oh okay thanks feelsbadman :/ do you know a site thats legit.
I've invested in cloudmining and got burnt a long time ago. Since then i wouldn't touch cloudmining with a ten foot pole.
That being said, in the past, i've read that Hashnest or genesis-mining were legit (don't even know if this is still the case).
99% of the other sites (including this one) are ponzi's (or straight out scams that don't even pay out the initial users)
Do be carefull tough: even if a cloudmining site is legit, this does not mean you'll profit from buying hashrate from them!!!Think about it this way: if i had 10 antminer S9's, i could either mine BTC myself, or i could rent out part of my machine to other users... Those are my two choices.
Why, oh why would i ever create a site, run a promo, have support crew, handle payments, handle complaints instead of just running my S9's for myself? If i ran them for myself, there is no hassle... Just run them, get payed, done...
Then, why do legit cloudminers still exist?
In my opinion, there are only 2 possible reasons:
- they're selling their risk to their users
- they're charging more for hashrate than they'll ever earn by mining for themselfs
Neither of those two situations are ideal for the subscriber!!!