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Topic: Is it possible to make 1btc/day from cloud mining? - page 2. (Read 774 times)

staff
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It is almost impossible to earn 1 bitcoin in one day from cloud mining, and honestly speaking, most of the cloud mining sites are ponzi schemes that could shut down anytime without warning, it would be better for you to put your bitcoins into other investment sites rather than cloud mining.
legendary
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Merit: 1007
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So u want to make $150k per month and $1.8 mil per year just from cloud?

Sure, it s possible, if you invest 5 million into the farm. You will not reach ROI but it is possible.

I suggest you do a bit more reading. It takes a lot of skill to make money on cloud mining.
hero member
Activity: 1526
Merit: 596
Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable?  Huh

Is it possible? Yes of course.

If you invest like 1000 BTC into a genesis mining contract then i think you would have no problems getting 1 BTC per day back.

However the main issues are:

- You probably do not have 1000 BTC to start with
- Genesis mining likely do not have that many contracts that are available for sale
- You will likely never achieve ROI, because of the maintennance fees involved.

Thereotically, yes you can. But practically even if you do get 1 BTC per day in the end your investment will not be worth it.
hero member
Activity: 826
Merit: 1000
Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable?  Huh

yes you can make for that you have to invest almost 4 PH/s or 4000.0 TH/s then only you get 1 btc daily in cloud mining for that you have to invest almost 112 BTC then only you can get this amount ..i don't think its profitable better you can start your own mining rig and do your own mining that way its profitable
member
Activity: 96
Merit: 10
No. No. And again there is NO
Count how many contracts you need to buy! Cloud mining is ponzi scheme.

Please, first search on this forum, before asking such nonsense.
https://www.google.com/search?q=cloud+mining+ponzi+site:bitcointalk.org
newbie
Activity: 2
Merit: 0
Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable?  Huh
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