Cloud mining still profitable | Bitcointalksearch.org

newcoins1978

sr. member

Activity: 406

Merit: 250

Quote from: Bitcoinbro on December 31, 2015, 10:15:38 AM

I tried the following cloud mining companies
GAW Miners: Lost 60% of my investment
LTC Gear: Lost 10% of my investment
Zeus: Lost 40% of my investment
Genesis Mining: Lost 70% of my investment
Hashnest: Lost 20% of my investment (so far)

So yes cloud mining is just not profitable, if you see in which companies i participated it's fair to say it wasn't profitable ever...

This!

Those companies are the middle man, so mining directly is always better/ more profitable.
With so many cloud mining companies started, it's normal for them it is profitable. But not for their investors.

winspiral

legendary

Activity: 1778

Merit: 1026

Free WSPU2 Token or real dollars

Quote from: crazyivan on December 31, 2015, 05:05:01 AM

Quote from: crairezx20 on December 31, 2015, 04:26:43 AM

Quote from: MTBTT on December 31, 2015, 03:24:20 AM

Quote from: crairezx20 on December 30, 2015, 02:55:48 PM

Cloud mining is not a profitable and it will scam you in the end and if you promote this site this is not a good site to promote it.
Because ponzi is ponzi anytime your invested bitcoins can run by the owners... So be careful

I think there are many mining sites that are actually mined using a mining tool, and not a ponzi like bits x, hashnet, and others
but I see the site of the original mine. ROI time. return on investment will be very long maybe 5-9 months
This differs from the cloudmining ponzi, very fast ROI

Honestly i dont trust any cloudmining website becausethey are anonimous and there is no personal imformation to the owners.
So meaning its a ponzi anytime you can be scam even a low roi or high roi it will scam you.
i have been experience to be scam many times in any investment site and any cloud mining site.
So i dont trust any cloud mining site anymore..

Well, the more time passes, I tend to agree to this one, more and more every day. If you cannot control your investment directly, there s always a danger of somebody running away with your money. This is why I like Proof of Stake coins, DMD Diamond, especially. Honest people do honest stuff.

I'm each time upset when I read about cloudmining...
The problem is I cannot proof it...
How can one proof it that an cloudming does not turn scam?
It is impossible to proof it "before".

I read often:be careful
How can one be careful before?
Impossible as well.

People said i'm a scammer.
of course they cannot proof it...because i have never scammed.
Then other people say:i will scam

Ok...i can not proof I will never scam...
it is the snake eating its queue...(lol)

Quote

I tried the following cloud mining companies
GAW Miners: Lost 60% of my investment
LTC Gear: Lost 10% of my investment
Zeus: Lost 40% of my investment
Genesis Mining: Lost 70% of my investment
Hashnest: Lost 20% of my investment (so far)

So yes cloud mining is just not profitable, if you see in which companies i participated it's fair to say it wasn't profitable ever...

try My U
cloudlining...and you will see if you lose too...

Bitcoinbro

sr. member

Activity: 420

Merit: 250

I tried the following cloud mining companies
GAW Miners: Lost 60% of my investment
LTC Gear: Lost 10% of my investment
Zeus: Lost 40% of my investment
Genesis Mining: Lost 70% of my investment
Hashnest: Lost 20% of my investment (so far)

So yes cloud mining is just not profitable, if you see in which companies i participated it's fair to say it wasn't profitable ever...

HarryKPeters

hero member

Activity: 896

Merit: 1000

Live Stars - Adult Streaming Platform

Quote from: crairezx20 on December 31, 2015, 04:26:43 AM

Quote from: MTBTT on December 31, 2015, 03:24:20 AM

Quote from: crairezx20 on December 30, 2015, 02:55:48 PM

Cloud mining is not a profitable and it will scam you in the end and if you promote this site this is not a good site to promote it.
Because ponzi is ponzi anytime your invested bitcoins can run by the owners... So be careful

I think there are many mining sites that are actually mined using a mining tool, and not a ponzi like bits x, hashnet, and others
but I see the site of the original mine. ROI time. return on investment will be very long maybe 5-9 months
This differs from the cloudmining ponzi, very fast ROI

Honestly i dont trust any cloudmining website becausethey are anonimous and there is no personal imformation to the owners.
So meaning its a ponzi anytime you can be scam even a low roi or high roi it will scam you.
i have been experience to be scam many times in any investment site and any cloud mining site.
So i dont trust any cloud mining site anymore..

