I am pretty new to bitcoin and have basically been using faucet sites to get started.
I know faucets are slow and labourious but at least they are giving me an insite into how bitcoin works
Cloud mining is something that i am seeing advertised a lot.
People will say it is a scam
Some people will say it is not a scam I know that
I would just like everyones opinion on it if that is ok
So is cloud mining a scam yes or no
Reasons why appreciated
Many Thanks
Nice that you have posted it here first before putting your money in a cloud mining site. But let me warm you that most of them are really a scam. I'm not into it because a lot of members here are warming about it. So please follow the advise because we don't want you to open another thread saying that you have been scammed by the cloud mining site. Thy are just masking their site but I'm sure its gonna be a doubler or HYIP scheme. And if you are late in your investments, chances are you are not getting paid and they will just close and ran together with your bitcoin.