Are Genesis Expensive to Maintain?

Maintaining a Genesis cloud-mining contract involves multiple expenses—maintenance fees, embedded electricity costs, hardware depreciation, and pool commissions. While Genesis provides a turnkey mining solution, these costs can total 20–30% of your gross revenue. Below, we break down each component, show you how to calculate your true monthly costs, and compare Genesis to rival platforms.

1. Understanding Genesis Mining Maintenance Fees

Genesis charges a monthly maintenance fee per terahash (TH) of hashpower. This fee covers data-center overhead—cooling, rack space, and technical support. Typical rates are 0.0025 BTC/TH/month on Bitcoin and 0.0008 ETH/MH/month on Ethereum, with promotional tiers and volume discounts available.

• Flat vs. Tiered Pricing: Introductory packages often feature lower rates.
• Dynamic Adjustments: Fees may shift with electricity prices and regional regulations.

Key takeaway: Maintenance fees alone can consume 15–25% of gross Bitcoin mining revenue.

2. Electricity & Infrastructure Costs

Although included in maintenance, understanding embedded power costs helps with ROI modeling:

1. Power Draw per TH: ~30 W/TH for Bitcoin ASICs.
2. Wholesale Rate: €0.03–€0.05 per kWh in major hubs.
3. Reverse-Engineered Cost: A 0.0025 BTC/TH fee at €50 k/BTC implies €15–€20/month for electricity.

Viewing electricity as a “hidden” line item lets you compare Genesis’s flat fee against self-hosting or itemized competitors.

3. Hardware Depreciation and Pool Commissions

Two more cost drivers:

• Depreciation: ASIC efficiency drops ~30% per year, roughly 0.0001 BTC/TH/month as a “virtual fee.”
• Pool Commission: Typically 1–2% of block rewards via Genesis’s preferred pools.

Together, these can shave off an extra 5–10% of mining revenue.

4. Step-by-Step Maintenance Cost Calculation

Use this formula for true monthly cost:
Total Cost (€) =
(Maintenance Fee per TH × TH × BTC Price) +
(Embedded Power Cost) +
(Depreciation “Fee”) +
(Pool Commission % × Gross Rewards)


1. Fetch live BTC price and network difficulty via API.
2. Input your hashpower (e.g., 50 TH).
3. Calculate maintenance: 50 TH×0.0025 BTC=0.125 BTC → at €50 k/BTC = €6 250.
4. Estimate power & depreciation: ~€1 000 + €500.
5. Pool cut on €10 000 gross at 1.5% = €150.
6. Total: €6 250 + €1 000 + €500 + €150 = €7 900/month.

Adapt these variables or embed into a maintenance cost calculator on your site.

5. Tips to Reduce Genesis Maintenance Expenses

• Lock in Intro Rates: Buy during promos for lower flat fees.
• Volume Discounts: Consolidate contracts to unlock breaks.
• Off-Peak Regions: Choose data-centers with cheaper embedded power.
• Harvest Strategically: Automate transfers when rewards exceed fee thresholds.
• Monitor Congestion: Pause contracts if maintenance outweighs rewards during network spikes.

6. Comparing Genesis to Other Cloud-Mining Services

7. Conclusion: Is Genesis Worth the Maintenance?

Genesis maintenance can total 20–30% of mining revenue when you add fees, power, depreciation, and commissions. For hands-off investors lacking on-site infrastructure, the predictability and managed operations justify the margin. If you have sub-€0.03/kWh power or enjoy managing ASICs yourself, self-hosting or spot rentals may yield higher ROI.

8. Frequently Asked Questions