Legit bitcoin mining company | Bitcointalksearch.org

Jedzkie050617

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Activity: 476

Merit: 11

Quote from: therhslv on December 03, 2017, 11:19:54 AM

I just dont understand whats the point lets say for genesis mining rent out hashpower , it they can mine themself and keep more profit ? Can somebody explain please ?

As far as my knowledge is concern, as what I know about genesis mining it is the largest cloud mining company. Though, there some complaints due to the power consumptions and during there mining could not have a good output but I think there might some factors affects on there mining process. Somehow, there is still legit mining company that really can give a profitable output.

Fatog

newbie

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any latest bitcoin sites???

hashcoinusa

member

Activity: 342

Merit: 10

Sierrahash is offering free 150 GH/s hash power to start . They only mine bitcoin & office in London.

https://www.sierrahash.com/?ref=216436

asadsiddiqui

newbie

Activity: 11

Merit: 10

The bitcoin mining company is a fairly new type and I have not known it before. I know that most countries have not recognized bitcoin and crypto so bitcoin mining is still not public. So if there is a company that specializes in bitcoin mining is quite a strange thing.

bizalaz

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Activity: 294

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Based on my experience, in my opinion, the most legitimate mining bitcoin company is the genesis of mining business

btcapollo

member

Activity: 115

Merit: 10

Quote from: suzanne5223 on December 04, 2017, 05:53:38 AM

Quote from: alymwb on December 04, 2017, 02:09:28 AM

Based on my experience, I think the most legitimate bitcoin mining company is genesis-mining, as they have their own mining rig and active in participating at conferences regarding cryptocurrency and blockchain. But you can also check Hashflare, Eligius, Slush pool, BTCC, GBMiners, and Mining Hub. I will not be posting here referrals from these sites, so it is up to you to do your research and see if you really want to try them or not...

Genesis Mining is the largest cloud mining company on the market but there's no legit cloud mining company because they end up scamming their users and the same genesis company have been accused of scamming their users. Besides, if you ask any member on here who's moderator,Legend or hero none of them will advice you to invest into cloud mining site because they are all ponzi site.

I don't know if I would go so far as to say that Genesis is a ponzi scheme; I'm sure some cloud mining businesses are definitely ponzi schemes. With all of these cloud mining sites, you buying a hashing power at a premium than if you operated the miner. It will severely impact your ROI.

MhizC

newbie

Activity: 44

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I really find it difficult yo understand all what mining is. Someone please help

suzanne5223

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Quote from: alymwb on December 04, 2017, 02:09:28 AM

Based on my experience, I think the most legitimate bitcoin mining company is genesis-mining, as they have their own mining rig and active in participating at conferences regarding cryptocurrency and blockchain. But you can also check Hashflare, Eligius, Slush pool, BTCC, GBMiners, and Mining Hub. I will not be posting here referrals from these sites, so it is up to you to do your research and see if you really want to try them or not...

Genesis Mining is the largest cloud mining company on the market but there's no legit cloud mining company because they end up scamming their users and the same genesis company have been accused of scamming their users. Besides, if you ask any member on here who's moderator,Legend or hero none of them will advice you to invest into cloud mining site because they are all ponzi site.

alymwb

full member

Activity: 238

Merit: 100

Based on my experience, I think the most legitimate bitcoin mining company is genesis-mining, as they have their own mining rig and active in participating at conferences regarding cryptocurrency and blockchain. But you can also check Hashflare, Eligius, Slush pool, BTCC, GBMiners, and Mining Hub. I will not be posting here referrals from these sites, so it is up to you to do your research and see if you really want to try them or not...

Happiest

member

Activity: 207

Merit: 22

I will suggest you mine on your own if you are in a country with stable electricity and if also you can afford the electricity bills.
The reason is that, most times its hard to say which cloud mining companies is the best; one minutes they are doing good, the other minutes they are disappointing.
The ones that are know and use to be good then was Genesis cloud mininng and Hashflare, though now I can't say for sure if they are still good. Check them out though and read their recent reviews.

Bitshare Hashaway

newbie

Activity: 9

Merit: 1

If you can't mine Bitcoin yourself, your next best thing is to buy and hold. Period. We started mining on our own in October and it is 4 times more profitable than we thought: https://youtu.be/acaeeRAxt8M

The problem with cloud mining is that they charge you a fee, which is usually 30% of returns, so you loose a lot from the start, and as difficulty increases, you will be making nothing in no time. If you mine on your own, the pool fees are around 2-3% and you keep all your returns. Mining is not as complicated as you would think, just follow my channel and you will see.

