Author

Topic: CLOUD MINING - Myth or reality ? (Read 1419 times)

legendary
Activity: 2282
Merit: 1035
January 26, 2015, 05:52:00 AM
#32
Isn't cloud mining almost the same as a HYIP / Ponzi? Either way just a waste of time.

Cloud mining that's cloud mining Wink Just because some of services collapse, now many people think that all of them are scams. That's not true.
sr. member
Activity: 322
Merit: 250
January 24, 2015, 09:41:23 AM
#31
Isn't cloud mining almost the same as a HYIP / Ponzi? Either way just a waste of time.
sr. member
Activity: 252
Merit: 250
January 24, 2015, 12:24:27 AM
#30
My opinion is unique, I do not believe in any CLOUD MINING
sr. member
Activity: 364
Merit: 250
January 23, 2015, 12:27:04 PM
#29
Hashnest and cex is trustable but nor profitable
others is profitable but you cant trust  Roll Eyes


they might be trustable in the sense that they wont get "hacked" and run off with funds, but they arent exactly profitable.
legendary
Activity: 2282
Merit: 1035
January 23, 2015, 07:42:14 AM
#28
Hashnest and cex is trustable but nor profitable
others is profitable but you cant trust  Roll Eyes

Well said Smiley

But Cex.io have some break, they resume mining?

maybe they will
but if bitcoin prize under 400 dolar, cex will not profitable..
as same for hasnest under 300 dolar..

Hmm.. i have unofficial info that unprofitable is under $190 but this is probably about pure mining maybe, not counted staff salaries and other things..
full member
Activity: 168
Merit: 100
January 23, 2015, 07:37:33 AM
#27
Hashnest and cex is trustable but nor profitable
others is profitable but you cant trust  Roll Eyes

Well said Smiley

But Cex.io have some break, they resume mining?

maybe they will
but if bitcoin prize under 400 dolar, cex will not profitable..
as same for hasnest under 300 dolar..
legendary
Activity: 2282
Merit: 1035
January 23, 2015, 06:36:27 AM
#26
Hashnest and cex is trustable but nor profitable
others is profitable but you cant trust  Roll Eyes

Well said Smiley

But Cex.io have some break, they resume mining?
full member
Activity: 168
Merit: 100
January 23, 2015, 06:30:02 AM
#25
Hashnest and cex is trustable but nor profitable
others is profitable but you cant trust  Roll Eyes
legendary
Activity: 2282
Merit: 1035
January 21, 2015, 03:10:34 PM
#24
It is risky bussines right now, thats true, but Hushnest or - from my site Kryptologika.pl are legit.
sr. member
Activity: 266
Merit: 250
January 21, 2015, 03:02:02 PM
#23
i guess cloud mining non profitable now and maybe they are who dumb bitcoin price.
full member
Activity: 168
Merit: 100
January 21, 2015, 10:59:33 AM
#22

thanks to everyone who found a few minutes to write in my topic

today I have a few different opinions, but the majority were in favor of the fact that 90% cloud mining company - ordinary and not so ordinary ponzi ...

only a few cloud mining company deserve or what not a lot of trust  Sad


member
Activity: 112
Merit: 10
January 21, 2015, 06:49:14 AM
#21
for me i only trust cex.io and zencloud  Wink

you can trust it
but if you got 0 ( Zero ) profit, what is your purpose joining cloud mining ?
newbie
Activity: 42
Merit: 0
January 21, 2015, 06:16:00 AM
#20
for me i only trust cex.io and zencloud  Wink
legendary
Activity: 1638
Merit: 1001
January 21, 2015, 01:31:38 AM
#19
For me,just the case of cryptomine is enough to just keep away from this cloud mining.
sr. member
Activity: 364
Merit: 250
January 21, 2015, 12:21:47 AM
#18
why would people sell you their hashing power if they could make more mining on their own?
they wont, so they charge you to rent their hash power and they make more money to reinvest in more mining equipment.
sr. member
Activity: 314
Merit: 250
January 20, 2015, 07:59:02 PM
#17
Cloudmining is a Big Lie, most cloudmining companies is a Ponzi! Stay away from them.
member
Activity: 70
Merit: 10
January 20, 2015, 07:46:30 PM
#16
this thread section should be changed into service discussion or something else, not gambling...
legendary
Activity: 3318
Merit: 1128
January 20, 2015, 07:39:21 PM
#15
1 out of 10 cloud mining companies is legit.

