Last week a company that supposedly builds and sells mining devices had been exposed by the cryptocurrency publication the Merkle. The news outlet revealed evidence of shady activity stemming from the California-based company Foxminers.
Over the past few weeks, an alleged mining manufacturing company called Foxminers LLC has been issuing press releases to news outlets claiming to offer top of the line mining hardware. Foxminers claims to provide a miner with proprietary chips they created that can mine both Bitcoin’s algorithm as well as litecoin’s scrypt. However, with a little digging a lot of red flags pop up with this company, and just recently the Merkle publication ran two exposes on the websites sketchy behavior.
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