instant payouts / quicker mining / GPU mining
To be honest, there are a lot of scams, so the only way to make sure this is not a scam is to be able to instantly pay to the wallet since the mining speed is really slow and a lot of time would be spent on this if it is a scam, not to mention viruses and spyware. You could also use GPU mining or speed up the mining to let us reach 5000 quicker.
I've been using this app for a few years now and never did this company miss a payment or gave me any reason to doubt. Groupfabric is a reliable and robust name in the crypto space.
AdminAlex (CEO / Founder, GroupFabric) commented
Regarding the 5000 Satoshi minimum payout – it is set to this with very good reason:
1. Most wallets charge fees on amounts smaller than 5000 Satoshis, and some on amounts smaller than 10000
2. Bitcoin Core’s minimum transaction relay size is 2730 Satoshis; amounts smaller than this do not get transmitted
3. Bitcoin protocol’s hard minimum transaction size is 546 Satoshis; amounts smaller than this do not get validated
Effectively 5000 Satoshis is the smallest payout we can reliably issue to users as this is determined by the Bitcoin network itself.
The mining pool automatically issues payouts every week to accounts with balances of 5000 Satoshis or more. If you do not have at least 5000 Satoshis during a payout cycle, the balance carries forward (you don't lose it).
The most recent pool payout was issued on March 8th in transaction id 065bd2b33ef031a9998b672d1530577a71263806c01caea0cec61fefb237b8f8, which can be verified in any blockchain explorer. The next payout will be issued on or before March 16th.
In October 2019 we had to replace on-device CPU and GPU mining with cloud mining because Microsoft banned on-device mining from Store apps.
Cloud mining means your computer doesn't do any of the work - cloud means miners are run by GroupFabic where GroupFabric pays all of the power, infrastructure, and hardware costs. A benefit of cloud mining is that Bitcoin Miner doesn’t use any power over your machine’s baseline load.(Edited by admin)