Post
Topic
Board Mining speculation
Re: Is it worth me buying mining hardware right now?
by
factor280
on 01/04/2015, 04:01:51 UTC
Definitely no. Only large farm can afford to mine these days. If I were you, I would go for some PoS coins.

what about these cloud mining contracts?  Are there ANY that are worth it??

Cloud mining contracts are typically not worth it because even though they seem profitable now, the ever increasing difficulty of bitcoin is going to reduce profit more and more until the contracts become obsolete. Worse case, you might actually be negative with them, depending on their fees.