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Topic: Cloud Mining - Please help a newbie - page 9. (Read 82202 times)

hero member
Activity: 588
Merit: 500
January 05, 2016, 11:55:16 PM
www.CloudMining.website has deployed new miners and started High Performance Bitcoin Mining.

Read: High Performance Bitcoin Mining

For entry level bitcoin miners, this is the best time to invest...
I smell something bad here.  I just made an account with them and 2 of the 4 pages I clicked were down.  When I did the calculator part of the page, they are calculating .007 on a return of .01 BTC.  The return sounds a bit off, but I may be miscalculating on my part.  Something does not smell right with them. 
legendary
Activity: 1456
Merit: 1000
January 05, 2016, 07:33:53 PM
www.CloudMining.website has deployed new miners and started High Performance Bitcoin Mining.

Read: High Performance Bitcoin Mining

For entry level bitcoin miners, this is the best time to invest...

I understand nothing about this cloudmining since all my earning is 'unvisible" a,d my GH/s "inactice"
and you ? do you understand?

I think that is saying all old investors are done... now they want to offer one they say is higher performance.

What is old hardware you were using?  Also what will be the new "high performance miners were ready".  With being ready seems you could say what miner your using.
legendary
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
January 05, 2016, 03:45:36 PM
www.CloudMining.website has deployed new miners and started High Performance Bitcoin Mining.

Read: High Performance Bitcoin Mining

For entry level bitcoin miners, this is the best time to invest...

I understand nothing about this cloudmining since all my earning is 'unvisible" a,d my GH/s "inactice"
and you ? do you understand?
hero member
Activity: 784
Merit: 501
January 05, 2016, 03:39:02 PM
www.CloudMining.website has deployed new miners and started High Performance Bitcoin Mining.

Read: High Performance Bitcoin Mining

For entry level bitcoin miners, this is the best time to invest...
full member
Activity: 132
Merit: 100
January 05, 2016, 03:26:53 PM
I dont think there are many cloud mining websites criminally fraudulent ponzi-based schemes like CMW, which has paid consistently for so long.

There, fixed it for you.
I wonder, how did it keep running for so long?
legendary
Activity: 1456
Merit: 1000
January 01, 2016, 06:00:47 PM
why would you want to cloudmine bitcoins nowadays when so much websites turn to scams and it is so unprofitable
I agree with this and it is basic common sense.  This of it like a real mine.  If you have 10 mines making you $100 per day each, you are making $10,000 a day letting them mine for you.  Why would you lease these mines out for $90 a day each just to loose $10 per day.  Cloud mining is useless and does not add up.

The reason is they have the space and can get a quick profit.   If they can make ROI and build even more by selling a miner, that is smart buisness.  Instead of months to get ROI they can do it in a day... that is a lot of saved time.  And they I think make a decent profit off sale and then they make profit on running them so creates a monthly income on a new source.

So this if anything allows them to get bigger in most cases.  And at end most own the gear... so that is the cherry on top for these sites.  Look at hashnest it is very popular.  I know I like to get the gear as I enjoy tinkering with it, but for all is not a possibility.  So sites like hashnest do serve a purpose.
hero member
Activity: 588
Merit: 500
January 01, 2016, 05:02:14 PM
why would you want to cloudmine bitcoins nowadays when so much websites turn to scams and it is so unprofitable
I agree with this and it is basic common sense.  This of it like a real mine.  If you have 10 mines making you $100 per day each, you are making $10,000 a day letting them mine for you.  Why would you lease these mines out for $90 a day each just to loose $10 per day.  Cloud mining is useless and does not add up.
sr. member
Activity: 504
Merit: 250
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January 01, 2016, 03:43:57 PM
why would you want to cloudmine bitcoins nowadays when so much websites turn to scams and it is so unprofitable
full member
Activity: 210
Merit: 100
January 01, 2016, 11:57:12 AM
Judging from some of the posts cloud mining is not a good idea?

It depends. It is a viable way to invest your btc but do not expect very high returns. In addition to that, there are alot of scam services. Like any invesment, youll have to research and make your own judegement
sr. member
Activity: 504
Merit: 251
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January 01, 2016, 08:57:30 AM
Judging from some of the posts cloud mining is not a good idea?
full member
Activity: 210
Merit: 100
January 01, 2016, 04:48:15 AM
whats your think about zeushash ? i just invest some bits thier now i'm getting  1$ / month
do you advise me to invest more BTC thier? or u can tell me which company good for mining ?

no, invest only in bit-x or hashnest at this point, the rest might be scammer, maybe they pay you at first, only to gaina  little trust but then they will scam you some way

by increasing fee, by suspending your hash etc...

bit x is great but its not like all others are scammer there are also some other old cloud mining website like one you can see in my signature they are old and paying .

if you can get profit from cloud mining or not its depends on you how you handle it

well i've said hashnest, and then you have genesis minign but their rate is not good at all compared to the former

so you have two choice only

I'm using miningsweden as well. it's a new operation but the operator is pretty forthcoming and transparent about his operation.

I need more proof then they show.  Where are they located on datacenter?   Is there pictures of datacenter, and miners?

I just don't see any mention of what hardware... which is something that makes it a no go for me.  I need concrete proof of mining with X hardware and it to be a valid claim.

They did post quite a few photos and a video on their mining operation around June. I am not sure are there any updates. Regarding what hardware they use, it's all listed in what you buy. They started with s5 and now they are offering s7 shares as well. Just these two miners so far. The only thing is that their site is quite incomplete, and they do not provide which pool they are mining at
full member
Activity: 211
Merit: 100
December 26, 2015, 11:17:43 PM
Cloudmining.website is likely to be another ponzi scheme.
full member
Activity: 182
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
December 26, 2015, 11:13:35 PM
When will people ever learn Embarrassed



I finally used my damn brain. I am just letting any cloud mining run it's course until it dies and not likely to invest any more in it.

