Cloudmining VS Investments(trading) - page 3.

dothebeats

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Quote from: Xialla on July 10, 2015, 02:54:33 PM

Quote from: dothebeats on July 10, 2015, 02:20:09 PM

Well, cloudmining wouldn't give you high passive earnings anyways, and if you're reading the Beginners and Help section, you would see that investing in a cloudmining site is never recommended by anyone there. However, you can make a little profit over there by trading your cloudmining shares (if it is being offered in the site). You will never directly earn from cloudmining, but trading the hashes will.

I really appreciate honest reply, even you (like OP), both promoting cloud mining company in signature. unfortunately, cloud mining is not like cloud computing, where you can actually save costs, but just trading of shares and betting on difficulty, instead of trading USD for BTC.

naturally is impossible to buy profitable contract from company, which own mining HW - simply because they can mine by their own and don't even bother with customers, which is not just time/resource consuming, but also exhausting..

Even I wear a signature from a cloudmining service, I still honestly believe that cloudmining isn't a profitable way to earn passive btc (unless you have a high share, then "maybe" you can earn some decent amount). Trading shares of cloudmining has a higher probability of giving you a nice amount, but that is more difficult than trading altcoins in the exchanges.

Xialla

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Quote from: SpanishSoldier on July 10, 2015, 04:05:19 PM

No darling. I am committed to them because they are paying consistently over eight months now. Can you please tell me one single cloud mining company that provides the following...

i. Mining address

ii. Sold hash power in real time

iii. Payment history of 6+ months

ohh dear, you are now trying to defend them, so cute:)

..but still, I'm missing some info. for example I really dunno, why they are hiding whois with WhoisGuard, Inc. service on it. Also is missing some info about mining facility, contact, names, photos, proofs...anything. Site looks like from some cheap doubling ponzi template.

you know what: read this amazing post https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387 and then you will maybe reconsider your previous post. we have deal?:)

SpanishSoldier

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Quote from: Xialla on July 10, 2015, 03:14:13 PM

Quote from: SpanishSoldier on July 10, 2015, 03:01:26 PM

Did you try the one in my sig ? Currently the cheapest, most stable and long standing one.

even is so sweet, how loyal you are to someone, who paying you, I briefly check their thread, read some comments and it looks like ponzi. Did they somewhere shown their mining facility or address, which receiving newly mined coins? I have really big doubts here..

No darling. I am committed to them because they are paying consistently over eight months now. Can you please tell me one single cloud mining company that provides the following...

i. Mining address

ii. Sold hash power in real time

iii. Payment history of 6+ months

If you do, please provide me their link where they provide these info and if you can not, please stop asking about mining address for selective companies...

Quote from: melody82 on July 10, 2015, 03:28:56 PM

Quote from: Xialla on July 10, 2015, 03:14:13 PM

Quote from: SpanishSoldier on July 10, 2015, 03:01:26 PM

Did you try the one in my sig ? Currently the cheapest, most stable and long standing one.

even is so sweet, how loyal you are to someone, who paying you, I briefly check their thread, read some comments and it looks like ponzi. Did they somewhere shown their mining facility or address, which receiving newly mined coins? I have really big doubts here..

Yeah, that site has a bad reputation. I would only put a little bit that you are willing to lose into hash there.

So does Bit-X. If you talk against one and not against others, your are virtually supprting them. Stop licking legs of big ad spenders. Show some spine.

melody82

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Quote from: Xialla on July 10, 2015, 03:14:13 PM

Quote from: SpanishSoldier on July 10, 2015, 03:01:26 PM

Did you try the one in my sig ? Currently the cheapest, most stable and long standing one.

even is so sweet, how loyal you are to someone, who paying you, I briefly check their thread, read some comments and it looks like ponzi. Did they somewhere shown their mining facility or address, which receiving newly mined coins? I have really big doubts here..

Yeah, that site has a bad reputation. I would only put a little bit that you are willing to lose into hash there.

Xialla

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Activity: 1036

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Quote from: SpanishSoldier on July 10, 2015, 03:01:26 PM

Did you try the one in my sig ? Currently the cheapest, most stable and long standing one.

even is so sweet, how loyal you are to someone, who paying you, I briefly check their thread, read some comments and it looks like ponzi. Did they somewhere shown their mining facility or address, which receiving newly mined coins? I have really big doubts here..

SpanishSoldier

sr. member

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Quote from: lahm-44 on July 10, 2015, 02:16:44 PM

bought some hashes in each actually in three site ..cex.io , scrypt.cc and bit-x..

I dunno what prompted you to chose these...
Cex.io: Stopped mining long ago.
Scrypt.cc: Got hacked some time ago.
Bit-X: Upcoming AM hash. Got 1 Phs vouch from BitMain and selling infine amount, till they collapse.

Quote from: lahm-44 on July 10, 2015, 02:16:44 PM

and so on i tryed the other site too...

Did you try the one in my sig ? Currently the cheapest, most stable and long standing one.

Xialla

legendary

Activity: 1036

Merit: 1001

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Quote from: dothebeats on July 10, 2015, 02:20:09 PM

Well, cloudmining wouldn't give you high passive earnings anyways, and if you're reading the Beginners and Help section, you would see that investing in a cloudmining site is never recommended by anyone there. However, you can make a little profit over there by trading your cloudmining shares (if it is being offered in the site). You will never directly earn from cloudmining, but trading the hashes will.

