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Cryptocurrencies are the new Gold rush

Published By: ETF Securities
Author: James Butterfill, ETF Securiti
Thursday July 13, 2017 at 15:00

Cryptocurrency miners are a fickle group, flipping from one currency to the next depending on their ability to mine it cost effectively. Mining has been proving lucrative for them, but as a consequence prices of tools used in mining cryptocurrencies are soaring, similar to the gold rush seen in the 19th century.

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