SHOULD YOU BUY BINANCE CLOUD MINING CONTRACTS?❓
Absolutely Not!! At the current presale price of $23/TH, it is a HUGE LOSS. 😡😡
e.g. if you buy $63400 worth of mining ⛏️, and BTC price reaches ~86400, you will only end up making a few dollars in profit! Meanwhile if you had bought the same amount in Bitcoin, your profit would be $20,000 USD!!
if $BTC is lower than 86k at the end of the contract (1 year) then your cloud mining will make a loss!!
So basically the only one making $$$ will be Binance at your expense! Look at the calculator in the image and check yourself 😞 There is absolutely no upside for us.
Do let me know your thoughts please
