Best Paying and Legit Mining Sites. anyone? - page 2.

carlisle1

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Quote from: drwtsn32 on August 18, 2016, 06:47:28 AM

I'm afraid no one can give you a solid answer about which are legit and which are not.
Many online mining sites are becoming scam lately.

well that's the reason why there are no one can give him a solid answer because there are no legit mining sites i guess . many are becoming a scams like what you have said . better to not suggest him too much websites of investments he's looking for a legit mining sites meaning that he don't want to risk and waste his bitcoin on a shit ponzi .

amacar2

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No there is no any legit cloud mining sites and if there are any which is mining in real for you is not profitable with the current price of bitcoin and the price they have. You better don't invest in cloud mining as you will not be able to earn what you invested back even in a year. Stay away from cloud mining sites.

Ayers

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why don't you buy your own mining equipment? gpu mining is very safe there is no real risk, you can resale quickly, and profit is better than bitcoin asic mining, there are many profitable coin, and you cna mine with just a single gpu no need to spend thousand of dollar like in bitcoin

BitcoinNewsMagazine

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Quote from: trickshot22 on August 19, 2016, 10:51:52 AM

Quote from: eternalgloom on August 18, 2016, 09:39:02 AM

I'm still using Genesis-mining and they're not a scam an have already made a profit with them.
But my earnings have been much lower after the reward halving.

yeah, genesis mining seems to be really legit at the moment, it is around for a while and it is still paying the people

Genesis Mining like any other company is in business to make money for themselves. They have just designed their products so that customers get a very small piece of the pie. After all their negative press I am still amazed they are able to attract new customers. The thread by Glucose previously mentioned should be read before buying anything from Genesis Mining.

I don't think you will ROI on any hosted mining investment you buy now. That might change if Hashnest starts selling S9 hash on Hashnest and bitcoin price goes up considerably. BW.com is not user friendly for anyone who does not read Mandarin but I have managed to use them with help of Google Translate since the English option on the site is not that good.

If you just have to mine buy an S9 and do it yourself as long as you can handle the noise, heat and power requirements. There are also companies that will host your S9 for you.

Doamader

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Quote from: BitcoinNewsMagazine on August 18, 2016, 09:37:44 AM

Quote from: dearbesz1219 on August 18, 2016, 02:11:45 AM

Quote from: BitcoinNewsMagazine on August 18, 2016, 12:38:06 AM

Quote from: MyPain on August 17, 2016, 11:52:25 PM

Anyone? That can share Mining Sites that are LEGIT, WORKING and PAYING 101%..
Most of mining sites nowadays turn to SCAM in months or a year.. The money invested cannot be refunded. Thank you for sharing your knowledge..

Hashnest and BW.com both have internal markets where you can buy and sell hashing power. The better S9 has not made it to Hashnest yet.

Have you ever tried to invest in hashnet.com? and what do you mean by S9 is better but has not made it to hashnest yet? Could you exactly explain it to me, I asked it because I never try hashnest to invest in. Mostly I tried in Bitminister.com so far so good in my experience now.

Have used Hashnest often in past. The most profitable miner Bitmain sells is S9 but they are not selling hash for it on Hashnest yet, only S7. The main advantage of buying mining hashpower at Hashnest is the market. You can sell anytime you like, you are not locked in.

But does those cloud still allow you to roi? As i know those clouds usually make the roi time to be over 1 year and now they are mooving to 2 years to roi, the thing is invest into cloud is similiar to throw away money, atleast this is my results.

densuj

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In my opinion cloud mining are just for pasive income because it will need much time for return of Investment and it is high risk too. But if you wanna try making Investment on there, you can try hashnest because this service has support of hardware miners from bitmain. And don't forget make Investment with you can lost it.

trickshot22

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Quote from: eternalgloom on August 18, 2016, 09:39:02 AM

I'm still using Genesis-mining and they're not a scam an have already made a profit with them.
But my earnings have been much lower after the reward halving.

yeah, genesis mining seems to be really legit at the moment, it is around for a while and it is still paying the people

TastyChillySauce00

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Quote from: MyPain on August 18, 2016, 08:19:23 PM

And the sad part is, there is no way for the authorities to stop those scammers. And i think if authorities will give a concern about btc world, mining or online gambling, it will be the end.. I will do more research about mining, but, as what i had experienced, cant helped and cant be trusted.

scammers can't be stopped,once some scammers stopped,there will be popping up another scammer,but decreasing them is possible by having law against any scamming activities,but unfortunately it's online world which almost everyone having the freedom as long they still remain anonymous,

MTBTT

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Quote from: eternalgloom on August 18, 2016, 09:39:02 AM

I'm still using Genesis-mining and they're not a scam an have already made a profit with them.
But my earnings have been much lower after the reward halving.

yeah genesis-mining consistent pay and I think they will be far from a scam because they really do mining. they also often do a contest. you can see their facebook fanspage

mishra1994u

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I think genesis mining and hashnest mining sites are running since a pretty long time and survived the price increasse and halving also.So these are the two options for you.But it still say i do not trust them or any of the other cloud mining sites 100%.Specially after i saw hashocean scammed and ran away with users bitcoins so its pretty hard to trust any of these mining sites.

