Post
Topic
Board Mining
Re: Cloud Mining Scams Still Around?
by
FP91G
on 23/02/2025, 13:25:01 UTC
With ASIC prices high, more people are looking at cloud mining. But are any of these services actually legit, or is cloud mining still a scam in disguise?
To recoup your mining investment in 2 years, you need to be an illegal miner. But this is already difficult even in Russia, where there is a very strong fight against shadow mining. If you work legally, the profit in mining is small. Small miners will not have cheap electricity and good prices for equipment.
Cloud mining sometimes promises more profit than illegal mining  Smiley