Experience with cloud mining - page 2.

melody82

sr. member

Activity: 378

Merit: 257

Quote from: sdmathis on June 08, 2015, 08:07:15 PM

I got in early with PBMining, but never quite broke even. I did come closed than most however, because I got in early. I was one of the lucky ones. People told me that it was a ponzi, but I wouldn't listen. I argued and argued. Got mad at people for calling it a ponzi, but guess what. I was wrong. Where is PBMining now?

Be very careful with cloud mining. There may be some honest ones out there ( I haven't found them though ), but most of them are nothing more than Ponzi schemes and are waiting to take your money while leaving you holding the bag.

What about hashnest? They seem legit to me.

sdmathis

hero member

Activity: 546

Merit: 500

AKA The Rubber Monkey

I got in early with PBMining, but never quite broke even. I did come closed than most however, because I got in early. I was one of the lucky ones. People told me that it was a ponzi, but I wouldn't listen. I argued and argued. Got mad at people for calling it a ponzi, but guess what. I was wrong. Where is PBMining now?

Be very careful with cloud mining. There may be some honest ones out there ( I haven't found them though ), but most of them are nothing more than Ponzi schemes and are waiting to take your money while leaving you holding the bag.

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: Nahl on June 08, 2015, 10:49:23 AM

i have very bad experience with cloudmining everytime i invest the site always be scam before ROI they always runaway with my money
for now enough for me im very tired with that situation and no more invest in the cloudmining site

it's way too easy for people to create a nice looking site and say you can buy contracts with amazing returns, bla bla bla. people should just think before investing in crap. cloud mining sites that offer great returns is a direct red flag.

jeannemadrigal2

sr. member

Activity: 322

Merit: 250

Quote from: BlackMachine on June 08, 2015, 04:53:08 AM

Cloudmining companies are either a ponzi scheme or are never going to ROI. Even though some of the companies may appear to be trusted, they still hold on to your money and can run at anytime. Just like what ANTminer did.

Wait, do you mean Bitmain's cloud mining service or a different one. I never heard of Bitmain ripping of anyone, so please explain if you can. Thanks!

Nahl

legendary

Activity: 1652

Merit: 1000

i have very bad experience with cloudmining everytime i invest the site always be scam before ROI they always runaway with my money
for now enough for me im very tired with that situation and no more invest in the cloudmining site

Amph

legendary

Activity: 3206

Merit: 1069

Quote from: waterpile on June 08, 2015, 09:35:22 AM

Quote from: Amph on June 08, 2015, 05:52:24 AM

Quote from: BlackMachine on June 08, 2015, 04:53:08 AM

Cloudmining companies are either a ponzi scheme or are never going to ROI. Even though some of the companies may appear to be trusted, they still hold on to your money and can run at anytime. Just like what ANTminer did.

this is why you start with a little amount, and then reinvest only your profit and nothing else, it may be a even more long route to follow, but it is also far safer

and the truth is that for now, every investments is 100% more dangerous, because there a little money to be made anywhere, and this lead to more scammers

It would be really pointless if starting with a low amount most especially for cloudmining.. you wouldn't even earn a cent if you invest a small amount. When it comes to investment better be prepared to lose it if it goes bad..

you will reduce the risk at least, and when you reach roi you can reinvest bigger without risking anything, if you want to avoid losing money, otherwise if you can really find a trustable cloud go big for it

there are no other things you can really do when dealing with cloud

--Encrypted--

copper member

Activity: 924

Merit: 1007

hee-ho.

my last experience with cloud mining was with GAW's hashlets, at first it was VERY good, then things changed (price went down, payout went down a LOT, etc.).

HeroCat

hero member

Activity: 658

Merit: 500

There are many scam sites in BTC cloud mining. You never do not know, if you return your BTC back. Grin

waterpile

hero member

Activity: 602

Merit: 500

Quote from: Amph on June 08, 2015, 05:52:24 AM

Quote from: BlackMachine on June 08, 2015, 04:53:08 AM

Cloudmining companies are either a ponzi scheme or are never going to ROI. Even though some of the companies may appear to be trusted, they still hold on to your money and can run at anytime. Just like what ANTminer did.

this is why you start with a little amount, and then reinvest only your profit and nothing else, it may be a even more long route to follow, but it is also far safer

and the truth is that for now, every investments is 100% more dangerous, because there a little money to be made anywhere, and this lead to more scammers

It would be really pointless if starting with a low amount most especially for cloudmining.. you wouldn't even earn a cent if you invest a small amount. When it comes to investment better be prepared to lose it if it goes bad..

