Topic: Cloud Minig Vs Hardware Mining Which is best ? - page 5. (Read 5408 times)
there is nothing called cloud mining. they are all scam sites and untrustworthy. even if you find a paying site, you may not get your ROI before they go scam. hardware mining is expensive so not all people can afford it and the profitability depends on the electricity price in your place
You have to be very careful in the cloud mining platform, it is too dangerous to trust any cloud mining sites right now. Although it is a very good technique of gaining profit i wouldn't still recommend you to used cloud mining.
Hardware mining is profitable based on many factors like electricity cost,mining hard,setup cost etc but most of the cloud mining companies are scam,ponzi scheme calling themselves cloudmining but not mining in real.
The only good cloud mining companies are the Bitmain or the Genesis mining, most others are scams.
Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?
Should i invest in Cloud mining or Hardware mining ?
it should really be pretty obvious with a small calculation and also looking at the history of mining and cloud mining.
cloud mining has a notorious history and it is full of scams so you should stay away from it at all costs.
but mining is good and it can be profitable. the only thing that you need to do is first calculating your profit based on your cost like cost of electricity and it it was worth it then you need a capital.
Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?
Should i invest in Cloud mining or Hardware mining ?
You consider investing on a cloudmining. May I know what cloudmining site is that?
You consider also investing on an actual mining. Already know what should be the things to be consider before starting?
Cloudmining is fine if ever 'there is really a legit company' that offers that since you can start at the affordable amount although expect a long ROI based on your capital. But like I said, a LEGIT one which I doubt there is really a legit cloudmining site.
Actual mining on the other hand, needs lots of consideration and factors to be taken out seriously before you can start.
Bottom line, why not find another investment instad that worth to try and effort?
Brother, cloud mining is a non-winning game. If you take the costs involved with electricity and maintenance fees plus the profits of the owners, you will earn nothing. With physical hardware is very difficult because it involves electricity costs, hardware costs and geopolitics. But no doubt that cloud is the worse opition.
Why do you even mention cloud mining in the same sentence with hardware mining. Two totally different things, and I`m sure profit is different with both investments. For cloud mining you can start with 50 $, just register somewhere and start to "cloud mining", but with hardware mining you will need more serious investment. You need to buy equipment, pay electricity bills when times comes, and something to cool the system.
Well Cloud mining will take your money in one moment and site will just crash and they will say how they are hacked or something, with hardware mining something like that can`t happen, but for ROI you will need to wait.
Well Cloud mining will take your money in one moment and site will just crash and they will say how they are hacked or something, with hardware mining something like that can`t happen, but for ROI you will need to wait.
I think both of them are only profitable if you have a lot of money to invest. But the only difference is the fact that even the trusted cloud mining sites run away. They always say that they got hacked but they just don't admit that it was their plan all along. In hardware mining, you're sure that it'll not go away because you're the one that controls it. You're the one that manages it.
profit from hardware mining is higher than from cloud mining
anything is bigger than 0 in this case (cloudmining nowadays is synonymous to HYIP and scam,I wonder if there are more than 3 legit cloudming sites left)
with cloudmining you have no control over your investment,once you bought "powers" you are there to sit and pray to ROI gods
with hardware mining you call the shots,you choose what coin and where to mine
if you are smart (or lucky) enough,you could stumble upon a promising altcoin and mine it while the difficulty is low
and sell later to make huge profit,or mine ,say ETH with rented powers to recieve low but steady income
there is no contest in my opinion
anything is bigger than 0 in this case (cloudmining nowadays is synonymous to HYIP and scam,I wonder if there are more than 3 legit cloudming sites left)
with cloudmining you have no control over your investment,once you bought "powers" you are there to sit and pray to ROI gods
with hardware mining you call the shots,you choose what coin and where to mine
if you are smart (or lucky) enough,you could stumble upon a promising altcoin and mine it while the difficulty is low
and sell later to make huge profit,or mine ,say ETH with rented powers to recieve low but steady income
there is no contest in my opinion
I would really agree with you hence hardware mining is more profitable than on cloudmining and most of them are just total scam it much better to do your own mining farm but the big question is you have the money to invest on? Hardware mining would really cost you and we all know that.
profit from hardware mining is higher than from cloud mining
anything is bigger than 0 in this case (cloudmining nowadays is synonymous to HYIP and scam,I wonder if there are more than 3 legit cloudming sites left)
with cloudmining you have no control over your investment,once you bought "powers" you are there to sit and pray to ROI gods
with hardware mining you call the shots,you choose what coin and where to mine
if you are smart (or lucky) enough,you could stumble upon a promising altcoin and mine it while the difficulty is low
and sell later to make huge profit,or mine ,say ETH with rented powers to recieve low but steady income
there is no contest in my opinion
anything is bigger than 0 in this case (cloudmining nowadays is synonymous to HYIP and scam,I wonder if there are more than 3 legit cloudming sites left)
with cloudmining you have no control over your investment,once you bought "powers" you are there to sit and pray to ROI gods
with hardware mining you call the shots,you choose what coin and where to mine
if you are smart (or lucky) enough,you could stumble upon a promising altcoin and mine it while the difficulty is low
and sell later to make huge profit,or mine ,say ETH with rented powers to recieve low but steady income
there is no contest in my opinion
of course hardware mining is better than cloud mining, most of the cloud mining is a scammed site, but to start earning from hardware mining you need a lot of capital and plus there are a lot of maintenance fee, nowadays mining is not as profitable as it used to be, but if your country has a long winter and cheap electricity then it is recommended to do it
Agree, hardware mining is a lot better compared to those cloudmining sites because you could able to see physically that you are really mining compared to those so called " cloud mining" but the big hindrance regarding these hardware mining is the cost on this kind of investment, as you said you would really lots of capital to invest into it because its isnt a joke to build a mining farm on your own and you must consider on the expenses on maintainance would surely cost you.
