Topic: Effect of halving on cloud mining? (Read 1104 times)
I assume the cloud mining companies will put out an announcement saying that they are going to amend their pricing and factor in the upcoming block halving changes. I think there is no way that this event won't affect their calculations and budgeting because this basically cuts into their profits and if they would like to stay afloat and continue to operate earning a positive profit from all this they should do some changes sooner or later. I guess whichever company just stays silent and doesn't alter anything is more than likely going to scam its customers soon.
first thing is you should not trust any cloud mining sites ,90 percent of the Cloud mining sites are scam, if you want the answer to your question for GHS buying price will reduce if bitcoin price goes high.
What would happen to cloud mining prices once halving arrives?
For example, HashNest's S7 price is about 0.00014 BTC per GH/s. What would happen to the price?
I'm curious since I have funds in HashNest and I'm deciding whether to pull out before the halving or just hold my breath.
For example, HashNest's S7 price is about 0.00014 BTC per GH/s. What would happen to the price?
I'm curious since I have funds in HashNest and I'm deciding whether to pull out before the halving or just hold my breath.
Hashnest is nice since it is legit but it is very risky when maintenance becomes very high the unit closes. I invest in s5 before but when it closed i my bitcoin was wasted. I suggest that you withdraw all your funds at hashnest. When the hashpower becomes cheaper it gives a signal that soon will disappear. Though it only my opinion but its better be safe than sorry.
the only effect halving can have on cloud mining is that there would be a lot more cloudmining services that will spring out of nowhere and start advertising to get new victims in their scammmy service and because of price rise a lot more victims will fall for the trick because they would want to earn more and scammers always use this greed to fool you.
I have no idea about this but I think it doesnt matter what would happen and the effect of halving to cloud mining . We should not be worry about them they are just going to be a scam soon they will follow the steps of hashocean 
goodluck to those people who still want to believe and those people who still finding a real and trusted cloud mining services .
goodluck to those people who still want to believe and those people who still finding a real and trusted cloud mining services . 
What would happen to cloud mining prices once halving arrives?
For example, HashNest's S7 price is about 0.00014 BTC per GH/s. What would happen to the price?
I'm curious since I have funds in HashNest and I'm deciding whether to pull out before the halving or just hold my breath.
For example, HashNest's S7 price is about 0.00014 BTC per GH/s. What would happen to the price?
I'm curious since I have funds in HashNest and I'm deciding whether to pull out before the halving or just hold my breath.
real mining is after halving so profit total bitcoin down 50%, but if cloud mining ponzy scehem HYIP
maybe profit is still same before halving,
and majority cloud mining site only hyip scheme ponzy not real mining, few site cloud mining is real mining
I would pull out before all the other people panic and the whole thing comes tumbling down and you end up with no investment. I have also tried cloud mining services in the past... thinking that these
companies are backed by legitimate mining operations. I cannot say, that I have ever seen any proof that they are not operating some sort of Ponzi scheme, so I pulled out early. I feel too sorry for
people who has to lose money, for me to make money. My advice will be to exit before you lose any money.
Yup, I went out of the game. I'll wait for the halving to happen.companies are backed by legitimate mining operations. I cannot say, that I have ever seen any proof that they are not operating some sort of Ponzi scheme, so I pulled out early. I feel too sorry for
people who has to lose money, for me to make money. My advice will be to exit before you lose any money.
And right now, I'm not regretting my exit at all. GH/s prices dropped a lot after I bailed out. I would have lost a non-negligible amount if I didn't do that.
I would pull out before all the other people panic and the whole thing comes tumbling down and you end up with no investment. I have also tried cloud mining services in the past... thinking that these
companies are backed by legitimate mining operations. I cannot say, that I have ever seen any proof that they are not operating some sort of Ponzi scheme, so I pulled out early. I feel too sorry for
people who has to lose money, for me to make money. My advice will be to exit before you lose any money.
companies are backed by legitimate mining operations. I cannot say, that I have ever seen any proof that they are not operating some sort of Ponzi scheme, so I pulled out early. I feel too sorry for
people who has to lose money, for me to make money. My advice will be to exit before you lose any money.
They're going to be even more of a joke than the vast majority are now. The legit ones will close down. That's if there are any.
I agree! legit cloud mining have been declaring bankruptcy due to fail profit when Bitcoin is at 25 reward per block. Halving will greatly affect since reward be half and price doesnt soar that high. So more probably more cloudmining pretend to be company offering profits will pop up every now and then. More ponzi scheme for the you!
Cloud mining is a scam of some sort, definitely, but I won't make any specific accusations yet. They're just terrible businesses with terrible business practices.
