Genesis Mining Bitcoin Contracts Open!

in #bitcoin7 years ago (edited)

Hi everyone. This article will cover the new limited time Genesis Mining BTC contracts that are available for purchase now. Bitcoin cloud mining is a booming industry/service with millions of dollars pouring in and out. Genesis Mining has been known for its great contracts and lifetime mining.

If you'd like to sign up for the contracts, please go over to Genesis Mining, and if you'd like 3% off your purchase, feel free to use the code KbPC3M at checkout!

Bitcoin Cloud Mining Contracts

First, let's look over the contracts that have opened:


There are three set contracts and one custom contract which you can self-configure, but we'll be going over these three. One of the first things to notice is that this is open-ended (lifetime) mining. This means that there's no set end to the mining; it'll continue forever as long as it's profitable, meaning as long as the revenue from mining is greater than Genesis Mining's maintenance fees.

The second thing is that these are pre-sale contracts. Generally, these contracts are very limited and go out really fast due to extended demand. I highly recommend you get in on them ASAP. Because of the limited capacity and high demand, their estimated lunch is at the end of October, and there are no refunds.


The current maintenance fee is around $0.00028 daily per GH/s you buy. For example, if you buy their $30 200GH/s contract, you can expect to pay about six cents daily for maintenance, however the payouts generally will greatly exceed this fee. Remember that if the payouts start to go under the fee, the mining will be terminated, but unless that happens it's lifetime mining!

Hashflare, another mining provider, recently announced a change to all lifetime contracts making them one-year. Genesis still supports lifetime contracts and has a lot of customers/demand, so I strongly believe in their services.

Buying hashpower from Genesis is as simple as signing up at https://genesis-mining.com, choosing your plan, and checking out. Remember that if you want a 3% discount on any plan, use the code KbPC3M!

If you liked this post, be sure to upvote/resteem/follow :)

Thanks for reading,
@mooncryption

sources: All images are from Genesis Mining's website.

note: All figures and screenshots were taken on September 5th, 5:30pm PST. At this time, the contracts shown were available for purchase, but by the time you see this post they may already be sold out. If they're available, act fast! :)

note two: All links to Genesis Mining are referral links. The code I gave does give you 3% off on Genesis Mining, but is a referral code. This does no harm to you, and doesn't change anything. Simply, it lets Genesis know that I was the person who told you about their services.

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I just added 1.5 T/H. Use my code to share the love: ZPOfLh and get 3% off your order!

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Some of it is really cool!

Not that good of a deal, you get ripped off with Cloud mining in general.

In the short-term it'll be a loss, but with Genesis over about 4-5 months you should start reaping huge profits (for the lowest price plan). Some fake cloud mining sites exist that are actually scams; Genesis is an actual service though and actually mines.

thanks for making this and have a good day

Sure. If you want to help out (and get a 3% discount on Genesis), you can use my code KbPC3M; it gives me a bit more hashpower and gives you 3% off :)

Just go over to Genesis, use the above code, and reap the rewards!

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