Yes, cryptotab browser, brave browser, honeygain etc, are the only legit mining app I've seen online. The rest aren't even legit just claiming what they can't offer.
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That's the main issue I have with crypto tab, it only mines bitcoins, maybe the mining process would have been faster if it was a mining app for other new coins like shib, doge etcI totally agree with you they are the only genuine or legitimate ways to wish someone can mine cryptocurrency on their smartphone is true cryptotab browser but the thing is that I haven't used it to en Bitcoin on my own before but from numerous people they have proven that it is quite genuine.
That's just it dear, even if we decide to invest on the legit ones the reward won't be much at short term duration, unless long term, and i can't wait till then. If fluctuations affect the coin surely our investment will take its toll.First of all , the number of legit cloud mining sites is too less. And even if one invests in legit cloud mining site , the profit almost depends on the crypto price. Since there is volatility in crypto price , you may or may not get the expected profit from mining.
Cloud mining platforms are covering their activities from not being like HYIP schemes. But the truth is that they are HYIPs and you should stay away
Yeah the interest rate in most of the legit cloud mining sites is very low and not appreciable. Thats why trading is better than investing in cloud mining sites.That's just it dear, even if we decide to invest on the legit ones the reward won't be much at short term duration, unless long term, and i can't wait till then. If fluctuations affect the coin surely our investment will take its toll.
Very low indeed, instead of I'll spend my hard earned money to invest on cloud mining sites, I'll simply use it to buy enough coins to holdl if I'm trading it.Yeah the interest rate in most of the legit cloud mining sites is very low and not appreciable. Thats why trading is better than investing in cloud mining sites.
Since you said it yourself that majority of cryptocurrency scams come from cloud mining service so I don’t think you should still ho ahead invest your money on something like thatMajority of Cryptocurrency scams come from cloud mining services. Most of the cloud mining platforms are not real, they are just impersonating under the umbrella of legit ones. About 70% of cloud mining networks are all scam, only few are legit. I have seen cloud mining platforms that promised to give users reward up to 120% of what they invested within the duration of one week. I wonder where such kind of money will come from to pay the user, when they deposit their hard earned coins via their platform. If you ask me, I will tell you to be careful through cloud mining platforms most of them are not what they claim to be. Make researches to ascertain the legit ones to invest your money with.
Yeah low and also uncertain about the site. The cloud mining site can close anytime , though they provide notice before the closure , like in case of Eobot.Very low indeed, instead of I'll spend my hard earned money to invest on cloud mining sites, I'll simply use it to buy enough coins to holdl if I'm trading it.
Already you know I'm not senseless, i won't invest in something that is hyper unproductive st the end. Instead of I'll invest there I'll use the money and encourage the less privileged.Since you said it yourself that majority of cryptocurrency scams come from cloud mining service so I don’t think you should still ho ahead invest your money on something like that