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
Topic: Legit bitcoin mining company - page 2. (Read 24500 times)
Wanna do the genesis mining but they don't have any btc hash to sell.
How much do I need to make profit on hashflare? Did anyone try it out?
You don't need "How much", you need "How long", because no matter how much you pay for them, the profit depends on your investment, you pay "much" you get "much".How much do I need to make profit on hashflare? Did anyone try it out?
Just make sure you don't invest on the wrong boat, alt-coins cryptomining is very unstable nowadays, just go try bitcoin for your 1st time.
There is this new mining company that offer 5% daily. Seems to be legit but am not sure how far they can go.
https://bitcurr.top/index.php?boss=4869
https://bitcurr.top/index.php?boss=4869
www.Cryptocloud.eu is pretty nice! great support and cheap cloud mining
Bro there are very few legitimate mining companies. You need to do your research and understand that 99% of them are outright scams and you should not give them your money.
I think best way is to make your own rig, and start...
Maybe the best is to make machines and rent
Wanna do the genesis mining but they don't have any btc hash to sell.
How much do I need to make profit on hashflare? Did anyone try it out?
How much do I need to make profit on hashflare? Did anyone try it out?
Sounds to me like you pay for someone else to build a rig with your money, and then they get to keep it when you are done using it.
Bro there are very few legitimate mining companies. You need to do your research and understand that 99% of them are outright scams and you should not give them your money.
I use three cloud mining platforms.
Minergate.
Easy to use interface. Profit over 12 months is low. After 11 months of mining you break even. After that you will see a daily passive income. Rubbish support though, and currently they have a BTC withdrawal issue. I have 32476.7152 GH/s with them producing approximatly $35 per day.
https://minergate.com/a/fccb58faf2c81505fc5d6d0e
Skills Dragon/ Lifestyle Galaxy
Offers MultiMining coin mining and BTC mining. More profitable than Minergate. I currently have 22.5TH with them and I earn approx $15 per day. But the perchase of the mine is less expensive (hence more profit.). You break even with BTC after about 7 months. I currently also mine EXP which is very profitable. You can break even after only 3-4 months. The contracts are for 3 years. But any hashrate you buy via repurchaseare yours and will keep mining indefinetly as long as mining is profitable/
http://strawman.skilldragon.com
I also use Genisis mine but currently they are out of stock for BTC minien kit
I hope that helps
Minergate.
Easy to use interface. Profit over 12 months is low. After 11 months of mining you break even. After that you will see a daily passive income. Rubbish support though, and currently they have a BTC withdrawal issue. I have 32476.7152 GH/s with them producing approximatly $35 per day.
https://minergate.com/a/fccb58faf2c81505fc5d6d0e
Skills Dragon/ Lifestyle Galaxy
Offers MultiMining coin mining and BTC mining. More profitable than Minergate. I currently have 22.5TH with them and I earn approx $15 per day. But the perchase of the mine is less expensive (hence more profit.). You break even with BTC after about 7 months. I currently also mine EXP which is very profitable. You can break even after only 3-4 months. The contracts are for 3 years. But any hashrate you buy via repurchaseare yours and will keep mining indefinetly as long as mining is profitable/
http://strawman.skilldragon.com
I also use Genisis mine but currently they are out of stock for BTC minien kit
I hope that helps
Hi
did you get paid off on MinerGate?
And what you are using for mining?
I use three cloud mining platforms.
Minergate.
Easy to use interface. Profit over 12 months is low. After 11 months of mining you break even. After that you will see a daily passive income. Rubbish support though, and currently they have a BTC withdrawal issue. I have 32476.7152 GH/s with them producing approximatly $35 per day.
https://minergate.com/a/fccb58faf2c81505fc5d6d0e
Skills Dragon/ Lifestyle Galaxy
Offers MultiMining coin mining and BTC mining. More profitable than Minergate. I currently have 22.5TH with them and I earn approx $15 per day. But the perchase of the mine is less expensive (hence more profit.). You break even with BTC after about 7 months. I currently also mine EXP which is very profitable. You can break even after only 3-4 months. The contracts are for 3 years. But any hashrate you buy via repurchaseare yours and will keep mining indefinetly as long as mining is profitable/
http://strawman.skilldragon.com
I also use Genisis mine but currently they are out of stock for BTC minien kit
I hope that helps
Minergate.
