Topic: What is a good cloud ming site (Read 3862 times)
yea i think that pretty sums it up "i will not be using cloud mining ever"
All cloudmining is pretty much garbage
Im starting to think that information on how to make bitcoin is limited because of people not giving away secrets
someone told me buying altcoins low and selling them for bitcoin when the price goes up is better...anyone have any experience 
with this they can point me in that direction, like what platform
with this they can point me in that direction, like what platform My advice is stay away from everything that says 'cloud mining'.
Agree, and additionally to that, stay away from everything that says 'cloud' in general 
(in IT world)
My advice is stay away from everything that says 'cloud mining'.
Agree, and additionally to that, stay away from everything that says 'cloud' in general (in IT world) I wonder how cloud mining can be profitable if mining is not. I understand that they can diminish a cost to minimum, but anyway I do not trust in ROI there. Stay away of any cloud mining service.
That makes real sense,maybe because in other countries the electricity cost less or someone is getting free electricity with their rent etc. 
I wonder how cloud mining can be profitable if mining is not. I understand that they can diminish a cost to minimum, but anyway I do not trust in ROI there. Stay away of any cloud mining service.
Stay away from cloud mining sites they are illegal and very dangerous and you or someone will lose all of their cois
You are saying about "Ponzi/HYIP" not cloud mining. Cloud mining are real and legal but risky. You should do your own do diligence before investing because of the fluctuation in BTC value.
I wouldnt bother with most that are out there, even the legit ones can dip out at anytime.
The thought of that makes me cringe. I dont know about you but whats the point on me dumping money, knowing that its like I rather blow out my money anyways at primedice knowing I tried and had fun with it.
Companies like KNC that forced all their "im sorry" you gotta adopt our cloud mining is all questionable behavior to their old customers making them lose like $500+.
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
Stay away from cloud mining sites they are illegal and very dangerous and you or someone will lose all of their cois
You are saying about "Ponzi/HYIP" not cloud mining. Cloud mining are real and legal but risky. You should do your own do diligence before investing because of the fluctuation in BTC value.
Stay away from cloud mining sites they are illegal and very dangerous and you or someone will lose all of their cois
Im still getting a bad vibe from all your answers about even using a cloud miner.......has anyone been with a cloud mining site more then a year and has profits??? i just dont want to give my coins away.
Well, I still like my method (It's renting, not cloud). Not going into detail again because of the haters. Today though because the pool was quite lucky I made 0.5 BTC. Yes, not a lie. 0.5 BTC PROFIT in 24 hours.
It was Nicehash. In the 24 hour period I paid in a total of 0.7 BTC and have earned just over 0.9 BTC. I know this is not a physical 0.5 BTC difference but there was still 2.9 BTC left in the Nicehash wallet. So, 0.4BTC spent and 0.89 BTC received.
Considering mining a second pool so there might be a better luck distribution.
I invested ~0.05BTC to scrypt.cc - that's about all I'm willing to sacrifice to cloudminers at this time. it's like flipping a coin... probably even lower chance that cloudminer x is not a ponzi/scam. there are better things to invest in my opinion.
I like BitShares BitUSD (http://whatisbitusd.com) - Yield is nice.
Also, SuperNET projects are a good investment too. http://supernet.org
I like BitShares BitUSD (http://whatisbitusd.com) - Yield is nice.
Also, SuperNET projects are a good investment too. http://supernet.org
"The wisest Cloud Mining Site decision one can make is by making no decision at all." -Confucius
Im still getting a bad vibe from all your answers about even using a cloud miner.......has anyone been with a cloud mining site more then a year and has profits??? i just dont want to give my coins away.
Well, I still like my method (It's renting, not cloud). Not going into detail again because of the haters. Today though because the pool was quite lucky I made 0.5 BTC. Yes, not a lie. 0.5 BTC PROFIT in 24 hours.
interesting, what algo did you rent? because i don't you rented sha for that amount
in theory even renting shouldn't be profitable because who control the rig know how much you can earn by mining the various altcoin, this result in him setting a price that won't make you roi so easy
Im still getting a bad vibe from all your answers about even using a cloud miner.......has anyone been with a cloud mining site more then a year and has profits??? i just dont want to give my coins away.