Even the cloud mining companies which are not anonymous are running a scam.

Investing today in hashnest (the only reliable cloud mining option) would hardly give you any value for your money.

sahliano

member

Activity: 98

Merit: 10

for my pc mining is out of question a long time ago it's better to do claiming faucets for half an hour then mining for a day

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: crairezx20 on December 31, 2015, 04:26:43 AM

Quote from: MTBTT on December 31, 2015, 03:24:20 AM

Quote from: crairezx20 on December 30, 2015, 02:55:48 PM

Cloud mining is not a profitable and it will scam you in the end and if you promote this site this is not a good site to promote it.
Because ponzi is ponzi anytime your invested bitcoins can run by the owners... So be careful

I think there are many mining sites that are actually mined using a mining tool, and not a ponzi like bits x, hashnet, and others
but I see the site of the original mine. ROI time. return on investment will be very long maybe 5-9 months
This differs from the cloudmining ponzi, very fast ROI

Honestly i dont trust any cloudmining website becausethey are anonimous and there is no personal imformation to the owners.
So meaning its a ponzi anytime you can be scam even a low roi or high roi it will scam you.
i have been experience to be scam many times in any investment site and any cloud mining site.
So i dont trust any cloud mining site anymore..

Well, the more time passes, I tend to agree to this one, more and more every day. If you cannot control your investment directly, there s always a danger of somebody running away with your money. This is why I like Proof of Stake coins, DMD Diamond, especially. Honest people do honest stuff.

crairezx20

legendary

Activity: 1638

Merit: 1046

Quote from: MTBTT on December 31, 2015, 03:24:20 AM

Quote from: crairezx20 on December 30, 2015, 02:55:48 PM

Cloud mining is not a profitable and it will scam you in the end and if you promote this site this is not a good site to promote it.
Because ponzi is ponzi anytime your invested bitcoins can run by the owners... So be careful

I think there are many mining sites that are actually mined using a mining tool, and not a ponzi like bits x, hashnet, and others
but I see the site of the original mine. ROI time. return on investment will be very long maybe 5-9 months
This differs from the cloudmining ponzi, very fast ROI

Honestly i dont trust any cloudmining website becausethey are anonimous and there is no personal imformation to the owners.
So meaning its a ponzi anytime you can be scam even a low roi or high roi it will scam you.
i have been experience to be scam many times in any investment site and any cloud mining site.
So i dont trust any cloud mining site anymore..

MTBTT

hero member

Activity: 504

Merit: 500

Quote from: crairezx20 on December 30, 2015, 02:55:48 PM

Cloud mining is not a profitable and it will scam you in the end and if you promote this site this is not a good site to promote it.
Because ponzi is ponzi anytime your invested bitcoins can run by the owners... So be careful

I think there are many mining sites that are actually mined using a mining tool, and not a ponzi like bits x, hashnet, and others
but I see the site of the original mine. ROI time. return on investment will be very long maybe 5-9 months
This differs from the cloudmining ponzi, very fast ROI

crairezx20

legendary

Activity: 1638

Merit: 1046

Cloud mining is not a profitable and it will scam you in the end and if you promote this site this is not a good site to promote it.
Because ponzi is ponzi anytime your invested bitcoins can run by the owners... So be careful

Wusolini

legendary

Activity: 1190

Merit: 1000

no need to carry heavy money bags anymore

Just stay with big players like Hasnest or BW and your profit is guaranteed ... not much but its profit.
personaly I like hasnests Pacmic contract as their V1 made me 0.03 BTC in 3 months for each Ths (1 BTC principal). V2 made only 0.02 BTC, V3 was quite better and V4 looks promising as well.

