Quote from: NeeNts on October 15, 2018, 11:34:24 AM

Quote from: brooklynian on October 09, 2018, 01:21:43 PM

Bitcoin mining is not the option for me to make passive income because I doubt if one will make enough passive income to cover for his investment. I am yet to see anyone who completed his cloud mining without any issues along the line. Majority of the cloud mining firms are scams. Just buy your bitcoin and hold.

Bitcoin miners know that the price is not increasing for long time and the profit mark=gin is very low because of low bitcoin price in the market, thats why they are dishearten and now they are also thinking to start some regular business. In these days mining is just a waste of time and money. It is better to change your profession for good future.

I also think the same if miners do not make any profit why they would mine bitcoin? Everyone is here for making money, traders, investors and miners and if traders and longtime holders make money and miners are just wasting their time, they would definitely quit mining and start some other business or trade in Altcoin or even mine Altcoin. It will be better than bitcoin mining.