I saw a YouTube video of someone using this site -
https://www.genesis-mining.comThen I thought it looked easy and fun. But I have never heard of this Cloud Mining, thing.
I know of big supercomputers to thousands and thousands of dollars, for mining cryptocurrency.
Or a very slow and "useless" process on your own laptop computer.
Is this legit? Is it worth it? Anyone here with a Genesis or any other similiar provider experience?
Pros and cons, etc... ?
Some of the cloud mining companies are legitimate at the start but eventually will crash down, if you are really earning from the super computers that you have why would you offer it to other people by just getting a chuck from it's operation?
And besides if you have the money to invest on those cloud miners why not just invest it to your own mining rigs. mine altcoins first then when you earn enough to buy bitcoin mining equipment you start mining bitcoins.