profits, it need time, so much time
Around 8-12 Months ROI I think lol, or longer if the cloud miner just subtract some earnings as fee while the price of bitcoin is incredibly low 
Topic: Is Cloud Mining profitable? (Read 1300 times)
profits, it need time, so much time
You need a lot hash too for mining, with bitcoin diff recently i'm sure cloud mining or mining itself is not profitable, except for people who have free electric bills and a lot budget for buy a hash.
And mostly cloudmining service is turn into ponzi scam.
It s not about how profitable it is, it s about how safe it is.
So many of cloud websites turned out to be nothing but scams. This is why people avoid these.
This is also why I have switched to proof of stake coins, it s the future of altcoin mining. It is equality profitable and much safer cause you keep coins in your wallet and not in some online website.
I like DMD Diamond but there are other cool PoS coins. Let me know if you need more help or info about this.
So many of cloud websites turned out to be nothing but scams. This is why people avoid these.
This is also why I have switched to proof of stake coins, it s the future of altcoin mining. It is equality profitable and much safer cause you keep coins in your wallet and not in some online website.
I like DMD Diamond but there are other cool PoS coins. Let me know if you need more help or info about this.
profits, it need time, so much time
I've heard many of cloud mining websites after few months turn to be scams and run with whatever money that have from the contracts
I'm not sure cloud mining is a profitable solution to me(or for most people really, it seem kind of a gamble or a very very slow thing). Personally electricity where i live is cheaper than any hosted solution i found.
But if i did, i don't think i would trust many website. I would probably stick with Bitmain's cloud since they have been selling ASIC for quite a while. Even though i would argue Bitmain's practice has some dubious ethics in a few areas, i would believe them slightly less likely to outright scam people.
Hashie scammed me
Amhash scammed me
Cloudmining.website scammed me
Cloudminr.io....well, I managed to ROI there. After that, they scammed me.
Most of times, coudmining means Ponzi.
Cloudmining.website did not scam anyone. Sometimes people mine less and sometimes they mine more. This is very normal to mining. Cloudmining.website is still mining and paying everyone. They are one of the longest standing cloud mining entity right now.Amhash scammed me
Cloudmining.website scammed me
Cloudminr.io....well, I managed to ROI there. After that, they scammed me.
Most of times, coudmining means Ponzi.
They rised withdraw limit to 0.01, and the " earnings" are so bad (much more than other companies) that with 30 mhash I wasn't able to do 0.01 in months...
Can you really call it scam then ? As I said, most of us are mining good at CMW, since we increased our hash power.
Hashie scammed me
Amhash scammed me
Cloudmining.website scammed me
Cloudminr.io....well, I managed to ROI there. After that, they scammed me.
Most of times, coudmining means Ponzi.
Cloudmining.website did not scam anyone. Sometimes people mine less and sometimes they mine more. This is very normal to mining. Cloudmining.website is still mining and paying everyone. They are one of the longest standing cloud mining entity right now.Amhash scammed me
Cloudmining.website scammed me
Cloudminr.io....well, I managed to ROI there. After that, they scammed me.
Most of times, coudmining means Ponzi.
Hashie scammed me
Amhash scammed me
Cloudmining.website scammed me
Cloudminr.io....well, I managed to ROI there. After that, they scammed me.
Most of times, coudmining means Ponzi.
Cloudmining.website did not scam anyone. Sometimes people mine less and sometimes they mine more. This is very normal to mining. Cloudmining.website is still mining and paying everyone. They are one of the longest standing cloud mining entity right now.Amhash scammed me
Cloudmining.website scammed me
Cloudminr.io....well, I managed to ROI there. After that, they scammed me.
Most of times, coudmining means Ponzi.
They rised withdraw limit to 0.01, and the " earnings" are so bad (much more than other companies) that with 30 mhash I wasn't able to do 0.01 in months...
I use hashnest and I like it very much other then bit-x
Hashie scammed me
Amhash scammed me
Cloudmining.website scammed me
Cloudminr.io....well, I managed to ROI there. After that, they scammed me.
Most of times, coudmining means Ponzi.
Cloudmining.website did not scam anyone. Sometimes people mine less and sometimes they mine more. This is very normal to mining. Cloudmining.website is still mining and paying everyone. They are one of the longest standing cloud mining entity right now.Amhash scammed me
Cloudmining.website scammed me
Cloudminr.io....well, I managed to ROI there. After that, they scammed me.
Most of times, coudmining means Ponzi.
no they are not. most of them cloud mining = ponzi
I have an up to date list of the legitimate providers at ultimate guide to bitcoin cloud mining
Your list https://bitcoinnewsmagazine.com/ultimate-guide-to-bitcoin-cloud-mining/ is very handy, I like it because they are rigs for long term investments. 
I have an up to date list of the legitimate providers at ultimate guide to bitcoin cloud mining
Cloud mining that could be found profitable are those that have log tenure for its expirations but rig renting and the likes with short tenure of contract expirations are waste of funds because the profits only goes to the owner of the rig.
I don't think it is, most cloudmining sites end up as a scam
Hashie scammed me
Amhash scammed me
Cloudmining.website scammed me
Cloudminr.io....well, I managed to ROI there. After that, they scammed me.
Most of times, coudmining means Ponzi.
Amhash scammed me
Cloudmining.website scammed me
Cloudminr.io....well, I managed to ROI there. After that, they scammed me.
Most of times, coudmining means Ponzi.
All the people keeps telling me that cloud mining isn't profitable anymore. So why do people keep mining?
I, as a cloud miner see it as a profitable endeavour simply because I trade my ghs and keep a close look over my profits and losses.
What's experience with cloud mining?
I, as a cloud miner see it as a profitable endeavour simply because I trade my ghs and keep a close look over my profits and losses.
What's experience with cloud mining?
If peoole stopped mining btc it would cause the downfall.. No one would confirm the transaction and the system would be prone to attacks.. My experience in cloud mining is Gaw miners screwed meh money
it's profitable if you can get some free hashrate, other than that, it depends entirely on the Bitcoin price.
As long as that value remains below 320$, profits are hard to come by
As long as that value remains below 320$, profits are hard to come by
All the people keeps telling me that cloud mining isn't profitable anymore. So why do people keep mining?
I, as a cloud miner see it as a profitable endeavour simply because I trade my ghs and keep a close look over my profits and losses.
What's experience with cloud mining?
I, as a cloud miner see it as a profitable endeavour simply because I trade my ghs and keep a close look over my profits and losses.
What's experience with cloud mining?
Its honestly a bit hard.
It's true that ghs is devaluing somewhat slower, but the hosting fee is pretty high. I can ROI 50-100% Faster at home.
Assuming you don't get scammed... I still think it takes too long to ROI for a BTC venture.
You could check out Bitmain's.
It depends on the site. Most are crooks, but there are a few decent ones. Bit-x is a pretty good one.
All the people keeps telling me that cloud mining isn't profitable anymore. So why do people keep mining?
I, as a cloud miner see it as a profitable endeavour simply because I trade my ghs and keep a close look over my profits and losses.
What's experience with cloud mining?
I, as a cloud miner see it as a profitable endeavour simply because I trade my ghs and keep a close look over my profits and losses.
What's experience with cloud mining?
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