Paying 0.6BTC to such a group is a waste of money.
Logic behind is that: If one can make money from trading, he or she will be busy trading rather than teaching others how to trade.
I used to do trading for a while, but soon found out that for someone without trading background to make profit at the market its almost impossible. Thus, I switched to mining.
The rules for trading are:
1. develop a trading method and stick to it, rather than learn it from someone else, no one will share their successful trading method.
2. Know when to stop loss and when to take the profit.
3. Do go all in. You never want to put all your money into the market.
Thus, normal people who have the skill/capital/time to make enough profits from the market that actually matters, and you will be spending most of your free time tracking the market, does not worth it.

In case you have some disposable income and you really want to invest in bitcoin, then I’s suggest you to go for cloud mining. Companies like RRMine and Bitdeer offer such services and this investment is definitely worth it.

I’ve been using this method for the past 2 years now and hopefully saved myself from the wrath of the market destabilization and older mining techniques. I use RRMine for this. They’ve a variety of products, lock-in period of 30 days, 90 days, 180 days are also available. After the end of the lock-in period, users can freely trade or renew their computing power contracts. The contracts can be transferred to other users or repurchased by platforms then users can recoup their costs for buying contract.

You can also pay $13.99 for 7 days, the mining profit will cover your cost for purchasing the computing power

A fixed investment will get you a more stable income, and you can choose to sell mined BTCs when the price is right for you. Also you do not need to know how to set up, operate and maintain a crypto farm, these companies will take care of them all for you, it’s more of an investment instead of a technological challenge.

You can easily register on their websites and RRMine also has a mobile app, I don’t about other but I find this very handy.

Hope you found value in this answer and please stay away from such trading groups and scamsters.

Criminal activities due to Crypto is a really serious matter in today's world.
$400 million worth of XRP had been used for “illicit activity.” This represents just 0.2% of total transactions, something which Elliptic suggests makes the vast majority of activity “legitimate.” Thus even the governments around the world pay heavy attention to crypto wallets and exchanges.
one-quarter of Bitcoin users and one-half of Bitcoin transactions are associated with illicit activity. Around $72 billion of unlawful activity per year involves Bitcoin, which is close to the scale of the U.S. and European markets for illegal drugs.

But I personally feel with every technology, you will always have a positive and a negative side. And obviously we know how BTC is curbing the problems that many developing countries are facing.
Heavy taxes, duties and tussle between the countries affect so many people around the globe. Cyptos solve the problems in many aspects.

Infact mining of crypto is one aspect where there's little to no criminal activity involvement, rather the use of sustainable energy sources makes it more favourable to do. I use RRMine cloud mining services and can tell for sure how clean the procedure to mine and market cryptos is.
I've earned a couple of grands using this and it surely is a good source of passive income.

Hey, this is pretty interesting, but I don't think it works anywhere close to what todays mining units do.
I tried mining on an old computer myself and even bought one long time back for the same job, but every penny went in vain.
I recently started with cloud mining, where they rent mining units on their platforms and it really did the job but Idk why many people don't know about this yet. RRMine and Bitdeer are two leading companies in the domain, do consider these options. I personally use RRMine and have made a pretty good source of passive income.

In case you have some disposable income and you really want to invest in bitcoin, then I’s suggest you to go for cloud mining. Companies like RRMines and Bitdeer offer such services and this investment is definitely worth it.

I’ve been using this method for the past 2 years now and hopefully saved myself from the wrath of the market destabilization and older mining techniques. I use RRMine for this. They’ve a variety of products, lock-in period of 30 days, 90 days, 180 days are also available. After the end of the lock-in period, users can freely trade or renew their computing power contracts. The contracts can be transferred to other users or repurchased by platforms then users can recoup their costs for buying contract.

You can also pay $13.99 for 7 days, the mining profit will cover your cost for purchasing the computing power

A fixed investment will get you a more stable income, and you can choose to sell mined BTCs when the price is right for you. Also you do not need to know how to set up, operate and maintain a crypto farm, these companies will take care of them all for you, it’s more of an investment instead of a technological challenge.

You can easily register on their websites and RRMine also has a mobile app, I don’t about other but I find this very handy.

Hope you found value in this answer.

