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RE: HashFlare - Contracts Change
Not happy. Recently bought over 25TH because of the lifetime contract. Was going to slowly bring that to 100TH over the next year. Not anymore. Hopefully Genesis won't do the same thing when they get Bitcoin Hardware again.
Is there an approximation of Genesis Mining replenishment?
I am very disgusted by the action of Hash Flare, besides that I have no confidence; who tells me that one day they will not change their contract to go from 1 year to 1 week? Since their CGU allows it ...
They can do it and probably will. Bcs there are still more and more people "smelling" the fast money and risking...at first just a few dollars, then more and more. I COULD be a sign of scam, but also a reaction to the changing market conditions. Although it was announced very short, too short for my opinion. There seems to be a certain panic within the miners-business which we, as the customers, don't realize yet. We will see very soon.
Panic over hardware supply? I can see there being a problem of 1 country holding onto the hardware as long as possible to keep an edge over competition.