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I mean is cloud mining profitable and trusted?
There are many platforms for cloud mining such as Genesis Mining and Bitdeer...
Has anyone ever bought SHA256 computer power sharing plan or X11?
I would be grateful for any advice! Thanks!
There are many platforms for cloud mining such as Genesis Mining and Bitdeer...
Has anyone ever bought SHA256 computer power sharing plan or X11?
I would be grateful for any advice! Thanks!
I've tried a number of cloud mining providers. most of them were scams and the ones who stayed are also stopped paying (Genesis was also stopped paying at one point). So in general cloud mining is not profitable at all (because they drop the reward when mining currency's value jump).
Genesis also stopped paying??
I thought it might be the most trusted provider(because it has operated for some years)Re: [ANN]CodeMason - Anonymous Stable Digital Currency [POW][X12] - updated
How to buy this coin?
CMN has not been listed on any exchange so far.
Well, any plan?
Actually, we are approaching some exchanges and listing is in our short-run planning.
Please keep an eye on our annoncement.
Why do I just be rewarded on 200 coins since the day before yesterday? I got 300 at the beginning
No, I do not offer any translation services.
Got it, thanks
If you want to obtain coin and don't have the HW to mine it then buying it on an exchange
is more efficient and reliable than cloud mining.
Cloud mining is mostly for speculators that think they have an edge on everyone else or
when mining is the primary goal instead of obtaining coin.
is more efficient and reliable than cloud mining.
Cloud mining is mostly for speculators that think they have an edge on everyone else or
when mining is the primary goal instead of obtaining coin.
Cool, thanks! I will keep on using hardware
Its only worth it if you know for certain that in the near future the price of bitcoin and altcoins will be much higher than it is today. However in that case you can just buy the coins directly.
However with cloud mining you need to understand the terms. Usually when mining goes below a profitable mining point, the contract will be void. So most likely after what just happened recently, unless the price rebounds and stays above maybe $8000 or so, then the contract will be voided and you won't get any mining profits anymore. Just doesn't make sense to cloud mine. Either buy the hardware and mine yourself or just buy the coins.
However with cloud mining you need to understand the terms. Usually when mining goes below a profitable mining point, the contract will be void. So most likely after what just happened recently, unless the price rebounds and stays above maybe $8000 or so, then the contract will be voided and you won't get any mining profits anymore. Just doesn't make sense to cloud mine. Either buy the hardware and mine yourself or just buy the coins.
Thanks a lot! I also don't see any advantage of cloud mining...
I guess buying coin directly is better if I believe the price will rise...
So why cloud mining platform like Genisis Mining can still exist? Who will buy the service?
Thanks! All people replied the thread have the same opinion with you lol
Its only worth it if you know for certain that in the near future the price of bitcoin and altcoins will be much higher than it is today. However in that case you can just buy the coins directly.
However with cloud mining you need to understand the terms. Usually when mining goes below a profitable mining point, the contract will be void. So most likely after what just happened recently, unless the price rebounds and stays above maybe $8000 or so, then the contract will be voided and you won't get any mining profits anymore. Just doesn't make sense to cloud mine. Either buy the hardware and mine yourself or just buy the coins.
However with cloud mining you need to understand the terms. Usually when mining goes below a profitable mining point, the contract will be void. So most likely after what just happened recently, unless the price rebounds and stays above maybe $8000 or so, then the contract will be voided and you won't get any mining profits anymore. Just doesn't make sense to cloud mine. Either buy the hardware and mine yourself or just buy the coins.
Thanks a lot! I also don't see any advantage of cloud mining...
I guess buying coin directly is better if I believe the price will rise...
So why cloud mining platform like Genisis Mining can still exist? Who will buy the service?
when BTC price higher more than 10K USD you calculate it will show you have profit soon.
customer think wow we only invest in cloud mining and wait for profit no need to worry anything.
but in real life it not like that.
if you want to mining you can try with some gpu if it not going well you can sell it to gamer.
yep, i guess in real life we should consider the electricity fee, the price fluctuation even the mining gigs upgrade(which influence the hashrate)?
Its only worth it if you know for certain that in the near future the price of bitcoin and altcoins will be much higher than it is today. However in that case you can just buy the coins directly.
However with cloud mining you need to understand the terms. Usually when mining goes below a profitable mining point, the contract will be void. So most likely after what just happened recently, unless the price rebounds and stays above maybe $8000 or so, then the contract will be voided and you won't get any mining profits anymore. Just doesn't make sense to cloud mine. Either buy the hardware and mine yourself or just buy the coins.
