If you ask about REAL cloud mining service (not Ponzi - because was few profitable ponzis, of course when you get in at the beginning), HashNest is/was profitable. I sold all my power there few months ago, so i don't know how it looks right now, but it was profitablle in that time.
Ofcourse it was also very important in which moment and for what price you buy power..
Topic: Was there ever a profitable cloud mining site? - page 2. (Read 2222 times)
there is no cloud mining site, where you can get real profit. legit cloud mining sites has very low incoming, others are ponzi and will become scam and you will lose all your investment, so be careful and stay away from investment sites, just try trading or gambling. there you will have more chance and incoming will be defending on you
I would say https://www.genesis-mining.com/
Discount of 3 % on all Hashpower packages Promo code: N6INMQ
Discount of 3 % on all Hashpower packages Promo code: N6INMQ
So I ask this. Was there ever a profitable cloud mining site? Is there one now? Please post your answers and I will try to do my research on your service to see if what you are saying is true.
Was there ever a profitable cloud mining site? No "technically".
Was there ever a profitable cloud mining site (as seen in their site)? Yes but that's not a real cloudmining site operation.
You can really get some profit in those famous cloudmining site back then because lots of investors are being paid resulting for more new investors but it doesn't mean they are really mining on action. They are just using some computation based on the mining difficult or any factors that will affect mining. In other words, virtual and eventually will turn to a fraud one.
Going on past some people are saying that they earn on cloudmining sites since they got some profit for it and i don't think they can be called legit since they are paying, and HASHOCEAN and other cloudmining site has turn scam is the best example for us to decide upon telling if cloudmining is still profitable in these days,
Cloudmining are all scam and never been a good idea to invest our money on these sites.
So I ask this. Was there ever a profitable cloud mining site? Is there one now? Please post your answers and I will try to do my research on your service to see if what you are saying is true.
Was there ever a profitable cloud mining site? No "technically".
Was there ever a profitable cloud mining site (as seen in their site)? Yes but that's not a real cloudmining site operation.
You can really get some profit in those famous cloudmining site back then because lots of investors are being paid resulting for more new investors but it doesn't mean they are really mining on action. They are just using some computation based on the mining difficult or any factors that will affect mining. In other words, virtual and eventually will turn to a fraud one.
Not to promote ponzi sites, but a lot of people claim that they have made some money out of HashOcean. HashOcean ran for time longer than what we expected. Those people who have invested in the early stages of a ponzi site are the only ones who have a chance to make profit out a ponzi site. However, just because those people made money out of a cloud mining site, doesn't mean you will too. Don't invest on cloud mining site, ever.
technically no there were never a good and profitable cloudmining site that you could just invest and make some amount that you could even call "profit".
although there were this one site called Ghash.io which is still available i think where you could buy GHS from through the exchanger (which is still active to this day) called CEX.io it was kind of profitable but it was a long time ago and most of the profit that i got from this site was through trading the GHS.
it means i could buy GHS and as soon as i bought it, the miner would start mining for me and i could sell it or a part of it any time i wanted and price of GHS went up and down just like any other altcoin so there were a good market for profit.
just FYI they stopped cloudmining when price went down and the maintenance fee became so high.
although there were this one site called Ghash.io which is still available i think where you could buy GHS from through the exchanger (which is still active to this day) called CEX.io it was kind of profitable but it was a long time ago and most of the profit that i got from this site was through trading the GHS.
it means i could buy GHS and as soon as i bought it, the miner would start mining for me and i could sell it or a part of it any time i wanted and price of GHS went up and down just like any other altcoin so there were a good market for profit.
just FYI they stopped cloudmining when price went down and the maintenance fee became so high.
There is clouds mining running a Ponzi scheme but in the end they will be fraud because the cloud actual mining takes a long time for you to take advantage.
No they weren't.
They were all scam. They ran their business for a long time. People wanted them to be real deal but it wan't the case. Soon they learnt the hard truth.
They were all scam. They ran their business for a long time. People wanted them to be real deal but it wan't the case. Soon they learnt the hard truth.
I mean obviously there was. Mining in general is not profitable for most people but again obviously it has to be profitable for someone otherwise bitcoin would have been dead by now because no one would mine it. You need serious hardware and a lot of money to initially invest into mining to be able to get a profit afterwards.
I am not sure to be honest. I know that the only party that comes close was hashnest and even they can't offer real time roi. Simply because they corrupted their own market with so many price manipulation. With them out of the picture it's safe to say there are none.
Actually cloudmining are in horrible state right now and that is not really a good choice for us to earn some profit upon investing at those, and come to think of it we shouldn't close the idea upon investing at those since mostly of them are runned by scammers, so thats why for our safety we should stay far away for those anymore and find another good thing as investment so we can make sure to gain not to lose
Common sense should tell you to not open this kind of thread. All cloud mining services are profitable for the owners, and people who get there first. And even if they get there first their profit is not guarantee. Pyramid works like that, people give, they get something in return in the beginning. but how things going forward they have more and more people and just in one moment they disappear with all that money people invested.
