Is investing in mining still worth it? - page 16.

Babayega31

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Quote from: BTCdoaA on July 05, 2016, 05:14:11 AM

Quote from: rphk on July 05, 2016, 05:08:27 AM

I do not suggest to invest on cloud mining site because they go scam anytime , i already had best experience investing on cloud mining site like hash ocean ,some one said has ocean is legit paying past two years , but it turned scam 15 days back.

yes cloud mining going to be scam anytime soon like what happen in hashscam in all case wait at least for bitcoin halving then look at hashnet again to calculate your profit .

Bad times for investor is coming cloudmining for today is slowly down and running with plenty of money, thats why we should really not to look at it as way we can earn money because they are made just to scam people and make their self rich, and we must bare to our minds that even real mining hardwares are not profitable how much more the cloudminings, and for the sites running it they are all ponzi that will turn scam

bapparabi

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yes we have to keep eye on the halving once it happen we can know if mining is profitable or not all depend mat be price will increase

Ethey

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Quote from: BTCdoaA on July 05, 2016, 05:14:11 AM

Quote from: rphk on July 05, 2016, 05:08:27 AM

I do not suggest to invest on cloud mining site because they go scam anytime , i already had best experience investing on cloud mining site like hash ocean ,some one said has ocean is legit paying past two years , but it turned scam 15 days back.

yes cloud mining going to be scam anytime soon like what happen in hashscam in all case wait at least for bitcoin halving then look at hashnet again to calculate your profit .

that sounds angry Grin

wait until the halving is there

I think the Price will simply increase Wink

BTCdoaA

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Quote from: rphk on July 05, 2016, 05:08:27 AM

I do not suggest to invest on cloud mining site because they go scam anytime , i already had best experience investing on cloud mining site like hash ocean ,some one said has ocean is legit paying past two years , but it turned scam 15 days back.

yes cloud mining going to be scam anytime soon like what happen in hashscam in all case wait at least for bitcoin halving then look at hashnet again to calculate your profit .

rphk

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I do not suggest to invest on cloud mining site because they go scam anytime , i already had best experience investing on cloud mining site like hash ocean ,some one said has ocean is legit paying past two years , but it turned scam 15 days back.

HarryKPeters

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Quote from: Ethey on July 05, 2016, 01:29:53 AM

Quote from: mindrust on July 04, 2016, 05:26:46 PM

At this price point, it definitely is. You always need cheap electricity but people were making profits even when the price was 450$. Still, you never know what is going to happen to the price so it is still a bit of gambling. Every investment has a little bit of gambling in itself tho, i wouldn't invest my life savings into mining.

Hmm, im not really thinking Mining is really "profitable" at the moment. Only really if u do it really really big.. than u could earn a lifing from but this is so much invested Money that if something would happen u maybe gonne lose everything :/

It's isn't profitable, and i strongly doubt it was profitable ever. IF you have money to invest there are 2 safe options
- Holding for an increase
- Trading altcoins

Newcoins2020

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Quote from: smho_16 on July 03, 2016, 03:33:20 PM

Hashnest is the most legit cloud mining company because its backed up by bitmain the company which produces the antminers so they are as legit as it can get. You will have difficulty ROI-ing with them, but a lot of shit posters here who talk without knowing anything and claiming this is a ponzi.
You can invest in Hashnest and they will be here as long as Bitmain will continue producing antminers.

It's legit like genesis mining but there is 2 differences
Genesis mining have scammed users in the past with Scrypt hashing
Genesis mining is famous for determing payout how they suit fine. Making it too expensive.

What they do both is offer nobody ROI though

Ethey

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Quote from: mindrust on July 04, 2016, 05:26:46 PM

At this price point, it definitely is. You always need cheap electricity but people were making profits even when the price was 450$. Still, you never know what is going to happen to the price so it is still a bit of gambling. Every investment has a little bit of gambling in itself tho, i wouldn't invest my life savings into mining.

