Post
Topic
Board Service Discussion
Re: Buying mining power
by
btcney
on 03/05/2017, 05:28:53 UTC
Hello people,

I am searching on internet for a few days where I can buy some mining power. I have arround 1000-2000 eur in mind to invest, i saw many cloud mining websites but not even one is giving me confidence.

Can you share some feedbacks about websites where I should invest?

Honestly man don't waste your time and energy on these cloud mining sites.

The most legitimate one out there right now is probably genesis-mining and they are pretty trash. I've had an account with them since before the halving and only received like 0.00002-0.00003 btc a day, not even enough to cover transaction fees to send it back out. And when the halving finally came last year they cancelled my contract altogether because the rewards were not as big as the fees.

The fact is that the market is so saturated, you can only mine altcoins to be profitable, or you are investing into a ponzi.