Which cloud mining should I use? | Bitcointalksearch.org

xstr8guy

hero member

Activity: 784

Merit: 1004

Glow Stick Dance!

Quote from: precrime3 on April 06, 2014, 07:01:18 PM

It seems like PB mining has the lowest btc/gh/s ratio and offer 5 year mining contracts so if you want a set it and forget it solution, here you go. I do not recommend the 5 year contract unless you plan on adding hash rate because xxx hash doesn't stay relevant long in the game of mining...

Some people look at the 5 year contract from PBMining and are turned off by it. I don't see why though. You make ~~a single payment~~ at the time of purchase and the GHs are yours for 5 years. There are no other fees. And at the end of 5 years, your contract is done and you walk away.

Besides, the vast majority of your return will come in the first year. And unless the BTC exchange rate increases dramatically, you might not want to even bother collecting the the last few satoshis that you will collect in the last couple of years of the contract, lol.

So just think of it as a one year contract when you do your computations. It's still a pretty good deal.

precrime3

member

Activity: 84

Merit: 10

PM for journalist,typing,and data entry services.

It seems like PB mining has the lowest btc/gh/s ratio and offer 5 year mining contracts so if you want a set it and forget it solution, here you go. I do not recommend the 5 year contract unless you plan on adding hash rate because xxx hash doesn't stay relevant long in the game of mining...

Borntostun

member

Activity: 70

Merit: 10

Definitely scrypt.cc

http://scrypt.cc?ref=baaaT

Link is below.

Scrypt mining is much more profitable. It pays every 10 min . . . pays out in BTC . . . and multi pools . . . great site.

gallifrey

newbie

Activity: 7

Merit: 0

Quote from: controls on April 05, 2014, 05:53:47 PM

Quote from: howzar on April 05, 2014, 11:34:02 AM

Quote from: gallifrey on April 05, 2014, 02:05:29 AM

Quote from: howzar on April 04, 2014, 02:50:09 PM

Quote from: gallifrey on April 04, 2014, 02:23:59 PM

scrypt.cc was one I looked into but it just seemed to me to much like a ponzi scheme and the prices just seemed to high.

Check out my thread!! I posted above

I would of joined up on your offer but I already created an account.

Just sell your ghs for btc and create a new account. You'll get cash back from signing up with me!

I hope they ban your account. Trying to snake customers under your referral. Grin

Is paying for referrals against the terms of service? 3% of someones hashing power is actually quite a bit. I'm not much of an advertiser though.

controls

newbie

Activity: 13

Merit: 0

Quote from: howzar on April 05, 2014, 11:34:02 AM

Quote from: gallifrey on April 05, 2014, 02:05:29 AM

Quote from: howzar on April 04, 2014, 02:50:09 PM

Quote from: gallifrey on April 04, 2014, 02:23:59 PM

scrypt.cc was one I looked into but it just seemed to me to much like a ponzi scheme and the prices just seemed to high.

Check out my thread!! I posted above

I would of joined up on your offer but I already created an account.

Just sell your ghs for btc and create a new account. You'll get cash back from signing up with me!

I hope they ban your account. Trying to snake customers under your referral. Grin

howzar

hero member

Activity: 574

Merit: 500

Quote from: gallifrey on April 05, 2014, 02:05:29 AM

Quote from: howzar on April 04, 2014, 02:50:09 PM

Quote from: gallifrey on April 04, 2014, 02:23:59 PM

scrypt.cc was one I looked into but it just seemed to me to much like a ponzi scheme and the prices just seemed to high.

Check out my thread!! I posted above

I would of joined up on your offer but I already created an account.

Just sell your ghs for btc and create a new account. You'll get cash back from signing up with me!

Don007

legendary

Activity: 1050

Merit: 1007

Live like there is no tomorrow!

I recently bought a couple of gh/s at Cex.io, lets see if it will ever ROI.

The difficulty is increasing hard, with over 20% now.. That makes it harder to ROI.

Crossbow376

hero member

Activity: 615

Merit: 500

I don't think you should buy hashrate on cex.io. It is not profitable IMHO.

gallifrey

newbie

Activity: 7

Merit: 0

Quote from: howzar on April 04, 2014, 02:50:09 PM

Quote from: gallifrey on April 04, 2014, 02:23:59 PM

scrypt.cc was one I looked into but it just seemed to me to much like a ponzi scheme and the prices just seemed to high.

Check out my thread!! I posted above

I would of joined up on your offer but I already created an account.

howzar

hero member

Activity: 574

Merit: 500

Quote from: gallifrey on April 04, 2014, 02:23:59 PM

scrypt.cc was one I looked into but it just seemed to me to much like a ponzi scheme and the prices just seemed to high.

Check out my thread!! I posted above

gallifrey

newbie

Activity: 7

Merit: 0

scrypt.cc was one I looked into but it just seemed to me to much like a ponzi scheme and the prices just seemed to high.

