Post
Topic
Board Service Announcements (Altcoins)
Re: Genesis-mining.com || World's leading hosted Scrypt hashpower provider!
by
IanFoxley
on 05/10/2014, 06:52:37 UTC
@Genesis Mining

Considering the huge price fall in the last days at which price you stop mining coins ergo we dont get our daily payouts. This is a very important question. At which price your mining operation is no longer profitable and you have to stop?



mfg dead

all good till btc hits about $150


If BTC will trade at or below USD 150 for more than 20 days than our contacts will be deleted?
Or will we become some satoshi after a price recovery of BTC again?

Sorry for these negative questions but at the moment the price of BTC goes in the wrong direction.  Sad


Kind regards, Smiley
Zorro

I don't know Zorro, perhaps if you told them you were quite happy to keep paying them for maintenance for longer than 20 days then they would keep it open for you. I think they have that rule because if they did not, then people would be saying they were thieves etc for taking money from you for ever and ever. Perhaps if you have a small amount of hashpower, so the fees each days are just a few cents, you could probably keep it going for longer than 20 days if you wanted, but I think, for those who are having 10 USD or more in fees going out each day, then they would really be wanting to have their contracts closed down as quickly as they could.

Just a thought anyway.