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RE: One year of crypto and...first contact is Eobot

in #cloudmining5 years ago

Eobot only mines bitcoin. They claim that you can mine many cryptocurrencies like litecoin, ripple, stellar etc. but this can not be true. Ripple and stellar can not be mined because they have been created already.
Mining bitcoin is very unprofitable because there are to many competitors who are trying to mine bitcoins and thus every block reward is devided through many miners. In addition every block reward halfs every three years and thus mining refenues will decline sharply every three years.

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