Quote from: Cherylstar86 on April 28, 2017, 01:20:32 AM

Quote from: Serellyn on April 27, 2017, 09:14:31 PM

Cloud mining has never been viable since each gh/s of mining power you buy has the cost of electricity plus other fees attached to it. Just normal mining is difficult, therefore, cloud mining is a waste of time, especially if you invest in that little hashrate. Be careful of which cloud mining sites you use if you decide to go into cloud mining, 9/10 of them are ponzi schemes that call themselves cloud mining sites. If you want to get into mining, then buy the equipment on your own and run your mining operation from somewhere where you wont have to pay for electricity (like work).

I must totally agree with that statement because you can't be growint profit with that cloud mining this year 2017, and electricity energy cost is growing higher nowadays. Unless it happened that you've invested a solar energy generation for your personal use, I think it could be profitable in the future of cloud mining and you don't need to invest on those ponzi sites that scams you.

It can be profitable indeed but could you imagine the cost of the solar mining itself and its maintenance fee? If you doesn't used your head by using that surely you will get a hard time to earn some profits on this since im sure you will be eaten by fees if you select a wrong coin to mine.