.... I hope genesis mining can successfully cope up with the increasing mining difficulties for better profitability.
I think business is quite hard. I'm not seeing a single ref buying fixed contracts anymore, not just for Genesis-Mining but also other cloud mining providers. None for days, and I don't see a solution any time soon. Rather more downfall. Hopefully something good will pop up and reignite the mining light, but with dropping rewards not many will buy at current prices. If this downward trend keeps up then I even wonder whether Asic miners will still continue, much like the GPU miners dropping out because of reward versus powerbill
Be Fearful When Others Are Greedy and Greedy When Others Are Fearful - Warren Buffett