Is cloud mining still a good invesstments in 2k17 ? - page 2.

pinoycash

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Quote from: bit-emperor on January 19, 2017, 05:45:48 AM

Quote from: headshot95 on January 16, 2017, 11:21:41 AM

I don't know if cloud mining is the right word but
i mean when you buy Mhash and the site mine for you without
the use of your computer...
A friend of mine told me about cloud mining in 2k14 and he said he made
his investment every 75 days
(like if you invest 300 dollars you get 300 dollars each 2.5 month)
so is it still a good investment today ?
what atr the best sites if so ?
thnx

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I have an experience ini cloudmining and it is a bad experience, just go away from cloud mining, because you Will lost your money or your Investment , trust me

Not only money the time to login and check your account is not worth it, the level of earnings are not worth all the trouble and will take a year to ROI and most earnings is eaten up by fees

bit-emperor

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Quote from: headshot95 on January 16, 2017, 11:21:41 AM

I don't know if cloud mining is the right word but
i mean when you buy Mhash and the site mine for you without
the use of your computer...
A friend of mine told me about cloud mining in 2k14 and he said he made
his investment every 75 days
(like if you invest 300 dollars you get 300 dollars each 2.5 month)
so is it still a good investment today ?
what atr the best sites if so ?
thnx

[/b][/size]

I have an experience ini cloudmining and it is a bad experience, just go away from cloud mining, because you Will lost your money or your Investment , trust me

SONG GEET

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Quote from: headshot95 on January 16, 2017, 11:21:41 AM

A friend of mine told me about cloud mining in 2k14 and he said he made
his investment every 75 days

This is just a fake claim, mining is not much profitable due to high difficulty and low block reward. Getting back what you have invested in just 75 days Shocked

Stay away, they may scam you within next 30 days or even earlier.

BitcoinHodler

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HODLing is an art, not just a word...

Quote from: headshot95 on January 16, 2017, 11:21:41 AM

.....like if you invest 300 dollars you get 300 dollars each 2.5 month)
so is it still a good investment today ?
what atr the best sites if so ?

you can always make your own calculations to see how long it will take for you to earn your money back (ROI) and then make profit but it is not 2.5 months. also when you are doing calculations you have to consider difficulty which is increasing and when it goes up your profit goes down.

and all this is only if the site is legit and not ponzi. there were some back in 2014-2015 but when price went down in those years and difficulty went up as always, they stopped working. and even back then it wasn't really a good investment.

BitHodler

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Quote from: jseverson on January 17, 2017, 03:26:55 AM

Why would you invest in cloud mining? At the first place the ROI would take so long and it will turn scam in the long run. Find another way to earn some profit.

It's indeed ridiculously stupid to continue trying to squeeze profits out of an industry that has been only profitable to the operators of the cloud mining sites.

But that's unfortunately not how some people think as they still look into cloud mining even though it's only a huge waste of time and money due to the constant increasing difficulty.

Also take in mind that operators can boost their profits at the time they get greedy by increasing the maintenance fees significantly. Every bit of income that you was generating when a block was found, goes directly to waste.

mobnepal

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Quote from: headshot95 on January 16, 2017, 11:21:41 AM

A friend of mine told me about cloud mining in 2k14 and he said he made
his investment every 75 days
(like if you invest 300 dollars you get 300 dollars each 2.5 month)
so is it still a good investment today ?
what atr the best sites if so ?

- Your friend may be trying to get some referral commission out of your investment.
- 100% profit in 75 days from cloud mining can't be a real return, this is enough to say they are actually hyip not mining anything.
- No investing in hyip with the face of cloud mining is risky, they can go offline within few weeks or days.
- There are no any best cloud mining sites to invest and get profit quickly, there are few but you may not get what you have invested back in next 2-3 years. Grin

jseverson

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Why would you invest in cloud mining? At the first place the ROI would take so long and it will turn scam in the long run. Find another way to earn some profit.

ranlo

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Quote from: Anarchist on January 16, 2017, 11:24:56 AM

I don't trust any, too much ponzis. Pretty sure your friend is only intrerested to enroll you in, to earn a commission, if any

Commission would be the only thing I can think of for why anyone would get involved. The idea behind cloud mining should make it obvious you wouldn't ROI. Why would I say "hey guys, I'm earning $100. How about you give me $80 and I'll not only give you the $100, but I'll do ALL the work and pay various expenses along the way, too?!"

crazyivan

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Your friend is a liar and not your friend at all.

