Genesis Mining - Interview with CEO Marco Streng

Jihan Wu, Marco Streng, Tim Draper and Edward Snowden at Bitcoin 2019 - San Francisco, CA

Jihan Wu, Marco Streng, Tim Draper and Edward Snowden at Bitcoin 2019 - San Francisco, CA submitted by Zukicha to BitcoinMining [link] [comments]

My Conversation with Bitcoin Visionary Marco Streng

submitted by Imared to TheColorIsRed [link] [comments]

My Conversation with Bitcoin Visionary Marco Streng

My Conversation with Bitcoin Visionary Marco Streng submitted by leftok to atbitcoin [link] [comments]

How I built a bitcoin empire | Marco Streng | TEDxTrinityCollegeDublin

How I built a bitcoin empire | Marco Streng | TEDxTrinityCollegeDublin submitted by WebSwiftSEO to CryptocurrencyVideos [link] [comments]

How I built a bitcoin empire | Marco Streng

How I built a bitcoin empire | Marco Streng submitted by Crypto-trading to CryptoCurrencies [link] [comments]

09-06 06:22 - 'Marco Streng CEO at Genesis Mining Bitcoin The Future of Mining Cryptocurrencies / [link] / Sign up For Free : / [link] / How to Mine Bitcoin and other Cryptocurrencies DAILY For Profit Use code " EiGbfX " and get 3%...' by /u/bitcoineducation removed from /r/Bitcoin within 171-181min

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Marco Streng CEO at Genesis Mining Bitcoin The Future of Mining Cryptocurrencies
[link]1
Sign up For Free :
[link]2
How to Mine Bitcoin and other Cryptocurrencies DAILY For Profit Use code " EiGbfX " and get 3% off every purchase on The Biggest Cryptocurrency Miner in the world Genesis Mining :
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Author: bitcoineducation
1: https://www.youtube.com/watch?v=a5UIx29Q9tc 2: *ww.ge*esis-mi**ng.co*/a**32235*
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

Op-Ed: Marco Streng of Genesis Mining is a Bitcoin Bull

Op-Ed: Marco Streng of Genesis Mining is a Bitcoin Bull submitted by bravenewcoin to Bitcoin [link] [comments]

Life Inside a Bitcoin Mine: Interview with Genesis Minings Marco Streng

Life Inside a Bitcoin Mine: Interview with Genesis Minings Marco Streng submitted by coincrazyy to BitcoinAll [link] [comments]

Thoughts on The Future of Bitcoin From Genesis-Mining’s CEO Marco Streng – Established Bitcoin Cloud Mining Company

Thoughts on The Future of Bitcoin From Genesis-Mining’s CEO Marco Streng – Established Bitcoin Cloud Mining Company submitted by MuchBitcoin to MuchBitcoin [link] [comments]

Marco Streng: “Ich verstehe, dass Bitcoin für einige verrückt klingt, aber in vielerlei Hinsicht verfolgt es den gleichen Weg wie das Internet und ich denke, es wird die Welt genauso tiefgreifend verändern”

Marco Streng: “Ich verstehe, dass Bitcoin für einige verrückt klingt, aber in vielerlei Hinsicht verfolgt es den gleichen Weg wie das Internet und ich denke, es wird die Welt genauso tiefgreifend verändern” submitted by voephilis to BitcoinDE [link] [comments]

Life Inside a Bitcoin Mine: Interview with Genesis Mining’s Marco Streng

Life Inside a Bitcoin Mine: Interview with Genesis Mining’s Marco Streng submitted by MuchBitcoin to MuchBitcoin [link] [comments]

Thoughts on The Future of Bitcoin From Genesis-Mining’s CEO Marco Streng

Thoughts on The Future of Bitcoin From Genesis-Mining’s CEO Marco Streng submitted by BTClife to Bitcoin [link] [comments]

Op-Ed: Marco Streng of Genesis Mining is a Bitcoin Bull

Op-Ed: Marco Streng of Genesis Mining is a Bitcoin Bull submitted by coincrazyy to BitcoinAll [link] [comments]

"Cloud Mining profitiert von steigendem Bitcoin Preis" - Marco Streng, Genesis Mining

submitted by voephilis to BitcoinDE [link] [comments]

Thoughts on The Future of Bitcoin From ´’s CEO Marco Streng – Established Bitcoin Cloud Mining Company

Thoughts on The Future of Bitcoin From ´’s CEO Marco Streng – Established Bitcoin Cloud Mining Company submitted by MuchBitcoin to MuchBitcoin [link] [comments]

Life Inside a Bitcoin Mine: Interview with Genesis Mining’s Marco Streng

Life Inside a Bitcoin Mine: Interview with Genesis Mining’s Marco Streng submitted by dragger2k to Bitcoin [link] [comments]

Life Inside a Bitcoin Mine: Interview with Genesis Mining’s Marco Streng

Life Inside a Bitcoin Mine: Interview with Genesis Mining’s Marco Streng submitted by MuchBitcoin to MuchBitcoin [link] [comments]

I found out where all the 580's went.