You have a point , hardware mining would be profitable unless if you have cheap electricity on your country and you have lots of asic mining hardwares in able for you to be profitable. As we all know that bitcoin mining difficulty its already increased thats why some miners are not profitable already unless if you have the latest ones. Cloud mining are just scams.
That is the other alternative for the hardware miners since bitcoins are not fully profitable by now, and my question for now what is the best altcoin to mine and yet still profitable? Since i think eth is little bit annoying for now, and also cloudmining cannot do nothing as it is since their is no real mining behind those and only just been made for scam purposes thats why im closing the thoughs upon investng on them and not recommending them to anyone.
The problem with cloud minning is how you know that the company will not disapear with your bitcoins. If a cloud minning profit numbers are bigger than normal, provably they will go away scaming its users.
H/w mining, if you have good electricity rates. You can sell your h/w to recoup losses.
Hardware mining is profitable based on many factors like electricity cost,mining hard,setup cost etc but most of the cloud mining companies are scam,ponzi scheme calling themselves cloudmining but not mining in real.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
of course hardware mining is better than cloud mining, most of the cloud mining is a scammed site, but to start earning from hardware mining you need a lot of capital and plus there are a lot of maintenance fee, nowadays mining is not as profitable as it used to be, but if your country has a long winter and cheap electricity then it is recommended to do it
Agree, hardware mining is a lot better compared to those cloudmining sites because you could able to see physically that you are really mining compared to those so called " cloud mining" but the big hindrance regarding these hardware mining is the cost on this kind of investment, as you said you would really lots of capital to invest into it because its isnt a joke to build a mining farm on your own and you must consider on the expenses on maintainance would surely cost you.
You have a point , hardware mining would be profitable unless if you have cheap electricity on your country and you have lots of asic mining hardwares in able for you to be profitable. As we all know that bitcoin mining difficulty its already increased thats why some miners are not profitable already unless if you have the latest ones. Cloud mining are just scams.
of course hardware mining is better than cloud mining, most of the cloud mining is a scammed site, but to start earning from hardware mining you need a lot of capital and plus there are a lot of maintenance fee, nowadays mining is not as profitable as it used to be, but if your country has a long winter and cheap electricity then it is recommended to do it
Agree, hardware mining is a lot better compared to those cloudmining sites because you could able to see physically that you are really mining compared to those so called " cloud mining" but the big hindrance regarding these hardware mining is the cost on this kind of investment, as you said you would really lots of capital to invest into it because its isnt a joke to build a mining farm on your own and you must consider on the expenses on maintainance would surely cost you.
You have a point , hardware mining would be profitable unless if you have cheap electricity on your country and you have lots of asic mining hardwares in able for you to be profitable. As we all know that bitcoin mining difficulty its already increased thats why some miners are not profitable already unless if you have the latest ones. Cloud mining are just scams.
Most people here are already experienced Cloud mining like me and all i can say about cloud mining is in the long run they will scam you, i think many user will agree with it. About Hardware mining i have not experience it yet because i don't have a good hardware to use for mining.
of course hardware mining is better than cloud mining, most of the cloud mining is a scammed site, but to start earning from hardware mining you need a lot of capital and plus there are a lot of maintenance fee, nowadays mining is not as profitable as it used to be, but if your country has a long winter and cheap electricity then it is recommended to do it
Agree, hardware mining is a lot better compared to those cloudmining sites because you could able to see physically that you are really mining compared to those so called " cloud mining" but the big hindrance regarding these hardware mining is the cost on this kind of investment, as you said you would really lots of capital to invest into it because its isnt a joke to build a mining farm on your own and you must consider on the expenses on maintainance would surely cost you.
Mining is worthless, unless you're invest lot into it.
Most of the cloud mining websites were Ponzi/scam. And you really need a big mount to invest in hardware mining. Better stay away from mining!
I just having not more than 10 mining hardware using vga and until this time I don't think if that is a worthless, dude. and how about you can explaining about it? so I believe if mining is already worthless at this time. Most of the cloud mining websites were Ponzi/scam. And you really need a big mount to invest in hardware mining. Better stay away from mining!
Mining is worthless, unless you're invest lot into it.
Most of the cloud mining websites were Ponzi/scam. And you really need a big mount to invest in hardware mining. Better stay away from mining!
Most of the cloud mining websites were Ponzi/scam. And you really need a big mount to invest in hardware mining. Better stay away from mining!
Jump to: