The short answer is no.
I have encountered more cloud mining scams than "legit" websites. You can make money but you have to be very patient and hope the website doesn't exit scam within the several months it takes for you to earn back your investment.
Since the bitcoin halving, mining has only become profitable for huge farms. If you are looking to buy an ASIC for fun, that's not a problem, but remember your expenses wlll probably outweigh your earnings.
Topic: Is investing in mining still worth it? - page 12. (Read 12776 times)
If I put my money in any mining then it would be scrypt. Mining sites that offer ETH and DASH... with fixed period contracts then they are not worth it.
I believe its not worth it as you have hardly anything to rely on such sites or mining sources . What is important is the ROI you will get on mining . Recently there has been couple of mining sites which had huge audience and they got disappeared all of a sudden and it takes months to get what you invested .
I don't think investing in mining is worth anything now as its getting expensive day by day 
I recommend you to keep hold on bitcoin rather than invest on mining site which has their own risk.
AFAIK all mining site will collapse, just a matter of time !
Bitcoin become more valuable so we must think smart on how we hold our precious bitcoin
AFAIK all mining site will collapse, just a matter of time !
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The bitcoin has a good future a head but the mining industry is not so good anymore these days since the halving!
The bitcoin has a good future a head but the mining industry is not so good anymore these days since the halving!
Bitcoin become more valuable so we must think smart on how we hold our precious bitcoin
No investing into mining is not so profitable anymore and I think because of that also not worth it anymore its just that its way too risky and you will gain not a lot anymore.
The bitcoin has a good future a head but the mining industry is not so good anymore these days since the halving!
The bitcoin has a good future a head but the mining industry is not so good anymore these days since the halving!
No its not worth it anymore because of the fact the halving has ruined this, you have too much electrical bills compared with what you got.
Its not profitable anymore these days so you should not do this anymore.
The halving indeed made it more difficult but I still think it can be profitable but its not so easy anymore, you need a very good plan to make it now profitable.Its not profitable anymore these days so you should not do this anymore.
Some people are still doing it right now and are making some profit so that is saying enough, its still possible.
If mining is not already profitable then there were no miners indeed but as of now there are still miners which means its still profitable as same as you said and i think those miners which is profitable is those to have mining farms, in my own view if you mine just using 1 rig maybe it owuld not be profitable i guess.
In my opinion i think the halving tells that mining are not profitable for some countries that got an high electicity cost blocks are getting harder and harder to get thats why many people would really say that mining is not worth it nowadays, but if you think you are in low cost electicity country or using solar panel upon mining well maybe it could still profitable for since you can mine and mine as you want.
The hashpower concentration in a few hands and the mining diff are big problems lately . But I think if you have skills to lower the costs with equipment and electricity costs, it may be worth..
To be honest, I also do not think mining is profitable like it was before the halving, you can still do it now and make some profit but its less more than before.
The guy above me is also saying this and its right, you can still make some but not much anymore.. its a real pity.
The guy above me is also saying this and its right, you can still make some but not much anymore.. its a real pity.
No now the halving has been done, its not really worth it anymore, you can still make profit but its not like it was back in the days, I would not recommend you it anymore.
Back in the days before the halving the profit was way better, you could have gained way more bitcoins than now..
Back in the days before the halving the profit was way better, you could have gained way more bitcoins than now..
Without miners there would be no bitcoin, so its worth to some people. Price of electricity is not the same for everyone, price of bitcoin miner equipment is not so high for everyone. They must have good profit from all that when, when they are still in business.
I didn`t mean about cloud mining, that is 99 % a scam. Maybe it can last for month, maybe two, nobody knows when they will just disappear without a trace and with your money. I don`t invest in that kind of services, and its stupid to compare mining bitcoin with cloud mining.
I didn`t mean about cloud mining, that is 99 % a scam. Maybe it can last for month, maybe two, nobody knows when they will just disappear without a trace and with your money. I don`t invest in that kind of services, and its stupid to compare mining bitcoin with cloud mining.
