Catalyst: Now you can mine Bitcoin with any ASIC or GPU.
Catalyst uses smart coin-conversion technology to allow you to mine Bitcoin with any miner. Miners remain in control of their hashrate as they keep hashing in the Altcoin network while being rewarded in Bitcoin, aka Digital Gold.
Mine Monero get Bitcoin, Mine Zcash get Bitcoin, Mine Sia get Bitcoin, Mine Decred get Bitcoin, Mine LBRY get Bitcoin, Mine GRIN get Bitcoin, Mine Horizen get Bitcoin, Mine Komodo get Bitcoin! In the future, we are enabling partial conversion to Bitcoin so you'll be able to get Altcoins as well. #HODL.
Let's know your thoughts on Catalyst, we're going to implement improvements based on your feedback!
Full article:
https://medium.com/luxor/catalyst-mine-altcoins-get-bitcoin-e1bbc2258cc4This is NOT the same as mining Bitcoin to my understanding! This is just mining altcoins,,, and then selling it or converting it to you guys for BTC. So you actually lose much more because for sure you will charge the exchanger a fee or a commission.
Why not just advertise as mining altcoins? Then it is clear what this is.