Cloud mining?

_Bryan_

_Bryan_

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Has anyone tried cloud mining? I'm starting AWS mining soon, since I have $7k in free credits in my account and I've started multiple other accounts ranging from $2k-$25k.

I was wondering if anyone else is involved with cloud mining. How profitable is it for you? Are there any issues if you use your AWS account for mining?
 
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I'd prefer mining with a rig. In cloud mining someone can put the plug out of your mining and your money that you invested can become worthless.
 
I have been studying this issue for a very long time.
And I can definitely say that it is better to mine yourself!
Or GPU farms or Asiki
 
AWS will ban your account in few hours when they recognize you use their server ro mining coin
 
Amazon will come after you sooner or later ,not worth doing it !
 
I've been cloud mining for almost a month now and no issues :) The limit is still low though (about $50/day) but I'm trying to get it increased.
 
There are alternatives. Some projects you buy their coin & they send you however much that equates every week. Think there was a pretty big project like that mining almost 2 btc a day.

I'm setting a similar one where you buy an nft then the earnings from the mining farm gets split between all the holders, I do think its better than cloud mining since cloud mining yiu never know when they will shut you down.
 
_Bryan_ said:
I've been cloud mining for almost a month now and no issues :) The limit is still low though (about $50/day) but I'm trying to get it increased.
Click to expand...
What's your profit/loss (AWS and other expenses vs. Earning from mining)?
 
Although AWS seems to be the best, there are many other cloud services, I recommend you to try them, you can find them on the marketplace.
 
_Bryan_ said:
Has anyone tried cloud mining? I'm starting AWS mining soon, since I have $7k in free credits in my account and I've started multiple other accounts ranging from $2k-$25k.

I was wondering if anyone else is involved with cloud mining. How profitable is it for you? Are there any issues if you use your AWS account for mining?
Click to expand...
Amazon allows you to do that? Kinda surprised that isn't against their ToS
 
Riffles said:
Amazon allows you to do that? Kinda surprised that isn't against their ToS
Click to expand...
As far as I know, they do not allow and after a while they close the account, but it is still a usable method according to the efficiency you get.
 
Stay away from cloud mining
Most of them are scam
 
_Bryan_ said:
Has anyone tried cloud mining? I'm starting AWS mining soon, since I have $7k in free credits in my account and I've started multiple other accounts ranging from $2k-$25k.

I was wondering if anyone else is involved with cloud mining. How profitable is it for you? Are there any issues if you use your AWS account for mining?
Click to expand...
Cloud mining isnot give you much profil instead of rig mining because rig give you best mining hasrate as compared eith bought Cloud mining more over its just waste of money on cloud mining
 
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