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Topic: Cloud mining profit - page 2. (Read 3337 times)

legendary
Activity: 1400
Merit: 1001
October 23, 2014, 06:46:50 PM
#28
Just stay away from LTCgear if you don't trust it  Smiley I will laugh at all of you when I sit on my golden toilet next year  Cheesy (joking of course haha)

Golden toilet was a metaphor I think, but he is not far from truth. So for now I will wait and see what happen to the LTC in a year or so. Because at this moment there are many more solid offers on the market.
hero member
Activity: 938
Merit: 1000
October 23, 2014, 04:05:44 PM
#27
Just stay away from LTCgear if you don't trust it  Smiley I will laugh at all of you when I sit on my golden toilet next year  Cheesy (joking of course haha)

Golden toilet ? Your taste is sure weird, Erik Grin.
hero member
Activity: 693
Merit: 500
October 23, 2014, 02:59:08 PM
#26
Just stay away from LTCgear if you don't trust it  Smiley I will laugh at all of you when I sit on my golden toilet next year  Cheesy (joking of course haha)
hero member
Activity: 938
Merit: 1000
October 23, 2014, 02:49:36 PM
#25
I'm aware of your concerns but you can't deny the fact that his service's running flawlessly over one year, much longer than others well-known competitors. Not to mention that a lot of his customers  were getting ROI already.
Yes high risk and huge return investment indeed. Don't invest the money you can't afford to lose there.
Anyway it's still better than invest in many altcoins right now.

That's not an incredible achievement if they were around for over a year. I've seen people claim to have reached ROI with different providers in less than 4 months.

You sure don't do the math. ROI with ltcgear less than 2 months.

If they are on the market for a year, there should be people who quadrupled their LTCG investment by now.
When someone tells you "give me the money and I will double your investment in less than 2 months" he most likely wants to scam you Wink

ltcgear price is not cheap before. They just recently reduce the price to < 6$ / 1mhs with the new generation of chip. Yes I don't know whether someone who quadrupled their investment, but people who doubled their investment are a lot.
I rather do not give my money to a company who spent a lot for PR stuffs. Who paid 1m$ for btc.com actually ? Be my guest Wink

Doubling your investment isn't anything big right now. A lot of people achieved it with other cloud providers, but promising to do it in 2 months is an obvious lie and an attempt to gather more sheep Smiley
And what does PR have to do with any of it?

How did you know that it's a lie ? A lot of people got it already. No extravagant PRs mean reducing costs, better price for customers.

As for now there are really not many option for people who wants to invest in solid and secure cloud mining. Some lesser known companies which can scam you are a no - no for me.

Nothing is actually "solid and secure".
You don't like it, it's fine, but no need to call it scam, because still no scam exists with ltcgear.
Mod or OP please close the thread, no need to discuss this matter anymore.
legendary
Activity: 1400
Merit: 1001
October 23, 2014, 02:37:20 PM
#24
As for now there are really not many option for people who wants to invest in solid and secure cloud mining. Some lesser known companies which can scam you are a no - no for me.
sr. member
Activity: 462
Merit: 251
October 23, 2014, 09:55:15 AM
#23
I'm using hashlets. Why?
You can pay with a credit card, so it's completely safe.
Yoy're investing in a brick and mortar company, that you can visit or call, that doesn't hide their names and faces.
They've been paying a bit more than the competition, so it's profitable, and you can sell your hashlets on the marketplace.
I've reached ROI, so it's just pure profit now.
member
Activity: 112
Merit: 10
October 23, 2014, 09:33:43 AM
#22
ltcgear just happens to have more superior tech than any asics company now.

I believe that is correct.

I hope some one from LTCgear cut the shit shat and provide us withe some real tech info about their farm. At least transparency make more sales.

Yep I agree about the transparency part. But another problem might prevent the scaling of the farm when you have too many customers. Then a lot of expenses need to be spent, so you can't keep the best price anymore. Otherwise transparency in this case might cause harm for the owner too since everyone in the world knows who he is and where he is, and he's in charge of thousand BTCs. I would not reveal my identity if I had much BTCs.

Yup its dangerous, hacker and thief might be targeting him...
hero member
Activity: 938
Merit: 1000
October 23, 2014, 05:05:22 AM
#21
ltcgear just happens to have more superior tech than any asics company now.

I believe that is correct.

I hope some one from LTCgear cut the shit shat and provide us withe some real tech info about their farm. At least transparency make more sales.

Yep I agree about the transparency part. But another problem might prevent the scaling of the farm when you have too many customers. Then a lot of expenses need to be spent, so you can't keep the best price anymore. Otherwise transparency in this case might cause harm for the owner too since everyone in the world knows who he is and where he is, and he's in charge of thousand BTCs. I would not reveal my identity if I had much BTCs.
sr. member
Activity: 357
Merit: 250
October 23, 2014, 04:24:23 AM
#20
ltcgear just happens to have more superior tech than any asics company now.

I believe that is correct.

I hope some one from LTCgear cut the shit shat and provide us withe some real tech info about their farm. At least transparency make more sales.
hero member
Activity: 938
Merit: 1000
October 23, 2014, 03:43:52 AM
#19
the problem that make all this hard to believe is the MH price, we will not find an asic with the price of 5 Mh is the market (We are not counting power and other expenses). Unless they have a secret asic power which they are keep secret to use on their farm.

