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RE: Should You Mine Bitcoin? And, Why You Shouln't Trust Cloud Mining

in #bitcoin7 years ago

This is really useful information. I wish i knew it before trying cloudmining :P luckily didnt have money for a miner back then or i would be in greater loss.

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Thank you, I appreciate that. And, I don't blame anyone for getting into mining. I got into mining, but I lucked out and was able to purchase some hardware for a quarter of the cost. Not only was I able to mine far more than most can mine now, I was also able to sell the hardware for more than I purchased it for.

I just don't want people to get ripped off, though, which is why I posted this. So, I'm hoping I can be a small voice against large cloud mining companies.