Genesis Mining
Technology, Information and Internet51-200 Employees
Genesis Mining is a technology company focused on cloud-based cryptocurrency mining for Bitcoin and other coins. It provides clients with mining contracts in varying sizes, enabling participation in mining activities without owning or operating hardware. The firm uses multipool techniques to convert mined altcoins into Bitcoin, with daily transfers to customer wallets. Mining operations commence promptly after contract signing. Based in Iceland, the company operates in the technology, information and internet sector and serves both individual and institutional participants seeking exposure to crypto mining. In early 2022 it expanded its facilities to Texas, United States, aiming to rely on sustainable infrastructure and energy sourced from the Electric Reliability Council of Texas (ERCOT).