Post
Topic
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
diabLEEca
on 12/01/2015, 13:19:03 UTC
CEX.IO Temporarily Suspends Cloud Mining Services

http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/

Quote
Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.



DOOM

Wait, isn't that actually good news for the price? I see you guys complaining constantly that there are too many miners and thus the supply is bigger than demand. Am I missing something?