That url is down FYI(at the time of this post). I can't tell you because of that.
No It wasn't, I got through. You ust have a terrible connection to that site as I needed to get a connection in order to get the right link.
I only stumbled accross this a while back but BW do cloud mining.
Is it profitable/trustworthy to use and has anyone got a profit. I know people tend to say that mining with the fixed returns idea is bad but they ofer it on that site so I just thought I'd check it here first for it's reputation.
bw urlIn my experience since I use bitcoin, I guess there's no cloudmining site that is trustworthy enough, even the HO as what people says that is trusted enough but it scammed over 700,000 users of it. So how can people trust again to that kind of site. And btw that site says
"This site can’t be reached"
"bw.com’s server DNS address could not be found."
it is down right now.
There are only 2 legit cloud miners, that I know off; BW is one of them, Hashnest is the other one. As for the rest, there are many degrees on 'legitimacy'; a nice thread regarding can be found here:
https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387Is it profitable?
Frankly, that's a difficult factor. Since the ASICs, everything is only that much profitable until the next version comes out or the difficulty has risen thus far in the meantime. As for now, BW is only 1 out of 2 worldwide companies that uses the latest < 20nm chips (BW uses 14nm, Hashnest uses custom 16nm). So as for technology goes, yes, currently they are profitable. But for how long, that is an answer nobody knows (like next innovation, difficulty rise, BTC price).
Is BW trustworthy?
Well, that depends on what you would define "trustworthy". If it means that they pay their customers and such, the answer is yes. If it means something in the spirit of the Bitcoin idea (decentralized), my personal view would be no: Unlike Hashnest, BW doesn't distribute its technology.
But anyway, BW is legit. They are not a ponzi like hashocean or something, or a 'limited' legit company like CEX.io (3rd party hardware). If you want to invest with them, then yes, that is safe to do. If it would bring you profit, that is something else
I believe that miningsweden.se was quite a good one (though, they're always sold out recently).
Hashocean was already odd. It was looked it wasn't going to last. The were paying me 0.005
BTC/two weeks when mining with them. That didn't seem reasonable. Though, in someways they didn't and still don't seem like a scam.
I only stumbled accross this a while back but BW do cloud mining.
Is it profitable/trustworthy to use and has anyone got a profit. I know people tend to say that mining with the fixed returns idea is bad but they ofer it on that site so I just thought I'd check it here first for it's reputation.
[u r l=http://bw.com]bw url[/url]
new cloudmining sites are always created with new names, and start scamming people over and over. and as long as people are desperate for making a profit they will continue doing this.
so unless you could see the mining equipment with your own eyes it is a Ponzi and you should stay away.
and even if you saw the equipment it still doesn't mean cloudmining is profitable.
Do you know nothing about them?
I'll help, go to blockchain.info/pools and see that BW makes up qute a large amount of the network with Bitfury and antpool.
