Chinese Bitcoin Mining Alliance Denounces Ponzi Schemes in Transparency Push

Hong Kong meeting

A consortium of major bitcoin mining companies has actually pledged to be more transparent in its operations, particularly on the source of cloud mining payments.

Consisting of major China-based bitcoin mining companies ASICMiner, Gridseed, Rockminer, XBTec and ZeusMiner, the group boasts that the partnership has actually resulted in the “the greatest alliance ever in cloud mining history”, according to the main announcement.Continue reading at CoinDesk

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