Bitcoin mining re-enabled
Posted: Tue Jan 15, 2019 6:52 am
Bitcoin mining has now been re-enabled. Last week, we had temporarily disabled bitcoin mining due to ridiculously poor luck. We ended up with a reserve of -10 bitcoins, which meant that we were getting to the point where we would have had to spend some of our dollars buying bitcoins to pay customers.
With bitcoins disabled, the pool mining mostly bitcoin cash, and our having good luck, reserve increased by 110 BCH, and we are now above zero again. We can keep bitcoin mining enabled until that reserve is lost due to not finding a block. If we do find a bitcoin block, reserve will be so high that it's unlikely we'll have to disable it again. Re-enabling bitcoin mining will improve profitability slightly.
Thanks for your patience while we had bitcoin mining disabled.
With bitcoins disabled, the pool mining mostly bitcoin cash, and our having good luck, reserve increased by 110 BCH, and we are now above zero again. We can keep bitcoin mining enabled until that reserve is lost due to not finding a block. If we do find a bitcoin block, reserve will be so high that it's unlikely we'll have to disable it again. Re-enabling bitcoin mining will improve profitability slightly.
Thanks for your patience while we had bitcoin mining disabled.