Quote from: thevictimofuktyranny on January 26, 2015, 05:12:28 PM

Quote from: Minimaxa on January 26, 2015, 10:10:07 AM

Quote from: julian071 on January 25, 2015, 09:26:28 AM

Quote from: Zeta0S on January 25, 2015, 02:46:45 AM

Quote from: BankToTheFuture on January 25, 2015, 01:17:12 AM

Quote from: Minimaxa on January 25, 2015, 12:48:28 AM

This is plain thievery.

At this rate of 10 to 1 conversion it will take 30 years to recover the amount of the initial investment.

If BTC was regulated and a legitimate finance company did this they would be closed down.

Stay very far away from this company this is a sincere warning, this is a scam.

Have you ever invested in a stock that went down and your stock broker gave you the opportunity to swap it for a better performing stock after the fact?

No "regulated or legitimate finance company" would do that for you, but GM just did.

I would be grateful?

lol, your so right!

+1. If there is somehing sincere about that post, it's that it's sincerely stupid. Sorry to be using such words but accusing a company of thievery when you are actually being offered something for free is just plain wrong.

It is not for free you fucking moron I have already paid them in full and they kept the scrypt hardware.

Dude, you are not the only miner who has lost money in this new sector of the economy Wink

I bought 200ghs at pbmining, which went bust 2 weeks later. Hashie when bust in Janurary as well, but because I had AMhash GHs, the manufacturer rescued it's investor. Everyone, who had Gen 1 Hashie hashpower lost out. Genesis mining got 40% electricity reduction for it's customers, which is why you still have Scrypt cloud mining.

Zeus mining: all its cloud-mining customers lost everything this Janurary (10 day electricity rule). CEX.IO, all it's BTC cloudmining customers lost everything in January (10 day electricity rule). Huh

People who bought KCnminer Titans were looking at $2,500 losses (with LTC price rise, they may breakeven). Everyone who bought 750TI's and R9 290 have been mining at a "TECHNICAL LOSS" over this Winter Huh

This is what happens, when to many people think they can mine and convert into Fiat Currency e.g. they have no interest in saving their crypto currency coins.

Because, you are with a well managed company (Genesis mining), you still have cloudming hash Wink

Good point. I think a lot of people buy into the idea that the more money they pour in to mining the bigger the payout later when in actuality I've had more luck buying small increments of hash power which can reach ROI in a few months then using the mined coins to buy more. Mining is a risky business at this moment, you can either wine about it, or try to make the most of it by turning it into a learning experience.