Bitcoin Forum

Hello guys,

I'm beginner at cloudmining, so I started by investing 5$ in Eobot and started mining some altcoins and here is the result:
https://i.imgur.com/NqzfKOF.png

What am i doing wrong? Help pls.

What you're doing wrong is (cloud)mining coins that don't give you any profit. Having low hashrate and high (electric) fees also don't help.

Try running some simulations on coinwarz or a similar website and see what coins are better for mining.

PS: cloudmining fees will most likely drain any possible profits...

easy answer. cloudmining. that is what you are doing wrong.
so far nobody could explain to me why i should sell my hashpower for a loss.
because that is what i would be doing if a ran a cloumining service where my customers would make more than they pay for.

Yearly rate is hardly half of your intial investment so it may take more than 2 years for you to recover your initial 5$ and probably eobot turn out to be scam after few months or before you recover your investment as cloud mining is risky and they work just like hyip.

so How can i earn from Cryptocurrencies ??

and all cloud mining sites won't give me any profit?  ??? ???

As far as experience tells from reading on the forums, almost none or no cloudmining service will give you profit, or will cease their activities before reaching profit (and some aren't even mining anything and are just ponzis) so cloudmining is generally a bad choice.

You can earn crypto by working and making tasks online or actively trading in exchanges.

Guys couldmining sites are scam,poznis you name it! your only chance to enter early or else its gonna collapse before you make ROI, plus the 60GH/s it just not worth it! to low
just trade or if you have cheap electricity you can get some gpus or a mining rig but you gonna need more than 5000$ for something serious..
last solution is to get 1-2 gpu and start mining for hobby and little profit

EObot before is instantly receive your roi and deposit right now they are change and looks like they are turning into scam.. better to dont expect more in that site better to save your balance for now if you have a time to recover your deposit there better to wait it..
Because sooner or later that site will be turn into scam beware.

then i should forget about this 5$  :-\

I've another 5$ in my wallet what can i do to earn from it?? what about trading in cryptocurrencies and what's the best site to do that?

thank you guys

nowdays investing into any cloudminibg site means donating your money to them.no there is no chance you will get your money just pray you can take some prtion of your investment back

Honestly that site scam.. no investment and cloud mining is trusted almost are scam.
Like other site.. so stay away..
Better to go in trading instead.

Can you advice me where i can start trading and what are the trusted sites?

and can i start with only 5$?

Thank you

I invested $10 on Eobot last 2014 and guess what? The amount of earnings I made by mining alts is still less than $5. I honestly don't believe in cloud mining sites and I prefer gambling or trading to produce more bitcoins. What's wrong is that you threw your money on an investment that would never, ever see even a slight profit.

You do not earn from Cryptocurrencies. The very concept of deflationary cryptocurrencies like Bitcoin counteracts earning interest on money. However you might be rewarded by an increase in purchasing power by holding Bitcoin. The simple truth is that you have to do work or offer something of value to obtain your coins. Mining involves work as well.

Most cloud mining sites are either scam or do not lead to a significantly greater amount of coins than would buying the coins directly. So I can only advise to stay away from cloud mining.

To get coins, do some work or offer services or goods to the community. Then hold on to your Bitcoin. That's much safer and less stressful than wasting your funds on the countless scam sites.

ya.ya.yo!

You re mining wrong algo.

Bitcoin mining s not gonna work anymore, however, there are other options, like scrypt or ETH.

Read this:

https://bitcointalk.org/index.php?topic=1579210.0

Something curious about those eobot, is before the halving the speculation to roi were around 6 months waiting, soo with the halving it should had gone to 1 year and not 2 years, the real meaning is they are in profit and will walk away with your investement.
https://www.eobot.com/audit

apart from the fact that cloud mining never has or will be profitable, not only are you paying admin/lease/and other profits to the company running it.. but here is the other bad news .. those "estimated" numbers are also fake.. they do not account for difficulty changes or anything else
i know its an altcoin and your hoping (falsely) to get $2.87 in a year.. but you wont
for instance pretend it was bitcoin instead of dollars and the altcoins difficulty adjustment changed every 2 weeks, like bitcoin..
your earnings will drop by 5%-10% every fortnight

so that 0.00784320 x 14 days= 0.1098048
at 5% difficulty adjustment
0.105 the following fortnight.
0.10 the following fortnight.
0.95 the following fortnight.
0.905 the following fortnight.
0.86 the following fortnight.

or at 10% difficulty adjustment
equals 0.1
equals 0.9
equals 0.81
equals 0.73
equals 0.66

but that image of projections does not account for any adjustments of any kind.
they just done false crappy math of hourly*24*30.5 days*12 months

so im sorry but you wont even get $2 back

lastly, i just googled "eobot scam" and sorry but many people are finding issues.. (besides the obvious advertisers hyping it with fake info)
atleast you only invested $5

as far as I know, eobot is really long long time investment aka cloud mining, they different than others. other cloud mining other offer ROI in 3-6 months, but eobot offer ROI in 8-12 months, and they give 1 % profit from referral. i think eobot is the longest cloud mining that still online depending the others.

I cant complain my small investements went into a bet sport, i had withdraw from here 1500 doge, i were getting the 20% from investment, now as the op my roi will only happen if the coin im collecting gets 4xthe current value otherwise i dont know how long eobot will stand. Atleast they are monetizing the traffic with google.

You should can forget about your $5, because on Investment always there are risk who be taken by you. And always make Investment with you can lost them. If you wanna trade with $5 capital you can try trading altcoins and it is high risk too, so becareful make sure do it with you can lost it.

Forget about $5 in your wallet because it's very small and nothing means. but let's provide another way for you and keep your dollar in your wallet. i want to hear, you have a skill, right?

whats wrong is you're doing cloud mining that doesn't give you any profit, as far as i know eobot is a ponzi site.

I read some about Altcoins trading and started with 1 dollar in c-cex.com
I think i'll take my chances there :D

thank you guys

Good luck man!
I've got some small amount of BTC in my wallet from my signature campaign and I'm going to start to do some trading.
Will be fun even if I don't make any money. Be sure to post if you get some hot tips about the next coin that is going up in value.  ;D

Take the rest of your money, and go to a shop and buy the sweets you like the most. Eat the candy and enjoy the experience. Now you had the best value for your money. It's as simple as that, because I can say from experience that you would be giving your money away to these cloud mining sites and they will go out, spend your money on the things they like. Is this investment advice? Nope - Is this a life lesson - Yes, because we are wasting money on cloud mining, where we should waste it on things we love. ^hmmmm^

simple: eobot is just a pure scam after so many changing rules now they blocked my access to my account due to sanctions.
I mean those sons of b***** just taking my money, bitcoin hassle free from regulations and influence of governments around the world was the reason for me to engage and get involved, but now they say they have to follow usa rules?

oh nice

Its not wise to buy GHS3.0 when if you read their chat there everyone is waiting for the Ant miners S9 to be installed and then will be available like GHS4.0 , with that you have a bit of more higher chances but eobot is still a scam. A scam in the sense that every day the difficulty of mining bitcoin goes up and the price of GHS4.0 go down so your daily profit will come lower and lower with the passing days. Cloud mining is from long not profitable. Save that other 5 USD in your wallet, in this moment its the best.