We would like to emphasize that except for having a similar name, we have no relationship with Genesis Global Trading aka. “Genesis”, nor any connections even to its parent company, Digital Currency Group.

Genesis Group, including Genesis Mining has NOT engaged in a joint venture, partnership or any other form of business relationship with Genesis Global Trading.

Genesis Group has no ties to Genesis Global Trading, neither to their trading entity, nor to their lending division. We are a completely different entity, and our sole focus is building large-scale mining data centers and mining Bitcoin.

We are devastated to witness all that has unfolded following the collapse of FTX, and we hope no more companies are affected by it. This is a bleak moment for our industry. However, we might all find some consolation in that the fundamental promise of Bitcoin hasn’t changed a bit.

Please be aware that:

• The only way to purchase from us is via our official website.
• We are currently not onboarding new customers.
• We are currently not selling any type of mining hash power.
• We will never ask you to send money to any address for any reason. If someone asks you to do this, they are trying to scam you and should be ignored.
• Our customer service will NEVER initiate a dialogue with you out of the platform, and only if you message them first via the customer service portal.
• We do not employ any sales agents that pro-actively chat you up with any type of private message platforms or on social media.
• We do NOT offer an iOS / Android app.
• You should always be suspicious if a merchant asks you on Whatsapp, Telegram or other not-so-formal platforms for payment
  

How can YOU make sure something like this doesn’t happen to you? Remember:

• You can only purchase from us through our official website www.genesis-mining.com. We would never ask you to send us any coins or payment via any other platform.
• genes-mining.com, and any other variations are FAKE, so always check if it’s the right spelling, the right letters, and in the right order!
• Genesis Mining does not have any “agents” on any social media platform
• The only official way to contact us is via our Customer Support team (or contact@genesis-mining.com) , or via an official email address ending with @genesis-mining.com
• Our job listings are hosted on genesis-group.com or via some official head hunter agencies. But just to make sure, always ask us if it is real via contact@genesis-mining.com

• We list all our official Social Media channels on our website. You can find them at the bottom of each page, under Follow Us. Do not sign up with, follow, or like any channels that are not listed there, and do not send DM’s to anyone. Be wary of fake accounts that look similar to us!

But as soon as I mentioned this fact, it quickly became the focus of the story which then spread across dozens of media outlets including Business Insider, Quartz, and many more.

For us, chartering these planes was just part of us doing our job — mining crypto with the highest efficiency possible. We didn’t think it was a big deal because for us, it was an obvious move. If shipping by sea took weeks and a plane took 12 hours, the obvious choice was to ship by plane.

That’s because in crypto mining, every second counts.

The Biggest Lesson Learned Over Six Years of Mining Crypto 

We’ve been mining now since 2013. My first miner was set up in my college dorm room. Today, we have 12 data centers across six countries. Our crypto mining operations are spread across three divisions — cloud mining which makes up roughly 20% of our business, managed farms for institutional clients, and self-mining farms that mine and hold our own crypto. When we started building our large-scale farms, there was no playbook and no how-to guide. It was all trial and error.

But very early on, it became clear what mattered most: time. Every minute a miner is down or every week a miner sits in a cargo ship, it costs money and most importantly, opportunity. This is the most important aspect of crypto mining. Mining requires much more than low cost electricity and computing hardware. It requires expertise and deep understanding of how to maximize every second the miners are running.  As we scaled our mining farms, it quickly became clear that the non-purpose built software for managing data centers was not going to work. So we began developing our own software to manage our farms.

For the past six years, we’ve invested millions of dollars and have had dozens of developers and engineers collectively spend thousands of hours working on perfecting our crypto mining farm management software. This software has been the backbone of Genesis Mining and has played a key role in providing us a competitive edge as we’ve scaled all divisions of our business across the globe.

Introducing Hexa

Today, we’re excited to announce Hexa, our enterprise-grade crypto mining farm management software. This software combines everything we’ve learned over our six years of building, managing, and scaling crypto mining farms. The internal software we’ve developed for internal use will now be available to others. Our new all-in-one software provides large-scale crypto miners with the following:

Rapid Deployment: Hexa is designed to make the deployment of large-scale farms as quick and painless as possible. It automatically detects all machines and adds them to the system. This allows you to mirror the real-world as closely as possible and manage your maintenance personnel and decrease your operational costs.

