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Lots of people ask me if cloud mining through services like Hasflare and Genesis-mining are a scam. The short answer is no, most cloud mining providers have an excellent business model and they don't need to scam you. You are providing these companies with the capital they need to purchase cloud mining hardware and in return you get to enjoy some of the benefits.
Yes it is possible to make money on some of the best cloud mining contracts out there but I challenge people to look at where their real profits come from.
If you purchase a 1 year mining contract for bitcoin and pay in advance you are taking a long position on bitcoin that you cannot easily exit. Making money online is getting easier and you should take advantage of that!
Amazon FBA Course link: Welcome to my journey of entrepreneurship!! I will be talking a lot about Amazon FBA, Affiliate marketing, Social media marketing and making money from home, and how to get yourself ready and motivated to get stuff done!!
I want to help you all find your entrepreneurship journey! I hope you liked and learned something from the video! The tool I use for product research is Junglescout, Its great and lets you filter for the products you want sales, reviews, etc..
Here is a link to junglescout: If you have any questions, leave it in the comments down below! Like the video if you enjoyed and found it helpful! Subscribe to stay up to date on my entrepreneurship journey and so much more! I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice.
You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing. Video Bagikan Unduh video Tambahkan. Patrick Corsino watch out promoting. Look what has happened to bitconnect promoters. All they dis was make videos like you now they are being sued because of BCC collapsed.
Start making disclaimers in beginning and ends of videos as well as in you post. State you are not an employee of the company or financial advisor. Merouane Siahmedouali 3 bulan yang lalu. Obviously if BTC tanks, you won't make your money in half a year but maybe in a few years!
Did they pay you? Why not compare Genesis mining to know which one we should pick? Checkout this brand New Cloud Mining Site fairmining. Am happy i invested on this cloud mining site bitly. Hey buddy , you are totally wrong! Pay more attention to your calculations! I think this is the opportunity that Ive been looking for here comes GIG9 with a huge profit. Can someone donate me some btc? You might want to check your numbers again. The bitcoin mining calculator, you're using, does not account for increased difficulty, which happens every two weeks.
You can not underestimate this. The other concern is the maintenance fees will eat most of your profits as difficulty increases and bitcoin price stays lows.
Also check out JamBart's ID-vid channel. He discusses reinvesting and even has a calculator for it. For a limited time they are giving away free ghs on signup. Can you review the site and check if it is legitimate because it seems good to me. Much more profitable than hash flare. Here is Link bit. Claims or not claims sam. I am your subscriber. Crypto Conversations 3 bulan yang lalu.
Hey Patrick great as usual. I am heavily mining ETH at the moment and my partners and I are thinking of offering cloud mining contracts like Hashflare and CCG but with fixed minimum returns so that people can plan their portfolio growth more accurately, without the need to worry about difficulty changes. Do you think this will fly? Sincerely, Bryan Brit in Spain! Hashflare's calculator doesnt make adjustments when reinvesting.
They also do not realistically calculate difficulty increases, now that everyone and their grandmother is on board. Hopefully the corruption in marketmakers will break, and BTC will go up to where it rightfully should be. I invested almost a month ago now but when I look at my payouts I see that they are really fluctuating. Your account has more of a rising trend. Can you help me understand? Hi, how much your initial investment?
Been mining for a few months now.. Hello I have just purchase about 3. But there is no graph or anything showing that it is been mining. I am just concerned that my money is not gone. Looking forward to your reply. Here is my Hashflare link: I also hope there will be some coins in my account waiting 24 to 48 hours so I can be relieved that it is s good purchase and then I can buy some contracts. Send me your referral id. If I think it is a good one I will be buying another usd within next week or so.
Patrick Corsino thank you for quick reply. I will wait 24 hours to see if it gets updated. Just really quick have you tried sun mining. I see lots of their ads on ID-vid. Thank you so much for the videos! Because of you I started to invest in Hashflare but it doesn't let me pay much with credit card so I have to do it with small amount. Since Genesis is out of contracts. Oh I thought it would take less than that.
I still think it is a great way to get a passive income. Thanks for the great videos! The one thing I don't like is the one year contract. How do you get around that? What is your personal investing strategy to overcome the 1 year contract?
Does each daily reinvestment count as its own brand new contract and thus "extend" your contract or does it just get added onto the existing one year contract and still expire after a year? Is there is an investment strategy to use on hashlflare that can artifically "extend" my contract beyond the one year mark and allow me to keep it going? Thanks again for reply man. I guess we will just have to keep our fingers crossed and pray they don't sell out!
It makes sense, however there is no real way of knowing for sure.. I just thought of one more question. Right now hashflare is still selling bitcoin contracts. But the site says the contracts are in limited supply which means they will probably sell out at some point. So here is my question: Or does that mean we will be unable to reinvest and just have to wait as our one year contracts expire?
Do you know if people like us who all ready have a hashflare account are somehow "grandfathered" in and perhaps be able to keep on reinvesting even after contracts are sold out?
Hopefully this question makes sense: And so how can I reinvest to make the most profit!! And also could you make a video where you go through the entire process? You know just to see the entire thing!