Is investing in mining still worth it?

[pandalion98]

Right now, I'm planning to invest more or less $100 in HashNest since I've used their services before, but on a very very small scale.

$100 would get me about 1TH. Would it still be worth it? Based on some calculations, the ROI would be just under 90 days. Their prices are pretty stable.

[Pursuer]

i would never suggest anyone to invest in cloudmining because most of them are going to end up with a disaster sooner or later. they can't remain forever. especially if they are Ponzi scheme instead of a legit cloudmining service with real hashrate for mining. so in your 90 days to reach your ROI a lot of things can change and they can even run away.

p.s. you should move this topic to services discussion board.

[pandalion98]

i would never suggest anyone to invest in cloudmining because most of them are going to end up with a disaster sooner or later. they can't remain forever. especially if they are Ponzi scheme instead of a legit cloudmining service with real hashrate for mining. so in your 90 days to reach your ROI a lot of things can change and they can even run away.

p.s. you should move this topic to services discussion board.

Yeah, okay. I'll move this in a sec.

By the way, HashNest has been here for more than a year now. The same company (BitMain) runs AntPool so I'm pretty confident they have the gear to do it.

[arwin100]

i would never suggest anyone to invest in cloudmining because most of them are going to end up with a disaster sooner or later. they can't remain forever. especially if they are Ponzi scheme instead of a legit cloudmining service with real hashrate for mining. so in your 90 days to reach your ROI a lot of things can change and they can even run away.

p.s. you should move this topic to services discussion board.

Yeah, okay. I'll move this in a sec.

By the way, HashNest has been here for more than a year now. The same company (BitMain) runs AntPool so I'm pretty confident they have the gear to do it.

I think its profitable if you mine alts like eth knowing its valuable alt nowadays and many miner shift to mine eth because some other miners get more profits rather than mining some bitcoins,

And for hashnest better go to mining section where you can gather more info about it and ask experience miner if its still good to share some pool to the miners there.

[james.lent]

Right now, I'm planning to invest more or less $100 in HashNest since I've used their services before, but on a very very small scale.

$100 would get me about 1TH. Would it still be worth it? Based on some calculations, the ROI would be just under 90 days. Their prices are pretty stable.

How would 100$ get you 1th on hashnest? Or am i missing something here? 

[Edwardard]

dont use cloudmining services. they offer high roi at low rate it means they are ponzi and not a mining company. you should get your own rig and start mining from your own rig. just my 2cents.

[JITENDERPAR]

I recommended you to don't invest in cloud mining because now a days all the cloud mining sites are scamming people and if we calculate the average profit of cloud mining it doesn't make profits more than 0.0089$ something per day. And it is a very long term process, when your investment gives you returns. So Stay away from cloud mining sites....

[AceOfPentacles]

I have looked at Genesis X11 mining, they say it mines the most profitable coins...any feedback or experience with this?

[x4]

I have looked at Genesis X11 mining, they say it mines the most profitable coins...any feedback or experience with this?

Yup many people says that genesis can be trusted but their investment program is for longterm, maybe 5 months to 1 year will you able to back your ROI in that site.

[European Central Bank]

the upcoming days, week and months are gonna be anything but stable in mining. all kinds of weird things may happen. if it were me i'd hold off for a while to see what develops.

[jack1111]

I don't recommend this kind of investment , especially the halving is coming , so may be a lot of those sites change their profit rates , the mining of Bitcoin won't be profitable any more , you can use your money to trade altcoins , it is more prfitable .

[robelneo]

Right now, I'm planning to invest more or less $100 in HashNest since I've used their services before, but on a very very small scale.

$100 would get me about 1TH. Would it still be worth it? Based on some calculations, the ROI would be just under 90 days. Their prices are pretty stable.

Have you not heard about hashocean until now people cannot get over with their lost hundreds thousands of dollars have been lost because of their so called security failure which is till in doubt,so doubt invest on yout hard earned money on cloud mining again just do trading it's much more profitable..

[crairezx20]

The only thing that i can suggest to you is to mine altcoin make your own hardware to mine altcoin instead of investing it in other site anytime they can run.. just like cloud mining site hashocean.. better to mine with your own build your own cpu with high gpu to mine altcoin i think $100 can start mining altcoin..

[pvaspecialist]

hope you don't invest in HashNest.All cloud mining are ponzi scheme.you can search about cloud mining you will get review about cloud mining.last scam report for HashOcean a cloud mining firm they run out.cloud mining not profitable at the end.there have more possibility to lose your all investment.thanks

[socks435]

Now a day there is new hashocean issue almost many people are invested in that site so  i think its not recommended that you invest  your money in any investment sites better to stay away.. try trading and relay on coinmarketcap choose top 10 altcoin to invest so that you are far in shit coins..

[European Central Bank]

not that i'd ever put any money into any cloud mining, but isn't hashnest run by bitmain? that's a truly enormous player in bitcoin. i'd be amazed if it was a ponzi but anything's possible i guess.

[Bitcoinsummoner]

I think mining altcoin is still worth it that high amount you can start mining cpu and gpu mining with premined altcoin ethereum i think its still profitable..

[bitbunnny]

Just don't invest in cloud mining, there are some really bad experineces with that. Mining is not so much profitable as before but there is till room to earn something.

[smho_16]

Hashnest is the most legit cloud mining company because its backed up by bitmain the company which produces the antminers so they are as legit as it can get. You will have difficulty ROI-ing with them, but a lot of shit posters here who talk without knowing anything and claiming this is a ponzi.
You can invest in Hashnest and they will be here as long as Bitmain will continue producing antminers.

[mrsalve]

Better wait a halving before investing it to any cloud mining.