Best site for cloud mining? | Bitcointalksearch.org

carlfebz2

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Quote from: fortunecrypto on June 08, 2019, 07:59:12 PM

Quote from: fankhan466 on June 06, 2019, 11:42:26 AM

Hello friends
Plz suggest me best cloud mining site ? now i have account at main miner @ 10$ plan, hash rate 1, and getting daily 0.26usd.
Any other site suggest me or this one is good? i want to reach mininum payout then go for big plan. Want to check this iste is legit or not ..
thx and regards

In the past, there were a lot of good cloud mining sites, that was when it's still profitable to mine Bitcoin but in the last two years all the cloud mining sites I've joined turned out to be scam or Ponzi scheme you're lucky if you'll get your investment back or the cloud mining site will last a year better look for an alternative like mining altcoins that has a good potential in the future..

There no much cloud mining sites that are legit even if we do go back in the past.I only know about Genesis mining and Hashflare are the ones who are legitimately
operating with having miners and the rest are just mimic these companies claiming that they have miners but they dont have it actually.
Even into those times,reaching roi is already hard how much more into these days?

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Quote from: fankhan466 on June 06, 2019, 11:42:26 AM

Hello friends
Plz suggest me best cloud mining site ? now i have account at main miner @ 10$ plan, hash rate 1, and getting daily 0.26usd.
Any other site suggest me or this one is good? i want to reach mininum payout then go for big plan. Want to check this iste is legit or not ..
thx and regards

I think you don't ever to try cloud mining site. Because some of them, maybe all of them is only ponzi scheme. Maybe to invest you can learn trading, because trading can start with low amount of capital too.

fortunecrypto

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Quote from: fankhan466 on June 06, 2019, 11:42:26 AM

Hello friends
Plz suggest me best cloud mining site ? now i have account at main miner @ 10$ plan, hash rate 1, and getting daily 0.26usd.
Any other site suggest me or this one is good? i want to reach mininum payout then go for big plan. Want to check this iste is legit or not ..
thx and regards

In the past, there were a lot of good cloud mining sites, that was when it's still profitable to mine Bitcoin but in the last two years all the cloud mining sites I've joined turned out to be scam or Ponzi scheme you're lucky if you'll get your investment back or the cloud mining site will last a year better look for an alternative like mining altcoins that has a good potential in the future..

shield132

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At first think about this: You can buy miner and start mining. Is it profitable? Yes, especially when you have cheap electricity. Now think: Why will someonr buy miner and mine for you if person has cheap electricity? Would you print money for other while you can use that printed money? You only would do this if your money is fakr and want to get real one. So in cloud mining, they offer you to buy plan and in reality they it's what they do: They have equipment, start mining and charge you some fees too. They get great additional money for you, let you get profit from mining for a while, then mining gets unprofitable for you (but not for them), they cancel contract and whuola, your money is lost and if you are lucky, you get 50% of invested money back.
So forget cloud mining. Have no idea why is it difficult for people to think a little bit logically.

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Quote from: anume123 on June 08, 2019, 02:08:12 AM

Quote from: NotFuzzyWarm on June 06, 2019, 12:22:18 PM

NO cloudmining site is good because the vast majority, if not all, of them end up being Ponzi schemes. The only trustworthy way to mine is with your own hardware.

I think so. You are also correct because no people those mining sites are legit until now. Because people will complain if you gonna promote scam mining sites here also.

There are some in the past but now no legit cloud mining working at the moment.Its basically like a ponzi so you may get some profits initially but later you are not going to make anything but surprising still many people asking about which is the best cloud mining site.

anume123

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Quote from: NotFuzzyWarm on June 06, 2019, 12:22:18 PM

NO cloudmining site is good because the vast majority, if not all, of them end up being Ponzi schemes. The only trustworthy way to mine is with your own hardware.

I think so. You are also correct because no people those mining sites are legit until now. Because people will complain if you gonna promote scam mining sites here also.

dunfida

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Quote from: fankhan466 on June 06, 2019, 02:50:24 PM

Ok bro, thanks for reply
I am new on Bitcoin, How can i make my own mining setup ? i have free electricity ( Solar System ) i think its a plus point for me

If you are completely Newbie on Bitcoin then its worthy to read up this board https://bitcointalk.org/index.php?board=39.0 good for beginners.
You do seek on how to set-up mining but i believe that there are people already given out the precise links.

Dont ever consider cloud mining with your investment yet its never been profitable and most or majority of them are typical scams.So stay away with these things.

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Quote from: vincl on June 07, 2019, 05:18:07 AM

the only well-known non-ponzi cloudmining sites are hashnest, bitdeer and genesis-mining.

profitable? do your own research and make calculations.

Genesis mining is one of the oldest cloud mining that is still running until now, and I think many people can get profit with them. But I am not sure that if he can make the profit too like the others because he needs a long time to reach ROI and I don't think that he can wait for that time. It is better to mining with your own hardware in your house so you can get all of the rewards, but you need to think about the electricity fee that you need to pay every month.

