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RE: Cloud mining.... Should I?

in #bitcoin7 years ago

Great question @dmann884. I am using genesis alone at the moment for mining and really the concern over the last few months was the price of ethereum anx dash. These 2 beeing the main coins I mine with them.
Videos from their mining facility encouraged me and my belief has risen in them.
However I am not a big fan of the 2 years limitations of the contracts, so I just bought an ethereum mining rig for myself and I am looking forward to build these 2 mining facilities to a point where I can mine for myself and maybe rent mining power to others as genesis does.

Maybe this answers your question in a different way than you wanted, what do you think about my strategy ? Is it something you can relate to or improve upon ?

Just in case you decide to invest with genesis, use my referral and get a 3% reduction: mXLiHY .

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Thanks @decebal2dac ! You've answered my question perfectly! I know Dash is seeing some good gains today I hope that helps sustain your mining. Where did you find a mining rig?

sorry for the late reply, I found a mining rig specialist rather than a mining rig itself. I consider this is a better way of learning how to stay in this for the long run.
In my particular case I found someone on olx.ro , a platform similar to eBay