An Overview of the Current State of Bitcoin Cloud Mining

By March 20, 2015Bitcoin Business

Earlier this year, the leading Bitcoin Crypto Exchange and Cloud Mining service provider Cex.io had suspended Bitcoin cloud mining services citing a drastic plunge in the cryptocurrency ’s price and an increase in network difficulty .

“ Mining with using User’s Gigahashes can be stopped by CEX.IO if the amount of the Maintenance Cost exceeds rewards for each mined block or if the mining is economically inexpedient.”

Other cloud mining companies are also feeling […]

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