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Topic: Which one is the best cloud mining company? (Read 568 times)

legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
August 08, 2017, 02:06:25 AM
#8
None bruh
newbie
Activity: 26
Merit: 0
Cloud mining is in general all a scam. Like other people said hashnet.com is one of the only legit ones out there. Instead of buying mining power from a cloud mining company build your own GPU rig or buy your own ASICs.
legendary
Activity: 4326
Merit: 8950
'The right to privacy matters'
www.hashnest.com  is actually good  I have about ½ a btc there.

No one else is worth it in my opinion.

Why is that? hash nest builds s-7 s-9 L-3 since they are bitmain.

So they did not and will never pay retail for the gear they use to mine.

Yes you can lose money with them but I like them for the most part.

the avalon 741 with a rasp pi is about 900 and a psu it is about 1050

you mine about 7.5 th

hashnest will charge you about 1598 for the same hash

but hashnest will charge you 8 cents a kwatt and you will be using 20 kwatts a day or 1.60 a day

the avalon 741 will use 30 kwatts a day  so at 10 cents power 3 dollars

in 300 days  480 in power vs 900 

no risk of down time with hash nest

so if you weigh the two  the avalon looks better for the first 200-300 days  after that the s-9 from hash nest may be better.

member
Activity: 84
Merit: 10
anyone know about swissgold mining
newbie
Activity: 45
Merit: 0
Genesis Cloud Mining is probably the most reputable that I know of, but as the previous poster said, Cloud Mining is very inefficient and you will rarely get the money you invest back.

It's FAR cheaper to build and host a mining rig yourself.

Genesis mining is the biggest "legit scam" in this space, use them if you wanna never see your money again, plain and simple (read their trust ratings)

The ONLY legit cloud mining providers are Bitmains "Hashnest" and Hash-to-coins "Hashflare" (hashtocoins has a kinda dubious past but users report no isssues with the hashflare service)
NEITHER of these services "gurantee ROI", do your research, think 200 days of network difficulty ahead, and you MAY make money with these services tho
(i have made money on both those services, but also lost money on hashnest with value drop in hash)

again: think ahead with cloud mining! haha

With you all the way CjMapope!!!!!   I made the mistake of buying some hashpower with Genesis MIning and it has been a TRUE nightmare!!!!  Their support -if you can call it that- is terrible, they come up with all these rules to either not pay you out, or they force you to chase them for weeks before you get a pay out, their interface is a mess, you are supposed to get daily payouts...(not transfers but payout equaling the hashes you made that day)....sometimes you only get 1 or 2 a week....the first month they'll retain all your cash on phony rule they made up....I regret the day I came across their site!!!   DON"T USE GENESIS MINING!!!!!!!!
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
Genesis Cloud Mining is probably the most reputable that I know of, but as the previous poster said, Cloud Mining is very inefficient and you will rarely get the money you invest back.

It's FAR cheaper to build and host a mining rig yourself.

Genesis mining is the biggest "legit scam" in this space, use them if you wanna never see your money again, plain and simple (read their trust ratings)

The ONLY legit cloud mining providers are Bitmains "Hashnest" and Hash-to-coins "Hashflare" (hashtocoins has a kinda dubious past but users report no isssues with the hashflare service)
NEITHER of these services "gurantee ROI", do your research, think 200 days of network difficulty ahead, and you MAY make money with these services tho
(i have made money on both those services, but also lost money on hashnest with value drop in hash)

again: think ahead with cloud mining! haha
hero member
Activity: 1778
Merit: 907

I know there are so many cloud mining companies out there but I want to ask which one is the best based users experience, trust and reputation.

None might be a harsh answer but it's for the better, there might be some that do end up paying, but that doesn't make them reputable/reliable. Don't try "investing" any money into Cloud Mining Schemes, you will likely end up losing all your money or being paid once and after re-investing never being paid again.
full member
Activity: 694
Merit: 108
santacoin.io

I know there are so many cloud mining companies out there but I want to ask which one is the best based users experience, trust and reputation.
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