About 2 weeks ago, my major mining account on hashing24 accidentally lost its entire mining contracts! That was the beginning of a new approach in considering bitcoin mining for me. I want to briefly discuss the experience with us here. Buying the contracts.... I think this is the most interesting part of the journey. Thanks to the positive experience we had mining Bitcoins from last year. I purchased my contracts with all convictions that all will go well and the profits will keep coming. I don't think I have ever mined bitcoin at a loss before so I didn't know what it was like until it happened this year. I even purchased some of my contracts from people who were ready to sell theirs on auction at hashing24 and I thought it was real cheap. Indeed it was really cheap until I could not keep them and Bitcoin kept slumping. Really, it was fun getting these contracts. I felt like I was doing the best thing I could for myself. Maybe It really was Keeping the mining Contracts... When bitcoin mining became unprofitable due to the constant drop in price and hike in mining difficulty , I first lost the contracts in one of my mining accounts. Then it was very little and I didn't feel the weight much. And sooner, hashing24 gave us the ability to reclaim the lost hashrates which I did. But it was just the start. Before long, I was depositing money into my account to pay for the maintenance fees and I would get mails like this one. The good part is that, the larger the contracts you have with hashing24 the more you have to pay! Paying daily without the ability to paused one's mining machines would mean one had to pay for as long as the mining remains unprofitable. It comes down to how much faith you have in the price of Bitcoins going up! I had much until Losing the Contracts... I lost my contracts! I was actually writing exams during this period and didn't have much time to monitor my account From my own count, I had one more day to make the payments after receiving 2 mails from hashing24.com that there isn't enough money in my account account to pay for the fees any longer for a consecutive 2 days or so I thought. On the supposed 3rd day, I logged in to discover that all my contracts were gone! At first, I felt worse than I can explain. The first thing I did was to chat with their customer representatives I did so with little hope of obtaining any assistance beyond referral to someone else who has an upper hand that could help me. It was worse. There's no one he referred me to. I wrote to hashing24 support via mail and got same response back. I had decided to chill and watch how things go. Somehow I am convinced that I might just save some money that could have been used in paying for the fees because mining IS STILL UNAPOLOGETICALLY UNPROFITABLE! That's it. Even now, mining is still unprofitable and am still saving some money. But that's now... My Future plans about mining I still have plans of getting back into mining with hashing24 in the future. I will start with buying contracts with less maintenance fees because those are profitable even now and with be for longer. Secondly I will be patient this time (I really hope so!) and won't ride with whatever wave crypto might be throwing when am ready. I feel it's going to be a bullish one. I intend to wait for bitcoin mining to become as bad if not worse than it is now and then grab some mining contracts at whatever best rate I could probably through auctions! It's going to take a lot of focus and patience but am ready for that! For those that are still mining Now! I don't think it's worth it losing your contracts as long as you can keep financing them for a few months especially if you'll be financing it from the profits you have made during the good mining days. That's actually what am doing with one of my accounts! But if it comes to putting in your money from another source, I suggest you should seriously consider it! What's your own input? Are you still mining? Are you still paying the fees? What's your thought about the future of mining in the near and far future?