Quote from: el kaka22 on September 16, 2016, 09:45:50 AM

Quote from: zenitzz on September 16, 2016, 09:02:07 AM

Quote from: Zadicar on September 16, 2016, 04:04:09 AM

Quote from: btcguys910 on September 12, 2016, 02:07:03 PM

Hi
As title says... is cloud mining worth it? do you recommend any cloud mining website? (mining bitcoin)

Just trying to get my head around things.

Thanks!

If i were you i wouldnt mind to waste my money and time on those sites. Its better to hold your money that to invest those ponzi schemes . Cloudmining are just scams in the long run and not profitable. Its better to run your own mining farm then for sure it would give you decent amount of profits unless if you have cheap electricity on your county.

Actually mining bitcoin still give you benefit but you need to sell partly to pay for the cost of electricity and the remainder is held for sale when prices rise.

What I am understanding from your statement is, cloud mining will not be profitable with the respect to investment amount and its returns for present days. But, after holding for some longer periods, the rewards from cloud mining may worth more to to get us profits.

How could you say so? Do you try to invest on those? I think not since you are not barking at them cloudmining these days bud are scam we cannot really get some profits with that and if you think you can earn with that in a long run well close that thinking its because it might gonna kill your budget, cloudmining is not trusted program upon investing so better be carefull on that thing, the reward you are saying is just an imagination, and you will ended to be scam victim if you do so