To add more to your points, you can consider these too:

 Low Transaction Costs

Because cryptocurrencies and blockchain don’t need an actual brick-and-mortar building to exist, the costs associated with their transactioning are minimal. There is no need for employee wages, utility bills or rent to be paid, so these savings naturally morph into low transaction fees. This in turn encourages more and more people to trust these new financial tools and start transactioning, allowing for the global economy to be more closely intertwined. And depending on the broker you choose, you can even trade with no minimum deposit requirements - as offered by CryptoRocket, for example.

Increased Transparency of Transactions

Since all blockchain and cryptocurrencies transactions are automated and digitized, they are all tracked in a distributed ledger. The best part about it is that it cannot be manipulated by either people or companies, which greatly diminishes the risk of fraud and corruption. This means that underdeveloped countries also have a greater chance of entering the financial transactions game and boost their own economy and social prospects. What’s more, citizens will be able to keep track of where state funds will be oriented and will thus have a say within their own political climate.

By the way, I’ve been using a method for the past 2 years now and made a couple of thousand dollars also hopefully saved myself from the wrath of the market destabilization and older mining techniques. You can sell mined BTC to RRMine directly or keep them yourself, its up to you.

In case you have some disposable income and you really want to invest in bitcoin, then I’s suggest you to go for cloud mining. Companies like RRMines and Bitdeer offer such services and this investment is definitely worth it.

I’ve been using this method for the past 2 years now and hopefully saved myself from the wrath of the market destabilization and older mining techniques. I use RRMine for this. They’ve a variety of products, lock-in period of 30 days, 90 days, 180 days are also available. After the end of the lock-in period, users can freely trade or renew their computing power contracts. The contracts can be transferred to other users or repurchased by platforms then users can recoup their costs for buying contract.

You can also pay $13.99 for 7 days, the mining profit will cover your cost for purchasing the computing power

A fixed investment will get you a more stable income, and you can choose to sell mined BTCs when the price is right for you. Also you do not need to know how to set up, operate and maintain a crypto farm, these companies will take care of them all for you, it’s more of an investment instead of a technological challenge.

You can easily register on their websites and RRMine also has a mobile app, I don’t about other but I find this very handy.

Hope you found value in this answer.

I read your article and it was quite insightful. Here's a suggestion to add another app that I've been using for quite some while.
You can also download RRMine's mobile app by searching RRMine in the app store. It will not use your phone's CPU or RAM to mine BTC, instead, its a platform, and has a website, that provides computing power trading and management services. The company has been running for almost 3 years, it’s solid. You just can’t mine BTCs on mobile or pc, but sure you can acquire computing power (or basically rent), I’ve been using this method for 2 years now using the RRMine platform. You can check them out, directly acquire computing power from RRMine. I’ve been using their services for the past 2 years now and have made quite a few grands.

Bitcoin is a collection of computers, or nodes, that all run Bitcoin's code and store its blockchain. A blockchain can be thought of as a collection of blocks. In each block is a collection of transactions. Because all these computers running the blockchain have the same list of blocks and transactions and can transparently see these new blocks being filled with new Bitcoin transactions, no one can cheat the system.

In case you have some disposable income and you really want to invest in bitcoin, then I’s suggest you to go for cloud mining. Companies like RRMines and Bitdeer offer such services and this investment is definitely worth it.

I’ve been using this method for the past 2 years now and hopefully saved myself from the wrath of the market destabilization and older mining techniques. I use RRMine for this. They’ve a variety of products, lock-in period of 30 days, 90 days, 180 days are also available. After the end of the lock-in period, users can freely trade or renew their computing power contracts. The contracts can be transferred to other users or repurchased by platforms then users can recoup their costs for buying contract.

You can also pay $13.99 for 7 days, the mining profit will cover your cost for purchasing the computing power

A fixed investment will get you a more stable income, and you can choose to sell mined BTCs when the price is right for you. Also you do not need to know how to set up, operate and maintain a crypto farm, these companies will take care of them all for you, it’s more of an investment instead of a technological challenge.

You can easily register on their websites and RRMine also has a mobile app, I don’t about other but I find this very handy.

Hope you found value in this answer.

The walkthrough was quite insightful but in case you have some disposable income, here is an alternative, I would suggest you to go for cloud mining. Companies like RRMines and Bitdeer offer such services and this investment is definitely worth it.

