Cloud Mining - Please help a newbie - page 12.

LoveUJack

member

Activity: 83

Merit: 17

Quote from: sambiohazard on November 26, 2015, 03:09:36 PM

You can use links in my signature for cloud mining. I have found Genesis Mining very reliable & transparent in their dealings. There ROI time is a bit long but i will better be safe than sorry. I have been using there service for 6-7 months now and fully satisfied.

I am also trying gigahash.com with small amounts & no problems until now. both have daily payouts. All the best

Regards

Sam

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notlist3d

legendary

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Quote from: sambiohazard on November 26, 2015, 03:09:36 PM

You can use links in my signature for cloud mining. I have found Genesis Mining very reliable & transparent in their dealings. There ROI time is a bit long but i will better be safe than sorry. I have been using there service for 6-7 months now and fully satisfied.

I am also trying gigahash.com with small amounts & no problems until now. both have daily payouts. All the best

Regards

Sam

What I don't llike about genesis is the name "Lifetime Bitcoin plan" on buying contracts. No miner cloud or hardware is lifetime there a a point they are just too inefficient to run. So it's kinda a shady name in my eyes.

What are you saying ROI time is for them? I would remind people ROI is not guaranteed. Past ROI does not promise future ROI. Just look at what difficulty is doing right now, its kinda crazy.

sambiohazard

hero member

Activity: 840

Merit: 1000

You can use links in my signature for cloud mining. I have found Genesis Mining very reliable & transparent in their dealings. There ROI time is a bit long but i will better be safe than sorry. I have been using there service for 6-7 months now and fully satisfied.

I am also trying gigahash.com with small amounts & no problems until now. both have daily payouts. All the best

Regards

Sam

number2

member

Activity: 63

Merit: 10

I have been doing some research in cloud mining and I have not found any of them they are a good return on my investment. There are some with a return, but I think I would make more doing faucets, and we all know about how useful that is!!

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: bluesclues on November 26, 2015, 01:06:28 PM

I have been reading this thread for about an hours now and I am wondering if it is worth the risk to try this cloud mining. When you are mining, is there a way that the fees will rise after you pay for your month? I am not understanding.

Fees should not rise ... if legit there should be something showing on the site the cost. Normally they take it out of BTC before you ever get it. But fees do become a bigger portion of miner's earnings over time. With difficulty raising at some point the miner will cost more to run then it's making.

Ass far as risk being worth it with cloud or normal hardware it's very individual decision. Just make sure not to invest more then you can lose. Be a cautious investor.

bluesclues

newbie

Activity: 18

Merit: 0

I have been reading this thread for about an hours now and I am wondering if it is worth the risk to try this cloud mining. When you are mining, is there a way that the fees will rise after you pay for your month? I am not understanding.

avw1982

hero member

Activity: 644

Merit: 500

Quote from: Vitamin King on November 23, 2015, 12:45:52 PM

Quote from: knightkon on November 19, 2015, 11:22:11 PM

I was recommended in staying away from cloud mining. I was told that you will rarely make your ROI with in a reasonable time. I also did some research and some of the fees charged by some of these cloud mining are outstandingly high. I may be wrong, but after i was warned off of them, I stopped my research.

People first recommended me to stay away from bitcoin.

Then they recommended me to stay away from cloud mining.

I did not listen to either of the above and today, my initial investment has got more than double with www.cloudmining.website. Here is today's payment that I have received...

https://blockchain.info/tx/648015dae8fc5c698ca9cba9adf32f846aee8183d6d7056a6527d6bba7bd02a2

Now, I recommend people to take some risk.

Couldmining will not suits for all member especially for newbies, Newbies would be try learn and then have to go with faucet for some while and then can invest some money and they can do couldmining or trading or own faucet.

ivanst776

legendary

Activity: 1540

Merit: 1003

Seems OP removed that, in general i think that cloud mining are a game which the clients do nothing just watch virtual chart how much they can earn, i never recommend anyone to spend their money in cloud mining as they can be easily be scammed by these websites.

cryptodevil

legendary

Activity: 2240

Merit: 1254

Thread-puller extraordinaire

Quote from: Vitamin King on November 25, 2015, 06:18:24 PM

I prefer not to argue with a hypocrite having a criminal mindset like yours. You are stupendously shedding blind eye against certain obvious scams (read AM hash, Genesis Mining, Bit-X, Hashie etc.) on this forum which was pointed out to you by various persons at different time. Your only motive to use your DefaultTrust position is to weed out any competition legit/illegit whatsoever.

Utter bullshit. I promote nothing. As far as I'm concerned all 'cloud mining' services should be avoided like the plague. All I'm doing is helping newbies to be aware of the obvious ponzi scams and their shills, like yours and you.

