i want start cloudmining !!! | Bitcointalksearch.org

mrcash02

hero member

Activity: 1190

Merit: 525

CryptoTalk.Org - Get Paid for every Post!

Quote from: MonkeyManofLife on October 23, 2016, 10:59:42 AM

I know you didn't want these answers but I am still going to say it

Cloud Miners are just paying back some of the money you pay them and keeping the rest , They really don't even need mining software to make a Cloud Mining Business because they are just paying you your money and keeping the rest so that they make profit without having to do anything

You said the truth, it's exactly what happens. They do nothing, just get our money, return a part of invested money to us, take all the rest and go away. Some investors take profit, another investors just lose money and the scam scheme owner always make profit going away with the stolen money.

MonkeyManofLife

member

Activity: 87

Merit: 10

I know you didn't want these answers but I am still going to say it

Cloud Miners are just paying back some of the money you pay them and keeping the rest , They really don't even need mining software to make a Cloud Mining Business because they are just paying you your money and keeping the rest so that they make profit without having to do anything

darklus123

hero member

Activity: 1246

Merit: 588

I've almost invested on hashocean before because i was hearing this one as a good cloud mining site. The good thing there is that before that certain site shuts down recently this year i was not able to put on my amount on it yet so i do feel lucky tho but let my experience served as a warning to you my friend.

pinoycash

hero member

Activity: 1316

Merit: 514

Cloudmining is a slow ponzi scheme, better switch to trading, with less risk and with greater profit, we will never know if these cloud mining still in operation the next days.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: samcoin on October 22, 2016, 01:16:46 AM

It is difficult to identify legit cloud mining sites, because all new sites are ponzi scheme, but as far as know there are three sites still paying, hashflare, hashnest, and genesis mining. For me, I prefer to mine altcoins myself, if you want to know the mining difficulties and the best coins to mine use this site: http://www.coinwarz.com/cryptocurrency

I do know those 3 standing still cloud mining sites that you mentioned but still i wont prefer to join those cloud mining schemes ever again because im done with the previous cloud mining sites before which it really waste of all of my bitcoin and have a hard time to move on or cope up with it. Mining altcoin would be a very good idea though if you have enough amount to invest on since the difficulty of mining isnt hard as bitcoin.

samcoin

hero member

Activity: 1358

Merit: 582

Leading Crypto Sports Betting & Casino Platform

It is difficult to identify legit cloud mining sites, because all new sites are ponzi scheme, but as far as know there are three sites still paying, hashflare, hashnest, and genesis mining. For me, I prefer to mine altcoins myself, if you want to know the mining difficulties and the best coins to mine use this site: http://www.coinwarz.com/cryptocurrency

shinratensei_

legendary

Activity: 3248

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: tmfp on October 21, 2016, 05:32:14 PM

Quote from: crazyivan on October 21, 2016, 04:55:24 PM

Quote from: Skarner21 on October 21, 2016, 04:33:34 PM

I think cloud mining right now its not worth it but i heard that hashflare are paying i just read few days ago here in our forum. but i did not know if they are paying real the comments by others has no negative trust so i think they are still paying as of now.

Hashflare s paying without issues for over a year, I have been using them and have reached ROI so far. The best contract is definitely scrypt cause Litecoin mining difficulty does not change that fast compared to BTC. They do offer Ether and Dash contracts as well but I prefer scrypt. Let me know if you need more info.

As you say, they are paying.
The fly in the ointment is that the sister company, Hashcoins, appears to indulge in fuckery like advertizing vaporware and refusing to return money for unfilled hardware orders, rather "compensating" customers with unordered and unwanted cloud mining contracts.
Why Potapenko does this is anyone's guess, but it hardly inspires confidence in either company.

And just to clarify the usage of the term "ROI" in the cloud mining world.
If you "100% ROI" in a year, it sounds great, but all it means that you have been given back your original lump sum payment in bits over the course of a year and now are back where you started.
If you paid originally in BTC then any price rise during that year is probably lost to you.

So, in cloud mining ROI means "return of investment".
In the real world, ROI means "return on investment".

Say you buy a stock or share for $100 and get back $10 dividend yearly then your ROI is 10%, but your original $100 is still there (subject to market fluctuations.)
In cloud mining, unless your supplier supports trading in hash power and thereby gives resale value to your contract, then your original $100 becomes zero immediately. It is not an investment, it is a cost.

