Topic: Advice for new users regarding CLOUD MINING - page 13. (Read 44376 times)

yes cause the regulation says no, but when i was 13 i would work snow time plowing snow and the summer i would work a few weeks in a ranch might not be much but each year i would safely say i made about $2000 a year maybe $2500. I know its not alot but this was back in early 90s. I would put all my money into a savings account and did this till i was 19 " legal age in my area " then boom hello almost $20,000 including parents and grandparents allowance and birthday and xmas money lol. Im sure i would have more but i would keep like 15% to myself cash to have. I can only imagine what it would be worth if i had something like bitcoin to put it into might have lost but might have made more than bank saving rate of 2.5% that i had

There is reason why this people (13-15) can't (alone) open accounts.. 

i really more of this cloud services would have platform like cex.io I do own cex.io, i also have hashie.co, some havelock AMhash1 to try out and gawcloud hashlets oh and hashnest.com . I pointed out those names of things i have as OF TODAY since it can change tomorrow or even after i write this post lol. I just wish they would have interface like Cex.io where you can buy even in fractional GHS or alot if you wish. Also i like the fact Cex.io lets you see in REAL TIME earnings from each block found as they come in and clear confirmations. This other sites all seem to have daily payouts i HATE THAT i like real time stats and payouts. Also a big thing i love about cex.io and why i stay with them Despite high fees and prices is that you can make " vouchers " dont matter if it is for 0.5 GHS or for 500 GHS or 1TH can do it all and then we can gift them to other people for holidays or birthdays. Heck we can even sell the " cex.io vouchers " on places like ebay or amazon and i know alot of people like this option as do people who want to get into bitcoin but dont want to use coinbase or site familiar. Even some people that want to get into bitcoin cant cause they only like 13-15 so have no way to open account to buy bitcoin but can use prepaid cards on paypal to buy cex.io vouchers. This is just my 2 cents why i think more sites should be in the platform sense like cex.io i will post this same post on the 3-4 pages of forum i read most/ post to.

 Maybe because Bitcoin price is going down a difficulty is going up, they are paying only what a miner would produce (if they actually had some) and in terms of fiat, that amount has plummeted over the last year.  Given that most miners wont make back their cost, they don't have to ever pay you back everything you gave them either.  If you do the math, you will see it for yourself instead of believing in them based on the fact that they are still around.  Notice they are located in Canada and will not sell to Canadians - ask yourself "Why?"

The biggest Ponzi allegation is against PB mining and they have not failed even after a year.

You have right.. and if i will believe it is Ponzi system, i will invest large amount!
Second think - we have to answer on question: how much it is "small amount"? or "large amount"?  
Anyway let say that at the moment i don't have funds for gambling..   ..but like an example - my friend like this "sport" and he invest around 10 BTC. Most in PBmining - atm around 80% or more ROI. Now reinvesting in PB and others.  

Trying with small amounts is not a useful test for a Ponzi scheme, especially if you plan to send larger amounts later.

This is a question to which no one (only the owners and their immediate surroundings) for long time will not be able to respond.
I've seen a lot of reviews and it is hard to decide whom to trust. So I decided to test it by myself, at the beginning in small amounts. Let see where it will go..

Have you been able to determine which of these are Ponzi schemes and which are not?

Great article!!! Thank you!

I'm testing on small quantities some cloud mining services. From this three I already get withdrawals:

Cryptomine.io - payments everyday, we can set withdrawal when is >0.02) - more here: https://bitcointalksearch.org/topic/cryptomineio-sha-256-scrypt-unlimited-mining-contracts-832448

Hash Profit - payments every day, withdrawal automatic when is >0.05) - more here: https://bitcointalksearch.org/topic/ask-hashprofit-755527

Cloud Mining.website  - payments every day, withdrawals one time per week in monday - more here: https://bitcointalksearch.org/topic/high-performance-bitcoin-mining-starting-from-00004-btcghs-since-2014-843417

Today i start testing Cloudminr.io - atm i can not say to much, but in my signature you can find some informations and links.

Or by sending an email to  - [email protected] -

yeah i sent support ticket to hashie.co website still no response 36 hours later. I just asked them if i can see where the miners are mining live stats and NOT just a 1 time screen shot. I told them i need to see live GHS mining stats since someone can just buy a shitload of GHS on ebay or similar for short term and get a picture. I find it weird how hashie wont let me go into " chat section " till i buy a miner and not just have the free 10GHS

yes i heard of it, but it doesnt sound too good.
just take the free 10 ghs (if still available) and watch the low profits, hehe. if you wait, you can buy one miner, if the payout is the same, so you can withdraw immediately. but this will last!

