You are viewing a single comment's thread from:
RE: Is it the right time to invest in (cloud) mining?
Cloud mining is very expensive for low returns. It is not worth it. You could HODL that much fiat in BTC and see greater returns. It’s not worthwhile
I can just tell you that I invested almos 0.06 BTC into Hashflare (of course with a good BTC Price 11 days ago, which makes a difference in how much Hashpower you can buy) and I have now almost 0.005 BTC on this plattform.
So after 132 days I am even and if you think about the contract going for a year and calculate with fees and invested time I will double the amount in BTC. If this does not crash, everything is okay at using Hashflare...
i will multiply this answer so that everyone sees it because there are some similar comments.