Is investing in mining still worth it? - page 10.

Adaleon

member

Activity: 114

Merit: 10

Quote from: Liang_Kubur on October 05, 2016, 05:37:09 AM

As my experiences mining is not worth it at all because investing in mining is not profitable anymore these days. Another thing is that investing right now will let you lose a lot of money most likely because of the fact that these websites are Ponzi's.. The best real way to get bitcoin for now maybe only from trading

Right now its indeed not worth it anymore because of the fact that the halving has took place and it made it for miners harder.
It cost more and due to that its not attractable and worth it for smaller partys indeed.

Liang_Kubur

full member

Activity: 154

Merit: 100

As my experiences mining is not worth it at all because investing in mining is not profitable anymore these days. Another thing is that investing right now will let you lose a lot of money most likely because of the fact that these websites are Ponzi's.. The best real way to get bitcoin for now maybe only from trading

wintermeasures

sr. member

Activity: 322

Merit: 250

Quote from: pandalion98 on June 24, 2016, 02:29:59 AM

Right now, I'm planning to invest more or less $100 in HashNest since I've used their services before, but on a very very small scale.

$100 would get me about 1TH. Would it still be worth it? Based on some calculations, the ROI would be just under 90 days. Their prices are pretty stable.

No Bro I Don't Think That Mining Is Worth Now Because As We All Know That The Halving Is Passed Now And The Reward For Solving A Block is Lower To 12.5 Btc So It Doesn't Gave Us ROI....
So I Suggest You to Instead Of Investing In Mining Invest Your Money in Trading Because Trading Is Much Better Than Mining.....

DomesticTrader

sr. member

Activity: 252

Merit: 250

Quote from: yakdivine on September 30, 2016, 06:03:59 AM

Mining bitcoin are one of best way of making money online, though mining bitoin is capital intensive and from what I learned,mining is not suitable in most of the country that has expensive electricity. Now am study on way to mining bitcoin with minimal Electricity cost

It was but right now I do not think that its worth it anymore due to the fact that the halving has been done its not very profitable anymore.
I think that if you have a large amount to invest it can be worth it but with small amount it will provide you almost nothing.

Zadicar

legendary

Activity: 1386

Merit: 1020

DGbet.fun - Crypto Sportsbook

Quote from: senyorito123 on October 04, 2016, 04:55:37 AM

Quote from: newcoins1978 on October 03, 2016, 04:32:26 PM

Quote from: BitHodler on October 01, 2016, 04:31:58 PM

Quote from: Altynbekova on October 01, 2016, 12:27:31 PM

Quote from: AicecreaME on October 01, 2016, 09:21:25 AM

Mining bitcoin right now is not profitable because the price of it is too low that's why bitcoin miners have stopped on mining it and I think they are just waiting for the bitcoin's price to go high again for them to have a huge profit from it than mining it right now. There are many sites that you can invest bitcoins like in yobit and other sites that you can earn cryptocurrency.

Like mentioned by the many mining has been the cash cow for many scammers. Seeing pop up so many cloud mining sits earned them some cash. And that is weird because by reading this forum you should now by now that both mining and cloud mining are not profitable.

Certain people don't care about what happened in the past.

They just look at the promised returns that they think they can get while in fact they will never make their money back.

On another note, the block halving has made mining in general less interesting due to the halved rewards.

Cloud mining sites have nothing anymore to offer due to the block halving.

Let's forget the block halving or not? Which sites before the halving were offering cloud mining services and at the same time profit?
Answer: None

Which sites after the halving offer profit?
Answer: None.

Overall ratings, facts and info about cloudmining is bad,none or whatsoever you called that, cloudmininh is not a good place to invest with, those site are scam and their so many money has been scam by those site so people should look out for this one and dont invest on those, even real mininh industry is struggling to get some profits and so by that we can determine that cloudmining is a big ponzi/scam.

Investing on those sites are just a total waste of your money hence they are just total scams in the end which they would ran off your money. Thats why i turned my back on this kind of schemes because mining as of todays are not profitable already and some site claims that they run a mining farm but the truth is they dont really running a mining at all.

senyorito123

hero member

Activity: 1764

Merit: 505

#SWGT PRE-SALE IS LIVE

Quote from: newcoins1978 on October 03, 2016, 04:32:26 PM

Quote from: BitHodler on October 01, 2016, 04:31:58 PM

Quote from: Altynbekova on October 01, 2016, 12:27:31 PM

Quote from: AicecreaME on October 01, 2016, 09:21:25 AM

Mining bitcoin right now is not profitable because the price of it is too low that's why bitcoin miners have stopped on mining it and I think they are just waiting for the bitcoin's price to go high again for them to have a huge profit from it than mining it right now. There are many sites that you can invest bitcoins like in yobit and other sites that you can earn cryptocurrency.

