Learn To Trade Forex • Best Forex Trading Course • AsiaForexMentor

Put an end to your quest of hunting for forex courses or coaches, there will be a new one popping out every other week. If you are looking for the “Guru’s guru” “The Best in the Industry” “One of the World’s Best Forex Trader” – as testified by my students.

AFM Proprietary One Core Program
EN
  • DE - Deutsch
  • EN - English
  • FR - Français
  • Who is Asia Forex Mentor
  • Blog
  • Vlog
  • AFM Proprietary Program
  • Reviews
  • Who is Asia Forex Mentor
  • Blog
  • Vlog
  • AFM Proprietary Program
  • Reviews
What is Genesis Mining?
No Comments

Genesis Mining

genesis mining 2

Also Read: Bitcoin Mining Rig: All questions answered

Contents

  • What is Genesis Mining?
  • Origin of Genesis Mining
  • Genesis Mining Pricing
  • Why is Mining so Important?
  • Conclusion
  • FAQs

What is Genesis Mining?

Genesis Mining is a cloud cryptocurrency mining company. This world-class cryptocurrency company allows users to mine cryptocurrency without going through the trouble of buying a mining rig and paying outrageous electricity bills.

They are one of the most transparent hosted hashpower provider for bitcoin.

bitcoin mining
Photo Credit: genesis-mining.com

Back to top

Origin of Genesis Mining

Genesis Mining was established in late 2013. The creators of this world-class cryptocurrency firm came to know one another by buying and selling Bitcoins on the very same platform.

As the bitcoin mining firm and its number of users increased, new mining farms were created and numerous new staff, specifically programmers and technicians, were employed.

The present bitcoin mining team members come from different scientific disciplines, but their shared belief in cryptocurrencies has made them united.

The current members made up of people that believe in the future of digital assets and they are active members of the growing community.

Back to top

Genesis Mining Pricing

genesis mining pricing
Photo Credit: genesis-mining.com

Genesis Mining offers 4 varieties of financial products. They are:

Radiant Small (starter)

This is the lowest plan offered by genesis. This plan comes with a megahash rate of 12.5 MH/s costing $499.99 for a 24 months worth of ethereun mining. It uses Ethash Mining Algorithm and features zero maintenance fees.

Radiant Medium (best buy)

This is the best plan according to users offered by genesis. This plan comes with a megahash rate of 25 MH/s costing $999.90 for a 24 months worth of ethereun mining. It uses Ethash Mining Algorithm and features no maintenance fees.

mining radiant medium
Photo Credit: genesis-mining.com/ethereum

Radiant Large (Professional)

This is the best plan for professionals offered by genesis. This plan comes with a megahash rate of 125 MH/s costing $4999 for a 24 months worth of ethereun mining. It uses Ethash Mining Algorithm and features zero maintenance fees.

Radiant Custom Plan

This plan is for users who would prefer to opt for a plan outside the other three plans offered by this transparent hosted hashpower provider. Subscribers can create a custom ethereum mining plan that best suits them. They will be charged according to the directed specifications.

Back to top

Why is Mining so Important?

To operate safely, cryptocurrency networks require processing power. Thousands of computers worldwide operate the world’s greatest blockchains.

importance mining
Photo Credit: genesis-mining.com

BTC and other cryptocurrencies, unlike conventional money, are created mathematically and stored digitally. Miners are individuals who willingly give their processing power to protect these cryptocurrency ecosystems.

Cryptocurrencies do not have a centralized government or any so-called “middlemen” who make decisions regarding the system’s destiny.

Also Read: What Is Wrapped Bitcoin?

What is the incentive for miners?

It all boils to trust, miners ensure the integrity of blockchains and they are compensated for their work.

incentive mining
Photo Credit: cleanpng.com

Miners evaluate and validate the operations of cryptocurrency ecosystems while also maintaining and securing their public transaction histories.

Back to top

Conclusion

If you are looking to mine crypocurrencies without the stress of having to setup your mining computer. Then you should definitely check out Genesis Mining. This cloud mining platform takes away the stress of mining crytocurriences from users.

Back to top

FAQs

Is Genesis Mining legit?

Genesis Mining is one of the most well-known world’s leading cloud mining companies. Most users regard them as reliable partner. They are a trustworthy cloud mining firm that displays their farms in public. Genesis Mining is a significant mining company who has shown to be a dependable and loyal business partner.

Is Genesis Mining still profitable?

