Are the cloud mining website going to die this year ??

[Charlycop]

Hi guys, I heard the retribution will drop by 50% as a normal process around September this year. Do you think many mining cloud website will not survive this cut ? (I guess if it is Ponzi, they will survive lol)

Thanks.

[Charlycop]

Up, nobody knows !?

[BitcoinNewsMagazine]

There will probably always be ponzi bitcoin cloud mining websites. When the block halving occurs this summer it will be hard to make a profit even with legitimate firms like Hashnest unless they come out with a more power efficient miner than the S7 and bitcoin price rises.

[BitcoinGuides]

My fear is that they have only just begun.