Hi Guys
Sorry if this seems like a silly thread , I am new to bitcoining and I would like to know a little bit more about mining / trading bitcoins. I have been reading some posts from fellow users here concerning cloud mining services. My question is this , How profitable is cloud mining and what is the minimum amount I could use to start mining / trading bitcoins , If possible I would also appreciate if you guys could suggest reliable cloud mining / trading services that I could use . I would really appreciate some response.
Thanks in advance
Cloud mining is generally overpriced and will not be profitable for customers. In order for you to profit from cloud mining the rate that difficulty increases will need to slow dramatically.