Topic: Great altcoins cloud mining service, legit cloud mining, RECOMMENDED (Read 12117 times)

It will be really profitable this is the coin to look up to today,it seems every bosy are into ethereum and with genesis mining decision to mine ethereum many will make a huge profit from this ..

It seems Ether contracts are back, 1 year long, no maintenance fee. If ETH stays at this price level, Ether mining contracts might be really profitable.

Here s more info for you from Spondoolies side:

http://www.spondoolies-tech.com/pages/cloud-mining

Do you really think one of the largest and most respectable mining gear producers would lie about something about this???
I understand you are suspicious but you ve got to draw a line somewhere.

I m sure they draw their profit from this maintenance fee users pay plus initial markup for the mining hardware price. This is not some strange business model, companies do it in other fields all the time.

Oh yes - now you bring in the online article.  I mean - we've never ever seen any mining equipment companies go rogue?  And every article Coindesk writes is always fact checked - right?

Did they conduct the interview at their green energy facilities?  That would make an excellent photo shoot in Iceland (where they house the supposed equipment).

My thing is to show me proof that they are actually mining for you…  Why can't you choose your own pool?  Or do they at least show you what block you are mining?  There has to be some technical data.

If they are mining -- then they are doing it for themselves -- then taking their cut -- and finally distributing what is left to the lifetime subscribers.  I would think.  The variable is the "maintenance fees" -- which you do not have control over.  Shouldn't this price remain constant?

I do want to believe -- really I do.  When I see "lifetime" purchases of hashes I get alarmed - why not purchase hashes for a month at a time?

Here s a nice fresh piece for you.

http://www.coindesk.com/spondoolies-tech-genesis-team-new-cloud-mining-service/

I assume all 3 sides, Spondoolies, Genesis Mining and Coindesk are lying and this piece s just another product of my imagination, right?

If you are going to argue, then do it with arguments, saying the sky s green cause I says so s not really a smart thing to do.

Oh ok - so you've been using their "cloud" mining service for a year and you got your ROI?  I mean they need a couple of people with great success to share the news with others.

I love these cloud mining websites -- buy xxx hash for $xxxx for a lifetime!  (As long as it remains profitable)

And choose your coins to mine -- but you can't choose your pools.  LOL  And we won't tell you what pools we use.  LOL

And where is your mining facility?  WE CAN'T TELL YOU!  LOL

And you can pay by credit card (meaning, we'll make sure that you are showing some profit for at least 60 days and then past that watch it drop drop drop - because you can't file a chargeback).

Oh -- the best one of all -- we're located in BERMUDA!  Probably a virtual office, but funny still.

Regarding ROI -- I've bought quite a few Scrypt A2 Miners in the past 4 months and they've all paid for themselves. 

Oh but you are right -- if "Spondoolies-Tech confirms on their webpages they deliver miners to Genesis Mining" then everything else is true.  Of course.  I mean everything you read on the internet is always true.  Just like TV?

Regardless - this is the wrong section for "Cloud" or "Ponzi" Mining.  Read the forum rules.

Finally - "take my pills?"  Really?  Do people still say that?  No offense, but to say something that absurd makes you sound ancient and quite uneducated. 

Ponzi? Tell me how the fck are they ponzi. Spondoolies-Tech confirms on their webpages they deliver miners to Genesis Mining. The problem with you guys is that if something does not produce ROI in 3 weeks, it s intermediately bad. Well I got news for you, you re in the WRONG industry. There s no more easy money in Bitcoin, you need to accepted the fact that 1 year ROI is very,very,VERY good.

You, hdmediaservices, take your pills please. Your start spreading unsupported BS when you do not take them.

+1

Many people lost money while they made their profits, so no reason to defend them.

Are you serious -- please stop it!  Go promote your ponzi-mining else where!

With all these cloud mining companies going down, Genesis Mining seems to be one of the few legit ones.
They ve been paying me since day one.

Has anyone tried this new dnotes coin available for mining via Genesis? Is there anything special about this coin?

I still recommend MAGI XMG https://bitcointalksearch.org/topic/ann-xmg-magi-cpu-mining-mpow-mpos-magipay-735170

First Anti-botnet community rewarding based mining network

Genesis Mining news, it seems lots of new things ll be introduced soon:

"Following up on my last post I want give you a brief update where we currently stand and what projects and new features you can expect in the near future.
Here is the list ranked by expected release time:

1) New Coins for the mining allocation interface - so 2 new coins ll be introduced very soon

2) Miner of the Week - some kind of contest

3) Secret Project (Has to be kept secret so far. This project will offer you a feature you never thought that you could do with your hashpower Wink. It will be completely unique on the mining market and it offers great new opportunities for everybody!)

4) The long-awaited Project X

All of our devoted customers will be in a privileged position when we are launching a new project.

Get excited for the upcoming time! It will be BIG!

MS"

Yes, I did the same thing with RDD coin before the price went up.

You will love Project X when it comes out, ability to have one contract that allows you to have X11, Scrypt and SHA256 all together and just switch between them or allocate hashpower between them however you like..

FTC price is going up as I ve stressed here several times. This is why I love Genesis Mining, you can mine several coins and keep them until the price goes up, then cash them out and PROFIT. Yay.

The price of 10 GH/s is now 7.90 USD, dropped from 9.99 USD.  1 TH is 780 USD.
 
If you can, support the OP and use his affiliate code to get a discount.

Ian

You can find it in the first thread.

if they can because magi is using a new algo (m7m) if they can support that.. 
it does need a pool to spread out with more miners if it has a wider audience.

What is the link to Genesis Mining Pool?

You recommend this coin to be added to Genesis Mining pool?

Considering the great Magi ? https://bitcointalksearch.org/topic/ann-xmg-magi-cpu-mining-mpow-mpos-magipay-735170 as its on the M7M Mining algo? botnet fighting + farm fighting = fair network output, community outreach, no early adopter incentives... grow as we go style?

This is some thoughts I think should be considered.. watch the video of a preview concept https://www.youtube.com/watch?v=jpvpO0OE7Dw