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Topic: Cloud Minig Vs Hardware Mining Which is best ? - page 4. (Read 5391 times)

hero member
Activity: 840
Merit: 501
most of the cloud mining is a scam site and the return profit is so slow and contain high risk being scam, so i better choose hardware mining even though it need a lot of money to start but i have the total control of the mining so the percentage being scammed is very low, so I really recommended hardware mining and stay away from cloud mining
hero member
Activity: 2996
Merit: 609
I think that hardware mining is the better choice because first of all there are a lot of ponzi schemes out there that pose as cloud mining companies and you can't really tell whether it's legit or not, and also you can sell your hardware and get some principal back after you're done mining.

Even hardware mining right now is not as good as it was. Especially if you do live in a country which the electricity bill is  quite high and the maintenance of your device is really not that easy that is why cloud mining is build. Actually the idea of cloud mining is really good but you are right that instead it was being used on trolling peoples mind out.

Hardware mining  could be still profitable  though  but as you mentioned   you should really need  some  amounts  regarding  on the expenses  on its maintenance   because   proper maintenance and   ventilation  is  crucial for  this  kind  of activity. Electricity  should  be  the most  thing   to be considered  if   its cheap then you would  be profitable enough. I agree with you cloud  mining  are just being created  for  those  who dont  like  to have hardware miners but  most of them are just ended  up as a scam.
legendary
Activity: 910
Merit: 1000
I think hardware miners become best choice than cloud mining, although it will hassle but more safe than cloud mining service. Especially if we have plan ether coins because we still have VGA cards if is not profitable for mining and we can sell them again. It still there are values on VGA cards than hardware miners bitcoins.
hero member
Activity: 910
Merit: 500
I think that hardware mining is the better choice because first of all there are a lot of ponzi schemes out there that pose as cloud mining companies and you can't really tell whether it's legit or not, and also you can sell your hardware and get some principal back after you're done mining.

Even hardware mining right now is not as good as it was. Especially if you do live in a country which the electricity bill is  quite high and the maintenance of your device is really not that easy that is why cloud mining is build. Actually the idea of cloud mining is really good but you are right that instead it was being used on trolling peoples mind out.
hero member
Activity: 644
Merit: 501
I think that hardware mining is the better choice because first of all there are a lot of ponzi schemes out there that pose as cloud mining companies and you can't really tell whether it's legit or not, and also you can sell your hardware and get some principal back after you're done mining.
legendary
Activity: 1386
Merit: 1020
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Hardware s always the best cause you have full control what you mine, when you mine it and when you sell your coins. Also, you can always resell your hardware. On the other hand, you need to buy and set up your rigs and also take care of any broken hardware.

Hardware mining  is  too far away better than those cloud  mining scam schemes  out there.  The  big issue  here  is the  money/capital  to  invest on  hardware mining because  as we all know asic miners  doesnt cost  cheap and   you would really need   huge amounts to start with it. Maintenace would be  important to consider and also the energy cost  on your place  in able to calculate your profits.
legendary
Activity: 1652
Merit: 1007
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Hardware s always the best cause you have full control what you mine, when you mine it and when you sell your coins. Also, you can always resell your hardware. On the other hand, you need to buy and set up your rigs and also take care of any broken hardware.
newbie
Activity: 57
Merit: 0
hardware mining is the best and if you have cheap electricity you can earn alot of profit in the long run and for the cloud mining just dont invest any of the sites that offers you it just a promise one day you will lose all of your money

Cloudmining sites are just  using  sweet  high returns  to lure people  on their website and would invest but in the end those people are  just being scammed by the website. Hardware mining is really good compared on so called cloud mining. but you would really need lots of money to invest on hardware mining.

