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Topic: HYIP VS MINING - page 4. (Read 3985 times)

copper member
Activity: 1442
Merit: 529
June 07, 2016, 01:36:08 AM
#30
Just take a look at the Service Discussion sector of this forum to see how popular this HYIPS-disguised as cloud minings are, they are collapsing one after another nowadays, and 100% of them are scam.
Cloud mining, there is only one legit Hashnest as it is supported by Bitmain creator of antminers but you will never make ROI with them because of difficulty increase and electricity maintenance fee, so in the end you will lose money here too.

If you want to invest money , both will make you lose money. So far the only profitable way to mine is buying yourself a nice rig with very nice GPU, latest ATI GPU to mine ethereum , you will come in profit if you have cheap electricity in your country.
legendary
Activity: 3472
Merit: 10611
June 07, 2016, 01:35:00 AM
#29
you are comparing apples and oranges here. HYIP is a scam and there is no argument about it but Mining is a business that you are investing and doing something (running mining equipment and mining blocks) to get paid. even if you are talking about cloudmining, it can be legit business and if it is scam then it can't be called mining it is ponzi.
legendary
Activity: 2310
Merit: 1422
June 07, 2016, 01:34:48 AM
#28
one is 100% scam the other may be legit, but roi is impossible, so in the end in both you will lose money

I know a miner who is mining since two years now and still gets his 900$ profit per month. He has a solar powered farm which he updates constantly. Only today he is worried about the halving.

Not to say that with this price level he earns 40% more every month...

So what you said about HYIP is true, what is said about mining is untrue.
legendary
Activity: 3248
Merit: 1070
June 07, 2016, 01:31:19 AM
#27
one is 100% scam the other may be legit, but roi is impossible, so in the end in both you will lose money
full member
Activity: 224
Merit: 100
Defender of Bitcoin
June 07, 2016, 01:22:59 AM
#26
HYIP are designed to attract your attention by offering you unrealistic profit estimations and very high interest rates which are backed up by no actual business plan and these operations rely on the constant flow of people's money in order to pay out anything to the early investors. The late investors usually don't get anything because the stream of new capital flowing in could dry up at any time and the owners will eventually stop paying out dividends rendering the website a scam. It's not worth your time and money and I suggest staying away from these schemes.

Mining on the other hand could be profitable if you are doing it yourself because you could factor in the different variables like electricity costs, rising difficulty and the price of new and old hardware and maybe squeeze in a profit unlike cloud mining where you have a fixed price for a couple of months and you can't adjust anything regarding the hashing power you receive and your expected profit just depends on how much luck you will have in the long run.
sr. member
Activity: 420
Merit: 250
June 07, 2016, 12:01:29 AM
#25
Do you think HIYIP AND MINING it the same Shocked
if you think it's the same, what similarities Huh
And if you think it's different, what's the difference Huh


Quote
I think hell together a profitable investment into two sides. Roll Eyes Cool


And lastly, What do you do if a site HIYIP and MINING
suddenly SCAM Huh Huh Huh Huh Huh
they isnt the same. HYIP has a short time to gain your Return of invest, but many hyips now is scam. They are lasting only 2-6 days, Mining has a long Return of invest around 3-12 months, but they have a less risk of scam,
the bitcoins that hyip pays to you is from the other persons that they scam like doubler too they paying other people but the money is from the persons they scammed.
sr. member
Activity: 336
Merit: 250
June 06, 2016, 11:20:40 PM
#24
Do you think HIYIP AND MINING it the same Shocked
if you think it's the same, what similarities Huh
And if you think it's different, what's the difference Huh


Quote
I think hell together a profitable investment into two sides. Roll Eyes Cool


And lastly, What do you do if a site HIYIP and MINING
suddenly SCAM Huh Huh Huh Huh Huh
they isnt the same. HYIP has a short time to gain your Return of invest, but many hyips now is scam. They are lasting only 2-6 days, Mining has a long Return of invest around 3-12 months, but they have a less risk of scam,
legendary
Activity: 3080
Merit: 1500
June 06, 2016, 11:12:36 PM
#23
Do you think HIYIP AND MINING it the same Shocked
if you think it's the same, what similarities Huh
And if you think it's different, what's the difference Huh


Quote
I think hell together a profitable investment into two sides. Roll Eyes Cool


And lastly, What do you do if a site HIYIP and MINING
suddenly SCAM Huh Huh Huh Huh Huh

I think HYIP and cloud mining is the same thing. But not the other forms of mining. The hyip market is down from quite some time now and the scammers are basically venturing in to cloud mining. The investment is also less and the return they have to pay to the investors, is also less compared to the crazy interest rate they used to give to the hyip investors.

