I don't get it how for example Genesis, Hashcoins / Hasflare or Hashnest are not legit,
they pay based on what you agree when you buy contracts. Bitmain's Hashnest even allows to sell/trade your hashing power.
However not saying, that those are good investments.
I do not know where you found information that someone calling HashNest a scam ...? In OP you have info that Hashnest is
legit.
This thread has not been edited for a long time, and at the time when was made, were large objections to HashFlare ... to be honest, I still have them ...
Reading up his entire sentences it really turns out for me that he didn't even know on what hes talking about.This just simply signifies that he just post up without any confirmations or research into particular thing.Not only just posting up nonsense but also he do bumped this thread which shouldn't really be done.
I'm also sure that he has no idea what he is writing about, but I think that this thread should not be forgotten. Many people lost a lot of money on cloud mining ponzi. It is part of bad cryptoworld history, and showing up thread like this for new users can be good as a warning.
Its always been good to bump an old thread as long it does really have the main idea on whats cloud mining Ponzi all about rather than on creating multiple post towards it then its better to read up and bumped this one which would really be helpful among new members into this community.
A very new scam is hashperium, active since 6 days.
They advertise with profits of 11% per day and promise new members, to give them 135 GH/s start hashpower.
No team, no pictures of their hardware, only promising high profits, a classical ponzi - don't invest!
If you are greedy then those red flag indications would really be neglected since you do let your greed control you but if you smart enough you will notice these things which are really shady and most of the time there are complete scams.
