Alleged Fraudster Arrested in China Over $15M Mining Hardware Con

Alleged Fraudster Arrested in China Over $15M Mining Hardware ConWhen making investment decisions it is always important to remember the old saying, “If something looks too good to be true, it probably is.” This is especially true if anyone promises you a bitcoin mining rig, which people wait for months in advance, at just a third of the retail price. Also Read: Silicon Valley […]

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BTC Prices Below $8K Could Spell Disaster for Bitcoin Miners

BTC Prices Below $8K Not Good for Some MinersAccording to a study conducted by Wall Street analyst, Tom Lee’s agency, Fundstrat, BTC prices below the $8K range make it awfully difficult for miners to gain revenue. Lee details that at a global average rate of six cents per kilowatt-hour, some BTC miners are either breaking even right now or mining the cryptocurrency at […]

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