Just over 5 years ago, our co-founder and CEO Marco Streng setup his first mining rig in his college dorm room. A few months later, Genesis Mining was born and we haven’t looked back since. …Read more
As many of you are aware, there was a fork in the Monero code, referred to as V0.12.0 “Lithium Luna” on April 6th. As thus, the original CryptoNight algorithm (now referred to as CryptoNightV0) was altered to, among other things, neutralize all ASIC hardware mining the original Monero blockchain. The new mining algorithm is now referred to as “CryptoNightV1”.
Hello Miners! We want to give you a more detailed look at the Ethereum payout situation and why some Ethereum Mining users are having trouble receiving their daily mining shares.
One of the most interesting things about the Ethereum Blockchain, is that its core software allows developers to create Smart Contracts which are run in computers around the world. And just like your tablet, smartphone or laptop need to be updated every once in awhile, so does the Ethereum software.
We are sorry for the delayed payouts that you experienced in the last two weeks. The reason is that we were required to rebuild our server infrastructure after a security breach that happened two weeks ago. The mining operation itself is not (and never was) affected by this. That said, we are conducting another bulk payment today (7th of August), covering all three previous mining days (4th, 5th & 6th of August). They should pop up in your wallet shortly.