Adriano2010

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On cloud mining site you will not get ROI and is not profitable, better try to invest directly on coins or try do another thing to get some money/crypto coins, try do some job for try find some way to get paid on crypto.

CryptoBry

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Quote from: vincl on June 07, 2019, 05:18:07 AM

the only well-known non-ponzi cloudmining sites are hashnest, bitdeer and genesis-mining.

profitable? do your own research and make calculations.

I read an article which include genesis-mining as one of the most viable and non-scam programs though I have not really explored such an opportunity. Good thing that you mentioned it here. As pointed out honestly, not being scam is different from being profitable so we need be cautious despite some glowing reviews. Here is the article that I am referring to:
https://www.buybitcoinworldwide.com/mining/genesis-mining-review/

vincl

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the only well-known non-ponzi cloudmining sites are hashnest, bitdeer and genesis-mining.

profitable? do your own research and make calculations.

Astvile

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I can suggest you nothing because there are no best or even real trusted cloudming website out there all of them will turn to a scam for sure in a month or so,stay away from all cloudming all of them are shits im telling you.Dont ever invest on cloudmining

NeuroticFish

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You could start by reading here some logical discussion: https://bitcointalksearch.org/topic/mining-in-the-cloud-vs-simply-buying-bitcoin-5144404
Basically a huge percent of companies claiming to do cloud mining are pure Ponzi scams.
The few remaining legit ones simply cannot yield meaningful profit (in the case they yield profit at all).

The obvious conclusion is to not do cloud mining.
Alternatives:
1. invest and hold for a couple of years (especially Bitcoin; jump to altcoins only to diversify if you have a solid portfolio)
2. mine with proper mining equipment (ASIC)*
3. mine altcoins and sell for Bitcoin*

* points 2 and 3 may also have profitability issues depending on the cost of electricity, the hardware you use and (in case of altcoins) the algorithm/coin you choose to mine

CryptoBry

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Quote from: fankhan466 on June 06, 2019, 11:42:26 AM

Hello friends plz suggest me best cloud mining site ? now i have account at main miner @ 10$ plan, hash rate 1, and getting daily 0.26usd.
Any other site suggest me or this one is good? i want to reach mininum payout then go for big plan. Want to check this iste is legit or not ..
thx and regards

I will not be recommending you any cloud mining program because 99.99% of them are scams or will be scams soon when the greed wallet of their operators can reach the full capacity. Please be careful in dealing with them and if you ever invest any money then make sure to get your capital as soon as possible. Take a look at this article why this is so:

https://99bitcoins.com/bitcoin-mining/cloud-mining/

Quote from: fankhan466 on June 06, 2019, 02:50:24 PM

Ok bro, thanks for reply I am new on Bitcoin, How can i make my own mining setup ? i have free electricity ( Solar System ) i think its a plus point for me

You better buy a bitcoin mining equipment which can surely be profitable for you since you have the supply of solar-produced electricity. Here is a good guide for you:

https://blog.hubspot.com/marketing/bitcoin-mining-hardware

Man, good luck with your endeavor and please update us for any development.

quicksilv3r

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none, the best thing you can do ATM, is buy GPUs or asic's and mine @ nicehash or honeyminer!

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Quote from: fankhan466 on June 06, 2019, 02:50:24 PM

Ok bro, thanks for reply
I am new on Bitcoin, How can i make my own mining setup ? i have free electricity ( Solar System ) i think its a plus point for me

You can make more profit with free electricity source and that's a good decision to start building your own small mining farm.

Anyway, if you are looking for guides and reviews I suggest you check these two forum users below

- HagssFIN
- dogie

Under their signature, you can see all reviews and guides to any ASIC Miner it will help you to learn how to setup a miner.

NotFuzzyWarm

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For a start read 1st time/small miner guide here
For hardware read List of current competitive hardware here
Also be aware that not all crypto coins are Bitcoin. Only Bitcoin is Bitcoin, this area of the Forum is only for Bitcoin. All other coins are called alts and have their own areas here

fankhan466

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Ok bro, thanks for reply
I am new on Bitcoin, How can i make my own mining setup ? i have free electricity ( Solar System ) i think its a plus point for me

NotFuzzyWarm

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Evil beware: We have waffles!

NO cloudmining site is good because the vast majority, if not all, of them end up being Ponzi schemes. The only trustworthy way to mine is with your own hardware.

fankhan466

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Merit: 0

Hello friends
Plz suggest me best cloud mining site ? now i have account at main miner @ 10$ plan, hash rate 1, and getting daily 0.26usd.
Any other site suggest me or this one is good? i want to reach mininum payout then go for big plan. Want to check this iste is legit or not ..
thx and regards

Topic: Best site for cloud mining? (Read 306 times)