LEGIT CLOUDMINING SERVICE? | Bitcointalksearch.org

kingcolex

sr. member

Activity: 254

Merit: 1258

Quote from: Snorek on August 02, 2015, 02:54:55 PM

I used to trust Cloud Mining business in the past but it turned out that lion's share of it was actually shady and not transparent enough to be trusted in the long run.
Services like cloudminr.io, PBmining.com, Cryptomine.io or ltcgear turned out to be ponzi. If you really want to invest there are some companies which could be legit:
pow88.com, Bit-x.com, Megamine.com...

yeah I wouldn't trust those, not even bit-x. If they don't produce the hardware and prove it via hashrate I wouldn't buy.

misterycoins

sr. member

Activity: 249

Merit: 250

My recommendation is take BTC instead of buying hashing power buy the coin right now while it's low. Don't spend the money on a "contract" that is meaningless and could be worthless the next day.

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

Quote from: LiteCoinGuy on August 02, 2015, 10:15:47 AM

please visit:

https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387

yep, anyone even thinking about investing in cloud mining should read this. I don't even need a thread to tell me that cloud mining, even when legit is rarely profitable. common sense folks.

Alley

legendary

Activity: 910

Merit: 1000

Cloud mining is a joke. These company's can't make enough just mining for themselves so they get some shmuck to pay them to use their machines and make more then they would mining.

Snorek

legendary

Activity: 1400

Merit: 1001

I used to trust Cloud Mining business in the past but it turned out that lion's share of it was actually shady and not transparent enough to be trusted in the long run.
Services like cloudminr.io, PBmining.com, Cryptomine.io or ltcgear turned out to be ponzi. If you really want to invest there are some companies which could be legit:
pow88.com, Bit-x.com, Megamine.com...

GrandmaJean

sr. member

Activity: 280

Merit: 250

i believe that bit x is legit but you should use it at your own risk also theres no point in using cloud mining services as difficulty is increasing rapidly and it will soon be unprofitable

bitcollins85

full member

Activity: 235

Merit: 250

Even if you ignore the scam sites 90% of legit cloud mining is so expensive you will never ROI. if you can get it cheep enough then you can ROI but only just and anything you gain after it is mostly dust.

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Quote from: EarnBtcFaucet on August 02, 2015, 03:34:04 AM

Is there any high trusted cloudmining service that not will end up in a scam?

I agree that Bit-X and Hashnest are your best choices. My experience is that prices at Hashnest are better. You should think twice before buying hosted mining from any provider that does not have their own market so you can exit any time you like.

Services like Genesis Mining are legitimate but there is no way for you to sell your hash. Not to mention prices are higher than Hashnest. If you only have $50 in bitcoin to invest into cloud mining you can open an account at Hashnest, deposit your bitcoin and buy UMISOO hashing power today on the Hashnest internal market. Right now you can buy 122 GH/s UMISOO hashing power for 0.0404 btc or about 11 USD.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: 5dollarbill on August 02, 2015, 08:51:20 AM

as far as i've seen on the foruns, no cloudmining is trustworthy...

bit-x and hashnest are legit, until now there isn't a single user that had a bad experience with them, but this does not mean that they are profitable, which is their main issue

they are sitll the last reserve if you want to mine and have high electricity costs

Xialla

legendary

Activity: 1036

Merit: 1001

/dev/null

Quote from: EarnBtcFaucet on August 02, 2015, 03:34:04 AM

Is there any high trusted cloudmining service that not will end up in a scam?

even some of them may be legit (real HW based) cloud mining site, you will never ever make any profit with them.

