Genesis Mining Announces Bitcoin Sha256 Cloud Mining Services Relaunch


Genesis Mining has recently announced on its blog that it would relaunch its Bitcoin Sha256 Cloud Mining services in the near future. While the service was not available, the company worked to improve its data centers and optimizing its efficiency, modernize their whole system (again, looking for efficiency) and solving IT and service requests.

The company is now during the final stages of solving all the issues that were in the way and most of the users that were not paid already have received the tokens. Because of this, the company is finally relaunching its services with cloud mining and states that it is determined to compete in the market and become of the greatest mining companies of the world.

 

Genesis Mining New Investments Plans

There are 3 different contracts that you can use to invest in this company:

Radiant Gold: $285 USD for 1,000 GH/s;

Radiant Platinum: $1,400 USD for 5,000 GH/s;

Radiant Diamond: $6,875 USD for 25,000 GH/s.

None of these plans will be available for American users, so be aware of this before trying to purchase any of them.

How Will The New Genesis Mining Program Work?

The new mining contracts will last for 5 years and will have a maintenance fee of 0.14 USD per TH/DAY. You will be able to mine with no pre-sale, Sha256 algorithm, reduced minimum transaction thresholds that will be determined by the user and even be able to mine Bitcoin Cash too.

This new mining program will use the GM Radiant technology, which enabled the company to reduce the mining fees and to make a more efficient service. This new tech uses more efficient electricity like improved PSUs and PDUs, has a new layout and a better cooling capacity. All of this will help the mining rigs to run at their best capacity and be able to earn more money.

Also, the company has improved its Genesis Hive function and its automation routines. The company states that this upgrade will be substantial and that it will enable the clients of the new Genesis Mining program to profit a lot more than they did before, which can make the company a more attractive investment for these people.

The New Genesis Mining Program Verdict

Cloud mining has some risks, but Genesis Mining seems committed to solve some of its earlier problems. Many people were not paid by the company when it shut its services down before, so go easy on this investment, as should already know that this is a company that you should not trust blindly.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide