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Topic: Cloud Mining (Read 5795 times)

member
Activity: 159
Merit: 11
World Mobile Coin
April 21, 2017, 01:48:51 AM
#83
Nearly all cloud mining services are scams. If you participate in cloud mining, there is a very high likelihood that you will be scammed.

You are correct. Have experience with a few cloud mining. At the end they will terminated your account and will not respond to your question. Can say most of them are scam.  Angry
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
April 20, 2017, 11:38:46 AM
#82
I'll tell you from my personal experience with cloud mining since I like to experiment with those.

I've invested in CEX.io a few years back and I've actually got ROI and a pretty solid one, but that was some time ago when cloud mining could be profitable and I don't think cex.io hosts cloud mining anymore but I've pulled out my investments before the fees went through the roof. I've also tested a few minor ones and the only one that I've got profit from was hashprofit (not really sure tho) but all other have huge fees and needed bigger amounts to be invested to profit.

Today, I doubt that you have some good and profitable cloud mining services since btc diff is high and and requires a lot more fees to be taken in order to maintain those mining costs, so my suggestion is to stay away from bitcoin cloud mining services. Maybe if there are some alt-coin mining services but otherwise, no.
hero member
Activity: 1008
Merit: 531
April 19, 2017, 10:49:31 AM
#81
Hi Everyone.

I have seen many advertisements about Cloud Mining. Do you think it is worth to use cloud cining or are they trustable ?



In my point, it's not worth investing to the cloud mining. it's nearly 99% ponzi scheme otherwise you can not collect all funds invested to the cloud mining and I never invest money to the cloud mining as well.

The people making these ponzis spend bery little buying a Ponzi script maybe $100 and they don't need to validate anything including owning the miners. This is a mistake for any investor. Don't believe just anyone claiming the have miners let them show you the pool the mining and the hashratr they generating. If they can't produce then you can be certain it is a scam. Keep those Bitcoin safe guys.
I have a friend which is very concerned about the bitcoin situation, because we still have massive amoounts of scammers across the whole network, especially in different kind of forums and services, where you are able to speak with another users.
I totally agree with him, because in my opinion it is a cancer for cryptocurrency world, it doesnt encourages other people (outside our business) to join the ride, because they might be scared of getting scammed.

Doing ponzi scam is something extremely easy, you basically dont need any amount to start with, except the money for domain.
I have seen so many sites that are soo easy to unmask, and people are still depositing in there, because of the greed! It makes people earn on the newbies here, without any kind of an investment.
full member
Activity: 332
Merit: 103
April 18, 2017, 05:02:13 PM
#80
Hi Everyone.

I have seen many advertisements about Cloud Mining. Do you think it is worth to use cloud cining or are they trustable ?



In my point, it's not worth investing to the cloud mining. it's nearly 99% ponzi scheme otherwise you can not collect all funds invested to the cloud mining and I never invest money to the cloud mining as well.

The people making these ponzis spend bery little buying a Ponzi script maybe $100 and they don't need to validate anything including owning the miners. This is a mistake for any investor. Don't believe just anyone claiming the have miners let them show you the pool the mining and the hashratr they generating. If they can't produce then you can be certain it is a scam. Keep those Bitcoin safe guys.
newbie
Activity: 3
Merit: 0
April 08, 2017, 07:58:02 PM
#79
Bitcoin is still growing and everything with bitcoin is growing.. so some companies make it some don't.. keep trying

go to slikmov.com tons of sites that pay with much else headaches. you could find every thing you need t get started.
 i gotten paid well
see try it out. less headaches, simple you could have your first satoshi in minutes.. Satoshi is a smaller amount of bitcoin

member
Activity: 144
Merit: 10
April 08, 2017, 06:52:49 PM
#78
Hi Everyone.

I have seen many advertisements about Cloud Mining. Do you think it is worth to use cloud cining or are they trustable ?



Cloud mining is almost always a scam. If they cannot produce some form of proof like pictures if their so called miners then do not trust them. Most will not produce proof so best just stay away. Spend your bitcoins elsewhere.
legendary
Activity: 1372
Merit: 1005
April 07, 2017, 11:25:03 PM
#77
I think it can be trusted.
live look how just how does it work

Cloud mining is always Ponzi schemes. None of them seems like trusting and we  can investing. Instead of cloud mining you could have try to investing your fund in trading, lending, btc projects and have etc. These low risk when compared to cloud mining.
full member
Activity: 252
Merit: 100
April 07, 2017, 10:51:54 PM
#76
I think it can be trusted.
live look how just how does it work
full member
Activity: 180
Merit: 100
April 07, 2017, 07:25:55 PM
#75
Hi Everyone.

I have seen many advertisements about Cloud Mining. Do you think it is worth to use cloud cining or are they trustable ?