But other forms of mining, are not hyip. It doesn't offer you a very high yield.
sr. member
Activity: 322
Merit: 250
June 06, 2016, 11:12:20 PM
#22
Do you think HIYIP AND MINING it the same Shocked
if you think it's the same, what similarities Huh
And if you think it's different, what's the difference Huh


Quote
I think hell together a profitable investment into two sides. Roll Eyes Cool


And lastly, What do you do if a site HIYIP and MINING
suddenly SCAM Huh Huh Huh Huh Huh

You please make a clear thread, what do you mean from mining? because we know there are two kinds of mining cloudmining and hardmining. but here I assume cloud mining, if wrong please let me know.
HYIP and CLOUDMINING i think it same, because when we are mining the result will be fewer hardware while with cloudmining will be faster return on investment. so we assume cloudming is an investment as well as HYIP.
Thank you
legendary
Activity: 2898
Merit: 1823
June 06, 2016, 10:53:57 PM
#21
In general, stay away from HYIP. For cloudmining, invest in the bigger mining farms.
sr. member
Activity: 420
Merit: 250
June 06, 2016, 10:52:08 PM
#20
Do you think HIYIP AND MINING it the same Shocked
if you think it's the same, what similarities Huh
And if you think it's different, what's the difference Huh


Quote
I think hell together a profitable investment into two sides. Roll Eyes Cool


And lastly, What do you do if a site HIYIP and MINING
suddenly SCAM Huh Huh Huh Huh Huh
all HYIP is turning into scam , mining is better than hyip but other mining sites turn to scam better you should do some research in the site you invest before you invest some bitcoins.
sr. member
Activity: 500
Merit: 250
PredX - AI-Powered Prediction Market
June 06, 2016, 09:24:18 PM
#19
IMO, no doubt that cloud mining is HYIP too so there is no difference between them  but some cloud mining might legit too; hastnest for example.
seem you dont know what hyip mean I think better title is "Ponzi VS Cloud mining" both is hyip
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
June 06, 2016, 09:16:10 PM
#18
HYIP is always a money making scheme for the schemers who created them.

Cloudmining however good the intention to make money for its clients usually fail.  Rising difficulty, the halving, equipment wear and tear and obsolescence are the odds the cloudminers must get over.

Stay away from both.  I tried Cloudhashing back in the day.  Guess what, no profit.
newbie
Activity: 41
Merit: 0
June 06, 2016, 08:43:45 PM
#17
99% cloud mining use ponzi scheme, i think "cloudmining and ponzi " it's same.
hero member
Activity: 714
Merit: 500
June 06, 2016, 08:42:52 PM
#16
I still believe in the old saying, "if it is too good be true, then it is not true". I always see to it that whenever there's an offer that says they can give this amount back in a short period of time, I turn it down quickly. The sad thing is we always hear stories of people being scammed over and over. It is the greed for quick returns that blind people so easily.
sr. member
Activity: 854
Merit: 250
June 06, 2016, 08:39:34 PM
#15
You can't even compare ponzi scheme scams(cause this is what hyips are) with mining process these are two totally different things.
Stay away from hyips and if you are able to start mining go for it.Also keep in mind that most of the so called cloud mining sites are ponzis scams aswell.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
June 06, 2016, 08:28:01 PM
#14
Do you think HIYIP AND MINING it the same Shocked
if you think it's the same, what similarities Huh
And if you think it's different, what's the difference Huh


Quote
I think hell together a profitable investment into two sides. Roll Eyes Cool


And lastly, What do you do if a site HIYIP and MINING
suddenly SCAM Huh Huh Huh Huh Huh
Look at now, Some mining site adopts HYIP become their system. HYIP and Mining it's does not have a different for now. Mining wants to try to get a more profit from adopting HYIP system.
legendary
Activity: 1162
Merit: 1000
June 06, 2016, 07:34:12 PM
#13
I would not choose both. both strong potential as a SCAM. I suggest you to make trades to get bitcoin. I remind you that the HYIP and cloud MINING is a scam.
full member
Activity: 126
Merit: 100
June 06, 2016, 07:27:57 PM
#12
Do you think HIYIP AND MINING it the same Shocked
if you think it's the same, what similarities Huh
And if you think it's different, what's the difference Huh


Quote
I think hell together a profitable investment into two sides. Roll Eyes Cool


And lastly, What do you do if a site HIYIP and MINING
suddenly SCAM Huh Huh Huh Huh Huh
Mining is much profitable than hyip.. most hyip are scam so better to stay away on hyip sites..
Mining is for long term profit.. and hyip turning  into sccam after  24 hours
legendary
Activity: 1806
Merit: 1024
June 06, 2016, 07:24:27 PM
#11
Just because there are scam sites that prey on naive investors there is no reason to assume that scamming, HYIPs and mining are all the same. Although the proportion of scams is immense, there can be HYIPs that are legit and just come with a high amount of risk. There have been many cloudmining-HYIPs that turned out to be scams, which is sad but not surprising if one considers the facts related to mining appropriately.

Mining exists not only within cloudmining scams. If desired, everybody can start his/her own 100% legit mining operation. However the question is if it will be profitable. Generating profit from mining is more difficult than in the past and nowadays there are mostly professional big operations with an optimized cost structure (cheap electricity among other things).

ya.ya.yo!
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