With my 17 kw of solar panels going active in about 5 days I wish I could buy an S7.

On the other hand it might be best to wait until Batch 2 so that any bugs get worked out.

Everytime payouts go down or to 0 people start yelling "scam" and "ponzi".

Having lived through GAW, Hashie, BCS and AMHash I know there are in fact scams running in cloud mining.

I do NOT believe GM is either a "scam" or a "ponzi" operation.  I currently have two accounts through GM.

One is 15 Ths through GM the other is 31 Ths through GM-Spondoolies.   My Spondoolies account went to 0 payouts
and is now paying "crap".  I began to wonder what the heck is going on??  I then did the math.

I'm not a victim of some fraud by GM.  I'm a victim of BTC price, Maintenance fees, and BTC difficulty.  As a result I
stand to loose $12,000 USD in my GM-Spondoolies account.  Does GM owe me or anyone else on this Forum a refund, absolutely NOT.

You and I bought a product, and some like me spent thousands of dollars.  It could and has gone bad live with it.  If you can't
handle the problems inherent in BTC cloud mining, here's a thought don't do cloud mining.

Will I still buy contracts from GM, yes.  Will I ever again buy a contract from GM-Spondoolies, no way in hell.

What would I like to see.  The GM-Spondoolies accounts drop maintenance fees for existing accounts, say to .0015/Ghs USD or give us the option
to convert some percentage of our Spondoolies contracts to GM.

What am I also going to do.  Yesterday my contractor installed 60 Solar Panels on my home which will produce 17 kw.  This is classified as
an industrial scale Solar installation.  When the contractor asked why I needed such a large installation (roughly 3 times the usual residential installation)
I took him down to my basement and showed him my 7 LTC miners that have been powered down for about a year.

Once I get a building inspector sign off and my net metering meter installed I start turning stuff on.

Then I begin buying about 5 S7's.   As time going on I will probably have to buy an additional S7 or something better each year, just to compensate for the difficulty rise.

So lesson for all of us.  Learn from our mistakes, accept we will make mistakes and lose money.  Hopefully, make some money.

If you can't take it or afford it get out of the BTC business/hobby or whatever.

I have two accounts with Genesis Mining. One account is with Genesis the second is Genesis Spondoolies account. Over the past 4 days my Genesis Spondoolies account reduced payouts by 50% for the first two days then over the last 2 days I've had 0 payout. This on an account with 31 Ths. The pure Genesis-Mining account has 15 Ths and payouts are what they should be. This is weird. I wonder if anyone else is seeing similar problems.

There is now an offer on the table from Havelock to pay our the AMHash contracts at .0003BTC per unit of the AMHash contracts.  Which works out to about 30% of costs.  I don't like it, but it may be the only way to salvage anything from this mess.  Basically you multiply your GHs on AMHash by .0003 and that's how much you would get in payback in BTC.  Or you can wait and see if something better happens.  I think I'm going to take it and move on.

Since as of 3/22/15 I again have a balance.  Prior I had a 0 balance BTC.  So they must plan on something happening with the balance and at some point resume payouts or why show a BTC balance on customer accounts.  People are yelling SCAM and PONZI.  Yet I never put any money into AMHASH (just converted my Hashie account) and they are no offering to sell anything.  So if they are a scam they are behaving like the strangest mining scam I've ever seen and I've seen a lot of them.

Looks like today was the announcement.  We won't get paid for the downtime, but apparently they will stay in operation and start payouts.  I personally lost 4 BTC but had/have 39000 GHs so restarting is great news (if it actually happens).  The way they behaved in the Hashie mess said they were not crooks, but had something very bad happen.  I absolutely avoid Havelock since their whole thing seems weird.  Lets all hope that AMHash can get back on track and revive the mining operation.

It looks like AMHash is going to make good on their hashing contracts.  It's documented on their site.  People are to quick to yell SCAM with no evidence.  After what they did in the Hashie mess and what they are trying to do now just shows they are a business trying to do right by their customers.  They are not going to pay on dividends from Feb 9 to Mar 9 but are ongoing.  I hope they succeed, but they are behaving like an honorable business.

I've been trying to figure out for almost a month as to why I was shadow banned from HT.  If it hadn't been for Daffy I wouldn't have known I was shadow banned to PM'd me and said I think you were shadow banned. And sure enough.  I think common courtesy would be to tell someone (me in this case) that it's happened and why.