Bitcoin Forum

Do you think HIYIP AND MINING it the same :o
if you think it's the same, what similarities ???
And if you think it's different, what's the difference ???




And lastly, What do you do if a site HIYIP and MINING
suddenly SCAM ??? ??? ??? ??? ???

Yes, the cloud minings were and are like HYIPs.  :)

Real mining is simply a waste of money without special equipment. HYIP (including HYIPs that claim they are mining) are simply a scammish way to lose money.

If they suddenly become a scam, I'd try to get it back, but then ultimately learn the lesson and move on. Don't involve yourself in these ways of losing money.

Isn't the same, but its easy to loose money on both. In the Hyip side, you will find lots of ponzis to stole your money. On mining you can buy a miner (and loose money if you don't have a very cheap electricity price) or investing on cloud mining ( normaly ponzis where you can loose your money too.

HYIP = High-Yield Investment Program. legit cloud mining sites (I don't know about now but they exist once upon a time.) are not HYIP. fake cloud mining sites (ponzi) can be described as HYIP.

in case you're not talking about cloud mining: bitcoin mining are not HYIP.

Both wonderful and very efficient ways to set your money on fire. Get drunk, close your eyes and take your pick. Or even do both if you're feeling super wanton.

HYIP's are just plain scam websites. They lure in gullible investors with flashy promises of very high interest rates for a very short amount of time but these programs operate on the money deposited by the first investors and they may pay some profits in the beginning to appear legtimate but after a while the owners can just close shop and run with everyone's money and you can't do a thing to get your cash back. If you meant mining as in cloud mining well these websites are not outright scam but their advertised expected profits are way off if you consider the increasing difficulty and their maintenance fees. You will be lucky to break even and make a small profit off your initial investment. I think you have the highest chance to make a profit by buying some graphics cards yourself and mine some alt coin when it's on the pump then sell everything before the bubble bursts and you have made a pretty nice chunk of money  ;)

My experience, you lose money till the end.
With mining, you learn something, something useful. With HYIP, you left with regrets.

Sounds like you enjoy losing money.

I don't think that HIYIP AND MINING are the same.
 HIYIP is more like cloud mining.
When you invest in cloud mining you are taking the same risk as if you were investing on a HIYIP. On the other hand if you have your own hardware working in your own instalations you will take a reduced risk and the opportunity to ROI.

Just because there are scam sites that prey on naive investors there is no reason to assume that scamming, HYIPs and mining are all the same. Although the proportion of scams is immense, there can be HYIPs that are legit and just come with a high amount of risk. There have been many cloudmining-HYIPs that turned out to be scams, which is sad but not surprising if one considers the facts related to mining appropriately.

Mining exists not only within cloudmining scams. If desired, everybody can start his/her own 100% legit mining operation. However the question is if it will be profitable. Generating profit from mining is more difficult than in the past and nowadays there are mostly professional big operations with an optimized cost structure (cheap electricity among other things).

ya.ya.yo!

Mining is much profitable than hyip.. most hyip are scam so better to stay away on hyip sites..
Mining is for long term profit.. and hyip turning  into sccam after  24 hours

I would not choose both. both strong potential as a SCAM. I suggest you to make trades to get bitcoin. I remind you that the HYIP and cloud MINING is a scam.

Look at now, Some mining site adopts HYIP become their system. HYIP and Mining it's does not have a different for now. Mining wants to try to get a more profit from adopting HYIP system.

You can't even compare ponzi scheme scams(cause this is what hyips are) with mining process these are two totally different things.
Stay away from hyips and if you are able to start mining go for it.Also keep in mind that most of the so called cloud mining sites are ponzis scams aswell.

I still believe in the old saying, "if it is too good be true, then it is not true". I always see to it that whenever there's an offer that says they can give this amount back in a short period of time, I turn it down quickly. The sad thing is we always hear stories of people being scammed over and over. It is the greed for quick returns that blind people so easily.

