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Should I Cloud Mine? Eobot and Genesis Mining

3/27/2017

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"Should I cloud mine?" Ahhh yes, you hear about so many people cloud mining and receiving easy Bitcoin for doing so and so you wonder? "Hmmm, maybe I should jump in and give it try because I only see Bitcoin's price going up and up!" Well before you part with your hard-earned income giving it away to a cloud mining company with starry-eyed visions in your head of a waterfall of Bitcoin falling on you, you should check out my blog post first. Inshallah we'll cover the topic of cloud mining and once we're through, inshallah you will have a solid idea of whether or not you feel that cloud mining is for you. We'll also take a look at two popular cloud mining services discussing their pros and cons. Want to find out who they are? Please read on...
Things are permissible until proven otherwise.
...Islamic principle
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Audio version for, Should I Cloud Mine?
Audio length 49 minutes and 20 seconds
Assalaamu Aleikum everyone! And thank you visiting Islam and Bitcoin. Today let's talk about cloud mining. Is it worth it? Where should you cloud mine? Who offers the best cloud mining contracts? Can I really make a profit cloud mining? Who has the best return on investment? Who is reliable? Is cloud mining too good to be true? And what do I do if I am not sure if this whole cloud mining thing is halal or haram?

Today we'll tackle the subject of cloud mining and discuss the pros and cons and whether or not it is really worth it. We'll also be taking an in-depth look at two popular companies that offer cloud mining services, Eobot and Genesis Mining. 

For our show notes, please find below links to websites that I touched on during the video as well as links that I used as research. You can also find below the full video interview of Andreas Antonopoulos. I feature a portion of that interview in this video.

Show notes:
  • Eobot
  • Genesis Mining
  • Best Bitcoin Cloud Mining Contract Reviews and Comparisons
  • Top 10 Bitcoin Cloud Mining
  • Video: "Bitcoin Q&A. Feb 2017" - Andreas Antonopoulos
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​As always, we'd love to hear from you.

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  • Welcome!
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