Re: Is investing in mining still worth it?

Just don't invest your money in the so called "cloud mining" sites, because most of them are scams and ponzi schemes. Even the real mining don't worth nowadays unless you have really cheap electricity

No matter how many times we advice people to stop "investing" money into cloud mining, they won't listen and do it anyway.

All this because the cloud mining services promise them life time contracts that pays out a certain amount through their not existing mining operation.

It's pure greed that is taking over peoples common sense. That's the hard reality.

I agree with you, no matter how hard we advice or say to other people that cloudmining sites are just total scam they are just keeping on investing to those scam sites and we cant do anything about it since its their decision but they would definitely blame theirselves at the end and keep regretting because there greediness lead to this kind of mistakes. They should listen to those experienced user because we do already know the results of these schemes.

The investor of cloudmining sites will not vanish since their some newbies whos been fooled by junkies to invest at those sites, and im sure if theirs no referral hungry people no newbies will be scam by cloudmining site, and we must remember this importantly all cloudmining is scam and theirs no good profits that we can get since they intend to scam not to give us profit.

Those referral hungry people are also the main problem here on bitcoin world regarding on hyip and ponzi sites and these people are not newbies they are actually veterans which they make advantage to other people especially to newbies to let them convince to join a particular cloudmining site which they couldable to earn money with that without risking any money came from their profits which is a really wise thing that they do.