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Topic: Cloud Mining Scam or legit - page 6. (Read 5134 times)

hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
October 03, 2017, 04:36:11 PM
#5
This is not what I have heard from someone or read somewhere on the internet but it's my personal experience that almost all of them are scam and are there to rip off your money. Some of them pay initially to early birds but eventually they disappear with your money so my personal advice based on my personal experience to you is don't trust any cloud mining and yes stay away from them.
newbie
Activity: 56
Merit: 0
October 03, 2017, 04:24:06 PM
#4
Stay away from cloud mining. Even if it was legitimate, it is a very slow process and the model behind the business doesn't make much sense to me - iirc, I ran some numbers and it was about 18 months to begin to see a ROI.
hero member
Activity: 1065
Merit: 510
October 03, 2017, 04:00:26 PM
#3
I am pretty new to bitcoin and have basically been using faucet sites to get started.
I know faucets are slow and labourious but at least they are giving me an insite into how bitcoin works
Cloud mining is something that i am seeing advertised a lot.
People will say it is a scam
Some people will say it is not a scam I know that

I would just like everyones opinion on it if that is ok

So is cloud mining a scam yes or no

Reasons why appreciated

Many Thanks
"SCAM"
Stay away from these things since they would just scam out your money and ended up on getting broke.Dont believe on anything which do offer too good to be true returns on a short period of time but yet there are service which do offer cloud mining which is genesis and hashflare but still i wont recommend these stuffs because mining isnt really profitable already as the days goes by considering on the mining difficulty.
legendary
Activity: 1414
Merit: 1039
October 03, 2017, 03:54:39 PM
#2
I am pretty new to bitcoin and have basically been using faucet sites to get started.
I know faucets are slow and labourious but at least they are giving me an insite into how bitcoin works
Cloud mining is something that i am seeing advertised a lot.
People will say it is a scam
Some people will say it is not a scam I know that

I would just like everyones opinion on it if that is ok

So is cloud mining a scam yes or no

Reasons why appreciated

Many Thanks

More often than not, cloud mining is a scam. Doubler sites may be masked under the name of cloud mining. Essentially, if you see something that has an insane payrate (120% every week) that just does not make sense, chances are that it is a scam. This applies for cloud mining.
newbie
Activity: 26
Merit: 0
October 03, 2017, 03:35:49 PM
#1
I am pretty new to bitcoin and have basically been using faucet sites to get started.
I know faucets are slow and labourious but at least they are giving me an insite into how bitcoin works
Cloud mining is something that i am seeing advertised a lot.
People will say it is a scam
Some people will say it is not a scam I know that

I would just like everyones opinion on it if that is ok

So is cloud mining a scam yes or no

Reasons why appreciated

Many Thanks
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