Austria Shuts Down Alternative Investment Fund Linked to Cryptocurrency

Cryptocurrency mining can be a very lucrative business under the right circumstances. However, there are also a lot of concerns regarding this particular business model, as some governments don’t take kindly to the idea of mining Bitcoin or altcoins at this stage. In Austria, one major mining operation was shut down earlier this week. INVIA GmbH and Cryptocurrency Mining Over the past year and a half, there has been a sharp increase in the number of companies experimenting with cryptocurrency mining. Given the price surge of Bitcoin and most altcoins throughout the second half of 2017, that is anything but surprising.