Post
Topic
Board Service Discussion
Merits 1 from 1 user
Re: The Real Data behind Gensis Mining
by
richardsNY
on 22/02/2018, 23:09:33 UTC
⭐ Merited by timerland (1)
The thing is, your cloud mining contract will always start off well and over time, as difficulty increases and mining rewards essentially lessen, you're going to be making out most likely a loss at the end of the day.

Pssst, don't crush people's dreams to become rich with cloud mining. Oh wait, it's impossible to do that with how dumb the majority of the people here are. If the past has taught us one important thing, then it's the fact that cloud mining could have only survived this long, due to how mentally incapable people are when it comes to calculating basic risk and reward ratios. Seriously, if you look at the insane amount of risk you expose yourself to with cloud mining contracts, and realize that the return (if ever) is just a fraction of your initial investment due to the likelihood of your contract getting terminated at some point, you'll instantly ask yourself how on earth you wasted so much time on this nonsense....