First 30+ days of mining
Since last time I have been looking into cloud mining, as my laptop would not make much of a profit, which I posted about in part 1 - found here: https://steemit.com/mining/@jonrhythmic/various-experiences-with-mining-for-bitcoins-and-other-altcoins
Image source: moneycontrol.com
Another two weeks down the line I have gain even more valuable experiences I thought I would share with all of you:
- Cloud mining is not going to make you rich quick!
- There are plenty of scam sites, so be very cautious!
- NEVER invest more than you can afford to loose!
- Always double check your info, and get a second opinion from someone you trust!
I invested roughly $65 in three different cloud mining offers, and make less than a dollar a day per investment.
Most cloud mining scam sites look professional and might even pay out at first, but after a while all payouts are stopped, typically of ponzi schemes.
If it looks to good to be true, it usually is a fraud!
Search for more info about the company online and see what other people have to say.
Have you gained any hard earned experiences on cloud mining you would like to share with the rest of us? Leave a comment in the section below!
Also, feel free to upvote, resteem and follow me @jonrhythmic