Cloud mining | Bitcointalksearch.org

winspiral

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Quote from: michnelli6 on September 22, 2017, 10:16:25 AM

Quote from: winspiral on September 16, 2017, 04:31:42 AM

Quote from: iqlimasyadiqa on September 15, 2017, 10:29:37 PM

Quote from: 777Bitcoin on September 15, 2017, 09:00:49 PM

Competition is not the issue I think, i don't know how it come to that idea. We were not even talking about profitability of mining here. We are discussing legitimacy and its accountability to its clients. I don't know if most of you have experienced being scammed or what but I'm sure you won't like it. I'm spreading my story to warned anyone who were vulnerable to this kind of investments that are fake.

cloud mining is very harmful. legally I think cloud mining does not provide any guarantee to us. so there is no trust we can get. it's all just luck, we just try and in the end we lose the investment we have. Scamming is the hallmark that is now attached to cloud mining.

Please do not put all cloudmining webmaster in the same basket.
I run a cloudmining site and I have always paid my members.
Talking about generalities is missleadind people.
What is your help here if you just talk about generalities?

Can you clear up this issue a bit? I’ve always believed cloud mining is a waste of time, and nothing is coming out of it because most of my friends investing into it said it’s now useless. I haven’t tried it before, but I would like to know, assuming I invest into your cloud mining site, how much percentage will I make from each investment in a month?

You can not invest BTC.
You can only invest time.
And then you can only re-invest your earning if you want.
All is based on real economy...

reda

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Activity: 910

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Quote from: chickenado on September 22, 2017, 06:58:16 PM

Quote from: michnelli6 on September 22, 2017, 10:16:25 AM

Quote from: winspiral on September 16, 2017, 04:31:42 AM

Quote from: iqlimasyadiqa on September 15, 2017, 10:29:37 PM

Quote from: 777Bitcoin on September 15, 2017, 09:00:49 PM

Competition is not the issue I think, i don't know how it come to that idea. We were not even talking about profitability of mining here. We are discussing legitimacy and its accountability to its clients. I don't know if most of you have experienced being scammed or what but I'm sure you won't like it. I'm spreading my story to warned anyone who were vulnerable to this kind of investments that are fake.

cloud mining is very harmful. legally I think cloud mining does not provide any guarantee to us. so there is no trust we can get. it's all just luck, we just try and in the end we lose the investment we have. Scamming is the hallmark that is now attached to cloud mining.

Please do not put all cloudmining webmaster in the same basket.
I run a cloudmining site and I have always paid my members.
Talking about generalities is missleadind people.
What is your help here if you just talk about generalities?

Can you clear up this issue a bit? I’ve always believed cloud mining is a waste of time, and nothing is coming out of it because most of my friends investing into it said it’s now useless. I haven’t tried it before, but I would like to know, assuming I invest into your cloud mining site, how much percentage will I make from each investment in a month?

Most of the comments here is with negative thoughts and I came up into conclusion which can be agreeable to the majority who read this thread that cloud mining is certainly having bad reputations. For me if they invest with cloud mining, they'd better stop it and divert with actual minings because if their electricity is cheaper in the country they lived, well that's much more profitable than any so called mining investments.

Now many people are ready invest on ASIC miners but supply of miners in demand now after China banned bitcoin in their country. I hope you may know that Bitmain located at China.
You can do altcoin mining using the graphics cards with the specification to start GPU mining.

aoihs00

sr. member

Activity: 700

Merit: 300

I believe you have already answered all the question and doubts by yourself. Cloud mining was used to be safe place to earn money few years ago when the difficulty was not much and hardware were almost free to use and maintain fir cloud mining sites. That's now risky business and no one can sustain the heavy duties now a days. It's better not to invest in any kind of cloud mining no matter what different strategies they bring to us. It's just another HYIP site that you can consider. If you are too desperate then just go ahead and make review about it for others to know whether it's scam or not. But for sure they wouldn't sustain the business for long.

chickenado

hero member

Activity: 1036

Merit: 500

Quote from: michnelli6 on September 22, 2017, 10:16:25 AM

Quote from: winspiral on September 16, 2017, 04:31:42 AM

Quote from: iqlimasyadiqa on September 15, 2017, 10:29:37 PM

Quote from: 777Bitcoin on September 15, 2017, 09:00:49 PM

Competition is not the issue I think, i don't know how it come to that idea. We were not even talking about profitability of mining here. We are discussing legitimacy and its accountability to its clients. I don't know if most of you have experienced being scammed or what but I'm sure you won't like it. I'm spreading my story to warned anyone who were vulnerable to this kind of investments that are fake.

cloud mining is very harmful. legally I think cloud mining does not provide any guarantee to us. so there is no trust we can get. it's all just luck, we just try and in the end we lose the investment we have. Scamming is the hallmark that is now attached to cloud mining.

