your coins knowing they have a long term future. An interesting website I found: https://www.coincheckup.com This site gives a complete analysis and investment stats on every single tradable crypto out there.

nice post small coin is upportunity
i get free 500$ bonus not scam

enjoy link :https://steemit.com/upcoin/@miner76/get-your-usd500-register-at-upcoin-com-exchange

you can exchange and buy or mine crypto i test this site they pay is not a scam they have steem mining too

link: https://goo.gl/j38bJR

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