Topic: Cloud mining still profitable? - page 2. (Read 414 times)
I agree most of the cloud mining are already scam it's no longer profitable nowadays given the fact that big numbers of bitcoin is already in the circulation also if ever it not a ponzi scheme you will need a good technologies and tools to mine added that your place must also have a good electrical tools otherwise it's totally a waste of money and time
Build own mining rig is better choice...
It's basically scam with a more fancy name. The idea was interesting and if well executed, could be big but well, it wasn't.
Is it still profitable to mine or invest in cloud mining?? Or better we set up our own rig?
What are the pros and cons of these cloud mining site vs setting up our own mining rig
What are the pros and cons of these cloud mining site vs setting up our own mining rig
Waste of time and money to invest in cloud mining. All the cloud platform are consider as a scam and ponzi schemes. They will ask to you buy the hash power to mine the coins and you can find the cost for maintaning your mining account as well. I am saying this fees in Genesis. If you go to others in some days they might lock your account leave and support will not answer for your worries. Better try to buy the ASIC miner which can produce the high hash rate.
Is it still profitable to mine or invest in cloud mining?? Or better we set up our own rig?
What are the pros and cons of these cloud mining site vs setting up our own mining rig
What are the pros and cons of these cloud mining site vs setting up our own mining rig
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