Twitter-Chain - Genesis Mining Announces That CryptoNight Hashpower Has Become Completely Incompatible With Monero

Via the company's Twitter account, Genesis Mining has announced that its CryptoNight Hashpower mining hardware has officially become incompatible for those interested in mining Monero.

The company attributes this incompatibility to Monero's recent conducting of a Hard-Fork protocol in an attempt to prevent the use of new ASIC Antminer hardware released earlier this year.

Consumers that already use the programme to mine Monero will find this a shocking and enraging surprise. But Genesis is working on preventing further confusion and alleviating the anger of those that currently use CryptoNight.

According to its subsequent tweets, users will be made aware of the sort of hash power that they are being sold. Offering those unfortunate to have invested in Monero hash power with replacement hardware and GPU's that are capable of mining Monero at no extra cost.

In the company's third tweet, they made clear that those inconvenienced would also receive three months of mining for free as part of its apology for the inconvenience.

While these developments are in their very early stages, reactions may range from the sanguine to the thoroughly enraged. But Genesis Mining's immediacy in taking action to address this problem is, at the very least, commendable.

[FREE] Get Our Best Crypto Trading, Mining & Investing Hacks:

*Action Required* Enter Your Email To Get Insight For Trending Coin News & Reviews

I will never give away, trade or sell your email address. You can unsubscribe at any time.


Please enter your comment!
Please enter your name here

4 × 3 =