Chinese Bitcoin Mining Alliance Denounces Ponzi Schemes in Transparency Push

By November 20, 2014Bitcoin Politics

Hong Kong meeting A consortium of major bitcoin mining companies has pledged to be more transparent in its operations, specifically on the source of cloud mining payouts.

Including major China-based bitcoin mining firms ASICMiner, Gridseed , Rockminer , XBTec and ZeusMiner , the group boasts that the partnership has resulted in the “the strongest alliance ever in cloud mining history”, according to the official announcement.

The move follows previous cooperative efforts between the companies, which are moving to […]

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