What is better hardware/pool mining or cloud mining Bitcoin?

in #bitcoin7 years ago

Cloud mining is better for these reasons.

A quiet, cooler home – no constantly humming fans
No added electricity costs
No equipment to sell when mining ceases to be profitable
No ventilation problems with hot equipment
Reduced chance of being let down by mining equipment suppliers

You can opt for hardware mining because you can face the following issues in cloud mining

Risk of fraud in cloud mining is high
Opaque mining operations
Less fun (if you’re a geek who likes system building!)
Lower profits in cloud mining– the operators have to cover their costs after all
Contractual warnings that mining operations may cease depending on the price of bitcoin
Lack of control and flexibility on cloud mining.

After watching these Pros and cons you can decide which mining you prefer. cloud mining or hardware.
more info: https://www.bitmart.co.za/en/cloud-mining-vs-hardware-mining/
cloud mining vs pool mining.png

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