Well, I still like my method (It's renting, not cloud). Not going into detail again because of the haters. Today though because the pool was quite lucky I made 0.5 BTC. Yes, not a lie. 0.5 BTC PROFIT in 24 hours.
Congratulations for these 0.5 BTC bigbitmine and dont worry about the haters, we are here to say, with respect yes, but to say. Who does not like the others say their opinion not entering to the forum.
Im still getting a bad vibe from all your answers about even using a cloud miner.......has anyone been with a cloud mining site more then a year and has profits??? i just dont want to give my coins away.
Well, I still like my method (It's renting, not cloud). Not going into detail again because of the haters. Today though because the pool was quite lucky I made 0.5 BTC. Yes, not a lie. 0.5 BTC PROFIT in 24 hours.
There are many sites, some say the best is https://scrypt.cc, however keep in mind the money going to invest and everything you take to recover after getting your money you will have benefits. Before doing anything much to read this forum, you will learn a lot.
Im still getting a bad vibe from all your answers about even using a cloud miner.......has anyone been with a cloud mining site more then a year and has profits??? i just dont want to give my coins away.
Every cloud mining is bad since most them are ponzi / you won't get ROI 
But, the most popular legit cloud mining site are AMHash, Hashnest & KNCcloud
+1 with you, Hashnet is what I'm looking for, but the prices... They're to high, and maybe i won't get ROI...But, the most popular legit cloud mining site are AMHash, Hashnest & KNCcloud
But i still going to invest at there, since it's popular and legit...
But, the rest of it (KNCcloud & AMHash) I don't know about it... Yet
99.9% of cloud mining is a ponzi scheme. The other 0.1% is not yet confirmed or it has so slow return rates that it doesnt get any suspicion.
Just stay away from 'cloud mining' websites, also stay away from securities, mining securities or otherwise, they all become scams eventually.
I'd be really careful with "Cloud Mining" sites. I've had my fair share of money stolen. Most turn out to be ponzi's and run away with user's funds. I mean if you really think about it, why would they sell hashing power when they could be mining it themselves. It's because they charge users more, or they don't even have the mining power and it's essentially a huge ponzi. In any case, I'd be careful with anything labeled as a cloudmining service.
there is no such *good* cloud mining sites exists in my experience. there are better ways to invest your bitcoins.
Quote
I just wanted to show there's coin to be made without your own hardware. In addition to my own rigs I make approx. 5 btc per week.
wait what?
5btc or 0.5btc?
and i would love to get an explanation please. even if it by PM no problem.
i would love to get into the details of how you make that and what are your costs
SILENCE PEASENT, KINGS ARE SPEAKING! :9
Lol...That did come off kind dickheaded on my end. that wasn't aimed at you bit ;3
Lol...That did come off kind dickheaded on my end. that wasn't aimed at you bit ;3
No probs. Here's my closing statement.
Yes, this was referring to cloud mining. ie. the person has no hardware. As stated by others most cloud mining is just bad news. I merely thought I'd suggest an alternative.
It works great for me and I just wanted to show there's coin to be made without your own hardware. In addition to my own rigs I make approx. 5 btc per week.
I do not work for Nicehash, I'm certainly not promoting them. The less people that use it the more hash available for me.
Cheers.
SILENCE PEASENT, KINGS ARE SPEAKING! :9
Lol...That did come off kind dickheaded on my end. that wasn't aimed at you bit ;3
Lol...That did come off kind dickheaded on my end. that wasn't aimed at you bit ;3
i am sorry is this a kind of free publicity for your company or brand or you actually have something good to offer us
Maybe you should read all the posts before replying, eh?
Obviously... The title of the thread is : What is a good cloud ming site
...And people replied with websites that offer cloud mining....
What makes you think they're advertising for their own company/brand?
I do apologize my lord. I shall not post any more in this topic. Shall I ask permission before posting anywhere else in this PUBLIC forum???
i am sorry is this a kind of free publicity for your company or brand or you actually have something good to offer us
Maybe you should read all the posts before replying, eh?
Obviously... The title of the thread is : What is a good cloud ming site
...And people replied with websites that offer cloud mining....
What makes you think they're advertising for their own company/brand?
Who? Me? I've got nothing to do with Nicehash. I'm replying to the topic subject. Also answering a question asked by another user. Is there a problem?
i am sorry is this a kind of free publicity for your company or brand or you actually have something good to offer us
I use Nicehash with the Nicehash Bot. I'm making decent profit.