In my point, it's not worth investing to the cloud mining. it's nearly 99% ponzi scheme otherwise you can not collect all funds invested to the cloud mining and I never invest money to the cloud mining as well.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
April 07, 2017, 07:16:07 PM
#74
I noticed a cloud mining mostly just paying at the beginning, about 2-3 months after launching. after past 3 months mostly be a scam

well thats a ponzi. They lure you in to deposit more by acting as a legit cloud mining services. Smiley a few years ago, I've actually made a profit on cex.io while they offered cloud mining service, but now 90% are scam and the rest 10% require huge investments and time  to make some profit.
sr. member
Activity: 1344
Merit: 459
April 06, 2017, 03:17:07 AM
#73
I noticed a cloud mining mostly just paying at the beginning, about 2-3 months after launching. after past 3 months mostly be a scam
sr. member
Activity: 684
Merit: 250
Early Funders Registration: monartis.com
April 05, 2017, 11:52:36 PM
#72
Mining can be profitable if you know when to stop. If you already got your roi back dont invest again just wait for your profit,cause if you invest again but higher than your first deposit it could be one reason why mining sites turnes into scam.
member
Activity: 144
Merit: 10
April 05, 2017, 07:24:51 PM
#71
I am afraid to give my money to anyone without legal agreement of some sort. If you dont control the private keys then you don't control your bitcoin
sr. member
Activity: 434
Merit: 250
April 05, 2017, 12:21:09 PM
#70
Based of my experience, I don't advise anyone to use cloud mining sites, Almost of them scams. We should avoid that type of earning money which they based on pyramid scheme. I had a bad experience in them. one of them is hashoceans which it scams last summer. So be carefull to investing in cloud mining sites, and if you are insist to investing there. just put a low amount.
full member
Activity: 393
Merit: 107
April 05, 2017, 11:21:52 AM
#69
Scams. Stay away.
hero member
Activity: 644
Merit: 501
April 05, 2017, 10:43:58 AM
#68
Hi Everyone.

I have seen many advertisements about Cloud Mining. Do you think it is worth to use cloud cining or are they trustable ?


 
In cloud mining you will only waste your time and money or else before you will get your roi back the site already disappeared.
Some cloud mining  sites now are scam. You will only lose your btc without nothing in return.

Yeah I am agree with you 100%, cloud mining is a scammed project, never ever trust cloud mining, the ROI is long and the risk is high, just stay away from cloud mining, you only going to make the owner rich if you joined cloud mining, and no cloud mining is legit, there are so many victim that losing money, hopefully you won't become one of them
So far, we can see that almost every cloudmining site will die sooner or later.
The thing is that the % of income you gain every month / year is so high, that it is impossible to provide so much gain to your investor, as a prosperous company on a real market.

Good example? Hashocean.
Many people were saying that it is 100% legit, and not investing into their programme is simply dumb- this HYIP lasts for really long and pays.
but after 2 years as we can see, the Hashocean site was suspended and the bitcoins sent there are gone.

My advice?
Stay out of cloudmining.
hero member
Activity: 1008
Merit: 500
April 05, 2017, 10:17:24 AM
#67
Because of what happen to some cloud mining sites before,  they turned into scam when somebody invest a high amount of btc..hashocean made a deep scar on  those cloud mining lover including me ,thats why i do nit invest in any cloud mining site.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
April 05, 2017, 09:23:16 AM
#66
Hi Everyone.

I have seen many advertisements about Cloud Mining. Do you think it is worth to use cloud cining or are they trustable ?


 
In cloud mining you will only waste your time and money or else before you will get your roi back the site already disappeared.
Some cloud mining  sites now are scam. You will only lose your btc without nothing in return.
But what about the sites that have been around for the last 3-4 years?
Hashcoins and to a lesser extent Genesis mining.
Those seem to be the longest running ones and people have said they have already roi from their contracts at the end of last year and are in solely profit from here on in.
But the question is can they wait for atleast 1 year just to get back thier roi?  Some will say yes they can others cannot wait , what if the site will suddenly close or shutdown can they refund thier btc?  Investing in cloud mining is too risky .
Who says investing on cloud mining is not risky? We do all know that most of them doesnt last too long which means we cant even reach our roi and they already ran away on our money.Cloud mining are just a total waste on our bitcoin and we should really avoid it no matter what if we do value our bitcoins.
hero member
Activity: 1946
Merit: 502
April 05, 2017, 08:31:11 AM
#65
Hi Everyone.

I have seen many advertisements about Cloud Mining. Do you think it is worth to use cloud cining or are they trustable ?


 
In cloud mining you will only waste your time and money or else before you will get your roi back the site already disappeared.
Some cloud mining  sites now are scam. You will only lose your btc without nothing in return.
But what about the sites that have been around for the last 3-4 years?
Hashcoins and to a lesser extent Genesis mining.
Those seem to be the longest running ones and people have said they have already roi from their contracts at the end of last year and are in solely profit from here on in.
But the question is can they wait for atleast 1 year just to get back thier roi?  Some will say yes they can others cannot wait , what if the site will suddenly close or shutdown can they refund thier btc?  Investing in cloud mining is too risky .
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
April 05, 2017, 07:32:04 AM
#64
Hi Everyone.

I have seen many advertisements about Cloud Mining. Do you think it is worth to use cloud cining or are they trustable ?


 
In cloud mining you will only waste your time and money or else before you will get your roi back the site already disappeared.
Some cloud mining  sites now are scam. You will only lose your btc without nothing in return.
But what about the sites that have been around for the last 3-4 years?
Hashcoins and to a lesser extent Genesis mining.
Those seem to be the longest running ones and people have said they have already roi from their contracts at the end of last year and are in solely profit from here on in.
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