Quote from: julian071 on January 15, 2016, 02:40:28 PM

Quote from: biggbox on January 15, 2016, 02:10:13 AM

I have my pet issues with GM but lets be objective here:

gm is a business entity. Not a social enterprise or charity. Despite the outspoken support for btc, it is still a business and her goal is to profit.

It needs to pay marketing costs, hire engineers, customer service, operation analysts, legal consultants and more. It has to pay taxes, maintain office space, servers, security systems. The staff deserves corporate benefit and bonuses too, similar to you and me in our day time job.

After dabbling in bitcoins for a few months and had experience in other sites and talked to miners, many of us would notice gm's payouts per 1 th/s do not make economical sense. This is a fact

But what is the advantage of engaging gm's service: It is the most reputable and open organisation in the busines, u dont have to be concerned with setup of miners, endure the noise, and troubleshooting. Time saved is money saved.

Excellent points. I still think it should be possible for them to construct a business proposal that is also profitable for the customer, but still, good points.

Another point: what do you guys think will happen to the SHA-256 contracts now BTC is tanking? There will be a diff change in 11 days, but will the diff lower enough to compensate the lower price? Which contracts will not survive and which contracts will?

Well. My last 2 payouts for a 1.9 TH/s SHA256 contract....

14.01.2016 BTC 0.00225101
13.01.2016 BTC 0.00223717

I wonder when will GM execute its contract termination clause.