Genesis Mining Shows Faith in EOS by Becoming a Block Producer

Francisco Memoria
  • 22 Jun 2018
  • /
  • In #EOS
  • Cloud mining company Genesis Mining has recently become one of the 21 EOS block producers.
  • The company applied last month, revealing a venture called EOSGen.

Genesis Mining, the world’s largest cryptocurrency cloud mining company, recently became one of the 21 EOS Block Producers (BPs), according to blockchain data, after applying for it last month through a post on its website.

The company’s application notes that Genesis Mining was founded in late 2013, and that it now has over 2 million users and over 50 team members. Its EOS mining venture, dubbed EOSGen, is reportedly part of a move that’s set to help tackle inequality. The company’s post reads:

We want to contribute to the increasing individual sovereignty of EOS and it’s users while decreasing the social inequality (globally and locally) by tapping the economic, technological, and social potential of EOS and its decentralized, borderless, and efficient nature.

Genesis Mining

EOSGen reportedly contributes to the cryptocurrency’s network by “providing and running the nodes required for the ecosystem to exist and thrive.” Its goal, per Genesis Mining, is to “provide people with the means via the technological backbone, so they can participate in the EOS and blockchain community.”

While the company cautiously revealed it won’t disclose too much about its datacenters, it did detail the location and operations in its Enigma Datacenter, located in Iceland, and its Thor Datacenter, located in Sweden. It touted their security and connectivity.

Notably, Genesis Mining’s Block Producer roadmap and its stance on dividends haven’t yet been defined. The cloud mining company has been prominent in the crypto space, as during the Consensus 2018 conference it launched a #BitcoinAwareness campaign targeting billionaire investor and bitcoin bear Warren Buffet.

Also read: Genesis Mining on Future of Crypto Mining, Green Energy and Why Blockchain Isn’t for Al

Earlier this year, the company was targeted by regulators, as South Carolina’s Securities Commissioner department deemed its cloud mining contracts unregistered securities, which saw it hit Genesis Mining with a cease and desist.'s Crypto-Powered Social Media Platform Voice Goes Live

Francisco Memoria

Voice, the cryptocurrency-powered social media platform developed by, the firm that developed the EOS.IO software, is set to go live later today, Valentine’s day.

According to posts on social media, Voice is currently asking its users to request access to the platform at a time in which its CEO, Salah Zalatimo, posts on its blog about why the platform is being launched. In a blog post, Zalatimo wrote that we’re living in a “post-truth era where many media platforms have lost their way,” as media should “empower us and bring us together.”

He added:

Today, our largest media platforms seed fear, uncertainty and doubt into our world. Many of us have thrown up our arms and walked away, deleting accounts and cutting cords⁠ in frustration at our disjointed world.

The CEO added Voice is being built to counter the trend, as it’s a “platform architected for integrity, where real people can publish real content and have real discussions.” The cryptocurrency-powered blockchain platform is being launched on the domain, which paid $30 million for.

The platform’s beta is, according to a blog post the firm published, going to go live in the United States only. Over time, Voice is set to rollout to other English-speaking countries before the platform is pushed to users throughout the world.

To use the platform, Voice users will have to go through know-your-customer (KYC) checks, as the cryptocurrency-powered social media platform is looking to completely get rid of bots so real people can engage with each other. As CryptoGlobe reported, Voice won’t be launched on the public EOS mainnet.

Instead, it will launch on a “purpose-made EOSIO blockchain,” even though Voice hopes it will “leverage the EOS Public Blockchain” in the future. Initially, planned to launch the platform on EOS, going as far as reserving 3.3 million RAM on its blockchain in a move believed to be preparing the resources needed to run Voice.

The motives behind’s change are unclear, although some speculate they’re related to the EIDOS airdrop, which rewarded users for conducting as many transactions as possible and brought the blockchain to a “congestion mode” because of it. If such an event happens after voice is launched, its growth could be hindered after operations freeze.

It’s worth noting Voice is set to reward users who engage on the platform with Voice tokens. Engagement, according to the firm, is “being you, and expressing your voice.” Users will be able to cash in on tokens to draw greater attention to their token, creating a network where “what’s good for the platform is also good for you.”

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