
“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:
Judge in Silk Road criminal case says Bitcoin is as good as money
Total U.S. Public Debt Now Eclipses GDP
Kicking The Iraqis When They're Down
Glenn Greenwald: Low-level NSA analysts can spy on Americans
The Revolution of Brazil – An Interview
Senate considers Bitcoin regulations
“Close Guantánamo Prison!” — Karzai’s Ultimatum to Obama
British Journalist Jailed Without Trial for Covering Child Sex Trafficking Trial
Atlanta High School Has A Rifle Range
A Wider World of War: U.S. Special Forces Deployed to 149 Countries in 2017
New Hampshire Cops Kill Man Fleeing Drug Sting
"U.S. homeland security has forced terrorist groups to target Americans overseas"
Dutch government answers questions about Bitcoin, indicates Bitcoin taxable
Facing the Onset of A Global Taxation Regime, Take Human Action
Why Is JPMorgan's Gold Vault, The Largest In The World, Located Next To The New York Fed's?