However with cloud mining you need to understand the terms. Usually when mining goes below a profitable mining point, the contract will be void. So most likely after what just happened recently, unless the price rebounds and stays above maybe $8000 or so, then the contract will be voided and you won't get any mining profits anymore. Just doesn't make sense to cloud mine. Either buy the hardware and mine yourself or just buy the coins.
Thanks a lot! I also don't see any advantage of cloud mining...
I guess buying coin directly is better if I believe the price will rise...
So why cloud mining platform like Genisis Mining can still exist? Who will buy the service?
Because they offer something that looks good
People thinking they are on the game of mining, seeing some hashrate on the website, but most of the cases are just fake
The real mining you can do is with your own hardware or nicehash for example where you rent the hashrate and can point to any coin or pool you want
Thanks! it does look good speak of mining, but it actually not mining right? lol
Its only worth it if you know for certain that in the near future the price of bitcoin and altcoins will be much higher than it is today. However in that case you can just buy the coins directly.
However with cloud mining you need to understand the terms. Usually when mining goes below a profitable mining point, the contract will be void. So most likely after what just happened recently, unless the price rebounds and stays above maybe $8000 or so, then the contract will be voided and you won't get any mining profits anymore. Just doesn't make sense to cloud mine. Either buy the hardware and mine yourself or just buy the coins.
However with cloud mining you need to understand the terms. Usually when mining goes below a profitable mining point, the contract will be void. So most likely after what just happened recently, unless the price rebounds and stays above maybe $8000 or so, then the contract will be voided and you won't get any mining profits anymore. Just doesn't make sense to cloud mine. Either buy the hardware and mine yourself or just buy the coins.
Thanks a lot! I also don't see any advantage of cloud mining...
I guess buying coin directly is better if I believe the price will rise...
So why cloud mining platform like Genisis Mining can still exist? Who will buy the service?
you can trust Genesis Mining
it profitable? i don't think so when you choose 53Th 24 month plan it cost 3972USD
im go calculate at whattomine if price of btc like today at 5K you not have any profit.
or you wait to sell when btc hit 12K you have profit in 12 month around 1854USD 24 month = 3708USD.
it worth to try if you belive BTC in next 24 month price skyrocket more than 14K.
it profitable? i don't think so when you choose 53Th 24 month plan it cost 3972USD
im go calculate at whattomine if price of btc like today at 5K you not have any profit.
or you wait to sell when btc hit 12K you have profit in 12 month around 1854USD 24 month = 3708USD.
it worth to try if you belive BTC in next 24 month price skyrocket more than 14K.
But if I believe BTC will hit 14K, buy BTC at 5k with 3972USD now seems better? What's the advantage of cloud mining...
I mean is cloud mining profitable and trusted?
There are many platforms for cloud mining such as Genesis Mining and Bitdeer...
Has anyone ever bought SHA256 computer power sharing plan or X11?
I would be grateful for any advice! Thanks!
There are many platforms for cloud mining such as Genesis Mining and Bitdeer...
Has anyone ever bought SHA256 computer power sharing plan or X11?
I would be grateful for any advice! Thanks!
The first halving interval for BUCK is fast approaching!
BUCK is currently at BUCK block 440635 (https://explorer.buck.red) / 440635 (https://insight.buck.red), about 60,000 blocks away from the BUCK Block 500,000 halving interval!
The first BUCK block halving interval will occur in about 3 months. After the halving interval the mining reward will decrease from 1,000 BUCK per block to 500 BUCK per block.
BUCK Wallets:
BUCK Mining Pools:
Mining Pool Market Share Lists:
BUCK Project Website:
https://i.imgur.com/RXp7QTz.png
Buck - The Future of Cryptocurrency
BUCK is currently at BUCK block 440635 (https://explorer.buck.red) / 440635 (https://insight.buck.red), about 60,000 blocks away from the BUCK Block 500,000 halving interval!
The first BUCK block halving interval will occur in about 3 months. After the halving interval the mining reward will decrease from 1,000 BUCK per block to 500 BUCK per block.
BUCK Wallets:
- Windows GUI wallet: https://github.com/BuckCoin/buck-gui-wallet-win/releases
- Mac GUI wallet: https://github.com/BuckCoin/buck-gui-wallet-mac/releases
- Linux CLI: https://github.com/BuckCoin/buck
- Mac CLI wallet: https://github.com/BuckCoin/buck-mac
- Windows CLI: https://github.com/BuckCoin/buck-win
- Raspberry Pi3/Pi4 Full Node BUCK Wallet: https://github.com/BuckCoin/buck-pi3-ARM/releases
BUCK Mining Pools:
Mining Pool Market Share Lists:
BUCK Project Website:
https://i.imgur.com/RXp7QTz.png
Buck - The Future of Cryptocurrency
When is the first havling?