I wouldn't really recommend cloud mining at this stage as it can take a long time to reap rewards and is not really that profitable right now. There are also an amazing amount of scams operating and taking advantage of people, i have used Genesis Mining which I believe to be one of the legit ones and it is taking my almost a year to get ROI so don't expect to get rich quick.
If you are looking to mine some bitcoin you could look to join one of the pools that are about and then rent some hashrate from sites such as miningrigrentals, there is a pool here which operates at 1% fee and if you hit a block you keep the entire 25 reward minus the fee and also a donation from yourself to the operator which you don't have to do but is always a nice gesture, https://bitcointalksearch.org/topic/yh-solockpoolorg-2-fee-solo-mining-usade-255-blocks-solved-763510
The chances of you hitting a block however are quick small and is complete luck even with 1PH rented for 24 hours.
Topic: What is the best Cloud mining solution? (Read 769 times)
Hi
I'm a little bit confused when it is to choose a good plan for cloud mining. I have seen that the difficulty is so higher that the profitability is no longer as it was. First is it a good investment? what solution to choose, and what plan?
the biggest problem for cloud mining sites is very difficult to find the real cloud mining because most of them are fake and cannot showing the proof that they are the real one and actually now people looks bored with cloud mining sites because investing on they sites are not profitable any longerI'm a little bit confused when it is to choose a good plan for cloud mining. I have seen that the difficulty is so higher that the profitability is no longer as it was. First is it a good investment? what solution to choose, and what plan?
Cloud mining is just a waste of time, almost every cloud mining website is a ponzi scam or a HYIP which will stop paying after some time because of the lack of new investors in order to pay early ones, this scheme ends when there is no more money invested in those sites. The legit like HASHNEST, you can never make ROI with them, so I think you should listen to all the people advice in this thread and do not invest in cloud mining.
1. Its not profitable
2. Its not legit most of the time (HYIPS all over us)
1. Its not profitable
2. Its not legit most of the time (HYIPS all over us)
Cloud mining is just a waste of your time and money. Most if the cloud mining services work on similar pattern of hyip paying old investors with money from new investors. I suggest you never to trust any cloud mining service its better you ask for pictires of their mining rig with their company name written in that building.
Thank you all for your suggestions. After what you said in this post I WILL NEVER THRUST THOSE DREAM SELLER PONZIS 
the topic bitbaby referred me is excellent https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387
I had doubt about Hashocean as no cloud mining could make as much as they claim mathematically speaking !
Thank you and for newbies like me : STAY AWAY FROM THOSE SCAMS !
the topic bitbaby referred me is excellent https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387
I had doubt about Hashocean as no cloud mining could make as much as they claim mathematically speaking !
Thank you and for newbies like me : STAY AWAY FROM THOSE SCAMS !
Best solution is to hang tight to your Bitcoins and not feed them to HYIPS or ponzi scam,as that what the majority of the website masked as cloud mining are. The legit ones, you never make ROI with them, so the best option is to stay away from them. Holding bitcoin is much better than giving to some shadowy HYIP or ponzi scam.
Most new BTC enthusiasts look for Clound Mining or any other income earning method with high returns, believing that it's true and possible, but it's just a illusion to lure those newbie members into fraudulent schemes like Ponzi HYIP. Don't waste your time and money, all methods that promise very high profits are just people trying to take your money away.
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Like so many of we lazy ones looking for "passive income", I have looked at some cloud mining opportunities. I even asked here at bitcointalk about a couple of them.
Bottom line is I have not found a single one that pays enough to an investor to make it worthwhile. And I have looked.
So, based on my experience, and the comments of many knowledgeable people here, I doubt that ANY of them are any good.
Like so many of we lazy ones looking for "passive income", I have looked at some cloud mining opportunities. I even asked here at bitcointalk about a couple of them.
Bottom line is I have not found a single one that pays enough to an investor to make it worthwhile. And I have looked.
So, based on my experience, and the comments of many knowledgeable people here, I doubt that ANY of them are any good.
Hi
I'm a little bit confused when it is to choose a good plan for cloud mining. I have seen that the difficulty is so higher that the profitability is no longer as it was. First is it a good investment? what solution to choose, and what plan?
I'm a little bit confused when it is to choose a good plan for cloud mining. I have seen that the difficulty is so higher that the profitability is no longer as it was. First is it a good investment? what solution to choose, and what plan?
hashocean is the best place at the moment and they re very reliable
Here is the available plan https://hashocean.com/pricing/?rid=458126
@OP, most(if not all) so called cloud mining sites are nothing but ponzi scams waiting to accumulate enough funds to make a dash, I wouldn't recommend you
This is a good thread on cloud mining, give it a thorough read: https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387
Hi
I'm a little bit confused when it is to choose a good plan for cloud mining. I have seen that the difficulty is so higher that the profitability is no longer as it was. First is it a good investment? what solution to choose, and what plan?
I'm a little bit confused when it is to choose a good plan for cloud mining. I have seen that the difficulty is so higher that the profitability is no longer as it was. First is it a good investment? what solution to choose, and what plan?
hashocean is the best place at the moment and they re very reliable
Here is the available plan https://hashocean.com/pricing/?rid=458126
Cloud miners will sell your their risk at a really bad premium.
People who give into those services are usually badly informed and not very knowledgeable about mining, which explains the bad premium.
I haven't seen anything worthwhile and my advice is too avoid cloud mining.
People who give into those services are usually badly informed and not very knowledgeable about mining, which explains the bad premium.
I haven't seen anything worthwhile and my advice is too avoid cloud mining.
The best one is the one you never get involved in...
Cloud mining, high risk and little reward.
Cloud mining, high risk and little reward.
Hi
I'm a little bit confused when it is to choose a good plan for cloud mining. I have seen that the difficulty is so higher that the profitability is no longer as it was. First is it a good investment? what solution to choose, and what plan?
I'm a little bit confused when it is to choose a good plan for cloud mining. I have seen that the difficulty is so higher that the profitability is no longer as it was. First is it a good investment? what solution to choose, and what plan?
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