If you have the right amount of money then it is something that you can consider but then it is expensive and you will also have to deal with a lot of legal issues.
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I don't think there is any legit cloud minning, though I might be wrong but my experience with anything investment have cloud my thoughts to any form of mining program that requires you to pay for gas fee.Majority 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.
Most them are simply scam, only few I've come across and it recorded high level of trust in most of the review sites, which is Genesis mining pool. They've been running over 10 years today without notice of scam going through it. You can simply Google about them to know more.I don't think there is any legit cloud minning, though I might be wrong but my experience with anything investment have cloud my thoughts to any form of mining program that requires you to pay for gas fee.
Do you mind to share a link and how is the hashrate when it comes to mining using free package,if one is consistent,how much can one earn in a month?Most them are simply scam, only few I've come across and it recorded high level of trust in most of the review sites, which is Genesis mining pool. They've been running over 10 years today without notice of scam going through it. You can simply Google about them to know more.
As far as any kind of cryptocurrency mining is concerned, I am not open to investing even a single dollar on such project because I've never really seen who successfully got anything valuable from mining.Majority 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.
Yes , you are right . Even me I am avoiding most of these things as much as possible because I know they are not going to be profitable to me. if it was really profitable they were the ones that supposed to be enjoying the whole thing aloneConsidering the low pay around could mining, it is a barge pole I wouldn't want to touch. It's definitely a no go area for me. I have stopped all mining activities long time ago.
Depending on your objectives and the level of risk you're ready to accept, investing in cloud mining may be a smart move. It's crucial to conduct studies and appreciate the dangers and potential rewards related to cloud mining before making an investment.Majority 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.
I have seen a lot of potential reward associated with cloud mining , but the most important thing is how to be able to identify and know the one that should be trusted. That is the major challenge many people are having currently.Depending on your objectives and the level of risk you're ready to accept, investing in cloud mining may be a smart move. It's crucial to conduct studies and appreciate the dangers and potential rewards related to cloud mining before making an investment.