Bitcoin Forum

Is there any genuine cloud mining company that allows atleast a genuine cloud mining with atleast medium profitable compare to investment. As my computer is low configuration to mining, and i can't buy the gpu devices for mining i am looking for cloud mining. So, some body please help me by suggesting that a genuine cloud mining company.

Maybe now the safest cloud mining is genesis-mining. Until now, it's still a legit cloud mining company but it needs about a year until you get ROI ( depend on difficulty ). Although it's still a legit cloud mining, invest only what you can afford to lose. :D

try cex.io ...... I know it's the only genuine cloud mining company ...... others all are basically ponzi schemes  ???

Cex.io stopped mining a few months ago, since prices are down. Did they start again, recently?

no they didn't.

to OP
no I don't think there's any genuine cloud mining company. but we'll never know that for sure until we get scammed.

genesis mining seem like bitcoin cloudservice scheme

i m recomended u to invest at hashnet :) trusted and low profit,,,

I disagree with you guys saying there are no legit cloud mining companies.  There are a few of them for sure, but here is a good place to check (https://bitcointalk.org/index.php?topic=878387.msg9697654#msg9697654).  Puppet does a really good job of breaking it down, and he appears to be pretty accurate at predicting which services will end up as ponzis.

That being said there are always risks with cloud mining.  Network difficulty is a big one, but also massive hardware, or electrical grid failures, bad luck, or any number of things can go wrong.

still they are far away from being even remotely profitable, their fees is tremendous

genuine cloud i know are only bit-x and hashnest

what's about eobot ?

No dude unfortunately there is not trusted genuine cloud mining company ... All of them are ponzis or scam site ... And never ever invest in pbminig .

I've been using bit-x for a while now, they're good because you have a 0% trade fee ATM + you can invest small amounts... Their ROI is a bit on the high side, but they seem really trustworthy to me, so i use them anyways  :)

about that.. I just saw hashnet and hashnets when on google.. are they the same company or what?

bit-x or cex are valid, problem is, that even they are legit, you will never ROI. If you want to have some BTC, just buy them directly instead of this "cloud mining" ideas..

I wouldn't trust on that... It's hashneSt, carefull not to invest your BTC in the wrong company  ;)

Don't even bother about eobot

Don't know about cex, but with bit-x you can always sell your GHS after a while, so you can recuperate your initial buy-in. If you buy them low, sell them high, and get some BTC as long as you own them, you can make a nice profit  ;)

As Xialla said you make a higher ROI buying Bitcoins from the market than with cloud mining, that said hash is stable at present so if your not into buying coins a reasonable alternative could be a bitcoin miner given time and present difficulty patterns.

don't click on the ann thing on google when you search, there were cases of pishing website

the real one isn't the first, better  to bookmark their webpage


yeah their new promotion with zero fee until september is great, should encourage more users to join their train

i was planning to invest, but the roi is too long with the current diff

Though you are well versed with the knowledge of configurations required for mining, I would appreciate if you let us know your computer configuration here, so that you can get proper suggestions, by the way, are you using windows OS, if yes, then changed it to GNU Linux, Puppy Linux version can even able to work in RAM Memory, here no need to mention, how worth to use GNU Linux if you have average disk storage space, so my suggestion is that you can try GNU Linux with your choices of Distros.

yes I know, point is, that with direct buy-in from exchange at low and sell at high you will make even more and with much lower risk.

I have been tapping with cloud mining over a year now and for me personaly there is only 2 cloud minings that are left that I use and I'm ok with.

First is Hashnest
Second is Hashflare

Both are also equipment manufactor's.

Want sign up for Hashflare then ref link is in signature.

AFAIK hashnest is legit cloud mining recently. Also you can check this out for cloud mining review: https://bitcointalk.org/index.php?topic=878387.0

Whether it's legit / ponzi cloud mining, both of them are very risky
In ponzi cloud mining, they most likely would run before you get ROI
In legit cloud mining, it depends on bitcoin price & difficult which often change that made ROI very hard

Most of the cloud mining are either ponzi or a direct scam. There might still be some legit cloud mining host/sites (like bit-x) out there but it will take ages to get your ROI and start making profit. In the long run it's not worth it.

Cloud mining is always associated with risk. Better to buy some bitcoins and try selling them for profit.

Usually "probably trustable" cloud mining company operate based on bitcoin value.
If bitcoin price keep stable, then they will keep paying. But if suddenly bitcoin crash down, it means you loss. As you know bitcoin price is fragile.

A cloud mining company will become scam/ponzi in some days. We will never know about it. If it won't become a scam cloud mining, it will close its service like cex.io. Maybe in one day we will see a second amhash >:(

Only invest into stuff you can control on your machine. This is why I like stake coins, you can store them on your PC and staking is much better and safer then mining.

Cloud is very risky and you will either lose your coins or will not reach ROI cause of diff growth.

