Post
Topic
Board Mining
Re: Cloud mining for bitcoin
by
WhyFhy
on 26/12/2022, 16:04:18 UTC
You can buy hashrate on NiceHash. NiceHash is not a cloud mining company since you are not buying contracts but are only creating hashrate orders which can be manipulated (change the price, hashrate limit, or cancel it anytime).
You can read what NiceHash is here: https://www.nicehash.com/support/general-help/nicehash-service/what-is-nicehash-and-how-it-works
Nicehash is the gateway to rentals, but the deposits and fee's make renting from these guys unideal as well as a questionable history of fraud hence no one's mentioned em thus far. Roll Eyes
 
maybe check this alternative out (my reference included)  MiningRigRentals.com 

   - Are these the mining rentals you are talking about mate have you tried putting money into it? if your answer is yes, how are you? I hope the real answer is not because you will get a commission here.

Because as far as I know, at this time I don't see anyone who can say that these types of mining are profitable just by using their website platforms.


Admittedly right now the whole mining ecosphere isn't ideal, so I'm not even currently using these services. 
When flexpool started its boom I was renting  30-50% of the entire pool hashrate when it started hitting a block every few hours ,
I'd do burst rentals for a few hours right after a block was found (luck reset) if we hit 1 block i was breaking even if we hit 2 or 3 during my rental the payouts where phenomenal.
eventually I got penciled out after about a week. I did this 11 times , broke even 5 times hit more than 1 block 4 times and got nothing 2 times. Your luck may vary.
I advise you to really understand your risk before attempting this, luck is a metric you cannot ignore and things like doubling down after a unlucky streak should be taken with caution.
Dont deviate from your plan.
This is how nerds like me really gamble.