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Topic: Cloudmining experience - page 3. (Read 523 times)

jr. member
Activity: 280
Merit: 2
September 29, 2019, 05:16:18 AM
#33
90 percent of all cloudmining projects is a scam or you need to be very lucky to find a legit company. In my opinion, it is better to save some money and to built your own farm, instead of giving you money away for air.
sr. member
Activity: 1039
Merit: 256
September 29, 2019, 05:03:03 AM
#32
I had experience in using Genesis Mining. At the beginning it seemed that I would quickly return my invested money, but then when the market collapsed I lost a decent amount. Having such a bitter experience, I would not trust cloud mining.
hero member
Activity: 2268
Merit: 588
You own the pen
September 29, 2019, 04:33:21 AM
#31
Cloud mining was the first investment that I invest my own money with and it was the worst investment experience I ever had with a few money that I've got from my allowances I went to deposit some cash on our local exchange and bought Bitcoin and it was under $1000 at that time.

At first, the Cloud mining that I invest my money with, pays me every month for 2 straight months but after that, there are no payment again. the only thing that I receive from them is the error message. and we don't have anyone to talk to in their site. that's how brutal they are.

Thankfully with that experience, I came fully understand what cloud mining are they are some method to use to scam people. after that, if I heard something the same as cloud mining I ignored it because of my previous experience.

hero member
Activity: 2604
Merit: 816
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September 29, 2019, 04:00:43 AM
#30
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?

From that list, I think genesis mining still working until now because I still get some nice rewards for mining with them. I don't know with my account in Hashflare, but I think I cannot continue mining because my hashpower is not too big in that site. I already try with minergate and nicehash, and I think nicehash still working for me too. But I stop mining with those sites because I think that is not worth it for me if I continue. So be careful when you want to join them because cloud mining cannot stay for a long time and only use the money you can afford.
full member
Activity: 1148
Merit: 116
September 29, 2019, 03:53:40 AM
#29
Since there is not guarantee of when any cloud mining services will stop working this needs to be consider as a very big risk, more risky than investing in even ICO or IEO i will advice everyone to do better research better investing in any cloud mining services unless you just want to take the risk
full member
Activity: 1148
Merit: 116
September 29, 2019, 03:49:01 AM
#28
What about cloud mining situation now in 2019? Has it become profitable, or there are only Ponzi schemes?
Good question, i have tried to pull some answers together about present cloud mining services but its a shame that only eobot still exist and running, there are few new ones but i don't trust them and eobot is the best option left because its been around for a very long time now, this makes it the best reliable cloudmining in 2019 for now
sr. member
Activity: 489
Merit: 250
September 28, 2019, 10:03:25 PM
#27
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 few month ago i tryied with some cloued mining web site.first threee days i got some portion as my profit after that i got a e mail saying if i want i can re invest my profit for better income so i desided to invest my profit too after few weeks when i check my balance and all my mining power they just same as i brought i created support ticket and asked then they said all my income was redused to cover mining fee wf man i lost my all my money there.so dont invest with cloude mining invest on miner and mine any coin you want
member
Activity: 658
Merit: 10
September 28, 2019, 09:29:19 PM
#26
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?
cloudmining is quite convenient for some people who don't have enough money to buy GPU and some equipment to mine coins. But its capacity is not large enough for us to obtain long-term profit.
I also participated in cloudmining for a short time and felt that it didn't really bring the expected profit and everything was very slow. we can still make money from cloudmining, but it cannot be done on a large scale. so I gave up and invested in a new company called "mining city" and started buying hundreds of GPUs to mine coins better.
sr. member
Activity: 644
Merit: 257
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September 28, 2019, 09:22:04 PM
#25
Cloud mining isn't safe and too risky. They give too much percentage of profit and promise some members that joined a good fortune. Well, it is actually tempting and good at the start but that is not guaranteed. If you already joined networking you can noticed the similarity since it will only be good only in the beginning and slowly be gone and boom. SCAM!
sr. member
Activity: 798
Merit: 258
September 28, 2019, 07:31:09 PM
#24
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 remember when I was not aware of this forum that he shared with me that cloud mining, he mentioned that he can earn very little to do and that year 2015 and this time it is still good to see cloud mining , but when 2017 came around he was no longer the target because he was introduced to scammers, then the minergate I tested on desktop but he was not successful in me so I also spit him out because he can cure pc ko. This is my experience.
hero member
Activity: 3150
Merit: 636
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September 28, 2019, 06:58:57 PM
#23
I thank all the warning that I've seen on the forum that's why I didn't pursue my interest in cloud mining. And until now, when I see someone asks about cloud mining, I'm telling them that it's no longer profitable and they are prone to being scammed.

I still have an interest in mining but I'm still lacking funds for buying equipments.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
September 28, 2019, 12:20:35 PM
#22
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 appreciate very much that you are sharing your experience with cloudmining websites but I'm curious, why you decided to put your money in those websites trying to generate profits when it has been known for a very long time that doing such a thing is not profitable at all and that in many cases those websites were outright scams? However despite this it is a good idea to remind newbies from time to time about old scams so they do not fall into them.
sr. member
Activity: 784
Merit: 250
DIA | Data infrastructure for DeFi
September 28, 2019, 12:16:22 PM
#21
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.
sr. member
Activity: 1246
Merit: 306
September 28, 2019, 12:13:52 PM
#20
I remember that this subject was gathering the interest of everyone in the past, peoples in Bitcoin Talk were insane when talking about the cloud mining contracts and the ability to gather profits without even buying a real RIG or paying for electricity. The thing is that i do remember that i made profits by referring users to the platforms affording the contracts but they didn't persist, this type of business was fishy since the start and i didn't really expect it to explode like this and harm everyone but the fact is that Cloudmining is worthless, it was worthless and still having the same value, ZERO.
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
September 28, 2019, 11:17:54 AM
#19
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 most of the cases, cloud mining is a scam and i will never anyone to invest in this business. There might be few sites that are runing for some period of time but they too can scam anytime.
full member
Activity: 1344
Merit: 102
September 28, 2019, 11:13:54 AM
#18
From my experienced was not good, most of the cloud mining that I joined were not paying, 99% of them were really scam those days. It was really wasting my time those cloud mining sites, better investing in cryptos.  
Ucy
sr. member
Activity: 2674
Merit: 403
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September 28, 2019, 11:09:05 AM
#17
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 once mined Monero and few other Cryptocurrencies through Minegrate. I believe I mined substantial amount of the privacy coin but never bothered to withdraw it. I probably didn't have enough to withdraw after mining for many hours with my computers and mobile phone.

Cloud mining has become very unpopular these days. I would be surprised if any of the those sites still operate profitably.
member
Activity: 149
Merit: 12
September 28, 2019, 11:02:36 AM
#16
Cloud mining is one of the biggest mistification in crypto. Its very hard to earn money with it
full member
Activity: 149
Merit: 104
September 28, 2019, 11:02:24 AM
#16
My friend told me about cloud mining. Cloud mining was not successful for him and will never be successful, this is what he told me.
hero member
Activity: 2128
Merit: 530
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September 28, 2019, 10:50:53 AM
#15
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?
Yes I do make decent profit from HashOcean, I don't think most people here knew about the scheme, it was one of the most successful scam mining contact, ran for months and one day disappear with our money, the mistake I made was being greedy and re-invest my money back into the scheme.
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