Whois & Analysis for genesis-mining.com

Cloud Mining is the process of bitcoin mining utilizing a remote datacenter with shared processing power.

This type of mining allows users to mine bitcoins or alternative cryptocurrencies without having to manage their own hardware.

Since Cloud Mining is provided as a service there is generally some cost and this can result in lower returns for the miner.

There are many cloud mining scams.

The bitcoin network is a peer-to-peer payment network that operates on a cryptographic protocol.

Users send and receive bitcoins, the units of currency, by broadcasting digitally signed messages to the network using bitcoin wallet software.

Transactions are recorded into a distributed, replicated public database known as the blockchain, with consensus achieved by a proof-of-work system called "mining".

The protocol was designed in 2008 and released in 2009 as open source software by "Satoshi Nakamoto", the name or pseudonym of the original developer/developer group.

A currency (from, "in circulation", from) in the most specific use of the word refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins.

A more general definition is that a currency is a system of money (monetary units) in common use, especially in a nation.

Under this definition, US dollars, British pounds, Australian dollars, and European euros are examples of currency.

These various currencies are recognized stores of value and are traded between nations in foreign exchange markets, which determine the relative values of the different currencies.

Currencies in this sense are defined by governments, and each type has limited boundaries of acceptance.

Genesis are an English rock band formed at Charterhouse School, Godalming, Surrey in 1967.

The most commercially successful and long-lasting line-up includes keyboardist Tony Banks, bassist/guitarist Mike Rutherford and drummer/singer Phil Collins.

Other important members were the original lead singer Peter Gabriel and guitarist Steve Hackett.

The band underwent many changes in musical style over its career, from folk music to progressive rock in the 1970s, before moving towards pop at the end of the decade.

They have sold 21.5 million RIAA-certified albums in the US and their worldwide sales are estimated to be between 100 million and 150 million.