Hello!
I want to share my experience of mining. I used cloud platforms like Hashflare with small attachments of about $ 100. Now the payback is about 200%, but the problem of all cloud-based mining is to limit the withdrawal of funds. My investment is not enough to mine the required crypto currency for withdrawal. The currency that I'm heading is bitcoin. At the moment, due to the dynamics of the exchange rate and the increase in the complexity of mining, payments are falling. Do you think it makes sense to invest in the cloud mining of bitcoin now?
I think that's the worst investment you could ever made. It's full of scammers, and I don't know anyone that managed to get any profit from that. I know many say they did, but I'm pretty sure those are just scammers. I have a few friends that tried it, and all of them faced the same problem and quite.
You would be better of gambling that money, at least you wouldn't get scammed, and you would not have any disappointments. If you really want to try to have some profit from crypto, try trading crypto markets. If you don't know how to trade, try to get some knowledge about it first, and do some parper trading, to see if it works. If you can't, then just buy some crypto and hold it. Do the research of course, and don't buy crappy coins. I would stick to bitcoin and ethereum right now.