Author

Topic: Good Cloud Miner (Read 122 times)

legendary
Activity: 2394
Merit: 6581
be constructive or S.T.F.U
March 21, 2023, 04:31:55 PM
#3
Warning! There's a high chance the offer above is a scam.

It's more like a guaranteed chance the above is a scam, cloud mining simply doesn't work because the core idea behind it is broken, we can dive deep into all the "legit" cloud mining services that existed in the past and show how they all failed, but I can sum up a whole mess in a short explanation.

When the mining profit falls below the contract value or in other words, the buyer is losing money > cloud mining works.
When the mining profit yields more profit than the contract value, the buyer is making money while the seller is losing potential profit > cloud mining does not work.

So technically, the only way for anyone to make money from cloud mining would be when the hashrate they bought is making more money than what they spent, but who on earth would keep renting their cow that makes $10 worth of milk a day, for someone who pays $5 a day? history showed that nobody will do that, the cow owner is happy when the cow makes $1 and you rent it for 5$, but not the other way around.

In fact, history has proven to us that even hosted mining is broken, when your miners aren't making much profit, the host is happy to host them, when they are making much more money than what you pay for hosting, the host will rather kick you out and buy his own mining gears, and there is no type of contract that would keep you safe if you are not safe renting only the power outlet, you are certainly not safe renting the power outlet and the miner.

So even if you were to stumble upon a "honest" person who offers cloud mining service, you are going to make sure that when shit hits the fan and the miner they rent you for $5 a day is making $10 that person is going to win the battle against the devil and he won't get greedy and just end your contract out of nowhere, they might refund whats left of the contract, but will they watch you make a ton of money form gears they own and operate? I would certainly not bet on that.
legendary
Activity: 2814
Merit: 1192
March 15, 2023, 04:16:26 PM
#2
Warning! There's a high chance the offer above is a scam.
Don't trust any cloud mining offers out there. In 2015 and 16 it was a popular way of scamming people.
Read before you invest in shady business.

Quote
One of the primary reasons cloud mining is regarded as a scam is that many cloud mining companies promise unrealistic returns on investment.
In the cryptocurrency world, these companies frequently promise high returns with little to no risk, which is not a realistic expectation. Many of these companies are Ponzi schemes in which returns are paid to early investors using new investor investments rather than actual mining profits.
https://www.financemagnates.com/cryptocurrency/innovation/is-cloud-mining-a-scam/
newbie
Activity: 1
Merit: 0
March 15, 2023, 12:36:16 PM
#1
If you’re looking to invest in bitcoins, then I am your man. For everyone that works with me. I will give you a 100 GH/S

Come to my Bitcoin Mining.
Email me

STARTER CONTRACT

500+ GH/S
BITCOIN MINING POWER
CONTRACT TIME:20 DAYS
MIN-MAX DEPOSIT:0.0005~0.001 BTC
DAILY PROFIT:0.00003~0.00006 BTC
20 DAYS PROFIT:0.0006~0.00132 BTC
NO WITHDRAW FEE
NO ELECTRICITY FEE

GOLDEN CONTRACT

15,000+ GH/S
BITCOIN MINING POWER
CONTRACT TIME:30 DAYS
MIN-MAX DEPOSIT:0.015~0.02 BTC
DAILY PROFIT:0.001~0.001334 BTC
MONTHLY PROFIT:0.03~0.04 BTC
NO WITHDRAW FEE
NO ELECTRICITY FEE

SOROS CONTRACT

30,000+ GH/S
BITCOIN MINING POWER
CONTRACT TIME:30 DAYS
MIN-MAX DEPOSIT:0.03~0.04 BTC
DAILY PROFIT:0.0024~0.0032 BTC
MONTHLY PROFIT:0.072~0.096 BTC
NO WITHDRAW FEE
NO ELECTRICITY FEE

BUFFETT CONTRACT

60,000+ GH/S
BITCOIN MINING POWER
CONTRACT TIME:30 DAYS
MIN-MAX DEPOSIT:0.06~0.3 BTC
DAILY PROFIT:0.0054~0.027 BTC
MONTHLY PROFIT:0.162~0.81 BTC
NO WITHDRAW FEE
NO ELECTRICITY FEE

MUSK CONTRACT



200,000+ GH/S
BITCOIN MINING POWER
CONTRACT TIME:30 DAYS
MIN-MAX DEPOSIT:0.2~0.8 BTC
DAILY PROFIT:0.02~0.08 BTC
MONTHLY PROFIT:0.6~2.4 BTC
NO WITHDRAW FEE
NO ELECTRICITY FEE

ATM CONTRACT

1,000,000+ GH/S
BITCOIN MINING POWER
CONTRACT TIME:30 DAYS
MIN-MAX DEPOSIT:1~5 BTC
DAILY PROFIT: 0.09~0.45 BTC
MONTHLY PROFIT:2.7~13.5 BTC
NO WITHDRAW FEE
NO ELECTRICITY FEE

SATOSHI CONTRACT
10,000,000+ GH/S
BITCOIN MINING POWER
CONTRACT TIME:30 DAYS
MIN-MAX DEPOSIT:10~20 BTC
DAILY PROFIT:1~2 BTC
MONTHLY PROFIT:30~60 BTC
NO WITHDRAW FEE
NO ELECTRICITY FEE
Jump to: