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RE: Ambis, Bitlake, Bitmount, MicroHash Just Died.
Ha ha.. 😀 Some Cryptocurrency Mining sites growing like blooming mushrooms.. But getting scam very soon..
I'm very lucky.. because i was waiting to invest in MicroHash.. But i didn't.. 😊
I am currently doing 'damage control'. I have only 'Thunderbit' that is running, but I have stopped compounding with Control Finance and I am going to alternatively reinvest and redraw from Bitconnect until I have my initial investment in Bitcoin back.
Genesis Mining, I hope I can recover 75% of my investment within 2 years to come. But not sure of that.
Bitclub same thing, I think it will take 2 years to just break even in btc invested.
I hear that Genesis Mining also scam... Is it correct...? What about Swiss Gold Global..?
if you have no problem with tricking others into Genesis so that you get investments from outside your own money, then yeah it's possible to break even or even make some profit.
But remember: the more miners the smaller the slice of the cake each miner gets.
So in a few years from now, the mining model will totally collapse because only a few on the top are getting their investment in btc back.