Wow. What a year it’s been! 2016 was full of exciting news in the world of cryptocurrency: we’ve seen continued innovation amidst the blockchain; we’ve seen a steady growth of Bitcoin and increasing global acceptance of the currency; and of course, we’ve seen a growth of Genesis Mining in both our bitcoin farm hardware and customer base.
Our affiliate program has been renewed, rewritten, and revamped. We wanted to reward our affiliates, regardless of their size – whether you’re a marketing expert or a home blogger, you can strike it big with our new reward-tiers.
Take a moment to imagine the perfect currency – what traits would it have? Fungibility, for sure; portability, perhaps? It would need to be durable, divisible, decentralized. Immune to forgery and counterfeit with a predictable supply. Governments would have no sovereignty over it, and most importantly, it would be adaptable. The perfect currency still doesn’t exist, of course – but Bitcoin is not far off.
We have been working hard to improve the efficiency of our Zcash mining algorithm, and we are happy to announce that we are upgrading your hashpower by 30% for the fourth time! After providing three previous upgrades (300%, 200%, 25%); altogether we have upgraded our efficiency for you by almost +1000% with the latest upgrade.
Today at 09:00 PDT the Zcash Genesis Block was mined by the Zcash team as soon as the blockchain went live, we rolled out the protocol on our mining hardware. So far everything is going smoothly. We’re also happy to confirm for everyone who pre-ordered a 12(+1) month Zcash contract before launch that your mining hardware is directly joining the network as we speak.