Has any one ever heard of hashie.co i got email from a person i know so figured i ask here 1st

with this 3 minute tour u can get 10ghs BTC miner for start https://bitcointalksearch.org/topic/10ghs-cloud-miner-for-3-minutes-of-playing-lifetime-now-without-pasting-emails-853360

I'm not sure why there is a gmail address here ? It does not look professional.

By the way, reports are surfacing that cloudmining.website is paying out as per promise. So, I think this service can be added to OP. Moreover, if u decide to join them, please use my signature.

With bitcoin payout it doesn't look so great at the moment: 

14) GAW ZenHashlet (from HashMarket mining bitcoin) - $12.60 or 0.03631 BTC per MH/s SCRYPT
0.15877168824015422% earned per day.  - Calculation: 0.00005765 divided by 0.03631 multiplied by 100.
- Calculation: (net) daily payout divided by purchase price multiplied by 100.
ROI - estimated 629.83 days to break even without difficulty increases.  
Note: This calculation is so low because of daily fees per MH/s = 0.0002309 or $0.08
To get free access to HashMarket and 10GH/s send a request to - [email protected] -
Click here for more details on ZenHashlet w/ 5%...

Click here for full list: https://sites.google.com/site/freebitcoinsforall/

Are you calculating this using HashPoint???  Can you show us the current BTC payout less maintenance calculation? thanks

I love your list!! BTCBTCBTC

There are a few I haven't heard of and I'm looking forward to checking them out.

According to what I've been able to find in my own adventures in cloud mining I've made a list of 14 mining companies and ranked them by daily profit percentage!

Check out the full list on my website: https://sites.google.com/site/freebitcoinsforall/

The current top 4 are:

1) GAW ZenHashlet (from HashMarket mining HASHCOIN ICO) - $12.60 or 0.03631 BTC per MH/s SCRYPT
6.746031746031746% earned per day.  - Calculation: $0.85 ($0.17 X 5) divided by $12.60 multiplied by 100.
- Calculation: (net) daily payout divided by purchase price multiplied by 100.
ROI - estimated 14.82 days to break even without difficulty increases.  
Note: HASHCOIN ICO ends approximately December 1st 2014 - ZenHashlet will no longer mine hashcoin after ICO.
To get free access to HashMarket and 10GH/s send a request to - [email protected] -
Click here for more details on ZenHashlet w/ 5%...

2) GAW HashletPrime (from HashMarket mining HASHCOIN ICO) - $39.90 or 0.1162 BTC per MH/s SCRYPT
3.195488721804511% earned per day.  - Calculation: $1.275 divided by $39.90 multiplied by 100.
- Calculation: (net) daily payout divided by purchase price multiplied by 100.
ROI - estimated 31.29 days to break even without difficulty increases.  
Note: HASHCOIN ICO ends approximately December 1st 2014 - HashletPrime will mine hashcoin after ICO.
To get free access to HashMarket and 10GH/s send a request to - [email protected] -
Click here for more details on ZenHashlet...

3) LTC-Gear - $5.31 per MH/s SCRYPT
- 160MH for $850 use code: anniversary1yr for 57% off - anniversary1yr
1.6621468926553675% earned per day.  - Calculation: $0.08826 divided by $5.31 multiplied by 100.
- Calculation: (net) daily payout divided by purchase price multiplied by 100.
ROI - estimated 60.16 days to break even without difficulty increases.  
- Shares automatically increase in power every month or so!!
- To get the discount, look for "ASIC share1K6X – Anniversary" - The 1K6X=160 MH/s SCRYPT.
- Don't forget to enter the discount code - anniversary1yr
Note: Site is a little confusing and has a high minimum purchase requirement but is very profitable.

4) BitcoinCloudServices - $0.4671 or 0.00135 BTC per GH/s SHA-256 - Pays daily to your wallet with no fees!!
0.9407407407407408% earned per day.  - Calculation: 0.0000127 divided by 0.00135 multiplied by 100.
- Calculation: (net) daily payout divided by purchase price multiplied by 100.
ROI - estimated 106.29 days to break even without difficulty increases.
Click here for more details on BitcoinCloudServices...

And I had to add a note to the CEX entry - ROI - estimated 14111.70 days or 38.66 years to break even without difficulty increases.  

You might like to check my signature, though I would always recommend to do your own research before you invest.

Here is the service announcement thread: https://bitcointalksearch.org/topic/high-performance-bitcoin-mining-starting-from-00004-btcghs-since-2014-843417

Here is a related discussion going on: https://bitcointalksearch.org/topic/cloudminingwebsite-new-puppy-in-cloud-mining-844310