That's right with stake coin we have a control.
But the risky is coin itself, they easy to dump to shitcoin.

the first thing you have to know before stake coin is to knowing about the coins!
and one more, Shitcoin is just waste your time.., !

Well most mining business go out of business or turn scam at some point of time but cloudminr.io 's been still paying.

I didnt say every coin s risk free. This is why I like DMD Diamond, 2 years on the market, not a SINGLE major dump and the price goes only up.

Stability and sustainability, this is what I like.

yeah, I love coin like that too...,
but most coin dev just dump and pump to take profit for themselves..
that's what I hate..! :(

Hashflare was new to me. Have Hashnet and Bit-x (and Zeus, got curious on their new VGHS, just praying they stay online for 30 more days...).

I wouldn't even bother cloud mining.. go get some staking coins and the low power use wallets left open produce more coins which is in itself a form of cloud mining profit on your own pc.

NET - Netcoin
HYP - Hyperstake
HBN - HoboNickels
CON - Paycon (don't confuse this with paycoin which is pure evil horseshit)
TEK - Tek
CLAM - Clams
DMD - Diamond

I suggest using Netcoin first if you are new to staking... you don't have to worry about block splitting etc for rewards. Just put all your coins in 1 address and get 4 stakes a day 1 each 6 hours. Best to buy 1-2Million NET so you get a nice reward each day. NET currently selling @ 350 satoshi each on cryptsy.

If you want a passive reward per day that beats wasting time with faucets get some consolidated mining shares on cryptsy they payout to your account each day. I bought mine when they were 420k satoshi each and they fluctuate in time between 400k and 500k sat. So you can sell them on highs and buy on lows. I have 850 shares which is around 4btc worth and I get approx. 400k satoshi a day to play with.

Better to hold the mining power in your hands than trust a cloud mining company. Too many going down the drain.

Everyone is talking to it's the best so far in terms of cloud mining,, because there are a lot of investors are working the deposit has achieve profit but do you already are stopped Cloud Mining in the recent period ???

This was the list i was looking for... Thanks  :)

True. This is why you need to avoid coins with premine, high stake rates and coins with unlimited supply. These open possibility for lots of pumps and dumps and this is exactly why I like DMD Diamond. It s got none of these.

And CAPS (bottlecaps) forgot that one

Thanks for the tip guys, just bought me some CLAM's, and maybe i'll buy some CAPS next week... I'm really new to staking, but it seems at least a bit profitable if you stake the right coins...

At the moment i'm staking XMG and CLAM's (at least, i bought some, the wallet is syncing ATM)

A friend of mine is in beta-testing of KnC Cloud (https://www.knccloud.com (https://www.knccloud.com)), and they are/will be legit when opening for public with their 16nm chips. But expensive.

NET is a good one... constant 6 hour stakes with built in wallet calculator so you can see stake approximation. You get 4 per day... no randomness and block size changing to compete... just good old fashion interest.

I'll look into it, sounds really nice, as long as it's an old and stable coin  :D

2 years old :). check bitcointalk for netcoin announcement to see

4 coins per day? at 300 satoshi per coin this is a insigniicant 1200 satoshi, you can do better with two hour of faucets...

there is no real good coin for minting, all their interest are very low, and their price against bitcoin is even lower

It's depends on the coin itself, so choose altcoin carefully when first time you want to stake, and the reward is depends on how much the investment.

Once upon a time it was a company (cointellect) paying good until one time stopped and scammed.

It is so ironic.

We have, like, 50 cloud mining sites out there who scams, and doing it pretty obviously with lousy service.

We have less then 5 totally legit cloud mining sites, which works excellent and that actually lets you make money.

The majority of people goes for the scam sites.

It's common greed... If you can make ROI in 60 days with scrypt.cc, and on bit-x it'll take you 250 days, chances are you're going to pick scrypt.cc out of greed  ;D

I actually had some KHS on scrypt.cc, left them about a week before their ponzi collapsed. I got my initial money back, but nothing more than that... I invested in bit-x now, and hopefully they'll keep existing...

Well, I told you to pay attention to DMD Diamond. The price went up over 100% in the last 24 hours and I think this is just the beginning.

the legit ones offer a terrible ROI - it's a no brainer for new people to go with the scams/ponzis

Bit-X is big company in cloudmining and we can trade GHS
also he use signature campaign to promote his service

very big cost in signature campaign, i hope bit-X not collapse :)

a signature campaign means nothing to be honest. look at cloudminr, 100% scam and they're still running a campaign here

ok but one should expect them to learn after they are ponzi'd 1-2-3 times, instead they keep trying to scam the scammers, but in the end they will end up losing everything as usual

it is just the desire to gamble with your money i think...

No you get 4 stakes per day.... So interest 4 times a day not 4 coins :P. How many coins you get interest depends on the wallets holdings. Under options on wallet click PIR calculator to see what you can expect to get per day (divide it by 4 for what each stake should get)

Hey,

Check CCG Mining company:

https://ccgmining.com/pricing-hash-rate-btc.php