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Building a Cryptocurrency Mining Farm / Genesis Mining #EvolveWithUs - The Series Episode 2

692 ratings | 129958 views
Iceland - May 2017. On behalf of Genesis Mining, Head of Operations Philip Salter explains the challenges of building a cryptocurrency mining farm! Check out our website for more exclusive content here: https://goo.gl/Ak1YqT Don't forget to subscribe to our Youtube channel. A new episode to be released every week! #EvolveWithUs #GenesisMining #Ethereum #Monero #Zcash Follow us: YouTube - http://www.youtube.com/Genesismining_... Facebook - https://www.facebook.com/GenesisMining Twitter (Global) - https://www.twitter.com/GenesisMining Twitter (Japan) - https://twitter.com/GenesisMiningJP Twitter (South Korea) - https://twitter.com/GenesisMiningKR Instagram - http://www.instagram.com/Genesisminin... VK (Rusia) - https://vk.com/genesisminingrus Medium - https://medium.com/@genesismining
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Text Comments (51)
DJ Moses (9 months ago)
The Game has changed! :D
Julius Kona (10 months ago)
How much money can you with all that tech
vinay Missi (1 year ago)
Szneky (1 year ago)
pls send to me 1 miner rig pls
ThanksMia (1 year ago)
because of this mofos the mining difficuty is to the roof before talking about how hard scaling is talk about how hard is doing a platine youreself or disign a gpu youreself the only way i got gpu´s were used or death ones i backed and mining farms destroy the whole market to make money on crypto, they sometines shipping more gpu than a store even have mofos farms
BlockChainDP (1 year ago)
Amazing, every video is a new lesson, thanks for share :)
Valumin (1 year ago)
I'd find it satisfying to work on their cable management xD
how to start mining...please tell me fully... how can i get profit.??? tell me details please... thank you...
Cheng Wei (1 year ago)
damd boy this is next level
You GameR (1 year ago)
What kind of GPU Is Genisis Mining using?
Vasu Raju (1 year ago)
When did u start Bitcoin minning and other coins
Rick Deckard (1 year ago)
lol excellent explanation
Ersin Ozgenc (1 year ago)
how can we partner up mate, I have ton of computers running and almost paying noting for electricity ;)
Jorge Avella (1 year ago)
I do not see by any side, the help to the client, I do not understand this situation, if you provide a service, I need to reopen who can help me with that please? can you contact me and help me thanks
eerereps (1 year ago)
3:06 I don't know what actually happened, but I can imagine that hell! LoL!
DeadlyVenomKing (1 year ago)
How u daisy chain them
well done gentlemen+women. make sure you are making this ecological and sustainable ;)
Crypto Action (1 year ago)
whats your scale for the next year? @genesismining
yoman8232 (1 year ago)
Stupid question, when are contracts coming back?
Alex Moorhouse (1 year ago)
Any chance of getting a parts list?
I think Genesis Mining is very great mining company.
MrBrooxy (1 year ago)
Its like he has an english australian accent but something else mixed in and im not sure what maybe a bit of icelandic
256 Ox (1 year ago)
Please add the Arabic translation
It's easy. Google Translation)
Thorpe Ogle (1 year ago)
How do I join you guys?
Hakuna Matata (1 year ago)
I waiting until november to begins my mining process here, hope have a prosper relationship with genesis mining like many other users... in my city there are also quite friends waiting for new contracts or to see how my investment works because in my country is too hard try to manage your own equipment but anyway I believe that miner in one of the future professions in this century...
technical parvez (1 year ago)
job vacancy available
BootlegFilly7 (1 year ago)
What graphics cards are those?!? Ha sirprised you guys don't use antminers
Adam Williams (1 year ago)
Cool, super glad you were able to sort out what sounds like were a BILLION problems you ran into AFTER taking everyone's money. At least you are actually making payouts to your customers unlike some others. Bring back SHA256! I got 5 on it... "Pacta sunt servanda"
Khan Khan (1 year ago)
Will BTC Mining Contract r coming back or not plz any one tell if yes then how much time he will be taken,..
nofal albert (1 year ago)
genesis mining very very incredible
MelioraCogito (1 year ago)
It would really be awesome if you were able to get the sha256 contracts you sold in September up and producing hash-rates _before_ the end of October... Like tomorrow would be _TOTALLY AWESOME!_ But I can wait til the 15th if necessary... ;D ... but alas.. _T minus 30 days and counting..._
Obey Dore (1 year ago)
shut up give me Sha-256 and take my money !!
