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RE: HashFlare - Contracts Change

in #bitcoin7 years ago

Is there an approximation of Genesis Mining replenishment?
I am very disgusted by the action of Hash Flare, besides that I have no confidence; who tells me that one day they will not change their contract to go from 1 year to 1 week? Since their CGU allows it ...

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They can do it and probably will. Bcs there are still more and more people "smelling" the fast money and risking...at first just a few dollars, then more and more. I COULD be a sign of scam, but also a reaction to the changing market conditions. Although it was announced very short, too short for my opinion. There seems to be a certain panic within the miners-business which we, as the customers, don't realize yet. We will see very soon.

Panic over hardware supply? I can see there being a problem of 1 country holding onto the hardware as long as possible to keep an edge over competition.