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Topic: Cloud mining (Read 805 times)

member
Activity: 644
Merit: 24
July 30, 2018, 11:17:02 PM
I'd say it's pretty unsafe, especially with current market, you could lose a ton of money, provided that they don't scam you in the first place. A good rule for crypto is: do it yourself.

You wouldn't know your ass from your face, but at least you know to not invest in cloud mining.  Good for you.   Grin Grin Grin  Tell us something we don't fucking know.
jr. member
Activity: 124
Merit: 8
July 24, 2018, 09:21:35 AM
I'd say it's pretty unsafe, especially with current market, you could lose a ton of money, provided that they don't scam you in the first place. A good rule for crypto is: do it yourself.
jr. member
Activity: 214
Merit: 1
July 24, 2018, 08:44:37 AM
Most 'cloud mining' sites are nothing but ponzi schemes. You should avoid them unless you like losing money. Smiley

Absolutely agree, it's not safe.
full member
Activity: 476
Merit: 111
July 23, 2018, 09:15:01 AM
Just answer only one question - why none of people who offers you this sound like diamonds nice looking cloud mining investment opportunities have not described yet the very simple question:

when you do have a mining firm in what way it is possible to have more profit when lend capacities than just use it for mining and accumulate 100% profit?

member
Activity: 378
Merit: 10
July 23, 2018, 09:06:54 AM
Most 'cloud mining' sites are nothing but ponzi schemes. You should avoid them unless you like losing money. Smiley
Some of them are such a waste of time and even if it is legit you only earn a little amount which is not actually enough to regain your effort, not like participating bounty campaigns or joining airdrops which is free at it gives more opportunity than losing your time and money investing in ponzi schemes sites.
newbie
Activity: 196
Merit: 0
July 23, 2018, 06:11:28 AM
All the Cloud Mining companies are cheaters. I think you should mining yourself as your friends said. I've experienced this situation before.

Kelta looks good.
sr. member
Activity: 1568
Merit: 321
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July 23, 2018, 06:05:43 AM
All the Cloud Mining companies are cheaters. I think you should mining yourself as your friends said. I've experienced this situation before.
full member
Activity: 1190
Merit: 212
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July 23, 2018, 05:28:58 AM
you should first look at what cloud mining you want to buy, because at this time cloud mining a lot of who do a scam so you better be careful because you give money or assets you have in others, you better buy your own mining tools because I'm sure it will be safer.
newbie
Activity: 55
Merit: 0
July 23, 2018, 03:31:02 AM
The profit of cloud mining is not high. If you want to do this, consider the following points when looking for a cloud mining supplier:
1. Transparency. Check whether the company's qualifications and financial status are transparent. Check the quality and operation of the mining machine. Clear contract details.
2. Profitability. Read the company's income calculation formula.
3. Features. Is it possible to make daily real-time payments?
4. The ease of use of the platform. Company popularity, security level and reliable contracts.
member
Activity: 336
Merit: 10
July 23, 2018, 02:46:58 AM
At the moment nobody can earn money by investing in cloud mining anymore Smiley. It's not worth that is the reason why hashflare closed their cloudmining because they can't earn enough money to pay for investors because difficulty level in Bitcoin mining is increasing very quickly.
hero member
Activity: 2268
Merit: 507
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July 23, 2018, 02:38:42 AM
you should not be too confident with cloud mining because it is very much a cloud mining that went bankrupt and bring all the money from investors, so you better not be affected by cloud mining.
They aren't really bankrupt but that's their strategy of robbing their investors money.
If someone is still interested with cloud mining, hold your horses and don't be fooled with their contracts and unrealistic gains that they are posting.
Don't be interested with any of them so you won't fell to any of their scheme.
full member
Activity: 364
Merit: 100
July 23, 2018, 01:00:40 AM
I think you better avoid cloud mining in google and some other media because I think cloud mining is just implementing a scheme like ponzi so money owned by others will be used to pay you and could at any time will make you suffer a very loss many.
full member
Activity: 476
Merit: 100
July 22, 2018, 06:20:54 AM
you should not be too confident with cloud mining because it is very much a cloud mining that went bankrupt and bring all the money from investors, so you better not be affected by cloud mining.
member
Activity: 644
Merit: 24
July 21, 2018, 10:25:19 PM
I think that Cloud Mining is a very profitable business, but it's worth investing a lot to make a lot. It is better to collect mining. It's safer when your investments are in your hands, not strangers.

LOL  Grin Grin Grin ... WRONG!
jr. member
Activity: 182
Merit: 1
July 21, 2018, 06:37:39 PM
So far cloud mining become less productive, but I am not saying it is zero, but most of the miner's owner is just to scam people using the cloud mining, so you should observe first before putting your money!
newbie
Activity: 238
Merit: 0
July 21, 2018, 02:52:09 PM
I think that Cloud Mining is a very profitable business, but it's worth investing a lot to make a lot. It is better to collect mining. It's safer when your investments are in your hands, not strangers.
hero member
Activity: 2968
Merit: 687
July 21, 2018, 12:51:44 PM
This is another example why cloud mining is very, very, very risky
https://cointelegraph.com/news/cloud-mining-platform-hashflare-stops-services-disables-equipment-on-sha-256-contracts

So most of these "cloud" mining is a ponzi scheme so be careful with that.
They do already gradually showing off their true color and the sad thing is that they do able to accept investors while they are not already profitable which is always been a shady act for them to be done and now they are already terminating it and very sad for those who just recently invested without any knowledge or awareness on whats currently happening on mining matters.
Its being said or advise for how many times that cloud mining isn't really profitable but people do still continue to invest.
sr. member
Activity: 476
Merit: 300
July 21, 2018, 07:13:10 AM
Cloud mining is a deception. Soon many will go bankrupt. Trusting them is a big mistake. Mine yourself. I do it in my office.
member
Activity: 249
Merit: 10
July 21, 2018, 07:02:15 AM
This is another example why cloud mining is very, very, very risky
https://cointelegraph.com/news/cloud-mining-platform-hashflare-stops-services-disables-equipment-on-sha-256-contracts

So most of these "cloud" mining is a ponzi scheme so be careful with that.
newbie
Activity: 156
Merit: 0
July 21, 2018, 06:26:03 AM
Most 'cloud mining' sites are nothing but ponzi schemes. You should avoid them unless you like losing money. Smiley
Yes and this is a fact that has happened, I advise you to not participate in cloud mining because it is very risky to your assets,
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