Farm Configuration: With Hexa, miners are automatically configured as soon as they come online, ensuring that mining begins instantly. Without this feature you would first deploy the miners physically and in a second stage configure mining pools.This saves time and money by automating as much as possible. Hexa is built to support Hosting Operations including advanced customer and configuration management. It’s firmware agnostic, ensuring you don’t get stuck in “Vendor Lock” or forcing you to use any specific firmware. It also supports any firmware and miner type on-demand so that you can experiment with what brings you the most efficiency.

Real-Time Monitoring: Hexa enables you to keep a pulse on your operational data in real-time. You can check on the status of any miner or use heatmaps to make informed decisions about your maintenance process. Smart notifications alert you when there is an issue. It also includes a flagging feature which enables maintenance personnel to quickly identify and fix the critical issues.

Advanced Reporting: Hexa has its own dedicated block explorer so you can know exactly how much is being generated. It keeps historical logs of each and every miner so you can see real-time information and also analyze performance over time. For example, you can use this feature to see how the day/night cycle or winter/summer temperatures affect your operation’s performance. You can also easily create detailed reports of your OPEX and CAPEX that allow you to make key decisions to reduce your overall costs.

Hexa represents everything we wish existed as we’ve built our mining operations over the years. To find out more about Hexa, click HERE.

Powering the Future of Crypto Mining 

The launch of Hexa is exciting for us because it represents another step towards our mission: bring as many people as possible into the crypto mining ecosystem.

We know how hard and complicated crypto mining is and our belief is that by making this software more accessible to the growing ecosystem of crypto miners, we create a more level playing field that will encourage more miners to enter.

In the same way Tesla infamously made their patents available to competitors with Elon Musk’s All Our Patent Are Belong To You post, we feel the same. By making our technology more accessible to other crypto miners — in the long run, we all benefit from seeing the crypto ecosystem grow.

Article originally published on LinkedIn, 29th June, 2020

Hear stories from experts in the cryptocurrency field, thought leaders on the future of money, investment experts on crypto in the marketplace, or crypto fans bantering and having a little fun. There’s something on this list for everyone.

Hash Power

http://investorfieldguide.com/hashpower/

Hash Power is a three-part intro to crypto series within the podcast Invest Like the Best, hosted by Patrick O’Shaughnessy. The series brings in different voices from around the crypto industry to teach the basics of blockchain and cryptocurrency, including what a blockchain is, aspects of decentralization, what blockchain technology can do, and how cryptocurrency works.

Why we like it: Three hours gets you a beginner’s crash course in crypto.

The Bitcoin Podcast Network

http://thebitcoinpodcast.com/

The Bitcoin Podcast Network is multiple shows in one. Start with What the Header for an intro to Bitcoin, tune in to the Bitcoin Podcast and Hashing It Out for interviews and roundtable discussion, and check out Dose of Ether for market news about Ethereum. The hosts come from the tech world, robotics, computer science, and business, and their conversations are fun and enlightening to listen to.

Why we like it: With its many shows and many hosts, there’s something for everyone.

The Bad Crypto Podcast

https://badcryptopodcast.com/

Hosts Joel Comm and Travis Wright are having fun — you can tell from their banter. But more importantly, their podcast looks at cryptocurrency in the world around us: mentions in the news, uses in the music world, political figures who work with cryptocurrency, and other ways that cryptocurrency and blockchain are entering the mainstream.

Why we like it: By taking a look at its role in culture, they’re making crypto accessible to newbies.

TraderCobb

If you’re interested in the daily updates of a cryptocurrency investor, tune in to TraderCobb. Craig Cobb, an experienced investor in stocks, commodities, and bonds, tells listeners about what crypto is in the market, what price it is, the day’s movements, and what trades he made. Episodes are only five to ten minutes long, and are uploaded every day.

Why we like it: Get inside the brain of a professional crypto trader.

