Is Investing in Cloud Mining Still Profitable ??

[beerlover]

Not so much after halving. I think lending coins would be more profitable.

Indeed due to the halving its also not so profitable and more and trading is now the best thing you can pick.

Yes halving will be at every four years but cloud mining is not the best suggestion for investing, because it will take years and years to get your ROI. Even i have invested in cloud mining without but people shutdown it very fastly without any single penny to me.

Aside from not being that profitable and getting hard to mine bitcoin every day, cloud mining is mostly ending up in scam, you give them your money without any guarantee with getting them back and only for 1% of the investment and the time, no cloud investment remains legit and keeping their words.

[positivezero]

I don't think so, since cloud mining is not safe and it is very risky to all scammers their. If you want to invest then there are many ways to have more profit and it is safe then rather to invest in cloud mining. But it depends to the user on their own if they want to invest cloud mining or not.

[sukamasoto]

I don't think so, since cloud mining is not safe and it is very risky to all scammers their. If you want to invest then there are many ways to have more profit and it is safe then rather to invest in cloud mining. But it depends to the user on their own if they want to invest cloud mining or not.

https://cex.io/ still exist until now it means that they still survive and able to paid investor.
If investor keep come it means that cex.io still profitable so the conclusion must be depend on what cloud mining site do you want to invest

[pixie85]

I don't think so, since cloud mining is not safe and it is very risky to all scammers their. If you want to invest then there are many ways to have more profit and it is safe then rather to invest in cloud mining. But it depends to the user on their own if they want to invest cloud mining or not.

https://cex.io/ still exist until now it means that they still survive and able to paid investor.
If investor keep come it means that cex.io still profitable so the conclusion must be depend on what cloud mining site do you want to invest

A long term ponzi scheme is still a ponzi scheme. Cex is also a trading platform so their income doesn't come only from cloud mining. The bigger the company the longer it can sustain its schemes without anyone noticing. Cloud mining as a system is unsustainable and unprofitable so all cloud mining operators have to somehow cheat their clients.

[positivezero]

I don't think so, since cloud mining is not safe and it is very risky to all scammers their. If you want to invest then there are many ways to have more profit and it is safe then rather to invest in cloud mining. But it depends to the user on their own if they want to invest cloud mining or not.

https://cex.io/ still exist until now it means that they still survive and able to paid investor.
If investor keep come it means that cex.io still profitable so the conclusion must be depend on what cloud mining site do you want to invest

A long term ponzi scheme is still a ponzi scheme. Cex is also a trading platform so their income doesn't come only from cloud mining. The bigger the company the longer it can sustain its schemes without anyone noticing. Cloud mining as a system is unsustainable and unprofitable so all cloud mining operators have to somehow cheat their clients.

Yes exactly, cloud mining is not recommended to use since it is not profitable. At first cloud mining is decreed but as years went by, the money of the users who invested them is  irrecoverable since they already cheat or scammed the users who invested, they are easy to disappear like a bubble together with your money. It is very risky in investing in cloud mining, so i dont recommend to inevest in CM.

[njmulhsn]

Brotherly advice "STAY AWAY FROM CLOUD MINING" even then if you cant comprehend then please go ahead and make some losses.

[vhiancs]

I know that this thread is long but for readers here in the service section I still give advice to beginners and newbie who intend to invest in cloud mining. I just can not say good about investing in cloud mining sites because scammers are spreading over the internet make sure you first compliment the site details and who's behind on it and always look at the feed back to prevent scammer's site.

[pinoyden]

I know that this thread is long but for readers here in the service section I still give advice to beginners and newbie who intend to invest in cloud mining. I just can not say good about investing in cloud mining sites because scammers are spreading over the internet make sure you first compliment the site details and who's behind on it and always look at the feed back to prevent scammer's site.

Nice advice bro. Id also like to add that cloud mining sites are mainly paid and not free , if ever you see a free cloud mining sites like bitminer.io then that is defenitely a scam and cannot give you anything in return. Beware because these sites do have lots of clone and similliraties to other cloud mining sites but all of them can still be identified easily via their domain name . Scam sites usually ends in .io and not in .com

Overall if ever you find a legit cloud mining sites. Be sure to always track your progress and always withdraw your earnings immediately if ever you already reach the withdrawal thereshold in order to be safe from possible issues later on.