Quote from: BlockchainWizard on April 06, 2025, 12:44:24 PM

Cloudmining or hosted mining is often recommended to generate good profits but let’s today check if and why Cloudmining or hosted mining is (not) profitable for interested people to generate a profit. Is it really a good idea to generate profits from Cloudmining or hosted mining?

You can not get profit from scams and cloud mining is a scam mining type. It is not a new scam type and it is very old scam type that existed many years ago.

Cloudmining 101 (ponzi risk assessment).

Quote

After Bitcoin is already very established in 2025, it is not a niche anymore where we can make a profit easily, like from mining. In all belongs, current miners have to compete against highly competitive experts to get a new block.

Mining excepts in very early months and years, is not easily profitable and Bitcoin miners have to prepare their business mining capital for long term. The budget will be used for ASIC investment, mining farm setup, ventilation and cooling systems, as well as human resources for operation and maintenance. There are bills for electricity consumed and human staffs, so Bitcoin Mining Farm Operators must have very good budget for long term operation.

If they have budget and well plan for long term, they will go through market corrections, bear market very well and get good profit later when market recovers or returns to bullish mode.

If they don't have good plans, they will have to capitulate similarly to many Bitcoin miners did in history.
https://charts.bitbo.io/miner-capitulation/