Post
Topic
Board Service Discussion
Re: Im new into mining. Wanna try out cloud mining - hashflare.io , Any thoughts?
by
JeffBrad12
on 30/03/2017, 14:38:26 UTC
Hello, im very new to bitcoin since then, i have bought $ 60 worth of bitcoin recently. Most of my friends reccomend me to go with bitcoin mining ridiculous but it requires large equipment that is way too expensive to start on.
Why are you not looking about mine altcoin?


My question is cloud mining possible?
Yes it is, without profit.
 I found hashflare.io seems to be a legit company only here on bitcointalk.
Honestly, if that was the legit cloudmining site.

I want to invest all of my Bitcoins in mining industry and make a good return, can someone give me few tips and advices? Thanks in advance !!!!


In this time i will try to give you a useful link, the other site is legit cloudmining Genesismining, But you must need a lot of the analyzation before trying to invest on the cloudmining site in this day.

I will assume if the Genesis mining is the similar service with the hashflare.

http://themerkle.com/genesis-mining-review/

The legit means if they are still paying his users, but they will not give you ROI + Profit. I mean if you will get your money back - Maintenance cost. You'll never meet your ROI / early amount. Your capital will be less because you will get the maintenance cost, It looks like just change your amount into the another bitcoin but it will get a little lost caused by the maintenance fees.