Cloud mining profit - page 3. | Bitcointalksearch.org

Zeta0S

legendary

Activity: 1890

Merit: 1031

Quote from: AizenSou on October 22, 2014, 03:00:34 PM

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.

Yes, Genesis Mining already roi. Got a Vochercode (MOON) so i had 5% discount.
And whit Hashlets Roi in 14 days, after i sold my Prime Hashlets for 50 bucks! (got them for 16 bucks)
I got hashlets for free to becorse i was a rearly buyer, sold them, even more profit!
Made a payout and sold my bitcoisn on koop-bitcoin.nl
Hashlets made me a lot of €€

AizenSou

hero member

Activity: 938

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Quote from: AirFlame on October 22, 2014, 04:27:59 PM

Mt.Gox was also running for over a year until it blew in our faces.

Did you read my statement above?

Quote

Yes high risk and huge return investment indeed. Don't invest the money you can't afford to lose there.

If we're sure 100% about things like that, I would loan a shitload of money to invest in this. No one forces you to invest in it.

AirFlame

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Mt.Gox was also running for over a year until it blew in our faces.

AizenSou

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Quote from: maku on October 22, 2014, 12:03:52 PM

Quote from: Snipe85 on October 22, 2014, 10:30:56 AM

Looks to me like their payouts are being pumped up to gather more greedy investors and bail.
They could still sell their shares if thir payouts were lower, but the higher they are the more people will be willing to pay.
As the old saying goes if something looks too good to be true it probably is Wink

You could not say that better. I get the impression that this LTC cloud mining is initial attack aimed at greedy investors who are willing to bet on it. After great beginning and good starting payouts it is going to collapse like a house of cards. I am a bit wary of trusting LTC. As you say - too good to be true.

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.

maku

legendary

Activity: 1288

Merit: 1000

Quote from: Snipe85 on October 22, 2014, 10:30:56 AM

Looks to me like their payouts are being pumped up to gather more greedy investors and bail.
They could still sell their shares if thir payouts were lower, but the higher they are the more people will be willing to pay.
As the old saying goes if something looks too good to be true it probably is Wink

You could not say that better. I get the impression that this LTC cloud mining is initial attack aimed at greedy investors who are willing to bet on it. After great beginning and good starting payouts it is going to collapse like a house of cards. I am a bit wary of trusting LTC. As you say - too good to be true.

Snipe85

sr. member

Activity: 756

Merit: 250

Infleum

Looks to me like their payouts are being pumped up to gather more greedy investors and bail.
They could still sell their shares if thir payouts were lower, but the higher they are the more people will be willing to pay.
As the old saying goes if something looks too good to be true it probably is Wink

Medow

sr. member

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Merit: 250

Thank you AizenSou , there a very good info there.

AizenSou

hero member

Activity: 938

Merit: 1000

Quote from: Medow on October 21, 2014, 12:18:58 PM

Hello:

First of all. i would like to ask how it is possible that LTCgear is providing that cheap hash power with almost 5 USD for 1 Mh?
What kind of asic equipments do you think they are used?
I think by providing 5 USD/Mh which including power, cooling, internet, mentinance ... etc. This make me think they have asic equipments with less than 3 USD per Mh in total.

Second, i live in a country where electricity price is cost 2.5 cent per kw in resident area and 3.5 cent per kw in industrial area, there for i am asking the above question to determine if it is profitable to make a cloud mining service or not.

I am open mind for suggestion.

We already have some nice discussions about all possibility over here.
https://litecointalk.org/index.php?topic=22433.120

Would be redundant to repost the analysis here. Try to grab the info there.

Regards,

Medow

sr. member

Activity: 357

Merit: 250

Hello:

First of all. i would like to ask how it is possible that LTCgear is providing that cheap hash power with almost 5 USD for 1 Mh?
What kind of asic equipments do you think they are used?
I think by providing 5 USD/Mh which including power, cooling, internet, mentinance ... etc. This make me think they have asic equipments with less than 3 USD per Mh in total.

Second, i live in a country where electricity price is cost 2.5 cent per kw in resident area and 3.5 cent per kw in industrial area, there for i am asking the above question to determine if it is profitable to make a cloud mining service or not.

I am open mind for suggestion.

Topic: Cloud mining profit - page 3. (Read 3337 times)