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Garza Shuts Down Zenminer Mining Services Without Notice
31 January 2015 | Aleppo Allesadero | btcfeed.net
It has come as a shock to the system and the turning point for many Bitcoin mining services, but with the price slowly falling and falling many have been pushed out of the game. With PB mining already out and even CEX.IO anouncing their temporary leave, the future of Bitcoin looks uncertain. Now it comes as a a shocking announcement (but not for some who may have anticipated this sort of behavious from Josh Garza), that the Zenminer Cloud Mining services have shut down.
The service shut down abruptly leaving customers with now mining power and nothing to show for their money. The company gave no announcement of any shut down and many customers remain cluesless as to why the service would have shut down with Bitcoin prices still above $200. With the mining operations currently profitable for the miners, due to many products which offered a always profitable guarantee, it has been acknowledged the mining operations may have been unsustainable on the companies part. The announcement below was released on the Hash Talk forums and outlined the current situation for GAW.
