In this guide, we will walk you through how to buy Bitcoin cloud mining with Genesis Mining.
Genesis Mining is the largest and most transparent cloud mining company.
Genesis Mining used to accept credit cards as a payment method. However, when we did write this guide they only accepted cryptocurrencies. We recommend all our guides on how to buy Bitcoin if you need crypto.
Intro - What is cloud mining
To define cloud mining we must first describe mining.
Mining is the process where computing power verifies and secure the bitcoin network.
Cloud mining is a way to mine cryptocurrency by renting, or buying, mining equipment (computing power) from someone else running it for you.
By doing this, you don´t need to worry about software and hardware setup. However, you must pay a portion of the mined Bitcoin from your rented, or bought equipment.
Cloud mining makes Bitcoin mining accessible to anyone.
How to buy Bitcoin cloud mining with genesis Mining and use Promo Code?
In this guide, we take Genesis Mining as an example since it is the largest and most trustworthy cloud mining company.
They are very good at communicating with their audience.
For more information about Genesis Mining, read our Genesis Mining review.
1. Sign up and create an account with Genesis mining
First, you must sign up and create an account with Genesis Mining.
Go to Genesis Mining via our link and click on the large yellow button “Start Mining Now”
You will be asked to sign up with your email.
2. Sign In to Genesis mining
First, you must sign up and create an account with Genesis Mining.
Go to Genesis Mining via our link and click on the large yellow button “Start Mining Now”
You will be asked to sign up with your email.
3. Select the hashpower you want to buy on Genesis Mining
Now you need to choose what kind of hashpower cloud mining contract you want to go for.
As you can see the in the screenshot above, the following cloud mining contracts were available when we wrote this guide.
- Radiant Zero Bitcoin
- Radiant Classic Bitcoin
- Radiant Zero Ethereum
4. Choose Payment Method on Genesis Mining
Now you need to choose what kind of hashpower cloud mining contract you want to go for.
As you can see the in the screenshot above, the following cloud mining contracts were available when we wrote this guide.
- Radiant Zero Bitcoin, 6-30 months mining
- Radiant Classic Bitcoin, 6-30 months mining
- Radiant Zero Ethereum, 12-24 months mining
Available cryptocurrencies are, Bitcoin, Litecoin and DASH.
However, Genesis Mining announces they will shortly reintroduce credit card as a payment method.
Now click on “Continue to order review”
5. Use promo code on Genesis Mining and Checkout
Once you are in the order review view you will have the chance to enter your Genesis Mining promo code.
As you can see in the screenshot below. you enter the promo code and click validate.
Cryptocoinzone Promo Code: rMTzHA
Now, you click “Continue” in the lower right corner and you will get a deposit address where to deposit your crypto.
After this, you will receive an email for confirmation.
If you need to buy Bitcoin with a credit card to buy your cloud mining contract with Genesis Mining we recommend our guide on how to buy Bitcoin with a credit card on Coinbase.