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Question: Which type of mining do you prefer?
Hardware - 15 (57.7%)
Cloud - 11 (42.3%)
Total Voters: 26

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Author Topic: Which mining do you prefer? Cloud mining or Hardware Mining?  (Read 4484 times)
MilesJohan
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October 01, 2014, 07:48:02 AM
 #41

Cloud mining, only if it is able to profit..

MileyJohanson
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October 01, 2014, 07:19:06 PM
 #42

Cloud mining, only if it is able to profit..

Which cloud mining companies would you suggest?

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Soappa
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October 02, 2014, 08:50:01 AM
 #43

I prefer not to engage in bitcoin mining.
But if I have to choose one, I would prefer running my own hardware as it will be more fun to set up and run the machine myself.

Ilan123 (OP)
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October 18, 2014, 07:15:29 PM
 #44

What does anyone make of the new C1 Hardware miner that Bitmain have brought out, it has Water cooling features etc? I have both Hardware and cloud mining.

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kimchi64
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October 18, 2014, 11:42:28 PM
 #45

I prefer hardware mining.
You know whats wrong if something fucks up.

Also, you get a warm feeling of actually being able to do something in life.
Kimowa
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October 19, 2014, 12:35:48 AM
 #46

Prefer hardware mining, its fun to setup some hardware....

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October 19, 2014, 10:40:11 PM
 #47

Cloud, since the data center is most specialized than I.

Centaurus
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October 19, 2014, 11:18:31 PM
 #48

Prefer hardware mining, its fun to setup some hardware....

Yeah, and it is pretty much effective to compare to cloud mining.
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October 20, 2014, 05:04:37 AM
 #49

I prefer cloud mining, we do not need too much capital, but it can get the maximum results, you do not need to think about how to pay for electricity for mining and you also do not need a super computer to mining, so that the capital required for mining should not be too great, I advise you to do the cloud mining, wish you luck, because every investment there must be risks ...  Roll Eyes

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October 20, 2014, 05:12:04 AM
 #50

I like hardware mining. Heating my flat with the waste heat.
Kakmakr
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October 20, 2014, 05:57:24 AM
 #51

I have to go with hardware mining on this one.

Cloudmining for me, have not seen ROI on any of the operations, I have invested. PBmining / GAW / Cex etc.

^Sucks^

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Gumbork
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October 20, 2014, 07:12:15 AM
 #52

Prefer cloud mining much better, don't need to deal with the wires..


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Salmon1989
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October 21, 2014, 11:35:36 AM
 #53

What does anyone make of the new C1 Hardware miner that Bitmain have brought out, it has Water cooling features etc? I have both Hardware and cloud mining.

Don't forget that those "recommended accessories" for C1 are not included in the 1 btc price, and those are going to cost you $50 + shipping.


bitsmichel
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October 21, 2014, 11:54:59 AM
 #54

For those who use cloud mining, which do you use?

ranochigo
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October 21, 2014, 01:18:18 PM
 #55

Cloud mining is never and will never be profitable. Buy some hardware(not preorder) and host them at your garage, provided if your electrical fees are low. If not, if you have a big investment fund, install some high efficient solar panel or rent space at a datacenter.

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TheDragonSlayer
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October 21, 2014, 01:48:50 PM
 #56

Cloud mining is never and will never be profitable. Buy some hardware(not preorder) and host them at your garage, provided if your electrical fees are low. If not, if you have a big investment fund, install some high efficient solar panel or rent space at a datacenter.

Both cloud mining and hardware is unprofitable. So choose cloud mining cause you don't need to do anything with it Smiley

ranochigo
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October 21, 2014, 01:54:04 PM
 #57

Cloud mining is never and will never be profitable. Buy some hardware(not preorder) and host them at your garage, provided if your electrical fees are low. If not, if you have a big investment fund, install some high efficient solar panel or rent space at a datacenter.

Both cloud mining and hardware is unprofitable. So choose cloud mining cause you don't need to do anything with it Smiley
Hardware mining is actually profitable for some. Winter is coming so some miners can just turn off their heater and use the miner to heat up their room. Some people also have cheap or even free electricity, they can ROI pretty soon if they don't buy preorders. Cloud mining is definitely unprofitable.

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October 21, 2014, 05:53:10 PM
 #58

Would love to do hardware mining but since you need to buy the hardware and I don't have the time to manage the miner so I had to choose cloud mining.
bitgeek
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October 22, 2014, 02:56:03 PM
 #59

Cloud mining is never and will never be profitable. Buy some hardware(not preorder) and host them at your garage, provided if your electrical fees are low. If not, if you have a big investment fund, install some high efficient solar panel or rent space at a datacenter.

Both cloud mining and hardware is unprofitable. So choose cloud mining cause you don't need to do anything with it Smiley
Hardware mining is actually profitable for some. Winter is coming so some miners can just turn off their heater and use the miner to heat up their room. Some people also have cheap or even free electricity, they can ROI pretty soon if they don't buy preorders. Cloud mining is definitely unprofitable.

Cloud mining IS profitable, you just need to choose a good contract.
There's a group of people who simply take the numbers and say: "Oh, I need over 6 months to ROI at current rates. Not worth it!"
It's not that simple. Just read some ROI tracking threads and you'll see. There are people who got profits after just 2 or 3 months, by simply trading their shares. Sitting on your ass and whining won't get you anywhere Wink


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ranochigo
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October 22, 2014, 03:03:16 PM
 #60

Cloud mining is never and will never be profitable. Buy some hardware(not preorder) and host them at your garage, provided if your electrical fees are low. If not, if you have a big investment fund, install some high efficient solar panel or rent space at a datacenter.

Both cloud mining and hardware is unprofitable. So choose cloud mining cause you don't need to do anything with it Smiley
Hardware mining is actually profitable for some. Winter is coming so some miners can just turn off their heater and use the miner to heat up their room. Some people also have cheap or even free electricity, they can ROI pretty soon if they don't buy preorders. Cloud mining is definitely unprofitable.

Cloud mining IS profitable, you just need to choose a good contract.
There's a group of people who simply take the numbers and say: "Oh, I need over 6 months to ROI at current rates. Not worth it!"
It's not that simple. Just read some ROI tracking threads and you'll see. There are people who got profits after just 2 or 3 months, by simply trading their shares. Sitting on your ass and whining won't get you anywhere Wink
What contract is good? Considering the risk of operator running away, datacenter downtime etc. The problem is difficulty is not always predictable, huge difficulty can increase due to miners bring shipped. I went to search for various cloudmining plans, they are either unprofitable or untrustworthy.  The operator would just mine for themselves instead of selling shares if profitability is high. Trading isn't for everyone, the risk is high, you are more likely to lose money than getting profits if you are inexperienced.

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