If the Zeus volcano does get released in December you have your $5/Mhash hardware right there which is the sales price and not the price to manufacture one.
If Zeus or anyone else already has their hands on these chips or similiar ones then it would definetly be possible  Smiley

LTCgear or any other site could be mining on multipools or other coins which are more profitable then LTC to gain a share of the income, this could make the shares sustainable.
These are all assumptions of course, only time will tell  Wink

?? You heard about bitmaintech ?
https://bitmaintech.com/productDetail.htm?pid=00020140830074550960Um75pnzg06E3

Deliver in Dec with 5$/1mhs. And they are legit company.

ltcgear just happens to have more superior tech than any asics company now.
hero member
Activity: 938
Merit: 1000
October 23, 2014, 03:41:58 AM
#18
I'm aware of your concerns but you can't deny the fact that his service's running flawlessly over one year, much longer than others well-known competitors. Not to mention that a lot of his customers  were getting ROI already.
Yes high risk and huge return investment indeed. Don't invest the money you can't afford to lose there.
Anyway it's still better than invest in many altcoins right now.

That's not an incredible achievement if they were around for over a year. I've seen people claim to have reached ROI with different providers in less than 4 months.

You sure don't do the math. ROI with ltcgear less than 2 months.

If they are on the market for a year, there should be people who quadrupled their LTCG investment by now.
When someone tells you "give me the money and I will double your investment in less than 2 months" he most likely wants to scam you Wink

ltcgear price is not cheap before. They just recently reduce the price to < 6$ / 1mhs with the new generation of chip. Yes I don't know whether someone who quadrupled their investment, but people who doubled their investment are a lot.
I rather do not give my money to a company who spent a lot for PR stuffs. Who paid 1m$ for btc.com actually ? Be my guest Wink
hero member
Activity: 693
Merit: 500
October 23, 2014, 03:39:15 AM
#17
the problem that make all this hard to believe is the MH price, we will not find an asic with the price of 5 Mh is the market (We are not counting power and other expenses). Unless they have a secret asic power which they are keep secret to use on their farm.

If the Zeus volcano does get released in December you have your $5/Mhash hardware right there which is the sales price and not the price to manufacture one.
If Zeus or anyone else already has their hands on these chips or similiar ones then it would definetly be possible  Smiley

LTCgear or any other site could be mining on multipools or other coins which are more profitable then LTC to gain a share of the income, this could make the shares sustainable.
These are all assumptions of course, only time will tell  Wink
sr. member
Activity: 357
Merit: 250
October 23, 2014, 03:35:08 AM
#16
the problem that make all this hard to believe is the MH price, we will not find an asic with the price of 5 Mh is the market (We are not counting power and other expenses). Unless they have a secret asic power which they are keep secret to use on their farm.
full member
Activity: 322
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
October 23, 2014, 03:13:13 AM
#15
which cloud mining would you choose?

Shameless plug for Hashie.co Smiley

We've just implemented auto-rebuy, where you can allocate a percentage (any amount from 0% to 100%) to reinvest into additional hashpower for your miner.

-Sahra
legendary
Activity: 1890
Merit: 1031
October 23, 2014, 02:56:35 AM
#14
which cloud mining would you choose?

For now, Genesis Mining, and GAW Hashlets.
Love them both.

Ow do not forget Genesis Is gonna launch Project X, you will make all kinds of gains!
Read more about project X here: http://www.bitcoinupdate.nl/home/het-genesis-mining-datacenter


Cool Genesis Video:
https://www.youtube.com/watch?v=VsWOKaXDo3Q

Dashboard Genesis Mining
https://www.youtube.com/watch?v=7NNyx3GMBnc


newbie
Activity: 23
Merit: 0
October 23, 2014, 12:50:30 AM
#13
which cloud mining would you choose?
legendary
Activity: 1890
Merit: 1031
October 23, 2014, 12:33:16 AM
#12
I think that GAW might still be more secure bet at this point. Just saying.

You mean this hashlet service?
http://badasscontent.com/Hashlets
legendary
Activity: 1400
Merit: 1001
October 22, 2014, 10:06:13 PM
#11
I think that GAW might still be more secure bet at this point. Just saying.
legendary
Activity: 1288
Merit: 1000
October 22, 2014, 08:37:28 PM
#10
I will just wait and see. For now I am a bit reluctant to purchase anything from LTC. When they will be still here in the next year, maybe. For now they are more secure options as far as cloud mining goes.
hero member
Activity: 938
Merit: 1000
October 22, 2014, 06:58:18 PM
#9
I'm aware of your concerns but you can't deny the fact that his service's running flawlessly over one year, much longer than others well-known competitors. Not to mention that a lot of his customers  were getting ROI already.
Yes high risk and huge return investment indeed. Don't invest the money you can't afford to lose there.
Anyway it's still better than invest in many altcoins right now.

That's not an incredible achievement if they were around for over a year. I've seen people claim to have reached ROI with different providers in less than 4 months.

You sure don't do the math. ROI with ltcgear less than 2 months.
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