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Re: "Bitcoin mining is a Big no!"
by
ultrloa
on 13/01/2018, 12:32:27 UTC
I know a little about cloud mining.
I think so far cloud mining is still very profitable although it is not recommended for beginners.
because there are many costs that need to be issued.
but if it can be well set.
this can produce quite large
You indeed know very little about cloud mining and that raises the question if you're the original owner of above account? As is, cloud mining ceased to be attractive to anyone as soon as they become experienced enough to see through their resemblance with any ponzi scheme out there. At best, those early payments are carrots before donkeys and unknown to many, it is sending back to you, tips of the much you already invested and only few are lucky enough to even recoup their investment before the party is over, because there usually are no mining hardware anywhere.

Haha, you have noticed something. Well, you have a great point. Cloud mining are just ponzi scheme, a waste of time and money. You don't have control on your investment and you aren't sure about the longevity of site you have joined.
It seems very difficult but I agree with your comment. I've also invested in bitcoin cloud-based websites, and what I've found is that after 3 months I have not yet recovered my capital, and more and more information about fraudulent websites. This makes me very confused. I advise newbies not to exploit bitcoin with the cloud.

To bad for you and this could be a good basis for us to double check or think twice before we put ourselves on risky situation, But I wouldn't recommend for those new headed guys to seek for that kind of platform since theirs nothing we can do with cloudbase mining platform since a huge chance that they will scam us and snatch our pockets. And the best platform for now to go with is on tradings since we can control our investment with this selection.