The cloud minning: Efficiency or not?

damNmad

full member

Activity: 378

Merit: 104

nvOC forever

Quote from: bitmagic1984 on November 30, 2017, 10:02:55 AM

Nicehash and miningrigrentals.com are well known cloud mining interfaces.

Comparatively nicehash is much better comparing to minergate or miningrigrentals (not entirely sure).

Nicehash takes bit higher fee still they are bit legitimate compared to many other cloud mining contracts.

Hope we get more cloud mining clients in future, so that we (miners) get better pay.

bitmagic1984

full member

Activity: 182

Merit: 100

Nicehash and miningrigrentals.com are well known cloud mining interfaces.

traderethereum

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Merit: 574

Vave.com - Crypto Casino

Quote from: 1satosh1 on November 29, 2017, 02:24:29 AM

How much need invest to good profits? Huh

And any idea of a good site?

it depends on how much money would you spend on cloud mining. you need to know which cloud mining that will not scam because almost all cloud mining, in the end, will scam you. maybe you can visit in genesis mining, hashnest, hashflare, eobot because this site is the oldest site that I know but you need to read the reviews from other people. I have been with them for a long time ago and until now, the site gives the good amount and I already reach my ROI with them.

halker2010

sr. member

Activity: 532

Merit: 250

The harder your life is the more meaning it has.

I guess if you mine something with the hope that it can rise later you better off buying it unless its not on exchange but either way, good sites are nicehash and miningrigrentals and mostly that's it.

F_ferdan

newbie

Activity: 35

Merit: 0

It depends on what this service is. You should be very careful when choosing.
But now I found one project that seems profitable for me - Zumminer..
Maybe someone heard smth about it?
Their website https://zumminer.com/ and thread https://bitcointalksearch.org/topic/re-ann-freedom-of-action-with-zumminer-2190262

Branko

sr. member

Activity: 2632

Merit: 328

Quote from: min1217ac on November 29, 2017, 06:50:17 AM

The good profit isn't from how much you need to invest but how smart u'r making a good profit. and very important is how deep the knowledge about cloud mining.

Only knowledge needed is that they're all scam

min1217ac

newbie

Activity: 21

Merit: 0

The good profit isn't from how much you need to invest but how smart u'r making a good profit. and very important is how deep the knowledge about cloud mining.

Turkish88

full member

Activity: 714

Merit: 104

Profitability cntrol by cloud owner. He can change rules in the any moment of works or scam you when he want it.

Tidsdilatation

sr. member

Activity: 518

Merit: 250

Cloud mining is profitable if the price of the coin you are mining rises. Not otherwise. My suggestion is that you invest directly in a coin, alot safer. You control the private keys and no risk of being scammed.

beachbummer

full member

Activity: 251

Merit: 100

Use a profitability calculator to see when you can break even. Set electricity related variables to 0.

You will have to make some assumptions on difficulty (affects number of coins mined) and coin value.

If the mining plan is close-ended, then you multiply by number of months. Open-ended plans are much harder to calculate.

Personally I run my own rigs, but I also have signed up with Genesis Mining.

zukko

sr. member

Activity: 257

Merit: 250

It depends on how much money you do not mind losing you have

It is better to invest this money in building your own small farm

Branko

sr. member

Activity: 2632

Merit: 328

Quote from: 1satosh1 on November 29, 2017, 02:24:29 AM

How much need invest to good profits? Huh

And any idea of a good site?

Your profit, or cloud mining site owner?

If your profit, best is to invest zero

If site owner...invest as much as you can

1satosh1

newbie

Activity: 11

Merit: 0

How much need invest to good profits? Huh

And any idea of a good site?

Topic: The cloud minning: Efficiency or not? (Read 343 times)