Bitcoin Forum

I will have a budget of 220 bucks.Where is the best place to mine and is available.What will be my roi?And a question,Ive heard about an S6 antminer coming up real soon but is there any conformation about that?

That's a lot of money, don't 51% any coin network with that much power!

Buy $200 of bitcoin and $20 in litecoin, hold until price is good.

If you spend in cloud mining you will lose your money.

this is a good advice.

90% of cloudminers are scams/ponzis and the rest is nowhere near profitable.

What I do is buy BitShares BitUSD as savings account (whatisbitusd.com) - short: pegged to the dollar price, earns interest, blockchain secure.

Hashnest, S5. Period.

The other option is to go PoS.

I like DMD Diamond as a great PoS option, 50% annual interest.

https://bit.diamonds/

Buy BTC and hodl! Or buy some alts like LTC. You can buy some risky coins with potential also like CON or KTK.

 ;D And what's left buy some EGG ;D

Holding does no good for the crypto economy. BTC need to circulate in order to increase adoption.

HashNest. One of the few non ponzi cloud miners in existance

And Bit-X.com

I wouldnt recommend any cloud mining company, ROI is so far u cant even see it.
Like another memeber said upper, better buy and hold ; or if u dont have the patience, play with trade  a little.

You'd waste your money, don't cloud mine, invest in altcoins. That's the future. Those companies are rarely legitimate.

hashnest is the best place to invest for cloud mining since its the most legit. Altcoins is a very bad idea since it really is gambling and you could get lucky or burnt very quick. Its not an investment as much as gambling

Many people recommend scrypt.cc

Differentiation s always a good option. I do cloudmine, mostly Hashnest but I also invest into altcoins, DMD Diamond s my favorite choice.

Not many people do..

CloudMining.website is known to provide ROI quick. Here is what a third party review site reported...

http://www.anony.ws/i/2015/03/02/cmmonitor1.png

Source: www.cmmonitor.com/24-cloudmining-website.html

They are paying consistently for seven months now: www.cloudmining.website/payments.php


Probably you can wait for the 21 chip, if you are really interested in hardware mining. This will probably be a paradigm shift in the mining world. An ongoing discussion regarding this can be found here : https://bitcointalk.org/index.php?topic=1070450.0

Please actually look at the math before you use that monitor site as evidence to dump a lot of money into an "investment."  They invested a happy meal and have made a tiny btc profit, that is worth less USD than when they started.

I think the s4 is more profitable right now, but I still get the s5 hash because there is more room to move on the downside and still make money.

I agree that hasnest is maybe the best cloud miner.  It is not a ponzi and they are owned by Bitmain, the manufacturer of antminers.  This gives them a tremendous advantage over the competition.  Their competitors buy equipment form them at a higher price than they pay to make it for themselves.

That being said most consider bitcoins, and cloud mining in particular to be pretty risky.  So only put this money in if you can lose it without it effecting you life in any way.

On the contrary.. Many people, or most people to be more exact, recommend to avoid such ponzi scams like scrypt.cc and alike them. The only places where people recommend them are their own threads full of paid shills and some newbie accounts elsewhere, created just for that single purpose.
People that recommend you scrypt.cc are either shills or heavy invested there and want more money to feed the ponzi so they could get out with more profit. Also can be retards of course..

If you want safety Hashnest is your way to go, they are supported by the largest asic manufacter right now so they are not likely to run away with your btcs but their ROI is not that quick tough.. If you wanna take some risks i can sugest scryptcc, as khs prices are rising fast (bcz of supposed reward increment on 1st June) and they can provide a faster ROI.

You must try out Bit-X as they offer the best payouts in this industry regarding cloud mining...
You can just ask regarding your ROI here: https://bitcointalk.org/index.php?topic=874312.0 (https://bitcointalk.org/index.php?topic=874312.0)

Hashnest, hands down.

I use S4, I don't really think btc would ever go down low over S4's cushion unless some major event happened.