Why not invest instead of cloudmining?? - page 4.

neonshium

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Quote from: Amph on September 18, 2015, 02:22:25 AM

Quote from: coinplus on September 18, 2015, 02:08:22 AM

I have invested a lot into some bitcoin cloud mining. But got some 30% return only. So think twice be fore you act for cloud mining.

well you need time for roi, unless you were scammed, there is the need to wait something like 10 months, don't expect roi in 1-3 months, because it is unrealistic with your HW also...

Yes could mining needs some time for your return on investment. Could mining is the simple way to make your bitcoins working for you to get you more bitcoins. Money earn interest money which is similar to cloud mining except minor changes..

Amph

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Quote from: coinplus on September 18, 2015, 02:08:22 AM

I have invested a lot into some bitcoin cloud mining. But got some 30% return only. So think twice be fore you act for cloud mining.

well you need time for roi, unless you were scammed, there is the need to wait something like 10 months, don't expect roi in 1-3 months, because it is unrealistic with your HW also...

coinplus

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I have invested a lot into some bitcoin cloud mining. But got some 30% return only. So think twice be fore you act for cloud mining.

crazyivan

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DMD Diamond Making Money 4+ years! Join us!

Classic home mining was profitable 2 years ago, cloud mining was profitable 1 year ago. The next thing is PoS, altcoins staking.

No worries about diff jump, power costs, new chips or anything similar. Just differentiate your investments into PoS coins and u can reach your ROI in about 200 days or so.

Herbert2020

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Quote from: Butoeskor on September 16, 2015, 04:47:56 AM

The cloudmining is doomed to failure. If you do not want to lose your bitcoins, it is best to invest as little as possible, but currently there are still companies that still work and pay. My opinion, I think that most cloud is a scam, do not inspire any confidence, I still have fresh memories of Hash Profit and PBmining.

that is not 100% correct.
when it comes to cloudmining there are two categories:
1) the first is the majority of them which are scam ponzi schemes. in this case you should clearly stay away from all of them.
2) are the legit cloudmining services. investing in them is not doomed to failure. it is just not a very profitable investment. because of the maintenance fees and the rising difficulty which will lead to a bad ROI.

killerjoegreece

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Professional Native Greek Translator (2000+ done)

never ever ever cloudmine. most of them are scams.

Butoeskor

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The cloudmining is doomed to failure. If you do not want to lose your bitcoins, it is best to invest as little as possible, but currently there are still companies that still work and pay. My opinion, I think that most cloud is a scam, do not inspire any confidence, I still have fresh memories of Hash Profit and PBmining.

Amph

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Quote from: CEG5952 on September 14, 2015, 07:35:50 AM

Cloud mining doesn't guarantee you anything. They may be paying at first but like other ponzi schemes, they would just disappear like a bubble if they earn hundreds of people's trust.

they will for sure, if they are in a bad situation and they are bankrupt or something, but besides this, why they should disappear if it is profitable for them

as long as there is profit, there is trust, i doubt they are thinking that the scam circle(build a site, scam the people, repeat with another site) may be a better solution for earn more

lemipawa

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I got scammed by two sites that claims they are mining coins and I have no plans of investing in cloudmining again. Both sites have a common denominator and that is no proof of operations. They will tell you they are into mining, they will even tell you what coins they are mining, but ask for proof of operations they cant show you a single proof. This thread can help you. https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387

wyde666

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you should consider again and again about cloudmining.. average mostly scam... and if their legit, your invest will take longer to ROI...if you still want to invest in cloudmining put in very large amount so you ROI is worth it, but..still there is no guarantee their still legit/paying, even their trusted...nobody know what happen next.

CheckOut3

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Well, I think that investing is better than clouding mining because most cloud mining are scams.

rinhunter

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better use of its own mining tool instead of using cloudmining sites that certainly we dont know whether it is safe or not.

Rude Boy

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My choice will be investing on some alt coin or something else or hold untill the price ups.
Because, most of the cloud mining will be just a scam/ponzi and it'll dissappear after some time. Like grmining. So it is recommended don't invest on cloud mining.

Inkvor

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Quote from: CEG5952 on September 14, 2015, 07:35:50 AM

Cloud mining doesn't guarantee you anything. They may be paying at first but like other ponzi schemes, they would just disappear like a bubble if they earn hundreds of people's trust.

that is the most possible outcome ,but you should also check on some real pools and manufacturers who provide the service.
like hashnest and antpool.

johnyj

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ASIC miner warmed garage is the best investment Grin

killerjoegreece

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most cloudmining companies turn out to be scams. so i would advise you not to use them.