There s no way one can reach ROI in 2.5 months, money does not fall down from the sky. You re way, way too late to enter mining business. So control your greed and read a bit before you spend you money.

Cheers.

ultrloa

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nope! as years pass by cloudminings are not profitable since the profits we accumulate from this is getting little by little and surely this type of investment option will be dead on upcoming years and those who will remain are only the scam site who's intention is to run a ponzi scheme and scam people around, better to try another profit earnings option rather than putting some capital on cloudminings its because i believe its worthless to put your money in their.

COOpow88

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Go to ask somebody brought cloud mining person, and to ask them give you advice. Any way , many people would failure invest into cloud mining , indeed their are lots of scam and Ponzi , but like pow88.com and hashnest , BTT hold on a certain post , many investors have confirmed they are not scam. They are trustable.

Is it a good investment ?

Miner Price: $768.37
Electricity fee: $1.1023/6THs/Day

Depends on how many btc you want to earn form cloud mining . Pow88.com will make your miners back to your destination after you choose to redeem at the end of mining hosting. 1 unit miner Avalon A7 can mining 1.2BTC in theory , and the miner cost only 0.8BTC.

Its not a best choice to invest cashes , but indeed a good choice in BTC.With difficulties goes higher, the profits will deduce. We also provide Litecoin MINERS.

avatar_kiyoshi

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Such question like this always appeared every year Roll Eyes

people don't want to research about what they want to do, there are a lot question about cloudmining, OP you better should use search features before make a question.

Well, with become increased bitcoin price, also mining difficult increase, bitcoin mining activity nowadays is very competitive, it's much harder to earn profit.
Moreover investing in cloudmining, the risky to considering is so much, ponzi scheme, collapsed, and not profitable(even you can't earn ROI in the right time).
So, my suggestion if OP want to do a mining, don't half measures, build your own mining farm.

favdesu

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cloud mining was never a good investment...

ArdiPrabowo

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cloud mining is not good investment
because not real mining only ponzy scheme and next time can scam
if you self mining use hadware still profitable

robelneo

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Maybe before but not anymore,there have been a lot of cloud mining that has gone down and the admin run away with investors money in the past,but if it is a registered company and they have a proven track record or you have visited their mining rigs then it's ok to invest ,but I still consider this as a risky investment.

jeraldskie11

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Cloud mining is the most high profitable investment. It doubles your money faster, and it run your money faster caused it is not trusted. Try to think in advance, why it is happen ? If they do the high profit, many people will invest to them so that is the reason. And if they do that for a long time, the company will be down. Thats the reason why they run away in just a couple days and forget the investment of the investor. I say that cause I have an experienced of that, I'd lost some of my money because of that.

adzino

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It actually depends on a lot of factors. BTC price aren't constant and fluctuates a lot, so your cloud mining profits will depend on this fluctuations. They also charge you maintenance fee, which all together might take long enough to break even and start making profits. But maximum number of cloud mining sites are scam and ponzies. So make sure you be careful while making an investment on cloud mining sites.

headshot95

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wow i didn't think it was a scam....
thank god i didn't have any money when my friend told me about it Grin

burwell39

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Cloud mining is not good for investing now. You are hard to collect your funds in short term . it's usually 2 or 3 years later even more longer and it's very easy to scam you at anytime. You can consider to buy more bitcoins and hold it for long time or you can investing some good ICO project such as Komodo Project https://bitcointalksearch.org/topic/annkmddpow-komodo-an-open-composable-smart-chain-platform-secured-by-b-1605144 or Chronobank https://bitcointalksearch.org/topic/buy-chronotech-time-on-kucoincom-1680361. They are some good ICO projects you can believe in them in the future.

dunfida

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Cloudmining sites is never a good investments and most people here on this forum knows about these crap website on which they are just total scams and really a waste of time and its better to stay away from this if i were you and dont believe to your friend and as the man said above me that your friend reacruiting you just for referal bonuses.

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