“Bitcoin mining companies have several advantages over running a mining operation yourself. The most significant one is that you don’t have to worry about setting up and maintaining mining hardware. Many of these companies have built-in plans to increase their speed as the network difficulty rises, reducing the risk of a quickly diminishing payout. Additionally, selling shares is significantly more liquid than selling mining hardware if you decide not to be in the mining business anymore. The counter-point to these advantages is that you will be paying a management fee of several percent that will come out of profits.”
http://www.thegenesisblock.com/bitcoin-mining-public-companies/
Related posts:
SnapCard launches bill-pay, makes the IRS its first payee
Wisconsin: Increased Penalties for Marijuana Possession Sought
Protesters gather in DC to demand no strike against Syria
NWO: The Enemy of Humanity HD
Japan To Hike Utility Prices By 14-19% As Inflation Surges In All The Wrong Places
BitPay, Toshiba Partnership Will Bring Bitcoin to 6,000 New Merchants
Texas Senate Passes Bill to Establish Gold & Silver Bullion Depository
China banned the letter N after people used it to attack president's plan to rule forever
6 Whopping Government Misstatements About NSA Spying
Confidential Wikileaks Cable (US Embassy in Nicosia) on Russian Money in Cyprus
Video Shows Cop Hurling Woman Face First Into Concrete Cell
John Hussman: Memorize This, Earn a Dollar
Stagefright Patch Incomplete Leaving Android Devices Still Exposed
ACLU Appeals Ruling Allowing Feds to Stay Mum on Drone Targeted Killings
How To Create Your Very Own ETF