But, still, thanks for providing a perfect example of how untrustworthy you are by employing patently dishonest argument in your reply, namely, attempting to deflect from the criminal nature of your shilling for obvious-ponzi-is-obvious cloudmining.website by lazily, and without any basis whatsoever, accusing me of wrongdoing.

GermanGiant, who is probably just an alt of yours anyway, or at least is part of the active shilling for this scam, tried the same dishonest accusation, too. It was promptly exposed as the baseless deflection attempt it was then, as well.

Quote from: notlist3d on November 25, 2015, 10:10:57 PM

Also care to tell us the reason you removed signature? For those that have not seen he has been wearing a cloudmining.website sig for months. His trust got hit from wearing it amoung other things. Are you distancing your self from site?

LOL!!

Busted!

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: Vitamin King on November 25, 2015, 06:18:24 PM

Quote from: cryptodevil on November 24, 2015, 04:23:04 AM

Don't think it isn't patently obvious that the only reason you opened this thread in this particular sub-forum is to trap noobs into believing you are legit because here they can't see the red writing under your username that shows you to be untrustworthy.

I prefer not to argue with a hypocrite having a criminal mindset like yours. You are stupendously shedding blind eye against certain obvious scams (read AM hash, Genesis Mining, Bit-X, Hashie etc.) on this forum which was pointed out to you by various persons at different time. Your only motive to use your DefaultTrust position is to weed out any competition legit/illegit whatsoever.

This post is meant only for the general public to know that when I created this thread, I was doubtful about www.cloudmining.website. At that point, cryptodevil was not in DefaultTrust. So, I had no reason hide my trust rating, which has been turned red by cryptodevil for not supporting his preferred cloud mining operation.

Now, people, judge yourself.

Why do you put Bit-X as a obvious scam? They have confirmed hardware from Bitfury. Can you point to a thread or something to back it up on anyone being scammed? They are mainly a exchange, but do have cloud mining.. confirmed from Bitfury.

Also care to tell us the reason you removed signature? For those that have not seen he has been wearing a cloudmining.website sig for months. His trust got hit from wearing it amoung other things. Are you distancing your self from site?

Vitamin King

full member

Activity: 164

Merit: 100

Quote from: cryptodevil on November 24, 2015, 04:23:04 AM

Don't think it isn't patently obvious that the only reason you opened this thread in this particular sub-forum is to trap noobs into believing you are legit because here they can't see the red writing under your username that shows you to be untrustworthy.

I prefer not to argue with a hypocrite having a criminal mindset like yours. You are stupendously shedding blind eye against certain obvious scams (read AM hash, Genesis Mining, Bit-X, Hashie etc.) on this forum which was pointed out to you by various persons at different time. Your only motive to use your DefaultTrust position is to weed out any competition legit/illegit whatsoever.

This post is meant only for the general public to know that when I created this thread, I was doubtful about www.cloudmining.website. At that point, cryptodevil was not in DefaultTrust. So, I had no reason hide my trust rating, which has been turned red by cryptodevil for not supporting his preferred cloud mining operation.

Now, people, judge yourself.

cryptodevil

legendary

Activity: 2240

Merit: 1254

Thread-puller extraordinaire

Quote from: Vitamin King on November 23, 2015, 12:45:52 PM

I did not listen to either of the above and today, my initial investment has got more than double with www.cloudmining.website. Here is today's payment that I have received...

Cloud mining is generally all a scam as the legit operations can't actually offer a profit at current prices, but you know this already and are simply shilling hard for your favourite ponzi scam.

Don't think it isn't patently obvious that the only reason you opened this thread in this particular sub-forum is to trap noobs into believing you are legit because here they can't see the red writing under your username that shows you to be untrustworthy.

PSA: Vitamin King is shilling for cloudmining.website in order to get newbies to join the ponzi scheme so he can profit from their deposits before the scam collapses. You have been warned.

azeminjo09

sr. member

Activity: 249

Merit: 250

I'm also thinking to invest in cloud mining service, at least 50 dollars, just to se how it works. Hope I will success too Cheesy

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: Proxiebuier on November 19, 2015, 10:23:05 PM

Quote from: shanerc563 on November 19, 2015, 08:43:03 PM

When it comes to cloud mining, you need to check you ROI (Return On Investment) and the fees you are going to be paying. You need to be careful, for there are a number of cloud mining scam sites out there that will take your money and run. Some of them look legit and then fold up. So take advise from your peers and do your research before you make any larger investments into cloud mining. You may be better with pool mining where you own your equipment and earn through joining a pool. Again, just my opinion.

i think before you invest you must calculate "the reasonable ROI " and the important of cloudmining is proof of hash/network, or proof of hardware
i prefered to visit the mining cloud id posible, you can face to face with owner

It would be hard to visit most of the ones out there. I know some of these keep location secret as a security measure, which is understandable if truly they own all the equipment.

