Bitcoin mining without hardware?

Bitcoin Questions and AnswersCategory: General questionsBitcoin mining without hardware?
Victor asked 2 years ago

Last updated on August 25th, 2016 at 11:56 pm

Hello and thank you for the detailed tutorials. I wanted to know if you can mine Bitcoins without needing to buy expensive hardware.

1 Answers
Ofir Beigel answered 1 year ago

You can mine Bitcoin without buying any hardware by using cloud mining. This means you pay someone to run the equipment for you and you share the earnings. However I have to warn you – 99% of cloud mining sites are complete scams and the remaining 1% just isn’t worth as an investment. Here’s my detailed analysis of cloud mining.