General Overview
Genesis Mining is offering its new pre-sale mining plans for 2018. According to Genesis Mining, more than half of the available hash power has been sold out. This is an incredible starting point for the company. The demand keeps growing and the mining industry expanding.
Regarding the last pre-sale batch sold in September, has been live since November and the company is working on ramping up the next big batches.
Mining Starting Date and Prices
The mining start for this new pre-sale will be on February the 28th 2018.
Prices have been increasing due to different reasons. First, there is an increasing demand in the services that Genesis Mining offers. Second, hardware component manufacturers have been increasing their prices significantly because of higher demand. Third, as the demand can’t be covered by manufacturers, prices tend to increase because of the lack of equipment.
The company is doing the best in order to deliver the best possible prices. In addition to it, is working to keep the time of deployment as low as possible. Contracts stay open-ended with a maintenance fee of $0.00028 per GH per day.
Genesis Mining offers different cryptocurrency mining. Bitcoin, Dash, Litecoin, Monero and Zcash.
Bitcoin Mining Prices
Gold – Starter 1,000 GH/s it costs $179. It has a 4.89/5 rating based on 14485 reviews.
Platinum – Best Buy 5,000 GH/s it costs $845. It has a 4.85/5 rating based on 82 reviews.
Diamond – Max Profit 25,000 GH/s it costs $3975. It has a 4.89/5 rating based on 27 reviews.
There is also a Custom Plan where the user selects the desired amount of TH/s. For example, 5 TH/s cost $845.
The contract time is variable and determined by three factors: the mining difficulty, the Bitcoin vs USD exchange rates and the maintenance fee. While the mining difficulty and the Bitcoin price can’t be controlled, mining technology is always kept in the best possible level running at maximum capability for the users.
Dash Mining Prices
Gemini – Starter 5 MH/s it costs $30. It has 4.85/5 rating based on 639 reviews.
Ferox – Best Buy 100 MH/s it costs $500. It has 4.86/5 rating based on 1318 reviews.
Gravitation – Max Profit 500 MH/s it costs $2250. It has 4.84/5 rating based on 166 reviews.
There is also a Custom Plan where the user selects the desired amount of MH/s.
The contract time lasts 24 months and there is no maintenance fee applied for the whole contract time.
Ethereum Mining Prices
Small – Starter 1 MH/s it costs $29.99. It has 4.82/5 rating based on 2324 reviews.
Medium – Best Buy 30 MH/s it costs $869. It has 4.83/5 rating based on 6381 reviews.
Large – Max Profit 100 MH/s it costs $2799. It has 4.86/5 rating based on 1255 reviews.
There is also a Custom Plan where the user selects the desired amount of MH/s.
There are no maintenance fees applied for the whole contract time. The Ethereum Mining plan will run for a maximum of 24 months. Ethereum should switch to proof-of-stake before the end of the term. Genesis Mining will mine the most profitable coin with that hardware for the users.
Litecoin Mining Prices
Gold – Starter 2 MH/s it costs $28. It has 4.78/5 rating based on 73 reviews.
Platinum – Best Buy 50 MH/s it costs $650. It has 4.84/5 rating based on 64 reviews.
Diamond – Max Profit 200 MH/s it costs $2400. It has 4.87/5 rating based on 15 reviews.
There is also a Custom Plan where the user selects the desired amount of MH/s.
The contract time is 24 months and there is no maintenance fee applied for the whole contract time.
Monero Mining Price
Blaine – Starter 60 H/s it costs $49.99. It has 4.82/5 rating based on 877 reviews.
Dynamo – Best Buy 1000 H/s it costs $819. It has 4.82/5 rating based on 1329 reviews.
Houdini – Max Profit 3000 H/s it costs $2399. It has 4.86/5 rating based on 149 reviews.
There is also a Custom Plan where the user selects the desired amount of H/s. For example, 500 H/s cost $416.50.
The contract time is 24 months and there is no maintenance fee applied for the whole contract time.
Zcash Mining Price
Starter – Starter 25 H/s it costs $47.99. It has 4.85/5 rating based on 283 reviews.
Advanced – Best Buy 250 H/s it costs $459. It has 4.83/5 rating based on 499 reviews.
Professional – Max Profit 2500 H/s it costs $4399. It has 4.87/5 rating based on 119 reviews.
There is also a Custom Plan where the user selects the desired amount of H/s. For example, 250 H/s cost $459.
The contract time is 24 months and there is no maintenance fee applied for the whole contract time.
Genesis Mining – Conclusion
Genesis Mining comes again to us with an incredible opportunity to mine with them. New prices, new services and better hardware.
In case you would like to know more about the Genesis Mining visit its web page, or take a look at CoinStaker Genesis Mining (Ether) review.
- Cointipping and Why It’s on Its Way Out - Nov 7, 2019
- Bithoven Exchange Announces New Margin Trading Services For Users After Several Requests - Jul 11, 2019
- Binance Exchange Launches a New Fiat Crypto Exchange Called Binance Jersey - Jan 17, 2019
- VISA Acquires Ripple’s Partner Earthport After Closing a £198 Million Deal - Dec 29, 2018
- Report Says Cryptos Could Soon be Legalized in India - Dec 28, 2018
Genisis mining is fraudulent, I applied a irrisulent value of $ 120.00 in the Ethereum mining, already reached the minimum value for automatic payment, and the same did not pay, other than the small payments mining pillar that will be accumulated to the value minimum is missing several values of mining days, so concluding it is SCAM
I have done my own mining, set up servers, cooling, and data center space. Fixed the equipment when it failed and had to make sure it was online and secure from hackers. Genesis Mining is so much easier. I like how the chose Iceland as the Mining location with arctic air and thermal power. The interfaces are easy to use and the protection you from making dumb mistakes like too small of bitcoin deposits that eat up all your profits. Bottom line these guys are reputable, honest, transparent (twitter, email, portal screens) and efficient. Look no further than here if… Read more »
Genesis Mining is no scam and I have used it with great success.
I have been using Genesis Mining for a long time now and it is definitely not a scam. I have a few contracts that are running without any problems and my paymants are regular and on time.
It is a slow process but in the end for me it is very profitable so I can’t complain.
Genesis turned to be very reliable company on the mining market and I can say that for now I am satisfied with them and how they deal with this crisis on mining market so I hope this year will be even better.
I would always invest with Genesis Mining. They showed openness and transparency in these crisis. That is something I value when it comes to my money and time invested. I have upgraded my contract and until now it turned out to be quite good move. The payments are regular and on time and their customer service is just great. I really hope the whole mining industry will be back on tracks soon. I will be mining with GM still, though.
I also have to say that GM is definitely the safest place on the mining market to put your money in. I see and hear about so many people beeing scamed in some “mining companies” that now I feel very lucky I invested in Genesis when I first started mining.Also, you need to be a little patient if you want to see your profits rising to the point it is very high but if you do it will definitely be worth it.I am planing some new investments and it will be in Genesis since they really have my trust .
After exhausting market research, I invested in bitcoin market with Genesis Mining. The smartest move I have ever done. My contract is running and my payments are regular. Genesis Mining is definitely going places. It is not the biggest mining company for no reason. And one thing’s for sure – IT IS NOT A SCAM! We all experienced rocky start with mining in general, but GM stayed true to their customers and that’s why they gained my trust!