Post
Topic
Board Service Discussion
Re: Legit bitcoin mining company
by
crisdean
on 01/09/2017, 05:54:45 UTC
I'm newbie here,Are there any legit bitcoin mining company or basically most of them are just scam.

Some of them are real, but before you are starting to use one I suggest you do your research about that site first. Most of the new people are too naive to do that and think they can be rich in no-time with it. And before they know it all of their savings are gone.

I agree. Everyone would need to do some research and be realistic about it. These days if you get 1TH/s don't expect a miracle. Neither would I recommend ETH or Monero mining on GM. The ROI is not good and the prices too high for their contracts.

If you wouldn't use an Antminer S7 with 4.77TH/s these days don't complain if your 2TH/s gets less and less profitable. It's a the same game as per hardware mining yourself. At some stage you need to upgrade if you want to remain profitable.