cloudminr.io - not legit at all? - page 2.

malaimult

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Quote from: Mabsark on December 08, 2014, 11:13:48 AM

Quote from: SpanishSoldier on December 08, 2014, 07:15:49 AM

Better to stay away from AM hash.

1. Their payment is 55%-65% of the ideal amount.

AMHash has maintenance costs. Miners are not magical devices powered by hopes and dreams, they require electricity to run. Electricity costs money. AMHash's fees are precisely stated and are actually a fair bit cheaper than other legitimate services. Of course, if you compare AMHash to a ponzi service that makes ridiculously unrealistic claims such as having 5 year contracts, lowest initial cot in the industry and no maintenance/electricity/hidden fees, then of course the ponzi service is going to seem like a better deal. Right up until they run away your money.

Some cloud mining companies (primarily PBmining) force their customers to prepay for electric/maintenance costs. This means that if you were to amortize the cost of electricity over the cost of the contract then the effective maintenance could potentially be more then the revenue from the contract. On the other side however prepaying for electricity, likely means that you are able to realize a discount for the overall cost of electricity

chiefraven

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Quote from: peonminer on December 08, 2014, 06:22:35 PM

I feel like 'cloud mining services' is a bunch of hogwash. Elaborate cat and mouse.

damn, this a face slap of reality check. thanks lol.

but what about sites like hashnest by bitmain, i think they are legit. as for pbmining and cloudminr not so sure..

monetizator4

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Quote from: tsaroz on December 07, 2014, 08:47:54 AM

Ha, I have gave up trying to find a real profitable cloud mining service.

You have to choose between real (or legit) and profitable

cloudminr.io repeats the business-scheme of hashprofit: offers 100 ghs for testing but to withdraw your earning you have to buy real ghs (from 0.05 BTC).

peonminer

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Crypto is King.

I feel like 'cloud mining services' is a bunch of hogwash. Elaborate cat and mouse.

Mabsark

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Quote from: SEnergy on December 08, 2014, 05:41:48 PM

about you and SpanishSoldier complaining about AMHash when this thread is aimed towards cloudminr.io

I wasn't complaining about AMHash, I was pointing out to SpanishSoldier that legitimate services have costs and state those costs. Scam services don't state their costs and can therefore pay you whatever they feel like. They can also charge whatever they want for their service because they don't actually have any miners. That applies to cloudminer.io and the link I posted has more evidence against them.

SEnergy

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Quote from: Mabsark on December 08, 2014, 05:06:22 PM

Quote from: SEnergy on December 08, 2014, 04:14:52 PM

to give more evidence to people who are new here or don't really know much about cloud mining scams ...

So what are you complaining about then?

about you and SpanishSoldier complaining about AMHash when this thread is aimed towards cloudminr.io

Mabsark

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Quote from: SEnergy on December 08, 2014, 04:14:52 PM

to give more evidence to people who are new here or don't really know much about cloud mining scams ...

So what are you complaining about then?

SEnergy

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Quote from: Mabsark on December 08, 2014, 03:52:38 PM

Quote from: SEnergy on December 08, 2014, 03:43:40 PM

me asking if they are legit was a rhetorical question, which you should realize after reading the topic, especially after I said "make your mind" and gave evidence

Your point being?

to give more evidence to people who are new here or don't really know much about cloud mining scams ...

Mabsark

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Quote from: SEnergy on December 08, 2014, 03:43:40 PM

me asking if they are legit was a rhetorical question, which you should realize after reading the topic, especially after I said "make your mind" and gave evidence

Your point being?

SEnergy

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me asking if they are legit was a rhetorical question, which you should realize after reading the topic, especially after I said "make your mind" and gave evidence

Mabsark

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Yes, I read your thread.

The title is asking whether cloudminr.io is legit or not. No, it is not legit.

Then you said:

Quote from: SEnergy on December 07, 2014, 08:00:01 AM

I was looking for some cloud mining that has good price and acceptable fees, however since there is shitload of scams with this I started to read ToS and look at the source code of the website, what happened with cloudminr.io is funny and sad at the same time, make your mind:

I replied that most of them are scams and that people can get an impartial review of such services from the link I provided.

Then you provide some evidence to support your claim of them being a scam. Your evidence isn't required. Cloudminr.io refuse to provide any evidence of their legitimacy, they're quite obviously a scam.

SEnergy

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did you read my thread at all or just thread name? ...

Mabsark

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Quote from: SEnergy on December 08, 2014, 02:11:47 PM

okay, can you both start talking about AMHash in AMHash thread or via PM? this is about cloudminr ...

Cloudminr.io is a ponzi service. Most cloud mining services are and they flat-out refuse to provide any evidence of legitimacy. Anyone looking for an impartial review of cloud mining services should check out Puppet's Cloudmining 101 thread.

SEnergy

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okay, can you both start talking about AMHash in AMHash thread or via PM? this is about cloudminr ...

Mabsark

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Quote from: SpanishSoldier on December 08, 2014, 07:15:49 AM

Better to stay away from AM hash.

1. Their payment is 55%-65% of the ideal amount.

AMHash has maintenance costs. Miners are not magical devices powered by hopes and dreams, they require electricity to run. Electricity costs money. AMHash's fees are precisely stated and are actually a fair bit cheaper than other legitimate services. Of course, if you compare AMHash to a ponzi service that makes ridiculously unrealistic claims such as having 5 year contracts, lowest initial cot in the industry and no maintenance/electricity/hidden fees, then of course the ponzi service is going to seem like a better deal. Right up until they run away your money.

SpanishSoldier

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Quote from: Mabsark on December 07, 2014, 10:31:02 AM

Quote from: sandykho47 on December 07, 2014, 09:34:10 AM

It's hard to find real cloud mining now.

It's not that hard. Just get your cloud hashing direct from the ASIC manufacturers.

Better to stay away from AM hash.

1. Their payment is 55%-65% of the ideal amount.

2. Their partner RockMiner has stopped hardware development and a dying company, but they are selling more hashpower without adding hardware.

3. Their handshake with hashie shows how desperate they are to boost sales to keep the payment on without hardware (yes, i know they showed some hardware once upon a time).

4. They are giving bonus to people who invested more. This is very dangerous thing and indicates that they're trying to pay with customer's fund, i.e. Ponzi.

fireneo

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I suggest looking into hashnest by bitmain.

I dont think most cloud sites out there like pbmining actually have hardware, honestly. Its why they go based on a formula etc.

Mabsark

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Quote from: sandykho47 on December 07, 2014, 09:34:10 AM

It's hard to find real cloud mining now.

It's not that hard. Just get your cloud hashing direct from the ASIC manufacturers.

sandykho47

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Knowledge its everything

Some people said this site is scam & same owner with luna-mine

It's hard to find real cloud mining now.

Quote from: tsaroz on December 07, 2014, 08:47:54 AM

Ha, I have gave up trying to find a real profitable cloud mining service.

Just try old legit cloud mining

tsaroz

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Vave.com - Crypto Casino

Ha, I have gave up trying to find a real profitable cloud mining service.

Topic: cloudminr.io - not legit at all? - page 2. (Read 6450 times)