Hum actually I meant like storage in terms of hard disc space. I have a few discs with a few TB of space that I never use and was thinking how to monetize it - offer hosting of files for others. I heard of Filecoin and SIA but not sure if that works. Do you have any experience with that?
Ah now i get you. No Idea about that though, sorry.
Just wanted to doible down on Cloud Mining - STAY AWAY from it. Lost a lot of money last year. Scam operations
What do you mean Cloud Mining? Is this a company or a way/procedure to mine? I'm curious now, what kind of scam operations are you talking about? Wouldn't want to get mixed into anything
Cloud mining= you dont own the equipment. Someone has it setup already and you pay them to mine a certain crypto on your behalf.
The equipment is not in your house, garage etc. but off-site (could be anywhere around the globe).
Scams happen when you pay them to mine on your behalf but they never deliver (
or change the terms of the service after you pay them-this has happened to me ).
They also have maintenance fees associated depending on the coin you ask them to mine.
Genesis mining is one of the bigger players in this market. research their website to get a better understanding.