Best Cloud Miner | Bitcointalksearch.org

CyberKuro

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Quote from: MonkeyManofLife on January 28, 2018, 05:34:51 PM

I got geneismining a year ago to mine me bitcoin and I don't really like it so far. If this is the best one then I guess I will deal with it but if I am to purchase cloud mining which cloud miner should I get?

I have talked with my friend that has invested in genesis mining, he said it's profitable as he has enough hashrate to generate bitcoin.
if you want to share your experience, you may provide more information about how much hashrate that you have?
as it's not worth to purchase a little hashrate from cloud mining, it will take a long time to generate bitcoin due to difficulty obviously.
if you have 15,000 GH/s, it can generate BTC0.04346997 monthly or equal to $500, minus maintenance fees.
What about other cloud mining? I don't recommend any of them, but do your own research about a cloud mining site before sending your money to them.
if the electricity cost in your city isn't so expensive, less than $0.13/kwh, you can try to mine by yourself, just buy some GPUs or some ASICs, it's more reliable and profitable than cloud mining.

madwica

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Quote from: SONG GEET on January 29, 2018, 11:33:54 PM

Quote from: MonkeyManofLife on January 28, 2018, 05:34:51 PM

I got geneismining a year ago to mine me bitcoin and I don't really like it so far. If this is the best one then I guess I will deal with it but if I am to purchase cloud mining which cloud miner should I get?

Genesis mining seems the only one cloud mining platform that haven't got many accusation till now but I will not tell anyone to invest in them or any other cloud mining platform.

Other than genesis, most of the cloud mining platform are just ponzi.

Yes genesis mining is legit for now but the big possibility to be scam is always there, that is why if you get profit at you contract much better not to reinvest leave and not to regret soon.
But still there are many users wanting to invest in ponzi just looking for quick and high profit even it is very risky method.

minthit

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Quote from: MonkeyManofLife on January 28, 2018, 05:34:51 PM

I got geneismining a year ago to mine me bitcoin and I don't really like it so far. If this is the best one then I guess I will deal with it but if I am to purchase cloud mining which cloud miner should I get?

As far as I know of what I have learnt on this forum about cloud mining, it's a thing you should avoid at all cost because there's a high chance a ponzi might be going on. It's quite valid because come to think of it, why would somebody hire his hardwares when he can do himself.

SONG GEET

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Quote from: MonkeyManofLife on January 28, 2018, 05:34:51 PM

I got geneismining a year ago to mine me bitcoin and I don't really like it so far. If this is the best one then I guess I will deal with it but if I am to purchase cloud mining which cloud miner should I get?

Genesis mining seems the only one cloud mining platform that haven't got many accusation till now but I will not tell anyone to invest in them or any other cloud mining platform.

Other than genesis, most of the cloud mining platform are just ponzi.

Koro-Sensei

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Quote from: MonkeyManofLife on January 28, 2018, 05:34:51 PM

I got geneismining a year ago to mine me bitcoin and I don't really like it so far. If this is the best one then I guess I will deal with it but if I am to purchase cloud mining which cloud miner should I get?

Don't be tense about cloud mining,it is not worth don't buy it please, if you're that interested you should always do your research and look for reactions and surveys. This forum has lots of exceptional people you can ask them if you want and they will give you the same answer as mine if you're talking on cloud mining.

pinkflower

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Quote from: MonkeyManofLife on January 28, 2018, 05:34:51 PM

I got geneismining a year ago to mine me bitcoin and I don't really like it so far. If this is the best one then I guess I will deal with it but if I am to purchase cloud mining which cloud miner should I get?

I generally advice everyone to stay out from investing in in forms of cloudmining, either in contracts or cloudmining exchanges. But since you are already committed to Genesis mining, stick to it, save what you earn, and do not waste anymore of your money. Cloudmining investments are NOT profitable.

katinko

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Quote from: MonkeyManofLife on January 28, 2018, 05:34:51 PM

I got geneismining a year ago to mine me bitcoin and I don't really like it so far. If this is the best one then I guess I will deal with it but if I am to purchase cloud mining which cloud miner should I get?

Much better to avoid investing in cloud mining it will not give you good profit but it will makes your investment at higher risk. Cloud mining is no a good method to earn profit, most of them are turning to be scam in the long run. That is why i recommend to avoid this kind of method and find other method like trading and investing in ICO this is much better.

h0lybyte

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There are a lot of cloud mining platforms but according to my experience, cloud minings are not the way to start your journey with crypto market. They can run away anytime without further anouncements, even though a few which still standing can not give you profits, you also wouldn't get minimum returns on maximum investments with cloud minings

jtipt

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Quote from: Welsh on January 29, 2018, 05:50:29 PM

Quote from: swogerino on January 29, 2018, 04:58:20 PM

Eobot is one of the worst cloud mining together with Genesis Mining and some other cloud mining websites. You cannot ROI in both of the websites with their cloud mining services. In Eobot your earnings will be decreased everyday making your ROI impossible while in Genesis they will pay you at first, usually for a few months and then stop because of high maintenance fees and electricity cost. The only legit cloud mining is Hashnest as you have the option to sell your mining power but still to make ROI is impossible here too unless you are smart and good at trading your mining power.

