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Topic: [2016-05-02]Former Australian Bitcoin Mining Company Reports $1.23m Loss (Read 239 times)

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Former Australian Bitcoin Mining Company Reports $1.23m Loss

Finding a proper business model in the Bitcoin ecosystem is not an easy task these days, even though there are still a lot of ways to make money. Bitcoin mining used to be a very profitable business at one time, but the cost of hardware and maintenance can easily outweigh the profits. Especially if that company runs their mining pool, and has to compete with all of the other miners on the Bitcoin network.

http://www.newsbtc.com/2016/05/02/australian-bitcoin-mining-company-reports-loss/
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