Post
Topic
Board Mining (Altcoins)
Re: [warning] genesis mining misses payouts to customers!
by
marcrblevins
on 16/04/2018, 00:59:52 UTC
Why sue that mining company?

Did you know those rip-off ASIC mining companies gave us CryptoNight algorithm miners issues?

Bitmain and Baikal secretly created ASIC miners for CryptoNight algorithm and ran it for months since December 2017.

Public originally thought it was those botnet miners.

Most CryptoNight coins organizers were pissed off except for ETN when found out it was not botnet miners, but ASIC miners.

Monero was first to report to hardfork in March and then Bitmain and Baikai panic.  Baikal first advertising their POS miners for CryptoNight algorithm.  Bitmain was next to advertised. 

Baikai's model was a 20k h/s ASIC miner and Bitmain's was a 220k h/s ASIC miner.

Normal CryptoNight miner could run up to 6 Vega 64/56 GPUs, total 12k h/s, each rig.

Most CryptoNight coins hardfork to be ASIC resistant recently in March and April of year 2018. 

Now I'm mining for CryptoNight v7 algorithm.

Sue Bitmain and Baikal instead.  They created this chaos mess and we, GPU miners, have not recovered the lost income either...