JeffBrad12

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Quote from: BitcoinNewsMagazine on August 18, 2016, 11:57:51 AM

Quote from: eternalgloom on August 18, 2016, 09:39:02 AM

I'm still using Genesis-mining and they're not a scam an have already made a profit with them.
But my earnings have been much lower after the reward halving.

They are not a scam but not a good deal either, and once you buy you are stuck with your hash, there is no market to sell it. Genesis Mining is in business to make money for itself and gives a little bit to customers.

I always seeing the people is having trouble with genesis mining , a lot of people is saying about their bad experience with genesis mining like this.

https://bitcointalksearch.org/topic/scam-alert-do-not-invest-in-genesis-mining-1185909

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legendary

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Quote from: Kprawn on August 18, 2016, 02:55:18 PM

I have yet to see ONE cloud mining site, where people reach ROI in the late stage of it's business cycle. The business model behind this, is pure Ponzi/HYIP funding and this is not in any way even close

to sustainable. The early investors take all the money, and the last people end up being bag holders. The quicker people see that NO cloud mining site can be sustainable, the quicker we can all start

concentrating on legit ways of making money. Do not be fooled by this scam. Roll Eyes

Just one year ago the situation with profitability of legitimate hosted mining was very different. I was able to make 15% monthly with Hashnest and explained how in how to profit with Bitmain Hashnest.

Antminer S3, S4 and S5 were all taking about 30 weeks to ROI. Of course times have changed with difficulty increases and the block halving. I have no investments in hosted mining at Hashnest now because Hashnest is not selling hash for its most profitable miner, the S9 yet. When S9 opens up on Hashnest I will take a small position so I can report on profitability.

BW.com is an alternate to Hashnest. Back in October last year I bought one TH of B11 14 nm hashing for .78 bitcoin ($226 at the time) and have received .57 bitcoin in mining income worth $325 now so I have made a 44% profit on the investment in dollars. Hashnest and BW have very large mining farms and are not Ponzis.

pandalion98

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Quote from: Achargeturry78 on August 18, 2016, 09:05:46 PM

Quote from: MyPain on August 17, 2016, 11:52:25 PM

Anyone? That can share Mining Sites that are LEGIT, WORKING and PAYING 101%..
Most of mining sites nowadays turn to SCAM in months or a year.. The money invested cannot be refunded. Thank you for sharing your knowledge..

Bro you can use your browser to search on google what is the best ang legit at the moment because some of website are always turning into scam that fast , after they complete all the investors invest their money if you are going to invest of course you always taking the risk because you always risking your bitcoin/money on that website Cheesy

No, I don't recommend searching in any search engine. Scammers can simply raise their SEO rating and overtake legit mining companies.

With that said, I recommend asking around in forums, like this one. Try prioritising high-ranked or well known members' opinions first since inexperienced users are more susceptible to scams and fall for them easier (e.g. HashOcean).

Achargeturry78

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Quote from: MyPain on August 17, 2016, 11:52:25 PM

Anyone? That can share Mining Sites that are LEGIT, WORKING and PAYING 101%..
Most of mining sites nowadays turn to SCAM in months or a year.. The money invested cannot be refunded. Thank you for sharing your knowledge..

Bro you can use your browser to search on google what is the best ang legit at the moment because some of website are always turning into scam that fast , after they complete all the investors invest their money if you are going to invest of course you always taking the risk because you always risking your bitcoin/money on that website Cheesy

Indrawan77

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If the one that ypu are talking is cloud mining,I would recommend you to stay away, eventhough you are tempted by the passive income which is only invest then do nothing with high return profit, most of the cloud mining is scam, dont fall into your greed

MyPain

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And the sad part is, there is no way for the authorities to stop those scammers. And i think if authorities will give a concern about btc world, mining or online gambling, it will be the end.. I will do more research about mining, but, as what i had experienced, cant helped and cant be trusted.

Kprawn

legendary

Activity: 1904

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I have yet to see ONE cloud mining site, where people reach ROI in the late stage of it's business cycle. The business model behind this, is pure Ponzi/HYIP funding and this is not in any way even close

to sustainable. The early investors take all the money, and the last people end up being bag holders. The quicker people see that NO cloud mining site can be sustainable, the quicker we can all start

concentrating on legit ways of making money. Do not be fooled by this scam. Roll Eyes

useless4

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Quote from: eternalgloom on August 18, 2016, 09:39:02 AM

I'm still using Genesis-mining and they're not a scam an have already made a profit with them.
But my earnings have been much lower after the reward halving.

yeah, it seems that it is not a scam right now, in my opinion it is not going to stop paying as i have a small investment in it at the moment

johnnyyash

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Like they..be wise so you might not get scam. They are so many mining site that proves to be true..some are scam why some are real...and if you found any don't put much cash into it...so you will not loose...

BitcoinNewsMagazine

legendary

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Quote from: MyPain on August 18, 2016, 11:01:57 AM

In general, mining / cloud sites are cannot be trusted because, most of them turned to scam. Hmm.. I would never invest anymore in mining.. A victim of hashocean here and it gave me sleepless nights thinking of my money.. It also gives me trauma.. Thats why, i posted here just to know if theres someone who still trust cloud / mining sites..

Do your research. If you had a few GPU cards mining Ether last year you could have done well mining at home.

Topic: Best Paying and Legit Mining Sites. anyone? - page 2. (Read 3865 times)