Last time I was checking vast majority of hash power was in control of few mining pools located in China.
I wonder if that is still the case ...
Topic: "Bitcoin mining is a Big no!" - page 2. (Read 4020 times)
Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
To tell you frankly, cloud mining is just a piece of shit. Out of 100% of your capital your ROI after 6 months or more would be 75% only, if you invest on any cloud mining site. But if you buy mining rig like Asic or others it is much good though its expensive and will give you a high cost sometime in electricity, But I think it depends if the area is a cold place. Bitcoin mining machine can really give you a passive income as well.
Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
I never checked out cloud mining and the real mining and I don’t know which one of them works better. But I know a friend that was doing cloud mining and I believe he was making lots of profit from it, according to what he has said. Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
But after I went online, I started seeing people claiming that cloud mining is nothing and that profits never come from it. From what I’ve been seeing online, seems like both type of mining are not profitable unless you’re able to set up a huge mining farm.
It's up to you mate, I believed cloud mining is profitable if you invested it in the right company. Try to figure out every mining platform you're investing because there are companies that can't give you profit and some of them are scam. It's a matter who and how you're going to choose but if I were you, invest your own mining tools, if you have a capital for solar panel and mining rig din do it.
Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
I think. cloud mining is very dangerous and the risk is quite high, I have tried it and proven at the beginning of the pay and the next payment they have not paid again. I suggest that you make a trade and learn to invest Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
Now bitcoin mining is not profitable because the difficulty of maturing the coins are taking too long. So now we are in an unpredictable situation so if we are not making profits better stay away from bitcoin mining otherwise expenses of power consumption will be more.
Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
the decision is in your hands, if you want to get a lot of bitcoin you can do it by mining, but in this way you need huge capital for the mining needs.Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
according to my advice, you should just do trading to get a lot of bitcoin, with your diligence and ugliness you might be able to generate bitcoin with a lot.
Bitcoin mining is not the option for me to make passive income because I doubt if one will make enough passive income to cover for his investment. I am yet to see anyone who completed his cloud mining without any issues along the line. Majority of the cloud mining firms are scams. Just buy your bitcoin and hold.
Bitcoin miners know that the price is not increasing for long time and the profit mark=gin is very low because of low bitcoin price in the market, that’s why they are dishearten and now they are also thinking to start some regular business. In these days mining is just a waste of time and money. It is better to change your profession for good future.Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
To tell you frankly, cloud mining is just a piece of shit. Out of 100% of your capital your ROI after 6 months or more would be 75% only, if you invest on any cloud mining site. But if you buy mining rig like Asic or others it is much good though its expensive and will give you a high cost sometime in electricity, But I think it depends if the area is a cold place. Bitcoin mining machine can really give you a passive income as well.
you can ask for some advice and recommendation.
Most of the miners are in Asia, because the cost of mining is low in Asian countries. In west the labor cost is high and miners cannot save handsome money. That’s why they are quitting mining or mining very small quantity. Mining is no more profitable and when there is no profit why one should waste time and money in such activity or business.
why can't it be big ...? , because bitcoin has not been officially used as a currency, and many do not know bitcoin, therefore bitcoin cannot be perfect yet. If bitcoin can often make campaigns, it is likely that bitcoin can be a big mining
Bitcoin mining before is much profitable but when the value rising it became too hard to get profit in mining but still there are company that continuous using this method to generate income and i do not know if there are still individual who are continuous mining even this time which very hard to mine bitcoin.
With the fallen prices in btc, mining is not recommended and I do not intend to do it. It is better to upgrade your skills in trading, identify investment opportunities with ICO coins can yield you much profits in the short and long term rather than mining the coins now.
Bitcoin mining before is much profitable but when the value rising it became too hard to get profit in mining but still there are company that continuous using this method to generate income and i do not know if there are still individual who are continuous mining even this time which very hard to mine bitcoin.
Bitcoin mining is not the option for me to make passive income because I doubt if one will make enough passive income to cover for his investment. I am yet to see anyone who completed his cloud mining without any issues along the line. Majority of the cloud mining firms are scams. Just buy your bitcoin and hold.
Bitcoin miners know that the price is not increasing for long time and the profit mark=gin is very low because of low bitcoin price in the market, that’s why they are dishearten and now they are also thinking to start some regular business. In these days mining is just a waste of time and money. It is better to change your profession for good future. Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
the decision is in your hands, if you want to get a lot of bitcoin you can do it by mining, but in this way you need huge capital for the mining needs.Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
according to my advice, you should just do trading to get a lot of bitcoin, with your diligence and ugliness you might be able to generate bitcoin with a lot.
Bitcoin mining without any devices only android won't work but if you have gpu's and miners installed on a computer you can mine bitcoins.
Mining won't work with mobile phones only. Mining is preferred only for computers which can stay open whole day unlike phones that will be heaten after a long time of usage.
You will not have maximum results or profits in mining if you only do it with ordinary gpu and moreover just from a mobile phones, if that is done you will only waste your time as long as you wait for the results or profits from the mining. There are many things that must be considered to be able to start mining with profits that at least will not make you lose even though it is a small profit. This does not happen only for bitcoin mining, because all types of mining to mine crypto must have very high knowledge and money to start. Mining won't work with mobile phones only. Mining is preferred only for computers which can stay open whole day unlike phones that will be heaten after a long time of usage.
Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
the decision is in your hands, if you want to get a lot of bitcoin you can do it by mining, but in this way you need huge capital for the mining needs.Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
according to my advice, you should just do trading to get a lot of bitcoin, with your diligence and ugliness you might be able to generate bitcoin with a lot.
Cloud mining has not always been the best mining method because it has certain security risks and it is very easy to be exploited by fraudsters!
Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?
To tell you frankly, cloud mining is just a piece of shit. Out of 100% of your capital your ROI after 6 months or more would be 75% only, if you invest on any cloud mining site. But if you buy mining rig like Asic or others it is much good though its expensive and will give you a high cost sometime in electricity, But I think it depends if the area is a cold place. Bitcoin mining machine can really give you a passive income as well.
you can ask for some advice and recommendation.
Most of the miners are in Asia, because the cost of mining is low in Asian countries. In west the labor cost is high and miners cannot save handsome money. That’s why they are quitting mining or mining very small quantity. Mining is no more profitable and when there is no profit why one should waste time and money in such activity or business. Jump to: