Post
Topic
Board Service Discussion
Re: hashflare or genesis-mining ?
by
amacar2
on 20/07/2017, 18:12:56 UTC
Is it cheating or the truth you can earn the bitcoins in the cloud?
- It is true that you can actually earn from cloud mining but there is no guarantee that you will make any profit out of it.
- Talking about genesis-mining they are registered company and are trusted by community but that doesn't mean they can't ran away.
- Most of the packages these cloud mining platforms have are not profitable if price of bitcoin doesn't sky rocket in near future but along with price mining difficulty will also increase that will lower down your reward per day

So in overall if you can afford to wait for years to get back profit in your initial investment than you can buy cloud mining packages with them but you have to remember that you can even loss what you will invest in them.