Interested in bitcoin? buy them locally/on exchange and store them in paper wallets. never invest to anything, what contain words like preorder and cloud in bitcoin world.

futurebit640

hero member

Activity: 910

Merit: 1000

First thing, be careful because there are so many scam cloud mining company!
Cloud mining is not profitable anymore in my opinion, because they charge you high maintenance fee and bitcoin difficulty increasing will reduce your profit from cloud mining.

afriezalie

sr. member

Activity: 364

Merit: 250

If you look for legit cloudmining company rightnow, maybe you can try bit-x and genesis-mining. But i don't recommend to use cloudmining service. Cloudmining make you wasted you time and wait for very long time ROI without know when you will get back your bitcoin.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

please visit:

https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387

CEG5952

hero member

Activity: 658

Merit: 500

Buy and sell bitcoins,

Quote from: EarnBtcFaucet on August 02, 2015, 03:34:04 AM

Is there any high trusted cloudmining service that not will end up in a scam?

If I were you I wouldn't invest in some cloud mining. I'd rather invest on something like a project on a good joint venture rather than entrusting these clowns with my money. But hey that's just me. I really can't recommend you any as I don't want you to harm your money.

5dollarbill

member

Activity: 71

Merit: 10

as far as i've seen on the foruns, no cloudmining is trustworthy...

EarnBtcFaucet

member

Activity: 84

Merit: 10

Quote from: nikelad on August 02, 2015, 03:52:12 AM

The ROI for cloud mining is so low! I cannot understand you guys still bother to invest in it!

U mean it is very high, if it was low, everyone would do it...

nikelad

member

Activity: 86

Merit: 10

The ROI for cloud mining is so low! I cannot understand you guys still bother to invest in it!

EarnBtcFaucet

member

Activity: 84

Merit: 10

Quote from: OmegaStarScream on August 02, 2015, 03:44:40 AM

Quote from: EarnBtcFaucet on August 02, 2015, 03:38:29 AM

Quote from: OmegaStarScream on August 02, 2015, 03:36:39 AM

Quote from: EarnBtcFaucet on August 02, 2015, 03:34:04 AM

Is there any high trusted cloudmining service that not will end up in a scam?

Most likely it's https://cex.io/cloud-mining ? I never tried it but I know it's exists from long long time . (both cloud mining and exchange business)
You shouldn't trust any company randomly or you will end up either losing your money or getting hacked (if you use same password) and CloudMinr.io is a prove of that .

Is the cloudmining working again? A few months ago i bought ghs there but btc price was to low to be profitable so it was turned off.

That was announced in January As far as I know , and I was searching little bit and I found this on May 27 : https://support.cex.io/hc/en-us/articles/204138206 So it's should be available once again .

mhh, not according to him: http://imgur.com/sF5gNl0

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Quote from: EarnBtcFaucet on August 02, 2015, 03:38:29 AM

Quote from: OmegaStarScream on August 02, 2015, 03:36:39 AM

Quote from: EarnBtcFaucet on August 02, 2015, 03:34:04 AM

Is there any high trusted cloudmining service that not will end up in a scam?

Most likely it's https://cex.io/cloud-mining ? I never tried it but I know it's exists from long long time . (both cloud mining and exchange business)
You shouldn't trust any company randomly or you will end up either losing your money or getting hacked (if you use same password) and CloudMinr.io is a prove of that .

Is the cloudmining working again? A few months ago i bought ghs there but btc price was to low to be profitable so it was turned off.

That was announced in January As far as I know , and I was searching little bit and I found this on May 27 : https://support.cex.io/hc/en-us/articles/204138206 So it's should be available once again .

EarnBtcFaucet

member

Activity: 84

Merit: 10

Quote from: OmegaStarScream on August 02, 2015, 03:36:39 AM

Quote from: EarnBtcFaucet on August 02, 2015, 03:34:04 AM

Is there any high trusted cloudmining service that not will end up in a scam?

Most likely it's https://cex.io/cloud-mining ? I never tried it but I know it's exists from long long time . (both cloud mining and exchange business)
You shouldn't trust any company randomly or you will end up either losing your money or getting hacked (if you use same password) and CloudMinr.io is a prove of that .

Is the cloudmining working again? A few months ago i bought ghs there but btc price was to low to be profitable so it was turned off.

Topic: LEGIT CLOUDMINING SERVICE? (Read 979 times)