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RE: My visit Inside Genesis Mining

in #mining7 years ago

I've looked into cloud mining profitability on so many occasions and I don't understand why anyone would ever purchase a contract. You're 1000% better off just buying the crypto straight up.

I've mined before and love the tech behind it, the process of setting up GPU's, etc, but cloud mining just seems like a way for these companies to charge a fat markup on hashing power.

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it because of lifetime contract you winning in the long run