Topic: Legit bitcoin mining company - page 5. (Read 24500 times)

Do you use Genesis mining? How about contract? Can be upgrade or need to new contract?

Genesis Mining has allowed a lot of us freedoms we've never experienced!!!

Im using hashflare service right now and keep profiting a little bit everyday.

I need to learn other crypto currency atm, whats good alt coin to mine now?

How can anyone say after research that they have a good reputation in the world of mining? Page 1 of google search on genesis trust/scam shows you a lot of unhappy people. Forum search here shows you ROI after many, many months which won't be reached as your contract will probably expire first. They have poor reputations in this world. Outside, with good marketing and PR, yes they are legitimate.

You're better off mining alt coins. The difficulty is so high on Bitcoin it's not really worth it atm. If you want to do cloud mining I recommend miningrigrentals or Nicehash. I've made a profit a few times on Nicehash. Pick an alt coin that is profitable on Coinwarez and go to both sites and find the most affordable hash rate for that profitable coins algorithm and mine rent some hashing power. 

I invested in hashflare.io so far i haven't encountered any problems with them. The bad side in investing in mining company is that the ROI is very slow and there's always a chance that you will get scammed instead of profit in return. Its better to invest in trading than mining companies because the chance of getting profit is very high and you can withdraw your capital anytime you want.

 BTC China Pool, BitFury, DiscusFish/P2Poo, and AntPool are among some legit BTC mining companies.

i am using genesis-mining and they are paying daily and u are profitable with ur contract always.

What nanohash and telcominer? Thinking to use them.

i am using both Hashflare and genesis-mining and have no problems what so ever with either of them. bought a small dash contract a little while ago and for now its looks good. hope i see it the right way

Both of them do have a pretty good reputation in the world of mining. But cloud mining is not a solution for you to make a profit, there are still many ways that can be done. The easiest is to rent a rig, by doing that we can earn a greater income. And if you want a much better income then buying hardware mining is a very appropriate choice.

minergate.com mining online.   just bitcoin. cloud mining.  check it out.

Try out genesis mining or hash flare. I was in ambiguity before too but now I have read so much about them and they look far better than any other mining companies. Don’t try out any other than this as we don’t have positive trust about other. In this one I will suggest you hash flare from my side as I had invested and paid out two times. My hash rate is pretty low so it takes me around one month to reach the minimal threshold. Hope you will get some positive reply too. :-)

Check it out here for more Legit and Scam sites on Bitcoin mining sites
http://www.scamshouters.com/

They all go down sooner or later it's a tough gig to run to my knowledge

cloud mining sites everywhere

I am working with hash flare currently. The pools are fluctuating a lot now a days. They have removed two pools from the project because it was not profitable to them. Now they have BW pools getting mined and I’m using the 870 TH/s rate currently. Invested a lot money and according to their visual calculator my ROI seems to be 1 years long. So you may wanna try it if you re patient and can hold your investment for atlas one year over there.

I bought a mining contract with bit club network.A lot of people promote it because the affiliate marketing program they offer has the potential for passive income but I'm not doing that.

I invested $1500 US worth of bitcoin into the contract in November 2016 and today I've just about broken even with two years left on the contract. I should say however that the only reason I'm about even now is because both Bitcoin and Ethereum have seen dramatic jumps in price since I started with the contract.

If not for that I'd probably be down 70% or more. Since I bought the contract for three years and I've broken even I'm going to stick with it, especially because I've already spent the money.

That said I think most serious mining opportunities don't allow the general public to take a share. If you were making lots of money mining you wouldn't need to give anybody else the profit.If I would have spent my $1500 buying bitcoin or ether instead of the mining contract, I could have as much as $50,000 right now, so you have to consider The cost of taking an opportunity.

I can also say however that I don't regret it because I was brand-new to bitcoin in terms of actually owning some and there's no way I would have known about Ethereum's value when I started, Both in terms of what it offers technologically and the fact that the prices jumped thousands of percentage points this year.

Hope that helps!

I personally mine with BitClub Network (BCN). They are the only ones I know who mine with a sustainable programme in place, with advantages in environmental conditions, and maintenance and upgrading plans in place, so that mining becomes a hassle-free process for the members. These are important factors to consider when joining a mining community - a plan to keep up with the latest hardware in order to remain relevant in mining is highly mandatory (although often overlooked). BCN have been mining over the last 3 years, and have moved from the AntMiner S3 to the S5 and currently on the S9 over the years. If the S10 or S11 were out tomorrow, those will be acquired and setup for mining. A special continuous repurchase of partial shares allow this arrangement to be possible, without further reinjection of capital from the members. These repurchases also keep the contract perpetual, until such time when it is no longer profitable to mine with the current mode of operation. They also offer shares for GPU mining, of which I currently have 3 all set to mine ethereum.

Some information and FAQ may be found on the following pages, including legitimacy and some current figures in mining earnings:

http://www.coinpurveyor.com/benefits-of-joining-bitclub-network/
http://www.coinpurveyor.com/faq-bitcoin-mining-bcn/
http://www.coinpurveyor.com/buy-hold-vs-mining-bitcoin/

Contact links are provided on those pages for further queries.

Maybe genesis mining and hashnice is what you can trust if you want cloud mining. But I do not recommend it because cloud mining is a system that can not be trusted. You better buy a rig, although with big capital but you can get a favorable result if doing mining with gpu. This one is the best way to do it, you can do it and get what you want.