Is cloud mining a safe strategy for earning money?
Nick Smith
I want to try investments in cryptorcurrencies so would be glad to hear about your experience and also tips. Also what cloud mining companies can you recommend me? Thanks in advance!
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How much money do you have to lose?
Question about cloud mining. Coins do not appear out of nothing. Someone had to put them in the cloud. By mining, looking for coins, is not the miner taking them from whoever put them in the cloud in the first? Or does the original coin meet with another one, have sex, and produce little ones. From what I have been told the coins increase/decrease in value not volume.
Better to first learn about how the bitcoin system works if you want to make a serious comment. But I think the world will safely continue without anyone paying attention to the first comment, which appears to be similarly uniformed.
Cloudless Mining companies mine the miner. Stanford, Brannan, Straus made fortunes selling mining supplies.
If you have Leonard skills and can write your own tools, mining could be profitable.
If you like to speculate, you could just buy crypto currencies. I have seen crypto currencies “ATM”, instead of dispensing cash, one enters cash( I don’t think they take visa). and receives a receipt with their crypto currency number.
Now all the more
AHA! Necro-edit-spam by Glen Moore. (ETA: spam removed)