Crypto Miner Genesis Hit With Cease and Desist Order

author Genius Crypto Learning   7 дн. назад

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Building Enigma / The largest Ethereum Mining Facility Ethereum is the first ‘world computer’. It is a decentralized network that can be used by anyone and is capable of running applications with no possibility of downtime, censorship or fraud. It's native currency, Ether is one of the fastest growing cryptocurrencies next to Bitcoin. Just a few months ago, the price was $1, then it shot up to $13 and today it has settled at just under $10. This rapid growth excited investors who were eager not to miss out on another hyper-growth investment opportunity. While some choose to invest in Ethereum directly, many are turning to Cloud Mining to enter the market. Our Enigma Farm is a computation cluster built for exactly this venture. If you are as fascinated by the Ethereum project as we are and want to participate, head over to our website and become a part of the project!

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Into today's episode, we take a look at one of the biggest cloud mining companies Genesis Mining and how they were presented with a cease and desist order on the 9th of March.

In the video above we go through what you need to know and how this could impact you.

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