They all end up scamming users. I wouldn't recommend anyone using these types of services unless you like to literally give away your money. They aren't profitable, and will likely end up hurting a lot of the users who were using the service.

True. As far as I have seen, sooner or later all the cloud mining services turn out to be ponzi scheme and scam the users. Even if some 1% are legit service, they don't offer any good profit. You are better off doing GPU mining of XMR or something that'll earn you more.

Yudhisthir

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Quote from: BitHodler on January 29, 2018, 08:51:08 PM

Quote from: Welsh on January 29, 2018, 05:50:29 PM

They all end up scamming users. I wouldn't recommend anyone using these types of services unless you like to literally give away your money. They aren't profitable, and will likely end up hurting a lot of the users who were using the service.

The services being a straight scheme are a scam, and those with actual mining equipment are legal scams, so yes, it's all the same in the end: a scam. People however can't think logically.

They see a mining service paying out consistently over a fair period of time as a legit service, while they completely ignore that the next blind investor's funds are being used to pay out the previous blind investor.

It's a cycle that maintains its form due to the greedy and stupid nature of a lot people in this market. Regardless of what the smarter people here come up with as advice, noobs stay noobin and keep falling for it

Most of the so called cloud mining are scam, rest are not profitable. Even an interest bearing wallet will earn you more than them.

BitHodler

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Quote from: Welsh on January 29, 2018, 05:50:29 PM

They all end up scamming users. I wouldn't recommend anyone using these types of services unless you like to literally give away your money. They aren't profitable, and will likely end up hurting a lot of the users who were using the service.

The services being a straight scheme are a scam, and those with actual mining equipment are legal scams, so yes, it's all the same in the end: a scam. People however can't think logically.

They see a mining service paying out consistently over a fair period of time as a legit service, while they completely ignore that the next blind investor's funds are being used to pay out the previous blind investor.

It's a cycle that maintains its form due to the greedy and stupid nature of a lot people in this market. Regardless of what the smarter people here come up with as advice, noobs stay noobin and keep falling for it

Welsh

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Quote from: swogerino on January 29, 2018, 04:58:20 PM

Eobot is one of the worst cloud mining together with Genesis Mining and some other cloud mining websites. You cannot ROI in both of the websites with their cloud mining services. In Eobot your earnings will be decreased everyday making your ROI impossible while in Genesis they will pay you at first, usually for a few months and then stop because of high maintenance fees and electricity cost. The only legit cloud mining is Hashnest as you have the option to sell your mining power but still to make ROI is impossible here too unless you are smart and good at trading your mining power.

They all end up scamming users. I wouldn't recommend anyone using these types of services unless you like to literally give away your money. They aren't profitable, and will likely end up hurting a lot of the users who were using the service.

swogerino

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Quote from: hixhops on January 29, 2018, 04:42:04 PM

eobot not bad version Roll Eyes

Eobot is one of the worst cloud mining together with Genesis Mining and some other cloud mining websites. You cannot ROI in both of the websites with their cloud mining services. In Eobot your earnings will be decreased everyday making your ROI impossible while in Genesis they will pay you at first, usually for a few months and then stop because of high maintenance fees and electricity cost. The only legit cloud mining is Hashnest as you have the option to sell your mining power but still to make ROI is impossible here too unless you are smart and good at trading your mining power.

hixhops

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eobot not bad version Roll Eyes

richardsNY

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Quote from: Tyrantt on January 29, 2018, 03:10:18 PM

Take care with cloud mining and don't invest more than you can afford to lose.

People shouldn't invest in cloud mining at all. If they simply refrain from doing that, there is also no need for anyone to lose money. All shills talking about this or that cloud mining site to be reliable and legit should be ashamed of themselves, because they are partly the reason of why newbies end up falling for this. In other words, OP, don't fall for it. Genesis mining according to a bunch of shills is the best cloud mining service available, and that while you don't like it, so don't bother looking further then. Keep the money/coins in your pocket and look for other investments....

Tyrantt

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Need some spare btc for a new PC

I see many people here talking about hashflare, antminecloud.com, EoBot. Tho, I wouldn't recommend to use cloud mining as a primary mean of income as it can all collapse tomorrow. Fees, maintenance, diff rising,etc.. is what lead cex.io to close it's gh/s selling. Take care with cloud mining and don't invest more than you can afford to lose.

MonkeyManofLife

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I got geneismining a year ago to mine me bitcoin and I don't really like it so far. If this is the best one then I guess I will deal with it but if I am to purchase cloud mining which cloud miner should I get?

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