Interesting. Actually having is really good event. And it could be viewed as a 'marker' and indicator.
Which will show us whether cloud mining company is really mining or is only conducting financial operations instead - scamming users and creating a semblance or honest mining operations.
Topic: [2016-07-09] cointelegraph.com| Bitcoin Mining Company Admits Halving Will (Read 359 times)
July 09, 2016, 01:15:28 PM
July 09, 2016, 06:24:07 AM
I personally don't like cloud mining at all, but it's in fact very simple. If people are using the SHA-256 cloud contracts to mine Bitcoin with, it will mean you receive 50% less than when block rewards are 25BTC. That's assuming the company doesn't add any new hardware to their "ming farm". If they add more hardware, then they will also raise the maintenance fees significantly. Either way, it's not profitable.
July 09, 2016, 05:36:08 AM
Bitcoin Mining Company Admits Halving Will Affect Miners Payout From Monday
A day to block reward halving, Hashflare has become one of the first Bitcoin mining companies to inform their miners that the proposed reduction in the mining reward will affect their payout, though it didn’t say by how much.....
http://cointelegraph.com/news/bitcoin-mining-company-admits-halving-will-affect-miners-payout-from-monday
A day to block reward halving, Hashflare has become one of the first Bitcoin mining companies to inform their miners that the proposed reduction in the mining reward will affect their payout, though it didn’t say by how much.....
http://cointelegraph.com/news/bitcoin-mining-company-admits-halving-will-affect-miners-payout-from-monday
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