Cloud Minig Vs Hardware Mining Which is best ?

[BossMacko]

Most people here are already experienced Cloud mining like me and all i can say about cloud mining is in the long run they will scam you, i think many user will agree with it. About Hardware mining i have not experience it yet because i don't have a good hardware to use for mining.

[Zadicar]

of course hardware mining is better than cloud mining, most of the cloud mining is a scammed site, but to start earning from hardware mining you need a lot of capital and plus there are a lot of maintenance fee, nowadays mining is not as profitable as it used to be, but if your country has a long winter and cheap electricity then it is recommended to do it

Agree, hardware  mining is  a lot better   compared to those  cloudmining sites because  you could able to see physically  that  you are  really mining compared to those  so called " cloud mining"  but the  big hindrance regarding  these   hardware mining  is  the  cost  on this  kind  of investment, as you said  you  would really  lots  of capital to invest into it because  its  isnt a joke  to build a mining  farm  on   your  own  and you must consider on the expenses  on maintainance  would surely cost  you.

You have a  point , hardware mining would  be profitable  unless if you have cheap electricity on your country and you have  lots  of asic mining hardwares in able for you to be  profitable. As we all know that bitcoin mining  difficulty its  already increased thats why some miners  are  not profitable  already   unless if you have  the  latest ones. Cloud  mining  are just scams.

[TastyChillySauce00]

of course hardware mining is better than cloud mining, most of the cloud mining is a scammed site, but to start earning from hardware mining you need a lot of capital and plus there are a lot of maintenance fee, nowadays mining is not as profitable as it used to be, but if your country has a long winter and cheap electricity then it is recommended to do it

Agree, hardware  mining is  a lot better   compared to those  cloudmining sites because  you could able to see physically  that  you are  really mining compared to those  so called " cloud mining"  but the  big hindrance regarding  these   hardware mining  is  the  cost  on this  kind  of investment, as you said  you  would really  lots  of capital to invest into it because  its  isnt a joke  to build a mining  farm  on   your  own  and you must consider on the expenses  on maintainance  would surely cost  you.

You have a  point , hardware mining would  be profitable  unless if you have cheap electricity on your country and you have  lots  of asic mining hardwares in able for you to be  profitable. As we all know that bitcoin mining  difficulty its  already increased thats why some miners  are  not profitable  already   unless if you have  the  latest ones. Cloud  mining  are just scams.

you will realize that actually hardware mining is really profitable if you're not only thinking to mine bitcoin but also those alt coin which have less difficulties than bitcoin and having pretty decent prices,you will get good profit out of it rather than mining bitcoin and competing against those giant and huge miners that you actually don't have chance on it

[FanEagle]

Hardware mining is profitable based on many factors like electricity cost,mining hard,setup cost etc but most of the cloud mining companies are scam,ponzi scheme calling themselves cloudmining but not mining in real.

[sbtctalk]

H/w mining, if you have good electricity rates. You can sell your h/w to recoup losses.

[Raimonn]

The problem with cloud minning is how you know that the company will not disapear with your bitcoins. If a cloud minning profit numbers are bigger than normal, provably they will go away scaming its users.

[senyorito123]

of course hardware mining is better than cloud mining, most of the cloud mining is a scammed site, but to start earning from hardware mining you need a lot of capital and plus there are a lot of maintenance fee, nowadays mining is not as profitable as it used to be, but if your country has a long winter and cheap electricity then it is recommended to do it

Agree, hardware  mining is  a lot better   compared to those  cloudmining sites because  you could able to see physically  that  you are  really mining compared to those  so called " cloud mining"  but the  big hindrance regarding  these   hardware mining  is  the  cost  on this  kind  of investment, as you said  you  would really  lots  of capital to invest into it because  its  isnt a joke  to build a mining  farm  on   your  own  and you must consider on the expenses  on maintainance  would surely cost  you.

You have a  point , hardware mining would  be profitable  unless if you have cheap electricity on your country and you have  lots  of asic mining hardwares in able for you to be  profitable. As we all know that bitcoin mining  difficulty its  already increased thats why some miners  are  not profitable  already   unless if you have  the  latest ones. Cloud  mining  are just scams.

you will realize that actually hardware mining is really profitable if you're not only thinking to mine bitcoin but also those alt coin which have less difficulties than bitcoin and having pretty decent prices,you will get good profit out of it rather than mining bitcoin and competing against those giant and huge miners that you actually don't have chance on it

That is the other alternative for the hardware miners since bitcoins are not fully profitable by now, and my question for now what is the best altcoin to mine and yet still profitable? Since i think eth is little bit annoying for now,  and also cloudmining cannot do nothing as it is since their is no real mining behind those and only just been made for scam purposes thats why im closing the thoughs upon investng on them and not recommending them to anyone.

