Quote from: mocacinno on June 19, 2017, 10:00:54 AM

Quote from: Thelmassey on June 19, 2017, 09:58:59 AM

I am thinking to start mining Bitcoins, I have realised that earning BTC require alot of work and time which I don't have. Some I am thinking to start mining but I don't whether to go for cloud mining or hardware mining. Which one would you consider as being best, fast and easy to use?

Depending on your electricity rate, it's possible neither would be suitable for you.

Cloud mining: 99% of those cloud mining sites are fake, the other 1% lets you carry all the risks in order for a (small) share of the profit...
Hardware (ASIC) mining: depening on your electricity rate, budget, hardware you already own,... you might make a profit. For me personal, i would never fire up my miners again unless i would pay less than 7 cent/Kwu (well, since my hardware is outdated, i wouldn't even fire them up for 7 cents/Kwu anymore... I was talking about the fictive situation where i had access to latest gen ASIC's)... There is money to be made with higher electricity rates, but the risks would outweight the posible rewards (at least, from my point of view).

Thanks for your advice, I wouldn't consider cloud mining since I can see from your point of view that there is too much risk involved