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Genesis mining ethereum

Genesis Mining Ether Contracts See Explosion in ROI

Bitcoin PR Buzz
by Bitcoin PR Buzz
8 years ago
·
Posted in Altcoin News, Altcoins, Bitcoin Businesses, Bitcoin PR Buzz, Blockchain, Companies, Mining, News, News teaser
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Genesis Mining reports that the profitability on their Ether cloud mining contracts is soaring amid rising Ether prices in recent weeks.

Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services.

Genesis Mining’s Bullish Sentiments Paying Off

Genesis miningLaunched in December 2015, the Genesis’ Ether mining contracts are seeing “rapid ROI,” as the number of Ether contract holders rises above 130,000.

Commenting on the launch of the cloud mining contracts last December, Genesis Mining stated:

“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.”

Genesis’ bullish sentiments towards Ethereum seems to be paying off for their customers. Ether miners have the skyrocketing market price to thank for their super-charged profitability. Six months ago, the Ether price sat at $0.89 USD. As of press time, the crypto-token is now at $12 USD, rising by 1,350 percent in the last 180 days alone.

The company’s CEO Marco Streng is pleased with the growing profitability of the Ether cloud mining contracts. “Being the only cloud mining company in the industry to offer Ether is giving our customers a tremendous advantage,” Streng says. “Right now, Ether is buzzing and the value is rapidly increasing. This makes the perfect opportunity for those looking to enter into a new investment class and we are pleased to be the only source for miners to do it.”

For a limited time, Genesis is offering a 5% discount on all annual Ether cloud mining contracts. Users can take advantage of this discount by using the code “Ethereum5” at checkout. This promotion expires on Saturday, March 19 at midnight CET.

About Genesis Mining

Genesis Mining was founded at the end of 2013. They got to know each other by using the same platform for buying and selling Bitcoins. As our company and its user base grew, new mining farms were built up and several additional people hired, specifically programmers and engineers.

The current members of our team come from different scientific disciplines, but our common faith in cryptocurrencies has brought us together. We are all strong believers in the future of digital currencies and we love being part of this growing community!

About Bitcoin PR Buzz:

Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.


Images courtesy of Bitcoin Update, Genesis Mining.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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