Obviously you're hiring cheap SHA mining.
That's wise dude. What's your THS/day price? Are you hiring with fixed or standard?
I'm on standard with a max price of 0.0115 which it's on at the moment. I use the Nicehash Bot which automatically adjusts the price for me to make sure I get the lowest available rate. Yesterday it dropped to 0.0104 which was great. Just hope it gets this little burp out of the way soon.
I use Nicehash with the Nicehash Bot. I'm making decent profit.
Obviously you're hiring cheap SHA mining.
That's wise dude. What's your THS/day price? Are you hiring with fixed or standard?
I use Nicehash with the Nicehash Bot. I'm making decent profit.
I haven't seen a cloud mining site last too long yet, they all have some excuse to burn up in flames in the end. If you are just looking to play around with some bitcoins, check out Puppet's guide: https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387
Pros
Here’s why you might want to consider cloud mining:
A quiet, cooler home – no constantly humming fans
No added electricity costs
No equipment to sell when mining ceases to be profitable
No ventilation problems with hot equipment
Reduced chance of being let down by mining equipment suppliers.
Cons
Here’s why you might not want to consider cloud mining:
Risk of fraud
Opaque mining operations
Less fun (if you’re a geek who likes system building!)
Lower profits – the operators have to cover their costs after all
Contractual warnings that mining operations may cease depending on the price of bitcoin
Lack of control and flexibility.
Types of cloud mining
In general, there are three forms of remote mining available at the moment:
Hosted mining
Lease a mining machine that is hosted by the provider.
Virtual hosted mining
Create a (general purpose) virtual private server and install your own mining software.
Leased hashing power
Lease an amount of hashing power, without having a dedicated physical or virtual computer. (This is, by far, the most popular method of cloud mining.)
Here’s why you might want to consider cloud mining:
A quiet, cooler home – no constantly humming fans
No added electricity costs
No equipment to sell when mining ceases to be profitable
No ventilation problems with hot equipment
Reduced chance of being let down by mining equipment suppliers.
Cons
Here’s why you might not want to consider cloud mining:
Risk of fraud
Opaque mining operations
Less fun (if you’re a geek who likes system building!)
Lower profits – the operators have to cover their costs after all
Contractual warnings that mining operations may cease depending on the price of bitcoin
Lack of control and flexibility.
Types of cloud mining
In general, there are three forms of remote mining available at the moment:
Hosted mining
Lease a mining machine that is hosted by the provider.
Virtual hosted mining
Create a (general purpose) virtual private server and install your own mining software.
Leased hashing power
Lease an amount of hashing power, without having a dedicated physical or virtual computer. (This is, by far, the most popular method of cloud mining.)
ROI?
Return On Investment
is it normal to wait 360 seconds thing for every post or because i am new?
Post, sending personal message and some other function cooldown will decrease as your activity rises. 360 seconds cooldown only applies for newbies with less than 15 activity to avoid spam from newly created accounts
Don't try to cloudmine to get profit. There are lots of risk incurred with it. The difficulty is highly unpredictable and even the trusted operators may scam. For example, AMHash. If you are looking to get profits, have a million dollar, buy a warehouse in places where electricity are low and have an ASIC Supplier which supplies you ASIC at a lower cost.
ROI?
Return On Investment
is it normal to wait 360 seconds thing for every post or because i am new?
Yes, this is normal as you will grow in the activity this limitation will be gone. All of as (except one who bought account) went trought it.
Stay away of any cloud mining unless you are ok to lost your money. Mining is expensive business and cloud mining sites needs to generate profit for them not for you. I had bad experience with some of them and I will not put anything in again.
This is my advice.
This is my advice.
I'm using Hashnest (by Bitmaintech one of the largest ASIC manifacturer) based in China.
Mostly I'm buying and selling UMISOO hash power on daily basis.
Bitcoin price and UMISOO price are connected somehow and you can predict the future price of it via Bitcoin price.
Mostly I'm buying and selling UMISOO hash power on daily basis.
Bitcoin price and UMISOO price are connected somehow and you can predict the future price of it via Bitcoin price.
Op, if you do decide going with what he/she suggested I would do your own homework. yeah its a common decent recommendation, but you have to know that their are other choices as well just as good.