SHA-256!!!!! and Litecoin Please!!! :D
OX Thunder (1 year ago)
When are the sha256 contracts coming back. I've been saving up a lot of money to get my first time concert. And great video👍
joyisaware (1 year ago)
Love you guys, thanks for showing us how its done . with china considering to ban mining, iceland is a safe place to invest. May Genisis flourish abundantly ^_''
Joey Barrelwilde (1 year ago)
This is a very informative video, showing that Genesis uses their on designs for the graphics cards, and equipment which means they are custom, and patented, and trademarked by Genesis. They have a massive mining operation. My 3% off Genesis Mining code: lbLK8h
Joey Barrelwilde (1 year ago)
Whenever Bitcoin, or Litecoin mining returns, I will use your code for an upgrade in the low 100's dollar range. Only 2 others have used my code before. I'm silver in the affiliate ranking.
MelioraCogito (1 year ago)
_"Custom?"_ ... Perhaps. _"Patented and trademarked?"_ ...Not likely. Use my affiliate code: 5xF30O ... and I'll use yours.
CRAFT TGTV (1 year ago)
guys i want to become a miner but i dont know any thing about cryptocurrency can you please help me and tell me how to start mining on genesis mining ,
CRAFT TGTV (1 year ago)
thanks really apreciate
CRAFT TGTV (1 year ago)
thanks really apreciate
MelioraCogito (1 year ago)
1. Get a wallet - I recommend Exodus because it's a multi-coin wallet where you can store bitcoins, ethereum, litecoin, monero and a dozen other popular cryptocurrencies. ( https://www.exodus.io/ ). Once you're able to afford it, get a hardware (USB) wallet and store it in a secure fireproof safe. You can also view comparisons of the various wallets available here: https://www.cryptocompare.com/wallets/#/overview 2. Goto Genesis Mining ( https://www.genesis-mining.com/ ) and create an account. Login and buy hash-power... it's that simple. You can make purchase's by credit card (NOTE all purchases will be in US dollars, so if your own national currency isn't USD, expect exchange fees). If you use my affiliate promo code: *5xF30O* ... you will get 3% off your purchase (you'll also get your own code when you create your account to pass on to others when they buy contracts at your behest so that you too will earn a small percentage of the hash-rate they purchase). When you get your code, pass it on to me and I'll use yours next time I make a contract purchase. Sadly there are currently only *Zcash* (Equihash), *Ethereum* (Ethash) and *Monero* (Cryptonite) 2-year mining contracts available (once the 2-year contract is concluded, you will have to repurchase contracts or let them lapse). The availability of contracts are based upon the availability of hardware at the site. As demand increases, Genesis buys more hardware to fill the contract orders they have. *Bitcoin* (sha256) contracts may be available in the near future, but beware, the last time they were available in early Sept., they sold out in three days, so you need to move fast if you want any. Before you buy any contracts regardless of what they are, make sure they're profitable by reviewing their profitability using a _mining profitability calculator_ ( here: http://tinyurl.com/y7p674ka here: http://tinyurl.com/yczg79mr or here: http://tinyurl.com/y8fyxdwq ). Input the necessary information paying particular attention to the hash-rate your purchasing: mega-hash per second (MH/s), giga-hash per second (GH/s) and tera-hash per second (TH/s). In all cases your power/electricity costs are zero (included in your purchase), but your "hardware costs" are your contract costs. NOTE also that Genesis charges (if memory serves me) a 0.0028$US/day maintenance fee. Also pay close attention to the duration of your break-even date (in comparison to your contract end date) – only the CoinWarz (second tinyurl link above) mining calculator gives you this information. A lot to absorb... Good luck. Cheers!
Sneaky Fish5 (1 year ago)
Go to their website and sign up. After you do that just simply purchase hashpower buy clicking the “buy hashpower” button. Make sure you have an address filled out in the settings page for your chosen contract.
Bamboe (1 year ago)
CRAFT-E3 GAME Make an account and buy hashpower? wtf
Jonas Gotta (1 year ago)
Hey :) is there a date when sha256 is available again?
hidayet yakut (1 year ago)
I love genesis 😍😎
Pickpacktravel (1 year ago)
Love there's faces to the company hence why I have invested a lot of money into you guys!! Team Genesis all the way!
byEliteHacks (1 year ago)
Mikołaj Kowalski (1 year ago)
Please give sha-256 power!!
MihaiH (1 year ago)
This is a nice video, keep up the good work ! I would also like to join your community or even work there ! I am also into cryptocurrency.

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