Every one going into the cloud mining are lazy! and also throwing away their money!

 

Clouding mining in my own opinion are just too costly compared to having / buying a miner directly from the manufacturers .  Please try checking out how much a 100 MH/s cost on genesis mining (which is about 500$) and to buy a mini miner from Baikal miner is about 300$ for 150MH/s and its power usage is just about 40 Watt, which means its 20 Watt lesser to the amount of wattage a single 60 Watt Light Bulb in your house uses. 1. Cloud mining folks are there to also make profits and they also buy the miners directly from the manufacturer 2. Go over the total amount you spent on your mining contracts and do the math's. How much it will cost you to run your own miners yourself and how much profit you will be making after deducting your expenses and re-occurrence expenses which is of off curse electricity and let me know which one makes more sense to buy into. 

![]()