Hmm, im not really thinking Mining is really "profitable" at the moment. Only really if u do it really really big.. than u could earn a lifing from but this is so much invested Money that if something would happen u maybe gonne lose everything :/

SANALIU

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inviesting mining majority only hyip not real mining
only member get member and result scam

mindrust

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At this price point, it definitely is. You always need cheap electricity but people were making profits even when the price was 450$. Still, you never know what is going to happen to the price so it is still a bit of gambling. Every investment has a little bit of gambling in itself tho, i wouldn't invest my life savings into mining.

hasiramasenju

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the biggest problem for investing at cloud mining because most of them are fake and too many people got scam from those cloud mining but in my opinion if you were really investing at the honest cloud mining i guess it is still profitable and you could ROI without any problem

praprata

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I honestly do not think its still profitable because of the fact that you are paying high bills for the energy and you are gaining almost nothing.
Also with the block size that is coming right now this will not be easy and it also that we do not need it anymore to make bitcoins nowadays.

Iceborn

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You can better not do this at all, as you can see a lot of websites that are mining are just ponzi's most of the times.
I really would not recommend you to invest in something like that, there are other methods to make some nice amount of bitcoins right now.

GregH37

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Only a stupid can think about investing in cloudmining sites. or someone who don't know what the cloudmining sites done with investers in early days.
if you know what happened with hashocean's 700,000 users then you will not invest your money to any cloudmining sites.
better to just hold your funds or just give them to someone else instead of giving them to a scammer.

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Quote from: CryptoBjorn on July 04, 2016, 03:57:20 AM

Quote from: Cxinbolen on July 03, 2016, 04:21:12 PM

Quote from: mrsalve on July 03, 2016, 03:50:33 PM

Better wait a halving before investing it to any cloud mining.

Correct me if I'm wrong, but wouldn't it be better to start right now and reap the benefits of the 25 BTC block reward while one can before it cuts in half, instead of waiting until rewards are only 12.5 BTC?

I would like to point out the many cloud mining scams; GAW miners, LTCgear, Hashie, Genesis Mining, Hashocean. As you can see this were quite large companies and yet they succeeded to scam their clients. So ask you, do you really think cloud mining is worth it or even profitable? My experience is that home mining, hasn't been profitable since the the S4.
Cloud mining has never been profitable.

Could you give more information about how your work done ? why you said we should not come with clould mining ?

CryptoBjorn

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Quote from: Cxinbolen on July 03, 2016, 04:21:12 PM

Quote from: mrsalve on July 03, 2016, 03:50:33 PM

Better wait a halving before investing it to any cloud mining.

Correct me if I'm wrong, but wouldn't it be better to start right now and reap the benefits of the 25 BTC block reward while one can before it cuts in half, instead of waiting until rewards are only 12.5 BTC?

I would like to point out the many cloud mining scams; GAW miners, LTCgear, Hashie, Genesis Mining, Hashocean. As you can see this were quite large companies and yet they succeeded to scam their clients. So ask you, do you really think cloud mining is worth it or even profitable? My experience is that home mining, hasn't been profitable since the the S4.
Cloud mining has never been profitable.

Cxinbolen

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Quote from: mrsalve on July 03, 2016, 03:50:33 PM

Better wait a halving before investing it to any cloud mining.

Correct me if I'm wrong, but wouldn't it be better to start right now and reap the benefits of the 25 BTC block reward while one can before it cuts in half, instead of waiting until rewards are only 12.5 BTC?

mrsalve

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Better wait a halving before investing it to any cloud mining.

smho_16

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Hashnest is the most legit cloud mining company because its backed up by bitmain the company which produces the antminers so they are as legit as it can get. You will have difficulty ROI-ing with them, but a lot of shit posters here who talk without knowing anything and claiming this is a ponzi.
You can invest in Hashnest and they will be here as long as Bitmain will continue producing antminers.

bitbunnny

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Just don't invest in cloud mining, there are some really bad experineces with that. Mining is not so much profitable as before but there is till room to earn something.

Topic: Is investing in mining still worth it? - page 16. (Read 12776 times)