Genesis Mining - 34% OFF New Prices for Altcoin Mining! Now 3.9 cents/kh/s!
Cloud mining company Genesis Mining has reduced their prices for Altcoin Mining Contract. We don't know when this took place as there was no official announcement on their corporate site or Facebook page.
The last time we checked their corporate site was when putting together our 3 months Genesis-Mining review on September 2nd 2014, so we assume the price change must have taken effect between September 3rd-5th.
It would be great if Genesis Mining could make these announcements on their Facebook page or corporate site, since they appear to be committed to transparency.
With their previous price list, which was announced on July 30th 2014, 100 MH/s cost 5,900USD (5.9 cents per kh/s), but now, on September 5th 2014, it's only 3,900USD (3.9 cents per kh/s) - a 34% discount from the previous price! - so this is great news for everyone interested in altcoin mining through Genesis Mining!
It seems like they discount their prices every 1-1.5 months by 30-50%. While this is not enough to keep up with the rising levels of difficulty in litecoin, there are many niche coins that Genesis Mining is able to mine that has a much milder rate of increase in difficulty.
If the price discount continues as it has done in the past, Genesis Mining should become an increasingly attractive option to mine niche up-and-coming altcoins.
-Price List as Announced on July 30th, 2014 (37% OFF from previous price)
-Price List as Announced on July 5th, 2014 (33% OFF from previous price)
-Price List Announced on May 16th, 2014 (50%OFF from previous price)