Cloud mining (short term and or with exit strategy)
Gambling investments (short term with exit strategy i.e: moneypot)
Could you please explain how it works (if it does at all). From all I know Cloud mining haven't been profitable for anyone except the owners of the sites which offer the scheme.
Back to OP's question. My "Passive Income", if we may to call it so, the Sig. Campain on this forum. It gives me from $25 to $50 per month (which is not bad where I live).
Cloud mining has always seemed dubious to me for one simple fact: there is a company that has a lot of mining capability, so what should they do with it? They have two options:
1) Mine bitcoins with it.
2) Sell it to others to mine bitcoins with it.
As rational business people, they choose the option that makes them the most money. Do you see the problem with this then? The fact that they choose option two means it costs more to rent the mining hardware than the mining hardware will ever produce, otherwise they would be choosing option one.
So anyone renting hardware in a cloud mining operations is renting it at prices higher than the hardware will produce for them. If the hardware did produce more than the market rental prices, the cloud mining company would just be using it to mine bitcoins with it themselves, since that is more profitable.