I will likely just buy and maintain my miners and trade the altcoins mined and held from this.
legendary
Activity: 1456
Merit: 1000
December 26, 2015, 10:27:46 PM
whats your think about zeushash ? i just invest some bits thier now i'm getting  1$ / month
do you advise me to invest more BTC thier? or u can tell me which company good for mining ?

no, invest only in bit-x or hashnest at this point, the rest might be scammer, maybe they pay you at first, only to gaina  little trust but then they will scam you some way

by increasing fee, by suspending your hash etc...

bit x is great but its not like all others are scammer there are also some other old cloud mining website like one you can see in my signature they are old and paying .

if you can get profit from cloud mining or not its depends on you how you handle it

well i've said hashnest, and then you have genesis minign but their rate is not good at all compared to the former

so you have two choice only

I'm using miningsweden as well. it's a new operation but the operator is pretty forthcoming and transparent about his operation.

I need more proof then they show.  Where are they located on datacenter?   Is there pictures of datacenter, and miners?

I just don't see any mention of what hardware... which is something that makes it a no go for me.  I need concrete proof of mining with X hardware and it to be a valid claim.

Keep in mind around half of the images of datacenters posted by companies here have been fake so far, if not more. People need to push for VERIFIED images.

That is why companies vouching for gear is a big deal.  I know Bitfury has done it at least once.  And of-course there is hashnest which we know is tied to bitmain.

Hashnest you really cant go wrong with.  I highly recommend researching before investing in cloud, sadly to many scam sites.
sr. member
Activity: 350
Merit: 250
December 26, 2015, 06:17:11 PM
whats your think about zeushash ? i just invest some bits thier now i'm getting  1$ / month
do you advise me to invest more BTC thier? or u can tell me which company good for mining ?

no, invest only in bit-x or hashnest at this point, the rest might be scammer, maybe they pay you at first, only to gaina  little trust but then they will scam you some way

by increasing fee, by suspending your hash etc...

bit x is great but its not like all others are scammer there are also some other old cloud mining website like one you can see in my signature they are old and paying .

if you can get profit from cloud mining or not its depends on you how you handle it

well i've said hashnest, and then you have genesis minign but their rate is not good at all compared to the former

so you have two choice only

I'm using miningsweden as well. it's a new operation but the operator is pretty forthcoming and transparent about his operation.

I need more proof then they show.  Where are they located on datacenter?   Is there pictures of datacenter, and miners?

I just don't see any mention of what hardware... which is something that makes it a no go for me.  I need concrete proof of mining with X hardware and it to be a valid claim.

Keep in mind around half of the images of datacenters posted by companies here have been fake so far, if not more. People need to push for VERIFIED images.
legendary
Activity: 1456
Merit: 1000
December 26, 2015, 03:25:31 PM
whats your think about zeushash ? i just invest some bits thier now i'm getting  1$ / month
do you advise me to invest more BTC thier? or u can tell me which company good for mining ?

no, invest only in bit-x or hashnest at this point, the rest might be scammer, maybe they pay you at first, only to gaina  little trust but then they will scam you some way

by increasing fee, by suspending your hash etc...

bit x is great but its not like all others are scammer there are also some other old cloud mining website like one you can see in my signature they are old and paying .

if you can get profit from cloud mining or not its depends on you how you handle it

well i've said hashnest, and then you have genesis minign but their rate is not good at all compared to the former

so you have two choice only

I'm using miningsweden as well. it's a new operation but the operator is pretty forthcoming and transparent about his operation.

I need more proof then they show.  Where are they located on datacenter?   Is there pictures of datacenter, and miners?

I just don't see any mention of what hardware... which is something that makes it a no go for me.  I need concrete proof of mining with X hardware and it to be a valid claim.
full member
Activity: 210
Merit: 100
December 26, 2015, 04:23:03 AM
whats your think about zeushash ? i just invest some bits thier now i'm getting  1$ / month
do you advise me to invest more BTC thier? or u can tell me which company good for mining ?

no, invest only in bit-x or hashnest at this point, the rest might be scammer, maybe they pay you at first, only to gaina  little trust but then they will scam you some way

by increasing fee, by suspending your hash etc...

bit x is great but its not like all others are scammer there are also some other old cloud mining website like one you can see in my signature they are old and paying .

if you can get profit from cloud mining or not its depends on you how you handle it

well i've said hashnest, and then you have genesis minign but their rate is not good at all compared to the former

so you have two choice only

I'm using miningsweden as well. it's a new operation but the operator is pretty forthcoming and transparent about his operation.
member
Activity: 63
Merit: 10
December 24, 2015, 06:29:35 PM
I looked at this and I agree that it looks good and worth a shot, but I would never recommend cloud mining.  Think about this, I have said it before, if You a own a cloud mining setup, you own all the equipment; would you want to take $2,000 in monthly payments when your mining system will make you $2,400???  Of coarse not, so where is the benefit of cloud mining for the people who own the mines?
legendary
Activity: 2240
Merit: 1254
Thread-puller extraordinaire
December 24, 2015, 05:38:02 AM
I dont think there are many cloud mining websites criminally fraudulent ponzi-based schemes like CMW, which has paid consistently for so long.

There, fixed it for you.
legendary
Activity: 1204
Merit: 1000
December 24, 2015, 03:53:24 AM
From my experience i enrolled only once and didn't have a good experience.
I earned from a cloud mining and with the profit i re-invested and got scammed as they collapse.
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