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RE: Cryptocurrency mining - not alwasy an easy job aka ALWAYS use reliable parts for your mining rigs

in #cryptomining7 years ago

Yeah, maybe you take a lot of cash in the hand, you can make money..but with only a little investment? I'm not sure. But maybe i will try it out. I think cloud mining is the only option...because power is really expensive here in germany.

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with the current ETH/ ZEC prices its still profitable. there are plenty of miners in germany :)
I wouldnt recommend cloud-mining (Yes, I do have my own experiences). It might be profitable (Genesis mining BTC plan) after one year, or sooner if BTC price will keep rising.
But instead of buying the hashing power, I would just simply buy the currency and keep it. You can buy and keep with whatever amount of $$$ you want to invest into this project.

Its a good idea, indeed. I think about it, but thanks!
For now i look into this steem thing here. I dont kniow what to think about it, but its... funny so far.