Surely with it. I know the different for investing in shares and cloudmining. and it's just like for buying the power from there and not investing your money because you can lose all of your money at the time and you will get it back after doing a lot of time getting your money back, but there is no guarantee for you actually can get your full ROI.

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

Quote from: crazyivan on October 21, 2016, 04:55:24 PM

Quote from: Skarner21 on October 21, 2016, 04:33:34 PM

I think cloud mining right now its not worth it but i heard that hashflare are paying i just read few days ago here in our forum. but i did not know if they are paying real the comments by others has no negative trust so i think they are still paying as of now.

Hashflare s paying without issues for over a year, I have been using them and have reached ROI so far. The best contract is definitely scrypt cause Litecoin mining difficulty does not change that fast compared to BTC. They do offer Ether and Dash contracts as well but I prefer scrypt. Let me know if you need more info.

As you say, they are paying.
The fly in the ointment is that the sister company, Hashcoins, appears to indulge in fuckery like advertizing vaporware and refusing to return money for unfilled hardware orders, rather "compensating" customers with unordered and unwanted cloud mining contracts.
Why Potapenko does this is anyone's guess, but it hardly inspires confidence in either company.

And just to clarify the usage of the term "ROI" in the cloud mining world.
If you "100% ROI" in a year, it sounds great, but all it means that you have been given back your original lump sum payment in bits over the course of a year and now are back where you started.
If you paid originally in BTC then any price rise during that year is probably lost to you.

So, in cloud mining ROI means "return of investment".
In the real world, ROI means "return on investment".

Say you buy a stock or share for $100 and get back $10 dividend yearly then your ROI is 10%, but your original $100 is still there (subject to market fluctuations.)
In cloud mining, unless your supplier supports trading in hash power and thereby gives resale value to your contract, then your original $100 becomes zero immediately. It is not an investment, it is a cost.

Barbut

hero member

Activity: 1694

Merit: 502

★Bitvest.io★ Play Plinko or Invest!

I have many crypto related friends on Facebook, and I'm also a member of many groups. There I see million cloud mining commercials, some of my friends are posting that things every day.
You can try to find cloud mining site there, just one little thing who knows which one is good and which one is scam site. For me it's hard to make difference between that and cause of that I'm staying far away from it, I hope I helped you.

crazyivan

legendary

Activity: 1652

Merit: 1007

DMD Diamond Making Money 4+ years! Join us!

Quote from: Skarner21 on October 21, 2016, 04:33:34 PM

I think cloud mining right now its not worth it but i heard that hashflare are paying i just read few days ago here in our forum. but i did not know if they are paying real the comments by others has no negative trust so i think they are still paying as of now.

Hashflare s paying without issues for over a year, I have been using them and have reached ROI so far. The best contract is definitely scrypt cause Litecoin mining difficulty does not change that fast compared to BTC. They do offer Ether and Dash contracts as well but I prefer scrypt. Let me know if you need more info.

Skarner21

hero member

Activity: 700

Merit: 500

Massive price drop coming...

I think cloud mining right now its not worth it but i heard that hashflare are paying i just read few days ago here in our forum. but i did not know if they are paying real the comments by others has no negative trust so i think they are still paying as of now.

gentlemand

legendary

Activity: 2590

Merit: 3014

Welt Am Draht

OP, send me your money. At the end of the month I might give you some of it back if I'm in the mood. Otherwise I'll probably keep it. That's a far better offer than you'll get from any investment company and the offer stands. Call me.

phreaky

hero member

Activity: 546

Merit: 500

All these cloudmining websites are just big ponz's you should not even start one because its not trusted anymore and the most that did are legit at first sight but later on are nailing people hard.
They are turning most of the times into ponzi's..

marlboroza

legendary

Activity: 1932

Merit: 2272

Quote from: JITENDERPAR3 on October 16, 2016, 11:47:47 AM

i know that hardware and cloud mining both are not good .

You can't compare cloud mining with real mining.

Quote from: JITENDERPAR3 on October 16, 2016, 11:47:47 AM

i mean hardware mining is not much profitable and cloudmining are like ponzi scam .

Hardware mining is profitable or not profitable depending on so many factors, you cant just say its not much profitable!
And cloud mining are not like ponzi scam, either they are ponzi scam or not. There is no "like ponzi"

Quote from: JITENDERPAR3 on October 16, 2016, 11:47:47 AM

but i want take risk with my btc . i want make a profit like system which can give me some btc weekly or monthly without hard until tge site not ran away .

