Cloud mining is almost always going to be a bad investment, even if you ignore the fact that almost all cloud mining companies turn out to be scams. The cloud mining company will need to buy hardware, pay for electricity, maintain the equipment and turn a profit. If you were to buy hardware yourself and have it hosted then your overall profit would be greater because you would be cutting out the middleman who would be taking their own profit.
Edit: from the looks of it, the pricing for genesis mining appears to be better then that of Hashflare.io so if you think genesis is legit then you probably would want to buy from them.
Topic: Can I Trust Hashflare.io ? - page 15. (Read 87310 times)
Is Hashflare.io a trusted cloud mining site ? The site looks almost like a clone of http://genesis-mining.com (which is legit) !
They have an Instagram account > https://instagram.com/hashcoins/ proving they are really mining!
I'm Really Confused! Since there are a few "real" cloud mining sites on a huge pile of scam!
They have an Instagram account > https://instagram.com/hashcoins/ proving they are really mining!
I'm Really Confused! Since there are a few "real" cloud mining sites on a huge pile of scam!
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