Yep all the “maintenance fees” go to the developer that made that page.
NOW is a good time to double down on this ponzi! A “never before offered” 12% discount to valued, captured customers only! Can you believe your luck? They have technical difficulties for 48 hours, but they are back now with celebratory discounts! Unbelievable? Well, if you are ‘invested’ you can probably believe it!
My theory is they caused the issues themselves as a new sales ploy…
I have it on good authority that their site is breaking Authy, Shopify, Google, and Youtube with 10,000,000 new signups per hour.
Much break the blockchain too…
With Mike making the price of BTC fall.
I wonder when GM will cut their contracts with customers if it goes lower than $300.
You think he did?
I think he had a general impact. Not directly though.
I see the markets already picking up the difference back towards 400+ though
Does anyone have experience with their X-11 mining? Profitability etc.?
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I saw GM on the Miami conference list to talk about “mining opportunities”. Was anyone at the conference to watch him GAW it up at the podium?
I suspect they’ll eventually push users to mine alt coins soon™ coming closer to the halving.
Or just cut contracts like they have been doing.
I think after this next difficulty increase my 250GH/s contract won’t be paying out much if anything… at the moment it is only paying ~4500 sat
Prepare for cancelled contracts…
No surprise. Why should GH be the only ones having a hard time in keeping up with the arms race. I think some people are still ignorant to the fact that the networks hashrate has increased +2.5 time in “just” 4 months.
At this rate current gen hardware may have a tough time making it profitably to halving.
Double digit difficulty adjustments every 2 week hopefully have to stop sometime
I know. That’s why I said what I said. The networks hashrate doubling was calculated with the new hardware coming out. 100’s of millions in VC thrown at some companies resulting in almost 3x the hasrate in such a short time wasn’t and couldn’t be anticipated.
Indeed, we are well past the 1 exahash/s mark now and still climbing so it will be a rough ride.
Meanwhile at Genesis Mugging…
Just got the following email as well.
I’m assuming the drop in maintenance is only for new contracts…
lifetime contract holders