99% cloud mining use ponzi scheme, i think "cloudmining and ponzi " it's same.

HYIP is always a money making scheme for the schemers who created them.

Cloudmining however good the intention to make money for its clients usually fail.  Rising difficulty, the halving, equipment wear and tear and obsolescence are the odds the cloudminers must get over.

Stay away from both.  I tried Cloudhashing back in the day.  Guess what, no profit.

IMO, no doubt that cloud mining is HYIP too so there is no difference between them  but some cloud mining might legit too; hastnest for example.
seem you dont know what hyip mean I think better title is "Ponzi VS Cloud mining" both is hyip

all HYIP is turning into scam , mining is better than hyip but other mining sites turn to scam better you should do some research in the site you invest before you invest some bitcoins.

In general, stay away from HYIP. For cloudmining, invest in the bigger mining farms.

You please make a clear thread, what do you mean from mining? because we know there are two kinds of mining cloudmining and hardmining. but here I assume cloud mining, if wrong please let me know.
HYIP and CLOUDMINING i think it same, because when we are mining the result will be fewer hardware while with cloudmining will be faster return on investment. so we assume cloudming is an investment as well as HYIP.
Thank you

I think HYIP and cloud mining is the same thing. But not the other forms of mining. The hyip market is down from quite some time now and the scammers are basically venturing in to cloud mining. The investment is also less and the return they have to pay to the investors, is also less compared to the crazy interest rate they used to give to the hyip investors.

But other forms of mining, are not hyip. It doesn't offer you a very high yield.

they isnt the same. HYIP has a short time to gain your Return of invest, but many hyips now is scam. They are lasting only 2-6 days, Mining has a long Return of invest around 3-12 months, but they have a less risk of scam,

the bitcoins that hyip pays to you is from the other persons that they scam like doubler too they paying other people but the money is from the persons they scammed.

HYIP are designed to attract your attention by offering you unrealistic profit estimations and very high interest rates which are backed up by no actual business plan and these operations rely on the constant flow of people's money in order to pay out anything to the early investors. The late investors usually don't get anything because the stream of new capital flowing in could dry up at any time and the owners will eventually stop paying out dividends rendering the website a scam. It's not worth your time and money and I suggest staying away from these schemes.

Mining on the other hand could be profitable if you are doing it yourself because you could factor in the different variables like electricity costs, rising difficulty and the price of new and old hardware and maybe squeeze in a profit unlike cloud mining where you have a fixed price for a couple of months and you can't adjust anything regarding the hashing power you receive and your expected profit just depends on how much luck you will have in the long run.

one is 100% scam the other may be legit, but roi is impossible, so in the end in both you will lose money

I know a miner who is mining since two years now and still gets his 900$ profit per month. He has a solar powered farm which he updates constantly. Only today he is worried about the halving.

Not to say that with this price level he earns 40% more every month...

So what you said about HYIP is true, what is said about mining is untrue.

you are comparing apples and oranges here. HYIP is a scam and there is no argument about it but Mining is a business that you are investing and doing something (running mining equipment and mining blocks) to get paid. even if you are talking about cloudmining, it can be legit business and if it is scam then it can't be called mining it is ponzi.

Just take a look at the Service Discussion sector of this forum to see how popular this HYIPS-disguised as cloud minings are, they are collapsing one after another nowadays, and 100% of them are scam.
Cloud mining, there is only one legit Hashnest as it is supported by Bitmain creator of antminers but you will never make ROI with them because of difficulty increase and electricity maintenance fee, so in the end you will lose money here too.

If you want to invest money , both will make you lose money. So far the only profitable way to mine is buying yourself a nice rig with very nice GPU, latest ATI GPU to mine ethereum , you will come in profit if you have cheap electricity in your country.

Naturally HYIPs and cloudy Mining is a scam.
In my opinion, the differences in them are the following:
HYIPs live 1-3 months. Cloud Mining live longer, even to the 2 years they have existed. Famous hashocean already like 1.5 years there.

