After a long period of offering exclusively scrypt hashpower, Genesis Mining launched its new sha256 mining contracts in the beginning of

September and became the World’s first large scale multi-algorithm cloud mining service.

The launch was followed by a complete restructuring of the company’s pricing mechanism: instead of yearly contracts, Genesis Mining now sells hashpower for an entire lifetime.

The company goes even further by challenging the whole market with prices that are well below the industry’s current level. Marco Streng, CEO of Genesis Mining says:

“Thanks to our hardware manufacturing partners we were able to bring the prices down to the absolute rock bottom in this industry. Customers are now able to purchase 1 MH/s for only 14.99 USD. We are happy to offer this opportunity to the mining community!”

Genesis Mining puts a big emphasis on keeping old customers happy; therefore, an upgrade will follow like it has various times in the past. Clients who purchased yearly contracts will automatically be upgraded to lifetime conditions, and when their contractual year ends, they will keep on mining undisturbed. The CEO of Genesis Mining adds:

“Where we are now and where we are going to be in the future – it all depends on our customers! Every single devoted customer who supported us from the start made this possible and we will never forget that. You can be sure that this is just the beginning and many more benefits are to follow. Thank you!”

The features that make GM truly unique among competitors remain the same of course. The clean and intuitive User Interface will stay unchanged and keep serving a unique experience of controlling the cloud based rigs at home and allocating hashpower among different coins. By showing their mining farms to the public, Genesis Mining has proven multiple times that there is indeed hardware behind the scene.