Please do not put all cloudmining webmaster in the same basket.
I run a cloudmining site and I have always paid my members.
Talking about generalities is missleadind people.
What is your help here if you just talk about generalities?

Can you clear up this issue a bit? I’ve always believed cloud mining is a waste of time, and nothing is coming out of it because most of my friends investing into it said it’s now useless. I haven’t tried it before, but I would like to know, assuming I invest into your cloud mining site, how much percentage will I make from each investment in a month?

Most of the comments here is with negative thoughts and I came up into conclusion which can be agreeable to the majority who read this thread that cloud mining is certainly having bad reputations. For me if they invest with cloud mining, they'd better stop it and divert with actual minings because if their electricity is cheaper in the country they lived, well that's much more profitable than any so called mining investments.

Fidemoga

sr. member

Activity: 302

Merit: 250

It is difficult to proove, which cloud miners are legit or not, most are scam, but a few seem to be legit. That cloud mining can't be profitable on shortterm is clear for everyone, who is mining with his own hardware. There is an initial investment of hardware, electricity and maintence costs. Cloud miners need additional to pay employers, taxes, administration and more. They also want to work profitable, so the profits for customers can't be high.

michnelli6

sr. member

Activity: 365

Merit: 250

Quote from: winspiral on September 16, 2017, 04:31:42 AM

Quote from: iqlimasyadiqa on September 15, 2017, 10:29:37 PM

Quote from: 777Bitcoin on September 15, 2017, 09:00:49 PM

Competition is not the issue I think, i don't know how it come to that idea. We were not even talking about profitability of mining here. We are discussing legitimacy and its accountability to its clients. I don't know if most of you have experienced being scammed or what but I'm sure you won't like it. I'm spreading my story to warned anyone who were vulnerable to this kind of investments that are fake.

cloud mining is very harmful. legally I think cloud mining does not provide any guarantee to us. so there is no trust we can get. it's all just luck, we just try and in the end we lose the investment we have. Scamming is the hallmark that is now attached to cloud mining.

Please do not put all cloudmining webmaster in the same basket.
I run a cloudmining site and I have always paid my members.
Talking about generalities is missleadind people.
What is your help here if you just talk about generalities?

Can you clear up this issue a bit? I’ve always believed cloud mining is a waste of time, and nothing is coming out of it because most of my friends investing into it said it’s now useless. I haven’t tried it before, but I would like to know, assuming I invest into your cloud mining site, how much percentage will I make from each investment in a month?

lovesybitz

sr. member

Activity: 868

Merit: 289

Quote from: suvo05 on September 06, 2017, 04:46:20 AM

There are lot of cloud mining websites which are scam. And there are some like genesis and minergate which are not profitable at all. I have found another one eobot.com which seems to be a bit different. Is it profitable to invest there? Is it legit ?

It is true that many of the cloud mining sites are ponzi and hyip scheme. Genesis mining is one of the most often heard that this genesis is legit ang good to invest in. But for me Minergate is much more good than genesis, because I already experienced to earned bitcoin in minergate which is xmr.

winspiral

legendary

Activity: 1778

Merit: 1026

Free WSPU2 Token or real dollars

Quote from: iqlimasyadiqa on September 15, 2017, 10:29:37 PM

Quote from: 777Bitcoin on September 15, 2017, 09:00:49 PM

Competition is not the issue I think, i don't know how it come to that idea. We were not even talking about profitability of mining here. We are discussing legitimacy and its accountability to its clients. I don't know if most of you have experienced being scammed or what but I'm sure you won't like it. I'm spreading my story to warned anyone who were vulnerable to this kind of investments that are fake.

cloud mining is very harmful. legally I think cloud mining does not provide any guarantee to us. so there is no trust we can get. it's all just luck, we just try and in the end we lose the investment we have. Scamming is the hallmark that is now attached to cloud mining.

Please do not put all cloudmining webmaster in the same basket.
I run a cloudmining site and I have always paid my members.
Talking about generalities is missleadind people.
What is your help here if you just talk about generalities?

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

Quote from: 777Bitcoin on September 15, 2017, 09:00:49 PM

Competition is not the issue I think, i don't know how it come to that idea. We were not even talking about profitability of mining here. We are discussing legitimacy and its accountability to its clients. I don't know if most of you have experienced being scammed or what but I'm sure you won't like it. I'm spreading my story to warned anyone who were vulnerable to this kind of investments that are fake.

cloud mining is very harmful. legally I think cloud mining does not provide any guarantee to us. so there is no trust we can get. it's all just luck, we just try and in the end we lose the investment we have. Scamming is the hallmark that is now attached to cloud mining.

