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Topic: want to try cloudmining, where to start - page 2. (Read 1781 times)

legendary
Activity: 1526
Merit: 1000
December 31, 2014, 06:34:55 PM
#12
Thanks for the replies guys Smiley

I am not a tech guy so I'm afraid to buy hardware I wont know how to use properly.

Why do you want to mine? If the answer is to get bitcoins, you are almost always going to be better off buying bitcoins.
legendary
Activity: 1428
Merit: 1001
Okey Dokey Lokey
December 31, 2014, 04:33:51 PM
#11
I would advise against any kind of cloudmining or other hosted mining, the "contract" or terms can change at any time, the place could go up in smoke, the hoster could run with all the funds, etcetc, there are So Many Things that can go wrong, and the return is Very low.

Think about it this way, if the seller of the hosted hashrate, is selling hashrate, that means that you are likely paying More than it's actually worth, otherwise, why wouldn't he just keep the hashrate all to himself?
Cloudhashers make extra profit off their hashrate by charging more than it's worth, because people without a decent amount of starting capital can't afford an Actual peice of mining hardware.

Just my input
legendary
Activity: 1820
Merit: 1001
December 31, 2014, 04:28:04 PM
#10
try hashnest or amhash or genesis mining

Only problem  with them are stupidly high fees. hashnet charge almost 60% in fees so its stupid to mine with them.  Cloud mining can be fairly hard these days as most are very limited on what coins get mined and can often result in a loss.  Eobot has been good but slowing down but do provide a fair amount of new coins to mine and can switch to each coin on the fly and very simple to use.
newbie
Activity: 56
Merit: 0
December 31, 2014, 02:50:31 PM
#9
Thanks for the replies guys Smiley

I am not a tech guy so I'm afraid to buy hardware I wont know how to use properly.

neither am I and my 2 antminers (S1) weren't really all that hard.  So many youtube videos and the forums were invaluable. 
newbie
Activity: 10
Merit: 0
December 31, 2014, 12:46:03 PM
#8
Thanks for the replies guys Smiley

I am not a tech guy so I'm afraid to buy hardware I wont know how to use properly.
newbie
Activity: 56
Merit: 0
December 31, 2014, 11:47:39 AM
#7
Much better off not buying into any of them. If you really want to mine snag a cheap miner and run it at home for fun. Look at Bitmain and Spondoolies...both have affordable miners!


Agreed.  Antminer S1s are less thank $50 easy on ebay.  ANT S3s are dropping fast and I've seen them as low as $150.
legendary
Activity: 2128
Merit: 1119
December 31, 2014, 10:50:02 AM
#6
Much better off not buying into any of them. If you really want to mine snag a cheap miner and run it at home for fun. Look at Bitmain and Spondoolies...both have affordable miners!
full member
Activity: 219
Merit: 100
Bitcoin Mining Hosting
December 31, 2014, 10:35:09 AM
#5
why not just buy a hosted machine?
hero member
Activity: 1372
Merit: 783
better everyday ♥
December 31, 2014, 10:34:42 AM
#4
Before you dive into the unprofitable world of Cloudmining or cloudhashing, you'd best serve yourself by reading the following thread by Puppet:

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

Those 3 mentioned (AMhash, Genesis, and Hashnest) are for the most part legit, but just know going into this that ROI and profit are definitely not guaranteed, and the terms of service or conditions can change rapidly with any cloud mining contract.
sr. member
Activity: 434
Merit: 250
December 31, 2014, 02:53:07 AM
#3
full member
Activity: 196
Merit: 100
December 31, 2014, 02:30:46 AM
#2
try hashnest or amhash or genesis mining
newbie
Activity: 10
Merit: 0
December 31, 2014, 02:16:24 AM
#1
I googled and found many options and contradictory reviews, so I thought I'd gather some opinions here.

I've read some old topics but things seem so volatile and to change so fast that I decided to opena  new topic.

I was told by a friend to try eobot, is this a good option?
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