But your paying a premium for rentals. Normally it is cheaper to own the gear and mine yourself assuming right conditions.
Exactly. I have done all forms of mining. The cloud mining that I did was not the happiest experience I've had. Both "cloud mining" sites ended up being scams. I think the ONLY way to mine is get your own machine and plug it in. You can't be scammed by a physical machine you have in your possession, you know full well you really are mining.
Buying the right rig will get ROI in about 3 months and the rest is gravy. Try doing that with rentals or clouds.
Well i guess you are the first that says that is possible to roi with an used rig ,turning it on and then selling it i guess you get something like 30% on those 3 months of the rig cost and then sell it for 80% from what you paid,or has free energy ,that way sure all the rig mine is pure profit and you wouldnt sell it .
I wish I could take credit for it but I'm not the first. Found it reading on forum.
Some people with very low electricity saw used miners cost much less. And some have done very well ROI on old gear. Some are to old and obsolete but others work perfect for it.
These people don't usally don't buy new. For them used is a golden ticket to ROI.