I Just Started Cloud Mining Bitcoin (BTC) – HERE’S HOW [Rockminer Sponsored Review]

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****This is a Sponsored Video***** Altcoin Daily and Rockminer have entered into an agreement for a sponsored review of their crypto. In exchange for the review, Altcoin Daily has received a payment of $3900 dollars, payed in $BTC. All Opinions Expressed are MY OWN.

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I Just Started Cloud Mining Bitcoin (BTC) – HERE'S HOW [Rockminer Sponsored Review]

48 kommentaar

  1. It’s nice when the markets are green but it’s so much better when it’s all red! Remember folks our price is cheap cheap! Watch the btc drop in a slow moe~

  2. I always ask myself this question. If they’re doing so great why do they want or need my Crypto. It’s getting down to crunch time for BTC it’s going to become too expensive to purchase so I’m going to hold on to what have and avoid HashflareGenesis mining rejects. No disrespect to you Altcoin Daily you have awesome content.

  3. And so you should. Shilled paid content is accountable for by the creator. If you loss as a result speak with a legal representative.

  4. After hash flare, I just can’t ever do cloud mining again.
    I like that you say how much they pay you for the review. 3900$. Nice one 😉

  5. eerlik, this is not a good investment. Unless you know how the markets move.

    1) Its easier and cheaper to just buy whatever coin you want at the current market price than mine it on a cloud. take ZEC for example as of this comment 1ZEC=$59.70 .. Why should I pay $63 to earn 0.09cents per day? that would mean I’d need over 600 days just to earn 1ZEC (59.7/0.09)

    2) I didn’t read the terms, but cloud mining is a contract where you’re basically paying them to maintain thier servers. Cloud mining would obviously switch to the most profitable crypto to mine, while you pay for it.
    3) they use USDT, just read the recent news on WSJ about Bitfinex, its why the markets dipped yesterday

  6. Good question, where is the break-even point? More than simple maths needs to be done here.

    As BTC value increases, more miners will join back the network (when its profitable) lowering your own earnings.

  7. Cool that you have sponsored videos, but this is just ridiculous. The video is a waste of time,
    since all these cloud miners are pretty much the same and also the same as 2
    jare terug. Also it makes more economically sense to just invest in the coin and
    hold.

  8. I think the idea behind it is make a short term loss while the prices are low and wait for the value to go up over time? maybieits still a gamble either way.

  9. I did some quick math and most of the estimated returns they post wont cover the cost over the length of the contract. But if prices go up after you receive your rewards you could make a profit. I wont be joining this venture but thanks for the video.

  10. scammy….if it’s profitable for youit’s more profitable for themjust buy a miner or buy bitcoin yourself

  11. If anyone wants to mine, it would be more profitable to build your own miner with GPUs and exchange into BTC if need be. You can always point the GPUs to the most profitable coin VS. Paying for a single contract.

  12. If you calculate the daily revenue x 180 dae, (6 maande) it is about half of the investment….. Am I missing something?

  13. Depends on the value of BTC, maar ja, do your own research and make your own decisions on what is best for you. 👍🏼

  14. Ivo You don’t get your money back if you mine Manero for six months you only on half of your money unless the price suddenly spikes out of nowhere

  15. Agreed. These cloud mining operations are a total bust for anyone with less than 50k, if you make the simple calculations you’re so much better off simply buying the actual crypto on exchanges. But they sure are extremly profitable for people who manage to get hundreds of referals. This channel is really becoming a shillfest :/

  16. That news was so exaggerated, feels like some kind of collusion was involved cause shorting positions went up a day before the news. Funds being frozen at one of their banks also proves they had assets backed in usd.

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