777Bitcoin

full member

Activity: 140

Merit: 100

Quote from: Kevin77 on September 15, 2017, 11:17:52 AM

Quote from: player514 on September 12, 2017, 11:32:40 AM

Quote from: bitgolden on September 12, 2017, 11:28:30 AM

Quote from: 777Bitcoin on September 07, 2017, 08:26:20 PM

I have bad experienced with a cloud mining "hashocean" I think. And also my friend, we've invested and like cloud vanished and not leaving any traces at all. After that I've started to doubt bitcoin and leave. Until now I came back to regain what I've wasted for so long. Scamming sites are made to gain profit to fool others that I condone and will not be on that situation again. My advice is just be careful and be observant on anything/sites other than this forum.

I’ve never done cloud mining. I wanted to do it last year, but decided to quit after I made some research and discovered that there isn’t any profit in it. Most of them are even scams. I heard it has become worst this time, that people are getting nothing at all.

Yup, and the issue with cloud mining is that you're essentially competing with those huge mining groups that purchase insane graphics cards and mine with them. They are easily worth millions, so when you put in a couple of dollars into a cloud mining service, I don't see how you can beat those mining rigs out.

Lol competition indeed. You can’t even compete with such a mining group. I invested into Bitcoin cloud mining, but it was through a friend, cause I can’t and didn’t want to invest by myself; I was new to bitcoin then. He told me I will get 40% on what I invested into this, but by the end of the month I got my money with just a small percentage that’s worth nothing on top. He then said to me that I’m lucky and should be happy for what I got.

Competition is not the issue I think, i don't know how it come to that idea. We were not even talking about profitability of mining here. We are discussing legitimacy and its accountability to its clients. I don't know if most of you have experienced being scammed or what but I'm sure you won't like it. I'm spreading my story to warned anyone who were vulnerable to this kind of investments that are fake.

Kevin77

legendary

Activity: 1652

Merit: 1057

Quote from: player514 on September 12, 2017, 11:32:40 AM

Quote from: bitgolden on September 12, 2017, 11:28:30 AM

Quote from: 777Bitcoin on September 07, 2017, 08:26:20 PM

I have bad experienced with a cloud mining "hashocean" I think. And also my friend, we've invested and like cloud vanished and not leaving any traces at all. After that I've started to doubt bitcoin and leave. Until now I came back to regain what I've wasted for so long. Scamming sites are made to gain profit to fool others that I condone and will not be on that situation again. My advice is just be careful and be observant on anything/sites other than this forum.

I’ve never done cloud mining. I wanted to do it last year, but decided to quit after I made some research and discovered that there isn’t any profit in it. Most of them are even scams. I heard it has become worst this time, that people are getting nothing at all.

Yup, and the issue with cloud mining is that you're essentially competing with those huge mining groups that purchase insane graphics cards and mine with them. They are easily worth millions, so when you put in a couple of dollars into a cloud mining service, I don't see how you can beat those mining rigs out.

Lol competition indeed. You can’t even compete with such a mining group. I invested into Bitcoin cloud mining, but it was through a friend, cause I can’t and didn’t want to invest by myself; I was new to bitcoin then. He told me I will get 40% on what I invested into this, but by the end of the month I got my money with just a small percentage that’s worth nothing on top. He then said to me that I’m lucky and should be happy for what I got.

tweetbit

full member

Activity: 560

Merit: 112

Quote from: Weawant on September 14, 2017, 12:31:25 AM

Quote from: tweetbit on September 13, 2017, 06:01:30 PM

Many have had bad experience with this kind of sites so we can't blame them by not trusting again. But in my opinion it is normal that different sites has different intentions and just being drag by bad image from others. Let just be opened minded about possibilities of gaining on sites we deliberately hated much. But let's give chance to others to some site who's intentions is to help. Like minergate and any legit sites.

I don't know if minergates is legal but I can't blame people either to give a bad reviews against the cloud mining site since mostly of us get scam by them before and there are so many scam cloudmining site are yet destroying the reputation of those mid trusted site. And my opinion on this issue is better that we just be more careful on this scheme's since there's a rampant scamming happening on each cloudmining sites today's.

I think you were honestly right, I'm sensitive enough to recognized the hatred they feel for what had happened before. Being scammed is not just a bad experienced that can be erased or forgotten overnight it is mostly traumatic as they're hard earn money is being taken away from them by a sites they trusted. Betrayal is an emotional feeling that might me endure much hatred. So I'll just pray for what best for them.