Easy to use interface. Profit over 12 months is low. After 11 months of mining you break even. After that you will see a daily passive income. Rubbish support though, and currently they have a BTC withdrawal issue. I have 32476.7152 GH/s with them producing approximatly $35 per day.
https://minergate.com/a/fccb58faf2c81505fc5d6d0e
Skills Dragon/ Lifestyle Galaxy
Offers MultiMining coin mining and BTC mining. More profitable than Minergate. I currently have 22.5TH with them and I earn approx $15 per day. But the perchase of the mine is less expensive (hence more profit.). You break even with BTC after about 7 months. I currently also mine EXP which is very profitable. You can break even after only 3-4 months. The contracts are for 3 years. But any hashrate you buy via repurchaseare yours and will keep mining indefinetly as long as mining is profitable/
http://strawman.skilldragon.com
I also use Genisis mine but currently they are out of stock for BTC minien kit
I hope that helps
Genesis mining is the most legit one available. I more recommend to mine yourself. It's cheaper and you will earn way more profit.
I need to pull my sleeves to digest this one now. Recently read that genesis mining site has stopped paying their users in first place on daily basis. At least this is coming from the trusted source that is thus forum itself. Today morning I read about topic saying genesis mining is not paying since few days and when called to support they said it's been delay to some users but they are still paying. This looks very fishy and don't know whether to trust them or not.
It's not a question of whether they're legitimate or not the question of whether you're going to make money or not. No you are never going to make money renting Cloud mining. If it was profitable then you would never be renting it because the company wouldn't be letting other people use their mining Farm they would be doing it themselves.
Doing it themselves they have a pretty mild Revenue loss, but when they get somebody like you to pay them a higher amount that they would normally get in return, then they're getting rid of that Revenue loss and passing it off to the consumer, which is you.
99.9 % of cloud mining is scam !
Cloud mining is a scam, buy the coin or buy a miner yourself.
I only know genesis-mining since a friend told me about them. I've checked their website and the investments, unfortunately it'll take sometime to ROI and make a profit. The last time I've heard about them is there was a delay in payment and they are working on the issue. I am not sure if I am a long-term type of a person when it comes to cloud mining so I didn't made any investments. I'd probably just buy any altcoins, hodl or learn trading to earn some btc's in a short term period.
It's not a question of whether they're legitimate or not the question of whether you're going to make money or not. No you are never going to make money renting Cloud mining. If it was profitable then you would never be renting it because the company wouldn't be letting other people use their mining Farm they would be doing it themselves.
I'm newbie here,Are there any legit bitcoin mining company or basically most of them are just scam.
Some of them are real, but before you are starting to use one I suggest you do your research about that site first. Most of the new people are too naive to do that and think they can be rich in no-time with it. And before they know it all of their savings are gone.
I agree. Everyone would need to do some research and be realistic about it. These days if you get 1TH/s don't expect a miracle. Neither would I recommend ETH or Monero mining on GM. The ROI is not good and the prices too high for their contracts.
If you wouldn't use an Antminer S7 with 4.77TH/s these days don't complain if your 2TH/s gets less and less profitable. It's a the same game as per hardware mining yourself. At some stage you need to upgrade if you want to remain profitable.
4.77 is too less to start because we know bitcoin difficulty is increase every hours and if we only use s7, then we can not expecting make profit in a month. beside that we need to calculate about electricity fee (this is the most big problem for miner). i've done for mining in the past and i think i don't recommended for people to mining bitcoin if they don't have big hashrate but i suggest to mining altcoin because the possibility to make profit is still wide open but its depend on the coins we are mining.
I'm newbie here,Are there any legit bitcoin mining company or basically most of them are just scam.
Some of them are real, but before you are starting to use one I suggest you do your research about that site first. Most of the new people are too naive to do that and think they can be rich in no-time with it. And before they know it all of their savings are gone.
I agree. Everyone would need to do some research and be realistic about it. These days if you get 1TH/s don't expect a miracle. Neither would I recommend ETH or Monero mining on GM. The ROI is not good and the prices too high for their contracts.
If you wouldn't use an Antminer S7 with 4.77TH/s these days don't complain if your 2TH/s gets less and less profitable. It's a the same game as per hardware mining yourself. At some stage you need to upgrade if you want to remain profitable.
I'm newbie here,Are there any legit bitcoin mining company or basically most of them are just scam.
Some of them are real, but before you are starting to use one I suggest you do your research about that site first. Most of the new people are too naive to do that and think they can be rich in no-time with it. And before they know it all of their savings are gone.
I'm newbie here,Are there any legit bitcoin mining company or basically most of them are just scam.
I think the word "scam" gets thrown around too loosely these days but to answer your questions, no, legit mining companies are not scams. There are some HYIP sites that proclaim they are using mining as a means for everyone who invests makes money but a real mining operation is not a scam. Some HYiP sites that proclaim they mine can be. Some of the better cloud Mining companies are Genesis Mining, HashFlare, Hashing24 and NiceHash.
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