We are now offering customers of Open-Ended Bitcoin contracts an alternative to pay 30-Day maintenance upfront, which will allow them to pay their own maintenance costs on a 30-day basis, instead of a minimum 6-month basis. Please find the new option in your account dashboard.
Last month when we announced that due to market conditions, contracts would be cancelled after 60 days of being inactive, many of you were understandably frustrated.
We’ve been behind the scenes working on a solution and after speaking directly with many of our customers, we have a solution we would like to offer. …Read more
When it comes to mining, there are endless options of turning electricity into your favorite cryptocurrency. You can run mining software essentially on anything these days, whether it’s a smartphone or a high end mining rig. But as always, there is a catch and it’s called efficiency. While you can theoretically mine Bitcoin on your smartphone, the phone needs much more energy per hash than a mining operation that has been optimized for efficient energy usage.
Since the end of last year, miners around the globe are struggling to stay in the game. All this time we kept our eyes on the market and followed your comments regarding the heavily declining mining rewards. We were of course very uneasy about seeing our customers not getting what they expected.