Are people still renting cloud computing Power to mine Bitcoin? A brother from another mother told me this and I said its impossible because I knew they are not profitable anymore, I might be wrong, who knows? That's why I need to ask fellow bitcoiners on this forum.. Is this still possible today? Where not even 20TH is no more profitable, or people are doing it illegally? Because the way he hyped this I am having a second thoughts maybe its illegal.
Cloud minings are prone to scams and you need to look out for their offers because most of the time they lure you with their good-to-be-true offers to their investors. Then they won't execute their plans too early because they wanted to maximize the profits their about to steal and that's what happened to most of the investors in the year 2015-2017 most of them has fallen victim to this kind of scheme and they lose their bitcoins which if they were sold this year, it could turn the table of their lives in a positive way.