Crypto Mining

in cryptocurrency •  7 years ago 

I have for a long time now been familiar with cryptocurrencies but am still inexperienced and have never actually bought any. Over the past few years i have been trying to learn more so as to build my confidence enough to be able to invest in cryptocurrencies, the drawback to this is that the price is continually going up as i learn and i feel as though i am being left behind, i have been familiar with the term mining but have never really understood it, yesterday i watched a video (see below) done by @trevonjb which goes inside of a mining operation in Iceland the companies name is Genesis Mining and is the largest cloud mining company there is.

It turns out that i have an account with them and have done for some time but have never actually used it, watching this video has given me confidence, enough confidence to actually start using Genesis Minings platform to begin mining, at the end of this month i will buy some "hashpower" and will log my progress on here.

Here is a link to the website: https://www.genesis-mining.com/

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Ok, this is all new to me maybe i will write something about this new information. Thanks @steemitboard

I'm getting more and more interested in mining. Thanks for the informative post.
Cheers from Switzerland.
Feel free to check my Guitar's Artwork, maybe you’ll like it! <3

Thanks troilo and will do.

i want to use genesis but shud i click daily for the maintenance?

I don't believe that would be necessary, however i will post any and all updates of the things i learn and keep you informed.

thanks i research too =D

Im right there with you. I knew about bitcoin but was still on the edge about investing and i lost out. It was 60 dollars a bitcoin then and my friends talked mme out of investing. If it had been easier to convert usd to bitcoins i would have done it but even today its hard to do. All the cryptos blew by me. Maybe steemit will redeem my losses. Lesson learned, dont listen to your friends that havent researched what you are talkig about

I can definitely relate i hear good things about Monero and Dash as well they are still cheap too.

Good luck with your mining 😀💰😀

Thanks vivacrownking ;)