RE: All About Cryptocurrency Mining

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All About Cryptocurrency Mining

in mining •  7 years ago 

What do you think about cloud mining? Thanks.

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(For me) Cloud mining is a bubble. Because 90% of the projects listed in internet are fake, other 10% are actually not profitable. But the latest Bitcoin price jump just made them profitable. If the Bitcoin price was still same, contracts will not be profitable as the first day because of constant maintenance fees and difficuly increases. I will not give examples with which company is fake/legit. Thanks.