![](https://steemitimages.com/640x0/https://dtube2.gateway.ipfsstore.it:8443/ipfs/QmZ6reNTP55zEts5Fw3mtF7yPDpgoS74B5RtjVYDesLb7b)
I've seen it posted many times, "cloud mining is a scam" just about as many times as I've seen people predict bitcoin prices for next year. I have cloud mining contracts and feel I can speak to its "scamminess." I'll explain why cloudmining companies came to exist...
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