Unchained and Unconfirmed

https://unchainedpodcast.com

Journalist Laura Shin hosts two podcasts devoted to the cryptocurrency and blockchain world. On Unchained, the “no hype resource for all things crypto,” Shin brings on guests to discuss aspects of the crypto world, including the history of money, yield farming, safety, and more. On Unconfirmed, Shin gets crypto and blockchain industry leaders’ thoughts on current events, news, and rumors.

Why we like it: Shin’s approach to tapping into thought leader experience is unique.

Crypto 101

https://crypto101podcast.com/

Crypto 101 explores the world of cryptocurrency trading, investing, and application in the business and tech world. Hosts Bryce Paul and Aaron Malone come from the world of data mining and business development, so know how to dig into topics with the people they interview. But don’t think this is entry-level stuff; despite the “101” in the title, this podcast is for the experienced.

Why we like it: The hosts ask great questions, and their guests give great stories from the field.

Epicenter

https://epicenter.tv/

One of the oldest podcasts on our list, Epicenter started in 2014, and devotes itself to the more technical aspects and application of cryptocurrency and blockchain. Weekly interviews with industry experts have included conversations on smart contracts, decentralized insurance, global economics, protocols, mining, regulation blockchain ethics, hedge fund investing, and more. And our founder Marco Streng was recently a guest!

Why we like it: Since it’s been around for so long, it’s a tried and true podcast in the space.

What Bitcoin Did

https://www.whatbitcoindid.com/podcast

Host Peter McCormack covers not just crypto, but all things specifically Bitcoin in his podcast, started in 2017. Episodes cover topics as simple as Bitcoin 101 to as in-depth as discussions around upcoming changes in protocols, and as diverse as journalistic coverage of Bitcoin, implications for the cannabis industry, Bitcoin and racial injustice, and economic philosophy.

Why we like it: It’s a look at all things Bitcoin, for beginners and pros.

Crypto Voices

https://cryptovoices.com/

Hosts Matthew Mežinskis from Eastern Europe and Fernando Ulrich from Brazil bring a distinctly global perspective to this podcast, providing interviews and news discussion around topics such as capitalism in Switzerland, fintech in Asia, and regulatory environments in Scandinavia. They get academic as well, inviting researchers on the show to talk economic theory, history, and application.

Why we like it: Crypto affects global economies, so it’s good to hear from global voices.

Bitcoin Audible

https://anchor.fm/thecryptoconomy

The premise of this podcast is simple: Host Guy Swann reads you pieces of writing and comments on them. Writing selections range from recent articles on Bitcoin in the news, to denser theoretical papers, to excerpts from novels, to Satoshi Nakamoto’s white paper that founded Bitcoin. Throughout, Swann defines terms, gives context, and tells why this piece of writing is important.

Why we like it: It’s a new way to do podcasting, and exposes us to good writing too.

 Podcasts can be found at the links above, or through your favorite podcast app.

For example, the CPU in the computer this article was written on reaches around 0.25Mhash per second while mining Ethereum. This means the CPU can try out 250.000 different hash values per second. While mining at this rate, the CPU uses 35 Watt per hour in electrical energy. While this might sound impressive, a consumer graphics card can make around 25.000.000 guesses per second (25 Mhash/s), while utilizing only 120 Watt. In other words, the GPU outperforms the CPU in terms of efficiency by a factor of over 30! As a result, mining on a CPU will cost you much more in electricity than you will earn in Crypto. For this reason, we are only going to talk about GPUs and ASICs in this article.

The GPU

 
The GPU was originally designed to aid the CPU displaying graphic output. While a CPU usually consists of two or four cores, a typical modern GPU has hundreds of smaller cores, which are ideal for parallel tasks.

A GPU is therefore, by design, much more efficient than a CPU when working on tasks that can easily be parallelized – not just mining, but also rendering videos and image recognition. While in comparison to a CPU a GPU might seem not very versatile, it is highly adaptable in terms of cryptocurrencies. There are thousands of cryptocurrencies that can be mined efficiently on GPUs. A GPU gives you maximum flexibility while still being efficient.

