Topic: [2015-07-30] What are virgin bitcoins and how can I get some? ∙ IHB News™ (Read 241 times)
September 24, 2019, 03:49:13 PM
In June, the Financial Action Task Force against money laundering (FATF) decided to tighten regulation of the cryptocurrency industry, obliging cryptocurrency exchanges and other cryptocurrency service providers to comply with AML and CFT (countering the financing of terrorism) procedures the same way such as traditional financial institutions. Therefore, "virgin" bitcoins are valued much more expensive than usual ones.
July 30, 2015, 04:45:27 AM
...bitcoins or purchasing a bitcoin wallet that includes the unmoved coins is the only you can get a virgin bitcoin. You can not get them from a cloud mining operation, bitcoin wallet company or exchange. Many, if not all cloud mining operations are in fact scams, money laundering operations or ponzi schemes. Just ask yourself this. Why would anyone who has a profitable bitcoin miner, where profitable is defined as:
It mines more bitcoins than it costs, in bitcoins, to operate. The price of a bitcoin does not matter.
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