[veleten]

profit from hardware mining is higher than from cloud mining
anything is bigger than 0 in this case (cloudmining nowadays is synonymous to HYIP and scam,I wonder if there are more than 3 legit cloudming sites left)
with cloudmining you have no control over your investment,once you bought "powers" you are there to sit and pray to ROI gods
with hardware mining you call the shots,you choose what coin and where to mine
if you are smart (or lucky) enough,you could stumble upon a promising altcoin and mine it while the difficulty is low
and sell later to make huge profit,or mine ,say ETH with rented powers to recieve low but steady income
there is no contest in my opinion

[dunfida]

profit from hardware mining is higher than from cloud mining
anything is bigger than 0 in this case (cloudmining nowadays is synonymous to HYIP and scam,I wonder if there are more than 3 legit cloudming sites left)
with cloudmining you have no control over your investment,once you bought "powers" you are there to sit and pray to ROI gods
with hardware mining you call the shots,you choose what coin and where to mine
if you are smart (or lucky) enough,you could stumble upon a promising altcoin and mine it while the difficulty is low
and sell later to make huge profit,or mine ,say ETH with rented powers to recieve low but steady income
there is no contest in my opinion

I would really agree with you hence hardware mining is more profitable   than  on cloudmining and  most of them are just total scam it much better   to do your own mining farm but the big question is    you have the money  to invest on? Hardware mining would  really cost you and we all know that.

[Xenophoto]

I think both of them are only profitable if you have a lot of money to invest. But the only difference is the fact that even the trusted cloud mining sites run away. They always say that they got hacked but they just don't admit that it was their plan all along. In hardware mining, you're sure that it'll not go away because you're the one that controls it. You're the one that manages it.

[iv4n]

Why do you even mention cloud mining in the same sentence with hardware mining. Two totally different things, and I`m sure profit is different with both investments. For cloud mining you can start with 50 $, just register somewhere and start to "cloud mining", but with hardware mining you will need more serious investment. You need to buy equipment, pay electricity bills when times comes, and something to cool the system.
Well Cloud mining will take your money in one moment and site will just crash and they will say how they are hacked or something, with hardware mining something like that can`t happen, but for ROI you will need to wait.

[kanazawa]

Brother, cloud mining is a non-winning game. If you take the costs involved with electricity and maintenance fees plus the profits of the owners, you will earn nothing. With physical hardware is very difficult because it involves electricity costs, hardware costs and geopolitics. But no doubt that cloud is the worse opition.

[harizen]

Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?

You consider investing on a cloudmining. May I know what cloudmining site is that?

You consider also investing on an actual mining. Already know what should be the things to be consider before starting?

Cloudmining is fine if ever 'there is really a legit company' that offers that since you can start at the affordable amount although expect a long ROI based on your capital. But like I said, a LEGIT one which I doubt there is really a legit cloudmining site.

Actual mining on the other hand, needs lots of consideration and factors to be taken out seriously before you can start.

Bottom line, why not find another investment instad that worth to try and effort?

[BitcoinHodler]

Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?

it should really be pretty obvious with a small calculation and also looking at the history of mining and cloud mining.

cloud mining has a notorious history and it is full of scams so you should stay away from it at all costs.

but mining is good and it can be profitable. the only thing that you need to do is first calculating your profit based on your cost like cost of electricity and it it was worth it then you need a capital.

[Zivdafast]

Hardware mining is profitable based on many factors like electricity cost,mining hard,setup cost etc but most of the cloud mining companies are scam,ponzi scheme calling themselves cloudmining but not mining in real.

The only good cloud mining companies are the Bitmain or the Genesis mining, most others are scams.

[chixka000]

You have to be very careful in the cloud mining platform, it is too dangerous to trust any cloud mining sites right now. Although it is a very good technique of gaining profit i wouldn't still recommend you to used cloud mining.

[a7mos]

there is nothing called cloud mining. they are all scam sites and untrustworthy. even if you find a paying site, you may not get your ROI before they go scam. hardware mining is expensive so not all people can afford it and the profitability depends on the electricity price in your place

[Barbut]

Hardware mining is real mining, cloud mining is a joke where almost all services that provide cloud mining are possible scammers.
If someone have money to invest in real mining, to buy everything and set up little mining farm, then that is a good thing. I support miners, and they are holding all of us here, without them bitcoin is nothing. Cloud mining services I don't support, womw of those services are proven scammers, and to many times these services just crash and disappear with money that people invested.

[SyGambler]

so far cloud mining sucks , you will lose money or you have to gamble by joining the ponzi ones which means atm you can't compare real mining with cloud mining
but there is a trusted member here who said that he will launch a cloud mining service in the future and it will be legit and profitable , but time will tell anyways

[senyorito123]

so far cloud mining sucks , you will lose money or you have to gamble by joining the ponzi ones which means atm you can't compare real mining with cloud mining
but there is a trusted member here who said that he will launch a cloud mining service in the future and it will be legit and profitable , but time will tell anyways

As you said cloudmining is so damn fucker, and i really hate that one since they are just fooling people and telling that they can earn huge profit for investing at their site, and cloudmining would be the worst idea to anybody interms in investment since mostly people are been scam by those sites and no success stories has been tell, only those scammers gain success unlike on hardware mining is you can see your earnings works since you are the owner of this machine.