If all goes well I will try running next week a cloud mining site for the fun.
So far I have always mad few satoshi with nothing...it is why i'm almost sure that I can do few satoshi with nothing AND an antiminer U2
Topic: Cloud mining Advise - page 2. (Read 2610 times)
Recently I have invested with a cloud mining : Ethcloud.They're still to be launched publicly.
I HIGHLY recommend not signing up with a brand new mining service. There is no history or anything to judge them on.
Also if you pre-paid for a cloud service that is also bad. Do not pre-pay before they have even launched a product.
I just invested $1 with them.So that's not much to worry about
I am thinking of cloud mining to save me the hassle of the equipment and all. Is this a good choice? If it is what would you recommend and where should I start? I have seen many threads in here about it, but it is hard to tell which is good and which is a bad idea to listen to. The only mine I seen is .001 per Gh if you buy 20k GH. Now are these charges for the entire contract or just for the month? It is so confusing. Thank you in advance for the help.
I think its a good choice. Running actual mining gear and paying all the bills that comes with it is too much hassle for me.
I second on that.
apparently the consensus is that mining isn't profitable and cloud mining is even worse
Basically. But if you don't want to take care of hardware mining then cloud mining is the best bet for you.
apparently the consensus is that mining isn't profitable and cloud mining is even worse
I am thinking of cloud mining to save me the hassle of the equipment and all. Is this a good choice? If it is what would you recommend and where should I start? I have seen many threads in here about it, but it is hard to tell which is good and which is a bad idea to listen to. The only mine I seen is .001 per Gh if you buy 20k GH. Now are these charges for the entire contract or just for the month? It is so confusing. Thank you in advance for the help.
I think its a good choice. Running actual mining gear and paying all the bills that comes with it is too much hassle for me.
Recently I have invested with a cloud mining : Ethcloud.They're still to be launched publicly.
I HIGHLY recommend not signing up with a brand new mining service. There is no history or anything to judge them on.
Also if you pre-paid for a cloud service that is also bad. Do not pre-pay before they have even launched a product.
Recently I have invested with a cloud mining : Ethcloud.They're still to be launched publicly.
investing in cloud-mining sites should be done
selectively and choose a business that has operated at
least 1 year
selectively and choose a business that has operated at
least 1 year
check out the services discussion thread (https://bitcointalk.org/index.php?board=85.0) I think it can give a good idea what you are dealing with.
but it is known that cloudmining was never a profitable investment, they are either scam Ponzi schemes or the legit ones because of low bitcoin price and high difficulty , increase the maintenance fee until you are losing money instead of earning .
but it is known that cloudmining was never a profitable investment, they are either scam Ponzi schemes or the legit ones because of low bitcoin price and high difficulty , increase the maintenance fee until you are losing money instead of earning .
Ummm. my advice: Don't trust those scammers. Cloud mining = scam central. Prolly better off gambling it away........
And yeah I know from experience
And yeah I know from experience
here's a advice dont trust the majority of Cloud mining companies, and be sure to do your own extensive research before investing into anything.
don't. almost all cloud miners are not really mining, but just a ponzi scheme. you can only lose. few legits are far from being lucrative, that's a waste too.
In my count I have come up with 2 I believe to be legit. Which is very sad considering there are a lot more then that out there.
But there are a few.... but sadly a lot of ponzi sites have given this area a bad reputation. Ask what gear they are using that will get rid of a lot of the ponzi's, also try to verify that if possible.
don't. almost all cloud miners are not really mining, but just a ponzi scheme. you can only lose. few legits are far from being lucrative, that's a waste too.
As far as I know there is really no guarantee that you can be safe with these cloud minings. I have tried a lot of them already and none of them has really been succesful. Unless you are lucky enough to find cloud ming that does really mine. Like what they already said. Just stay away from it. Better get your own mining rigs if you want to earn from it for a long term.
It is not a simple topic just look down a few threads - https://bitcointalk.org/index.php?topic=852857.440
Biggest thing is picking a "real" company. I stick with check history and check if they have verified equipment. And remember it is not without risk. Make sure to do ROI math.
Biggest thing is picking a "real" company. I stick with check history and check if they have verified equipment. And remember it is not without risk. Make sure to do ROI math.
Or to make it easier, pick with a already known asic producer, one of them is hashnest which has been around for a long time.
op, i suggest you check your comparison, but you want to factor the option to sell off your hash as well which can save your from major loss.
The only thing is if you compare just producer part asic miner would have gotten through your varibles. And we all know how bad asic miner ended up.
So I would say use multiple variables like i suggested. But that is not normal I would agree on that.
My advice is like most above me. Do not join any cloud mines unless you see them post proof of the miners. Even still use caution if they did post proof. It is too easy for them to steal it.
As the posters above me already suggested, stay away from the cloud mining completely. In fact, mining at all, here I mean mining with your own rigs has become totally unprofitable unless you have a source of a very, very cheap electricity. If you don't, stay away.
You are better investing directly into Bitcoin start-ups or just buying bitcoins and stashing them somewhere.
Good luck!
You are better investing directly into Bitcoin start-ups or just buying bitcoins and stashing them somewhere.
Good luck!
not all are bad.
I`m with genesis ming and just started recently and they accept credit cards.
So if anything does go back, I`ll do a charge back.
It is not a simple topic just look down a few threads - https://bitcointalk.org/index.php?topic=852857.440
Biggest thing is picking a "real" company. I stick with check history and check if they have verified equipment. And remember it is not without risk. Make sure to do ROI math.
Biggest thing is picking a "real" company. I stick with check history and check if they have verified equipment. And remember it is not without risk. Make sure to do ROI math.
Or to make it easier, pick with a already known asic producer, one of them is hashnest which has been around for a long time.
op, i suggest you check your comparison, but you want to factor the option to sell off your hash as well which can save your from major loss.
Thank you all very much for the info. I understand and agree after doing some research from what you all said. I am looking to invest a little bit of money for the long term and I do not know where to do it. Bitcoin is still in its baby stage and has the potential to take off if it is done right. I just want to be in here somewhere. Any recommendations as where to invest and make a good return?
It is not a simple topic just look down a few threads - https://bitcointalk.org/index.php?topic=852857.440
Biggest thing is picking a "real" company. I stick with check history and check if they have verified equipment. And remember it is not without risk. Make sure to do ROI math.
Biggest thing is picking a "real" company. I stick with check history and check if they have verified equipment. And remember it is not without risk. Make sure to do ROI math.
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