The first month of a new cryptocurrency is always the most exciting; prices spike, blocks are mined, money is made. The cryptocurrency that made the headlines last month was Zcash – a coin that promised the anonymous transactions Bitcoin could not deliver.
1st Customer Survey Results
In October, we did our first ever customer survey, and we were thrilled with the results. It took us a little while to go through all the responses (there were over 2500!), but we wanted to share the most interesting points with you.
How Bitcoin, Gold and FIAT money compares
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.
…Read more
Black Friday Sale + 5th Zcash Hashpower Upgrade
Black Friday and Cyber Monday are right around the corner so we wanted to let you know that we will be doing a sale from 12:00AM UTC on Friday 25th November all the way through Cyber Monday 28th November (12:00AM UTC Tuesday). During the sale all Genesis Mining products will be 5% off!
4th Zcash Mining Efficiency Upgrade
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.