Reviews of HYIP and mining can be viewed here (use Google translator):
-HYIP https://bitmakler.com/investmentfund
-Cloud Mining https://bitmakler.com/cloudmining

Well i also think there is no difference between HYIP and cloud mining at the moment both are doing same job just stealing money from people to make them dream of big profit so quickly, that is why i am also quite hyip and cloud mining are just way to scam people easily at the moment.

Well for my opinion hyip and mining is still the same.I can give as similiraties are the risk of putting money on them.We all know that  hyip's are form of ponzi scemes and for short term profit only.While mining are somewhat scam also but it is for long term profi and duration.Mining and hyip are both have the same risk level because anytime mining server and hyip head may run and scam people

For me, they are just almost the same.
HYIP pays high, but has higher risks.
Legit mining pays low. But as I said, it's legit.  :)

It's just basically like gambling.
The higher the income, the higher the risk. And vice versa.

How 'bout Bitcoin HYIP? http://www.top10hyip.net/qatarinvest.html This one has to be legit since it gleaned, then cropped an image sourced form elsewhere. HAHAHA

http://www.qatarbitcoin.net/oil.jpg

Compare: http://www.petroturk.com/HaberGoster.aspx?id=7664&haber=Besiktas-tersanesinde-3-dev-platform-uretilecek

If you're talking about cloud mining, then yes. Most of those are just ponzi schemes that are bound to collapse. They're like a toned down version of HYIP sites, and disguised in a new way.

However, if you're talking about physical mining, then no. You're pooling and earning legit money.

That's true this is also what comes to my mind that cloud mining is just like hyip where they are just promising their investors big returns.
But the fact is they are just getting investors cent and after a while of collecting investors money they will just ran away and turn to scam.

Many mining sites, use HYIP system become their system and then mining site will not make a profit for their customer for now. just running for sometimes to make their victim are interested in it and turn to scammer site after this.

Basically dont invest in both if you dont want to risk your btc, maybe you can try trading or focus here in signature campaign. You can earn by not risking your bitcoin in that scam sites (not all cloud mining)

certainly more people will choose to invest in mining. hyip scam can be easily when they do not get new investors. different from those mines will continue to live even with the bit. but the problem now many ponzi which turned into mining sites. you should be able to distinguish it. between Ponzi and the original mining sites

both were scams especially for HYIP and mining currently very difficult to find the real cloud mining because most of them could not show to us the proof that they are the real cloud mining and both aren't profitable any longer and i would stay away from those investment

Neither of those would provide any profit for you. Stay away from them and find other ways to earn BTC. For example, join in a signature campaign to earn more BTC and try learning new skills (programming skills or anything in line with that).

I don't choose both of them , because mining this time like ponzi scheme.
Both HYIP and Mining will be ended to ponzi scheme and become scam later.
Many cloud mining site claim they have hardware mining , but didn't give a proof  ???

usually people find it difficult to determine the mining site is the site of a Ponzi/hyip or real mining?
so many people are having errors in investing their bitcoin in mining sites. it turns out they are investing in ponzi site or hyip :P Lol

better we build real mining rig then open real cloud mining service.

HYIP and MINING are very different things, the difference is if HYIP, you will got scammed in the end , and if MINING, i think you will be more "safe" than HYIP.
well, ussually before some sites turned to scam, theres a rumour about that sites, so make sure if you always update about site's news where you mining.

That is much more trusted than putting your money into cloud mining service, because cloud mining service is also like hyip that will just turn to be
a scam after you invested your money there even they will pay you in the first place but as the time goes by.
When they already accumulated their targeted amount of btc from their investors for sure they will just ran away.

HYIP is obviously a scam, All hyip are scam. even they were lasted long  soon they will be scam, Cloud mining has a less risk when you are investing, Few  cloud mining site are   closing now cause bitcoin halving is hitting next month

The fuck?

