“The Miners Are The Foundation Of The Entire Bitcoin/Blockchain System”
The Entire Eco-System Would Crumble If The Mining Of Bitcoins Became Unprofitable.
Over $500,000,000 in Venture Capital has been Invested In Bitcoin’s
BlockChain Related Investments in the last Three years.
The Success of those Investments Depend Entirely On The Transactions Being
Processed By The Miners!
Why is Bitcoin Mining a good Investment?
In the next 4 years a total of over 4M BTC (2 Billion USD depending on the exchange rate changes) will be mined by all miners. These types of revenues have led to an unparalleled explosion in computational power and speed. The infrastructure being built to support the Bitcoin digital currency and the Blockchain is currently being driven by the intellectual elite of Silicon Valley, partnered with many of the most successful Venture Capital Investors from Wall street and tech savvy entrepreneurs from across the globe.
Bitcoin and the promise of the Blockchain’s technological revolution has been the driving force behind over 1.2 Billion dollars in worldwide investment by a combination of Venture Capital Investors, Silicon Valley Entrepreneurs, Software Engineers, Large Scale industrial Mining Companies and some of the World’s Wealthiest Investors.
NYSE, USAA and BBVA Make $75M Coinbase Investment
January 21st, 2015
Bitcoin startup Coinbase just got a lot of extra change in its pocket from a record-breaking investment round of $75 million — which is coming from some seemingly unexpected backers.
The financial institutions leading this investment round include the New York Stock Exchange, USAA and BBVA, who have tagged along with former Citigroup chief Vikram Pandit and former Thomson Reuters CEO Tom Glocer.
What Do High Tech CEO’s and VC Investors Think About Bitcoin?