Topic: Is investing in mining still worth it? - page 13. (Read 12776 times)
Mining bitcoin directly? I don't think so, unless you got a large capital. Mining other coins/algorithms? Probably, since there are coins that are worth investing and mining for. If you are gonna go and buy your own hardware, you can probably profit after a month or two but if you're gonna go and put some money on cloud mining, you are just throwing your money on the trash bin. Instead of investing on that platform, why not try to save and buy your own dedicated hardware for mining that you can manage and learn things from?
You can trust anyone today, let alone some anon site with BTC, only way for them to be in profitable is to invest your cash in some new design or business that can generate 2-3x more in short time, so they can pay you, just mining is not so profitable, they have to pay ppl working there, renting, HW, electric power
And if their investment in which you know nothing fail or they burn/spent cash you will lose all, and in either way they are always positive
And if their investment in which you know nothing fail or they burn/spent cash you will lose all, and in either way they are always positive
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.
$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.
It is not worth it to invest in any cloudmining site because sooner or later it will just turn to scam without getting the 100% ROI. Of course they will pay you small Bitcoin in your early time in that investment but eventually they will run. I can say this because in the past i tried to invest also in many cloudmining and in the end they just run.
You are right cloudmining sites are just scams and right they are just paying a small portion of your investment in the start but in the end they would ran away without being returned even your just capital which is a really disaster. Same as yours ive been investing on those sites before but now ive stoped and not trust them anymore.
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.
$100 would get me about 1TH. Would it still be worth it? Based on some calculations, the ROI would be just under 90 days. Their prices are pretty stable.
It is not worth it to invest in any cloudmining site because sooner or later it will just turn to scam without getting the 100% ROI. Of course they will pay you small Bitcoin in your early time in that investment but eventually they will run. I can say this because in the past i tried to invest also in many cloudmining and in the end they just run.
Invest in actual mining if you have enough money to do so. cloudmining is not worth to wast your money. 100$ is not enough to start actual mining. but I still suggest to OP(if he still didn't invested his Money) to not invest your money in any cloudmining site.
who told you that hashnest is 100% trust? do you trust hashnest to invest 100$ there? and do you know any other legit and trusted cloudmining here? I did a lot of research on cloudmining sites but sadly I didn't even find a single one.. lots of sites seems paying or promise to pay , but the ROI time will ruin your time.
In my opinion yes investing on cloud mining, but it is just for pasive income and not for active income. And you must make Investment on cloud mining service who can be trusted is like hashnest. And remember always there is risk on Investment.
who told you that hashnest is 100% trust? do you trust hashnest to invest 100$ there? and do you know any other legit and trusted cloudmining here? I did a lot of research on cloudmining sites but sadly I didn't even find a single one.. lots of sites seems paying or promise to pay , but the ROI time will ruin your time.
True there is no 100% legit site on cloudmining sites and im already used to it to invest on those site which that hashocean scammed me almost 5btc without achieving my ROI which is really sad thats why i dont trust anymore even 1% on cloudmining. Actual mining on your home would really cost you a lot but its better than having those cloudmining scam shits out there.
I agree that the hashpower highly concentrated in few hands and the mining diff can be big problems for the common user, when trying to mine.
But if you have skills with hardware, you can lower the costs with your equipment and with regard to electricity expenses.
But if you have skills with hardware, you can lower the costs with your equipment and with regard to electricity expenses.
after this halving maybe there are some miners left but for me no i have not that much expense to by those huge mining monsters to scrach the market but i think after 2020 btc mining is be profitable due to the mem pool
no after halving no as the reward is half but the pice as not changed and the maintenance fee in mining company is high till now
it doesn't matter before or after the halving the cloudmining was dead for a long time and before that it wasn't ever profitable. the only place that i ever liked was ghash that had real hash rate and you could see they owned a large percentage share of the market. but ever since they paused their operation all the other cloudminers are only running a ponzi.
Invest in actual mining if you have enough money to do so. cloudmining is not worth to wast your money. 100$ is not enough to start actual mining. but I still suggest to OP(if he still didn't invested his Money) to not invest your money in any cloudmining site.
who told you that hashnest is 100% trust? do you trust hashnest to invest 100$ there? and do you know any other legit and trusted cloudmining here? I did a lot of research on cloudmining sites but sadly I didn't even find a single one.. lots of sites seems paying or promise to pay , but the ROI time will ruin your time.
