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Author Topic: A blog i wrote for people new to BTC (comparing Cloud mining Vice Home Mining)  (Read 291 times)
TheFatHampster
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June 16, 2016, 12:22:10 PM
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Hi everyone,

Just done another little helpful post for UK and US users regarding the costs and advantages/disadvantages of CloudMining/Home Mining. you may find it useful take a look at https://btchero.wordpress.com/ please give me constructive criticism i have been away from the BTC/altcoin community for a few years now and really want to get back into the swing of things and help any newbies out. let me know what you think either here or on the blog post itself. ill be putting up a few more blogs today so stay tuned! I made this post mainly for myself and doing the calculations certainly helped me decide the best course of action.

thanks for taking the time to read this post and its good to be back!

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merelcoin
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June 16, 2016, 12:35:31 PM
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Hi everyone,

Just done another little helpful post for UK and US users regarding the costs and advantages/disadvantages of CloudMining/Home Mining. you may find it useful take a look at https://btchero.wordpress.com/ please give me constructive criticism i have been away from the BTC/altcoin community for a few years now and really want to get back into the swing of things and help any newbies out. let me know what you think either here or on the blog post itself. ill be putting up a few more blogs today so stay tuned! I made this post mainly for myself and doing the calculations certainly helped me decide the best course of action.

thanks for taking the time to read this post and its good to be back!



Your conclusion is that cloudmining is the way to go... I'm not completely sure if i agree.
If you search this forum : https://cse.google.com/cse?cx=016660200577587308545%3Aesf40ml9aag&ie=UTF-8&q=genesis-mining&sa=Google+search#gsc.tab=0&gsc.q=genesis-mining&gsc.page=1
You'll see that the opinions about genesis mining are mixed (to say the least), a lot of other cloud mining companies are simply ponzi's (don't know about genesis-mining tough). I think it might be wise to elaborate on the ponzi scheme, so you don't push newbies towards cloudmining before they educate themselfs on the possible risks they're opening themselfs up to.
TheFatHampster
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June 16, 2016, 12:41:11 PM
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Thanks merelcoin,

ill add an edit in about an hour when i get home with a disclaimer, as i said in the post i have gambled $190 towards it and i will be doing an in depth blog weekly (hopefully) seeing how they perform for me. Thanks for taking the time to get back to me! its much appreciated.

 
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