The ASIC

 
As the name indicates, an ASIC or application-specific integrated circuit is not necessarily related to mining – it’s a circuit that was designed to do only one task. ASICs can be found in many daily appliances, such as the timer on a microwave oven or the remote for your garage. ASICs are utilized where a specific task needs to be done as cheaply as possible. Mining Bitcoin is essentially plugging numbers into a calculation, over and over, until a certain solution has been found.
 

This algorithm is relatively easily implemented in a hardware setup and today all commercial Bitcoin mining is done with ASICs. But even within ASICs utilized for Bitcoin mining, there are vast differences between each generation and in this case, the ASICs greatest strength (efficiency) is also its greatest weakness. Each new generation makes such a comparably huge step in efficiency that after one or two generations, old mining hardware first becomes inefficient, then worthless. And while a comparably inefficient GPU can still power a gaming PC, an ASIC can only mine Bitcoin. Once the energy costs surpass the mining profits, the ASIC serves no purpose anymore. Unless, of course, you are in need of a ten pound aluminum door stopper.
 
Some cryptocurrencies also have actively tried miners to stop using ASICs. Ethereum, for example, has proven itself to be very resistant to ASICs and its founder Vitalik Buterin is optimistic that things are going to stay this way. Another prominent example is Monero whose developers implemented code to specifically make already existing ASIC-hardware worthless. As a result of this action, Genesis upgraded all existing contracts who were utilizing ASICS free of charge to GPUs.

The most important reason for communities to reject ASICs is decentralization. Many people already have a GPU in their computer and therefore can help keeping the network decentralized. While some developers argue that an ASIC is a very specific investment that puts much power into the hands of the ASIC manufacturer and parties wealthy enough to purchase large quantities of such hardware, others think that ASICs actually strengthen a network. If specialized hardware is utilized, things like 51%-attacks with leased cloud-based GPUs become much more difficult and inefficient.

Get The Most Bang For Your Buck

 
Ultimately, the mining algorithm a coin utilizes dictates which technology makes the most sense. In case of Bitcoin and its SHA-256 algorithm, ASICs are the way to go, while Monero will stay exclusive to GPUs for probably a long time. But things are not always as simple. Although there are already ASICs available for Ethereum, its Ethash algorithm is so well optimized for GPUs that ASICs are only marginally more efficient while costing much more initially.

Choosing the right mining hardware can be a difficult – but it doesn’t have to be. Genesis is dedicated to offer you the best solution for your needs and our approach goes far beyond just the newest and best in hardware.
 
Efficient mining is dependent on many factors and our Radiant technology ensures you get the best bang for your buck, from mining software over hardware to the most suitable location. If you want the latest and best in ASIC-technology, take a look at our Bitcoin mining contracts. If you prefer flexibility and decentralization, check out our brand new GPU mining contracts.

Understanding Transactions

In order to understand 51%-attacks, one needs to understand how transactions within the Bitcoin network and other, similar networks are processed. If Alice wants to send 1 BTC to her friend Bob, she has to broadcast a transaction to the Bitcoin network, stating, “Hey, this is Alice, I want to send 1 BTC to Bob. Signed, Alice.” — All miners in the network will then receive this information. In order for the funds to show up in Bob’s wallet, the transaction needs to be processed, or in other words, get included into the blockchain. After receiving Alice’s broadcast, every miner is going to check whether she has enough funds in her wallet to spend 1 BTC. After successfully verifying this, all miners that have received Alice’s broadcast will include her transaction into their next block.
 

As you might know, mining is a race. The first miner to find the correct solution for a hash puzzle earns the right to attach his block to the blockchain. As hash puzzles are random by design, the person to try out the largest number of different input values in the shortest amount of time is also most likely to find a correct solution first. In other words, a person controlling 1% of all processing power should statistically be the first to find a correct solution every 100th block.

The Double Spend

As there are miners spread all around the world, not all the information is available to all actors at all times. As a result, Alice could try to play the system.
 

