Post
Topic
Board Service Discussion
Re: Is cloud mining safe?
by
Aamir1
on 04/08/2017, 16:38:43 UTC
I have heard and also read in various threads that mining is too risky. The invested money can all be gone with a blink of eye. Actually i am not sure wither i should do it or not. If i invest, then is there any chance to loss all the money?

If i invest, then what should be the amount first?

And in which sites would be better to do mining?

Believe me, its not worth it. Investing in cloud mining is just wasting the money. It is not like all of them are scam or will run away with your money, maybe there are a few which are legit, but the process is too much slow that reaching ROI takes a really long time and i don't think it makes any sense to invest 0.05btc (for example) and wait for a year to get the same amount with just a 20 or 30% profit with it (maybe what i'm saying is more or maybe less, but it is actually like that).