I’ve been a customer of SupplyBit since the beginning of 2022, and overall, my experience with the company has been positive. However, in March 2023, the closure of Silvergate Bank left SupplyBit unbanked. As a result, they invoked the Force Majeure clause in the contract and stopped all mining operations, suspending all operating agreements. I understand that it can take time to open a new bank account given the current regulatory environment. However, the compensation that SupplyBit is proposing for the missed hashing time is inadequate. Adding more time to the end of our contract doesn’t take into account the changing reality of the mining industry, where timing is crucial. Mining difficulty has increased by 16% in the past two months, we’ve had a spike in transaction fees in May 2023 and there is a halving event coming up early in 2024. To address these issues, I am putting together a group to discuss potential solutions and to amplify our collective voice. If you want to be part of this group, please use the contact form to get in touch.