One possibility is a so-called double spend attack. Alice could broadcast two transactions at the same time, with the first transaction sending 1 BTC to Bob and the second one sending the exact same funds to a wallet she owns herself. After doing so, she shows Bob only the transaction hash for the first broadcast, proving that she broadcasted the transaction. But different miners might receive those two transactions at different times, with each miner successfully verifying the transaction they received first and dismissing the “bad” second one – “bad” because Alice’s wallet is lacking funds to carry out the second transaction. Before the first lucky miner finds the correct solution and can attach his block to the blockchain, it is unclear whether the first or the second transaction is going to be processed.
 

Under normal conditions, simply waiting for the first confirmation by a miner usually effectively prevents this attack – after the confirmation Bob should know exactly which transaction was included and which was not.

New transaction on the block

Sometimes however, two different miners find two different solutions at the same time and both gain the right to attach their block to the existing blockchain. Now the system is in a limbo – there are two valid states of the network. The block on one end of the chain might include the first one of Alice’s broadcasts, the block on the other end of the chain the second one. Depending on their location, some miners in the network are now going to build on top of the first end and some are going to start building on top of the second end. Only after a miner attaches an additional block to either end, the situation is cleared up, as future miners will always attach their blocks to the longer end of the chain. The shorter end is abandoned and the network is going to ignore the transactions it contains.
 

This is also the reason why so many sites accepting cryptocurrencies wait for a certain number of blocks (usually between 6 and 20) before accepting funds in order to ensure they are always on the longer end of the chain. As the longest end of a chain usually contains the most transactions, it is considered the main chain. The main chain is the generally accepted version of the ledger.

The 51%-Attack

In our next scenario, Alice owns 51% of all processing power within the Bitcoin Network. Alice now sends 1 BTC to an exchange. After doing so, she waits for the mandatory 10 confirmations required by the exchange and swaps her funds for another currency. Following, Alice transfers back the funds in the new currency from the exchange to a wallet she owns.
 

Now she starts a so-called side chain by mining on top of the last block in the Bitcoin blockchain before the block that included her first transfer to the exchange. In her own version, Alice now excludes the transactions where she originally sent the money to the exchange. As Alice owns 51% of all processing power, statistically she is going to catch up at some point with the main chain. Once her end of the chain is longer, other miners are going to build on top of Alice’s chain, therefore abandoning the end including the transaction sending 1 BTC to the exchange. These funds now appear back in her own wallet and vanish from the exchange’s wallet.
 

For the most time, 51% percent attacks have been a theoretical problem. Sure, some malicious multi-billionaire could attempt to buy all available GPUs or ASICs and start attacking Bitcoin – but thanks to the sheer size of the Bitcoin network it is highly unlikely that a single miner could come even close to a relevant percentage in terms of processing power.
 

Another much more practical attack angle are mining pools. These pools concentrate large amounts of processing power and have control over what transactions are included into the blocks. However, massive opportunity costs, as well as the immediate exit of the vast majority of honest users would be deadly for any pool trying to execute such an attack. The Bitcoin community also keeps a close eye on the size of the largest pools and makes an effort to keep single pools from growing too large.

Smaller Coin, Larger Risk

While Bitcoin and Ethereum offer good protection against 51%-attacks due to the size of their networks, several smaller coins have fallen victim to successful 51%-attacks over the past few months. In order to process transactions, many smaller cryptocurrencies rely on similar hash puzzles such as Bitcoin and Ethereum do. Often, the same mining hardware used for Bitcoin or Ethereum is capable of also mining smaller coins. As a result, even a relatively insignificant miner according to Bitcoin’s standards could successfully execute a 51%-attack on a smaller network, which utilizes the same Proof-of-Work algorithm.
 

51% attacks on smaller coins are a real problem that cannot be ignored anymore. New coins need to put systems in place to make such attacks much harder to execute. Proposed mechanisms include switching partially or completely from Proof-of-Work to Proof-of-Stake, requiring more validations or closely monitoring the network with counter-measures in place. One such measure could for example be the dismissal of side-chains only including a relatively small number of transactions compared to the main chain.

