Quote from: hercules006 on December 25, 2017, 03:00:56 PM

Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?

If you have a multi million funds then you must give mining a shot, if your funds are just in a medium range then BTC mining is not recommended because it is not profitable now, this time is not like that back in the old days. you should consider mining ETHEREUM or Zcash.

Quote from: delgardo on January 10, 2018, 12:36:11 PM

is there any cloudmining groups in south africa

I don't know and why did you bring you up these question?

Quote from: vhiancs on January 12, 2018, 01:46:27 PM

Quote from: hercules006 on December 25, 2017, 03:00:56 PM

Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?

you know what? all users here in our forum most of them are not recommend cloud mining because of their experience on it, 95% of mining site are turn to scam and the rest 5% are legit to those who have tools or hardware for mining, which mean there is no reliable cloud mining site. if i where you I will forget cloud mining so I will not regret it later.

True, if you are thinking of mining online then you should stop because mining only exists in the actual production and making your own hardware, or mining rig.
But why you? that means you are not sure? or is it just a typo, if you're reading this then stop in cloud mining bro (ONLINE). I guess it is better to invest in legit ICO.