Topic: This is My experience with iqmining.com - page 2. (Read 181 times)
There are no legit cloud mining now, they are now a thing of the past if you calculate the difficulty and the coming halving, it will make you think that cloud mining is not profitable anymore, cloud mining is now just a Ponzi scheme, it's very obvious they will never show their right location and their mining rigs all they had are plans.
That site is a ponzi/MLM scam. Do not put your money in it anymore than what you have already done.
Cloud mining sites are all scams. There is no doubt regarding this. Maybe Genesis is partially legit but there is still questions about it.
The only legit system is to invest in mining companies have have real mining farms being maintained properly and which are actually running. Though the profitability of such mining clusters are often just going to break even for the money used to develop it. The risk is high here and since difficulty rises with more miners joining in, the less the rewards. Comparing it to current price situation it is even worse.
However these are not justifications for why this specific site stopped paying. It is more likely they are going to exit scam and start under a new name and fool another person like the OP.
Cloud mining sites are all scams. There is no doubt regarding this. Maybe Genesis is partially legit but there is still questions about it.
The only legit system is to invest in mining companies have have real mining farms being maintained properly and which are actually running. Though the profitability of such mining clusters are often just going to break even for the money used to develop it. The risk is high here and since difficulty rises with more miners joining in, the less the rewards. Comparing it to current price situation it is even worse.
However these are not justifications for why this specific site stopped paying. It is more likely they are going to exit scam and start under a new name and fool another person like the OP.
So friends, what you have or what you think about them?
They have stated first what sort of investment they are. You should be aware that there is always not good will happen in under circumstances.Quote
Cloud mining involves financial risks and may not be appropriate for all people. The information presented here is for information and educational purposes only and should not be considered an offer or solicitation to invest to IQ Mining or elsewhere.
Last few weeks the history just happened in bitcoin. Where it collapsed deliberately under $5000. The difficulty increase, so the miner's income got affected.
I don't know much about mining. AFAIK i.e if your hashrate brings you a 0.0003 BTC a day and difficulty increase 30%: your income should decreases in about 20-25%
Cloud mining in a nutshell. You simply either:
Doing research for just a few minutes would make you realize that almost instantly. If you want to do mining for profit, go buy hardware and do your research. There's no way around that.
- Lose money due to it being very unprofitable
- Get scammed
Doing research for just a few minutes would make you realize that almost instantly. If you want to do mining for profit, go buy hardware and do your research. There's no way around that.
All miners should understand this: mining revenue falls as the difficulty rises. That's how it works. Live and learn.
Cloud mining is a money loser. Most cloud mining sites are scams. A few may be "legitimate", but they will charge you enough in fees that you will never make a profit.
Cloud mining is a money loser. Most cloud mining sites are scams. A few may be "legitimate", but they will charge you enough in fees that you will never make a profit.
Hello everybody.
I would like to share you My experience with iqmining.com for knowledge.
I started with them on November 17th 2019 with a plan in mind to invest more and more.
But..
On January 2020 i noticed that my daily income is decreasing day after day.
I asked them WHY!?
They answered me with a lot of excuses.
On March i noticed that my income in 15 days is just 0.00041 bitcoin while the daily income is 0.00030 bitcoin and the right balance should be 0.0045 bitcoin.
I said to them you are stealing my income iqmining.com.
And as usual they said a lot of excuses.
So friends, what you have or what you think about them?
https://i.imgur.com/OrmGv77.jpg
https://i.imgur.com/WQOxDdO.jpg
https://i.imgur.com/o8g4r2b.jpg
I would like to share you My experience with iqmining.com for knowledge.
I started with them on November 17th 2019 with a plan in mind to invest more and more.
But..
On January 2020 i noticed that my daily income is decreasing day after day.
I asked them WHY!?
They answered me with a lot of excuses.
On March i noticed that my income in 15 days is just 0.00041 bitcoin while the daily income is 0.00030 bitcoin and the right balance should be 0.0045 bitcoin.
I said to them you are stealing my income iqmining.com.
And as usual they said a lot of excuses.
So friends, what you have or what you think about them?
https://i.imgur.com/OrmGv77.jpg
https://i.imgur.com/WQOxDdO.jpg
https://i.imgur.com/o8g4r2b.jpg
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