Having been involved in Bitcoin for several years, Marco Streng, Marco Krohn and Jakov Dolic have watched cloud mining companies come and go.They realized that there was a huge opportunity in the market, offering a legitimate and trusted cloud mining service.Two years ago, they launched Genesis Mining.The Hong Kong-based company is one of the fastest growing Bitcoin companies in the world, proudly serving over 180,000 active daily customers, up 80% since December 2015.They offer hosted hashpower for cryptocurrency mining, where clients can choose to exclusively mine a coin, such as bitcoin, or distribute hashpower across various alternatives such as Ether, Litecoin, and Dash.Mining is the process of making computer hardware do mathematical calculations, confirming transactions and increasing security on distributed networks.As a reward for their services, miners earn transaction fees and newly created coins.The more hash power under a miners control, the more rewards they earn, and Genesis operates several mining farms in Europe, America and Asia.

“When we first launched, we made it our goal to truly dedicate ourselves to our customers,” the CEO and Co-Founder of Genesis, Marco Streng, explains.“While we come up with innovate ideas on our own, many of the new services and products we launch come straight from our customers.We’ve made it a habit to listen to what they want then build products and services to cater to them.” The company launched Genesis Hive last July, a web interface that enables users to easily setup, watch, and manage mining operations.“During our time building and maintaining mining farms we have had to cope with many factors that made running a Bitcoin mining farm a huge resource consuming situation.Having oversite and being in control is fundamental to maximizing profits,” says Streng.- Marco Streng, Genesis Mining CEO and Co-Founder Late last year the company introduced Ethereum Cloud Mining.Ether is the currency powering the Ethereum platform, which was launched in July 2015.The new protocol has received strong community and professional support since being announced.

The first sale of Ether raised over US$15 million, and the asset now has a total market cap of nearly US$700 million.The launch couldn’t have been timed better, Ether was below a dollar when the service launched, it’s just under $9 today.The rapid growth provided Genesis with a flood of new customers, and the customer growth continues.Early last month, the team launched the world's first bitcoin mining fund, dedicated to investing into a range of Bitcoin-related businesses.The Logos Fund is a private, pooled investment fund with a minimum investment of US$25,000."Bitcoin opens up an entire world of opportunities.We are just now starting to realize how impactful this will be," said Streng.Genesis is the Logos Fund's main investment partner, as well as the initial provider of bitcoin mining services.The company will not only provide the mining hardware, but also to provide the expertise and infrastructure the company has acquired.Streng and his team often re-iterate three core goals, listen to customers, be a part of the community, and build trust.

The team at Genesis Mining go to great lengths to remain transparent.Streng and his team often attend conferences, join podcasts and host webinars.what causes bitcoin to dropEarly last year the team launched #ExploreBitcoin, with one goal in mind, “Increase Bitcoin awareness.” The campaign put adds on taxis, spinner signs, and billboards across the US.bitcoin co tojestAfter watching the vice news documentary “Life Inside a Bitcoin Mine,” which went on to receive over 1,000,000 views, the team came up with a bitcoin mining first.bitcoin price in cnyCountless community members found the video, and were shocked to see what the inside of a Bitcoin mine looked like.bayern 2 bitcoin

Last August, the team set up three cameras in the companies flagship mine, located in Iceland.bitcoin silk road“These just reflect a very tiny portion of the farms we have but we believe it’s a fun and exciting process and love the idea of being able to show the community what it’s really like unedited and in real time!,” Streng said at the time.bitcoin nvidia atiThe company also sponsored the iPhone game, SaruTobi.bitcoins gratis jugando“After becoming players ourselves, we found it nearly impossible not to become involved in one of the most exciting Bitcoin apps that has been released,” the team stated.cambiar bitcoin por dineroThe apps revenue, which is generated from in-store purchases, sponsors and donations, is put into a shared Bitcoin wallet.bitcoin calculator org

The funds are then distributed to players in Bitcoin tips.Genesis provided 15,000 GH/s in mining power, which went directly into the Bitcoin pot.To celebrate the two year anniversary of launching, Genesis Mining is happy to offer a 5% discount code to all customers, valid until April 12th, 11:59 PM GMT.To receive a 5% discount on Bitcoin, Ethereum and Scrypt cloud mining, simply enter discount code HappyBirthdayGM16 at checkout.Cloud mining provider, Genesis Mining, is expanding its mining operations with the launch of Ether Cloud Mining contracts.For the first time, customers of Genesis Mining will be able to mine for Ether, the fuel that powers the Ethereum network.“Our customers asked and we listened.Due to our large-scale GPU mining activities we are glad to offer significant parts of our farms for Ether mining in the cloud.Users can therefore benefit from our economy of scale and our geothermal-powered and optimized GPU mining rigs in Iceland.We are bullish on Ethereum and look forward to giving our customers the chance to profit from this exciting innovation and also support the network,” Marco Streng, CEO of Genesis Mining, said in a statement.

To some, Ethereum is considered Bitcoin v2.0.It was developed by Vitalik Buterin in 2013 and has since gone on to raise more than $15 million to allow participants to create and execute smart contracts.A smart contract is a protocol that can execute the rules found in a contract without the need for human intervention.“Our GPU mining farms are mining X11 and Ethereum.We are expanding them continuously, and since we are selling Ethereum in the cloud now, we are ramping up more Ethereum mining capacity,” Streng said in an interview with Bitcoin Magazine.Genesis Mining already had a farm of GPU miners — which are inefficient at mining bitcoin — because it offers X11 mining.Since so many users were interested in Ethereum, the company chose to divert resources to the task of mining Ether.This move has no impact on its bitcoin mining farm."More miners on the network definitely helps increase the network security.It’s great to see operations organizations such as Genesis take an interest in supporting Ethereum,” said Vitalik Burterin in an interview with Bitcoin Magazine.