Genesis Mining – Innovative Cloud Mining of Bitcoin and other Alt Coins

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.4 • 1K Ratings

🗓️ 24 January 2017

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Genesis Mining is the world's first, large scale multi-algorithm cloud mining service, meaning you can mine Bitcoin, Dash, and other alt coins simultaneously, or solely.
Marco Krohn, CFO and Co-founder of Genesis Mining talks about their innovative, and unheard-of mining solutions, such as the ability to dynamically switch the coin you're mining, based on which coin is most profitable to mine that day!
Marco talks about different sets of algorithms that are used for mining different crypto currencies. Being transparent about the economics of the business, he highlights various elements to consider, including the electricity cost, to the actual cost of the mining machines, the hash rates and so on.
Speaking of hardware, he compares the efficiency of CPU, GPU and Asic chip mining.
The future seems bright for miners of and crypto currency holders. Marco shares his success story in this podcast and you don't want to miss out on this.
Listen, subscribe, and review Future Tech Podcast. Contribute Bitcoin to fuel our interviews and keep us going!

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs.
0:07.9	Future Technologies are poised to transform our lives for better or worse for the focus of this podcast.
0:13.6	Almost here means these technologies are now here and starting to be used.
0:18.2	We're just around the corner.
0:19.7	From Bitcoin to artificial intelligence, 3D around the corner, from Bitcoin to artificial intelligence,
0:22.0	3D printing, blockchain, virtual reality, and more.
0:25.6	Hey, this is Richard Jacobs from Future Tech Podcasts, around the corner, almost here, technology.
0:31.9	Today I have Marco Crone, CFO and co-founder of Genesis Mining.
0:37.5	Marco, how you doing?
0:39.4	Hey, Rich. How are you? I'm wonderful.
0:42.1	I'm speaking from Germany right now, but I hear you are having a good time at the
0:48.4	BTC conference in Miami.
0:51.6	Yeah, just for listeners, I'm at BTC Miami.
0:54.0	I just met some of Marco's, I'm at BTC Miami.
0:58.3	I just met some of Marcos co-workers at Genesis Mining.
1:03.7	They have a booth, and very nice people got to talk to them, and very interesting so far.
1:10.5	And I pulled myself away from these speeches to interview you, so I'm looking forward to this.
1:11.5	This would be a good one, you know?
1:13.2	Thank you very much.
1:24.6	Yeah. Yeah. So, all right. First question. At Genesis mining, you guys mine Bitcoin and the other cryptocurrencies. Like, what's the general mission statement of your company?
1:31.7	So at Genesis mining, as you correctly said, we are a mining company or a cloud mining company, so we provide services around mining.
1:35.9	And the special feature actually of Genesis mining from the very beginning was that we
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Richard Jacobs, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Richard Jacobs and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.