In my opinion yes investing on cloud mining, but it is just for pasive income and not for active income. And you must make Investment on cloud mining service who can be trusted is like hashnest. And remember always there is risk on Investment.
who told you that hashnest is 100% trust? do you trust hashnest to invest 100$ there? and do you know any other legit and trusted cloudmining here? I did a lot of research on cloudmining sites but sadly I didn't even find a single one.. lots of sites seems paying or promise to pay , but the ROI time will ruin your time.
Better stay away from cloud mining. If you mine altcoins, you might earn something if you mine good coin, but if you want to mine bitcoin you will never get ROI.
no after halving no as the reward is half but the pice as not changed and the maintenance fee in mining company is high till now
Well, the best option would be to build your own rig, if we talk about home mining. If you cannot do that, here is the next best thing, scrypt cloud mining:
https://bitcointalksearch.org/topic/1-how-to-make-money-in-crypto-with-minerjoe-hashflare-1579210
https://bitcointalksearch.org/topic/1-how-to-make-money-in-crypto-with-minerjoe-hashflare-1579210
cloud mining is not real mining. when you say investing in mining I thought you will buy a mining rig. but those cloud mining sites are ponzi and they always scam their costumer and flee
you will surely get profit if the sites will remain for 3-4 month .
but i think the site will never goes diwn atleast for 10 month .
so i will suggest you can invest withiut tension .
but i think the site will never goes diwn atleast for 10 month .
so i will suggest you can invest withiut tension .
In my opinion yes investing on cloud mining, but it is just for pasive income and not for active income. And you must make Investment on cloud mining service who can be trusted is like hashnest. And remember always there is risk on Investment.
of course it is not worth it, if the website is legit you will not make any good money out of it, if it is a scam then you will lose all your money i am not recommended for hashnest, with difficulty of bitcoin now, if you don't have big GHS, just only 1 THS, you will not get ROI in short term, and i am not sure if you can get it for long term too. because maybe we all know that hashnest will launch S9 but we don't know when, only Bitmain itself that know how much they could profit with their S9 and they trying to gain much much profit first then if they only could gain 50 % of profit, then S9 will be launch soon.
Well, I do believe that as long as prices go down like this and you can't buy S9 hashes from there, even if you have 10 THS you may still lose money, you have to start making money by prices going up and down instead of only mining, mining is there just to keep you profitable enough to cover the price difference between buy price and sell price. I believe cloud mining is not dead but it is a very difficult now, still possibilities for early bird and high bidder.Yes its because the difficulty of blocks are higher enough and i really see that some of mining companies are struggling to get their roi people and investors also claiming that they dont still get their capital for such a long time of investing on their behalf, so thats why i dont really see any point why we need to look for it and find it profitable so we better stay out of that program for now.
i am not recommended for hashnest, with difficulty of bitcoin now, if you don't have big GHS, just only 1 THS, you will not get ROI in short term, and i am not sure if you can get it for long term too. because maybe we all know that hashnest will launch S9 but we don't know when, only Bitmain itself that know how much they could profit with their S9 and they trying to gain much much profit first then if they only could gain 50 % of profit, then S9 will be launch soon.
Well, I do believe that as long as prices go down like this and you can't buy S9 hashes from there, even if you have 10 THS you may still lose money, you have to start making money by prices going up and down instead of only mining, mining is there just to keep you profitable enough to cover the price difference between buy price and sell price. I believe cloud mining is not dead but it is a very difficult now, still possibilities for early bird and high bidder. 
In my opinion yes investing on cloud mining, but it is just for pasive income and not for active income. And you must make Investment on cloud mining service who can be trusted is like hashnest. And remember always there is risk on Investment.
i am not recommended for hashnest, with difficulty of bitcoin now, if you don't have big GHS, just only 1 THS, you will not get ROI in short term, and i am not sure if you can get it for long term too. because maybe we all know that hashnest will launch S9 but we don't know when, only Bitmain itself that know how much they could profit with their S9 and they trying to gain much much profit first then if they only could gain 50 % of profit, then S9 will be launch soon.
It's worth it, just be ready to buy and sell when prices go down and up.
Probably you're right but I don't know anyone who made a profit from mining, especially clod mining recently. I think this is not anymore profitable as it used to be at the beginning.
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