Services for mining. Genesis Mining

Here is the final part of a series of four articles devoted to the cloud services of mining. The fourth and final publication of the account dedicated resource Genesis Mining.
Owner and producer

Despite the fact that the article is the fourth in a series, this service is not the fourth in the "table of ranks". This is due to a number of fairly significant factors.
Firstly, the resource is owned by Spondoolies-Tech, an Israeli manufacturer of ASIC chips and equipment for mining, which is popular among miners around the world. And it is logical that a respected manufacturer founded in the adjacent, rapidly developing segment of the market - cloud Mining. And the more logical that its own production units were used for the construction of data centers and their content.
The equipment is placed in multiple data centers with a developed infrastructure. Separately, it should be noted the data center in Iceland - a country with geothermal energy, the use of which can significantly reduce electricity costs.
An interesting opportunity to see in real time what is happening in the premises of the data center, as on the company's website is available for web-broadcast. There you can see how the computing power were installed. Especially fun to watch, as the assembly of trusses made based graphics cards.

Using the service
Tinterface is minimalist life. By the way, there are some similarities with that considered in the previous article service Hashflare. However, it does not make sense to deal with those who have borrowed and that.

Until recently, users were offered a choice of two types of mining cloud. The first - on the SHA256 algorithm, to devices from Spondoolies-Tech. The second - the algorithm X11, on the cards. Ether extraction cryptocurrency dagger by the algorithm has been added to this month, based on the well-known scrypt.
Buying power is available on the "Raise Power" tab. purchases are managed using the intuitive "sliders". At the time of writing the maximum capacity of the algorithm is:
SHA256 - 200000 GH / s;
Ether - 500 MH / s;
X11 - 100 MH / s.
Note the fundamental difference cloud contracts:

Contracts for SHA256 «conditional lifetime." This term means that the production from the purchased capacities will be carried out as long as the profits from of mining will exceed the costs of operation.
Contracts for the X11 and Ether «net annual." No service fee will not be charged, and mining will last exactly one year from the date of purchase.

At the time of this writing, the payment order is proposed to carry out the following means of payment:
-Lending or debit card (USD);
-bank transfer (USD, EUR);
-kriptovalyuty (BTC, DASH, LTC, DOGE).
After selecting the required power and the means of payment, you can get acquainted with the terms of the contract, enter the promo code and confirm the order.

As a promotional code, you can use the code from the referral program of another user. However, knowing the dislike of the Russian-speaking segment kriptosoobschestva to the referral program, which gave a start to distrust of resources with such a program, Genesis Mining Guide created a special promotional code - bits-media. Entering this code provides a standard discount of 2.5% on the whole list of resource services, but does not accept any referral component.
The final operation is to transfer the required amount on the submitted details.

Power shall be credited to the balance immediately after receipt of payment. At the same time, in blokcheyne cryptocurrency selected for payment may be listed zero transaction confirmations. Despite this, the purchased power is already beginning to work.
Various means of payment is applied to the various features of the process of mining and further payments. Service is trying to protect themselves from fraud. For example, when paying for the order by credit card, payment will not be made within 30 days. This is due to the desire of the resource to insure themselves against the possibility of returning money through «chargeback». When paying cryptocurrency no restrictions exist.
At the moment, according to information from the resource administration is working on the introduction of new means of payment is more convenient to users, including popular in the countries of the former Soviet Union.
Features of the resource

Special mention deserves the power distribution system of the service. Access to this feature is done on the tab "Power Distribution".
Depending on the availability of certain types of capacities are encouraged to distribute them to various cryptocurrency. For example, SHA256 currently available except for Bitcoins and Unobtanium Zetacoin. With the intuitive pie charts, you can distribute the available power of currencies, in order to obtain a higher income, depending on the current profit cryptocurrency particular.
At the time of writing, the user is offered the following set cryptocurrency:

Accordingly, for each cryptocurrency must be installed purses, which will come funds received from of mining.

Not yet installed wallets, payment will not be made.
Statistics and background

For its users Genesis Mining provides a small but informative collection of statistical information.
The first - a graph of income for each contract type, located on the tab "main panel".

Unfortunately, the information content of the chart is doubtful because of the impossibility of selecting information cryptocurrency.
The second - a set of information on payments in the form of a table located on the tab "payments".

The following table provides detailed information on the payment, including the type cryptocurrency, the amount of the purse address and a link to the payment transaction.
conclusions

Resource Genesis Mining interesting enough many parameters.
Firstly, the administration towards users. For technical support inquiries to respond quickly. Head theme to support users in different forums. For example, Bits.media.
Secondly, its dynamic development: the constant revision of algorithms for mining cryptocurrency, the introduction of additional payment of funds.
And thirdly, the existence of "behind the back" of the resource as a senior fellow respected and reliable manufacturer of the equipment can be confident in the future and not to think about the sudden closure of the project.
Conclusion - the service is suitable for both beginners and advanced cloud Miner. They can and should enjoy. Do not forget about the presence of «bits-media» promotional code.
In this article of mine when the cloud of mining is completed. However, with the appearance of new and interesting resources may continue.