Is cloud mining bitcoins still profitable? I mean i hear a lot of things from both sides. Amd i wanna make sure that i don't waste time and momey if I would just earn small profits or even worse lose all my investments and waste my time.
Share your thoughts.
Most people who tell you that cloud mining is profitable are just out there trying to get some referral commision off you.
I would strongly discourage you from investing in any form of cloud mining whatsoever. The fact is that over the long run you shouldn't expect to make any profit at all from cloud mining. In fact, you would be lucky to make your capital back.
The two categories of cloud mining sites out there currently are either scams, or unprofitable investments that will result in a terminated contract within a few months due to soaring difficulty and/or decreasing BTC, even though they are advertised as "lifetime" contracts.
Do not invest in cloud mining, that's the best advice I could give.