Bitcoin/Litecoin - Worth it ?

[Not_Sean]

Hey guys, 

 

Me and boss been talking about Bitmining, and what not.

 

Who on here does it, Could you honestly say its worth it ?

 

want to find out from guy who actually do it. companies like Zeus mining promising the world at great prices, just seems to good to be true.

 

What you guys recon ?  

[PineappleHolidays]

It's past it's peak,

It really isn't all that worthwhile.

 

Think about it, they won't sell you the golden egg laying henn, if it was profitable, then zeus or other would run it themselves

[Not_Sean]

It's past it's peak,

It really isn't all that worthwhile.

 

Think about it, they won't sell you the golden egg laying henn, if it was profitable, then zeus or other would run it themselves

thats exactly what I can't understand about it, Guy we know says hes making very good money just having two cloud miners. Just doesn't add up to me 

[Ahaber]

It's not really worth it Bitcoin is still quite volatile, it also has an extremely high difficulty, and it isn't expanding the way that it was when it was near $1000 a coin.

[Ahaber]

thats exactly what I can't understand about it, Guy we know says hes making very good money just having two cloud miners. Just doesn't add up to me 

He must be mining Alt-coins or something like that that has a much higher volatility and potential profitability,

[Enderman]

thats exactly what I can't understand about it, Guy we know says hes making very good money just having two cloud miners. Just doesn't add up to me 

if a company is renting their servers to people to mine coins, do you think that they're just giving away money they could be making by mining themselves?

of course not

they make more money by charging people rent than you get from mining

thats why they even exist

[Johannes_Lazor]

come back 2 years ago.


You have to go Really big scale if you want to mine for profit.

[Not_Sean]

thanks guys. Yeah all seems very retarded to me, boss going on and on how much cash he's going to make. 

 

Me i'll save my cash for the cocaine and stripper rather.