a scam or paying? offers you a smart and easy way to invest your money.Their solution is suitable for those who are new to the world of crypto currencies, as well as for cryptocurrency experts and large-scale investors. is a strong force in cryptocurrency mining.The company is as old as the birth of Bitcoins and other digital currencies so it is likely that they were probably in operation before the arrival of several other cloud mining sites. is a safe place to buy some mining power. is officially known as Genesis Mining Limited.The company is located Chinachem Century Tower, 31/F, 178 Gloucester Road, Wanchai Hong Kong. is an easy-to-use website.It is free of malware and harmless to your computer and internet devises.The flags on the website are not an indication of the countries that are allowed on the site.Instead, they represent the languages that you can switch to for a better understanding of their packages assuming you are not comfortable with the English Language.Genesis-mining prides itself in having the best technology for mining different kinds of cryptocurrencies.

They have also gathered the best brains in digital currencies; they have the best engineers, programmers, economic analysts and many more.This is actually why they have continued to grow for the past three years.I love the variety that Genesis provides.After investing some funds in bitcoins, I still have a choice to mine coins like Litecoin, Dogecoin and other altcoins without doing any of the work myself.Unlike many stock markets out there, you are more likely to receive daily payments on Genesis-mining.As soon as you make your first deposit, the managers take your funds and channel it to their mining farm to multiply it.There are just few businesses that can give you profits as soon as you start them up.Genesis has one of the easiest account set-up templates.There are only three fields to fill: your email address, password and password verification.Once you are done with this, you become a share holder of this successful cryptocurrency mining company.No need to scan any document or send an ID card to prove your citizenship of any particular country.Genesis-Mining is very realistic when it comes to their packages and pricing.

For sure, I know they are not like the other HYIPs that will make you build your castles in the air.Their prices are not the cheapest but I think they are the most reliable.They release shares based on what they need at each moment so purchasing a plan today with them does not guarantee that you will buy the same tomorrow.I think this is to ensure that they can clearly account for what they get from investors and also use them wisely to the benefit of everyone.With 30 USD, you can purchase a lifetime Bitcoin plan of 200 GH/S.The lifetime plan means that as long as the investment is profitable, you will always be qualified for daily payout with the deduction of some maintenance fees.The Platinum Plan is another lifetime option but this one costs 350 USD for 2500 GH/S.Diamond lifetime plan goes for 1950 USD with a capacity of 15000 GH/S.Each of these plans has an average rating of approximately five stars from thousands of reviewers.Bitcoin: it’s at a crucially important crossroads; it’s approaching a crisis that threatens its very existence; it has never been more likely to erupt into enormous global importance.

It is all those things at once, of course, as usual.I only wish I was joking.If you’re dumb enough to judge Bitcoin purely by its exchange rate, you might be fooled into thinking it has entered a period of remarkable stability, hovering around US$225 through all of 2015.But actually quite a lot has happened in the last few months.Let’s itemize a few of those things: A controversial change to the Bitcoin protocol is under discussion, and some in the field are prophesying utter disaster in the not-too-distant future if it does not happen.bitcoin candlestickI mean the mooted increase in Bitcoin’s block size.bitcoin atm brazilA brief recap: Bitcoin is built upon a decentralized data structure known as the blockchain.bitcoin price drop october

A “block” is a group of hundreds of verified transactions; each block points to its predecessor, hence “blockchain.” At present, the block size is capped at 1 megabyte, which effectively limits Bitcoin to (roughly) 7 transactions per second, worldwide.If the network hits its maximum rate, it is argued that the cryptocurrency equivalent of a nuclear meltdown could well ensue.And yet, increasing the blocksize is a contentious issue in the Bitcoin community — because many of the “miners,” the entities who verify Bitcoin transactions (and are paid in Bitcoin for doing so) may well suffer from this change.bitcoin miner egyptThis in turn has raised the larger issue of Bitcoin governance, and/or the lack thereof.ethereum worth more than bitcoinSee this post in Michael Casey’s excellent Wall Street Journal cryptocurrency column BitBeat for further details.ethereum keeps going up

Previously mysterious (and extremely well-funded) Bitcoin startup 21 unveiled its plans for world domination.I expected Andreessen Horowitz partner Balaji Srinivasan to do something audacious with his $116 million startup, and I wasn’t disappointed.His objective: to put “a bitcoin miner in every hand.” 21 is developing custom Bitcoin mining chips, with the expectation that they’ll be included in next-generation devices from servers to phones.bitcoin lawyer toronto“We believe that embedded mining will ultimately establish bitcoin as a fundamental system resource on par with CPU, bandwidth, hard drive space, and RAM,” he writes.bitcoin zahlen österreichThat’s nothing if not audacious.bitcoin esquema…But this audacity has been met with a considerable amount of skepticism: The economics of 21 chip adoption.