Make it 1 of 100 cloud mining is legit. Almost all is a scam to me.
sr. member
Activity: 294
Merit: 250
January 20, 2015, 07:37:37 PM
#14
1 out of 10 cloud mining companies is legit.
newbie
Activity: 56
Merit: 0
January 20, 2015, 06:42:14 PM
#13
at this point, its becoming a myth and bitcoin is alone is slowly getting hurt based on the whole scamming scene.

everyone who doesnt know about bitcoin, will probably dont want to touch it. too much to learn for the average person.
sr. member
Activity: 321
Merit: 250
January 20, 2015, 06:09:12 PM
#12
Cloud mining is mostly a myth. I were you I would just buy the bitcoin directly and wait for its rise 1 - 2 years later it would be sure profit. Once bitcoin halves its price will double to tripple.
legendary
Activity: 1512
Merit: 1012
January 20, 2015, 05:39:41 PM
#11
Scam or not, they're not really profitable... And it's never the same as having a miner on a location of yours!
newbie
Activity: 42
Merit: 0
January 20, 2015, 05:34:46 PM
#10
its not a good reality for mining in general lol.

just go buy and hold it.
full member
Activity: 168
Merit: 100
January 20, 2015, 04:04:14 PM
#9
most of them are ponzi..
But some of them really mak mining
Forexample cex, hashnest..
newbie
Activity: 52
Merit: 0
January 20, 2015, 03:13:13 PM
#8
well, one of the largest operations seized due to increasing difficulty, which is CEX.

Only reason I see they stopped or paused operations is they notice the value of bitcoin too much to even operate.
sr. member
Activity: 378
Merit: 250
January 20, 2015, 02:21:08 PM
#7
Please explain me the principle of CLOUD MINING ?

For example - I have good power GHs  for what would be mining at these facilities with a profit ...
But, I don't mining on these facilities. I made these facilities rental other guys ...  WHY ? Shocked
Why do I need to do it, if I can mining these capacities himself and to have a profit ?

Thanks in advance for your opinions



I wonder why did u post it in 'Games and rounds' section ?
maybe he thinks that its something like ponzi so he decided that its just a game
legendary
Activity: 2226
Merit: 1052
January 20, 2015, 01:24:11 PM
#6
Please explain me the principle of CLOUD MINING ?

For example - I have good power GHs  for what would be mining at these facilities with a profit ...
But, I don't mining on these facilities. I made these facilities rental other guys ...  WHY ? Shocked
Why do I need to do it, if I can mining these capacities himself and to have a profit ?

Thanks in advance for your opinions



I wonder why did u post it in 'Games and rounds' section ?
full member
Activity: 182
Merit: 100
January 20, 2015, 12:00:02 PM
#5
Please explain me the principle of CLOUD MINING ?

For example - I have good power GHs  for what would be mining at these facilities with a profit ...
But, I don't mining on these facilities. I made these facilities rental other guys ...  WHY ? Shocked
Why do I need to do it, if I can mining these capacities himself and to have a profit ?

Thanks in advance for your opinions



Its partly myth partly reality. Some sites are legit and some are scams. You got to decide by considering everything.
hero member
Activity: 728
Merit: 501
January 20, 2015, 10:33:47 AM
#4
There are couple of cloud mining being a scam. It's like a trend nowadays. Let's back to convensional mining. Trading is the only alternative to avoid the scam-thingy.
I think investing in cloud mining isn't secure, it always ended with scam.
If all Cloud mining sites did as they should having a cloud mining business would be a great business.
sr. member
Activity: 321
Merit: 250
January 20, 2015, 09:07:45 AM
#3
Not all cloud mining companies are scam, cex.io is a legit company. But most cloud mining companies is a scam. If they don't have evidence where did they point there hashpower, it is most likely a scam.
hero member
Activity: 602
Merit: 501
January 20, 2015, 09:01:43 AM
#2


link is in my signature, a good read and awareness for people.
full member
Activity: 168
Merit: 100
January 20, 2015, 08:39:29 AM
#1
Please explain me the principle of CLOUD MINING ?

For example - I have good power GHs  for what would be mining at these facilities with a profit ...
But, I don't mining on these facilities. I made these facilities rental other guys ...  WHY ? Shocked
Why do I need to do it, if I can mining these capacities himself and to have a profit ?

Thanks in advance for your opinions

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