According to Navier, the existing two models available come with a lot of uncertainty. In the Compass Mining model, you have to trust another firm of delivering the right machines at the right time, without any damage, and then sign an agreement for hosting, and hope there are no “gotchas” in the contract, Metnick said. Cloud mining firms essentially offer synthetic hashrate, which users have little control over.
Trending
FTX legal team calls for Sam Bankman-Fried’s family to answer questions...
Lawyers representing FTX in bankruptcy court have reportedly argued that former CEO Sam Bankman-Fried’s immediate family should face questioning regarding their personal wealth.According to...