Author

Topic: What's the best mining website? (Read 543 times)

legendary
Activity: 3472
Merit: 4801
May 18, 2015, 11:31:22 AM
#4
This question was also answered on your other thread that asked a similar question:

I checked out CloudMining.website and buying hash power looks pretty cheap. Do you think it is a good investment to buy a bit and then begin mining?

No.

There are many could based mining sites that are scams. It would be best to avoid them unless you are very certain that you have found one of the few could mining sites that aren't scamming and that can actually provide you with a reasonable chance at a profit.

If you have access to cheap resources (ASIC equipment, cooling, and electricity) then you might be able to mine profitably, otherwise you can consider mining at a loss as a hobby if the technology and activity interests you.

Perhaps in the future, you can avoid splitting the conversation by avoiding asking similar questions in multiple threads.
sr. member
Activity: 252
Merit: 250
Go figure! | I'm nearing 1337 posts...
May 18, 2015, 11:25:31 AM
#3
Self-explanatory, really. Where's the best mining website with the highest payouts? I'm new to bitcoin so I'm not quite experienced in this.

You are asking the wrong question. Highest payout is irrelevant when they are ponzi.

-> https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387

Oh. Thanks for the link and help.
copper member
Activity: 1498
Merit: 1528
No I dont escrow anymore.
May 18, 2015, 11:15:47 AM
#2
Self-explanatory, really. Where's the best mining website with the highest payouts? I'm new to bitcoin so I'm not quite experienced in this.

You are asking the wrong question. Highest payout is irrelevant when they are ponzi.

-> https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387
sr. member
Activity: 252
Merit: 250
Go figure! | I'm nearing 1337 posts...
May 18, 2015, 10:59:09 AM
#1
Self-explanatory, really. Where's the best mining website with the highest payouts? I'm new to bitcoin so I'm not quite experienced in this.
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