I’ve been using this method for the past 2 years now and hopefully saved myself from the wrath of the market destabilization and older mining techniques. I use RRMine for this. They’ve a variety of products, lock-in period of 30 days, 90 days, 180 days are also available. After the end of the lock-in period, users can freely trade or renew their computing power contracts. The contracts can be transferred to other users or repurchased by platforms then users can recoup their costs for buying contract.

You can also pay $13.99 for 7 days, the mining profit will cover your cost for purchasing the computing power

A fixed investment will get you a more stable income, and you can choose to sell mined BTCs when the price is right for you. Also you do not need to know how to set up, operate and maintain a crypto farm, these companies will take care of them all for you, it’s more of an investment instead of a technological challenge.

You can easily register on their websites and RRMine also has a mobile app, I don’t about other but I find this very handy.

Hope you found value in this answer.

Before you dive in, you have to make evaluate your risk-taking ability.
There are 2 ways to invest into BTC, or any crypto in gernal.
1. Trading
2. Mining
Trading is risky, it requires a lot of study and the market change can wipe out all your investment over night. Obviously we know how volatile crypto currencies are. I’ve traded BTCs in the past and wouldn’t recommend this at all.
I find mining to be a better option. I use RRMines services. Their decentralized computing power platform has a variety of products, In addition to the 3-year long-term contract, lock-in period of 30 days, 90 days, 180 days are also available. After the end of the lock-in period, users can freely trade or renew their computing power contracts. The contracts can be transferred to other users or repurchased by platforms then users can recoup their costs for buying contract. A fixed investment will get you a more stable income, and you can choose to sell mined BTCs when the price is right for you. They've a large userbase of 100,000+

I Always use their 7 or 30 day lockdown option. You pay $13.99 for 7 days, the mining profit will cover your cost for purchasing the computing power and with a small extra as net profit. Not a lot of money, but its just the starter pack for you to learn the rope and decide if you like this form of investment. Trading to make profit is for professionals. Normal people without background in trading will almost always lose money. Cloud mining is less risky and more stable.

PS: I've no affiliation with them, I'm just impressed with what I use and I hope this helped you

Honestly not sure how to answer "How to ID a scam", try to come up with something by yourself.
Two major players in cloud mining industry are Bitdeer and RRMine. Bitdeer is part of Bitmain, and they don't really care too much about their cloud mining business.
RRMine is expanding toward the global market, and they do care about this business since this is their only business. They've been running for almost 3 years, and now are preparing for the mainnet launch of IPFS.
They are already popular in China now, and the deals are nice. You shoud check out their website.
I have been buying computing power from RRMine for over a year, basically it means I do't have to maintain the mining units or devices, it's taken care by the company as I acquire computing power from them. I Always use their 7 or 30 day lockdown option. You pay $13.99 for 7 days, the mining profit will cover your cost for purchasing the computing power and with a small extra as net profit. Not a lot of money, but its just the starter pack for you to learn the rope and decide if you like this form of investment.
This would definitely help you, plus you won't have to take the stress of maintaining a mining farm.

The pandimic hit the world very hard, and almost all major countries' economies are damaged.
However, BTC value are going up starting from late January this year. It's always a good idea to keep some BTCs with you. Many multi-billion dollar companies are trying to move towards bitcoin due to the rising inflation and government sanctions.
If you've some money saved with you, try investing in decentralized cloud mining. The profit is not amazing, but its relatively safe and stable. I have been buying computing power from RRMine for over a year, basically it means I do't have to maintain the mining units or devices, it's taken care by the company as I acquire computing power from them. I Always use their 7 or 30 day lockdown option. You pay $13.99 for 7 days, the mining profit will cover your cost for purchasing the computing power and with a small extra as net profit. Not a lot of money, but its just the starter pack for you to learn the rope and decide if you like this form of investment.
It's definitely less risky than any traditional method of earning or acquiring bitcoins. Try RRMine if you wish to go in this domain..