Cheers
André

vucko123

newbie

Activity: 1

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If you want to mine cryptocurrency for some extra income COMPUTTA is a great place to start their automated system checks which currency is most affordable to mine at the moment and mines it, so you have maximum earnings for your H/s https://computta.com/?ref=110682 it is compleatly free and you dont have to enter any credit card information to enter. I have been looking for something like this a long time and i have tried out many similar apps and so far this one is the best. At least try it out is doesn't cost you anything https://computta.com/?ref=110682

therhslv

sr. member

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I just dont understand whats the point lets say for genesis mining rent out hashpower , it they can mine themself and keep more profit ? Can somebody explain please ?

dx_twisted

full member

Activity: 294

Merit: 114

Quote from: ra1ders on May 29, 2017, 11:17:11 AM

I'm newbie here,Are there any legit bitcoin mining company or basically most of them are just scam.

As far as I know, Genesis Mining and Hashflare.io were the legit sites when it comes to BTC cloud mining. However, the results were'nt that great, as it could take years for you to ROI because of mining higher difficulty. Add to the fact that both sites charge fees which they use to continue their operation and cover such expenses for mining, electricity and maintenance.

Today, there are a lot of sites sprouting like mushroom which offer the same exact service. But, In reality, they are just HYIP or Ponzi sites acting to be legit in the first few weeks or months. Once they accumulated enough BTC or hit their target profit, they will be gone for good along with your investment.

julzcoinbit

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Activity: 434

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Quote from: ekurtovic on September 14, 2017, 08:35:11 AM

Quote from: Robert78 on September 13, 2017, 06:52:08 AM

Im using Genesis Mining. I am satisfied with it. Payouts are daily and they are quick to get a hold of should you have any questions or issues.
With that being said, dont expect to make a quick buck. Im sitting at around 7-8 months

What are you use for mining?

Mining is a process that helps the bitcoin users to there different transactions that will recorded in the blockchain throughout the world since using a laptop is incapable all the transactions. A legit mining company as of this days, is rare to find but I know there have some legit bitcoin mining company but I don't think if it can give a good profitable output. Well, If you want to mine you must have a miner device and you must aware on different factors like power consumptions, location of your place if the internet connections is strong enough for the mining operation.

hashcoinusa

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sierrahash.com is another cloud miner. Has anyone tried them?

BlackPanda

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Quote from: Robert78 on September 13, 2017, 06:52:08 AM

Im using Genesis Mining. I am satisfied with it. Payouts are daily and they are quick to get a hold of should you have any questions or issues.
With that being said, dont expect to make a quick buck. Im sitting at around 7-8 months

genesis mining is indeed one of the cloud mining sites that still pays to date. but I am not convinced that cloud mining can earn me income. I feel that cloud mining is just a waste of time I have, months is a very long time. but we can make other investments in a shorter time. so do the other way to use the bitcoin we have, take the best chance we want to get.

ekurtovic

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Activity: 210

Merit: 100

Bosnia...

Quote from: Snapsnaggen on September 13, 2017, 07:14:54 AM

I use Cryptogold. Its the best Company i've seen so far out there.
They garantie lifetime mining. They take 50% of your mining and invest it in new Hardware for you and the costs which come from the mining.
You can mine Bitcoin, Litecoin, Dash, ETH and Zcash. You are also able to switch between the altcoins.
You can visit the Website here and see it for your self.
https://cryptogold.com/?lang=en

One can only join when invited to the community. If someone needs help or any information, send me a message!

I see this is Germany site? Are get some GUI program, or over some CMD window? And what I need to have for mining? Roll Eyes

ekurtovic

full member

Activity: 210

Merit: 100

Bosnia...

Quote from: Robert78 on September 13, 2017, 06:52:08 AM

Im using Genesis Mining. I am satisfied with it. Payouts are daily and they are quick to get a hold of should you have any questions or issues.
With that being said, dont expect to make a quick buck. Im sitting at around 7-8 months

What are you use for mining?

Snapsnaggen

newbie

Activity: 8

Merit: 0

I use Cryptogold. Its the best Company i've seen so far out there.
They garantie lifetime mining. They take 50% of your mining and invest it in new Hardware for you and the costs which come from the mining.
You can mine Bitcoin, Litecoin, Dash, ETH and Zcash. You are also able to switch between the altcoins.
You can visit the Website here and see it for your self.
https://cryptogold.com/?lang=en

One can only join when invited to the community. If someone needs help or any information, send me a message!

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