Here you are to inform yourself a bit, maybe you will find something interesting here.
https://en.wikipedia.org/wiki/Pyramid_scheme
https://en.wikipedia.org/wiki/Ponzi_scheme
Here you are to inform yourself a bit, maybe you will find something interesting here.
https://en.wikipedia.org/wiki/Pyramid_scheme
https://en.wikipedia.org/wiki/Ponzi_scheme
I mean obviously there was. Mining in general is not profitable for most people but again obviously it has to be profitable for someone otherwise bitcoin would have been dead by now because no one would mine it. You need serious hardware and a lot of money to initially invest into mining to be able to get a profit afterwards.
I am not sure to be honest. I know that the only party that comes close was hashnest and even they can't offer real time roi. Simply because they corrupted their own market with so many price manipulation. With them out of the picture it's safe to say there are none.
I mean obviously there was. Mining in general is not profitable for most people but again obviously it has to be profitable for someone otherwise bitcoin would have been dead by now because no one would mine it. You need serious hardware and a lot of money to initially invest into mining to be able to get a profit afterwards.
I am not sure to be honest. I know that the only party that comes close was hashnest and even they can't offer real time roi. Simply because they corrupted their own market with so many price manipulation. With them out of the picture it's safe to say there are none.
In 2012-2014, cloud mining was very profitable (ROI only in few months) and many people was talking about it.
But, there's ponzi cloud mining called PBMining and many people fell for it (included me). Even there were some ponzi cloud mining, few people still managed to earn profit.
But now, cloud mining isn't profitable anymore whether it's legit or not,
But, there's ponzi cloud mining called PBMining and many people fell for it (included me). Even there were some ponzi cloud mining, few people still managed to earn profit.
But now, cloud mining isn't profitable anymore whether it's legit or not,
Yea, I remember the PBMining days, and if I remember correctly I made more profit from their sig campaign back then, than the cloud
mining I did on their site. I actually believed that cloud mining was not a Ponzi scheme and that it was backed by real hashing being
done. I even bought some at CEX.io to spread the risk. Now, looking back... I cannot believe how gullible I was. Well, we all have to
learn the hard way.
I mean obviously there was. Mining in general is not profitable for most people but again obviously it has to be profitable for someone otherwise bitcoin would have been dead by now because no one would mine it. You need serious hardware and a lot of money to initially invest into mining to be able to get a profit afterwards.
In the beginning when difficulty of bitcoin was not so high and increases in difficulty didn't happen as often as they do now , in this time Hashnest was profitable.
Unfortunately this time was a short one as difficulty started to increase rapidly which starting to mean lower income daily until it was not profitable from a long time now.
Yes there was a profitable cloud mining site a long time ago but now it does not exist anymore such site.
Unfortunately this time was a short one as difficulty started to increase rapidly which starting to mean lower income daily until it was not profitable from a long time now.
Yes there was a profitable cloud mining site a long time ago but now it does not exist anymore such site.
There was a service called cex.io in which you could trade your hashpower for btc inside their own trading platform. Well, I never did any real profit from the cloud mining service that they offer but I did get nice returns on the hashpower trading they have. That was the only profitable cloud mining site that I ever participated because there is an option for you to always sell your mining power for a different price unlike others that would just lock you up in x years commitment and giving you dust every day.
I never believed in any of the cloud mining sites even when some of those were giving good return because i know there is nothing like easy money.
The sites which promised to give good return scammed like hashocean and cldmine.And the one which are still running are giving very less return so as of now there is none profitable and trustable cloud mining sites.
The sites which promised to give good return scammed like hashocean and cldmine.And the one which are still running are giving very less return so as of now there is none profitable and trustable cloud mining sites.
for now, i think mining its not profitable again if we only have small hashrate because the difficulty of bitcoin was increase and there are no chance for us to get much of bitcoin. for the minimum hashrate i think it will be like more than 1000 ghs.
but for now, there are many cloud mining site that ready to scam every people which join with them and they can scam us in everytime. its hard to choose what is the good cloud mining site.
but for now, there are many cloud mining site that ready to scam every people which join with them and they can scam us in everytime. its hard to choose what is the good cloud mining site.
Common sense will tell you that most of the cloud mining operations will not give long term profit for its customers because Bitcoin mining is very competitive and the difficulty is always rising as there are more and more mining rigs added to mine the coins. We have also seen many cloud mining operations closing down and most of them did not even gain return on investment for customers.
So I ask this. Was there ever a profitable cloud mining site? Is there one now? Please post your answers and I will try to do my research on your service to see if what you are saying is true.
By posting your favorite cloud mining site here, we have to first assume that they are not profitable and have to be proven otherwise.
I dont want to sound judgmental but I honestly believe that almost all cloud mining sites are ponzi or scams and it is just a matter of time before they disappear.Dont be misled if they pay you for it is their modus operandi to use you as a bait for other investors.Once they have lots of bitcoin,they will disappear without any traceSo I ask this. Was there ever a profitable cloud mining site? Is there one now? Please post your answers and I will try to do my research on your service to see if what you are saying is true.
By posting your favorite cloud mining site here, we have to first assume that they are not profitable and have to be proven otherwise.
That would people would believe and i would agree with that either and i don't really trust cloudmining these days since mostly all of them are scam and others are just still operating by now as ponzi so we should closed some taugh's that we can sti earn on cloudmining since the one who's existing nowadays are not really a real company and just a hyip, thats why delist cloudmining in our investment plan so we cannot get compromise if they will turn scam.
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