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Author Topic: Still worth mining BTC  (Read 842 times)
Humanxlemming
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July 02, 2017, 10:26:03 AM
 #21

I think it is not worth mining bitcoins. It is better if you just earn it here in this forum. Let me talk about mining bitcoins, it will just consume higher bill in your electricity, and probably will destroy your cpu as they say. I dont know how it works but that's what they say about mining.
ArdiPrabowo
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July 02, 2017, 10:36:22 AM
 #22

cloud mining is not good, majority only ponzi scheme, low profit, BEP very long time
if you still interest mining is good youre buy hardware and then self mining
Andrew1337
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July 02, 2017, 11:16:27 AM
 #23

Hi . Never use a cloud for mining , never ever . In my personal example , there are lots of companies who accept your gpus/asic/antminers etc hosting them in their house . You just need to cover a little fee for maintenance support monthly . Also you can always get back your antiminer or gpus and you can re sell them .
For example try to use bitclouder or starthash , they are located in romania and you can order antiminer from them and let there to run , you just pay 20 usd monthly for support and 80 power electricity
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July 02, 2017, 02:31:10 PM
 #24

Your question was is mining still profitable if you talk about cloud mining it will never be profitable because genesis mining gives you 70-90% of your investment back and then terminates your contract. If you even do your research most people have only posted that within this much period they would have achieved their profit but till now their are very less proof of people who got their investment back. Stay away from cloud mining and mining on your pc is also not worth if you want mine any alts they are way more profitable than bitcoin.
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July 02, 2017, 03:59:28 PM
 #25

I just notice many people here are mention about genesis mining that actually its also the same as other site.. who offering cloud mining that actually not really profitable.. if you want to mine and earn bitcoin buying s9 is a good idea.. but i notice the price of miner s9 was increase unlike before that its pretty cheap than today when  was check the price its increased a little bit..
Try mining altcoin i think there are many people are still trusting those altcoin because they are making profit..
Building solar panel with miner i think it will be more working than investing in cloud mining site.



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Rainbot
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July 02, 2017, 04:36:54 PM
 #26

cloud mining is not good, majority only ponzi scheme, low profit, BEP very long time
if you still interest mining is good youre buy hardware and then self mining

In normal circumstances, the difference between legitimate operating services and ponzi schemes are huge. In terms of cloud mining, they both (legit and ponzi) have one big similarity -- you'll likely never get your initial investment amount back. People for once should look at real ways of making money, instead of constantly focusing on cloud mining. If you're looking for passive income, then look at freebitco.in, they offer 4% annually with the promise that you can withdraw your coins at any time.
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