BlackMachine

full member

Activity: 208

Merit: 100

Quote from: Amph on June 08, 2015, 05:52:24 AM

Quote from: BlackMachine on June 08, 2015, 04:53:08 AM

Cloudmining companies are either a ponzi scheme or are never going to ROI. Even though some of the companies may appear to be trusted, they still hold on to your money and can run at anytime. Just like what ANTminer did.

this is why you start with a little amount, and then reinvest only your profit and nothing else, it may be a even more long route to follow, but it is also far safer

and the truth is that for now, every investments is 100% more dangerous, because there a little money to be made anywhere, and this lead to more scammers

it is safe to a extent. since you are reinvesting your profit, you would probably be losing lots of time by waiting and if the cloudmining company runs away. the best way is to invest what you can afford to lose and stop once you gain profit.

Amph

legendary

Activity: 3206

Merit: 1069

Quote from: BlackMachine on June 08, 2015, 04:53:08 AM

Cloudmining companies are either a ponzi scheme or are never going to ROI. Even though some of the companies may appear to be trusted, they still hold on to your money and can run at anytime. Just like what ANTminer did.

this is why you start with a little amount, and then reinvest only your profit and nothing else, it may be a even more long route to follow, but it is also far safer

and the truth is that for now, every investments is 100% more dangerous, because there a little money to be made anywhere, and this lead to more scammers

BlackMachine

full member

Activity: 208

Merit: 100

Cloudmining companies are either a ponzi scheme or are never going to ROI. Even though some of the companies may appear to be trusted, they still hold on to your money and can run at anytime. Just like what AsicMiner did.

TriggerX

hero member

Activity: 826

Merit: 1000

I've had experience with Cex.io, it's still up which is good but didn't manage to receive my ROI.
I then tried cloud zenminer which after awhile, my account mysteriously got locked and am unable to access it. (Had around 0.1BTC worth of miners at that time)
Then I tried scrypt.cc in which once I deposited 0.1BTC in my account, the password changed and I was unable to access it too.

I would recommend bit-x though. I tried it for a small period and it does pay. While there is a long ROI, it still pays out and is one of the most legit cloud services out there.

iram91445

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★YoBit.Net★ 200+ Coins Exchange & Dice

Quote from: tmfp on June 07, 2015, 03:54:18 PM

Quote from: ikydesu on June 07, 2015, 03:38:00 PM

Quote from: virtualx on June 07, 2015, 06:35:51 AM

I wonder about this and I've been active on the forum for a long time, but I think it's a beginner question.
What is your experience with cloud mining? Did you make profit?

Never get ROI.
Being scammed.
Being collapsed.
Worthless.
and now im not invest in cloud mining anymore

But you don't mind taking money promoting the latest one in your sig.
Oh wait, Cloudthink...? They're the cloud miner that doesn't cloud mine, and that's according to them..... Roll Eyes

well i guess its not a secret that people advertise sites only because of payment, though i dont think it cant be profitable

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

Quote from: ikydesu on June 07, 2015, 03:38:00 PM

Quote from: virtualx on June 07, 2015, 06:35:51 AM

I wonder about this and I've been active on the forum for a long time, but I think it's a beginner question.
What is your experience with cloud mining? Did you make profit?

Never get ROI.
Being scammed.
Being collapsed.
Worthless.
and now im not invest in cloud mining anymore

But you don't mind taking money promoting the latest one in your sig.
Oh wait, Cloudthink...? They're the cloud miner that doesn't cloud mine, and that's according to them..... Roll Eyes

ikydesu

hero member

Activity: 686

Merit: 500

fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!

Quote from: virtualx on June 07, 2015, 06:35:51 AM

I wonder about this and I've been active on the forum for a long time, but I think it's a beginner question.
What is your experience with cloud mining? Did you make profit?

Never get ROI.
Being scammed.
Being collapsed.
Worthless.
and now im not invest in cloud mining anymore, although you can find a legit cloud mining here: https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387

~iki

Brewins

legendary

Activity: 1120

Merit: 1000

No way that cloud mining can be profitable at such small prices. They either are scam or are unfari(they will reduce your earnings after some time).

I prefer gambling, at least I have some chance of winning

melody82

sr. member

Activity: 378

Merit: 257

Hashnest is legit and has a really good return. I don't understand why some people say the return is low. I bought in when btc=dollar was ~240. Has is mor eexpensive now but when I bought in the return was about 3% in 10 days. If you got those kinds of returns on wal street you would be a legend. A cd account right now pays 1-2% a year! Its true that many cloud mining sites appear to be ponzies. That does not have to mean that they are all bad though.

Amph

legendary

Activity: 3206

Merit: 1069

i've only tried the free trial of some of them, like cloudminr.io, and they are already scamming by reducing the payment of some %, i don't if that is bad luck or what but it looks like it isn't

virtualx

hero member

Activity: 672

Merit: 507

LOTEO

Quote from: ?? on ??

IM just new in bitcoin. So, can I ask If this cloud mining is good to earn bitcoins? or can anyone tell me hhow can I earn more bitcoins? thanks in advance.

From the replies I figured that 99% of the cloud miners are scammers and it's not profitable. To get bitcoins have a look at the services section, people pay you for doing some things like sig campaigns.

Topic: Experience with cloud mining - page 2. (Read 3643 times)