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Author Topic: Best Mining company to Invest?  (Read 558 times)
Ctn
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July 15, 2017, 08:19:06 AM
 #21

Not advisable to invest money onto anything related to mining. When it comes to cloud mining then there is always question of legality as well as scam accusations. Cloud mining doesn't turn to be a profitable after long time. When it comes to investing your time then know that ROI of any cloud mining site is always greater than one year. This much of time can lead to any scenario such as that company has went out of investment , they don't have sufficient funds to keep the project going on and much more. The whole thing then can turn out to be scam which you wouldn't want to happen. So think before you could invest into such sites.


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sunsilk
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July 15, 2017, 10:43:23 AM
 #22

On my opinion, Mining isn't profitable anymore.

May I know on how much you are willing to invest into "real" hardware mining?

If you have thousands of dollars or even hundred thousands of dollars then you can try mining of alt coin.

But don't just try to trust cloud mining services.



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reflector
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July 15, 2017, 06:03:57 PM
 #23

On my opinion, Mining isn't profitable anymore.

May I know on how much you are willing to invest into "real" hardware mining?

If you have thousands of dollars or even hundred thousands of dollars then you can try mining of alt coin.

But don't just try to trust cloud mining services.

Nowadays mining fees has been increased in high numbers so howvyou are saying that mining isn't profitable in this condition. I understand that being invested on cloud mining is kind of Ponzi schemes we are choosing to invest. Still in cloud mining also some people getting returns regularly after certain months.


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Hui8
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July 16, 2017, 07:15:13 AM
 #24

Currently none with my point of views. The reason is, they give us good heads up when we start but turn out to be scams later on. I know there are few names in the market such as hashflar.io and genesis but to be honest what do you think       about them after a year or two? Would they be able to withstand tremendous pressure of network difficulty? Will it still be profitable when it goes off the chart. These are few questions which put me back in investing into mining industry. Hope you will find what you want really.

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July 16, 2017, 10:16:59 AM
 #25

On my opinion, Mining isn't profitable anymore.

May I know on how much you are willing to invest into "real" hardware mining?

If you have thousands of dollars or even hundred thousands of dollars then you can try mining of alt coin.

But don't just try to trust cloud mining services.

Nowadays mining fees has been increased in high numbers so howvyou are saying that mining isn't profitable in this condition. I understand that being invested on cloud mining is kind of Ponzi schemes we are choosing to invest. Still in cloud mining also some people getting returns regularly after certain months.
Cloud mining is not an alternative to mining. Cloud mining users are usually those who put their fate on a fortune.
So if you are a person who still has the spirit then do not ever try to invest in cloud mining.


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Rahar02
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July 16, 2017, 02:09:46 PM
 #26

On my opinion, Mining isn't profitable anymore.

May I know on how much you are willing to invest into "real" hardware mining?

If you have thousands of dollars or even hundred thousands of dollars then you can try mining of alt coin.

But don't just try to trust cloud mining services.

Nowadays mining fees has been increased in high numbers so howvyou are saying that mining isn't profitable in this condition. I understand that being invested on cloud mining is kind of Ponzi schemes we are choosing to invest. Still in cloud mining also some people getting returns regularly after certain months.
Cloud mining is not an alternative to mining. Cloud mining users are usually those who put their fate on a fortune.
So if you are a person who still has the spirit then do not ever try to invest in cloud mining.

Agree, don't risk your money to invest on cloud mining because ; "if the owners could make more profits through mining, then why bother to share with others? There is no such thing as easy money, do nothing and get money (if you don't have any asset)
If you want to earn profits by mining, do it by yourself, learn how to and buy the hardware. It isn't cheap and you need more than $2000 and few months to get return.

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July 16, 2017, 02:49:27 PM
 #27

Look at cloud mining as some sort of a well set up (in most cases legal) scheme. From start to finish you upfront know that you'll see far more money coming in, than leaving your pockets.

Especially if you look at how the difficulty of Bitcoin has been going through the roof in the last year(s). In most cases, that has also been the case with most of the top altcoins.

People should either avoid mining completely, or try to set up a hobby minded altcoin mining rig. If things don't turn out to be profitable anymore, you at least have some value sitting in the hardware you own.

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