There’s been a long history of ASIC manufacturers failing to deliver in the past, and some have been outright scams designed to steal your money. However, a little due diligence can go a long way in saving you from making a potentially costly mistake.
Today we’ll take a look at Veden Miner, a purported ASIC manufacturer based out of Vancouver with US-based manufacturing capabilities. Based on the information we’ve been able to gather on the company through their marketing and interactions with their CEO, we think Veden is highly unlikely to deliver a product at all. Here are some obvious signs:
At WariHash, we are building a “Hash Market”. A hash market is an online marketplace where you can buy and sell hashing power. In this article, we will explore the benefits of buying hashing power through a hash market, rather than a traditional cloud mining provider.