Minergate cloud mining test (real numbers) IT's SCAM - page 2.

shield132

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Quote from: Slow death on January 09, 2018, 12:14:14 PM

Quote from: rtj on January 09, 2018, 06:18:39 AM

Daily maintenance fee is feixed to $2.452924.
They simply cheat you with the amount btc mined ... the BTC amount must be 3-4 times higher ...

They have sold me 7.5 TH/s but in reality they give me 2 TH/s ( my contract of 7.5 TH/s is mining daily 0.0002 when it should be about 0.0009)..

The problems is not the fee the problem is real TH/S. they also not show the statistics just add you 0,0002 mined rest $2.452924 fee for maintenance and you see you total mined....

This is a robbery, have you contacted their support so they can tell you why you have little TH / if you only get 0.0002 btc a day ?, because it is strange that I have seen people who invested in the genesis mining gain much more which you're making every day, I'm not saying that you should invest in genesis mining or any other cloud mining, I'm just comparing and it's possible these genesis mining people are lying. Anyway, you should complain if something is not right.

As far as I know Minergate has contract with hashing24 (This last one has contract with Bitfury). Maybe they pay some fees to hashing24 and that's what makes it less profitable but to be fair OP's profit must be double, not so low + consider the fact that price can fall, difficuly grows + in most cases they will expire contract with some silly arguments. This person doesn't gets what he has to get with his contract and you said genesis mining, this is the same (if not worse) shit too.

Slow death

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Quote from: rtj on January 09, 2018, 06:18:39 AM

Daily maintenance fee is feixed to $2.452924.
They simply cheat you with the amount btc mined ... the BTC amount must be 3-4 times higher ...

They have sold me 7.5 TH/s but in reality they give me 2 TH/s ( my contract of 7.5 TH/s is mining daily 0.0002 when it should be about 0.0009)..

The problems is not the fee the problem is real TH/S. they also not show the statistics just add you 0,0002 mined rest $2.452924 fee for maintenance and you see you total mined....

This is a robbery, have you contacted their support so they can tell you why you have little TH / if you only get 0.0002 btc a day ?, because it is strange that I have seen people who invested in the genesis mining gain much more which you're making every day, I'm not saying that you should invest in genesis mining or any other cloud mining, I'm just comparing and it's possible these genesis mining people are lying. Anyway, you should complain if something is not right.

rtj

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This is the reason why I opened this post.
I've searched for some information about cloud mining in google. Unfortunately i found only blogs and YouTube channels telling that in 3 monts you get all the money back!
They tell that its profitable leaving the affiliate link and every time someone registers they earn money)

That's why he decided to show my experience and the real numbers

And how was/is my experience

GL

arisatox

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Quote from: rtj on January 09, 2018, 06:18:39 AM

Quote from: hashray on January 07, 2018, 02:36:58 AM

Base on the data that you provide, you bought hashrate USD 147.23 per TH/s from MinerGate and get an average result 0.0000277 BTC per TH/s after fees everyday. Compare to HasFlare today's 0.0001352 BTC per TH/s after fees, I will say you choose the wrong cloud mining compay.

Daily maintenance fee is feixed to $2.452924.
They simply cheat you with the amount btc mined ... the BTC amount must be 3-4 times higher ...

They have sold me 7.5 TH/s but in reality they give me 2 TH/s ( my contract of 7.5 TH/s is mining daily 0.0002 when it should be about 0.0009)...

The problems is not the fee the problem is real TH/S. they also not show the statistics just add you 0,0002 mined rest $2.452924 fee for maintenance and you see you total mined....

Original post also updated.

So you are saying they charge too much for maintenance and they do not even give what you paid for. That is not good and I am sorry you lost so much but thank you for telling people so others do not have it happen to them...

rtj

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Quote from: hashray on January 07, 2018, 02:36:58 AM

Base on the data that you provide, you bought hashrate USD 147.23 per TH/s from MinerGate and get an average result 0.0000277 BTC per TH/s after fees everyday. Compare to HasFlare today's 0.0001352 BTC per TH/s after fees, I will say you choose the wrong cloud mining compay.

Daily maintenance fee is feixed to $2.452924.
They simply cheat you with the amount btc mined ... the BTC amount must be 3-4 times higher ...

They have sold me 7.5 TH/s but in reality they give me 2 TH/s ( my contract of 7.5 TH/s is mining daily 0.0002 when it should be about 0.0009)...

The problems is not the fee the problem is real TH/S. they also not show the statistics just add you 0,0002 mined rest $2.452924 fee for maintenance and you see you total mined....

