I don't know what really happened behind the scenes at Genesis Mining, but they told us they run out of Bitcoin Contracts because they did not have more machines to mine. So they run out of equipment. There was talk that they are working on a huge new mine farm in new location, but they have not revealed it to us. They don't give out much details unfortunately.
They sell a lot of there hash power to other companies like Bitcoin Club Network, and maybe they are doing more wholesale deals then retail sales with us.
USI Tech has just bought a $70 million mining farm. Maybe it was from Genesis Mining. USI Tech is still new kid on the block regarding mining, but my new mining purchases are with them for now.
I think I will get to $200 per day easier with USI Tech than Genesis Mining.
Thank you for your comment @abh12345
Hi Colin, thanks for your feedback.