The diseconomy of scale & centralization seem huge issues.https://t.co/SoUEcRWd7Y — Startup L. Jackson (@StartupLJackson) May 19, 2015 and not without reason.Bitcoin mining is power-intensive, which makes it a dubious feature for mobile devices.Srinivasan writes: “Embedded mining means that any device can authenticate itself to the network by sending one Satoshi to a specified address,” but a quirk of the standard Bitcoin protocol implementation means that, at least at the moment, such transactions will probably not be processed.And it’s worth noting that this model is apparently a pivot from 21.co’s original business model, after “the company ended up running up against the difficulty of making money in the cut-throat business of Bitcoin mining.” Still, there’s a lot to celebrate here.Bitcoin believers talk excitedly, if vaguely, about the limitless, because ill-defined, possibilities of “machine-to-machine micro-transactions.” (I’m not being dismissive: I’m vaguely excited about those possibilities too.)

But until 21’s announcement it was always unclear how we actually got to a world in which millions of devices actually had Bitcoin at their disposal for … whatever they might transact.(You might be thinking: couldn’t you just mine at a central hub with cheap electricity, and distribute cryptocurrency to your devices using software wallets instead of hardware mining chips?But mining is a far more resilient and decentralized means of distributing a regular trickle of currency to an arbitrary number of devices — especially if you could construct autonomous mining pools that don’t require any central hub.)Someone finally launched the first Bitcoin app with universal appeal.For years people have been waiting for a Bitcoin app whose use is apparent even to nonbelievers.One has finally arisen, and, of course, it is absurdly simple — that sound you hear is that of a thousand Bitcoin developers smacking themselves on the forehead while chanting “Why didn’t I think of that?” In the wake of Meerkat and Periscope, I give you Streamium: “Stream Live Video And Get Paid.” Just provide the address of any Bitcoin wallet, and voila, you can charge anyone in the world to watch, without having to deal with PayPal or a bank or credit-card verification or, well, any middlemen at all.

Will most people ever do this?But most people will understand the appeal of this, and be able to envision a hypothetical situation where it might be handy, eg remote tutoring, or suddenly finding oneself on-scene at a major breaking news event.No esoteric technical knowledge required.(It’s probably not a coincidence that Streamium comes from Argentina, the nation where Bitcoin has enjoyed the closest thing to mainstream acceptance it’s seen anywhere so far.)Wall Street is dipping its toes into Bitcoin’s waters.The New York Stock Exchange has launched a Bitcoin Index.The NASDAQ has announced plans to “leverage blockchain technology.” Goldman Sachs joined a $50 million funding round for Bitcoin startup Circle.Votes of confidence, all.But at the same time… Bitcoin mining remains Bitcoin’s chief anchor and primary headache.I am no cryptocurrency Pollyanna.Bitcoin faces an uncertain future, and several potential disasters; and what these have in common is Bitcoin mining.For bitcoin fans, the whole point is not to have to rely on incentives.

Otherwise it's just a lesser known CitiBank.— Jonathan Zittrain (@zittrain) May 20, 2015 Mining is quite surreal, if you think about it.To some extent, like Wikipedia, “it doesn’t work in theory, it only works in practice.” Scattered datacenters around the world are packed full of racks of custom-built chips, working furiously to perform quadrillions of Hashcash calculations every second, to maintain the Bitcoin network — in exchange for regular payouts of newly minted cryptocurrency.As a result, Bitcoin is continuing to navigate between the Scylla of overly centralized mining and the Charybdis of miners blocking important protocol evolution.This makes mining sound like Bitcoin’s Achilles heel, but (pardon the now extremely mixed classical metaphor) it’s actually Bitcoin’s Achilles; its hero with a fatal flaw.Mining is Bitcoin’s fundamental engine.It what makes the network so computationally powerful.Mining incentives are what caused the Bitcoin network to grow from a deeply weird software experiment running on a single computer to a massive global network of cryptocurrency whose values is measured billions of dollars.