All these replies and nobody points out that the OP is ref-shilling for ponzi 'cloud mining' scam 'topmine.io' in his signature?

Mining? do you mean like cloud mining? If it yes, the it depends on the site/service itself. If the site is trusted, then it's not a HYIP. But if it just like a bad site that may scam you, then it's probably a HYIP.

Both of them its not recommended, most of the hyip is a scam but if you succeed in hyip you can earn faster than mining, Mining  becoming more and more difficult and the return of investment is slow

Well, it's highly recommended that you stay away from either of the two because of these reasons:
HYIP
- fast ROI but very high risk of scam

Mining
- slow ROI, big capital but no risk of scam

It's up to you if you want to invest in either but you have been warned. Don't go crying on the forum if you're scammed on hyip's.

If you compare between cloud mining site exit in the internet with hyip  than i will say yes definately they work on simple principle that they survive till they can attract new investors every day. You can take cldmine as an example which shutdown few days ago. Its better to say hyip and cloud mining both are risky to invest.

Very good catch, I just actually checked the op now that I have seen your post, he is actually shilling for the next in line to fall ponzi. At first I thought those little letters were some exchange site as usually the exchanger keep this kind of signature for them to promote their service. Anyway congrats on doing a great job as always fighting the scammers (cloud minings and alike).

No they are not same, maybe you seen they are same because many cloud mining services collapse it's because they are not real mining company. they are hyip company but guise of cloud mining.

what the actual characteristics of the mining site is hyip or ponzi masquerading as mining? because many mining sites are scam? everyone wants to invest in mining sites are legit that real mining. but they do not know which sites are legit? do you know mining sites are legit?

all HYIP is turning into scam mining is better than hyip but other mining sites tUrn to scam better you should do some research in the site you invest before you invest some bitcoins.

But in general it is very cloudy issue. The thing is that the price of these GHs constantly falling, it's all due to the increase in network complexity. And about a year return. Those. you say 1 invested in mining bitcoin, a year later, he only pays off. As a result, you are left with your bitcoin and yet you have gigahash, but they are so worthless that you have to sell them will be able to just pennies. So it turns out that profit is not, you are left with their own, but have lost a whole year. Something like that.

Plus, some of these sites may be common scamers, because no one can check whether they have it or not power, or is it just the usual pyramid. 

Usual pyramid removed depositors' money and disappeared.

I think though the way it has a big risk but many people are going to take a method that provides benefits and ROI quickly. so that's why hyip more preferable than mine?
may be similar to a ponzi mining.many people who like mining Ponzi. because ROI faster than usual mining

I think what he meant was cloud mining sites. They are pretty much HYIP sites in disguise. They say that they are cloud mining specialists when they don't have a mining operation at all.

A classic example would be hashie.co or pbmining.

There's a small number of exceptions. However, in all cases they will be able to sign a message from an address that received a lot of coinbase transactions (generated coins), and/or have their site name as part of the coinbase freeform data.

Yes basically it.

For example this site scam

http://i68.tinypic.com/hu4nfc.png

They returned only 35% of the investment that people deposited, I did investigations, I found that only returned money from people who deposited more than $ 5,000.

Most cloud mining sites are HYIP disguised.

http://i68.tinypic.com/10qmjwn.png

I think mining is also have a risk? I'm not sure that the mining site will always be alive? they would stop or collapse?
there are times when all users will achieve ROI ? and how the site was to make profits if all users has been ROI? I think they're going to be a scam

HYIP = SCAM. period.
Cloudmining though I haven't tried a lot of them but 4 or 5 and 3 of them are still no pay as I putted so small amounts that it takes at least
3 months to reach minimum withdraw limit :D and 2 of them paid, hashnest (BITMAIN) however the fee and payout percentage changes
By the minutes but you can ROI there no doubt, and other one is hash ocean where I have 5 family member as my referrals and each
Putted $15 and so far payments are coming when reaching 0.005B. but hey don't say that I'm promoting them because I don't know what happens if I put $20,000 in one account, how ever to this date no one is claiming to lose money to them. but cloud mining is not scam in nature.

i think we must stop invest at cloudmining and start mining with real hardware

yeah, when you give someone to control your money, its always ending with scam 

They are two different things all together

HYIP and Mining is different, for example hashnest is cloudmining but it isn't scam, it's legal and there are also some websites, that call themeselfs mining, but in real they are HYIP. You have to analyze what is HYIP and what real cloud mining.