No its not worth it anymore because of the fact the halving has ruined this, you have too much electrical bills compared with what you got.
Its not profitable anymore these days so you should not do this anymore.
The halving indeed made it more difficult but I still think it can be profitable but its not so easy anymore, you need a very good plan to make it now profitable.Its not profitable anymore these days so you should not do this anymore.
Some people are still doing it right now and are making some profit so that is saying enough, its still possible.
If mining is not already profitable then there were no miners indeed but as of now there are still miners which means its still profitable as same as you said and i think those miners which is profitable is those to have mining farms, in my own view if you mine just using 1 rig maybe it owuld not be profitable i guess.
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.
since you will get a better profit of btc if site remain online after 90 days . but what if the site ran before 90 days , you will loss all your money and hope .$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.
here the best example of hashocean scam teaches us never invest in mining site . but still you are looking for mining .
i think cloud mining is a risky thing, for sure one day it will scam your money, i suggest you to take your money to invest it in other place, eventhough sometimes the return of profit is so tempting but i think i prefer go to investment which is slow but safe
if you are asking can the cloud mining making profit, then the answer is yes if you are lucky
Of course, ever since from the very first cloud mining is too risky, and its not recommended anymore because all of them become scam someday maybe not this day but its possible tomorrow as long as they reach their quota, they will stop paying to their members and the site will turn to scam. But sometimes others make this as a way of gambling, they gamble to a cloud mining site and tried there luck if they can get profit just like gambling a dice game. if you are asking can the cloud mining making profit, then the answer is yes if you are lucky
No its not worth it anymore because of the fact the halving has ruined this, you have too much electrical bills compared with what you got.
Its not profitable anymore these days so you should not do this anymore.
The halving indeed made it more difficult but I still think it can be profitable but its not so easy anymore, you need a very good plan to make it now profitable.Its not profitable anymore these days so you should not do this anymore.
Some people are still doing it right now and are making some profit so that is saying enough, its still possible.
If mining is not already profitable then there were no miners indeed but as of now there are still miners which means its still profitable as same as you said and i think those miners which is profitable is those to have mining farms, in my own view if you mine just using 1 rig maybe it owuld not be profitable i guess.
No its not worth it anymore because of the fact the halving has ruined this, you have too much electrical bills compared with what you got.
Its not profitable anymore these days so you should not do this anymore.
The halving indeed made it more difficult but I still think it can be profitable but its not so easy anymore, you need a very good plan to make it now profitable.Its not profitable anymore these days so you should not do this anymore.
Some people are still doing it right now and are making some profit so that is saying enough, its still possible.
No its not worth it anymore because of the fact the halving has ruined this, you have too much electrical bills compared with what you got.
Its not profitable anymore these days so you should not do this anymore.
Its not profitable anymore these days so you should not do this anymore.
i think cloud mining is a risky thing, for sure one day it will scam your money, i suggest you to take your money to invest it in other place, eventhough sometimes the return of profit is so tempting but i think i prefer go to investment which is slow but safe
if you are asking can the cloud mining making profit, then the answer is yes if you are lucky
if you are asking can the cloud mining making profit, then the answer is yes if you are lucky
If you want to earn work hard for it. Mining is a good source of bitcoin but if you don't have the capacity to do it because your pc has poor quality then just don't force it. If you do cloud mining only the owners are the benefactor so i suggest you study trading still risky but worth it than cloud mining.
Working is the way to go. And I know that mining is not an easy thing, since you have to monitor your hardware and make sure to change/replace settings/equipment.
But having bought miners i can say there is no more money to be made in that scene. The big boys who can buy cheaper electricity and miners can make some money but for the home miner, mining is over. A couple of years now.
If you want to earn work hard for it. Mining is a good source of bitcoin but if you don't have the capacity to do it because your pc has poor quality then just don't force it. If you do cloud mining only the owners are the benefactor so i suggest you study trading still risky but worth it than cloud mining.
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