Dear Diamond Cloud Mining participants,
The Cloud started in September 2014 as a free service for a few core supporters of DMD to conveneintly accumulate coins without the need to constantly monitor markets and setting up loud and enegry intensive mining rigs.
From the beginning it was meant to be a convenience and network support service only. However, a few years later Diamond Cloud Mining has grown to the size that goes beyond its original scope as it accommodated for the needs of many more people than originally anticipated. With the recent astronomical rise of interest in cryptocurrencies and profit generating services in particular we saw the numbers of new members signing in soaring significantly and came to conclusion that the service cannot operate in the current shape and form.
Over the years, DMD Diamond Cloud Mining brought nothing but profits to all those who participated in this supportive action of the Diamond network. With todays notice we stop accepting new members and buying Cloud Mining shares is no longer possible. From now on the only avaliable service will be Diamond Multipool while any BTC that is sent to the Cloud Mining service will be automatically converted to DMD.
Furthermore, the structure of the service and the way it operates has to change significantly, so it's capable to effectively manage such great numbers of participants, we have no choice but to start fresh. This means a complete soft-shutdown of DMD Diamond Cloud Mining, soft means it will run until every person who donated BTC will see green numbers. Shutdown meam if you far in green you will no longer recieve payouts while those who are still behind will keep recieveing rewards until that happens. No single user will be left behind.
As the service is being phased out we will be looking into ways of forming a new service that would be better suited for the mainstream crypto environment and not only a small scale operation. As the market matures it requres different approaches and solutions and that what we would be researching in the coming months.
We want to thank everyone who put trust in us over all these years and supported the network. It was a great experience and pleasure to help so many people getting their hands on precious DMD Diamonds. However, don't forget about us and stay tuned as the future is going to be bright.
Kind regards,
Helmut Siedl
(aka Cryptonit)
If u have questions regarding ur cloud account email
[email protected]and tell me ur registered dmd address
but basically for now in first stage if ur well above 150% return that explains why ur account is shut down (set to ~1 share with minus bonus shares)
the 150% might adapt in future deepending on how well the liquidation of cloud funds and final payouts work out
u can expect the soft shutdown run for multiple months until finished
Thanks for the transparency , as always.
Invested way back in 2014/2015 and easily made ROI, always thought it was a smart mechanism to support the price of DMD, look forward to new things in the future