Genesis Mining launches Genesis Hive

FinTech | July 17, 2015 By:

Genesis Mining announced the launched of Genesis Hive, a new web interface that will enable digital currency miners to gain greater control of their bitcoin and altcoin mining operations.

“A couple of years ago, no one could have dreamed of thousands of devices mining bitcoin in a single location, and there was no software to handle a setup of this size,” Genesis Mining CEO and co-founder Marco Streng.

Genesis Hive is currently being offered to large-scale miners at a rate that varies based on the number of mining units connected to the service each month. The new software is also expected to be made available to medium and small-sized firms at a later, to-be-determined date.

Genesis Mining is a company that sells bitcoin mining contracts and is currently one of the largest cloud mining companies in the world.