RE: Investing in cloud mining, is it still profitable?

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Investing in cloud mining, is it still profitable?

in bitcoin •  7 years ago 

I started out with much less and reinvest roughly half twice weekly. This way I can make my contract last longer and start collecting payouts whenever I decide it's most profitable.

I am slightly disappointed that the cost per GH/s is now up to $2.20USD plus regular maintenance fees though.

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7 years ago by

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      ·  7 years ago 

    I think I'm going to withdraw once I reach my breakeven point, and then I will keep reinvesting my gains.

    Even though the price went up, It is still profitable especially if the price of bitcoin goes up.

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      ·  7 years ago 

    I would wait to withdraw until you reach a bit more than break even to cover transaction expense.

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