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| comment | | "parent_author":"",<br>"parent_permlink":"bitcoin",<br>"author":"islandcrypto",<br>"permlink":"cloud-mining-vs-hardware-mining",<br>"title":"Cloud Mining Vs Hardware mining",<br>"body":"Mining is almost the easiest way to earn cryptocurrency .\n\n![Mining.jpg (https:\/\/steemitimages.com\/DQmNVDrNqfjJLaVTucqx7GzZn31FhzvEjfNV6FXrWwwYWC5\/Mining.jpg)\n\nBut Oh oh,<br> there are risks involved. Because more people doing the same as each other the money rewarded to one person becomes less each time and coin volatility also affect this value. Signing up with a cloud mining company has these risk plus you have to also trust the company will be running for the time of aggred contracts.\n\n![DSCF1841.jpg (https:\/\/steemitimages.com\/DQmQjUxoqaTnm3P1vkYXBXNZJFx1oFviqSCPgCH1xaiV7gw\/DSCF1841.jpg)\n\nCloud mining means simply that the company buys the hardware and stores it at their facility and you pay the said company to run the equipment for you. Hardware mining is simply when you purchase your own hardware and manage all cost,<br> setup fees and liabilities. \n\n![$_86.JPG (https:\/\/steemitimages.com\/DQmYuptyA9Hmf5Zb6medaQUAYnEEEqguab8ubdKQgLtYh3N\/%24_86.JPG)\n\nMining can have a high electric cost,<br> can produce lots of heat and noise depending on hardware brand and type. Cryptocurrency coin groups uses different types of hardware to mine them efficiently.\n\nAdvantages (cloud mining) \n\n1)No noise or heat \n2)No electric bill surprises \n3)No hardware or software configuration \n4)some offer referral incentives \n\nDisadvantages \n1)You need to trust this company \n2)You don't own the hardware \n3)Contract times are limited\n4)Coins you mine are limited\n\n\n\nAdvantages (hardware mining)\n1)Hardware is yours and have a resale value\n2)Have the ability to over-clock your hardware \n3)You can mine what ever coin you choose\n4)Profits can be better\n\nDisadvantages\n1)heat and noise\n2)set-up process\n\nIf you have more to add to this post please don't hesitate to say in the comments !!!\n![kaboom-logo.png (https:\/\/steemitimages.com\/DQmSZRSHRKd6a9V1Fvs4gLoUBXB54F917ApftAGrcD7TVyg\/kaboom-logo.png)",<br>"json_metadata":" \"tags\":[\"bitcoin\",<br>\"cryptocurrency\",<br>\"steem\",<br>\"photography\",<br>\"steemit\" ,<br>\"image\":[\"https:\/\/steemitimages.com\/DQmNVDrNqfjJLaVTucqx7GzZn31FhzvEjfNV6FXrWwwYWC5\/Mining.jpg\",<br>\"https:\/\/steemitimages.com\/DQmQjUxoqaTnm3P1vkYXBXNZJFx1oFviqSCPgCH1xaiV7gw\/DSCF1841.jpg\",<br>\"https:\/\/steemitimages.com\/DQmYuptyA9Hmf5Zb6medaQUAYnEEEqguab8ubdKQgLtYh3N\/%24_86.JPG\",<br>\"https:\/\/steemitimages.com\/DQmSZRSHRKd6a9V1Fvs4gLoUBXB54F917ApftAGrcD7TVyg\/kaboom-logo.png\" ,<br>\"app\":\"steemit\/0.1\",<br>\"format\":\"markdown\" " |
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