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Topic: Cloudmining experience - page 2. (Read 523 times)

sr. member
Activity: 357
Merit: 251
October 01, 2019, 03:28:15 AM
#53
Hashflare stop working SHA-256 and after mining enabled, my mining contract no work and i loose 2000$ Technical support say, "Its my problem" And hashflare no return money back.
full member
Activity: 862
Merit: 100
September 30, 2019, 02:33:11 PM
#52
I tried a lot of cloud mining solutions, but the most of them are very expensive. Generally, a one year mining contract brings you at its peak 5-15 percent profit if you take contract costs into consideration, so I just moved to Hashnest, where they are not trying to rob you with mining costs.

Cloud mining can be too risky. Even the best cloud mining is not immune from bankruptcy and hacker attacks. The database can be hacked. It is worth choosing sites on which frequent payments are provided, and withdrawing money to your wallet. High risk of fraud also presents. Too high profitability of cloud mining is the first sign of hype. Most likely, scammers sell customers non-existent capacities.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 30, 2019, 10:29:20 AM
#51
I remember when I have an account on hashocean, which is very popular at that time but suddenly, all of the accounts are losing their money in a big investment. The owner runs away from the members, and I don't know what's happens with the owner because I leave it behind and never take a look back again.

It is not recommended to try cloud mining because you need to deposit some money to get hash power to start mining. The return will be too long, and you don't know if the company still operate or not. If you want to feel how to mining, I suggest you start your mining rig at your home, but you need to think about the electricity fee. Never interfere with cloud mining, or you will regret it later.
member
Activity: 448
Merit: 10
September 30, 2019, 07:38:40 AM
#50
In my view no cloud mining concepts will work in the volatile crypto  market  . Any crypto trader can make money in crypto trading .Mining can be done only through own mining rigs at home
member
Activity: 490
Merit: 16
September 29, 2019, 01:32:08 PM
#49
Cloud mining is nothing but a scam, those platforms claiming that they own mining rigs are all lies, they have no real equipments or rigs and they haven't for once provide proofs that they actually own mining setups, its more like a ponzi scheme paying investors with investors money
sr. member
Activity: 1218
Merit: 251
September 29, 2019, 01:26:06 PM
#48
from the list of cloud mining above I've tried mining in hashflare with a one-year contract and it turned out to be very far from the word profit. even I did not return the investment. I think cloud mining is just a waste of time to wait for our coins to return
sr. member
Activity: 819
Merit: 251
September 29, 2019, 12:30:17 PM
#47
In 2017 i decided to give cloud mining a try and i did get to follow the best ones back then and the following are the ones that were very good until they stopped working excluding minergate and nicehash.
1 Genesing mining
2. Hashflare
3. Minergate
4. Nicehash
back then many fake and scam cloud mining websites did scam lots of people since not everyone can afford to build a mining rig but i was so lucky then until cloud mining stop been profitable, what about you guys? anyone on here that make better profits from cloud mining?
Minergate? I didn't try that one hashflare and nicehash only they are good once for me but I already quitted after so many websites claiming that they are the number one crypto mining and been almost a year running, in short just a scam. I am now more on trading though I still wanted to be involved in cloud mining someday if bitcoin will increase again.
Actually, I am a big fan of cloud mining since it started in the crypto field though the risk are there I still prefer to take it because I know it is worth it.
legendary
Activity: 3248
Merit: 1179
September 29, 2019, 12:22:56 PM
#46
what about you guys? anyone on here that make better profits from cloud mining?

I have negative experience when it comes to cloudmining.  I have invested in pbmining that were paying at first but later on shutdown.  I also invested on gawminer and bought zenminer , hashlet operated by Josh Garza and lost another sum of investment.  The only thing that got a good exit on their cloudmining is the CEX.io  but nevertheless I also lost some on this before I sold all my bought unit.  All in all, it is a horrible experience but we have to move on and learn from those experience.

Same here, I invested in couple cloud mining sites in 2015, and it`s like I throw away my money. I don`t even remember the names of these cloud mining sites. Since then when I see such site, I just move away.
I always advise people to stay away from cloud mining, no matter how tempting it is. I can`t believe that such sites still exists and that someone is investing in them.
legendary
Activity: 2954
Merit: 1153
September 29, 2019, 11:58:55 AM
#45
what about you guys? anyone on here that make better profits from cloud mining?

I have negative experience when it comes to cloudmining.  I have invested in pbmining that were paying at first but later on shutdown.  I also invested on gawminer and bought zenminer , hashlet operated by Josh Garza and lost another sum of investment.  The only thing that got a good exit on their cloudmining is the CEX.io  but nevertheless I also lost some on this before I sold all my bought unit.  All in all, it is a horrible experience but we have to move on and learn from those experience.
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
September 29, 2019, 11:33:56 AM
#44
In 2017 i decided to give cloud mining a try and i did get to follow the best ones back then and the following are the ones that were very good until they stopped working excluding minergate and nicehash.
1 Genesing mining
2. Hashflare
3. Minergate
4. Nicehash
back then many fake and scam cloud mining websites did scam lots of people since not everyone can afford to build a mining rig but i was so lucky then until cloud mining stop been profitable, what about you guys? anyone on here that make better profits from cloud mining?

