Bitcoin Forum
July 16, 2024, 07:40:25 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Mining (Altcoins) / Is mining altcoins worth it on cloud mining? on: February 04, 2014, 04:25:45 AM
I've been doing some researching into mining altcoins, and have a few questions regarding using cloud mining.

Firstly, is this even worth it?  There is the reduced cost of power consumption with cloud mining, but I'm skeptical that that is even relevant since the margins on altcoins can be extremely small.

Secondly, is digital ocean a good service for this?  I've seen many posts about how to setup on digital ocean, but I'm thinking that the main reason I'm seeing only digital ocean is because they have a nice referal program and they really want to make money, so they just suggest this one.

Thanks to anyone who helps me out,
Ryan.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!