No worries can you point us in right direction of good cloud mining site?
hi ,
messaged you.
Topic: Cloud mining - page 2. (Read 970 times)
hi ,
messaged you.
I had seen a user advertising his telegram group which connects users who want to sell/buy their cloud mining hashrate for lower price, I wouldn't recommend using cloud mining though as other users mentioned its not profitable and you might even lose your Bitcoin if you invest in a site without researching.
According to me, cloud mining is just waste of time you are either end by getting scammed from a fake site or by the terms of the real website they are doing business by selling contracts, Imagine if they can generate more profit by mining why would they sell them to others, I'm mean seriously they are ripping the people off.
Buy your own miners and starting mining or stick to the trading part and keep generating profits.
Buy your own miners and starting mining or stick to the trading part and keep generating profits.
These websites pop up like mushrooms after the rain. Such websites are only built to scam people. Cloud mining as an industry is almost dead with the exception of a few legit companies like Hashnest. All others are plain scams. Even at the legit companies in this example Hashnest you will have a very difficult time until you get your investment back if you ever will. That is because of increasing difficulty in the bitcoin network plus maintenance and electricity fees.
Many times these investments go wrong because after you purchase some contract and the difficulty of mining goes up then you can't make the profit which was estimated earlier. So even company don't cheat still there is a risk unless your coin price goes up a lot then you can make some profit. But I also don't trust any of these cloud mining sites instead I buy coins and wait for the prices to go up.
These websites pop up like mushrooms after the rain. Such websites are only built to scam people. Cloud mining as an industry is almost dead with the exception of a few legit companies like Hashnest. All others are plain scams. Even at the legit companies in this example Hashnest you will have a very difficult time until you get your investment back if you ever will. That is because of increasing difficulty in the bitcoin network plus maintenance and electricity fees.
Can any offer cheap good cloud mining ?
I was looking at iq mining.com any feedback ?
I was looking at iq mining.com any feedback ?
There so many site that can offer you that but could you trust them? Are you ready to lose your money?
Since for me Its super waste of time to invest on cloudmining sites since I marked them all as scam and people should now how these schemes doing so that people can see it as scam and for that many people would save there money for being scammed.
Investing on the cloud mining is banging yourself outside the door. You can just go for the hundred organic ways available out there which can provide you biggest benefit than cloud mining. The cost that to be settled for setting up the mining rig as well maintaining the same is required afterwards which most of the cloud miners fail to do. They are getting money from you which enough but at some point it gets difficult to manage very bit of the mining rig. There are so many challenges in the field but anyway it's vein to discuss that again and again. Better learn some trading skills, invest in coins and sit back watching them grow.
No worries can you point us in right direction of good cloud mining site?
Well, there isn't really a "good" cloud mining site.
The thing is, the legit ones like genesis mining and so on will not make you much profit at all. You'd be lucky to even get the majority of your initial invested funds back from your investment. The returns are tiny, even if you do make a profit.
On the other hand, sites that are shady like the one you were asking abou(iqmining) are all scams and will take your money eventually. I would recommend staying away from all cloud mining sites.
No worries can you point us in right direction of good cloud mining site?
Can any offer cheap good cloud mining ?
I was looking at iq mining.com any feedback ?
I was looking at iq mining.com any feedback ?
It exhibits several signs of a ponzi... I didn't completely investigate but:
- the profit is unrealistic
- bonusses
- no clear contact info
- no endorsement of ASIC vendors
- no mining addresses/proof of mining
I think the odds of this one beying legit are low...
Can any offer cheap good cloud mining ?
I was looking at iq mining.com any feedback ?
I was looking at iq mining.com any feedback ?
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