How can I differentiate the cloud mining and Bitcoin lending?

gigglynxtg
Posts: 208
Joined: Wed Apr 26, 2017 8:33 am

How can I differentiate the cloud mining and Bitcoin lending?

Mon Aug 07, 2017 8:38 am

How can I differentiate the cloud mining and Bitcoin lending?
Kennedy
Posts: 149
Joined: Fri Apr 07, 2017 12:55 pm

Re: How can I differentiate the cloud mining and Bitcoin lending?

Thu Aug 31, 2017 6:58 am

bitcoin lending is what the name suggest, lending your bitcoin to someone. Have no idea about cloud mining!
kevin
Posts: 147
Joined: Thu Apr 06, 2017 8:09 am

Re: How can I differentiate the cloud mining and Bitcoin lending?

Thu Aug 31, 2017 6:59 am

cloud mining is done when you don’t have mining resources/ machines and you trust the other person to do it for you and lastly provides you with what is yours.
lahm
Posts: 243
Joined: Wed Apr 19, 2017 7:28 am

Re: How can I differentiate the cloud mining and Bitcoin lending?

Thu Aug 31, 2017 7:00 am

the difference is that in cloud mining you get your part after mining while in bitcoin lending you lend bitcoin to someone and expect it to be returned in future.
laws
Posts: 129
Joined: Sat Apr 08, 2017 10:35 am

Re: How can I differentiate the cloud mining and Bitcoin lending?

Thu Aug 31, 2017 7:01 am

cloud mining is done when you don't have enough resources for mining and you may lend bitcoins to your peer to help him or get a good pay back in future with some added terms and conditions etc.
lucas
Posts: 129
Joined: Thu Apr 06, 2017 8:45 am

Re: How can I differentiate the cloud mining and Bitcoin lending?

Thu Aug 31, 2017 7:01 am

in cloud mining you give your bitcoin to other to mine them for you while in bitcoin lending you give them to other as a loan.
Ningergy
Posts: 139
Joined: Thu Apr 27, 2017 5:19 am

Re: How can I differentiate the cloud mining and Bitcoin lending?

Thu Aug 31, 2017 7:19 am

these are different things, I don't find them to be compared.
natasha
Posts: 143
Joined: Thu Apr 06, 2017 7:46 am

Re: How can I differentiate the cloud mining and Bitcoin lending?

Thu Aug 31, 2017 7:20 am

the names are self-descriptive.
nicholas
Posts: 127
Joined: Thu Apr 06, 2017 8:45 am

Re: How can I differentiate the cloud mining and Bitcoin lending?

Thu Aug 31, 2017 7:22 am

exactly the difference can be seen right in the names; one is mining and other is lending :D
nishines
Posts: 200
Joined: Wed Apr 26, 2017 8:53 am

Re: How can I differentiate the cloud mining and Bitcoin lending?

Thu Aug 31, 2017 7:22 am

not everyone can afford mining resources, so they go for cloud mining while bitcoins can be lend for different reasons.
Ortiz
Posts: 168
Joined: Fri Apr 07, 2017 11:17 am

Re: How can I differentiate the cloud mining and Bitcoin lending?

Thu Aug 31, 2017 7:23 am

they are totally different, cloud mining is one of the ways u can do mining while giving ur BTC as loan is bitcoin lending.

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