Founded in 2013, Hong Kong-based Genesis Mining has become a world leader in providing hosted hashpower for scrypt-based coins. Clients can choose to mine bitcoin, or distribute hashpower on various altcoins such as Litecoin, Dogecoin, and Darkcoin. The company operates several mining farms in Europe, America and Asia.
“Genesis Mining is an easy and safe way to purchase hashpower without having to deal with complex hardware and software setup.”
– Genesis Mining
Last week, Genesis Mining CEO and co-founder Marco Streng announced the launch of the world’s first bitcoin mining fund, dedicated to investing into a range of Bitcoin-related businesses.
The Logos Fund is a private, pooled investment fund with a minimum investment of $25,000. Streng founded the issuing company, Logos Capital Fund, with Bjoern Arzt as executive manager.
Logos Capital is a Delaware limited Partnership formed on February 16. Arzt filed an exemption from having to register with the Securities and Exchange Commission (SEC), Form D, on February 25. Exemption allows the company to raise an unlimited amount of money as well as advertise their offerings, but restricts them to accredited investors.
The Fund is responsible