Kelany78

You can try to invest in miners with very high hash rate. I hosted my 17+ with a miner hosting company named HashMax and the bitcoins mined were more than the monthly hosting fee I paid. More machines you invest in, more profit you get.

Cloud mining is better than home-based mining, but less profitble than hosting mining. Also, it is risky as the bitcoins mined every day will go to the provider's wallet first. Mining is all about strong mining gears and cheap energy. You can choose to host your miners in some countries where there are many cheap enegry source. So far I'm pretty satisfied with one hosting platform, Hashmax in China. I strongly recommend it to every one who wants to get involved in miner hosting.

Please remember that there's no free lunch. Cloud mining can never be free and those sites that claim they are free are 100% scams. If you wished to invest in bitcoin mining, I would strongly recommend you to host miners with a hosting partner named HashMax. I have mined with them for several months and it turns out to be much more profitable than cloud mining.

I used HashMax for hosting my miners. Personally I'm not in favor of cloud mining as it is intransparent and risky. The bitcoins mined go to their wallt first and then is distributed to yours. Thus you need to trust the provider to pay out and hope his wallet will not be hacked. In comparison, miner hosting will be safer and profitable since bitcoins mined every day come to your wallet directly.

What about miner hosting? You buy miners and get them run with a company which offers cheap electrcity, daily maintenance, etc.. It's much more profitable than cloud mining. Also, you can resell your miners after the hosting ends. Now I'm hosting my S17+ models with a hosting company Hashmax. I will strongly recommend it if you are interested.

It's a waste of time and computer resources. Please be careful. If you considered investing in mining, I would recommend miners hosting service. And Hashmax is a good hosting service provider.

Although mining at home by oneself is an expensive business, there are other options that can make mining more profitable. Mining with a hosted company-where they offer cheap energy, set up hardware and rigs and take good care of your miners can be very money-saving and easy. HashMax would be a good choice if you considered miner hosting.

🙂Mining is not dead. Instead, it is developing and will get better in the future. Though home-based mining cannot make profits any more, a great number of people still continue to invest in cloud mining or hosted mining to make profits. Weeks ago, when Bitcoin price dropped to around $6000, I still made a profit of at least $5 per miner per day with HashMax. Looking for cheap and steady energy is really an essential part.

Why not try miner hosting? You can have your own miners, a professional tech team taking good care of your miners and enjoy cheap electricity.

I bought miners from HASHMAX and host with them. Bitcoin mined every day go directly to my wallet and what I need to do is simply pay the monthly electricity fee.

Absolutely not. Mining at home requires an expert knowledge of miners and produces relatively high household electricity fee. Also, it's impossible for us to take care of the miners at home at every moment.

A Chinese friend told me mining farms are making use of the disused electricity enegry to power miners. That's why they can offer really cheap electricity... If this is true, I think it not only profitable for miners but also good for the economy development.

Indeed, there are lots of fraudulent mining sites and we cannot be more careful. I was planning to work with a cloud mining company but my friend strongly recommended me to host my miners with Hashmax. She has been running her miners with this hosting company for half a year and it's much safer and profitable than cloud mining or mining on my own.