Post
Topic
Board Economics
Re: Are the cloud mining sites to go scam?
by
ardentvolcanoes
on 15/06/2016, 15:04:00 UTC
Just a thought,

After bitcoin halving , the block reward will be reduced to half. So the profit will be decreased by 50% for miners.

Right?

Then what about the mining companies like hashocean? Will they shutdown?

Replies are welcome.

Ps: Correct me if I'm wrong on any thought.

we don't know what would happen after that bitcoin halving but for this time it is not a good idea to invest on some cloud mining sites or any online investment i guess . maybe hashocean will shutdown their site or not we don't know . there's so many opinions and some saying that most of them will turn to scam to be careful with that it is a good idea to hold your bitcoin at this moment .