Bitcoin Mining – Cloud & Home – Risks & Opportunities

Bitcoin Mining – Cloud & Home – Risks & Opportunities

What are the pros and cons of mining? Do you mine? Is cloud mining profitable?

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LTC — LguhPERjTXenBqe5gjaKgJn9CHZmP4AJKw
Dash — XfKcrjBEYyWypNLgZzPtQvwfWWAG9MaZAr
NAV – Nbouc8cE38LQTMcnAb7oa7J8rqjKrNcxcY
PIVX – DGpxDCjbj6gPChcAi56qXM24qVrCWHpKu8
Ethereum — 0x18BC5a79872115d9b774233A2011b10Ab302Ad24
ANY ERC-20 Tokens (I.E. PAY or OMG) 0x468cB54a3821d8b0129C42Ea6ADf12748d97fD98

Disclaimer: Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money!

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  1. can you do a vid on neromation ico thanks lark you the man!

  2. Jovan Jankovic

    The best way to mining Bitcoin,Ethereum,Dash and Zcash online
    Join and become a member of the best team.

  3. I bought 5 Th/s with genesis under your link Lark 3 months ago and couldn't be happier and also 30 Th's with Hashflare before the contract conditions changed. Happy days.

  4. On the thumbnail for this video there appears to be images of people dressed in black against a yellow background moving around yet I don't see it in the video content.just wondered what it was, as an artist I find it resonates with me.

  5. Peter Petterssen

    So.. this is what happened. I tried to get a 10TH/s extension on my mining contract on genesis when the February pre-sales came, but the site was lagging so bad for hours, that I gave up. Instead I went to Minergate on someones recommendation on reddit. I was busy too – but now that I can make direct comparisons, the daily payout at Minergate is roughly 1/3 of what I gain at genesis with the same 10TH/s. The differences on fees on paper arent that big so I dont know whats going on. I wouldnt recommend it based on my experience. I might get my dollar value back but its not what I expected.

  6. Anyway my humble opinion is that Hashflare is the best option at present moment…

  7. Good job as usual by the way!

  8. Hi Lark, as I mentioned before, Minergate, the ROI there is a bit less than a year. Means you get what you invested in lets say 11 months, then it will be your profit. You wasnt very clear regarding Genesis. In what time you get your ROI there?

  9. i tried using your referral code for genesis mining and it wasn't valid.

  10. Michael Savilla

    Hey Lark, question about 1 year hashflare contracts… After some math, a strategy I'm aiming to risk is compounding total payouts back into hashflare daily so long as they continue to offer it. I'm just starting out but from my understanding, each reinvestment is good for a year from whatever day you invest, right? So if I wanted to roll the dice and reinvest it all daily, I could over time maximize how much hashpower I have by the end of the year. And from then on even though my initial terrahashes will expire, I'll have accumulated much more over the year that I could at least maintain from then on and maybe start taking some profits. I'm hoping that the difficulty doesn't outweigh the bitcoin mining value too much, and that they continue to offer affordable contracts, but otherwise, does my thought process make sense and strategy sound reasonable? Thanks man.

  11. youtube s7ihl

    Be careful with dragonmint bitcoin miner preorder .Only pay 16cents for power in Dunedin Lark. great for mining

  12. Yeh l mine in miner gate it is ok, but it has less income than GM

  13. Daniel Moffatt

    You can only buy the S9's with Bitcoin Cash at the moment

  14. mohamed badawy

    Please check the envion ICO and tell us what do you think about it, it is a mining project?

  15. Hey Clark did you check out the DragonMint 16TH ASIC? It just came out and the price is really good, the only problem is that they are being shipped in March.

  16. Cryptocoin Kiwi

    What sort of heat would a bitmain miner generate?

  17. What about bitclub network?

  18. MrHarrilasagna

    Thanks for the update Lark. Still haven't ventured out past genesis mining and home mining. But, I did invest in Hydrominer and Affinity. So that scratched the itch to diversify the mining portfolio.

  19. Another great video what about Bitclub Network? Ah forget about them I don't like the setup there! What about Hashflare I withdrew 0.3515807 BTC yesterday and am still waiting the payment to turn up! Just wondering they don't mail it to you now do they?

  20. oh dash lmfao you've touched my heart 6:21

  21. Hey lark just purchased 15Ths on ur genesis mining code. 😘

  22. What about FFLAK? Upgrade during the trial period and get 200 GHS for $10 (paid in BTC).

  23. Bigdaddycrypto

    Hey Lark, should you calculate the price of Bitcoin price rise into your calculations?

  24. Thanks for the timely info! I'll be using your 3% off code on Genesis Mining today!

  25. TooLegit ToQuit

    A mime is a terrible thing to waste

  26. TooLegit ToQuit

    Miming is a waste of time and money

  27. Thank you for such a thorough explanation and comparison of the different mining sites and options available. It’s a great starting point for further research into the subject 👍🏼👍🏼

  28. Thanks for the comprehensive breakdown! Watch all your videos!!!
    Just got some genesis Mining contracts – if you need a code b34WsN is mine!

  29. lol Bitmain freaking out about the new miners

  30. I dont like Minergate as they tend to gobble up way too much hasing power, I now use NiceHash for my home mining operations but I really need to investigate mining coins direct such as Zcash / Ether as I'm told they have better payouts!

  31. Hi Lark,, Don't know much about mining and have never done it. However, I am really weary about cloud mining, surely if 100,000 people sign up for a Genesis contract it increases centralisation and opposes the whole point in a decentralised system? This is not why initially joined the movement. Am I missing something?

  32. I have been missing payouts from Genesis mining for months and they continue to miss payments, I have opened many tickets over the time of 5 months and they have never responded aside from automated messages. Cloud mining is the worst way to spend your crypto, if you want to spend fiat then fine, otherwise only the big youtubers make money from the bonus hashpower.

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