@cryptos Will you mine it?
BnkToTheFuture is pitching its ZCash Mining Backed Security. What do you think about this option? Is it worth investing in?
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@cryptos Will you mine it?
BnkToTheFuture is pitching its ZCash Mining Backed Security. What do you think about this option? Is it worth investing in?
Yep, I will be mining it for sure... As for investing in cloud mining even before launch or into Zcash backed security, or some similar project... I would be careful with these.
So let me ask you this... Do you think that we are headed towards a "coin" with "one understanding" or rather a new age with multiple meanings?
It is just really hard to say where were headed nowadays... we have already seen way too many promises going up nowhere...
I would stay away from the ZMBS. They have offered similar funds in the past which have not performed well. BnkToTheFuture has an agreement with Genesis Mining to use their mining farm for such services. So you're really paying for the underlying Genesis Mining contracts, plus a management fee on top of that to BnkToTheFuture. So you'll get a better deal just purchasing a mining contract directly from Genesis Mining. BnkToTheFuture does offer some interesting and worthwhile investments, so it's a good platform to look at, but do stay away from anything that's described as a Mining Backed Security.
Thank you for your reply. A sound advice.