Topic: Whats the best cloud mining site? - page 3. (Read 11576 times)

Well sure, being an affiliate can be profitable, but isn't it essentially a ponzi/pyramid scheme if no one has profited from the mining itself?

My questions has nothing to do with specific details of what people invested but merely asking for a date of contract purchase and the advertised rate. Your privacy is intact as you could say your friend took a contract for unknown BTC on this date at this rate.

Just rough estimation.

have no experience with them


Im not using dates, names and numbers just to keep my privacy. ... I don't like sharing details with strangers, especially when it's about money ...
So its up to you if believe me or not. Moreover, to be honest,  Im not 100% sure whether will reach ROI alone (so far seems I will) but can tell you most of profit came from ref. earnings (thats a pure profit).   

I can give you ratios of my contract
invest (x), received (y), last payout (z)

y / x = 0,89478166 ( this is my 90% invest back)
z / x = 0,00442469  this was payout nr. 125 (days)

That's all Im willing to provide you.

There is no need to see "projected" charts of "expected" ROI. Tell me the rate and the date invested and I will simply calculate the profit loss based upon real historical data.

If I take those Price per GH/s rates ranging from 0.00754893 to 0.005300133 in those date ranges and calculate them with real world historical data than none of these contracts resulted in profit as you suggest.

You have been misled and are misleading others spreading a chart which doesn't take into account dynamic increases in difficulty.


The mining difficulty was indeed only 13.84% this last month which was a historical low. One should not expect this month in and month out. Already there is a 11% estimate jump in 12 days setting a pace for a 22-25% difficulty for this month. Notice how the 15% figure has a Breakeven return of 147 days based upon that rate ? This means one month of 13.84 isn't going to turn a profit or even breakeven. One needs and average of at least 5 months of 15% or lower to do this!

Judging from past historical data it is reasonable to suggest investors to expect at least a 20% average difficulty per month. This is a conservative estimate. Go ahead and look at past historical difficulty and see that almost every month had higher than 20% and some over 100%. Yes, as I have already said, it is possible to turn a profit cloud mining. I am merely suggesting that I doubt anyone has done so mining Bitcoin in the past with cloud mining and it is extremely unlikely to happen with any current advertised contracts.

What agenda could I possibly have besides expecting a honest and accurate dialogue of the facts?  


To be clear I like bitcoin and am personally invested in it, don't promote any alts, believe it is also almost impossible to profit from buying an asic as well, don't promote any other scheme of PoS/DPoS/ect, don't promote or work for any exchange /money transmitter/Am not a troll...

So let me hear about your wild conspiracy theories as to my intended "agenda".

True, this make me think every time. And even if I'm on cex actually, I agree with you.

No, you should only expect a negative ROI or loss from any cloud mining service. I have yet to hear any proof otherwise. Notice how proponents use dishonest representations and misleading suggestions rather than simply discussing examples where they turned a profit by verifying a specific claim.

Product name , date range , rate ? (payout per day and amount invested aren't sufficient to validate claims)

Has there ever been an example of any Bitcoin cloud mining contract in history that has been profitable for the investor?

Hey dude! you can try other things in mining and engage with the legit and i know PBmining is a legit and you can try it...as many say it very ok and you need to purchase a miimum GHs..and hope you find what you looking for...BTC

Good news are coming from cloudmining.website. I hope they keep this rate...

I have used both PBMining and CEX.io. Both work pretty well.
CEX.io is maybe a touch easier to navigate

So ROI in 8-9months?

Guys, what do you think about hashprofit.com? Their payback time forecast is 4-7 months with a trial of 200kh/s for a week

In my first contract with cloudminingservice (bought at july 2014) I have already back 90% but actual payout is so low, that I thing ROI roughly in Jan - Feb next year.

All I know is PBmining

Please be careful and research into cloud mining before spending any money.

https://www.cryptocoinsnews.com/gavin-andresen-suspects-ponzi-schemes-bitcoin-cloud-mining/

“How do you know that when you send money to a cloud mining place they are actually dedicating hardware to hashing for you? What stops them from practicing ‘fractional reserve mining’ — reselling the same hardware to eleven different people, and using the money coming in to pay Fantabulous Weekly Returns With Profitability Guaranteed?”

https://bitcointalksearch.org/topic/advice-for-new-users-regarding-cloud-mining-739510

PBmining is very famous, I knew about it from a while from ads on faucets and review sites, CEX.io currently isn't a mining site now but mainly a trading site imo.
There is one called hashle or hashie where you get trial 10 gb but can't withdraw profit except after spending $20 on site but at least provide idea about the site mining process.

So cloudmining.website has daily earnings? What's his ROI?

PBmining is the best, for sure.

but bitcoincloudservices has better prices and daily payout (which is great for highers hash rate but not so good for small ones) + 7 days money back policy

I also tried hashie ... so far looks good, it is lifetime purchase (but they charge fees) ... I like the auto-rebuy option and also you can sell your miners.

This is no solid reason of rejection. Once upon a time PB mining was a new website too and their design was far worse than what cloudmining.website is today. Moreover I have made money on PB mining previously. I gave it a try when PB was new. I'll give cloudmining.website a try for the same reason.


U r correct. I waited for feedback and hence did not rush in on the first day. Now, as there are +ve feedbacks coming, I think its time to make the move. The offer may not last for long.

Let's wait some feedback on cloudmining.website
What's your ROI on pbmining guys?

cloudmining.website is a new website and there are not much reviews about them
pbmining.com is an old and trusted site also you can check their thread for customer review about their service

Replied in your quote.