How to spend $300 on mining

[ZACKSMITH667]

Hi All,

I am new on mining here from Nagpur, Maharashtra, India.

I need support on cloud mining. I learned how mining works but confused when it comes to buy contracts for cloud mining. Please let me know is it profitable for indian minors.

I have $300 in hand for now.

Regards
Zack singh

[nizamcc]

Cloud mining needs a lot of patience when you invest in it, and those services which offer rewards which sound like "too-good-to-be-true" schemes, you should never invest your money there. Apparently, all cloud mining schemes are scams unless they have solid proofs that they are actually mining with your money and not gambling. This is just a suggestion but not a recommendation, you can try ViaBTC if you want to, it's easy to buy their shares, but the returns will take a lot of time to get your ROI.

[btcdevil]

Hi All,

I am new on mining here from Nagpur, Maharashtra, India.

I need support on cloud mining. I learned how mining works but confused when it comes to buy contracts for cloud mining. Please let me know is it profitable for indian minors.

I have $300 in hand for now.

Regards
Zack singh

Never go for Cloud mining , this is purely scam or even if it is genuine your wont reach your ROI before 3 yrs or never. So it is better to go for some other way or you can just buy bitcoin and trade or else you itself setup a gpu mining for altcoin and go for good altcoin for mining and earn through it.

[bitcoinisbest]

Do not invest in cloud mining . Its better you buy btc worth of 300$ and keep it. As the price is rising automatically you will make more profit just by holding btc. While in cloud mining hardly there is any genuine company which pays you till end.

[Pattberry]

If you are planning to invest into mining plan on mining alt coins which is more suitable with a limited budget. When it comes to cloud mining if you are able to strike a good deal with a reputed company endorsed by bitmain then you will be able to mine some coins and remember the difficulty level increases with time and when your investment exceeds the profits earned by mining they would cut off giving you the coins.