Marco Streng on Genesis Mining's origins and why HIVE Blockchain

17 Sep 2017
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Marco Streng, CEO and Co-Founder of Genesis Group, talks about building the largest cryptocurrency miner in the world and why the next important step is creating the bridge between the crypto and traditional capital markets.

Prior to co-founding Genesis in 2013 and becoming an impassioned advocate for blockchain technology and cryptocurrencies, Marco studied mathematics at the Ludwig-Maximilian University of Munich. Genesis now operates data centres around the world which allow customers to rent hashpower to mine Bitcoin, Ethereum, and a number of other alt-coins. Genesis has grown significantly since its inception and now serves nearly a million customers worldwide.

Video material provided by Genesis Mining.


Forward-Looking Information

Except for the statements of historical fact, this video contains “forward-looking information” (within the meaning of the applicable Canadian securities legislation) that is based on expectations, estimates and projections of the Company and Genesis Mining as at the date of this video. The information in this video about the completion of any transaction including acquisition of any data centres, the business goals and objectives of the Company, any estimate of potential earnings, the performance of any obligations of parties to transaction agreements, and other forward-looking information, includes but is not limited to information concerning the intentions, plans, and future actions of the parties to the transactions described herein and the terms thereon.

Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, risks related to the Company’s or Genesis Mining’s ability to obtain final acceptance from the TSX Venture Exchange for a transaction, the cryptocurrency markets generally, the Company’s ability to successfully mine cryptocurrency, and other risks as more fully set out in disclosures filed by the Company at including its Filing Statement dated September 13, 2017.

The forward-looking information in this video reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this video, the Company has made assumptions, including, but not limited to assumptions about the Company’s and Genesis Mining's ability to complete any contemplated transactions, about historical prices of cryptocurrencies and the ability of the Company to successfully mine cryptocurrencies consistent with historical prices, and that there will be no regulation or law that will prevent the Company from operating its business. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. Reference should be made to the Company’s Filing Statement dated September 13, 2017 (available at for a full list of the expectations and assumptions of the Company and Genesis Mining, and a detailed description of the risk factors relating to the Company’s business.

Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise.