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RE: Genesis Mining Fraud - Payouts delayed to rip off customers Bitcoin Cash on 1st of August

in #bitcoin7 years ago

Hey I am mining with them. I think it is a poor way how they handled it. i also wrote a block about their comms. check it out if you like:
https://steemit.com/genesis/@attalis/hack-resolved-genesis-mining-resumed-your-pay-outs
This was when they resumed the first payout. They should have been more open about everything. Including the lack of payments they are doing now.
I am not that worried as i am sure we will get our due crypto rewards. Its just annoying to me and their comms give me less confidence in the company.
Good post btw, good you included the twitter account. Upvoted!

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Thank you for the upvote. Well i thought the same about how open they've been about the hacking attempt and so on. Right now it just smells like everything was made up that they have the most btc in their wallets as possible. It's curious that the payment stopped after it was clear that there will be a hardfork.

Yeah i was very happy about the resuming too. But they didn't hold up to their promise of having two days paid in once and now it's a gap of a week which stays. Day by day..

As we cannot take our money out again, i just hope they stay online after 1st of August. Maybe the fork will bring the price down for long enough to cancel all the sha256 contracts in once. If that happens they must be glad they made just an extra amount of money whilst keeping the btc for 1st of August. Many ROI aren't passed atm. Exciting times for cryptos :)