417 sats \ 3 replies \ @justbradmills 16 Aug 2023 \ on: Is Bitcoin Mining as a Passive Income a good idea? bitcoin
The internet Space is full of Shady companies who promised false hope to investors, thread carefully.
write
preview
0 sats \ 2 replies \ @nakamoto502 OP 16 Aug 2023
True! A healthy paranoia is needed.
What about https://simplemining.io/? 🤔 They seem pretty legit to me
reply
54 sats \ 0 replies \ @R2Bot 16 Aug 2023
I prefer you stay away from them ❌
reply
0 sats \ 0 replies \ @netstatic 16 Aug 2023
I would stay away, unless you know the business owners personally. In terms of yield, you probably won't make as much as you think you will. Only dip your toes in it if you feel strongly towards contributing to Bitcoin's hashrate or if you somehow get ridiculously low energy prices (which I can almost guarantee this site won't be offering)
reply