I really appreciate honest reply, even you (like OP), both promoting cloud mining company in signature. unfortunately, cloud mining is not like cloud computing, where you can actually save costs, but just trading of shares and betting on difficulty, instead of trading USD for BTC.

naturally is impossible to buy profitable contract from company, which own mining HW - simply because they can mine by their own and don't even bother with customers, which is not just time/resource consuming, but also exhausting..

anderson00673

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Quote from: dothebeats on July 10, 2015, 02:20:09 PM

Quote from: lahm-44 on July 10, 2015, 02:16:44 PM

today i got very confused and irritaded with some questions...like what will be better or we should say which is more risky..i check today some of the cloudmining sites and bought some hashes in each actually in three site ..cex.io , scrypt.cc and bit-x..
but i am not confused because when i checked the mining calculaters then the true faces are shown to me..
at First the shock i got is from the bit-x site..

Code:

when i opened the calculator..so it was showing 100ghash as default..i changed it with 35ghash and so i hit the calculate buttion but then i found that i will earn..about 13000-15000satoshi every day but then i thought about the mantainence fees and got that it was higher than my daily earning....so that clearly means it only accept the higher investments

after that i thought that maybe if i can avoid the mantainence fee then maybe i can make profit..
so then i visited scrypt.cc (its a less scured and less trustul with deposits as because it is usually getting hacked..)

Code:

i deposited 0.052btc and bought some khash...i got about 13020khash .so i went to calculator..and typed and increased the khash amount until i reached 1btc then i saw that its paying 0.007btc if i buy 1btc worth of khash...that means 0.7% everyday

and so on i tryed the other site too...
now after all lot of things like this i am thinking why we invest in cloudmining when we can trade and can make more than 1% daily and that is much safer from these things at least we will have control on owr coins

Well, cloudmining wouldn't give you high passive earnings anyways, and if you're reading the Beginners and Help section, you would see that investing in a cloudmining site is never recommended by anyone there. However, you can make a little profit over there by trading your cloudmining shares (if it is being offered in the site). You will never directly earn from cloudmining, but trading the hashes will.

Except me. I am making a nice income from hashnest, but to each his own. Trading alt coins is higher risk/reward, while hash gives a nice passive income. Last time I checked cex.io and bit-x, the hash returns were pretty bad. Most of the other ones are suspected ponzis, and scrypt.cc may or may not be a ponzi but it has low payouts right now. You can also try pacmic and loans on sites like Poloniex, but those pay at a lower rate (but still pretty good in the grand scheme of things).

BillyBones

full member

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This could be the reason that cloud mining bear all the hardware, electricity and mining equipments cost, so obviously they will look for the investment returns on their capital expenditure, as you mentioned if you do few more investment on them, perhaps you can see marginal profit as per your expectations.

dothebeats

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Quote from: lahm-44 on July 10, 2015, 02:16:44 PM

today i got very confused and irritaded with some questions...like what will be better or we should say which is more risky..i check today some of the cloudmining sites and bought some hashes in each actually in three site ..cex.io , scrypt.cc and bit-x..
but i am not confused because when i checked the mining calculaters then the true faces are shown to me..
at First the shock i got is from the bit-x site..

Code:

when i opened the calculator..so it was showing 100ghash as default..i changed it with 35ghash and so i hit the calculate buttion but then i found that i will earn..about 13000-15000satoshi every day but then i thought about the mantainence fees and got that it was higher than my daily earning....so that clearly means it only accept the higher investments

after that i thought that maybe if i can avoid the mantainence fee then maybe i can make profit..
so then i visited scrypt.cc (its a less scured and less trustul with deposits as because it is usually getting hacked..)

Code:

i deposited 0.052btc and bought some khash...i got about 13020khash .so i went to calculator..and typed and increased the khash amount until i reached 1btc then i saw that its paying 0.007btc if i buy 1btc worth of khash...that means 0.7% everyday

and so on i tryed the other site too...
now after all lot of things like this i am thinking why we invest in cloudmining when we can trade and can make more than 1% daily and that is much safer from these things at least we will have control on owr coins

Well, cloudmining wouldn't give you high passive earnings anyways, and if you're reading the Beginners and Help section, you would see that investing in a cloudmining site is never recommended by anyone there. However, you can make a little profit over there by trading your cloudmining shares (if it is being offered in the site). You will never directly earn from cloudmining, but trading the hashes will.

lahm-44

sr. member

Activity: 336

Merit: 250

today i got very confused and irritaded with some questions...like what will be better or we should say which is more risky..i check today some of the cloudmining sites and bought some hashes in each actually in three site ..cex.io , scrypt.cc and bit-x..
but i am not confused because when i checked the mining calculaters then the true faces are shown to me..
at First the shock i got is from the bit-x site..

Code:

when i opened the calculator..so it was showing 100ghash as default..i changed it with 35ghash and so i hit the calculate buttion but then i found that i will earn..about 13000-15000satoshi every day but then i thought about the mantainence fees and got that it was higher than my daily earning....so that clearly means it only accept the higher investments

after that i thought that maybe if i can avoid the mantainence fee then maybe i can make profit..
so then i visited scrypt.cc (its a less scured and less trustul with deposits as because it is usually getting hacked..)

Code:

i deposited 0.052btc and bought some khash...i got about 13020khash .so i went to calculator..and typed and increased the khash amount until i reached 1btc then i saw that its paying 0.007btc if i buy 1btc worth of khash...that means 0.7% everyday

and so on i tryed the other site too...
now after all lot of things like this i am thinking why we invest in cloudmining when we can trade and can make more than 1% daily and that is much safer from these things at least we will have control on owr coins

Topic: Cloudmining VS Investments(trading) - page 3. (Read 3584 times)