It's not idea to tell a beginner (a child ) that "mathematics ",for instance is a difficult subject rather you encourage the beginner.
Bitcoin mining, in my opinion is a big yes! Now, if miners have not mined the current bitcoin in circulation, how would users carry out day to day transactions? Now it obvious that miniing is getting difficult by the day but miners must mine to reach the final mark in the future; and not just that,but keep monitoring of the daily blockchian transactions.
I think no matter how difficult or expensive mining is (cloud mining) there are investors in it and they may not mined at a lost all through. Be courageous and involve in mining whether cloud mining or others,there are risks in a every business .
Topic: "Bitcoin mining is a Big no!" - page 25. (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?
I agree with the people that you met!
Mining itself is not profitable unless you have the ability to acquire cheap mining rigs and you have an access to free electricity.
To acquire cheap mining rigs you need to either work at Nvidia or other miners producer company.
There are some areas in china that won't charge you for any electricty cost at all, so mining there could be profitable.
So unless you are close to a miners producer or you have an acess to free electricty , you shouldn't be considering mining at all.
My friend who is a bitcoin members and the one that told me about bitcoin says the same thing that investing in cloud mining is too risky and never give way to it.
The best cloud mining site I know is Genesis_Mining, but if this site turns out to be not paying decently and stops being profitable, tell me which other cloud mining would be? Cloud Mining used to be good back in the old days of Bitcoin, and not now, this time around I would prefer to go for the main Bitcoin Mining, than being into Cloud Mining cause it’s totally trash these days. 
My friend who is a bitcoin members and the one that told me about bitcoin says the same thing that investing in cloud mining is too risky and never give way to it.
Cloud mining isn't risky at all since the result is known already. People aware of how things are know up front that it is nothing more than a scheme meant to make the people behind them earn money without any effort.I am actually surprised that cloud mining till this day has managed to survive. It shows that there are enough idiots willing to invest their precious coins into something that will only make them lose.
There are far better ways of making money, and mining in its entirety isn't one of these options, unless you have a lot money free to invest in altcoin mining rigs, and even then, buying coins is a better way of making profits.
My friend who is a bitcoin members and the one that told me about bitcoin says the same thing that investing in cloud mining is too risky and never give way to 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?
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?
Even though the final decision rest on you. But you need to understand the very reason of those two positions because they might both be saying the truth. For the first category of advisers, you need to understand when they invested in cloud mining because at some point cloud mining was profitable but not any longer while to the other people, you also need to understand if they invested in the sites that you have been recommended before making your conclusion as that will guide the final decision making.
History has shown, that buying and holding, beats mining almost everytime.
Especially cloudmining, your just asking to be screwed overwinter them.
Especially cloudmining, your just asking to be screwed overwinter them.
Hi, I am looking for a way to earn some money without invest(because I am broke), I can dedicate 2 hours a day in that. what can I do to make a bitcoin per month without any investment?
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 advise you should get away from it foremost, it must be scammers. We all know cloud mining is risk of fraud, ess fun and especially its lower profits. Nowadays, it’s easy for the scammers to make you believe in them by many different ways. So you need to be careful to avoid being cheated. I’ve heard one way which helps you start mining effectively is buying hardware. However, it’s really difficult to buy it cause its expensive and maybe waste electricity. 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 know a little about cloud mining.
I think so far cloud mining is still very profitable although it is not recommended for beginners.
because there are many costs that need to be issued.
but if it can be well set.
this can produce quite large
I think so far cloud mining is still very profitable although it is not recommended for beginners.
because there are many costs that need to be issued.
but if it can be well set.
this can produce quite large
I think majority of this cloud mining firms that run and give you a huge greed of double digit returns every month which would generally be given for some time and than you would be given some problems they are facing or some other thing due to which they will either delay your payment or stop making payments and turn out to be a scam where they took away your money.
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?
cloudming is not really a passive income and its not a good start of investment. try to research the other cloud mining that already close a year ago they are all paid all member in the beggening and it does not last long . maybe they give you a passive income today but no one know until when they will paid you, all of them will close someday when they get enough money then run. 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?
In some country they have good btc mining like in hardware and they talk all about gpu and hash,i know mining in telegram but the earnings are base on your invite.So i think if you want know mining there's a mining (pools) section here so read all about mining there because if you post mining here in this section no one can give you exact answer what is mining like me i only know telegram mining,Try also in fb
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?
Bitcoin mining could be risky especially when you do not have experience in mining you may end up losing profit, also if you have low budget, better not go with mining. But if you know someone expert in mining, you can ask for some advice and recommendation.
DYOR mate.
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I did and im still doing my research, it just that, i think its good to hear some opinion of people who had experience in cloud mining. Anyway, thanks man!
What are the possible reason on thier contradiction?
Those people that are recommending cloud mining experienced profit through it and they don't have capital to buy their own mining rig.And for those people that are saying that it's risky which is right they know how cloud mining works and for sure they are once a victim of other cloud mining.
Whos recommendation should i try and why?
DYOR mate.
yeah im agree with the second arguments, i think the cloud mining is have a big risk than other ways to get bitcoin, last time i use cloud mining i got scammed by that cloud mining, i dont know why it can happen but after that i know that cloud mining is not reccomended because there are many scam on it
Is that well known cloud mining provider? What are your ways of acquiring bitcoin?
yeah im agree with the second arguments, i think the cloud mining is have a big risk than other ways to get bitcoin, last time i use cloud mining i got scammed by that cloud mining, i dont know why it can happen but after that i know that cloud mining is not reccomended because there are many scam on it
Mining is a good way to get a passive income. But mining bitcoin right now is not a good idea. You see the difficulty in mining bitcoin is much higher than before. I think you should try mining altcoins instead.
D you have an recomendation what is the good coin to mine? Have you heard about decred?
Even nicehash and genesis mining? Thats quite odd if yes i see a lot of good reviews in thier site, though the nicehash was hack, they are doing actions. Anyway i will take your opinion into consideration before doing my decisions. Thank you
Mining is a good way to get a passive income. But mining bitcoin right now is not a good idea. You see the difficulty in mining bitcoin is much higher than before. I think you should try mining altcoins instead.
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