Post
Topic
Board Service Discussion
Re: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁
by
pawel7777
on 11/04/2015, 22:44:54 UTC
Information will be provided by BitFury too.

Until then you can rest assured as BitFury's partnership is confirmed with Bit-X!

While its true BF has confirmed the partnership, its worth pointing out that if bit-x doesnt directly control the hashpower, it adds another layer of risk. If BF goes tits up, you lose your investment. If Bit-x goes tits up, idem ditto. All other things equal, its always safer to invest directly with the owner of the hashrate.

Yes, but in this case BitFury doesn't sell hashing power to individual customers (don't see such option on their website).

From investors point of view, it could be better to accept 'extra layer' of risk if the price is attractive enough.