CEG5952

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Buy and sell bitcoins,

Cloud mining doesn't guarantee you anything. They may be paying at first but like other ponzi schemes, they would just disappear like a bubble if they earn hundreds of people's trust.

Q7

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I would rather pay extra and confirmed getting the amount of btc that i paid for rather than throwing away blindly to cloudmining. You don't pay money to people to run your business and in the end, give you back all the profit.

crazyearner

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Quote from: Btcforall on September 14, 2015, 05:59:05 AM

Quote from: Inkvor on September 14, 2015, 01:03:52 AM

Quote from: Btcforall on September 13, 2015, 06:17:55 PM

Quote from: NorrisK on September 13, 2015, 03:40:30 PM

Quote from: jonald_fyookball on September 13, 2015, 02:52:18 PM

Quote from: Mickeyb on September 13, 2015, 11:33:03 AM

Quote from: pjsonowal on September 13, 2015, 11:29:29 AM

I want some views of bitcointalk guys here towards the quesrion why not invest instead of cloudmining??,

YouDEFEND it or REFUTE it.. Huh

Post your views with DEFEND OR REFUTE and then

I refute both!

Majority of cloudmining websites are scams anyway. The 1 or 2 that are not scams will not bring you any ROI. Cloudmining is the stupidest thing that I have heard about, but greed takes over in people so they invest in anything.

This.

Think about it. Companies exist for profits, can't survive without profits, and rarely do anything that doesn't help their bottom line, let alone base their business model around it.

So why would they essentially pay people money to have an account? If the mining is profitable, they would be doing themselves instead of splitting the money with the customer when the only thing the customer brings to the table is capital.

The idea is that they can't purchase the hardware without the investment of their costumors. If they had the money to buy the equipment, they wouldn't rent out the hash Wink

But they also pay interest plus profit how do they get so much return?

what do you mean "how do they get" ? they are mining and it is profitable specially when you are in a country where there is no problem of POWER..
and they pay you not more than 60% of what you deserve.

Then why is everyone say cloudmininig is scam.I don't see any scam in mining

Mining is not a scam its the services that people put up ie cloud mining services that become a scam not the mining in general. A lot of website making claims to host miners or saying they have equipment to rent and take contracts off never have the equipment and put funds into other stuff so that payments can be made to a person, or have the equipment and charge over rated fees and never get RIO back on them. That is why people are shouting scam because in more ways than 1 most cloud-mining company are a scam and never have equipment to begin with or run into lots of problems.

Btcforall

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Quote from: Inkvor on September 14, 2015, 01:03:52 AM

Quote from: Btcforall on September 13, 2015, 06:17:55 PM

Quote from: NorrisK on September 13, 2015, 03:40:30 PM

Quote from: jonald_fyookball on September 13, 2015, 02:52:18 PM

Quote from: Mickeyb on September 13, 2015, 11:33:03 AM

Quote from: pjsonowal on September 13, 2015, 11:29:29 AM

I want some views of bitcointalk guys here towards the quesrion why not invest instead of cloudmining??,

YouDEFEND it or REFUTE it.. Huh

Post your views with DEFEND OR REFUTE and then

I refute both!

Majority of cloudmining websites are scams anyway. The 1 or 2 that are not scams will not bring you any ROI. Cloudmining is the stupidest thing that I have heard about, but greed takes over in people so they invest in anything.

This.

Think about it. Companies exist for profits, can't survive without profits, and rarely do anything that doesn't help their bottom line, let alone base their business model around it.

So why would they essentially pay people money to have an account? If the mining is profitable, they would be doing themselves instead of splitting the money with the customer when the only thing the customer brings to the table is capital.

The idea is that they can't purchase the hardware without the investment of their costumors. If they had the money to buy the equipment, they wouldn't rent out the hash Wink

But they also pay interest plus profit how do they get so much return?

what do you mean "how do they get" ? they are mining and it is profitable specially when you are in a country where there is no problem of POWER..
and they pay you not more than 60% of what you deserve.

Then why is everyone say cloudmininig is scam.I don't see any scam in mining

Topic: Why not invest instead of cloudmining?? - page 4. (Read 4568 times)