Klootviool

newbie

Activity: 8

Merit: 0

True, buying hardware is always cheaper at first. But dont forget the electricity costs.
Depending on where you live ofc.
I live in The Netherlands and mining with hardware is way to expensive in the long term for me.
Also scrypt.cc mines different alt coins, and switches every minute too the most profitable ones.

And hardware can break down leaving you with a loss.

Also it easier for me to sell my cloud hashes than a piece of hardware.

That is why cloudmining is an interesting option overal.

Don007

legendary

Activity: 1050

Merit: 1007

Live like there is no tomorrow!

I think scrypt.cc is way too expensive.

For example, i've bought a 8650 kh/s Fibonacci miner (which will be working in july or august) for 0,x BTC. At scrypt.cc, you've to pay more than 13 BTC for that. Ofcourse, you've got it mining right away. But i'm not sure whether that's worth a 12.x BTC premium.

Klootviool

newbie

Activity: 8

Merit: 0

I made my profit on cex.io with trading.
So thats buying at low ghs price, then sell at higher price. Wait till the price drops and repeat the proces

That way i earned way more then just mining.

Problem with pb is that i cant get my money out when i want.
Its defintly not a scam, but i like to able to move my buisness where i want.
So basicly contracts aren't good for me.

For now i keep track of the profits i make on different sites to determine wich is best.
At this moment that is script.cc for me.

Don007

legendary

Activity: 1050

Merit: 1007

Live like there is no tomorrow!

That's true, you can't sell your Gh/s yet at PBmining. But I assume you don't buy Gh/s to sell them right away. The lack of this option allthough makes it much cheaper to buy some Gh/s. I've got Gh/s at pbmining.com and cex.io. These are both referal URLs if you mind.

Klootviool

newbie

Activity: 8

Merit: 0

Quote from: Don007 on April 04, 2014, 12:30:56 PM

Scrypt.cc is focused on Scrypt-based coins, such as Litecoin etcetera. I think their prices are way too high at this moment.

You could also buy Gh/s at pbmining.com (that is my referal URL,, if you don't want to use my ref link: pbmining.com) Currently you only pay 0.007 BTC per Gh/s, so it's cheaper than Cex.io.

True, pbmining ghs are cheap. Site works great but: You cant sell your contract.
That means that you will only start making profit after ROI. And you cant get out whenever you want.
I have 20ghs at pb, works great but not the most profitable way to invest.

Klootviool

newbie

Activity: 8

Merit: 0

Iam there now for some time. It looks promesing and works great.
But if something would go wrong i will surely post it all over the web.
I hate scams as much as you do.

I have been on cex.io too. But i dont like the fluctuating fees. I had several blocks of 2 hour+.
I made most btc by trading. Trading was free, but there will be a fee on trading too.
A lot of people like cex.io, so there is nothing wrong with that site.

All i am saying is: Give script.cc a try.
But you can also wait until the site has proven its reliability. Nothing wrong with that.

Don007

legendary

Activity: 1050

Merit: 1007

Live like there is no tomorrow!

Scrypt.cc is focused on Scrypt-based coins, such as Litecoin etcetera. I think their prices are way too high at this moment.

You could also buy Gh/s at pbmining.com (that is my referal URL,, if you don't want to use my ref link: pbmining.com) Currently you only pay 0.007 BTC per Gh/s, so it's cheaper than Cex.io.

Ramhound

full member

Activity: 123

Merit: 100

Quote from: Klootviool on April 04, 2014, 11:52:50 AM

You should check out http:// scrypt.cc?ref=xxxxx
Its a cloudmining site, but they dont mine btc directly.
They only mine several altcoins who are the most profitable.
Wich coins are the most profitable is checked every 60sec.

You get paid every 10 minutes, in btc. So you dont have to go to an exchange and pay a lot of fees.
It works great for me, just see for yourself.

The site is still in beta, but the improved version will be implemented soon.

Sounds like a scam.

Klootviool

newbie

Activity: 8

Merit: 0

You should check out http:// scrypt.cc?ref=babjx
Its a cloudmining site, but they dont mine btc directly.
They only mine several altcoins who are the most profitable.
Wich coins are the most profitable is checked every 60sec.

You get paid every 10 minutes, in btc. So you dont have to go to an exchange and pay a lot of fees.
It works great for me, just see for yourself.

The site is still in beta, but the improved version will be implemented soon.

howzar

hero member

Activity: 574

Merit: 500

Should of checked out my thread first

https://bitcointalksearch.org/topic/i-will-pay-you-to-mine-with-cexio-557265
I will give you cash back if you sign up under my ref link.

gallifrey

newbie

Activity: 7

Merit: 0

I just signed up on cex.io and purchased a few GHS as they seem to be the best to start mining. What other options are out there to start mining without buying hardware? The ones I checked out seemed a little iffy or "ponzi" like. I don't have a bunch of funds to buy hardware so I think cloud mining is my best solution right now.

Topic: Which cloud mining should I use? (Read 1287 times)