Best safe cloud mining site | Bitcointalksearch.org

dansus021

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Quote from: sunsilk on March 03, 2024, 01:28:43 PM

There are individuals too that have been mining from their homes. It's just the matter of having the capital and willingness to do. If it's doable in their area, it's probably because they have cheaper electricity.

There is a individual mining but mining machine or ASIC is getting expensive day by day, especially with Scrypto or SHA256 Algorithm. according to what to mine https://whattomine.com/asics it still need 6K USD to buy a single mining machine with daily earn of 20$ with bullish like this.

So it is need a capital and yes a cheaper electricity aswell

sunsilk

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Quote from: dansus021 on March 03, 2024, 03:47:57 AM

Quote from: sunsilk on February 25, 2024, 06:34:55 PM

Maybe from the bots and that's why they're always sold as they're the quickest one to purchase them.

Or maybe Binance thing Cloud mining is not a thing again and not make binance profit in the long run

Probably.

Quote from: dansus021 on March 03, 2024, 03:47:57 AM

Quote from: sunsilk on February 25, 2024, 06:34:55 PM

I agree, still best to accumulate and avoid your interest with these cloud mining site. And with your desire to find one, you might even fall for a trap.

Scam sites is never going to end so stay safe everyone

True, they are there to exist and no matter how many times they've been figured out and exposed. They're like mushrooms that they should grow everywhere and will come out eventually.

Quote from: dansus021 on March 03, 2024, 03:47:57 AM

Quote from: sunsilk on February 25, 2024, 06:34:55 PM

Having an equipment or ASIC is the real thing in mining and that requires huge capital.

I know right today bitcoin miner had ton of of equipment and most of the miner is a company like genesis mining or Digital Group simply if we want to make profit from mining we need a huge capital

There are individuals too that have been mining from their homes. It's just the matter of having the capital and willingness to do. If it's doable in their area, it's probably because they have cheaper electricity.

dansus021

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Quote from: sunsilk on February 25, 2024, 06:34:55 PM

Maybe from the bots and that's why they're always sold as they're the quickest one to purchase them.

Or maybe Binance thing Cloud mining is not a thing again and not make binance profit in the long run

Quote from: sunsilk on February 25, 2024, 06:34:55 PM

I agree, still best to accumulate and avoid your interest with these cloud mining site. And with your desire to find one, you might even fall for a trap.

Scam sites is never going to end so stay safe everyone

Quote from: sunsilk on February 25, 2024, 06:34:55 PM

Having an equipment or ASIC is the real thing in mining and that requires huge capital.

I know right today bitcoin miner had ton of of equipment and most of the miner is a company like genesis mining or Digital Group simply if we want to make profit from mining we need a huge capital

batang_bitcoin

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Quote from: jrrsparkles on February 29, 2024, 11:08:31 AM

Whenever I see the word cloud mining then the term SCAM is what comes to mind immediately with no further thoughts because that's how it has been in all the cases. So if you find a random ad that says make good returns with cloud mining scheme then just skip it at no cost. Don't even think let's try a small investment and how it goes.

True. Most of them are scams and I am glad that the majority of us here have opened their minds about it long time ago. Because there was also a time that it became a trend as if it's a legitimate way to earn crypto/Bitcoin. But then, it was debunked and figured out that there's no real mining facility from these companies and they literally are mining out of thin air, yeah in the clouds means nothing is real with their mining operations. All were numbers and projects and data but there's no actual mining facility that's happening in some parts of the world that they're telling they've got a farm.

avp2306

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Quote from: jrrsparkles on February 29, 2024, 11:08:31 AM

Whenever I see the word cloud mining then the term SCAM is what comes to mind immediately with no further thoughts because that's how it has been in all the cases. So if you find a random ad that says make good returns with cloud mining scheme then just skip it at no cost. Don't even think let's try a small investment and how it goes.

Because this is what usually happened there. The word cloud mining is so used by scammers that's why its not surprising at all that experience people will immediately call that platform as scam since for so many like that operating all of them seize the funds of their investors so for new people thinking about investing on this much better if they avoid and just do more research then find most reliable platform then find more realistic way on how to gain bitcoins.

