“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/
(Visited 38 times, 1 visits today)
Related posts:
De Facto Travel Restrictions Now Exist For Americans
Congress’s Plans to Lock You in
Ninth Circuit Gives the A-OK For Warrantless Home Video Surveillance
The definition of karma: PayPal president's credit card gets hacked
Canadian Law Bans Concealing Face At Protests
Cheney Admits that He Lied about 9/11; What Else Did He Lie About?
Cops Can Track Cellphones Without Warrants, Federal Appeals Court Rules
Tell me again… which of these nations is communist?
RIP Mikhail Timofeyevich Kalashnikov
Western diplomats report Israel behind bogus Iran nuclear data leak
Google stands up for Gmail users, requires cops to get a warrant
The Ten Most Disturbing Things You Should Know About the FBI Since 9/11
The Fed Can’t Stop Printing Money … or Else
300 Year Old Russian Watch Factory Raketa Accepts Bitcoins
The Senate's New Plan to Expand Indefinite Detention and Endless Global War