Is it possible to make 1btc/day from cloud mining?

[Dan_BTC]

Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable? 

[Proceed]

No. No. And again there is NO
Count how many contracts you need to buy! Cloud mining is ponzi scheme.

Please, first search on this forum, before asking such nonsense.
https://www.google.com/search?q=cloud+mining+ponzi+site:bitcointalk.org

[bapparabi]

Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable? 

yes you can make for that you have to invest almost 4 PH/s or 4000.0 TH/s then only you get 1 btc daily in cloud mining for that you have to invest almost 112 BTC then only you can get this amount ..i don't think its profitable better you can start your own mining rig and do your own mining that way its profitable

[timerland]

Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable? 

Is it possible? Yes of course.

If you invest like 1000 BTC into a genesis mining contract then i think you would have no problems getting 1 BTC per day back.

However the main issues are:

- You probably do not have 1000 BTC to start with
- Genesis mining likely do not have that many contracts that are available for sale
- You will likely never achieve ROI, because of the maintennance fees involved.

Thereotically, yes you can. But practically even if you do get 1 BTC per day in the end your investment will not be worth it.

[crazyivan]

So u want to make $150k per month and $1.8 mil per year just from cloud?

Sure, it s possible, if you invest 5 million into the farm. You will not reach ROI but it is possible.

I suggest you do a bit more reading. It takes a lot of skill to make money on cloud mining.

[Barcode_]

It is almost impossible to earn 1 bitcoin in one day from cloud mining, and honestly speaking, most of the cloud mining sites are ponzi schemes that could shut down anytime without warning, it would be better for you to put your bitcoins into other investment sites rather than cloud mining.

[aTriz]

Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable? 

Lol of course it is, just invest around 500 BTC and you will easily hit 1 BTC a week but you probably won't be able to do that since genesis mining doesn't have that many contracts up for sale, and of course you don't have 500 BTC, or you wouldn't be bothered with cloud mining.

Try do a bit more looking around before posting this, sounds pretty impossible when you think about it.

[carlisle1]

that amount is really big in numbers and in order to have it inside cloud mining you need to invest more, its much better to invest it with your own rig
and start your own farm if you that money or you can also do some trading and look for some quality coin to move up and earn little by little.

[h0lybyte]

Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable?  

Not possible to make 1 btc/day but it is very possible to loose even more than 1 btc daily.
I have seen numerous cloud mining scams.I advice you to double check mining websites.
Do not bump your money more importantly into cloud minings.

[passwordnow]

Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable? 

It's very possible and you need to invest big amount. And this is the twist, we may not know if that cloud mining will still continue operating when they see someone invested 100+ Bitcoins on them.

[poodle63]

Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable? 

Are you nuts? But the first thing are you the account that just created to make the shit things right this? This seems pretty odd if i know that you're having the internet connection and you can do a little effort to search it on the google.
It will never and forget it.

[roomfirst]

Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable? 

Nope, even 0.1 per day is like impossible. To make 1bitcoin per day, you need to invest on that clould mining like 1000-10000BTC which is impossible to do. My advice is stop using cloud mining, it sucks. Just buy your own mining set and do it yourself, it's more profitable than that cloud mining.

[harizen]

Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable? 

Guys the question is about possibility and that is a YES.

But there are lots of concerns associated with this target amount because of these some of the factors.
-Will the company last long? ROI will takes long period and possibility for the company to shut down is likely to happen.
-This is not a joke. You need at least BTC1000 or around to achieved the hashpower you need to give BTC1 a day
-AFAIK there is a limit of hashpower that needs to be purchased depends on the provider and account level.
-The question you asked is not as easy as you think. If that is profitable and effective you must see lots of persons already doing that.

Take note also that my statement was based if a cloudming company is legit.

[dunfida]

Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable? 

yes you can make for that you have to invest almost 4 PH/s or 4000.0 TH/s then only you get 1 btc daily in cloud mining for that you have to invest almost 112 BTC then only you can get this amount ..i don't think its profitable better you can start your own mining rig and do your own mining that way its profitable

I would rather to build my own mining farm rather than on entrusting other people to mine for me and knowing that cloud mining sites are mostly scams, exclude to those who still operating as of now genesis and hashflare.If you are aiming for 1 btc a day then you would really need to pull our hundreds of thousands and I would bet that you wont really do such thing. Better to build your own because you can able to see physically your miners than on just waiting for them to generate profits for you and also we cant be sure if we would able to reach roi or not.

[traderethereum]

Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable? 

Guys the question is about possibility and that is a YES.

But there are lots of concerns associated with this target amount because of these some of the factors.
-Will the company last long? ROI will takes long period and possibility for the company to shut down is likely to happen.
-This is not a joke. You need at least BTC1000 or around to achieved the hashpower you need to give BTC1 a day
-AFAIK there is a limit of hashpower that needs to be purchased depends on the provider and account level.
-The question you asked is not as easy as you think. If that is profitable and effective you must see lots of persons already doing that.

Take note also that my statement was based if a cloudming company is legit.

i will say YES like you sir, everything is possible but the hardest thing is we need to find recommended and legit cloud mining because todays many cloud mining offering short term ROI but the reality they are scam for just few month after they release their site. if cloud mining site is legit then we need to calculate how much hashrate we need to reach 1 btc/day because i believe it will need thousands of hashrate but its not guarantee to reach 1 btc/day.

[SamReomo]

It is really not impossible but also not possible at the same time. There are many reasons that make it impossible to make 1BTC per day from cloud mining. Even if you're very rich already and you can invest good amount of BTC on those cloud mining farms but I still believe that it is really not worth spending 100s of Bitcoins on something that is really not that much trusted. Even think if you invest 100-200 BTC in start on those farms, then are there any warranties that you'll only be gaining Free BTC's after that big investment. I really don't think so. Even if they send you 100-200 BTC's within 100 days that will still not worth your investing.

[Tipstar]

Profit depends on investment, you can even get 1 BTC as interest in a saving account provided your investment is large.
Than comes the security of investment, bank interest are nearly constant while cloud mining can leave you without your ROI.

[Wipro]

Is it possible to make 1btc/day from cloud mining? If so, then would it be profitable? 

Its a damn worst option to earn the bitcoin. I would be able to compare cloud mining with the faucet only. In cloudmining there are some people still successful in their pathway.
You can't even make 0.01 btc for day in cloud. Instead you can purchase bunch of miner machines to achieve your dream in bitcoin.

[Zocadas]

It is possible as you see on calculations but not recommended. Interesting would be a kind of cloud hardware that we could point to mining pools. But haven't still seen any besides nicehash and similar but those are only profitable for hardware owners.

[riso2015]

impossible

You want invest big ammount ? (You will lose your money if company colaps). better you used your money for buy mining hardware, make your own pool and start mining used your machine