Genesis Mining has announced that it is updating its one year X11 contracts to be available for two years. With new hardware has led to an increase in efficiency, X11 ASIC contracts were put out by Genesis Mining as soon as possible and chose to be conservative in its lifetime estimation.
Following testing of a larger batch of X11 ASIC over a longer period of time Genesis Mining has made the decision that it can upgrade all of the ASIC X11 clients from one year to two year contracts, with the electricity cost for the second year being free of charge.
Due to this, and the fact that the X11 contracts are reportedly selling faster than any other contract it has launched, Genesis Mining expects to be fully sold out once again in the upcoming days. Earlier this year X11 -based cryptocurrency mining reportedly ran out of contracts and only recently came back on offer.