Given example, comparing performance wise with the same cost of their machines to Spoondlies. They too also just started this, and have accepted even credit cards to buy your hashes, I think this route is way better.
If stuff happens you can at least protect yourself and call on a fraud case or open one. Esp, if you are going to buy a bunch of hashes.
Did spoondlies started cloudmining operations? I didn't know that. Of course their asics are much better than Bitmaintech.
What's their cloudmining address? Do they have hash market etc?
Yea, im slowly noticing i'll never make a profit through them...
Checked out nicehash...It just confuses me...
Checked out nicehash...It just confuses me...
Nicehash is for buying (from others who control hardware) or renting out (from hardware you control) X amount of speed per algorithm for Y amount of hours.
Make sense now?
yes it normal
ROI?
Return On Investment
is it normal to wait 360 seconds thing for every post or because i am new?
ROI?
I reccomend www.betarigs.com
Setting up a cloud miner is simple and takes less than 10 minutes.
You register > Search for what kind of miner, ( they have every type available )
You rent it > Send btc to required address > Once it hits 1 confirmation the miner automatically starts up and goes to mining your pool.
I've been using them for about a week, and it's awesome.
Setting up a cloud miner is simple and takes less than 10 minutes.
You register > Search for what kind of miner, ( they have every type available )
You rent it > Send btc to required address > Once it hits 1 confirmation the miner automatically starts up and goes to mining your pool.
I've been using them for about a week, and it's awesome.
Betarigs has turned to shit. Try Nicehash instead. You rent hash instead of rigs so you always get exactly what you want.
renting a miner would be more appropriate for an ROI i think
I reccomend www.betarigs.com
Setting up a cloud miner is simple and takes less than 10 minutes.
You register > Search for what kind of miner, ( they have every type available )
You rent it > Send btc to required address > Once it hits 1 confirmation the miner automatically starts up and goes to mining your pool.
I've been using them for about a week, and it's awesome.
Setting up a cloud miner is simple and takes less than 10 minutes.
You register > Search for what kind of miner, ( they have every type available )
You rent it > Send btc to required address > Once it hits 1 confirmation the miner automatically starts up and goes to mining your pool.
I've been using them for about a week, and it's awesome.
Betarigs has turned to shit. Try Nicehash instead. You rent hash instead of rigs so you always get exactly what you want.
Yea, im slowly noticing i'll never make a profit through them...
Checked out nicehash...It just confuses me...
Checked out nicehash...It just confuses me...
I reccomend www.betarigs.com
Setting up a cloud miner is simple and takes less than 10 minutes.
You register > Search for what kind of miner, ( they have every type available )
You rent it > Send btc to required address > Once it hits 1 confirmation the miner automatically starts up and goes to mining your pool.
I've been using them for about a week, and it's awesome.
Setting up a cloud miner is simple and takes less than 10 minutes.
You register > Search for what kind of miner, ( they have every type available )
You rent it > Send btc to required address > Once it hits 1 confirmation the miner automatically starts up and goes to mining your pool.
I've been using them for about a week, and it's awesome.
Betarigs has turned to shit. Try Nicehash instead. You rent hash instead of rigs so you always get exactly what you want.
I reccomend www.betarigs.com
Setting up a cloud miner is simple and takes less than 10 minutes.
You register > Search for what kind of miner, ( they have every type available )
You rent it > Send btc to required address > Once it hits 1 confirmation the miner automatically starts up and goes to mining your pool.
I've been using them for about a week, and it's awesome.
Setting up a cloud miner is simple and takes less than 10 minutes.
You register > Search for what kind of miner, ( they have every type available )
You rent it > Send btc to required address > Once it hits 1 confirmation the miner automatically starts up and goes to mining your pool.
I've been using them for about a week, and it's awesome.
Bit-x has a confirmed cloud mining system, bitfury holds their hardware, you could try it there but usually mining at home with free electricity is the way to go, or look into altcoins to mine and try to profit on one of those pump and dump.
I'm using Hashnest (by Bitmaintech one of the largest ASIC manifacturer) based in China.
Mostly I'm buying and selling UMISOO hash power on daily basis.
Bitcoin price and UMISOO price are connected somehow and you can predict the future price of it via Bitcoin price.
Mostly I'm buying and selling UMISOO hash power on daily basis.