Yes, assuming the difficulty hasn't changed, which it has: it has increased several-fold.
They're going to be even more of a joke than the vast majority are now. The legit ones will close down. That's if there are any.
I agree! legit cloud mining have been declaring bankruptcy due to fail profit when Bitcoin is at 25 reward per block. Halving will greatly affect since reward be half and price doesnt soar that high. So more probably more cloudmining pretend to be company offering profits will pop up every now and then. More ponzi scheme for the you!
But most of cloud mining site right now are running just like hashoncean..
I doubt any of those all cloud mining sites will exist after the halving, they may cancel all your contracts and stop mining saying that mining reward is not enough to cover running fees, which is completely a lie.
As we can see on this forum every minute of every day, there's never a shortage of silly sausages willing to give it a try no matter what the real mining landscape looks like. When the block reward is 0.0000001 there'll be some tosser hawking it and another tosser swallowing it.
I don't think the price will change, but the profitability is going to drop unless Bitcoin doubles, which at the moment doesn't seem likely.
They're going to be even more of a joke than the vast majority are now. The legit ones will close down. That's if there are any.
I agree! legit cloud mining have been declaring bankruptcy due to fail profit when Bitcoin is at 25 reward per block. Halving will greatly affect since reward be half and price doesnt soar that high. So more probably more cloudmining pretend to be company offering profits will pop up every now and then. More ponzi scheme for the you!
Cloud mining is a scam of some sort, definitely, but I won't make any specific accusations yet. They're just terrible businesses with terrible business practices.
I doubt any of those all cloud mining sites will exist after the halving, they may cancel all your contracts and stop mining saying that mining reward is not enough to cover running fees, which is completely a lie.
I have never trusted any of the cloud mining sites and for sure will not any of them in future. Why they rent their mining capacity if they can mine for themselves for profit.
I have never trusted any of the cloud mining sites and for sure will not any of them in future. Why they rent their mining capacity if they can mine for themselves for profit.
They're going to be even more of a joke than the vast majority are now. The legit ones will close down. That's if there are any.
I agree! legit cloud mining have been declaring bankruptcy due to fail profit when Bitcoin is at 25 reward per block. Halving will greatly affect since reward be half and price doesnt soar that high. So more probably more cloudmining pretend to be company offering profits will pop up every now and then. More ponzi scheme for the you!
What would happen to cloud mining prices once halving arrives?
For example, HashNest's S7 price is about 0.00014 BTC per GH/s. What would happen to the price?
I'm curious since I have funds in HashNest and I'm deciding whether to pull out before the halving or just hold my breath.
For example, HashNest's S7 price is about 0.00014 BTC per GH/s. What would happen to the price?
I'm curious since I have funds in HashNest and I'm deciding whether to pull out before the halving or just hold my breath.
As 99% of those cloud mining services being nothing more than rip-offs I think it won't matter what price will be after the halving.
I would never invest in that stuff.
Sure it's your money and your decision, but don't cry when they suddenly disappear or got "hacked".
They're going to be even more of a joke than the vast majority are now. The legit ones will close down. That's if there are any.
Cloud mining is a ponzi scheme, and these people divert money from user to user, which is not influenced by the Halving at all. That said, they will most probably use it as an excuse to make the hashing power more expensive and increase the maintenance fee, to make up for their fake losses. ^tongue in the cheek^
some people outside there claiming that there's still a real cloud mining exist around fake cloud mining which officially created by the mining hardware distributor and creator but I don't know it's relevant or not but it may need to be observed deeper 
I have no idea but honestly do you think that it matters?All cloud mining sites are ponzi/scams and they will eventually collapse sooner or later.
well yeah, you are right about it in my opinion because all of such websites are going to go down really soon in my opinion when there will be no funds left to make pyramid lasti think the effect will be such that all of the cloud mining websites will go bust really easily, unfortunately a lot of people will lose their bitcoins and not make any profit
If we assume that Cloud Mining is really mining and not common Ponzi time bomb scheme then there are 2 options:
- they won't sustain their service because lowered reward drop
- they would still be able to profit from it even with half profit from block
Of course either of this options is determined by BITCOIN PRICE. With current high BTC price I think cloud mining will manage to survive.
But any kind of price decline will be a death sentence for CM operators. Anyway, investing in Cloud Mining will be harder than ever because of that.
- they won't sustain their service because lowered reward drop
- they would still be able to profit from it even with half profit from block
Of course either of this options is determined by BITCOIN PRICE. With current high BTC price I think cloud mining will manage to survive.
But any kind of price decline will be a death sentence for CM operators. Anyway, investing in Cloud Mining will be harder than ever because of that.
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