AntPool even stopped paying out for a a few days waiting for BCH/BTC to drop on the way down and then paid out the miners. Total scam artists
You realize they pay out in BTC and BCH so the USD equivalent means literally nothing. Claiming everything they do is a scam is the mark of ignorance.
You earn .8 BTC
Payout delayed 3 days.
You still get your .8 BTC.
How is that a scam? How exactly do they benefit from it?
Doesn't matter if they pay out in BTC or BCH, you think they're not converting that BTC and BCH into USD when the price is right? Unless I'm misunderstanding, they would benefit by converting their BTC and BCH into USD while the price is high, then the price tanks and they release everyone's money in BTC or BCH which is now worth less. Who knows though, just speculation.
This.
First of all it is disgraceful for them not to pay out when they say they will (in black and white in their terms and conditions) for no apparent reason, with no compensation. Look up the meaning of 'time value of money' (regardless of whether the market is going up or down)
Second, I want my BCH/BTC in a falling market paid out quickly so I can cash out daily at the higher rate before it falls. You won't find them doing this in a rising market I'd wager.
Third, as has been posted above, it gives
them the
option to cash out at a higher price, wait several days then they can buy them back at a lower market rate and pay them to you then. Profit to them
Maybe I'm ignorant as you say, but I'd rather not have any of those things happen to me while I'm running a farm.