Latest News
Bitcoin Trades North Of $50,000 After Latest Gains Read
AR US
Frequently asked questions
Why are you not mining yourself?

Besides the fact that we ourselves mine with the very same hardware that we offer to our clients, our capital is limited. We believe that Bitcoin and Altcoin mining is one of the best ways to receive Cryptocurrencies, however, we do not want to “put all our eggs in one basket”.


what does 100% uptime guarantee?

It is always possible that mining hardware crashes slow down or completely breaks. In all these cases, our algorithms ensure that other miners are allocated to the relevant pools to fully compensate for possible hash power loss. This way our clients will not lose a second of mining time.


Where is your mining farm located?

For security reasons, we do not disclose the exact location of our mining farms. we are operating several mining farms in UAE where electricity cost and availability of cooling are important, but not the only criteria. See our Datacenters page for more information.


what coins can i mine with which algorithm?

You are able to mine Bitcoin and various altcoins directly via our mining allocation page*. The availability of cryptocurrencies you can mine depends on the contract you have chosen.

You must allocate your hash power in order to determine the cryptocurrency received for your mining output. If no allocation has been made, the mining output will default to the following for the given blockchain algorithm:

SHA-256 contract - Bitcoin
X11 contract - Dash
Ethash contract - Ethereum
CryptoNight contract - Monero/Monero Classic
Scrypt - Litecoin
Equihash - Zcash
(*) “Genesis Mining Advanced Allocation” (special feature):
It allows you to get mining outputs in many different coins even if they are not mined directly by a certain algorithm. For example, you can get mining outputs in BTC while mining with an X11 algorithm! That is possible by mining the DASH coin directly, which is then automatically swapped to BTC by our algorithmic framework. The Allocation function is designed for customers to receive delivery of their mining results in their preferred cryptocurrency. We call it “mining BTC the smart way”. The same technique is also used to get mining results in LTC with an SHA-256 contract, etc.


what are the expected returns?

Since third-party calculators are a popular way of estimating mining performance, we have set up a Performance estimation tutorial on how to make your own calculations, along with the general explanation about potential mining scenarios.

When evaluating the benefits, please keep in mind that mining, and using our service, are subject to a daily maintenance fee (if applicable to your mining plan) which must be deducted from the daily mining rewards.

The results of cryptocurrency mining highly depend on the price and the network difficulties of the given cryptocurrencies that you are mining. Neither of those can be predicted, so each customer must make an independent decision about the benefits of cryptocurrency mining and, in doing so, should consider the risks and their own circumstance when choosing whether to mine.


what is the maintenance fee?

Some of our products have a maintenance fee attached.

The maintenance fee covers all costs related to mining including:
electricity cost
cooling
maintenance work
hosting services
The fee is fixed in USD but deducted from the daily mining rewards in the natively mined coin on a daily basis. You will find the maintenance fee details of your chosen contract in the Terms of Service before the purchase.


how to add my wallets addresses?

In the menu “My Account” select “Settings” and then “Wallets”. Here you can set wallet addresses for each type of coin.

Important: Remember that you have to add a wallet for each coin selected in the “Mining Allocation” section


how i will receive my mining?

Mining outputs are generated daily, but you will receive your outputs only once they have accumulated to a certain quantity. These minimum mining outputs are set in order to avoid that customers pay excessive fees for receiving small amounts in their wallets. Please visit the “My Account - Settings - Wallets” section of your account for further details.


Why mining bitcoin is better than buying and holding?

When you buy bitcoin directly you pay an extra amount of money due to buying and selling situation and for example, if you’re going to buy one bitcoin for 30,000 and wait for a perfect jump - you can Mine and receive the same bitcoin for a very little amount of money.