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Topic: No Asic miner, No Bitcoin mining - page 2. (Read 208 times)

hero member
Activity: 700
Merit: 541
Bitcoin Casino Est. 2013
June 01, 2023, 04:01:18 AM
#2
I believe I also had an experience back then before I came to this forum to learn more.

I don't know if you have heard about a mobile app that claim you can mine and earn passively just by using their app and their VPN, I think the name was Cryptotab Or Cryptotap i can't recall the name vividly anymore... What even gave me hope that I could mine successfully from the app was due to some YouTube videos I watch teaching me how to increase my earnings through the site by combining phones.

I later left the site after realizing what I was doing was stupid, That was not the only cloud mining I participated in I also did some that claimed they had their headquarter somewhere and all I was needed to do was just to sign into my account and click on a certain button to start mining and if I wanted to increase my earnings I would have to pay a certain amount (they all claimed this though). I reall wasted alot of my time doing these things before I finally realised my foolishness.
sr. member
Activity: 728
Merit: 388
Vave.com - Crypto Casino
June 01, 2023, 03:44:51 AM
#1
How many of you thought that cloud mining Bitcoin was the easiest way to avoid spending money on asic miners? I was one of those people and the experience was half good and half bad.

I started my Bitcoin mining through cloud mining using Genesis Mining and Eobot, this went on for months and got my payment like their mining calculators revealed, this brainwashed me, thinking why the heck do people spend money on Asic miners when they can do this, I called them fools, not knowing I was the fool.

I will like to show some prove of the hash powers I bought



And around this, I had a dream, to make 0.16BTC in 4 months, here is the prove



It wasn't up to 2 months that the cloud mining payout goes incredibly lower and I had no choice than to quit, I withdraw some funds successful and later the cloud mining stop working, one closed down and the other (EOBOT) took a bit longer to close down as well.

I created this thread to share my painful past ecoerimece with cloud mining, because today, some beginners are still thinking they can get away with Bitcoin mining using cloud mining service. No legal cloud mining service can run anything right now because they are not profitable to run.

If you see any new cloud mining it's a scam, there is no way they can make profit for you and themselves anymore, the few that are legit between 2015 to 2017 are no more functioning. The days where Bitcoin mining was cheaper is unfortunately no more.

No Asic miners, No Bitcoin mining.

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