Cloud Mining Crypto's
I just signed up for a 24hr rental at Eobot. I see there are a few other Cloud Mining options. I'm going to mine STEEM too!
Has the difficulty level risen so high that cloud mining isn't worth it? If it is worth it, which provider would you recommend?
Is getting into a pool necessary or even an option for a non-techy?
Thank you for your thoughts,
Ben
One downside, that I can see is you cannot withdrawal a bunch at once. I can see how that would stop a run on the bank, but there is no bank...there is no spoon...
this is a 1 min chart, but look at that gap! i stopped mining steem for now. wouldn't it make sense to mine when price is up?
mine when price is low, to my knowledge, I'm not saying that it's so but i believe, if the price is low, there'll be less miners interested , meaning, that difficulty will decrease yes? take my mistake for example, i had 1000 chc last week, i sold it all due to it's low value, i didnt see it going anywhere even though my peers advized me not to let go. it was worth 0.05 last week now chc is worth 6.47. I hate myself
holy shit! what is chc? but yes, your reasoning makes sense
I thought you couldn't mine STEEM anymore.
yo check it: https://www.eobot.com/user/937066
I have it switching back and forth from steem and btc
I heard that Genesis Mining is pretty good in this field. I've never tried it so I have no idea.
How are you going to mine STEEM?
Genesis Mining is what i use along with Hashflare. I highly recommend the two of them. I love mining Scrypt on Hashflare, and Bitcoin on Genesis Mining.
If you guys want to start i can give you guys a small discount.
Hashflare
10% Off
3%OFF GenesisMining Use promo code
2M8NiG
when i sign up i'll use your links, might not be for a few weeks. will u get a notification?
eobot told me i could mine STEEM :-// I'm not really sure, the number keeps going up tho...
Interesting. I'll check it out. :D
Your 24 hour rental, How much did you invest, what's your return so far?
well, i was just playing with the mechanics and switching between steem and btc for a bit then just steem, also half with the sha-256 and scrypt. so my controls would not be scientific. but where the rubber meets the street, i put in .001 btc and ending balance is .0096796 :-((( screw that! i'm going home
wait, you made a typo or you made $20 profit from your $2 investment?
oh yeah, .0009...screw that!
haha , didn't really trust that site, since the day I laid eyes on it. the only reason i was there, is for the mining software , there was a button to download their mining software, after clicking it, i had to sign up. after 10 minutes of time wasting i came to find out that it was only click bait...