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Important Notice: Fraud Protection
In the last months we have witnessed a steady rise of impersonators of so called Genesis Mining agents and other types of scammers.
The only way to purchase from us is via our official website block-mine.net.
We are currently not onboarding new customers.
We are currently selling aLL type of mining hash power.
We will never ask you to send money to any agent. If someone asks you to do this, they are trying to scam you and should be ignored.
Our customer service will NEVER initiate a dialogue with you out of the platform, and only if you message them first via the customer service portal.
We do not employ any sales agents that pro-actively chat you up with any type of private message platforms or on social media.
We do NOT offer an iOS / Android app.
You should always be suspicious if a merchant asks you on Whatsapp, Telegram or other not-so-formal platforms for payment
Everything You Need to Know About Yield Farming – The DeFi Series
The uninitiated could be forgiven for thinking that “yield farming” refers to the latest crop of corn or peanuts. Rather, the term refers to a cutting-edge trend by which those who own cryptocurrency can reap guaranteed, steady returns.
Yield farming is a way for those who participate in specific cryptocurrency-powered products to use their crypto to earn crypto. By promising users tokens (and interest, in some cases) in exchange for their participation, founders and promoters of decentralized finance products aim to whip up interest in their platforms.
Category – DeFi/Money and Banking
Published on December 10, 2020
Understanding the Different Types of Crypto Wallets – The DeFi Series
The choice of which cryptocurrency wallet to use couldn’t be more important. You wouldn’t choose a physical wallet with a false bottom, and you should be at least generally aware of cryptocurrency wallet options so that you don’t choose a crypto wallet with potentially critical flaws.
It might be helpful to begin by defining what a crypto wallet is. A cryptocurrency wallet is the digital storage locker for cryptocurrency, though many serve additional functions. Non-physical cryptocurrency requires a digital wallet, as well as private keys denoting who the owner of the wallet (and the cryptocurrency within) is. Crypto wallets serve both of these functions.
In order to establish an operational crypto wallet, a person may have to:
Choose a wallet provider
Input certain personal information
Link a funding and deposit source, such as a bank account