Our Policy: “Be a good crypto citizen”

Genesis Mining is a big player in the mining market – and with great power comes great responsibility. While we do not publish a list of the mining pools we are using, we choose our pools on three main criteria: reliability, fee structure and reject rate. To preserve the decentralized nature of crypto networks, we are always using at least two different pools per coin, sometimes even up to four. Once a pool approaches the 50% mark, we switch to a backup pool. By combining all these measures we are aiming to preserve the original mission of Bitcoin and other cryptocurrencies – reliable and decentralized transactions.

Introducing: GM Radiant

What is Radiant Technology?

“Radiant” represents the technology that makes us the market leader, and it also marks the beginning of an exciting chapter.
 
As we grow larger and larger and we design our data centers with more foresight and knowledge about the mining business, we are able to make improvements to our data center design that drastically decrease need for manual labor. To achieve the best performing mining system, our team carefully broke down every component that goes into mining:
 

• Data center facilities
• Location
• Supply chain
• Miners and power units
• Cooling systems and
• our Farm Management Solution (Genesis Hive)

From there, we reimagined what the perfect mining solution would look like, and finally, after thousands of man-hours, the solution was ready. We achieved:
 

• Best suited miner design
  Most GM Radiant miners are self designed. They were produced for maximum efficiency and to fit our specific needs regarding handling and maintenance. Also, their performance was tweaked beyond limits that are known on the market, thanks to our world class hardware designers.
   
• Better maintenance efficiency through automation features of Hive.
  Our self developed monitoring system Genesis Hive has matured to become an all-in-one software for miner deployment, maintenance and administration. It is a state of the art tool that enables automation to the point where the only human interaction needed inside our data centers is replacement of damaged or otherwise faulty hardware.
   
• Perfectly matched data center
  A perfect monitoring system would not bring much without a perfectly built up data center. Every detail is aligned between building and software. Besides perfect matching, our team has carefully planned and built every single inch of the facility to allow for maximum capacity.
   
• Temperature control and airflow automation
  Automatically controlled temperature control systems and more efficient airflow management cut down power costs significantly. We design our data centers layout in a way so that thermodynamics do their job and we have as little cost as possible with cooling.
   

All the above exist in a delicate ecosystem, and they all contribute to making the other more efficient. It’s a system where everything is interconnected. In short, it’s GM Radiant.
 
 
So how do You benefit from Radiant Technology?
All the above-detailed improvements that GM Radiant enables, serve the purpose of reducing power and labor costs, which then lead to the reduction in the costs of mining.
Let’s look at the numbers.
 
To you, the benefit is that you can mine with the cheapest hashpower on the market, and the maintenance fee you are paying is half of what it used to be.
 
To see which contracts we offer with GM Radiant, take a look at our pricing page. Grab your hashpower now, our offers are limited!

To the moon!

– Your Genesis Mining Team

• The most competitive price in the market – Our product development team ensures that you get the best price/hash option in the market. We compared the alternatives and we are certain that we have the lowest price per Mh/s.
   
• Radiant Technology – This is our most important competitive advantage. No other hashpower provider in the industry has been able to come up with better mining optimization. Read more about GM Radiant here!
   
• Instant mining – Once you purchased your contract and we receive your payment, mining starts immediately.
   
• Low maintenance fee – The daily maintenance fee is only $ 0.000029 per MH/s!
   
• 2 year runtime – You are mining for 24 months in total!
   

If you are a Dash advocate head over to our Pricing Page and get your hashpower today! As the cost structure of this contract is very attractive, we expect X11 mining to be sold out quickly. First come, first serve!

 
Happy Mining!
The Genesis Mining Team

In order to serve EOS, we will need your help by voting for us as a block producer! With your votes, we can provide a reliable and save node for the EOS mainnet. In this post you will find two possible ways of voting for us as a block producer.
Please note that there we do not offer anything as compensation for your vote as per the EOS constitution, except the promise that we will do the utmost to deliver the promises we have made in our application. We believe it is extremely important that vote buying is prohibited to ensure the democratic coin-voting process is honoured to the fullest extend.

