Post
Topic
Board Economics
Re: Are the cloud mining sites to go scam?
by
Chris!
on 15/06/2016, 23:03:24 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.

I'd have to agree with a lot of other posts here. Could mining already is either not profitable for the person purchasing it or it's just a cover up for a Ponzi. Definitely don't incest in one right now! You'll never see ROI.