I found out where all the 580's went. submitted by brett_hacking to Amd [link] [comments]

What tonight's "60 Minutes" piece on BTC will be about. ( Basically, FUD )

It seems tonight's piece won't be a super supportive piece, but more on the misinformed/slightly negative side, unfortunately. They will be interviewing the guy that bought pizza with BTC and comparing his purchase then, to BTC's price now (silly). Then speaking to someone at the Fed who will be trying to warn people about BTC and how it's not backed by governments or have deposit insurance.
At the end of a volatile week in the stock market, "60 Minutes" examines the even wilder financial world of Bitcoin and other cryptocurrencies. The story, reported by Anderson Cooper, includes the first television interview with the legendary "Bitcoin pizza guy," Laszlo Hanyecz. On May 22, 2010, Hanyecz traded 10,000 Bitcoin for some pizza in what is widely believed to be the first real-world transaction involving Bitcoin. Each year, on May 22, Bitcoin enthusiasts all over the world celebrate "Bitcoin Pizza Day" to mark the event. Bitcoin then was worth less than a penny. Hanyecz, a computer programmer who lives in Florida, told Cooper he made a number of other trades after the pizza. In all, he estimated that he spent 100,000 Bitcoin on a number of items, much of it on pizza. At the time of this interview, one Bitcoin was worth about $8,000. "That's $800 million," Cooper says. "You spent about $800 million on pizza?" Hanyecz replies, "Well, if you look at today's exchange rate." "Are there nights you wake up," Cooper asks, "where you think, 'I could have had $800 million… if I hadn't bought those pizzas?'" "I think thinking like that is… not really good for me," Hanyecz says. Cooper's report includes interviews with Federal Reserve Governor Lael Brainard; Neha Narula, director of the MIT Media Lab's Digital Currency Initiative; Marco Streng, the CEO of Genesis Mining; and Charlie Shrem, one of Bitcoin's first millionaires and also one of its first convicted felons. Bitcoin is a digital computer-based currency that is not backed by any government or bank. Its records are maintained by a global network of computers known as "mines," and its value is based on the free market. It can be bought and sold for dollars through businesses called "exchanges." For the "60 Minutes" report, Cooper visited a cryptocurrency "mine" in Iceland. He also visited the Federal Reserve in Washington D.C., where Brainard warns investors that cryptocurrency is much riskier than the U.S. dollar. "The Federal Reserve and ultimately the U.S. Treasury stand behind [the dollar]," says Brainard. "And when you hold your dollars in a bank account, you have deposit insurance… None of those accountability mechanisms exist for Bitcoin." See the full "60 Minutes" report, Sunday, May 19 at 7:00 p.m. ET/PT on CBS.
https://www.cbsnews.com/news/meet-the-man-who-spent-millions-worth-of-bitcoin-on-pizza-60-minutes-2019-05-16/
Edit - Downvoted for trying to pass on information. Lesson learned, I'll refrain from posting in this sub.
submitted by EternitySphere to Bitcoin [link] [comments]

Just a reminder that Genesis Mining is a total scam. Nobody should 'invest' with them.

There isn't a single 'investor' who has ever received a break-even ROI. This is a fact. Everybody who has ever given them money has ended up with less than they gave.
If the price shoots up, sure it feels like you're making gains. But the reality is that if you gave any crypto to Genesis, you will only ever get a fraction of your original crypto back. Not even 100% of the initial investment, let alone profit.
It is a clear ponzi. This company's operational costs are obviously in fiat. They rent IT spaces in various countries, buy servers and graphics cards and netwoking equipment, pay salaries, advertising, travel, etc.
So they're taking all your money in bitcoin and then what? Converting it to Fiat so that they can mine bitcoin again?
Marco Streng is a liar and a fraud.
submitted by ElGuapissimo to Bitcoin [link] [comments]

Nearly 1/3 of Americans Believe This Myth About the US Dollar

Nearly 1/3 of Americans Believe This Myth About the US Dollar

Nearly 1/3 of Americans believe a simple myth about the US dollar, and even fewer people know the actual answer.
  • Nearly one-third of Americans falsely believe that the US dollar is backed by gold, and 70% don’t know what is backing it.
  • That’s just the tip of the iceberg when it comes to US financial illiteracy, however.
  • A new study reveals just how little Americans know about how their money works.
An eye-opening new study into financial literacy reveals just how little Americans know about the US dollar – or how the monetary system works at all.
The study, sponsored by cryptocurrency firm Genesis Mining, aimed to uncover just how well the average American comprehends basic financial details about the banking system, Federal Reserve, and the dollars in his or her wallet.
Unfortunately for the reputation of the US educational system, the results weren’t all that favorable.

