Trust is a major issue in the Bitcoin cloud mining industry. Every few months, a new scam company implodes, stealing the money of their customers and in return, damaging the entire industry by creating resentment, uncertainty, and anger.
For those in the Bitcoin community, you likely saw the cyber war erupt on the popular Bitcoin subreddit. Users went into an uproar when several posts were removed that mentioned bitcoinXT (a potential Bitcoin client that allows larger blocks) and users cried foul that the subreddit was being censored.
We are proud to announce our new smart mining management software, Genesis Hive!
We have been quietly developing this system since the early start of our business and we are using it with great success to build and maintain our own mining farms. Our monitoring tool is everything we hoped it would be. Having it is what enables us to run and expand our mining operation. We are constantly improving Genesis Hive, preparing today’s large scale bitcoin miners for tomorrow’s needs in the world of mining.
Trying to stay informed about bitcoin news? There is a lot to keep up with! Whatever your interest level is, and however you like to consume media, there are hundreds of ways to stay in the loop. Here are our top 10 favorite sites:
This week we made our way to the Movenpick Hotel in Zurich for Bitcoin 2014.
Our co-founder Marco Krohn joined the mining panel to discuss the state of alt coins and what we can antiplate for the future.