IMO most of so called cloudmining websites is using their service and cut their part of profit + can vanish any time.

MaritiJames3

sr. member

Activity: 448

Merit: 250

I got some hash with Cryptsy and yes it went down the drain. But i also bought hash with hashnest and so far it is still alive.
Not sure for how long since the prices on hashnest.com are going down too fast.

Already lost 60% of it's value..

jt byte

hero member

Activity: 994

Merit: 500

Quote from: hexitor on December 29, 2015, 09:24:45 PM

I use genesis-mining. I figured that for ROI, I have to wait around for 1.5 years. Perhaps 2 years after the halving.

And that's with the discount code applied too.

Yeah lol. Not laughing about you, but about their business model.

Genesis Mining is a form of scam but done legally. They started hyping their business the same way GAW and ZEUS mining did (both scams btw).

Their coupon codes doesn't make a different too.

Tstar

legendary

Activity: 1176

Merit: 1005

Decentralized Asset Management Platform

The screenshot look like from a ponzi "could mining" as it was said about.

CEX.io is still alive, but only as exchange.

And to your question - nope, it's not from at lease 10-12 months. It's most likely to be cough on a ponzi mining instead on a real cloud mining site, offering decent ROI.
Those ponzi cloud mining sites are available for ~300$ on different markets.

MTBTT

hero member

Activity: 504

Merit: 500

Quote from: isvicre on December 29, 2015, 08:33:36 AM

Quote from: MTBTT on December 28, 2015, 10:00:03 PM

I think for cex.io now has been a exchanger dude
I also think that mining is not profitable yet, very long time to get ROI in the cloudmining right now
it may take 5-7 months for ROI in cloudminning

I used Cex.io when they first launched the site. I don't care about their current operation, they already failed at cloud mining. We made so much money back then but most people lost money there.
If ROI is less than 150 days it's not cloud mining, it's ponzi.

Cex.io is trusted cloudmining i think
first when I first learned about gold, I was first mined in cex.io
I dont think it is a ponzi and i dont care because I was profited on there
until now cex.io still alive

hexitor

full member

Activity: 160

Merit: 100

I use genesis-mining. I figured that for ROI, I have to wait around for 1.5 years. Perhaps 2 years after the halving.

And that's with the discount code applied too.

KingZee

sr. member

Activity: 938

Merit: 452

Check your coin privilege

Quote from: amacar2 on December 29, 2015, 08:01:57 AM

Even the real mining is not profitable these days with current price of bitcoin and electricity cost. Than there is noway cloudmining can be profitable if it is real. Any site announcing their service as cloudmining is only a ponzi scheme if they don't show their real mining devices in their site.

And if you add the halving happening next year to the equation, you'd barely be sniffing block debris to try and get your ROI by then.

HarryKPeters

hero member

Activity: 896

Merit: 1000

Live Stars - Adult Streaming Platform

With hashnest you may or may not get your investment back.

From other cloud mining companies like; cloudmining.website, genesis mining, you are sure to lose on your investment.

Bitcoinbro

sr. member

Activity: 420

Merit: 250

Quote from: MaritiJames3 on December 29, 2015, 03:46:59 PM

Quote from: amacar2 on December 29, 2015, 08:01:57 AM

Even the real mining is not profitable these days with current price of bitcoin and electricity cost. Than there is noway cloudmining can be profitable if it is real. Any site announcing their service as cloudmining is only a ponzi scheme if they don't show their real mining devices in their site.

Most cloud mining are ponzi's yes, but companies like hashnest are not running a ponzi. I have some hash there and yes it's not really profitable, so when i got a chance I will sell my S5 hash.
The problem is that rise of the price, increased the difficulty, which is causing a lot of problems for miners.

The current difficulty and the old generation miners some cloud mining companies use, makes it too hard for them to make a profit.
So how can we expect investors to make profit?

