Post
Topic
Board Securities
Re: Cloudhashing ASIC mining contracts, UK LTD company - Now Mining & Paying Bitcoin
by
msc
on 17/12/2014, 01:26:40 UTC
Thoughts on why the hashing rate plummeted to 1.7 P?
The easiest answer is that they shut down the rest of the miners to save money, or to sell them.  I imagine that some of that hash power belonged to customers, unless those customers have managed a refund or something.  Otherwise they probably could have used the spare hashes to provide RRP when it was originally due 3 months ago.

Quote
After 6 days of nothing mined, something has been mined today. Not alot.
My payment today was 30% less than what I expected.  I assume that they would divvy up the block payment based on today's hash rates, not the average hash rate over the last 6 days, which would be more difficult to calculate.