Author

Topic: What do you prefer? Cloud Mining OR Mining Yourself. (Read 2388 times)

legendary
Activity: 1540
Merit: 1000
Cloud mining, I really like the idea of renting hashing power because I hate doing mining myself, too bad there aren't very many scrypt contracts out there.
newbie
Activity: 14
Merit: 0
Buying and selling will not make safier BTC.
hero member
Activity: 826
Merit: 1000
'All that glitters is not gold'
The price of BTC will continue to raise and all other coins will gain more value.
Buy then trade.
Don't waste $ and time with mining.
newbie
Activity: 5
Merit: 0
i mine XPM on free virtual machines (trial)
1-2 XPM for each acc (permitted) daily
4 accs for now  Smiley
legendary
Activity: 1036
Merit: 1001
/dev/null
I'll pick option 3: Not mining.

I prefer not to lose money.

yeah, indeed. same here..no asic mining anymore.

months of waiting, poor communication, delays, no refunds, heat, noise, el. consumption, bla bla bla - for nothing. the easiest way how to profit is just buy BTC (at any price) and wait couple of moths/years.)

and if is somebody to geeky, just build your own super hyper LTC rig and resell cards anytime you want.
legendary
Activity: 1974
Merit: 1003
im doing both Smiley
legendary
Activity: 1050
Merit: 1000
I prefer cloud mining as I don't have to pay for electricity costs. Just pay for the Hash Rate.

what do you prefer?



How many cloud mining providers are there available. I only know of cex and cloudhashing.

There is pyramining.com
hero member
Activity: 728
Merit: 500
I'll pick option 3: Not mining.

I prefer not to lose money.


Then what do you do for earning btc?

I used to short mining contracts ^^ (or rather: invest in a construction that is very similar to shorting mining contracts). Nowadays I make a bit on the side with arbitrage-trading.

But people should get away from the idea that mining is the way to make bitcoins. Mining is securing the network, the bitcoin rewards are payments for that effort. If you go to a foreign country, you trade your own currency for the local currency, you don't go work as a security guard for a local bank for a week to get started. Bitcoin is no different.
full member
Activity: 147
Merit: 100
Mining myself as I could point my miners to profitable altcoins.
member
Activity: 205
Merit: 29
Love yourself.
I prefer Cloud Mining. Bigger profits if you trade GH/s  Cool
sr. member
Activity: 400
Merit: 250
the sun is shining, but the ice is still slippery
I prefer cloud mining as I don't have to pay for electricity costs. Just pay for the Hash Rate.

what do you prefer?



How many cloud mining providers are there available. I only know of cex and cloudhashing.
legendary
Activity: 1050
Merit: 1000
I'll pick option 3: Not mining.

I prefer not to lose money.


Then what do you do for earning btc?
hero member
Activity: 728
Merit: 500
I'll pick option 3: Not mining.

I prefer not to lose money.
legendary
Activity: 1050
Merit: 1000
I prefer cloud mining as I don't have to pay for electricity costs. Just pay for the Hash Rate.

what do you prefer?

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