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Author Topic: Problem with eth mining on hasflare.io?  (Read 620 times)
jackg (OP)
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https://bit.ly/387FXHi lightning theory


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June 18, 2016, 08:32:39 PM
 #1

I received this email recently:
Quote
Dear friends,
 
It is our duty to let you know that due to the recent breach in the DAO contracts, ETH mining and withdrawals will be blocked until the breach is fixed.

At this exact moment, the developers of the DAO and Ethereum are working hard to solve the issue. However, according to information provided by the developers of Ethereum, it is possible that a "soft fork" will be created. This means that currently it is unsafe to make any transactions or mine Ethereum due to a possible blockchain revert, which will irreversibly nullify the transactions, leaving all parties without the funds.

We are constantly monitoring the situation and will activate the mining process along with the withdrawals as soon as the solution is deployed on the Ethereum side.

Sales of ETHASH contracts is also suspended until the issue is resolved.

We will keep you updated on the situation.

Stay tuned,
HashFlare.io Team

Can somone verify that this is a general problem with eth mining?
It seems strange for everything to be suspended in such a way, presumably this is just a bug that can be fixed on the Eth side.
If this can happen to Eth, then theoretically it can happen to Bitcoin too? What would this lead to?


Hopefully this doesn't become another cloud mining ponzi runaway, trying to take down the most costly part in orer to save the rest of the site?
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