General

What is TronCoin?

TronCoin is an easy and safe way to purchase hashpower without having to deal with complex hardware and software setup. We are a team of mining experts with extensive knowledge of the digital currency sector. Genesis Mining specializes in building the most efficient and reliable mining rigs that we also offer for rent to our clients. Finally, our experts in cooling and maintenance of data centres are also an important part of our success.

How does it work?

It is quick and very easy! As soon as we receive your payment your contract will be added to your profile, and you can immediately start mining. Depending on your contract, you can either mine Bitcoin, DASH or Ethereum directly. It is also possible to trade your payments to other cryptocoins, and even choose a specific allocation for them. For example: 60% LTC, 20% BTC and 20% DOGE. The first payout reaches our clients wallets after 48 hours, and then a daily payout will follow.

Remark: Every day of mining will be processed and paid in the following 24 hours after the mining day is over.

Please refer to section “When do I get my payout?” for more details.

If it is profitable, then why are you not mining yourself?

Besides the fact that we ourselves mine with the very same hardware that we offer to our clients, our capital is limited. We believe that Bitcoin and altcoin mining is highly profitable, however, we do not want to “put all our eggs in one basket”.

Where is your mining farm located?

For security reasons, we do not disclose the exact location of our mining farms. As of April 2015, we are operating several mining farms that are located in Europe, America and Asia. Electricity cost and availability of cooling are important, but not the only criteria.

What coins can I mine?

You are able to mine Bitcoin and various altcoins. As of June 2016, we provide the following coins:

For SHA256 we offer: Bitcoin, Unobtanium, Bitcoin, Dark, Litecoin, Dash, Zetacoin and Darkcoin.

For X11 we offer: Dash, Startcoin, Bitcoin, Litecoin, Dogecoin, Bitcoin Dark, Peercoin and Namecoin.

For Ethereum we offer: Ether and Bitcoin

We add new coins to this list from time to time.

A special feature is the “Genesis Mining Advanced Autotrader”:
For example, it allows you to get the payouts in BTC while mining with a X11 algorithm! This is possible by automatically mining the most profitable X11 altcoins which are then automatically exchanged by our algorithmic trading framework to BTC. This is a very cost efficient way of mining different coins. We call it “mining BTC the smart way”.

The same technique is also used to mine LTC with a SHA256 contract.