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Genesis Mining operates as a bitcoin cloudmining company. It allows users to buy and sell bitcoins through its cloud mining service and offers an alternative to its client who would like to engage in bitcoin and altcoin mining. The company was founded in 2013 and is headquartered in Wanchai, Hong Kong. It seeks to grow by making periodic small acquisitions.
Last updated
In 2024, Genesis Mining's revenue reached $13.2M. The company previously reported $6.1M in 2024. Since its launch in 2014, Genesis Mining has shown consistent revenue growth.
Genesis Mining has not publicly disclosed its valuation. The company has raised $167.6M in total funding to date.
Genesis Mining has raised $167.6M in total funding across 1 round, with its most recent round in 2017.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2017 | Funding round | $167.6M | - | - |
CEO
Genesis Mining is a technology company and the world's leading provider for Bitcoin and altcoin cloudmining. We offer our clients easy access to small, medium and large mining contracts. Multipool techniques are used to automatically convert altcoins to Bitcoin, which are daily transfered into customer wallets. Mining starts immediately after signing the contract. We are thrilled to open the vast cryptocurrency space to everyone and believe that it poses a unique investment opportunity.
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We do not have customer count information for Genesis Mining yet.
Genesis Mining employs approximately 86 people as of 2026, down from 89 in 2023, including 2 sales reps that carry a quota.
Genesis Mining generates $13.2M in revenue.
Genesis Mining was founded by Marco Streng.
The CEO of Genesis Mining is Marco Streng.
Genesis Mining raised $167.6M across 1 round.
Genesis Mining has 86 employees.
Genesis Mining is headquartered in Hong Kong, Hong Kong.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$13.2M
Funding
$167.6M
Team
86
Founded
2014
| Year | Milestone | Source |
|---|---|---|
| 2024 | Genesis Mining Hit $13.2m revenue in November 2024 | |
| 2024 | Genesis Mining Hit $6.1m revenue in October 2024 | Estimated |
| 2023 | Genesis Mining Hit $3.5m revenue in October 2023 | Estimated |
| 2021 | Genesis Mining Hit $2.7m revenue in April 2021 | |
| 2014 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 86 employees (December 2024) | |
| 2024 | Reached 89 employees (October 2024) | |
| 2023 | Reached 89 employees (October 2023) | |
| 2022 | Reached 85 employees (October 2022) | |
| 2021 | Reached 80 employees (December 2021) | |
| 2021 | Reached 72 employees (April 2021) |
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