Genesis Mining promotes themself to be the market-leading service provider for Cloud Mining of Crypto Currencies. At the end of 2013, Genesis Mining was founded by the Germans Marco Streng and Dr. Marco Krohn.
Genesis Mining is a typical cloud mining vendor: buying "Hashpower" to own or rent a part of a mining infrastructure which mines Bitcoin or other Altcoins. In the standard product for Bitcoin Mining, the Hashpower is not rented but purchased for lifetime. However, Genesis Mining requires a fee for running the infrastructure, which is automatically deducted from the generated coins.
Genesis Mining runs big data centers in Iceland.
