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CD31: getting started with bitcoin mining with @diverter_nokyc, @econoalchemist, and @roninminer

Citadel Dispatch

CHAPTER

Is KYC Free Bitcoin a Bad Idea?

You're essentially taking on the exact same risk that I personally wasn't willing to do with lending Bitcoin. Because you're lending them your miner. You're paying them a rate to get all those benefits. But there is a massive difference between doing actual KYC AML regulations and, and this particular setup. The difference is when you go to this exchange, you fill out all this information but we're all of your personal details to an actual Bitcoin exchange.

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