News
For our readers, check below regularly for information on the future of cryptocurrency mining and Genesis Digital Assets’ recent press features.
For press inquiries please contact us via press@genesisda.com
Latest News
2021-04-23 – How Bitcoin Mining Can Incentivize Renewable Energy
Bitcoin mining is often decried as an energy hog, but new research results by Cathie Wood’s ARK Invest and Jack Dorsey’s Square have been found to “debunk the myth.” Tesla’s Elon Musk also agrees that it could actually be good for the planet. Marco Streng, CEO and co-founder at Genesis Digital Assets, says because renewable energy is among the most economically friendly, miners will lean towards that power source, thus contributing to the renewables industry in the long term. Streng speaks to Emily Chang on “Bloomberg Technology.” (Source: Bloomberg)
Executing on Our Mission
Eight years of Bitcoin mining is like 80 years in any other industry.
Wild price swings, uncertain regulatory environments, and the fast-paced innovation that comes with all emerging technologies is what we’ve been dealing with since 2013.
Our experience in this industry is unlike anyone else. Some may know the hardware side and some may know the software, but we know every single aspect of this industry.
We will take everything we’ve learned over the years and scale more aggressively than ever before.
By 2025, our self-mining facilities will bring another gigawatt online to power the decentralized revolution.
Inside the GDA Vision with Abdumalik Mirakhmedov and Marco Streng
Curious about who Genesis Digital Assets is? In this short webinar, two of our founders explore who we are and why we exist.