Some maybe like the idea about just putting money and gain without doing anything but people need to realize that its risky if they believe on unregistered or not government regulated platform offering this especially if they promise high returns since most likely it is a scam.

jrrsparkles

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Whenever I see the word cloud mining then the term SCAM is what comes to mind immediately with no further thoughts because that's how it has been in all the cases. So if you find a random ad that says make good returns with cloud mining scheme then just skip it at no cost. Don't even think let's try a small investment and how it goes.

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Quote from: majidlovio on February 02, 2024, 11:46:24 AM

Hello friends
What is best safe cloud mining site?

cloud mining site only scamer. no one opens a real mining cloud. except on the exchanger website to add your money to get profit can be through stake.
But if a special cloud mining website that opens investment, there is no real mining, sooner or later if the owner has collected a lot of money, it will definitely be a scam and your money will be lost.
definitely nothing is safe

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Quote from: majidlovio on February 02, 2024, 11:46:24 AM

Hello friends
What is best safe cloud mining site?

Not sure though but I read cloud mining in Binance app before so probably theres really something that works. But Im not gonna advise you to join on that maybe Depin projects that works like cloud mining would be more ideal on mobile.

But if you say cloud mining its a fact that mere people believed that its a scam so dont bother.

sunsilk

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Quote from: dansus021 on February 16, 2024, 07:44:21 AM

Quote from: sunsilk on February 08, 2024, 03:10:59 AM

This is what you mean: https://pool.binance.com/en/cloud

I've just checked it and it's always sold out. And it's the same with the other cloud mining if ever there's a legit one. The rest, they're all fake and likely scams.
Much better to buy Bitcoin and DCA with it. But there are folks that think that this is passive and not going to give them much profit, they're wrong if that's what they think.

It's simple yet the most profitable by just doing nothing.

Yeah I don't know it always sold out maybe they they didn't have enough machine or the ASIC manufacturer had a huge backlog

Maybe from the bots and that's why they're always sold as they're the quickest one to purchase them.

Quote from: dansus021 on February 16, 2024, 07:44:21 AM

But Yes like I have said earlier that nowadays it worth to buy bitcoin with dollar cost averaging or make scalping while the market is at the bull market like this rather than buy asic miner or invest in cloud mining site.

I agree, still best to accumulate and avoid your interest with these cloud mining site. And with your desire to find one, you might even fall for a trap.

Quote from: dansus021 on February 16, 2024, 07:44:21 AM

beside that mining nowadays is hard for home miner like us if you want make a huge profitable we need a mining farm

Having an equipment or ASIC is the real thing in mining and that requires huge capital.

dansus021

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Quote from: sunsilk on February 08, 2024, 03:10:59 AM

This is what you mean: https://pool.binance.com/en/cloud

I've just checked it and it's always sold out. And it's the same with the other cloud mining if ever there's a legit one. The rest, they're all fake and likely scams.
Much better to buy Bitcoin and DCA with it. But there are folks that think that this is passive and not going to give them much profit, they're wrong if that's what they think.

It's simple yet the most profitable by just doing nothing.

Yeah I don't know it always sold out maybe they they didn't have enough machine or the ASIC manufacturer had a huge backlog

But Yes like I have said earlier that nowadays it worth to buy bitcoin with dollar cost averaging or make scalping while the market is at the bull market like this rather than buy asic miner or invest in cloud mining site.

beside that mining nowadays is hard for home miner like us if you want make a huge profitable we need a mining farm

Kavelj22

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I think it is worth noting on the subject of cloud mining that 99 percent of the companies operating in it are scammy projects, and if it were profitable in the way you imagine it to be, it would be very widespread now, especially since the concept has been around for years.
On the other hand, and to confirm that they are essentially fraudulent projects, what prompts a person or company to rent mining machines and distribute the profits to the contributors if it can keep all the profits for itself? Then, if cloud mining is profitable, what, in your opinion, prompts investors to waste huge sums of money on mining machines and their maintenance, if they will obtain a profit from cloud mining only by purchasing strong hash power, or what does not prompt them to rent out their mining-stuff in the same way that cloud mining workers do?

