MGTI as a Bitcoin Miniing Investment Play better than Genesis Mining?

in #bitcoin8 years ago

This stock :MGT Capital Investments, Inc. (MGTI) has been featured as a possible Bitcoin Mining investment play. It has John McAfee on=broad. John McAfee, the colorful founder of the antivirus software company, former fugitive and now CEO of MGT Capital Investments stated:“Bitcoin has enormous momentum,” And MGT is stepping up its bitcoin mining.

It is highly speculative but the risk/reward may be worth it. MGT Capital said Monday that it received financing to buy 1,000 mining computers from Chinese firm Bitmain Technologies, bringing the total to around 1,300. It expects to start generating 225 bitcoins per month, up from about 100, which was the most recently disclosed number. The cryptocurrency is currently worth about $2,500 per coin.

Sort:  

Congratulations @cyamura! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published

Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

If you want to support the SteemitBoard project, your upvote for this notification is welcome!