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March 19, 2018, 05:38:40 AM |
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Profitability Cloud mining. Usually only provide one coin in renting/purchasing plan. You have more free time and free from technical maintenance. Not to be troubled by picking hardware. But with stuck in one coin, you get less.
Self-mining. You can pick several different algorithms to mine, and of course, give you more chance to get more profits. But you will be troubled by several things. Choosing the hardware, build the rig (if you decide to GPU miner), Devices settings (both GPU or ASIC). Technical maintenance and troubleshoot.
Security Whatever it is, Self-mining 95% secure cause you will manage it yourself. Cloud mining would give you more risk, they can scam you anytime but didn't mean all cloud mining would scamming you. I have personal experience with cex.io at first of 2014 until the middle of 2014. They have own mining pool called Ghash.io (one of the biggest Bitcoin pool at that time)
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