Genesis Mining allows users to mine cryptocurrencies for gratis without having to buy or maintain hardware. Nevertheless, if you do a number of calculations, it looks like a lot of your Genesis Mining investment might be forfeited to your financial institution in a very long period of time.

What does Genesis mining do?

Genesis Mining is the world’s leading supplier of bitcoin mining operations and altcoin (other digital currencies) cloud mining. They are readily able to provide their user base with small, medium, and large mining offers. Multipooling tools enable the processing of altcoins into Bitcoins, which are then transferred into client wallets in customer accounts on a regular basis.

Can I get 1 bitcoin with bitcoin mining?

Instead of mining one Bitcoin, crypto miners can mine one block, with the payout fixed at 6.25 BTC for each block. It takes about ten minutes to mine one Bitcoin block. This implies that, in principle, mining 1 Bitcoin as a fraction of the 6.25 BTC payout will take only a few minutes.

Back to top

« Previous
Next »
ezekiel chew asiaforexmentor
About Ezekiel Chew

Ezekiel Chew the founder and head of training at Asia Forex Mentor isn’t your typical forex trainer. He is a recognized expert in the forex industry where he is frequently invited to speak at major forex events and trading panels. His insights into the live market are highly sought after by retail traders.

Ezekiel is considered as one of the top forex traders around who actually care about giving back to the community. He makes six figures a trade in his own trading and behind the scenes, Ezekiel trains the traders who work in banks, fund management companies and prop trading firms.

GET THE PROPRIETARY ONE CORE PROGRAM (The same system I use to make 6 figures a trade with)

Related articles

hive os
Hive OS: The Ultimate Mining Platform
Helium Mining Work
How Does Helium Mining Work?
What Are Gold Mining Stocks and How to Choose the Best Gold Stocks to Buy
What is Helium Miner?
What is Liquidity Mining?
Bitcoin For Dummies
Bitcoin For Dummies – The Ultimate Guide for Beginners

5 PART SYSTEM TO MAKE REALLY BIG MONEY IN TRADING

FREE TRAINING

We have generated over millions of dollars via trading with the 5 part system outlined in this free training. Download it now before this page comes down or when I decide to stop mentoring.







About Ezekiel Chew
About Ezekiel Chew

Ezekiel Chew the founder and head of training at Asia Forex Mentor isn’t your typical forex trainer. He is a recognized expert in the forex industry where he is frequently invited to speak at major forex events and trading panels. His insights into the live market are highly sought after by retail traders.

Ezekiel is considered as one of the top forex traders around who actually care about giving back to the community. He makes six figures a trade in his own trading and behind the scenes, Ezekiel trains the traders who work in banks, fund management companies and prop trading firms.

GET THE PROPRIETARY ONE CORE PROGRAM
(The same system I use to make 6 figures a trade with)

Categories
  • Trading Know Hows
  • Forex Trading Strategies
  • Price Action Trading
  • Forex Trading Indicators
  • Forex for Beginners
  • Crypto
  • Stocks
  • Money
Related Posts
  1. Hive OS: The Ultimate Mining Platform
  2. How Does Helium Mining Work?
  3. What Are Gold Mining Stocks and How to Choose the Best Gold Stocks to Buy
  4. What is Helium Miner?
  5. What is Liquidity Mining?
  6. Bitcoin For Dummies – The Ultimate Guide for Beginners

SERVICES

  • AFM Proprietary Forex Course
  • Golden Eye Group
  • Trade Rescue
  • Corporate Forex Training
  • Speak At Your Event

COMPANY

  • Who is Asia Forex Mentor
  • Asia Forex Mentor Reviews
  • Contact Us
  • Affiliate Program

RESOURCES

  • Forex Trading Strategies
  • Forex Blog
  • Forex Vlog
  • Download Trading Platform
  • Forex Position Size Calculator

6 Raffles Boulevard, #03-308, Singapore 039594
Whatsapp Text: +65 8786 8319

©2020 ASIA FOREX MENTOR. All Rights Reserved | Disclaimer – Terms of Use | Privacy Policy | Cookie Policy | Privacy Policy – Europe GDPR

  • English
  • French
  • German

Get Ezekiel Chew’s 5 Day Email Course on “How to be in the Top 10% league of Forex Traders”

100% Free – Delivered to your inbox

Subscribe to the most popular Forex Trading  blog online, join thousands of readers






Scroll to top