Is investing in mining still worth it?

[shield132]

Why everyone is saying that all cloud mining websites are scams? This man says that he wants to invest in hashnest, which is legal cloud mining and it's Bitmain's own company. So don't anyone knows that Bitmain is making AntMiners? Will you say that antminers are scam things? Or at least Bitmain is scam? No, they are legit and most trusted and investing in hashnest is 100% safe because they are legit and their team is leading in bitcoin mining.

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[Babayega31]

Why everyone is saying that all cloud mining websites are scams? This man says that he wants to invest in hashnest, which is legal cloud mining and it's Bitmain's own company. So don't anyone knows that Bitmain is making AntMiners? Will you say that antminers are scam things? Or at least Bitmain is scam? No, they are legit and most trusted and investing in hashnest is 100% safe because they are legit and their team is leading in bitcoin mining.

Simple logic men as you can see the difficulty to get blocks is very harder to get/find and that means mining would provably not profitable ways to get btc and even they are legit investment company they will still in state of financial breakdown since their operatiom are not profitable by themselves and thats the reason now i think they are running as ponzi but sooner or later they will collapse like those other who runs first.

[SAMKUSH]

Investing in cloud mining is never a good idea, most of the time they are ponzi schemes. If you're interested in mining then you could try mining altcoins. Minergate is a great site that offers different altcoins that are profitable to mine with your pc

[lumeire]

Investing in cloud mining is never a good idea, most of the time they are ponzi schemes. If you're interested in mining then you could try mining altcoins. Minergate is a great site that offers different altcoins that are profitable to mine with your pc

Mining alts it just waste of time if you don't have a good GPU.

If you're gonna invest in Hashnest be sure to learn how to trade and predict markets too. It's never in buy-and-forget in there, you need to know when to sell your GH/s otherwise you won't reach ROI.

[Supercrypt]

Investing in cloud mining is never a good idea, most of the time they are ponzi schemes. If you're interested in mining then you could try mining altcoins. Minergate is a great site that offers different altcoins that are profitable to mine with your pc

I used minergate and let me say it is completely useless. I ran minergate app on  my computer for more then 2 months and It didn't even produce equal to 1$ of altcoins. Only one reason if someone still want to use it is it is free and if you can run it for months or for years you may make some altcoins. But it is not worth for effort honestly.

Now a days, lots of altcoins Giving POS (Poof of Stake) feature. It is much better then mining. Just buy some altcoins and store them in your wallet and keep the wallet run and you'll get some interest daily.

[newcoins1978]

Investing in cloud mining is never a good idea, most of the time they are ponzi schemes. If you're interested in mining then you could try mining altcoins. Minergate is a great site that offers different altcoins that are profitable to mine with your pc

Mining alts it just waste of time if you don't have a good GPU.

If you're gonna invest in Hashnest be sure to learn how to trade and predict markets too. It's never in buy-and-forget in there, you need to know when to sell your GH/s otherwise you won't reach ROI.

This is so right. I would reckon anyone to invest either with hashnest or another cloud mining company.
Mining even with asics is with the same risk as gambling. You can hit some profit but you will end up with a significant losing of your money.

[JasonXG]

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.

I'm thinking that 90days is much too high in don't think that will be sustainable. 180 days seems more legit but of you do go for it let us know how it goes.

[Hellacopter]

Mining is so expensive nowadays , i think it's worthless, unless you are really able to start with very huge budget. In the other hand take care of the so called cloud mining site, because most of them are just scam projects and ponzi schemes.

[DebitMe]

Why everyone is saying that all cloud mining websites are scams? This man says that he wants to invest in hashnest, which is legal cloud mining and it's Bitmain's own company. So don't anyone knows that Bitmain is making AntMiners? Will you say that antminers are scam things? Or at least Bitmain is scam? No, they are legit and most trusted and investing in hashnest is 100% safe because they are legit and their team is leading in bitcoin mining.

Anything that takes your money and gives you less than what you expected is considered a scam.
They can make it look all nice and pretty but in the end it is still a scam job when they pull the wool over your eyes.

First off, where does it say that Hashnest is a legal cloud mining site?  It may be legit, but it is far from legal.

And that is not entirely true.  Just because you did calculations wrong on cloud mining does not make it a scam or ponzi.  Ultimately, you are the one who has to make the calculations and decide what your profitability will be, and if it loses money you have only yourself to blame.

[soros017]

The hashpower concentration in a few hands and the mining difficulty are real problems lately.
But if you have skills to lower the costs with equipment and electricity, it may be worth.

[Supercrypt]

The hashpower concentration in a few hands and the mining difficulty are real problems lately.
But if you have skills to lower the costs with equipment and electricity, it may be worth.

That's all true if you're starting to invest in mining for yourself but OP here is asking about investing in HashNest.

I don't really have any personnal experience with HashNest so I can not say anything except the fact that many people are actually invested in that site and had their profits returned about 3 months after.

[andyste]

you can compare price hash power after and before halving
because is not compare you can not value your site join real mining or not
if is true real mining is ok,but real mining is BEP over 90 day, if 90 day or under 90 day maybe only hyip scheme ponzy
if you have self hardware and self mining, mining profitable only price bitcoin high

[tsaroz]

With large industrial farms for mining bitcoin in operation. Individual efforts seems worthless. The miners are using 1000s of dedicated hardware to mine bitcoins in buildings designed for cooling.

[Achargeturry78]

yes, investing in mining is still worth it. I have a lot of friends that are still in mining business and it seems like there is no problem in investing and they are still earning money like what the should ear before and for now i think it is bigger. when you are investing, the more you invest, the more you have a bigger money to be paid by the invest in mining than what you have invested.

[Cast12]

It's worth it, just be ready to buy and sell when prices go down and up.

[Daffadile]

I think definitely for smaller amounts yes but larger ones I would be less likely to trust and the best bet would be to invest in an actual rig run by your friend or part of a farm but I mean someone who is physically there and can actually touch the rig. That is a good idea.

[chixka000]

why would they will create a company that would let you invest from their mining profit. First if they have no budget i think they should never try to open a cloud mining company and if they have why would they share their earnings from your simple investment if they can have it all.

[bitbunnny]

It's worth it, just be ready to buy and sell when prices go down and up.

Probably you're right but I don't know anyone who made a profit from mining, especially clod mining recently. I think this is not anymore profitable as it used to be at the beginning.

[maydna]

i am not recommended for hashnest, with difficulty of bitcoin now, if you don't have big GHS, just only 1 THS, you will not get ROI in short term, and i am not sure if you can get it for long term too. because maybe we all know that hashnest will launch S9 but we don't know when, only Bitmain itself that know how much they could profit with their S9 and they trying to gain much much profit first then if they only could gain 50 % of profit, then S9 will be launch soon.

[TraderETH]

In my opinion yes investing on cloud mining, but it is just for pasive income and not for active income. And you must make Investment on cloud mining service who can be trusted is like hashnest. And remember always there is risk on Investment.