Topic: bitcoin mining vs. bitcoin cloud mining (Read 2422 times)
The cloud mining is too expensive. The price of cloud mining also rises when the coin price rises.
You can focus on GPU mining, and try to mine Etherum, go to the Mining Altcoins section of this forum, you will not make much there too, but at least will put you into the mining world. Regarding cloudmining, the only websites in which you can make profit , are actually ponzis soon to fall so I suggest you to stay away from them. The legit ones you never make ROI with them so nothing to be made from cloud mining.
Yeah better to mine it With GPU high amd gpu and i think its profitable than cloud mining and most of them are ponzi.. I already use it in my one of my desktop using AMD gpu and i am earning just to on my nicehash already converted into bitcoin once you start mining using nicehash..
You can focus on GPU mining, and try to mine Etherum, go to the Mining Altcoins section of this forum, you will not make much there too, but at least will put you into the mining world. Regarding cloudmining, the only websites in which you can make profit , are actually ponzis soon to fall so I suggest you to stay away from them. The legit ones you never make ROI with them so nothing to be made from cloud mining.
Bitcoin mining is for the professionals now. The big mining firms domininate the process. We can only do GPU mining.
Can anyone here please tell me if bitcoin cloud mining is actually profitable
and are there any good companies out there to actually try?
and are there any good companies out there to actually try?
No mining profitable at this moment, cloud mining have biggest potential to scam , in 2014-2015 i'm invest at 5cloud mining and i lose more than 1btc , people says hashnest is the real cloud mining but im never think to invest at hashnest the profit is very very low.
It doesn't work. When they don't steal our money they give low profit. Some people like to get back investiment in some years... But it's better to do nothing with the money than invest on it, just my opinion.
Can anyone here please tell me if bitcoin cloud mining is actually profitable
and are there any good companies out there to actually try?
and are there any good companies out there to actually try?
No mining profitable at this moment, cloud mining have biggest potential to scam , in 2014-2015 i'm invest at 5cloud mining and i lose more than 1btc , people says hashnest is the real cloud mining but im never think to invest at hashnest the profit is very very low.
Mining is not profitable unless you have cheap electricity and a large farm. With cloud mining, most of the sites are ponzis so you're likely to lose all your money there after some time. You shouldn't invest anything in cloud mining.
Can anyone here please tell me if bitcoin cloud mining is actually profitable
and are there any good companies out there to actually try?
It can in fact be very profitable if you can buy hash rates cheap. If you buy 10Ths+ from www.cloudmining.website, it'd cost only 7 BTC. At current difficulty, u'd make that in ~7 months. Rest of the 5 months is pure profit. A screenshot below shows how a third party cloud mining monitor made ROI with www.cloudmining.website within ~114 days, when difficulty was far low...and are there any good companies out there to actually try?
Are you still posting this year old screenshot like it means anything? weird that they managed to stop monitoring them, I wonder if that has anything to do with all the threads on here that mentioned that your piece of shit scam site stopped paying.
Can anyone here please tell me if bitcoin cloud mining is actually profitable
and are there any good companies out there to actually try?
i had been invest at cloud mining site but was never ROI because they are run away with my money and the biggest problem with cloud mining is they are never can give users valid proof that they are real cloud mining and after that i had decided would never invest at cloud mining site anymore and also i think invest at cloud mining site is not profitable currentlyand are there any good companies out there to actually try?
Indeed 8 of 10 Cloud Mining scam but I think not all Cloud Mining scam there are some who still consistently pay like BBXMining.com
more than one year they still pay me every week For payment proof you can check it out here https://bbxmining.com/paymentproof.html since 24 March 2014 Price per Ghs 0.0015 BTC contract duration 2 years they have offices and real mining but not too big profit .
Well offering cloud mining without a chance to get ROI is scamming too.
In that regard you can say 10 out of 10 are scam sites.
Hashnest used to be profitable but even they fail to deliver these days. That's the main reason so less users are buying cloud minig these days.
Can anyone here please tell me if bitcoin cloud mining is actually profitable
and are there any good companies out there to actually try?
i had been invest at cloud mining site but was never ROI because they are run away with my money and the biggest problem with cloud mining is they are never can give users valid proof that they are real cloud mining and after that i had decided would never invest at cloud mining site anymore and also i think invest at cloud mining site is not profitable currentlyand are there any good companies out there to actually try?
Indeed 8 of 10 Cloud Mining scam but I think not all Cloud Mining scam there are some who still consistently pay like BBXMining.com
more than one year they still pay me every week For payment proof you can check it out here https://bbxmining.com/paymentproof.html since 24 March 2014 Price per Ghs 0.0015 BTC contract duration 2 years they have offices and real mining but not too big profit .
