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Topic: What cloud mining site do you use and why? - page 2. (Read 3415 times)

member
Activity: 112
Merit: 10
none of the cloud mining is profitable, dont waste ur money
member
Activity: 98
Merit: 10
Life is my dream, what is yours?
http://cryptotime.de/

New site quite clear and easy to manage.

The short term contract (24 hours and costs 15 EUR) will return ~0.005 BTC worth about 2.17 EUR

I'm not so good at calculating a full years worth, but their long term prices seem to be about twenty times as expensive as what I currently pay. Good luck to this company, it's really going to need a fan base.
hero member
Activity: 873
Merit: 1007
http://cryptotime.de/

New site quite clear and easy to manage.

Register today - check
2 posts - check
Both posts promoting the same website and not much other discussion other than a hyperlink - check
Shill - check

newbie
Activity: 63
Merit: 0
http://cryptotime.de/

New site quite clear and easy to manage.
member
Activity: 98
Merit: 10
cex.io and pbmining.com
hero member
Activity: 859
Merit: 1000
August 11, 2014, 06:01:50 PM
#9
kryptologika.com
150Gh/s
Cheaper than CEX
none
physical silver as a residual value when profitability is negative
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
August 11, 2014, 04:36:26 PM
#8
cex.io cause its most trusted...

Lol at the trust.  You can't even name the CEO of the company or tell me where they are physically located (not some garbage address in London).  They haven't run because they're still making money by selling overpriced hash to new miners because of comments like above.
Trust and cex.io in the same sentence.  And he was serious.  Not only is the company pretty much hidden from the world as Bitsaurus pointed out, but they have executed at least one known 51% attack previously.  They took no steps to stop from gaining 51% of the hash rate a few months back.  They do not list out their fees for their services (upwards of 30% maintenance fees anyone?).  Trusting them is like trusting cancer not to spread.
member
Activity: 98
Merit: 10
Life is my dream, what is yours?
August 11, 2014, 03:47:28 PM
#7
Lol at the trust.  You can't even name the CEO of the company or tell me where they are physically located (not some garbage address in London).  They haven't run because they're still making money by selling overpriced hash to new miners because of comments like above.

I never went with cex.io for that reason exactly. Everywhere I looked I saw no profit in purchasing the GH there, the only way to make profit was via trading. So I went with PBMining just because I can't set up a mining rig at my house.
hero member
Activity: 873
Merit: 1007
August 11, 2014, 03:35:33 PM
#6
cex.io cause its most trusted...

Lol at the trust.  You can't even name the CEO of the company or tell me where they are physically located (not some garbage address in London).  They haven't run because they're still making money by selling overpriced hash to new miners because of comments like above.
full member
Activity: 122
Merit: 100
August 11, 2014, 11:45:29 AM
#5
cex.io cause its most trusted...
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
August 11, 2014, 10:49:58 AM
#4
cex.io was decent but cloud mining should be avoided unless you physically cannot mine yourself
Even if you cannot physically mine yourself, there are better options like co-locating hardware.  Cloud mining should NEVER be on your list of options.
newbie
Activity: 1
Merit: 0
August 11, 2014, 09:50:01 AM
#3
Good that  you broke even at least some people are taking big losses.
legendary
Activity: 1344
Merit: 1024
Mine at Jonny's Pool
August 11, 2014, 09:46:37 AM
#2
The subject says it all. I'm trying to gather some information

Please reply with your information in this format

{Site}
{Your GH/s}
{Pros}
{Cons}
{Extra}


Thank you for everyone who comments.
Site - None.
My GH/s - 4TH/s of hardware that I actually own
Pros - There are no pros to cloud mining, unless you're the guy providing the cloud mining service, in which case there are plenty.
Cons - Most are scams with no proven mining actually happening.  All are overpriced and will never get you ROI.  Many have hidden fees in their structure (example, maintenance charges).

Seriously.  Save yourself the trouble.  Do NOT become a cloud mining consumer.  If you want to mine, purchase the hardware.  You can have it hosted, if you can't have it at your home/dorm/apartment/whatever.  There are a number of vendors who provide co-location services.  Not all of them are overpriced.
member
Activity: 98
Merit: 10
Life is my dream, what is yours?
August 10, 2014, 03:41:58 PM
#1
The subject says it all. I'm trying to gather some information

Please reply with your information in this format

{Site}
{Your GH/s}
{Pros}
{Cons}
{Extra}


Thank you for everyone who comments.
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