Post
Topic
Board Mining speculation
Re: I am out of the mining game :(
by
X7
on 31/08/2014, 18:48:50 UTC
Another trick is to have 2 different companies set up where manufacturer sells the units to the mining company at the same price as they would to any other customer. The mining company can write off the cost of the miners against the returns. A loss will not matter because it is all on paper and the BTC does not change. This is a scam that is legal in the my neck of the woods.

Good ol' selling from the right hand to the left hand?