[2015-09-04] DigitalBTC Reports Mounting Net Losses Due To Bitcoin Volatility

[jdebunt]

http://digitalmoneytimes.com/crypto-news/digitalbtc-reports-mounting-net-losses-due-bitcoin-volatility/

Bitcoin mining has been in a state of flux for nearly a year now, as there is hardly any money to be made.  Even cloud mining providers are struggling to make ends meet, with the low Bitcoin price not doing anyone any favours.  Australian-based Bitcoin mining company DigitalBTC reported severe losses before and after taxation.  Things are not looking that good for Bitcoin mining companies around the world right now.