Bitcoin price and UMISOO price are connected somehow and you can predict the future price of it via Bitcoin price.
Op, if you do decide going with what he/she suggested I would do your own homework. yeah its a common decent recommendation, but you have to know that their are other choices as well just as good.
Given example, comparing performance wise with the same cost of their machines to Spoondlies. They too also just started this, and have accepted even credit cards to buy your hashes, I think this route is way better.
If stuff happens you can at least protect yourself and call on a fraud case or open one. Esp, if you are going to buy a bunch of hashes.
I'm using Hashnest (by Bitmaintech one of the largest ASIC manifacturer) based in China.
Mostly I'm buying and selling UMISOO hash power on daily basis.
Bitcoin price and UMISOO price are connected somehow and you can predict the future price of it via Bitcoin price.
Mostly I'm buying and selling UMISOO hash power on daily basis.
Bitcoin price and UMISOO price are connected somehow and you can predict the future price of it via Bitcoin price.
"Cloud Mining" ? Not good ideas for earning money. Low Profit but high risk. 4-5 months ROI .
nicehash seems good for me.
Hell yeah! Making a fortune! What pool do you mine?
nicehash seems good for me.
Yea, i think its best to not take that road...Im looking for a new road but don't see any...
join a signature campaign, but rise your activity first
or if you are in a hurry, you can join 777coin campaign, which allow newbiew too, however payment isn't that great
So what advice can someone give me to make more bitcoin? Is it true you can mine Altcoins on a GPU and trade for bitcoins? See i don't have any direction, i need a mentor or someone to tell me which way to go on this quest for bitcoin.I am turning a profit on my faucet but its to slow....any ideas for me where to go, read, learn, etc.
It's absolutely possible to mine more profitable alt-coins with your GPU's and trade them for bitcoin. The primary problem most people have is electricity isn't free. Unless your paying in the neighborhood of 0.02/USD/KW/H to 0.035/USD/KW/H you can pretty much forget about any real profitablity with GPU mining.*Hint, check out coinwarz.com or any number of similar sites and filter by the X11 based (and derivatives, X13, etc.) algorithms, they are probably your best bet insofar as profitability and power consumption currently.
Theres also a great set of Profitability Calculators that allow you to enter the hashrate stats for your particular GPU along with other variables such as Pool Fee's, electricity costs, unit cost and basically gives you a breakdown of current profit earning potential. Just be aware, current earnings will fluctuate...mostly in the downward direction!
Yea, i think its best to not take that road...Im looking for a new road but don't see any...
I really wouldnt recommend it, unless you have btc to waste incase if it does go south.
Most of them turn out to be some higher level of a ponzi, that crumbles way later since they wont explain if they have hardware or the physical location of the place hosted. Details like small questions wont go answered is a sign.
Most of them turn out to be some higher level of a ponzi, that crumbles way later since they wont explain if they have hardware or the physical location of the place hosted. Details like small questions wont go answered is a sign.
So what advice can someone give me to make more bitcoin? Is it true you can mine Altcoins on a GPU and trade for bitcoins? See i don't have any direction, i need a mentor or someone to tell me which way to go on this quest for bitcoin.I am turning a profit on my faucet but its to slow....any ideas for me where to go, read, learn, etc.
So are they all pozie's??? If there pozie they might work now but not for long.....I dont want to drop 1,000$ into a sinking ship
If they don't provide proof of hardware ownership you can assume it is operating as a ponzi, and this is the most probable scenario.
My advice is stay away from everything that says 'cloud mining'.
Are they all Ponzi's?
So are they all pozie's??? If there pozie they might work now but not for long.....I dont want to drop 1,000$ into a sinking ship
I rent from Nicehash. Works for me.
My advice is stay away from everything that says 'cloud mining'.
You should read this first: https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387
I've been in the game for about a year.Ive made a bitcoin website that has the best faucet list for referrals http://bitcoinfaucetrelay.com . I have have made a faucet with the earning from those referrals http://dimensionalbtc.ddns.net . I am now bored with this and want to move on to bigger and better things. I came across something called cloud mining and wanted someone to tell me where is the best site that is not a scam and has anyone heard of this site https://scrypt.cc . I need advice where to invest or invest at all, what to expect or any advice you can give me....Thanks
[/color] Jump to: