Post
Topic
Board Service Discussion
Re: Cloud Mining - Legit or not?
by
omonuyak
on 05/11/2017, 17:25:58 UTC
I saw a YouTube video of someone using this site - https://www.genesis-mining.com

Then 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... ?
I think this YouTube video should be an old one and genesis mining  is one of those cloud mining firms you should run from. according to online research "99% of cloud mining companies are fraud and scams". Investing In cloud mining is one of the risky investment decisions you can make and if you want to invest in cryptocurries? I will advise you to buy your own mining tools and start mining altcoins.