Purchase computing power, dont try to set up mining farms on your own if you're aiming for stable income!
To mine BTC, you first need to purchase mining units to provide the computing power necessary, the mining units are expensive and requires specific knowledge to set up and operate. When you purchased mining units, you then need to find/rent/purchase a “farm” to place those machines. RRMine's decentralized computing power platform has a variety of products, they have a 3-year long-term contract and lock-in period of 30 days, 90 days, 180 days are also available. After the end of the lock-in period, users can freely trade or renew their computing power contracts. The contracts can be transferred to other users or repurchased by platforms then users can recoup their costs for buying contract.
A fixed investment will get you a more stable income, and you can choose to sell mined BTCs when the price is right for you. Also, you do not need to know how to set up, operate and maintain a crypto farm, they will take care of them all for you, it’s more of an investment instead of a technological challenge. they've a large userbase of 100,000+
I’ve been using their services for the past 2 years now and hopefully saved myself from the wrath of the market destabilization and older mining techniques. this method is by far the best one I know and is definitely consistent too.

Utility bill should not be an issue.
Try investing in decentralized cloud mining. The profit is not amazing, but its relatively safe and stable. I have been buying computing power from RRMine for over a year, basically it means I do't have to maintain the mining units or devices, it's taken care by the company as I acquire computing power from them. I Always use their 7 or 30 day lockdown option. You pay $13.99 for 7 days, the mining profit will cover your cost for purchasing the computing power and with a small extra as net profit. Not a lot of money, but its just the starter pack for you to learn the rope and decide if you like this form of investment.
This would definitely help you plus you won't have to take the stress of maintaining a mining farm.

There are 2 ways to invest into BTC, or any crypto in gernal.
1. Trading
2. Mining
Trading is risky, it requires a lot of studies and the market change can wipe out all your investment overnight. Obviously we know how volatile cryptocurrencies are. I’ve traded BTCs in the past and wouldn’t recommend this at all.

I find mining to be a better option.
To mine BTC, you first need to purchase mining units to provide the computing power necessary, the mining units are expensive and requires specific knowledge to set up and operate. When you purchased mining units, you then need to find/rent/purchase a “farm” to place those machines.

You then need to set up the machines with a strong knowledge of both computer hardware and software. Running the farm will cost you a lot in the form of utility, power usage, manpower, maintenance. Mining units will be replaced after a while, thus, to be competitive, miners will have to upgrade their units constantly, this will add extra cost to the operation. Normally, I'd recommend you to partner with someone with a computer science background or electrical engineer background to work with. This will greatly reduce the learning curve for you.

I use RRMines services. RRMine's decentralized computing power platform has a variety of products, In addition to the 3-year long-term contract, lock-in period of 30 days, 90 days, 180 days are also available. After the end of the lock-in period, users can freely trade or renew their computing power contracts. The contracts can be transferred to other users or repurchased by platforms then users can recoup their costs for buying contracts. A fixed investment will get you a more stable income, and you can choose to sell mined BTCs when the price is right for you. Also, you do not need to know how to set up, operate and maintain a crypto farm, they will take care of them all for you, it’s more of an investment instead of a technological challenge. they've a large userbase of 100,000+
I’ve been using their services for the past 2 years now and hopefully saved myself from the wrath of the market destabilization and older mining techniques. If you decide to try them out you can use my referral code if you want 0R2L9

You can do Blogging or sell merch online to generate this much though can't say if  it would be a stable income.
Crypto mining can easily provide you with a stable income of way more than 200$/month.
Though definitely trading is risky, it requires a lot of study and the market change can wipe out all your investment overnight. Obviously we know how volatile cryptocurrencies are. I’ve traded BTCs in the past and wouldn’t recommend this at all.

Mining is a better option.

However, I came across with RRMine. Instead of selling mining units, they sell computing power for mining on their platform. RRMine's decentralized computing power platform has a variety of products, they have a 3-year long-term contract and lock-in period of 30 days, 90 days, 180 days are also available. After the end of the lock-in period, users can freely trade or renew their computing power contracts. The contracts can be transferred to other users or repurchased by platforms then users can recoup their costs for buying contract.

A fixed investment will get you a more stable income, and you can choose to sell mined BTCs when the price is right for you. Also, you do not need to know how to set up, operate and maintain a crypto farm, they will take care of them all for you, it’s more of an investment instead of a technological challenge. they've a large userbase of 100,000+

I’ve been using their services for the past 2 years now and hopefully saved myself from the wrath of the market destabilization and older mining techniques. this method is by far the best one I know and is definitely consistent too. I If you decide to try them out you can use my referral code if you want 0R2L9

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