F2Pool and WEX withdraw support for SegWit2x

F2Pool and WEX exchange stop signaling for SegWit2x as Bitcoin Price surges past $5,200
13 October 2017   1247

As the possible Bitcoin hardfork comes closer, more and more companies refuse to support it.

According to BitGo engineer, Jameson Lopp, Bitcoin mining pool F2Pool has stopped signalling for SegWit2x.

For now, F2Pool is the third largest mining pool which in its hash power is the second only to Antpool and BTC.top. Its share in the total network hashrate is about 13.19%. 

Bitcoin blocks by mining pool on coin.dance
Bitcoin blocks by mining pool on coin.dance

On top of that, the cryptocurrency platform WEX.nz also states that it will not support the Segwit2x and does not intend to introduce new trading pairs in case of its implementation

WEX.nz on SegWit2x
WEX.nz on SegWit2x 

Thus, the company argues that the management of the exchange considers the possible hardfork to be questionable both for trades and for the cryptocurrency system as a whole.
Though, WEX team details, the hardfork-thing will not interrupt the regular operating mode of the exchange and will not stop the trade.

HashFlare Users to Face Withdrawal Issues

Looks like Bitcoin cloud mining is not super profitable
18 July 2018   117

Users of HashFlare mining pool can't withdraw their funds, while their contracts are threatened with a temporary ban. Even lower restrictions on withdrawal of funds in the amount of 0.03 BTC caused problems for users, but the service raised the threshold to 0.05 BTC and 0.1 ETH . This is reported by Cryptovest.

In addition, financial pyramids are often promoted under the guise of mining contracts for cloud mining. For last few months, there was a big jump in mining difficulty of many cryptocurrencies, so, old contacts had become unprofitable.

As reported, the reason for the locked funds dates back further - at the beginning of June, so much hashing power was flowing into the Bitcoin network that contracts saw all the mined coins go toward their maintenance fee.

Currently, more and more users who have purchased contracts at earlier stages are facing the fact that they can not withdraw their funds. One of them managed to return the money spent through the bank card operator after filing a corresponding complaint.

To anybody that purchased a Hashflare cloud mining contract with a credit card, it might be possible to get a refund with that credit card as one of my followers tipped me. He bought his contracts at the end of 2017.
 

bccponzi at Twitter

The hash rate of bitcoin increased from 13 EHash / s at the beginning of the year to more than 40 EHash / s in recent months. The difficulty of mining in the present conditions depends on the circumstances of the specific miner. The cost of bitcoin mining for some of them is $ 4,400, while others spend about $ 5,800. However, in 2018, cloudy mining is called an even more dubious occupation than before, especially when it comes to mining bitcoin.