Like mentioned by the many mining has been the cash cow for many scammers. Seeing pop up so many cloud mining sits earned them some cash. And that is weird because by reading this forum you should now by now that both mining and cloud mining are not profitable.

Certain people don't care about what happened in the past.

They just look at the promised returns that they think they can get while in fact they will never make their money back.

On another note, the block halving has made mining in general less interesting due to the halved rewards.

Cloud mining sites have nothing anymore to offer due to the block halving.

Let's forget the block halving or not? Which sites before the halving were offering cloud mining services and at the same time profit?
Answer: None

Which sites after the halving offer profit?
Answer: None.

Overall ratings, facts and info about cloudmining is bad,none or whatsoever you called that, cloudmininh is not a good place to invest with, those site are scam and their so many money has been scam by those site so people should look out for this one and dont invest on those, even real mininh industry is struggling to get some profits and so by that we can determine that cloudmining is a big ponzi/scam.

Qinetik

member

Activity: 65

Merit: 10

Quote from: newcoins1978 on October 03, 2016, 04:32:26 PM

Quote from: BitHodler on October 01, 2016, 04:31:58 PM

Quote from: Altynbekova on October 01, 2016, 12:27:31 PM

Quote from: AicecreaME on October 01, 2016, 09:21:25 AM

Mining bitcoin right now is not profitable because the price of it is too low that's why bitcoin miners have stopped on mining it and I think they are just waiting for the bitcoin's price to go high again for them to have a huge profit from it than mining it right now. There are many sites that you can invest bitcoins like in yobit and other sites that you can earn cryptocurrency.

Like mentioned by the many mining has been the cash cow for many scammers. Seeing pop up so many cloud mining sits earned them some cash. And that is weird because by reading this forum you should now by now that both mining and cloud mining are not profitable.

Certain people don't care about what happened in the past.

They just look at the promised returns that they think they can get while in fact they will never make their money back.

On another note, the block halving has made mining in general less interesting due to the halved rewards.

Cloud mining sites have nothing anymore to offer due to the block halving.

Let's forget the block halving or not? Which sites before the halving were offering cloud mining services and at the same time profit?
Answer: None

Which sites after the halving offer profit?
Answer: None.

The bitcoin mining difficulty is rising very fast at the moment. So it is not profit to mine with the cloud mining.

newcoins1978

sr. member

Activity: 406

Merit: 250

Quote from: BitHodler on October 01, 2016, 04:31:58 PM

Quote from: Altynbekova on October 01, 2016, 12:27:31 PM

Quote from: AicecreaME on October 01, 2016, 09:21:25 AM

Mining bitcoin right now is not profitable because the price of it is too low that's why bitcoin miners have stopped on mining it and I think they are just waiting for the bitcoin's price to go high again for them to have a huge profit from it than mining it right now. There are many sites that you can invest bitcoins like in yobit and other sites that you can earn cryptocurrency.

Like mentioned by the many mining has been the cash cow for many scammers. Seeing pop up so many cloud mining sits earned them some cash. And that is weird because by reading this forum you should now by now that both mining and cloud mining are not profitable.

Certain people don't care about what happened in the past.

They just look at the promised returns that they think they can get while in fact they will never make their money back.

On another note, the block halving has made mining in general less interesting due to the halved rewards.

Cloud mining sites have nothing anymore to offer due to the block halving.

Let's forget the block halving or not? Which sites before the halving were offering cloud mining services and at the same time profit?
Answer: None

Which sites after the halving offer profit?
Answer: None.

praprata

sr. member

Activity: 420

Merit: 250

Quote from: Altynbekova on October 01, 2016, 12:27:31 PM

Quote from: AicecreaME on October 01, 2016, 09:21:25 AM

Mining bitcoin right now is not profitable because the price of it is too low that's why bitcoin miners have stopped on mining it and I think they are just waiting for the bitcoin's price to go high again for them to have a huge profit from it than mining it right now. There are many sites that you can invest bitcoins like in yobit and other sites that you can earn cryptocurrency.

Like mentioned by the many mining has been the cash cow for many scammers. Seeing pop up so many cloud mining sits earned them some cash. And that is weird because by reading this forum you should now by now that both mining and cloud mining are not profitable.

Indeed cloud mining is not profitable at all and I think that you should not do it because of this too.
The bitcoin has a good future, the only thing is that mining is not profitable anymore for small parties these days.

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: Altynbekova on October 01, 2016, 12:27:31 PM

Quote from: AicecreaME on October 01, 2016, 09:21:25 AM

Mining bitcoin right now is not profitable because the price of it is too low that's why bitcoin miners have stopped on mining it and I think they are just waiting for the bitcoin's price to go high again for them to have a huge profit from it than mining it right now. There are many sites that you can invest bitcoins like in yobit and other sites that you can earn cryptocurrency.

Like mentioned by the many mining has been the cash cow for many scammers. Seeing pop up so many cloud mining sits earned them some cash. And that is weird because by reading this forum you should now by now that both mining and cloud mining are not profitable.