I have a very unsatisfactory experience on cloud mining from both Genesis mining and Minergate.
I bought a USD fixed 2 years mining contract for Monero with bitcoin. Bitcoin quadrupled the price in the meantime while the total output of 2 years was less than the threshold minimum amount for withdrawal for monero.
Minergate changed my plans and terminated the lifetime mining scheme without any notice.
hero member
Activity: 983
Merit: 502
September 29, 2019, 11:29:45 AM
#43
In 2017 i decided to give cloud mining a try and i did get to follow the best ones back then and the following are the ones that were very good until they stopped working excluding minergate and nicehash.
1 Genesing mining
2. Hashflare
3. Minergate
4. Nicehash
back then many fake and scam cloud mining websites did scam lots of people since not everyone can afford to build a mining rig but i was so lucky then until cloud mining stop been profitable, what about you guys? anyone on here that make better profits from cloud mining?
In the first days I knew about the cryptocurrency market, I was involved in cloud mining.
The cloud platform that I invested in was Eobot, so far the platform still runs very well, but it doesn't generate any profits for me. If that day I used the money invested in Eobot to buy bitcoin, I would have had a much larger number of bitcoins than Eobot brought.
member
Activity: 532
Merit: 11
♦♦♦♦♦
September 29, 2019, 11:23:28 AM
#42
cloud minning not worth it for now from what i know. The ROI is quite too long, its kinda wasting times and also wasting your money, you can spend that money to invest on ico or IEO. or just do daily trading thats a lot of better than spend urs on cloud minning
hero member
Activity: 1274
Merit: 521
7enius - Your Cryptocurrency Marketing Consultant
September 29, 2019, 10:54:07 AM
#41
If you do the math, you'll see that every cloud mining don't worth

It's very very simple, you'll only gain money if the coin rise in value, so why not buy the coin directly?

Why do you prefer to gain your coins in a illusion that you are "mining", you will only mine if you have your asic, gpu, cpu or if you rent one and can mine the coin you want
I totally agree with you. At present cloud mining does not provide any benefit at all. Even when I first tried it, I only got my wasted time waiting for the coins I was mining. When you think about it, I'd better buy instant on the market instead of waiting very long with the same value.  But if buying physical equipment like GPUs looks still profitable if we mine the right coins.
hero member
Activity: 2268
Merit: 507
September 29, 2019, 10:46:02 AM
#40
Cloud mining = scam!!!!!
there will be no reason to explain if that was on a scam. Just take a look at even the real miners with their own rig got loss to mine crypto this day due to the difficulty and blockhalving.
Cloudmining will be forever scam and never be profitable.
sr. member
Activity: 1372
Merit: 322
September 29, 2019, 10:37:42 AM
#39
Almost all of the cloudmining sites are scam, they will create greed in your mind and later they will scam you certainly. Don't waste time and money behind it, better you start trading, that will give you some profits, at least you will not be scammed stupidly.
sr. member
Activity: 1036
Merit: 252
Dolphins Finance TRUSTED FINANCE
September 29, 2019, 09:07:23 AM
#38
In 2017 i decided to give cloud mining a try and i did get to follow the best ones back then and the following are the ones that were very good until they stopped working excluding minergate and nicehash.
1 Genesing mining
2. Hashflare
3. Minergate
4. Nicehash
back then many fake and scam cloud mining websites did scam lots of people since not everyone can afford to build a mining rig but i was so lucky then until cloud mining stop been profitable, what about you guys? anyone on here that make better profits from cloud mining?

i never invest in cloud mining company my friend
because i don't want to take a risk, by put my money to unknown source income, maybe few of them will show a picture or video
but personally i don't believe that mate, thats why i never invest in cloud mining until now
hero member
Activity: 2156
Merit: 711
Telegram @tokensfund
September 29, 2019, 08:53:58 AM
#37
In cloud mining, at first, you have to pick out the authentic cloud mining but the question is that how you can define as a real one, it's really a difficult task to find out a real cloud mining company, we see a lot of fake and scam could mining platform which could not carry out for a couple of months but some unaware people easily got impressed by their lucrative advertisement, not only that but also fake and paid reviews could be a reason people got tempted. So the crisis of credibility and acceptance is the main issue of this cloud mining platform.

Hashnest is one of the best and trusted cloud mining platform since 2014. Check all the current miners they are selling and the daily profit from this link - https://beta.hashnest.com/hash.
sr. member
Activity: 518
Merit: 271
September 29, 2019, 05:44:46 AM
#36
Well i've been on a lot cloudmining before and i must say in the start they are all paying but in the long run, your investment became obselete and tgey make slower to make bitcoins or alts in some cloud mining. But most of the cloud mining will became a scam afterwards when no more people buy their contracts no buyers of contract means no money to pay their current customers to conclude just stay away from those cloud mining if you don't want lose some money.
full member
Activity: 980
Merit: 109
September 29, 2019, 05:42:59 AM
#35
Yes, at that time I also collaborated with Hashflair and Genesis Mining. For over a year now I have not had any contracts with them. It makes no sense - the profit is either very small or not at all.
Now we need to switch to staking.
sr. member
Activity: 644
Merit: 253
Change Your Worlds Build a New Era!
September 29, 2019, 05:37:29 AM
#34
Big risk, little profit, it is not worth it.
I invested in many cloud mining services, they all exit except hashflare but after many reinvestment I couldn't reach roi. Invest, get profit, profit goes down, reinvest, get profit, profit goes down, reinvest and you will find yourself in circle of never ending reinvesting without getting any profit.
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