Can anyone here please tell me if bitcoin cloud mining is actually profitable
and are there any good companies out there to actually try?
i had been invest at cloud mining site but was never ROI because they are run away with my money and the biggest problem with cloud mining is they are never can give users valid proof that they are real cloud mining and after that i had decided would never invest at cloud mining site anymore and also i think invest at cloud mining site is not profitable currently and are there any good companies out there to actually try?
Can anyone here please tell me if bitcoin cloud mining is actually profitable
and are there any good companies out there to actually try?
It can in fact be very profitable if you can buy hash rates cheap. If you buy 10Ths+ from www.cloudmining.website, it'd cost only 7 BTC. At current difficulty, u'd make that in ~7 months. Rest of the 5 months is pure profit. A screenshot below shows how a third party cloud mining monitor made ROI with www.cloudmining.website within ~114 days, when difficulty was far low...and are there any good companies out there to actually try?
Can anyone here please tell me if bitcoin cloud mining is actually profitable
and are there any good companies out there to actually try?
and are there any good companies out there to actually try?
Let me tell you my experience about cloudmining
I mined with GAW/LTCGear > No profit/scam
I mined with Zeushash > No profit/scam
I mined with Genesis > No profit/scam
I mined with Hasnest> No profit
So no, I don't think there is profit to be made there.
solo mining is not profitable looking at current difficulty level.
You better look at the trust those cloud mining sites have before investing on their plan, as most of them will turn into scam ponzi in future.
I think it depends of your country or if you have a free electricity it can be profitable using ant miner s7 but you should hold your bitcoin until halving And i think this is the right time to mine because halving is nearly ended so that the value of the bitcoin will be double or more.. You better look at the trust those cloud mining sites have before investing on their plan, as most of them will turn into scam ponzi in future.
Base in my calculation(calculated via bitcoin profit calculator) using ant miner s7 you can still make 0.4-0.6 BTC monthly even its a little you can't earn it in any signature campaign and i'm sure the value of bitcoin will be double after halving ends..
solo mining is not profitable looking at current difficulty level.
You better look at the trust those cloud mining sites have before investing on their plan, as most of them will turn into scam ponzi in future.
You better look at the trust those cloud mining sites have before investing on their plan, as most of them will turn into scam ponzi in future.
The first is unprofitable, the second is scam 
With the difficult to mining increasing every time only mining farms can have a good profit. Alone you won't have much sucess.
With the difficult to mining increasing every time only mining farms can have a good profit. Alone you won't have much sucess.
Well,most of the cloud based mining companies are either ponzi's or fake.One of the most trusted cloud mine Ore-Mine which ran for a year and then dumped all its users.If they can do it,anybody can.I should not be recommended any websites since I'm not really sure if they can fail in the future.Point was to convey to not invest in cloud mining if you don't want to lose big.
Mining or cloudmining is very very risky...
the unknowity after halving held us in suspens...
it is why i have programmed a system about cloudmining...
if you are courageous...invest in it...
if you are suspicious...try it for free...
if you believe that it is scam...trust me negatively like other ones have done...(lol)
After the halving, if the difficulty is kept at today's level and the electricity price is $0.1/kWh, it is not profitable for S7.
you are right and i'm curious to see how long it will last till many people will give up mining.
Well,most of the cloud based mining companies are either ponzi's or fake.One of the most trusted cloud mine Ore-Mine which ran for a year and then dumped all its users.If they can do it,anybody can.I should not be recommended any websites since I'm not really sure if they can fail in the future.Point was to convey to not invest in cloud mining if you don't want to lose big.
Mining or cloudmining is very very risky...
the unknowity after halving held us in suspens...
it is why i have programmed a system about cloudmining...
if you are courageous...invest in it...
if you are suspicious...try it for free...
if you believe that it is scam...trust me negatively like other ones have done...(lol)
After the halving, if the difficulty is kept at today's level and the electricity price is $0.1/kWh, it is not profitable for S7.
Well,most of the cloud based mining companies are either ponzi's or fake.One of the most trusted cloud mine Ore-Mine which ran for a year and then dumped all its users.If they can do it,anybody can.I should not be recommended any websites since I'm not really sure if they can fail in the future.Point was to convey to not invest in cloud mining if you don't want to lose big.
Mining or cloudmining is very very risky...
the unknowity after halving held us in suspens...
it is why i have programmed a system about cloudmining...
if you are courageous...invest in it...
if you are suspicious...try it for free...
if you believe that it is scam...trust me negatively like other ones have done...(lol)
I have been into three cloud mining that actually are only ponzi scheme,if the company is not transparent and put emphasis on referrals rewards there is a big chance that it is a ponzi scheme based cloud mining,they should show and can show their data base address and their payout wallet..
Have you tried Hashnest. I think it is quite good in the past. But I am not sure if you invest now, you can still ROI. The difficulty is rising too fast.
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