Yes guys) newbies can benefit a lot from cloud mining services) when price is good enough for profitable contracts) but why only newbies? everyone can)) I mean it's comfy and easy way... so I still believe I will be able to continue this story with HF.
imagine the following case:
Mr. X buys 1 BTC for $ 6400 and holds it for 1 year and the price of bitcoin goes up to $ 20,000
Mr Z buys 1 BTC for the price of $ 6400 and invests in Hashflare or Genesis Mining, and at the end of your contract, Mr Z do not know what your profit will be.
Note the following:
Mr. X has full control of his bitcoin
Mr Z has no control over his bitcoin
My question:
Between Mr. X and Mr. Z which one made the best choice?
answer is: Mr. X made the best choice
Nice illustration and I don't know if they wont able to get this very basic thing between two investors and that's what I'm trying to say above. Cloud minings wont really be a profitable stuff.Even if its suitable for beginners or newbies specially for those who haven't any idea about mining but it doesn't mean that they would go into this option.There are lots of investment types that would really be more
worth of on our money.