Cloud mining - page 4. | Bitcointalksearch.org

Zocadas

hero member

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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 ?

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I tried it out these days. The interesting is not the ROI on mining that is aleays at 17 month at the moment you buy (ghs price is based to btc price), but you can click on different coins, you want to get during mining. So its a kind of exchanging during mining. The other thing as I read here somewhere on bitcointalk, that mining contract, that is at 5 years can be exchanged to 24 hours contract. So you indirectly get back your invest but with loosing 20-30 percent. Seems to make sense when coins are hyping or you don't trust eobot anymore and get a quick pay out. Didn't try that yet to exchange back.

audaciousbeing

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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 ?

If you have made mentioned of those two and they are not profitable to you, I dont even know which one would considering the fact that 95% of the cloud mining sites are scams and the site you are looking into is obviously new which means they are yet to be trusted and by so I would advise you wait a while to get the review of other if you are insisting on dealing with a cloud mining site. Otherwise, you look else where to make an investment in other to generate a passive income.

Hamphser

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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 ?

I didnt heard about eobot.com site but as i visited on the site it does have cloud mining,exchange,faucet and all i can say is WoW! They are complete already regarding on earning opportunities but talking majority on cloud mining.They arent profitable considering on the mining difficulty rise overtime and most of them are scams.This is why i dont really bother at all on joining them.

buwaytress

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There's a lot to be said about cloud mining but I will summarise it here for you: cloud mining sites are not profitable. There is no easy way to passive profits, certainly not for newbies with limited capital. Even the most reputable ones have plenty of problems, the biggest and oldest one, Genesis, has been delaying payments for weeks now and Google will show that there are enough people out there who end up disappointed when their "lifetime" contracts stopped becoming profitable even before their initial outlay is returned. To break even, more than 6 months is typically required.

The best advice is to stay away if you don't know how to calculate potential income. Sites like eobot do offer a way to cloud mine without putting down any investment by simply using their daily faucets to re-invest into buying hashpower. They also have their own pools and support cloud folding for Gridcoin and Curecoin, so I wouldn't call them a scam rightaway. However, at best, they give you the same returns as a faucet site. So if you really think spending time online for a few "free" satoshi is worth it, then you're probably better off hitting faucets.

iqlimasyadiqa

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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 ?

if you discussed is the cloud of mining then none of cloud mining profitable. if one is currently offering promos and promising a profit then it is just a lie to attract allure. you can read the various references, try to read and you will get to know what is called cloud mining.

winspiral

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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 ?

My U2 system was at it's start a cloudmining,but it was not interesting economicaly to mine.
But the system is used differently.
The mining is not from the minerware but from the site profit.
All is for free and you invest just time.
It's a mix of faucet and trade.
It is now paying since october 2015 and all if for free.
It is why i say:impossible to lose you can only earn.

JohnDoe3490

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Never heard of it. Genesis mining is profitable but it depends on the contract. You can recoup your costs in a year. Sometimes you get lucky and recoup very quickly due to rise in prices.

suvo05

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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 ?

Topic: Cloud mining - page 4. (Read 2234 times)