Weawant

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Quote from: tweetbit on September 13, 2017, 06:01:30 PM

Many have had bad experience with this kind of sites so we can't blame them by not trusting again. But in my opinion it is normal that different sites has different intentions and just being drag by bad image from others. Let just be opened minded about possibilities of gaining on sites we deliberately hated much. But let's give chance to others to some site who's intentions is to help. Like minergate and any legit sites.

I don't know if minergates is legal but I can't blame people either to give a bad reviews against the cloud mining site since mostly of us get scam by them before and there are so many scam cloudmining site are yet destroying the reputation of those mid trusted site. And my opinion on this issue is better that we just be more careful on this scheme's since there's a rampant scamming happening on each cloudmining sites today's.

tweetbit

full member

Activity: 560

Merit: 112

Many have had bad experience with this kind of sites so we can't blame them by not trusting again. But in my opinion it is normal that different sites has different intentions and just being drag by bad image from others. Let just be opened minded about possibilities of gaining on sites we deliberately hated much. But let's give chance to others to some site who's intentions is to help. Like minergate and any legit sites.

betudontbet

sr. member

Activity: 406

Merit: 250

Investing in cloud mining may result in two points ;

1º You will lose all money invest due to most of the cloud-mining websites are scams. Always google - Bitcointalk ^Insert cloud mining website name^ and you will find a reference to start from.

2º You may end up into a legit cloud-mining website, it won't give you profit over the amount of money invested, so I commend instead of giving a try to mine on the cloud just invest in Bitcoin/Stable altcoins directly.

winspiral

legendary

Activity: 1778

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Free WSPU2 Token or real dollars

Quote from: legendbtc on September 13, 2017, 07:00:08 AM

I think we don't have any good opinion about these cloud mining websites because previously we have seen many websites get into the scam with in days. But as for my knowledge, only two websites paying are Genesis and Halshflare. Cloud mining sites are always risky we have to bare our risks before investing into cloud mining websites.

Why can you not make the difference.
Cloudmining is never not scam...it's the cloudmining site's webmaster who is often a scammer.
I have programmed a cloudmining site and I have never scammed.It is paying since october 2015...even if satoshi are created without miner.
People here are quick,too quick to see scam everywhere.
I agree,it is easier to say "SCAM" without understanding the system thant take time to understand the system.

legendbtc

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Activity: 1092

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Leading Crypto Sports Betting & Casino Platform

I think we don't have any good opinion about these cloud mining websites because previously we have seen many websites get into the scam with in days. But as for my knowledge, only two websites paying are Genesis and Halshflare. Cloud mining sites are always risky we have to bare our risks before investing into cloud mining websites.

Adbitco

hero member

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Merit: 653

Always Act Smart and Play Safe With Your Funds

Quote from: bitgolden on September 12, 2017, 11:28:30 AM

Quote from: 777Bitcoin on September 07, 2017, 08:26:20 PM

I have bad experienced with a cloud mining "hashocean" I think. And also my friend, we've invested and like cloud vanished and not leaving any traces at all. After that I've started to doubt bitcoin and leave. Until now I came back to regain what I've wasted for so long. Scamming sites are made to gain profit to fool others that I condone and will not be on that situation again. My advice is just be careful and be observant on anything/sites other than this forum.

I’ve never done cloud mining. I wanted to do it last year, but decided to quit after I made some research and discovered that there isn’t any profit in it. Most of them are even scams. I heard it has become worst this time, that people are getting nothing at all.

Yes in the last few years there have been lots of websites claiming to be engaged in bitcoin mining but most of them if not all turned out to be scam so in fact there claims were just false ones and they were never into mining they were just trying to cheat on people with the latter's hard earned money.

Zadicar

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Cashback 15%

Quote from: melchicedec14 on September 13, 2017, 04:40:41 AM

Hashflare.io just adjusted their contracts. Sha-256 not unlimited any more. Barely economical. Should have invested 500€ directly in cryptos.

Thats a good choice rather than on putting your funds on these cloud mining site.Just as expected they would really already put durations on their contract which means reaching roi after the expiration would really be hard on which you would really be forced up to deposit funds again and again. Theres no unlimited things on this world that would sustain for long specially on cloud mining.

melchicedec14

newbie

Activity: 3

Merit: 0

Hashflare.io just adjusted their contracts. Sha-256 not unlimited any more. Barely economical. Should have invested 500€ directly in cryptos.

Topic: Cloud mining (Read 2234 times)