Post
Topic
Board Mining (Altcoins)
Re: Cloud mining
by
Lanatsa
on 21/07/2018, 16:51:44 UTC
This is another example why cloud mining is very, very, very risky
https://cointelegraph.com/news/cloud-mining-platform-hashflare-stops-services-disables-equipment-on-sha-256-contracts

So most of these "cloud" mining is a ponzi scheme so be careful with that.
They do already gradually showing off their true color and the sad thing is that they do able to accept investors while they are not already profitable which is always been a shady act for them to be done and now they are already terminating it and very sad for those who just recently invested without any knowledge or awareness on whats currently happening on mining matters.
Its being said or advise for how many times that cloud mining isn't really profitable but people do still continue to invest.