Recap of our Candidacy

We believe that blockchain technology will improve the world. We want to become a core driver of this technology, enabling everyone to participate. Becoming a EOS block producer is a step for us in this direction. Our vision is to contribute to the increasing individual sovereignty of EOS, all the while decreasing social inequality by fostering the social potential of EOS. We can only achieve this by running the nodes required for the ecosystem to function.

Our datacenters for this purpose are located in Sweden and Iceland. They are secure, extremely well connected and we have the resources and know-how to scale them up if the need arises. We promise to always provide the best hardware for this task.

You can read our full application here.

Current State of EOS Launch

On the 10th of June, 2018, the mainnet of EOS was successfully launched. This puts us in the voting phase, which is currently open. Up until now (12–06–2018), roughly 5% of the votes are in. The threshold for the block producers to take over the mainnet is at 15%.

You can see an overview of the voting process here.

Your Options

Our main priority is to make sure that your EOS tokens are safe. Therefore we have prepared a guide on how you can safely vote for us, without jeopardizing your tokens. Block.One has taken a hand-off approach to anything regarding the launch, therefore it is especially important to choose a voting option very carefully.

We officially endorse the following two options:

The CLEOS command line tool
The safest option is the CLEOS command line tool. However, this option is the most difficult, since it is directed at technologically inclined people. This tutorial is a good starting point. The required information to vote for us via this option can be found here.

Using Scatter/EOSPortal.io
Scatter is a third-party tool developed by the community. It has been endorsed by multiple other block producer candidates (such as EOSNewYork), but there is never a 100% certainty that your keys stay safe with a 3rd party tool. To the best of our knowledge, it is a good option, though.

Disclaimer: You will have to put in your private EOS key, so there is always a risk of losing tokens involved! We implore you to do your own research to be sure that you are comfortable with using Scatter and EOSPortal.io and trust in their security.

With that being said, the tutorial on Scatter can be found here. How to use Scatter in conjunction with EOSPortal.io is also described on the page.

We want to thank you for your participation and trust in us as a Block Producer!

– Your Genesis Mining Team

A look back by Stefan Schindler:
 

“The very first time I heard about Bitcoin in summer 2013 I was working as a medical doctor in orthopaedic and trauma surgery. A particular blog post about the efforts of cryptocurrency mining caught my eye. I was hooked immediately.
 
Over the following months, I absorbed myself in the still small, yet thriving, cryptocurrency community. After delving into the conceptual theories, I knew that cryptocurrencies would spur a social and technological revolution. I wanted in. Experienced in adjusting a small mining setup, I sought to build a large scale mining operation with strategic partners.
 
At a local Bitcoin meet-up I met Marco Streng and Dr. Marco Krohn. At the time, Genesis Mining had just initiated their first GPU based mining operation. My path forward became clear. I joined Genesis Mining and immediately started building mining farms. Operational complexities increased with each additional data center. Monitoring and maintenance spawned a myriad of logistical challenges.
 
Despite the insane velocity that drives the cryptocurrency market, the standard for Genesis Mining was to take the time required to build adaptable software code to guarantee successful scaling in any conceivable condition. This approach laid the foundation for software solutions like genesis-hive, sgminer-gm and others. Forethought continues to define the Genesis Mining operational ethos. It is why we are the best performing, most stable and most efficient hashpower provider on the globe.
 
I am grateful to have spent the last four years with pioneers of the blockchain infrastructure. The depth of individual interdisciplinary talent that has united to build the future of digital currencies never ceases to amaze me. It was a gift to unite with people who shared my passion.
 
Thank you to Marco Streng, the team at Genesis Mining and its global community for the friendship. Our shared experiences and the lessons we learned inspire my next steps.”
 
 
Marco Streng, CEO of Genesis Mining:
 

“Stefan has been a most valuable part of our venture, continuously pushing the boundaries of the technology and setting new standards for the status-quo of cryptocurrency mining. He has been greatly responsible for our success and I can speak for the whole team when I say that we’re proud, but also sorry to see him go. Thank you for all you’ve done and all the best for your future endeavours!”

We’re sure the industry will stay as important to you as to us and your positive reinforcement encourages us to keep up the fight! To the moon, Stefan!
 
Sincerely,
 
– Your Genesis Mining Team