As most miners are aware the current mining ecosystem is changing considerably and thus impacting profitability among the newer ASIC miners, notably the Bitmain D3 x11 Dash miner. The Dash mining sector has been negatively influenced by the massive release of miners and increasing difficulty and as such it has made the units significantly less profitable. Due to a large portion of the ICO capital being invested into these new D3 units;
Affinity Mining will not be able to keep to our designated repayment schedule seen in the Business Model on the ICO website.
This means that Affinity Mine’s will close the ICO and issue refunds to its all affected investors.
We foresee that it is impossible to meet targeted profits as anticipated and based on our ethical business practices, we have taken the decision to reimburse our valued Investors. Due to the size of the refund process we will roll out over the first two weeks of December 2017. All investors will be notified via email. Affinity Mining will begin with Ethereum refunds, followed by the Bitcoin refunds and the fiat refunds. All our affected clients will receive their total investments in the cryptocurrency that was originally deposited.