I am not sure you will find new "cloud mining" site that will run more than few weeks after hashocean scammed almost everyone.

Quote from: JITENDERPAR3 on October 16, 2016, 11:47:47 AM

now , i want ask to the only mining experienced person they should suggest me which cloudmining site is best . because i want take risk with my money or btc .

What mining expert has to do with sites you are looking for(obviously ponzi sites)

Quote from: JITENDERPAR3 on October 16, 2016, 11:47:47 AM

caution:- do not post here like " leave this idea" , " it is scam ", it is not profitable " etc only best suggestion by the cloud mining users . and for other i will request to keep distance from this post .

Because lots of people are reading this thread, also newbies in this forum and/or bitcoin community, and especially because of them, you can't forbid people to write warnings and warn them of possibly lost of money.

EDIT*
You are member(Full member) of this forum for almost a year now, and you are asking these kind of questions?

StarofBTC

hero member

Activity: 1148

Merit: 528

Quote from: Decoded on October 20, 2016, 09:06:53 PM

Wheee

"I know cloudmining is a scam but supposedly it is profitable so I want to take the risks"

Cloudmining isn't profitable. If you want to get rid of your bitcoin, you can give it to me.

How can you single handedly say that coud mining is a scam, to me i do not believe that because there are many sites out there that offer cloud mining service that are very legit. Just do the good work of searching them a nd you can be sure to find a very good one.Though if you have aternative you can go for them.

Decoded

legendary

Activity: 1232

Merit: 1030

give me your cryptos

Wheee

"I know cloudmining is a scam but supposedly it is profitable so I want to take the risks"

Cloudmining isn't profitable. If you want to get rid of your bitcoin, you can give it to me.

mrcash02

hero member

Activity: 1190

Merit: 525

CryptoTalk.Org - Get Paid for every Post!

Quote from: x4 on October 20, 2016, 08:07:54 AM

Quote from: tmfp on October 20, 2016, 04:05:44 AM

Quote from: StarofBTC on October 20, 2016, 03:57:48 AM

hashocean ..... very good cloud bitcoin mining site you can go for, they seem legit because they have been operating for long time and are still existing till today.

WTF are you talking about?
Hashocean is a collapsed ponzi.

Legit because they are operating for a long time? Is that what you called legit? They scammed more than 700,000 users with a huge amount of btc and now they are legit? Almost users that support/invest that site is crying because of what it happened.

Many complained about that, but I'm sure if they or any other scammer come back with the same offers and design many people will invest on their site again. HashOcean survived for several months and investors will try their services thinking it will last more 1 year or a bit less. Unfortunelly people still search and join this kind of site.

Robertqueen2

hero member

Activity: 826

Merit: 523

If you consist on investing in cloud mining, why you don't mine altcoins instead of Bitcoin, some altcoins may give you profit more than mining Bitcoin, there are two sites you can use, Genesis mining and minergate, I see many people using minergate with VPS, but honestly I haven't tried it.

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

Quote from: molsewid on October 20, 2016, 10:10:46 AM

Wait What? cloud mining is not profitable at all it's your lucky when you got your money back guaranteed but some of cloud mining are really scammed and they run your bitcoin and you will not really make profit on there sysmtem if you are going to invite those people to register under you then it is much more better to earn money i think.

I think that means you think that cloudmining is not profitable and probably a scam, but it's ok to sell it to other people to collect referral commission?
Nice.

molsewid

hero member

Activity: 2170

Merit: 530

Quote from: JITENDERPAR3 on October 16, 2016, 11:47:47 AM

i know that hardware and cloud mining both are not good .
i mean hardware mining is not much profitable and cloudmining are like ponzi scam .
but i want take risk with my btc . i want make a profit like system which can give me some btc weekly or monthly without hard until tge site not ran away .
now , i want ask to the only mining experienced person they should suggest me which cloudmining site is best . because i want take risk with my money or btc .

caution:- do not post here like " leave this idea" , " it is scam ", it is not profitable " etc only best suggestion by the cloud mining users . and for other i will request to keep distance from this post .

Wait What? cloud mining is not profitable at all it's your lucky when you got your money back guaranteed but some of cloud mining are really scammed and they run your bitcoin and you will not really make profit on there sysmtem if you are going to invite those people to register under you then it is much more better to earn money i think.

Topic: i want start cloudmining !!! (Read 1993 times)