Genesis Prospecting is a group of early bitcoin adopters & successful entrepreneurs who have come together to create a commercial crypto-mining company. Individually we caught a small piece of the first wave of low priced bitcoins in 2010/2011, now we are positioned to ride the second wave of cryptocurrency profitability for 2014 and beyond.
With balls-of-steel-level risk tolerance, an ingenious and agile CTO, an unconventional strategy, and the cheapest power in the USA, we were able to mine over 150 BTC worth of altcoins in February 2014, our first full month of operation.
We have a scalable 3 year power contract of $0.01/kWh, and we have built custom technology that allows us to be more profitable than any public solution, as well as the ability to scale up large cpu and gpu farms to “strip-mine” altcoins during short “profitability spikes”.
We’ve self funded the business to the tune of $200,000 with revenues in excess of $150,000 in less than two months.