Bitcoin Mining Companies??

Bitcoin Questions and AnswersCategory: QuestionsBitcoin Mining Companies??

Donnie asked 9 months ago

Can someone tell if there are any bitcoin mining companies that are legit ? For example “VIP Mining”?

Profitability vs risk ?

any thoughts would be greatly appreciated

1 Answers
Steven Hay answered 9 months ago

Hi Donnie,
Well, I think it’s best to stay away from cloud mining. It’s an unnecessary risk compared to just buying and holding Bitcoin or the altcoin of your choice. There have just been too many cloud mining scams for me to feel comfortable recommending any such companies.

Steven Hay replied 9 months ago

For more detail, please see our guide to this subject:

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