Post
Topic
Board Mining
Re: Cloud mining for bitcoin
by
BitDane
on 28/12/2022, 03:33:14 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.

I did try to rent rigs from them.  Its fine so far, you can point the miner wherever you wanted them to mine.  I used them to mine Doge back then.  If I hold those Doge that I mined I would have say I have profited a lot but sadly, I sold them when the price was too cheap.   I would still recommend to buy coins than renting mining rig because the best deal you can have in renting rigs is a break even except you plan to hold the mined coins and sell it when the price goes up.

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.

They host mining rigs that are set for rentals.  Of course the platform needs to profit and at the same time the owner of those mining rigs. So there are already added charges which reduce the profitability for mining. You can try it for experience, since you have to command on where you wanted to point those miners.