Bitcoin Forum

HI guys ^^
what do u think is the best site for cloud mining which i can also buy mhs not only ths or ghs
i want to start cloud mining cuz i think it's pretty good so i want to take ur advice

In beginner there is 23 page topic just on this - https://bitcointalk.org/index.php?topic=852857.0

Be careful as there are many ponzi and bad investments.  I highly suggest you research any investment especially cloud mining.  But do your own ROI math and research.  That way if you lose money it was at least do to your own decisions.

Any site that will sell you a deal that small is a scam or will never roi.
Forget it.

What makes you think that cloud mining is pretty good? Legit cloud minings almost never ROI, other ones are ponzi schemes. It's almost impossible to make money from cloud mining.
You can use Genesis Mining or Hashnest, at least they are legit sites. BUT I don't recommend any cloud mining site for investment purposes.

The only way you can profit with buying could mining hashrate is by trading the gigahashes on the site market, but even that is not
as eazy as it may seam at first glance. In regards to solely utilizing hashrate to generate revenue - it's a no-go, since you will probably never roi.

There are many cloud mining websites around. Before you chose one, check your ROI estimation in either of the following calculators...

i. http://www.cloudmining.website/calculator.php

ii. https://alloscomp.com/bitcoin/calculator

Also read this thread https://bitcointalk.org/index.php?topic=878387.msg9697654#msg9697654 (https://bitcointalk.org/index.php?topic=878387.msg9697654#msg9697654) Cloudmining 101 Criteria to help you spot a cloud mining scam/ponzi.

There were so many cloud mining website time to time on this forum . i don't think they are profitable to invest maybe i  am wrong as i didn't invest any of them. But whats the important part of this sites they turned into a scam site maybe they goes well for few months so if you invest a good amount of Btc. it will be -Ev for you . So its quite better to stay out from this kind of sites. As you're investing coins the best invest option of btc as far as i learnt is hold then at good rate.

Cloudmining is very risky as companies can easily run away with your funds or run a ponzi, showing no proof of mining. Even with lots of reputation, they can still be a scam, for example AMHash. In most cases, cloudmining would result in a high possibility loss and a low possibility of profit due to the high maintenance fees. However, some good cloudmining companies are hashnest and bitx.

I agree. But even with good cloudmining companies such as hashnest and bitx there is no guarantee that you will make profit. Only invest what you can afford to lose. Right now due to high maintenance fees the possibility to loss is very high.

The Most Important Rule of Investing: Never Make an Investment if You Couldn't Afford a Total Loss

I personally like HashFlare.io. They making they own equipment and can always call them if nessesery.

If you chose to join as me for referral link  ;)

I'd recommend www.cloudmining.website, though you wont be able to buy Mhs there. They only sell Ghs & Ths and into the business for last 10 months (refer payment history: www.cloudmining.website/payments.php). Moreover, a third party cloud mining monitor has reported to have ROI with them within ~114 days...

http://www.anony.ws/i/2015/03/02/cmmonitor1.png

You may try them with little and increase your investment only when you are satisfied.

I wouldn't put too much trust in these third-party cloud mining monitors :)

They are always the ones to get paid first, regardless of other users, to keep up the illusion of a paying service.

HYIP's operate in the same way.

I don't trust the opinion of people that promote a service by posting and at the same time participate in its signature campaign or advertise promo codes. Their opinion involves personal profit so I don't think it is honest and unbiased.
I don't mean that signature campaigners are bad guys but that they have personal interest promoting a service motivated by profit. A lot of ponzis employee these methods and I think many signature campaigners help them without knowing it.

EDIT: bad guys are the ponzi owners that create fake accounts and post to promote their scam with positive reviews as customers...

if u must   , go with hashnest.  u gotta know when to buy em and when not to.  just jumping in the market thinking ur gonna roll is a recipe for diasaster . its actually  a shitty time to mine  right now.

Nah man, that's the most important rule of gambling.

Investing requires much more restraint and discipline and risk control.

I have read many threads here and cloud mining is not recommended to grow your bitcoins, but prepare to lose that investment anytime.GL

I would go for Hashnest. 100% legit and you can not only buy but also sell your hash if you decide to do so.

I don't personally think that cloud mining is the best of the investments available out there at the moment. I mean, there's tons of opportunities out there waiting for you but you invest in a cloud mining site that has a 90% probability of being a ponzi? I don't see the need to take the risk for such small returns.

But if you really want to look into it I suggest avoiding ZeusHash and other dodgy websites at all costs, and I'm pretty sure that Genesis-Mining is a legitimate site.

Check out https://www.eobot.com (https://www.eobot.com/user/300972) for sure. Seems like its exactly what you're looking for!
You can use your GH/s you buy to mine MORE GH/s! It's very neat. Comes in 24 hour and 5 year rental agreements.
Has a daily faucet as well as multiple currency types you can mine... Buy GH/s and mine DOGE? Sure!

Most of cloud mining users that offer this service have negative trust and you should know why, but there are only few that are alive and paying but the ROI can takes years.

What about Genesis Mining offering the 11x hashrate package?

Any truth or validity to it?

Everything I've read says that cloud mining is too risky and regular mining is a think of the past...a thing for "big business" so to speak.

WTF was I doing in 2010???!!!

Generally it is one of the best-performing cloud mining,
The only thing that i don't like is that they contracts are "forever" . I mean, they don't have market where it be possible to sell power and sign off.

I would not recommend eobot.. I tried it with a few bucks and it's impossible to roi, in about half a year it's not even a 33% roi. Will never break even... They might not be a ponzi, but definitely not worth it and hardly mining with all the funds they collect. Most likely a fractional reserve mining in my view.

There is only one 100% trustable cloudmining company out there. It's Bitmain's cloud mining services Hasnest.com

Since I started mining I've always bought my hardware from Bitmain. When they opened their mining services I was one of the first to start using it. You can easily get some profit out of the platform because you can trade you ghs at the same time they are mining.

So you are talking about profits! How much can you exactly get monthly if you invest let's say 2 BTCs into some contracts? I know that Hashnest is the legit service and all, and I have tried it a while ago, but when I saw how much time I will need to ROI, I have just gave up on it!

Cheers!

If you never ROI you are doing it wrong.. Eobot is a tool that you can easily make money with in less than a year if you play the markets right. You can mine coins when they are low and sell them when they peak and make easy ROI.

If you buy straight up GH/S wait for price drops and just set it to mine BTC and ROI in around a year and then mine an additional 4 years in profit basically.

I don't remember exactly how much time can get to ROI there, but problem is when you buy power and price is going down. You can earn there when you buy GHS in first days of releasing new miner. Then mining 2-3-4 months and selling with little loss on price. But if wait to long with selling, information about releasing new miner is killing price and you are losing. Thats all trick.