Post
Topic
Board Service Discussion
Re: Is investing in mining still worth it?
by
BitHodler
on 25/10/2016, 11:58:42 UTC
Simple question: does anyone here know 100% real cloud mining service created in 2016? Service which offers serious contracts, has impeccable reputation and is proven to be paying?
I used to monitor cloud mining companies but after I noticed that this business is scam magnet I lost my hope. It is better to switch to casino bankroll investments or ICO.

Hashnest meets most of your criteria, besides the one being created in 2016. Still, they re rock solid in terms of reputation. The rest is shady at best or no chance of ever reaching ROI like Genesis Mining.
I do use a few alternatives and have even reached ROI on one of them but this is not something I could recommend unless you re ready to accept particular risk.
It basically doesn't matter whether or not a certain cloud mining site looks legit, with the rewards being cut in half there is barely any profits to be made (e.g, not an option since chances of ROI are not there anymore).

If you look at the difficulty, then it has been going up to very high levels in quite a short time. And that while people were expecting the difficulty to plummet after the halving.

Just out of curiosity, at which cloud mining site have you managed to ROI?