Post Tagged with: "bitcoin mining"

The Subversive Message Around Bitcoin Rings Hollow

by February 11, 2016 at 12:29 pm 0 comments

What is to be made of arguably the most polished subversive message on bitcoin that was released recently? A video venture called Silver Lake Studios released a video called “Move over PayPal – There’s a Newer Money in Town” that touts bitcoin as the epitome of subversive financial movements. The videoRead More

Most ‘Bitcoin Cloudmining Operations’ Are Ponzi Schemes

Most ‘Bitcoin Cloudmining Operations’ Are Ponzi Schemes

by April 27, 2015 at 11:56 am 0 comments

Hey buddy, wanna buy some bitcoins? It’s buyer-beware in the world of bitcoin cloudmining, with as many as 75% of those purporting to provide the service being fraudulent, according to a bitcoin mining industry expert. Cloudmining allows users to invest money up front in mining operations and get bitcoins out the backendRead More