Crypto Winter

in btc •  6 years ago 

To our Pickaxe Community :

It is proving to become a hard Winter for crypto.
Low BTC values on top of low values of most of the MN coins, are forcing us to take action (after action) in order to be able to keep our business healthy.

Effective immediatly, we will only keep :rocket: PREMIUM MN running.
This means that all non premium DEDICATED, SHARED and other NON-PREMIUM MN's (including MCT staking pool) will be dismantled and refunded (within the next 48 hours).
Coins that are NOT affected by this change: BIS, GIN, LOKI, LUX, NRG. All those (premium) nodes will remain active and get weekly payouts.
We are not reducing our quality of services or security.

We are confident that with this major cut we will be able to keep hosting the PREMIUM nodes, without having to cut them down.

We apologize for the inconvenience, but we want pickaxe to be able to stick around and be a healthy business.
Sometimes that means cutting back drastically to be able to get through hard times.

We are hopefull that, once BTC regains it's value and holds it, we will be able to slowly add nodes once more.

We want to thank you all for your support, in the past year and for the year ahead!
We truly appreciate everyone of you in our community!

The Pickaxe Team.

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