Quote from: DaughterOFbitcoin on October 17, 2018, 09:23:02 AM

Quote from: Alfiehob on October 11, 2018, 12:02:59 PM

Quote from: chinhpv828 on October 07, 2018, 05:54:57 PM

you can ask for some advice and recommendation.

Most of the miners are in Asia, because the cost of mining is low in Asian countries. In west the labor cost is high and miners cannot save handsome money. Thats why they are quitting mining or mining very small quantity. Mining is no more profitable and when there is no profit why one should waste time and money in such activity or business.

I am not in favor of cloud mining. If you can do mining by yourself its ok, if not then invest your money somewhere else, but dont even think of cloud mining. Anyway miner think that the profit margin has reduced due to fall in the price and there is no positive attitude in the market, the price is not increasing for the last several months, therefore they are not happy in mining.

Yeah you are right in Asian countries you can find cheap labor and the cost of electricity is also normal. You can also find big place for mining on low rend. Everything is cheap in Asia compare to Europe and America. Miners in Asia earn more money than miners in west because the price of bitcoin is one in the whole world and mining expenses differs in Asian and western countries.