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RE: Ambis, Bitlake, Bitmount, MicroHash Just Died.
I hear that Genesis Mining also scam... Is it correct...? What about Swiss Gold Global..?
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.