Hello miners,
We have started selling hashrate weeks ago with the promise that we would work on providing the best available algorithm at launch or provide a refund if all fails. Those that bought a mining contract virtually knew for certain they would be mining Zcash from the start, for a fixed price and fixed period, without further risk or costs. Development of open source miners had started even before we came with our offer. Anyone that thought they were able to mine themselves or thought there might be better offers along the way could have waited on development of those miners. Some did wait, some will be cloud mining, and some will probably have both cloud hashrate and will be running their own miners as well.
In the past weeks we have worked on building and improving our own miner and made enough progress to improve our hashrate offer twice to the benefit of our customers. The fact that open source miners may be available now, is good news for those capable of building and maintaining personal rigs for home mining, but that does not change our business or offer since we sell cloud mining and we have made the best miners available which are waiting now to be put into action.
The official Zcash launch is now just hours away. We will inform you comprehensively as soon as possible via our newsletter (to which you can sign up through your Genesis Mining account) or our blog http://blog.genesis-mining.com.
For more information also check Schedule for release of the final binaries and genesis block
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Your Genesis Mining Team