Original post also updated.

hashray

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Base on the data that you provide, you bought hashrate USD 147.23 per TH/s from MinerGate and get an average result 0.0000277 BTC per TH/s after fees everyday. Compare to HasFlare today's 0.0001352 BTC per TH/s after fees, I will say you choose the wrong cloud mining compay.

solarion

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Quote from: Drixy on January 06, 2018, 09:51:12 AM

Quote from: rtj on December 31, 2017, 10:45:22 AM

Hi all.
I have decided to test MinerGarte cloud mining and share my experience with you.

Initially the price seems pretty good if there is no stock in ViaBTC or in Genesis.

But the result is very different.

My results:

Price: $1094.41
Hash power: 7433.1021 GH/s
Daily Mining: $5.415463
Maintenance: $2.452924
Daily Income: $2.962539 ( 0.00020618 BTC )

les than 3$ /day.... investing $1094.41

--- weekly updated information ---

Full 6 days of mining:

Earned total BTC: 0.00123818
USD: $17.8

Daily income: $2.955355

--- end ---

At the moment I'm not happy ... it should be at least double or triple.

I will update this message weekly,
To show you the truth about Minergate Cloud Mining with real numbers ... and you will be able to know what is the real profit and the contract duration.

For all those who are thinking of investing in cloud mining !!!

Happy new year !!

Thats freaking annoying how could you be investing in Cloud Mining? How did you know about cloud mining if you dont even invested on Hardware mining. Thats a waste of money and time. Your current profit seems shitty, this is a dumb f***king waste man.

Here with this site you can sell out your hashes as well bro, but many of the people does not using the minergate properly for it. They just tried to mine the cheap altcoins with the minergate software and some mining with its cloud platform.
But seeing finally you will not get the any returns with the minergate at all.
As you said going to invest on the cloud mining platform is not at all a good advice for any mining investors.

Drixy

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reading.......

Quote from: rtj on December 31, 2017, 10:45:22 AM

Hi all.
I have decided to test MinerGarte cloud mining and share my experience with you.

Initially the price seems pretty good if there is no stock in ViaBTC or in Genesis.

But the result is very different.

My results:

Price: $1094.41
Hash power: 7433.1021 GH/s
Daily Mining: $5.415463
Maintenance: $2.452924
Daily Income: $2.962539 ( 0.00020618 BTC )

les than 3$ /day.... investing $1094.41

--- weekly updated information ---

Full 6 days of mining:

Earned total BTC: 0.00123818
USD: $17.8

Daily income: $2.955355

--- end ---

At the moment I'm not happy ... it should be at least double or triple.

I will update this message weekly,
To show you the truth about Minergate Cloud Mining with real numbers ... and you will be able to know what is the real profit and the contract duration.

For all those who are thinking of investing in cloud mining !!!

Happy new year !!

Thats freaking annoying how could you be investing in Cloud Mining? How did you know about cloud mining if you dont even invested on Hardware mining. Thats a waste of money and time. Your current profit seems shitty, this is a dumb f***king waste man.

arisatox

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I would like to see your numbers for this week because it looks like it will be over a year to pay back at the current rate. That seems bad...

pixie85

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Quote from: bigvito19 on January 01, 2018, 05:01:41 PM

lol who still does cloud mining, nevermind

Greedy idiots that can't read.
I'm coming to this section at least twice a week and I've been doing it for months. Every time there are newbies asking about cloud mining and every time there are other members telling them it's a scam and that they'll lose money and they don't care, they send money to these companies anyway.

rtj

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Quote from: AngelSky on January 05, 2018, 12:43:18 PM

Minergate is top third cloud mining platform in the crypto market but still investing on it will not be a profitable one for the any investors. Commonly most of the cloud mining site will be scammer site only. Once you paid for the contract they may be block your cloud account and some of the legit cloud mining also asks you pay the fees to manage your cloud mining account. So if you have a thought to invest on these kind of this site. Finally you will be get scammed in the cloud mining.

Unfortunately, all the videos I found on YouTube and posts on blogs assure that it is profitable and the investment is recovered in 3 months

Unfortunately everyone lies leaving their affiliate link to earn money. 100% of the bloggers and youtubers who talk about cloud mining leave their affiliate link and ensure that it is profitable Sad

So if someone is looking for real information ... DO NOT INVEST IN CLOUD MINING

INFO: Initial message updated with new data!

