All cloudmining are legit in the first impression, it's only the matter of time how long they will survive running cloud ponzi mining.
Because everyone agree and already know nowadays even solo mining are not profitable
Because everyone agree and already know nowadays even solo mining are not profitable
You seem to misunderstood this, solomining is definitely not cloud mining. Solomining totally depends on luck and someone could always get lucky somewhere, it is like trying to win a lottery however with cloudmining it is like mining with hardware just that it is easier however it is less profitable than mining with your own hardware
No, what he's saying is that cloud mining companies are ponzis - Mostly.
.Solo mining = mine coin with your own hardware
Cloud mining = mine coin without hardware
Solo mining = legit but the profit is questionable
Cloud mining = not really legit or even i can say scam because most of them offering huge profit in short time which it's makes no sense
Agreed, cloud mining is not profitable. which makes that none of the cloud mining sites can be the best.
Every user will end up losing their money.