Post
Topic
Board Bitcoin Discussion
Re: Has anyone seen this website before?
by
bob123
on 06/08/2020, 15:56:56 UTC
It says that you can earn $250/day by mining Bitcoin. You would buy a miner and it will mine Bitcoin.

It seems fake to me [...]


Your feeling is right.
Almost all cloud mining companies are scams. And so is anything promising fixed or too high returns. There are tons of scams out there.

If you don't have a large capital to get into mining as well as a location and cheap electricity, stay away form any form of mining.
You are better off just buying BTC (maybe dollar cost averaging) and treat them like a long term investment. That's definitely the wiser decision.