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DCC News, page-13

  1. Papina
    98 Posts.
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    13/01/15
    16:33
    Post #: 14577499
    http://www.coindesk.com/cex-io-halts-cloud-mining-service-due-low-bitcoin-price/

    The beginning of the end of bitcoin mining. DCC might be better off burning money on developing a decent exchange and selling off the mining hardware. At least with an exchange they can make money no matter what the price

    They were struggling to sell mined BTC at a profit at $500 back in the June report. This isn't going to end well and there will either be a SPP soon to keep afloat or the whole thing will just collapse .
    DCC Price at posting: 14.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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