COME Mining's XRP Cloud Contracts Raise Legitimacy Concerns

2025-09-24 04:30

COME Mining has launched XRP cloud mining contracts, igniting debate over their legitimacy due to XRP's non-minable nature. The company asserts that users can subscribe to computing power using XRP and other assets to participate in block production on a Bitcoin-like PoW network. Despite these claims, experts and the crypto community are skeptical, questioning the feasibility of mining XRP and expressing concerns about regulatory compliance. The offering, which includes BTC, ETH, and XRP, lacks clear leadership and verifiable credentials, drawing comparisons to previous cloud mining schemes.

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