AngelSky

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Quote from: rtj on January 05, 2018, 10:34:22 AM

Quote from: mnms4life on January 05, 2018, 05:15:46 AM

buy some eth or cloud mine for it wich one wins.?

Never pay for cloud mining !

You will earn much more simply by buying bitcoin or any crypto currency if you hold it.

With cloud mining if you are lucky you will recover your ivnersion in a year or more.... or never..

Unfortunately I know it from my own experience... Sad

All the videos on the internet or the comments of the blogs are a lie ...
They do it to promote it and give their affiliate link and they get a benefit.

Minergate is top third cloud mining platform in the crypto market but still investing on it will not be a profitable one for the any investors. Commonly most of the cloud mining site will be scammer site only. Once you paid for the contract they may be block your cloud account and some of the legit cloud mining also asks you pay the fees to manage your cloud mining account. So if you have a thought to invest on these kind of this site. Finally you will be get scammed in the cloud mining.

rtj

newbie

Activity: 12

Merit: 0

Quote from: mnms4life on January 05, 2018, 05:15:46 AM

buy some eth or cloud mine for it wich one wins.?

Never pay for cloud mining !

You will earn much more simply by buying bitcoin or any crypto currency if you hold it.

With cloud mining if you are lucky you will recover your ivnersion in a year or more.... or never..

Unfortunately I know it from my own experience... Sad

All the videos on the internet or the comments of the blogs are a lie ...
They do it to promote it and give their affiliate link and they get a benefit.

mnms4life

newbie

Activity: 1

Merit: 0

buy some eth or cloud mine for it wich one wins.?

bigvito19

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lol who still does cloud mining, nevermind

maeusi

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Quote from: rtj on December 31, 2017, 10:45:22 AM

Hi all.
I have decided to test MinerGarte cloud mining and share my experience with you.

Initially the price seems pretty good if there is no stock in ViaBTC or in Genesis.

But the result is very different.

My results:

Price: $1094.41
Hash power: 7433.1021 GH/s
Daily Mining: $5.415463
Maintenance: $2.452924
Daily Income: $2.962539 ( 0.00020618 BTC )

les than 3$ /day.... investing $1094.41

At the moment I'm not happy ... it should be at least double or triple.

I will update this message weekly,
To show you the truth about Minergate Cloud Mining with real numbers ... and you will be able to know what is the real profit and the contract duration.

For all those who are thinking of investing in cloud mining !!!

Happy new year !!

First I wish you best luck, that you will at least get back your investment and minergate will exist those 500 days and more. To your numbers: If any legit cloudminer exists, you will not see a better ROI, because that are realistc earnings and only for profit on longterm, like you would mine with your own hardware. Calculate, how long you would have to mine to get the price of your hardware back, add also maintance fees, electricity costs and the costs of space for the hardware. Cloudminers cause addirional costs like administrative costs, server, staff, taxes and so on. And also they want to make profit. So you can't make quick profits on cloudminers.
But the problem is, that almost all so called cloudminers are ponzi and/or scam or don't pay anymore and finish contracts, like you see now on genesis and hashflare.

warning_btc

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Very bad situation, its more scammer then eobot

rtj

newbie

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I decided to try after talking with several people who have been investing in bitcoins for years.
Everyone assured me that it's rentable it and i should invest more than $ 1000 to make it profitable.
I've tried it ... and I can assure you that everyone who recommends it is sure to benefit from it ...

It's nothing profitable

It is more profitable to invest buying bitcoins and wait for the price to grow ... or even more ... small coins like VERGE, Cardano, Iota ...

From my experience ... do not invest in cloud mining

everyone will tell you tat you will get back your investment in 3 months .... it's lie

I hope that this information will serve all those who were doubting like me

7.5 TH / s should be profitable .... !! but the results are not as expected!

Quickfant

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The first few who invest may get a profit but in the long term no one will and your just encouraging others to join by giving it a somewhat positive view. Anyone reading this don't invest in cloud mining ever.

richardsNY

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It's a wasted $1100, seriously. It's mind boggling how you even proudly share how you make less than 25k satoshis per day. That money could be invested in whatever other crypto coin and from there you would be making a whole lot more. Also, you can cash out at any time you want, which isn't possible with these cloud mining contracts, unless you find someone delusional enough to buy them from you. There are so many red flag warnings on this forum regarding cloud mining in general, that it is a bit pathetic that people still invest money in them. I wonder how long it will take before your contract gets terminated.

Topic: Minergate cloud mining test (real numbers) IT's SCAM - page 2. (Read 865 times)