Genesis Mining, who began its first Ether Cloud Mining contracts last December, has announced a successful ROI for customers who have chosen this new option. The prominent Cloud Mining provider, which boasts over 130,000 active customers, has stated that customers have benefited from the increase in Ether price over the past 6 months, which has risen by 1350% to $12 in the past 180 days alone.
The company stated: “Due to our large-scale GPU mining activities we are glad to offer significant parts of our farms for Ether mining in the cloud. Users can therefore benefit from our economy of scale and our geothermal-powered and optimized GPU mining rigs in Iceland. We are bullish on Ethereum and look forward to giving our customers the chance to profit from this exciting innovation and also support the network.”
The majority of Genesis Mining operations are focused on bitcoin; however, the push into Ether demonstrates the company’s efforts to embrace the innovation of new products and services to increase ROI for their customers.
Genesis Mining CEO and Co-Founder, Marco Streng stated: “Being the only cloud mining company in the industry to offer Ether is giving our customers a tremendous advantage. Right now, Ether is buzzing and the value is rapidly increasing. This makes the perfect opportunity for those looking to enter into a new investment class and we are pleased to be the only source for miners to do it.”
To celebrate the recent success of Ether, Genesis Mining is offering a limited time discount on all annual contracts of 5%, which can accessed be entering the code “Ethereum5” at the checkout. This offer will expire on 19th March at midnight CET.