Certain people don't care about what happened in the past.

They just look at the promised returns that they think they can get while in fact they will never make their money back.

On another note, the block halving has made mining in general less interesting due to the halved rewards.

Cloud mining sites have nothing anymore to offer due to the block halving.

Altynbekova

sr. member

Activity: 476

Merit: 250

Quote from: AicecreaME on October 01, 2016, 09:21:25 AM

Mining bitcoin right now is not profitable because the price of it is too low that's why bitcoin miners have stopped on mining it and I think they are just waiting for the bitcoin's price to go high again for them to have a huge profit from it than mining it right now. There are many sites that you can invest bitcoins like in yobit and other sites that you can earn cryptocurrency.

Like mentioned by the many mining has been the cash cow for many scammers. Seeing pop up so many cloud mining sits earned them some cash. And that is weird because by reading this forum you should now by now that both mining and cloud mining are not profitable.

AicecreaME

sr. member

Activity: 2394

Merit: 454

Mining bitcoin right now is not profitable because the price of it is too low that's why bitcoin miners have stopped on mining it and I think they are just waiting for the bitcoin's price to go high again for them to have a huge profit from it than mining it right now. There are many sites that you can invest bitcoins like in yobit and other sites that you can earn cryptocurrency.

Frocceptere

newbie

Activity: 30

Merit: 0

cloud mining is scam
all site mining scammer
Huh

hashocean
coince
....
....
....

JeffBrad12

hero member

Activity: 2898

Merit: 529

Leading Crypto Sports Betting & Casino Platform

Quote from: CoinsRoyal on September 30, 2016, 02:22:38 PM

Quote from: Chrismeister on September 29, 2016, 05:29:32 PM

Investing into the bitcoin can be good but I think its not worth it anymore in mining because of the fact that there has been done halving and due to that its not worth it anymore.
There is almost no profit anymore in it.

Its indeed not worth it anymore because of the fact mining is not profitable anymore for small miners and people.
Its just that investing in mining is due to the halving not very nice anymore.

Just waiting for the evidence if mining is not worth at this time, and how you making a calculate for that. we need a real evidence for your statement.

CoinsRoyal

sr. member

Activity: 350

Merit: 250

Quote from: Chrismeister on September 29, 2016, 05:29:32 PM

Investing into the bitcoin can be good but I think its not worth it anymore in mining because of the fact that there has been done halving and due to that its not worth it anymore.
There is almost no profit anymore in it.

Its indeed not worth it anymore because of the fact mining is not profitable anymore for small miners and people.
Its just that investing in mining is due to the halving not very nice anymore.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: yakdivine on September 30, 2016, 06:03:59 AM

Mining bitcoin are one of best way of making money online, though mining bitoin is capital intensive and from what I learned,mining is not suitable in most of the country that has expensive electricity. Now am study on way to mining bitcoin with minimal Electricity cost

Almost every country in this world has reasonable prices for electricity, so there will not be any possibilities of finding out bitcoin mining with appropriate electricity costs unless you are going for bitcoin mining as a corporate with larger numbers of ASICs. Only for corporate levels of mining companies, bitcoin mining is profitable right now with respect to bitcoin price and running costs.

yakdivine

member

Activity: 70

Merit: 10

Mining bitcoin are one of best way of making money online, though mining bitoin is capital intensive and from what I learned,mining is not suitable in most of the country that has expensive electricity. Now am study on way to mining bitcoin with minimal Electricity cost

JeffBrad12

hero member

Activity: 2898

Merit: 529

Leading Crypto Sports Betting & Casino Platform

Quote from: Chrismeister on September 29, 2016, 05:29:32 PM

Investing into the bitcoin can be good but I think its not worth it anymore in mining because of the fact that there has been done halving and due to that its not worth it anymore.
There is almost no profit anymore in it.

here you are

Before 2 BTC for a day and price is $300 and after halving 1 BTC and $600 and what the different of that, this is always same and still with at this time.

Chrismeister

sr. member

Activity: 465

Merit: 250

Investing into the bitcoin can be good but I think its not worth it anymore in mining because of the fact that there has been done halving and due to that its not worth it anymore.
There is almost no profit anymore in it.

Supercrypt

legendary

Activity: 1554

Merit: 1054

Quote from: Erzatium on September 29, 2016, 09:00:48 AM

It has been popular to do and it was profitable, it even was very profitable but the fact was that with all these halvings right now its not worth it anymore for small company's or miners.

But I believe that mining will again get its popularity when bitcoin prices just get doubled.

Yes, as you are mentioned after halving only very big companies are affording to mine by managing the running costs of mining process. But, personally I do believe once bitcoin prices climb up, mining process will again come into profit zone. So, it will regain its popularity and that is going to happen in real soon.

Topic: Is investing in mining still worth it? - page 10. (Read 12776 times)