Wednesday July 26, 2017

Total BTC mined: 0.0
Total BTC mined USD: $0.00 (based on current exchange rate)
Total Spent: $1891.50
Remaining to break even: $1891.50
ROI: 0.0

Checked Genesis Mining this morning and still all zeroes in the dashboard. I submitted a ticket to their support and on the confirmation page they had a message that IT problems have held up all payouts from displaying correctly past 7/20. They claim that mining is happening as normal and that all will be revealed but it’s tough to see that happening anytime soon.

Not gonna lie, pretty nervous.

Aside from my mining issues, there is a lot going on in the cryptocurrency world. Bitcoin dropped roughly $175 since my post yesterday over concerns the currency will split in two with Bitcoin (BTC) and Bitcoin Cash (BCC) competing for the namesake. Users of BTC *may* receive BCC coins (think of it as a dividend) but some wallets like Coinbase say that they won’t be able to award them as the technology is incompatible with their wallets.

There was a series of articles published this morning claiming that a group of developers and miners will activate UAHF (translation the split) but it has not been attributed to any sources so it’s market manipulation at this point and not hard fact.

The drop in bitcoin has continued to weigh heavily on other cryptocurrencies with Ethereum now bouncing between $195-$200 off last week’s high of $230 while Litecoin has been testing sub $40 from highs of $45-46 last week.

24 Hour Losers

24 Hour Winners
EMC2 +60% after the currency was “unparsed” for trading

Today’s picture comes to us from Angelo Su.