US Residents Don’t Have a Clue About the How the US Dollar Works

Stunningly, the study found that 29% of Americans falsely believe the US dollar is backed by gold. That hasn’t been true for decades, but at least it makes more sense than those who said that bonds (5%) or oil (4%) were backing the greenback. A further 7% responded “nothing,” while 23% admitted that they didn’t know, leaving a mere 30% of respondents stating the correct answer: the US government.
Nearly a third of Americans believe the myth that the dollar is backed by gold.
Since Richard Nixon officially scrapped the gold standard in 1971, the US dollar has been backed by “the full faith and credit” of the US Government, something which many believe to be an insufficient support. (They’d likely argue that the 7% who answered “nothing,” were, in fact, correct.)
But this wasn’t the only worrying revelation. The study also asked whether banks must maintain 100% of customer deposits in reserve. Incredibly, just under half of the respondents either answered “yes” or “I don’t know.” The remaining 52% correctly responded, “no.”
Speaking to CCN, Marco Streng, CEO of Genesis Group, reasoned that Americans are blissfully ignorant about their financial system, a luxury not available to residents of more volatile economies like Argentina.
“I believe it’s because for most Americans, overall the US dollar works fine in their day to day lives. Unlike countries such as Argentina or Venezuela, Americans don’t have to really be worried about dramatic value fluctuations or strict capital controls. They are too busy living their lives to really take the time to think deeply about what money is, what it means, and how it will evolve in the future.”

Digital Reigns Supreme But Bitcoin’s Still the Ugly Stepchild

The study didn’t just seek to prove how little Americans know about their money. It also wanted to know about how they use their money, and whether they’d be open to digital alternatives like cryptocurrency.
Two-thirds of respondents prefer to make payments with debit or credit cards, while 31% answered in favor of cash.

Most Americans use plastic, but they aren’t ready to give up cash for a digital payment medium like bitcoin.
Despite most respondents admitting to not using cash and preferring the use of debit/credit cards, the study found that Americans don’t want to eliminate cash entirely in favor of cryptocurrency or another digital money system. When asked about that proposal, a meager 13% said yes, a further 10% didn’t know, and a massive 76% answered rejected it.
Streng suggested that this reluctance springs from the lack of incentive for a more dependable system:
“If you are a migrant worker sending money home to your family or run an international business and have to deal with the slow and expensive wire transfers, the concept and benefits of digital currency can make sense to you. But if you take, for example, a 20 year old college student, many of those benefits mean nothing to them.”
However, he added that doubt in cryptocurrencies stems solely from skepticism about new technology:
“it will take time for people to become comfortable with it, just like it took people time to be comfortable paying with a credit card online.”
Streng believes that it’s not only time that will change the minds of the average American but also proper education. However, he stressed that this instruction must be relevant to individual needs.
“The average person doesn’t care about blockchain or any technology for that matter. They don’t care if something is decentralized. They care that their bank is closed on the weekend. They care that they are in a bind because they hit their daily ATM withdrawal limit. […] The community as a whole needs to focus on selling these types of benefits, not the features and technology that makes cryptocurrency possible because at the end of the day, for most people, they just don’t care.”
While the study’s findings highlight a worrying glimpse into the understanding of the monetary system, they also present a clear mandate for appropriate education on the subject. Perhaps the best way for American bitcoin fanatics to introduce their loved ones to cryptocurrency is to teach them about the US dollar first.
submitted by ionskurtu to u/ionskurtu [link] [comments]

The Hong Kong Agreement that has totally been breached by the Bitcoin Core Contributors.

