Genesis Mining Review: Is it a Scam or Legit? It currently owns mining farms located in Europe, America and Asia but exact locations peercoin mining calculator bitcoin not known to the general public due to security reasons. GM are the only two cloud mining companies we are even willing to write about. It is arguably the largest and most popular cloud mining provider for Bitcoin, Ethereum, and other coins.
Note that this does not mean Genesis Mining is profitable, but means that Genesis Mining honestly provides the services it offers. It is important to note that these mining contracts are life time contracts, meaning they do not have a maturity date and as long as the contract is profitable you will continue to mine and receive payouts. How Does Genesis Mining Work? Genesis Mining specializes in building the most efficient and reliable mining rigs that they offer to their clients for rent. All you need to do is set up an account with them to start mining.