Introduction
Genesis Mining, one of the world's pioneering crypto mining companies, has officially launched Genesis Digital Assets (GDA)—a dedicated industrial-scale Bitcoin mining operation. This strategic partnership combines expertise from Genesis Mining and former mining executives to optimize profitability and scalability in the Bitcoin mining sector.
Key Highlights
- Founding Team: Collaboration between Genesis Mining's Marco Streng, Marco Krohn, and industry veterans Abdumalik Mirakhmedov, Andrey Kim, and Rashit Makhat.
- Mission: To build and manage self-mining facilities focused on maximum operational efficiency and profitability.
- Scalability: Current capacity exceeds 140 MW (2.0 EH/s), with plans to add 5.5 EH/s in the next 12 months and reach 1 GW by 2025.
👉 Discover how industrial-scale mining works
Operational Success
Since 2016, the partners have successfully maintained profitability even during Bitcoin price downturns (e.g., March 2020’s sub-$4,000 BTC price). Their farms' efficiency ensures consistent returns, leveraging:
- Cost-effective energy solutions.
- High-performance mining hardware.
Leadership Insights
Marco Streng, CEO of GDA:
"Our partnership with Abdumalik, Andrey, and Rashit unlocked unmatched operational efficiency. GDA’s public launch marks a new era in scalable Bitcoin mining."
Abdumalik Mirakhmedov, Executive Chairman:
"No one mines as profitably at scale as we do. GDA’s infrastructure will power the future of decentralized monetary systems."
Growth Metrics
| Year | Capacity | Hashrate |
|-------|-------------------|----------------|
| 2021 | 140 MW | 2.0 EH/s |
| 2022 | +5.5 EH/s (planned) | ~7.5 EH/s |
| 2025 | 1 GW (projected) | TBD |
👉 Explore Bitcoin mining trends
FAQs
Q: What makes GDA different from other mining operations?
A: GDA’s founder-led approach combines decades of experience, self-mining focus, and unmatched cost efficiency.
Q: How does GDA handle Bitcoin price volatility?
A: Their operational model prioritizes low breakeven costs, ensuring profitability even during market dips.
Q: What’s next for GDA?
A: Scaling to 1 GW by 2025 and advancing Bitcoin’s infrastructure revolution.
About Genesis Digital Assets
Founded by industry leaders with $1B+ in mined Bitcoin since 2013, GDA operates 20+ mining farms and manages 300,000+ miners.
For more details, visit Genesis Digital Assets.
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