Is Bitcoin Mining Really a Ponzi Scheme? (Op-Ed)

By June 6, 2015Bitcoin Business

Whether Bitcoin mining is profitable is not a simple question to answer. With community discord that’s almost as hot-blooded as the block size debate , one will notice that even after delving into digital currency technicalities for months, there is just no general consensus on the profitability of cloud mining.

For those who are unaware, Cloud Mining is the process of Bitcoin mining utilizing remote servers with a shared pool of processing power owned by […]

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