I think best we have are vouches from hardware companies, or ones by hardware companies (legit ones). Very few fall in this, there is one specifically that dodges any questions about hardware manufacture.

It's not perfect and can't stop all scams, but having that vouch does cut down amount of scams quiet a bit.

BitMaxz

legendary

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BTC price road to $80k

Quote from: Vitamin King on November 23, 2015, 12:45:52 PM

Quote from: knightkon on November 19, 2015, 11:22:11 PM

I was recommended in staying away from cloud mining. I was told that you will rarely make your ROI with in a reasonable time. I also did some research and some of the fees charged by some of these cloud mining are outstandingly high. I may be wrong, but after i was warned off of them, I stopped my research.

People first recommended me to stay away from bitcoin.

Then they recommended me to stay away from cloud mining.

I did not listen to either of the above and today, my initial investment has got more than double with www.cloudmining.website. Here is today's payment that I have received...

https://blockchain.info/tx/648015dae8fc5c698ca9cba9adf32f846aee8183d6d7056a6527d6bba7bd02a2

Now, I recommend people to take some risk.

Cloud mining is not recommended to newbie.But if s/he already to take a risk.
I will suggest to invest few bitcoins in the first time then after you receive all your roi use dont use capital again instead use profit that you earn in your capital.. So no worry even its scam..

Vitamin King

full member

Activity: 164

Merit: 100

Quote from: knightkon on November 19, 2015, 11:22:11 PM

I was recommended in staying away from cloud mining. I was told that you will rarely make your ROI with in a reasonable time. I also did some research and some of the fees charged by some of these cloud mining are outstandingly high. I may be wrong, but after i was warned off of them, I stopped my research.

People first recommended me to stay away from bitcoin.

Then they recommended me to stay away from cloud mining.

I did not listen to either of the above and today, my initial investment has got more than double with www.cloudmining.website. Here is today's payment that I have received...

https://blockchain.info/tx/648015dae8fc5c698ca9cba9adf32f846aee8183d6d7056a6527d6bba7bd02a2

Now, I recommend people to take some risk.

knightkon

hero member

Activity: 588

Merit: 500

I was recommended in staying away from cloud mining. I was told that you will rarely make your ROI with in a reasonable time. I also did some research and some of the fees charged by some of these cloud mining are outstandingly high. I may be wrong, but after i was warned off of them, I stopped my research.

Proxiebuier

sr. member

Activity: 364

Merit: 250

Quote from: shanerc563 on November 19, 2015, 08:43:03 PM

When it comes to cloud mining, you need to check you ROI (Return On Investment) and the fees you are going to be paying. You need to be careful, for there are a number of cloud mining scam sites out there that will take your money and run. Some of them look legit and then fold up. So take advise from your peers and do your research before you make any larger investments into cloud mining. You may be better with pool mining where you own your equipment and earn through joining a pool. Again, just my opinion.

i think before you invest you must calculate "the reasonable ROI " and the important of cloudmining is proof of hash/network, or proof of hardware
i prefered to visit the mining cloud id posible, you can face to face with owner

notlist3d

legendary

Activity: 1456

Merit: 1000

Quote from: shanerc563 on November 19, 2015, 08:43:03 PM

When it comes to cloud mining, you need to check you ROI (Return On Investment) and the fees you are going to be paying. You need to be careful, for there are a number of cloud mining scam sites out there that will take your money and run. Some of them look legit and then fold up. So take advise from your peers and do your research before you make any larger investments into cloud mining. You may be better with pool mining where you own your equipment and earn through joining a pool. Again, just my opinion.

In your research I still think one of the best indicators is a confirmed valid source saying they have X amount of hardware, or be tied into with hardware company. Really this would prevent a lot of the scams out there.

It would not stop all sadly. Gaw miners and Asic Miner's hashing are two examples of failures of this theory. But 2 is still small compared to the amount of sites that have come and gone calling them self's cloud mining sites.

So more research you do the better. And don't get all your info from one source.

shanerc563

sr. member

Activity: 322

Merit: 250

★777Coin.com★ Fun BTC Casino!

When it comes to cloud mining, you need to check you ROI (Return On Investment) and the fees you are going to be paying. You need to be careful, for there are a number of cloud mining scam sites out there that will take your money and run. Some of them look legit and then fold up. So take advise from your peers and do your research before you make any larger investments into cloud mining. You may be better with pool mining where you own your equipment and earn through joining a pool. Again, just my opinion.

Topic: Cloud Mining - Please help a newbie - page 12. (Read 82202 times)