What Is Bitcoin Mining? How to Prevent Bitcoin Scams? | Fortinet

Popularity of various Crypto Currencies come and go. There are a few that get the most attention, while minor ones show up to entice investors and miners. In this day and age, the crypto mining landscape has made it difficult for individuals to make a profit mining new “coins” and investing is either extremely risky or cost-prohibitive for small investors to make decent returns on their investments. With all this said, the sketchy industry of cloud mining has gained traction. However, beware as most cloud mining groups tend to be setup as scams to steal money from naive investors lured by crypto-hype.

https://www.fortinet.com/resources/cyberglossary/what-is-bitcoin-mining#:~:text=Mining%20Scams,out%20there%2C%20some%20are%20fraudulent.

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