Check out the Scam Accusations section and you will enjoy many topics that reveal the scams of many cloud mining companies.

sunsilk

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Quote from: dansus021 on February 03, 2024, 09:11:54 PM

I hear that Binance has cloud mining platform but they APY is real low

This is what you mean: https://pool.binance.com/en/cloud

I've just checked it and it's always sold out. And it's the same with the other cloud mining if ever there's a legit one. The rest, they're all fake and likely scams.

Quote from: dansus021 on February 03, 2024, 09:11:54 PM

and to be honest is still profitable if you staking your coin into an node like etherum , matic or solana that can give you decent 7% APY than running a cloud mining or just BUY bitcoin with DCA

Much better to buy Bitcoin and DCA with it. But there are folks that think that this is passive and not going to give them much profit, they're wrong if that's what they think.

It's simple yet the most profitable by just doing nothing.

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Quote from: majidlovio on February 02, 2024, 11:46:24 AM

Hello friends
What is best safe cloud mining site?

You better spend that money on something else rather than lose it to cloud mining. Almost 99% of them are scam and even if there was a legitimate one, you are not going to get back what is promised.
If you feel you want to invest your money, just by top market cap coins, store them in an external noncustodial safe wallet, sit down and wait.

dansus021

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Quote from: majidlovio on February 02, 2024, 11:46:24 AM

Hello friends
What is best safe cloud mining site?

There is none even tho there is one that have legit cloud mining site it usually doesn't give you a high profitability.

I hear that Binance has cloud mining platform but they APY is real low and to be honest is still profitable if you staking your coin into an node like etherum , matic or solana that can give you decent 7% APY than running a cloud mining or just BUY bitcoin with DCA

MFahad

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Quote from: majidlovio on February 02, 2024, 11:46:24 AM

Hello friends
What is best safe cloud mining site?

I heard that cloud mining was a thing back in 2015 and 2016. even that time most cloud mining sites are scams. those scam websites ruined reputation of cloud mining business that today you'll hardly find any cloud mining site exist.
At least I don't know about any good cloud mining site. but I just did a Google Search and found this lis:
https://coingape.com/best-cloud-mining-platforms/
take a look. this might be helpful for you. and be careful with these kind of things.

batang_bitcoin

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Quote from: majidlovio on February 02, 2024, 11:46:24 AM

Hello friends
What is best safe cloud mining site?

None.
Most of them are scams so you better not get interested to any of them. But if you like to get likely scammed by them then we've told you what some warnings already. If you want to get into mining, buy a real basic miner if you're for bitcoin and GPU for altcoins or the other peripherals and equipment for the other algos. Otherwise, just buy bitcoin and hold it or the altcoin that you want to have.

Stalker22

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Quote from: majidlovio on February 02, 2024, 11:46:24 AM

Hello friends
What is best safe cloud mining site?

I really doubt any cloud mining platforms can be successful nowadays. Its probably all a big scam or Ponzi scheme. You cannot take shortcuts if you want to seriously mine bitcoin and you need real equipment. Folks buying up ASIC miners are not fools. If cloud mining was legit, why would anyone bother buying their own hardware?

Im just skeptical of any promises of easy money or free lunches when it comes to crypto. Maybe Im too cynical, but it often seems like people's greed blinds them to obvious red flags. They get drawn in by fantasies of effortless wealth.

Some cloud platforms may prove me wrong someday. For now though, if it seems too good to be true, it probably is.

miner29

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Cloud mining is always a scam or a money loser or both.

That is all.

Lafu

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Quote from: majidlovio on February 02, 2024, 11:46:24 AM

Hello friends
What is best safe cloud mining site?

I havnt used any cloud mining site i guess the last 6 or more years , only once used Genesis Mining but i dont recommend them or any other site.
The only one that makes profit out there are the Mining Sites and not you , if you buy the coin and hold it would the best for you in my opinion.
On the long term you will driving better to invest in the coin you want to mine , or buy a miner and do it yourself , but this is only profitable if you have free electricity.

majidlovio

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Hello friends
What is best safe cloud mining site?

Topic: Best safe cloud mining site (Read 292 times)