Bitcoin Forum

Is there any high trusted cloudmining service that not will end up in a scam?

Most likely it's https://cex.io/cloud-mining ? I never tried it but I know it's exists from long long time . (both cloud mining and exchange business)
You shouldn't trust any company randomly or you will end up either losing your money or getting hacked (if you use same password) and CloudMinr.io is a prove of that .

dont invest all your money any cloud sites. There is always a chance to lose your money in them

Is the cloudmining working again? A few months ago i bought ghs there but btc price was to low to be profitable so it was turned off.

That was announced in January As far as I know , and I was searching little bit and I found this on May 27 : https://support.cex.io/hc/en-us/articles/204138206 So it's should be available once again .

mhh, not according to him: http://imgur.com/sF5gNl0 (http://imgur.com/sF5gNl0)

The ROI for cloud mining is so low! I cannot understand you guys still bother to invest in it!

U mean it is very high, if it was low, everyone would do it...

as far as i've seen on the foruns, no cloudmining is trustworthy...

If I were you I wouldn't invest in some cloud mining. I'd rather invest on something like a project on a good joint venture rather than entrusting these clowns with my money. But hey that's just me. I really can't recommend you any as I don't want you to harm your money.

If you look for legit cloudmining company rightnow, maybe you can try bit-x and genesis-mining. But i don't recommend to use cloudmining service. Cloudmining make you wasted you time and wait for very long time ROI without know when you will get back your bitcoin.

First thing, be careful because there are so many scam cloud mining company!
Cloud mining is not profitable anymore in my opinion, because they charge you high maintenance fee and bitcoin difficulty increasing will reduce your profit from cloud mining.

even some of them may be legit (real HW based) cloud mining site, you will never ever make any profit with them.

Interested in bitcoin? buy them locally/on exchange and store them in paper wallets. never invest to anything, what contain words like preorder and cloud in bitcoin world.

bit-x and hashnest are legit, until now there isn't a single user that had a bad experience with them, but this does not mean that they are profitable, which is their main issue

they are sitll the last reserve if you want to mine and have high electricity costs

I agree that Bit-X and Hashnest are your best choices. My experience is that prices at Hashnest are better. You should think twice before buying hosted mining from any provider that does not have their own market so you can exit any time you like.

Services like Genesis Mining are legitimate but there is no way for you to sell your hash. Not to mention prices are higher than Hashnest. If you only have $50 in bitcoin to invest into cloud mining you can open an account at Hashnest, deposit your bitcoin and buy UMISOO hashing power today on the Hashnest internal market. Right now you can buy 122 GH/s UMISOO hashing power for 0.0404 btc or about 11 USD.

https://bitcoinnewsmagazine.com/wp-content/uploads/2015/08/screenshot-www-hashnest-com-2015-08-02-15-16-20.png

Even if you ignore the scam sites 90% of legit cloud mining is so expensive you will never ROI. if you can get it cheep enough then you can ROI but only just and anything you gain after it is mostly dust.

i believe that bit x is legit but you should use it at your own risk also theres no point in using cloud mining services as difficulty is increasing rapidly and it will soon be unprofitable

I used to trust Cloud Mining  business in the past but it turned out that lion's share of it was actually shady and not transparent enough to be trusted in the long run.
Services like cloudminr.io, PBmining.com, Cryptomine.io or ltcgear turned out to be ponzi. If you really want to invest there are some companies which could be legit:
pow88.com, Bit-x.com, Megamine.com...

Cloud mining is a joke.  These company's can't make enough just mining for themselves so they get some shmuck to pay them to use their machines and make more then they would mining.

yep, anyone even thinking about investing in cloud mining should read this.  I don't even need a thread to tell me that cloud mining, even when legit is rarely profitable.  common sense folks. 

My recommendation is take BTC instead of buying hashing power buy the coin right now while it's low. Don't spend the money on a "contract" that is meaningless and could be worthless the next day.