MaritiJames3

sr. member

Activity: 448

Merit: 250

Quote from: amacar2 on December 29, 2015, 08:01:57 AM

Even the real mining is not profitable these days with current price of bitcoin and electricity cost. Than there is noway cloudmining can be profitable if it is real. Any site announcing their service as cloudmining is only a ponzi scheme if they don't show their real mining devices in their site.

Most cloud mining are ponzi's yes, but companies like hashnest are not running a ponzi. I have some hash there and yes it's not really profitable, so when i got a chance I will sell my S5 hash.
The problem is that rise of the price, increased the difficulty, which is causing a lot of problems for miners.

isvicre

hero member

Activity: 826

Merit: 1000

Quote from: MTBTT on December 28, 2015, 10:00:03 PM

I think for cex.io now has been a exchanger dude
I also think that mining is not profitable yet, very long time to get ROI in the cloudmining right now
it may take 5-7 months for ROI in cloudminning

I used Cex.io when they first launched the site. I don't care about their current operation, they already failed at cloud mining. We made so much money back then but most people lost money there.
If ROI is less than 150 days it's not cloud mining, it's ponzi.

amacar2

legendary

Activity: 1120

Merit: 1008

CryptoTalk.Org - Get Paid for every Post!

Even the real mining is not profitable these days with current price of bitcoin and electricity cost. Than there is noway cloudmining can be profitable if it is real. Any site announcing their service as cloudmining is only a ponzi scheme if they don't show their real mining devices in their site.

MTBTT

hero member

Activity: 504

Merit: 500

Quote from: isvicre on December 27, 2015, 06:15:05 PM

Which service is this? You didn't even write their name, I don't haven any info from that Dashboard screenshot.
I used Cex.io, Hashnest and Genesis Mining and I don't think cloud mining is profitable at any time. You have to make a lot of hash trades or you'll end up getting almost ROI prices or slight profit but that don't even cost your time.

I think for cex.io now has been a exchanger dude
I also think that mining is not profitable yet, very long time to get ROI in the cloudmining right now
it may take 5-7 months for ROI in cloudminning

robelneo

legendary

Activity: 3416

Merit: 1225

Quote from: ?? on ??

Looks like you have invested your money on ponzi cloud mining website Roll Eyes

There's no way legit cloud mining make refferal program, because all coins from mining already given to all members.

Also, don't believe in expected daily/weekly/monthly profit, it's just calculation. If bitcoin price/difficult suddenly change, your profit also'll be different.

I agree with you had a some doubts on cloud mining that offer huge referral commission like what you said it's already been distributed to all members I like doing faucets right now because there are now many faucets that gives you more bitcoins per seconds or minutes than mining had 4 faucets and I'm doing great on all of them

robelneo

legendary

Activity: 3416

Merit: 1225

Quote from: Rago on December 27, 2015, 05:16:46 PM

Hello all cloud miners

I use this service for my cloud mining

I found it very profitable

So how all you cloud miners doing all how much mine per day and use what cloud mining site, sites?

I'm surprise that you don't mention the site when you can make a profit by posting the site here with your affiliate link on it, If you cannot buy enough hash rate it is not profitable the more hash you buy the better one of my friend has a cloudmining account and some high paying faucets and told me it's more profitable doing faucets than cloud mining

isvicre

hero member

Activity: 826

Merit: 1000

Which service is this? You didn't even write their name, I don't haven any info from that Dashboard screenshot.
I used Cex.io, Hashnest and Genesis Mining and I don't think cloud mining is profitable at any time. You have to make a lot of hash trades or you'll end up getting almost ROI prices or slight profit but that don't even cost your time.

Rago

full member

Activity: 224

Merit: 100

Hello all cloud miners

I use this service for my cloud mining

I found it very profitable

So how all you cloud miners doing all how much mine per day and use what cloud mining site, sites?

Topic: Cloud mining still profitable (Read 1992 times)