My guess: too many people like CryptNick agressively promoting GM.
How can GM give you extra hashpower instantly? Are the ASICS waiting for you to be activated? Bitclub has delayed the starting of your mining contract from 10 days to 30 days, because they need to buy and install the hardware. And Genesis don't have to?
Two weeks ago, returns on GM started to go down, although they are in btc, not usd.
Explanation: too many new subscribers, so the cake has to be split amongst more people + they probably ran out of equipment, so their hashpower in reality was lower than they let you believe.
And then suddenly after this drop in profitability, 'software' problems, 'website' problems, 'technical' problems, and now it is a hack they say.
Right at the moment when btc soared again :-P
And then they stopped with accepting new subscriptions :-)
They just ran out of gear and hashpower due to overpromotion.
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Could be, interesting theory.
Then again the mistake would be in allowing purchases to immediately activate their hashpower etc before actually having it activated without having a properly calculated buffer as a safety net.