Post
Topic
Board Altcoin Discussion
Re: Cloud mining
by
Silberman
on 23/11/2022, 21:49:39 UTC
Greetings! I'm on a quest to find some ethereum & bitcoin cash mining sites/apps that have a considerably lower threshold for minimum withdrawal My plan is to reach whatever the would-be minimum payout thresholds, add it all up and then sell the crypto. I'm looking to setup as many as I can to get ideally $4,500 - $6000 in Crypto as quick as possible; then sell the crypto. The money I received then will go towards groceries and anything else beyond. Such as investing in the best paid online traffic methods in efforts to make money online via online content creation. I've recently been spending some time devising strategies and formulating plans to make money working smart rather than hard.

If not, could I in any way make this work with any other cryptocurrencies? Thanks!
You are very late to the party, for many years the members of this forum have known that cloud mining is just a Ponzi scheme and nothing more, in the best case scenario you could find a company which actually has mining equipment and you buy some hash power out of them, but when we add all the costs it is almost impossible you make any money, in the worst case scenario, which is also the most common, nothing like that exist and whatever money you believe you are earning comes from the next people that decided to invest in the scam, however as it has been demonstrated over and over again this is not a stable model and eventually collapses.