On February 21st, 2016, in Hong Kong’s Cyberport, representatives from the bitcoin industry and members of the development community have agreed on the following points:
Based on the above points, the timeline will likely follow the below dates.
The undersigned support this roadmap.
Together, we are:
Kevin Pan - Manager - AntPool
Anatoly Legkodymov - CEO - A-XBT
Larry Salibra - Bitcoin Association Hong Kong
Leonhard Weese - Bitcoin Association Hong Kong
Cory Fields - Bitcoin Core Contributor
Johnson Lau - Bitcoin Core Contributor
Luke Dashjr - Bitcoin Core Contributor
Matt Corallo - Bitcoin Core Contributor
Peter Todd - Bitcoin Core Contributor
Kang Xie - Bitcoin Roundtable
Phil Potter - Chief Strategy Officer - Bitfinex
Valery Vavilov - CEO - BitFury
Alex Petrov - CIO - BitFury
Jihan Wu - Co-CEO - Bitmain
Micree Zhan - Co-CEO - Bitmain
James Hilliard - Pool/Farm Admin - BitmainWarranty
Yoshi Goto - CEO - BitmainWarranty
Alex Shultz - CEO - BIT-X Exchange
Han Solo - CEO - Blockcloud
Adam Back - President - Blockstream
Bobby Lee - CEO - BTCC
Samson Mow - COO - BTCC
Robin Yao - CTO - BW
Obi Nwosu - Managing Director - Coinfloor
Mark Lamb - Founder - Coinfloor
Wang Chun - Admin - F2Pool
Marco Streng - CEO - Genesis Mining
Marco Krohn - CFO - Genesis Mining
Oleksandr Lutskevych - CEO - GHash.IO & CEX.IO
Wu Gang - CEO - HaoBTC
Leon Li - CEO - Huobi
Zhang Jian - Vice President - Huobi
Eric Larchevêque - CEO - Ledger
Jack Liao - CEO - LIGHTNINGASIC & BitExchange
Star Xu - CEO - OKCoin
Jack Liu - Head of International - OKCoin
Guy Corem - CEO - Spondoolies-Tech
Pindar Wong - Sponsor
submitted by singularity87 to btc [link] [comments]

How I built a bitcoin empire - Marco Streng (TEDxTrinityCollegeDublin) Marco Streng At Bitcoin South: Bitcoin Mining & The Future Genesis Mining CEO Marcos Streng. (How I build a Bitcoin & Ethereum empire) Ted Talk Genesis Mining CEO Marco Streng releasing a statement on ... CNBC interview with Genesis Mining's CEO Marco Streng

Marco Streng discovered Bitcoin while studying to become a mathematician in 2011. His bitcoin mining career began when he installed and began operating a mining rig out of his dorm room in Munich, but he quickly set his sights on much bigger plans. Realizing the significance of blockchain and its role in powering a decentralized […] Marco Streng: So there's tens of thousands of processing units in here. And if you add all the computing power of all the processing units together, you have more than the world's number one Marco Streng. Follow. We believe Bitcoin is one of the most exciting innovations the world has ever seen and has the potential to transform the lives of billions of people across the globe. We Genesis Mining’s Marco Streng: 'You Can't Just Switch Miners On and Off' Cointelegraph is holding a live event to honor the Bitcoin ( BTC ) halving, set to occur in just a few hours. As profits for miners will be cut in half in about 10 BTC blocks, the event represents a bittersweet moment for the industry. Marco Streng. Marco Streng is the CEO and co-founder of Genesis Group and Genesis Mining, one of the largest crypto mining companies in the world. Prior to co-founding Genesis in 2013 and becoming an impassioned advocate for blockchain technology and cryptocurrencies, Streng studied mathematics at the Ludwig-Maximilian University of Munich.

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How I built a bitcoin empire - Marco Streng (TEDxTrinityCollegeDublin)

Cryptocurrency Revolution COMPLETE FILM Frank Giustra, Frank Holmes & Marco Streng Bitcoin Doc - Duration: 16:28. rothmultimedia 77,409 views. ... Marco Streng, CEO of Genesis Mining, ... Marco is the 27-year-old CEO of the largest bitcoin mining company in the world, Genesis Mining. Trained as a mathematician, he dropped out of university to pursue his business idea. Marco Streng - "Mining: Looking Forward" Marco Streng, CEO of Genesis-Mining, delivered an informative talk on the History of Mining, the hardware arms-race that evolved over the last 2 years and ... Use the code " bplCBk " to get 3% off of your Genesis Mining order. Start Mining Bitcoin and other top Cryptocurrencies with Genesis Mining for as low as $29.99 unlimited mining contract. Win-Win ... Cryptocurrency Revolution COMPLETE FILM Frank Giustra, Frank Holmes & Marco Streng Bitcoin Doc - Duration: 16:28. rothmultimedia 72,699 views. 16:28. Warren Buffett ...

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