I think so. If you do not know how to build the hard ware rigs, you can rent the hash rate directly from some sites.
legendary
Activity: 1386
Merit: 1020
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hardware mining is the best and if you have cheap electricity you can earn alot of profit in the long run and for the cloud mining just dont invest any of the sites that offers you it just a promise one day you will lose all of your money

Cloudmining sites are just  using  sweet  high returns  to lure people  on their website and would invest but in the end those people are  just being scammed by the website. Hardware mining is really good compared on so called cloud mining. but you would really need lots of money to invest on hardware mining.
hero member
Activity: 1232
Merit: 503
hardware mining is the best and if you have cheap electricity you can earn alot of profit in the long run and for the cloud mining just dont invest any of the sites that offers you it just a promise one day you will lose all of your money
legendary
Activity: 1554
Merit: 1054
Hardware mining, after you done the mining, you still have the mining hardware that can be resell again.
I do this, mining using R470 and if I wanna for changing into the another type I just selling this tools and hardware mining are more convenient and the risk is very low comparing with the scam investment like cloud mining.
Yes, running own mining is simply similar to running our own business whereas cloud mining are equivalent depending on others and investing into others business. Running a mining unit must be a challenging one as it needs to concentrate on lot of aspects : cooling down the equipments and managing against electricity city costs and increasing network difficulty.
hero member
Activity: 2898
Merit: 529
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Hardware mining, after you done the mining, you still have the mining hardware that can be resell again.
I do this, mining using R470 and if I wanna for changing into the another type I just selling this tools and hardware mining are more convenient and the risk is very low comparing with the scam investment like cloud mining.
hero member
Activity: 2786
Merit: 902
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Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?



It's obvious that it's hardware mining. Aside from almost cloud mining turining out to be scams . Cloud mining is not a true mining cause you're not ming it yourself. In hardware mining you can get more knowledge and experience about mining . The thing that sucks in mining is the competition and your electrical bill  Grin
sr. member
Activity: 364
Merit: 250
Hardware mining is way better because cloud mining can scam you on any moments and the fact is also that the most that ever have been popular later on scammed everyone.
You should never invest into cloud mining!!
sr. member
Activity: 406
Merit: 250
Wolf
Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?



Hardware mining of course, When we are entering something new, We first check if it's legit or not. Most cloud mining are scams and you will not be able to call yourself a miner if you're using cloud mining. So it's better to use hardware mining plus you will gain more experience and knowledge about mining unlike in cloud mining.

hero member
Activity: 1050
Merit: 529
Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?


In my opinion its hardware. Majority of cloud mining sites are turing out to be scam why waste money and not that good either. Whereas if you do some initial investment in hardware for mining you will be making profit in no time, but only if you are willing to mine alt coins right now mining bitcoin is not that much profitable.
newbie
Activity: 32
Merit: 0
Hardware mining, after you done the mining, you still have the mining hardware that can be resell again.
hero member
Activity: 1764
Merit: 505
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so far cloud mining sucks , you will lose money or you have to gamble by joining the ponzi ones which means atm you can't compare real mining with cloud mining
but there is a trusted member here who said that he will launch a cloud mining service in the future and it will be legit and profitable , but time will tell anyways


As you said cloudmining is so damn fucker, and i really hate that one since they are just fooling people and telling that they can earn huge profit for investing at their site, and cloudmining would be the worst idea to anybody interms in investment since mostly people are been scam by those sites and no success stories has been tell, only those scammers gain success unlike on hardware mining is you can see your earnings works since you are the owner of this machine.
legendary
Activity: 2436
Merit: 1804
guess who's back
so far cloud mining sucks , you will lose money or you have to gamble by joining the ponzi ones which means atm you can't compare real mining with cloud mining
but there is a trusted member here who said that he will launch a cloud mining service in the future and it will be legit and profitable , but time will tell anyways
hero member
Activity: 1694
Merit: 502
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Hardware mining is real mining, cloud mining is a joke where almost all services that provide cloud mining are possible scammers.
If someone have money to invest in real mining, to buy everything and set up little mining farm, then that is a good thing. I support miners, and they are holding all of us here, without them bitcoin is nothing. Cloud mining services I don't support, womw of those services are proven scammers, and to many times these services just crash and disappear with money that people invested.
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