Krypto Genie Head Office, USA
Here you can find our top frequently asked questions. Please let us know if you have any other queries regarding our mining platform.
The mining process takes minimum 24 hours for you to begin seeing results. The longer the mining process the more you stand to gain.
Escrow is used to provide security and trust in our transactions especially for newbies by using a neutral third party (the escrow agent) to hold your deposits until agreed-upon conditions are met by us.
For some, they’re looking for another source of income. For others, it’s about gaining greater financial freedom without governments or banks butting in. But whatever the reason, cryptocurrencies are a growing area of interest for people in all walks of life.
Miners can withdraw their mining coins once it gets to their wallets. We process withdrawals automatically so it will take the shortest time for you to get your funds.
Our web app allows you us to monitor your system performance when handling the mining process. This helps us to determine how much you gain during the process as well as help us mine more on our end.
If you’re wondering whether mining requires a ton of computational power, you’re right. We use extremely powerful computers, called ASICs, to make billions — or trillions — of guesses about which nonces could work. One computer can cost up to $10,000. ASICs also consume huge amounts of electricity. Technically, though, you could mine Bitcoin with, say, a MacBook Pro, but unfortunately you won’t get very far because there’s not enough computing power. Deposits are necessary to help us increase our computational power for mining.
Payouts for miners are made directly to your specified cryptocurrency wallet. You can set your preferred payout threshold and frequency in your dashboard.
Our mining pool supports various ethereum-based coins. This means you can mine Ethereum(ETH) and Tether(USDT)