Inv.890m.com make double btc

another scammer, It came advertise for your site!

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi65.tinypic.com%2Fi43bj9.jpg&t=565&c=t-U2MtmFl1t8-Q

That's right, cloud mining are also hyip that scams people. So you better stop investing there and never to re-invest your money there.
And starting for a real mining with real hardware is really a good thing but I think mining difficulty will increase.
If the halving happens.

Theres a huge difference between legit mining with actual hardware in your hands vs cloud.

But if you choose cloud mining youre putting full trust with the operator to do the right thing to pay you out - which most cases peoples greed to take over which ends up looking like a hyip.

Lol you dont have to compare the HYIP and Mining i dont know if its a cloud mining services but it would go to scam also . So if you have a doubt and not sure if you really want to invest or not then do not go for it because at the end of the day you could be also a victim .

Mining is much better than cloud mining and hyip. Both all of them needs investment so it is better to invest in the real investment which mining and the hard ware that you need to buy is not just you can use for mining but it will depend on how you are going to use. Rather than invest
in cloud mining and hyip that are sure scams.

If you're not buying electricity at bulk price rates mining really may not be worth it depending on your cost and efficiency.

lmao . i think there is no difference between HYIP and Mining they are same going to scam at the end and some people are expecting that mining can give them a stable income .

yeah there is no difference between hyip and mining it depends on the site if they want to become a scam, if you want to earn with that try to withdraw it fast.

lmao i dont think theres a websites that will last and will not going and become a scam it is still better to stay away from them they are a big mistakes in this world of crypto  ;D ;D

i choose real mining but very dificult hunting site is true real mining
but mining only hyip low profit, i think hyip high profit is better than bes is compare mining hyip
iam lost much money and bitcoin is wrong invest if i think real mining truely only hyip
lost money is bigger is hashprofit and hashocean

that's a good idea , having your own mining is the best but it has a high energy consumption so it will give you a high electricity bill but it is much better that those fake cloud mining .

i think those two should not be compared right now , because we also see that there's no legit and trusted cloud mining services out there the very good example is the hashocean .

is real mining iam choise mining but

HYIP vs cloud mining hyip, i choise high profit
return profit hingh is iam choise

Real mining needs also investment just like those hyip and cloud mining scams. But it is better to invest for real investment and get real profit.
Rather than investment to those scam sites that you don't have assurance once they have already collected a lot of money from the people.

The two are poles apart but they still reach each other.
HYIP is a high yield investment that can use your money to trade anything that can bring super returns in a shortest time e.g forex trading, binary options, cloud mining etc
Mining is also in two parts real life mining with your own equipments and cloud mining, real mining might not be highly profitable immediately due to the demand and supply of the coin in question but cloud mining promised some certain returns on your investment when you buy a particular number(s) of hahrates thereby the risk could be higher.
Whenever you are scammed by either simply remember that you are not suppose to do it in the first instance.

There, FIFY.

Actually all hyip and mining is going to be scam for me mining sites and hyip is same . If you want to invest in this kind of investment you need to be prepared there is chance it will run your money easily. So don't invest what you can afford to lose.

lol people are getting so greedy because of those hyip or mining because they want to increase their payout and that's the reason there will be so many people that are became a victims even we always warn them to not invest what they can't afford to lose .

mining is better if it is real, not front page cover and some smart words.
But hyip bring in more profit in short term

did you mean real mining or cloud mining

the similarities of those is they will gonna f*cking scam you