Bitcoin Forum

I wanted to ask, what are the best sites are mining. I need referal !
Thank You.

If you are talking about cloud-mining, you can find a referal code in my signature for www.genesis-mining.com

I really don't know which cloud mining services could be considered as the best as I am not dealing with them and I do not want to suggest any cloud mining sites to you but since you seemed to be very interested to start using that kind of service, you can try those sites which many people are often talking about such as genesis-mining, Hashnest or whatsoever much better for you to read reviews about those sites before dealing with them or try to find any other ways instead of cloud mining .

They are almost scam better to stay away if you dont want to lose your money for nothing .If you are newbie useless that you are invest your bitcoin for nothing if you want to earn a good profit with your money i can say that holding bitcoin is a the best decision.. or try to learn trading since trading is a good source of profit right now most the altcoin are increasing these past few weeks ago.. and i think if you know how to trade you can make profit without risking your money in cloud mining..

No sites are in true sense with mining in some perspective, they only rent their computing servers and other resources. Most of the websites claiming to be mining bitcoins are actually a version of the ponzi schemes to fool us to pt our money at stake. Be careful and invest wisely.

I had experiences of investing for cloud mining with cex.io, they paid well for some periods of time and then announced stopping their mining process temporarily, yet I never got chances to reach ROI.

mining sites currently very rare. Because many users who do not want to use this service. Most services will only end up on a scam. so it is better to use your money for something else, something more to make money of course.

Genesis Mining would be the best one among all. They could provide you a decent amount of bitcoins but It is entirely dependent on the amount of Hash power you invest into it. I could say that you can break through in an every year's time and profit from their onwards. They are offering a lifetime Bitcoin mining contract with your one-time spend on it.

But looks you must think for a twice about your decision to invest in the cloud mining site. Genesis and hashflare, both are good sites as far as i know. A lot of the cloudmining sites gets die caused by the more people just realized as a way to waste their money.  8)

I am trying to get some feed back about this cloud mining some of the articles I've read mentioned that its like a scam that try get money from those who try to upgrade. But I have a friend that was able to received money from mining. The mining he mentioned to me was prominer, I also tried it you will not be able to withdraw money from it unless you get your coin atleast 0.005 I think it will take 5-6 days for you to be able to earn it.

I suggest you to not trust any of the cloud mining services out there that claims to give you very high return daily. There are few that looks legit but to get your investment back you might have to wait for years. Like in genesis mining, also your mining contract might expire when mining difficulty rise significantly.

Bullshit.  Genesis Mining is a super shady company.

Even worse, their two-year contracts will never reach ROI.  Your mining profits rely on the price rising constantly, because the difficulty takes a long time to catch up with the price when the Ether price rises 3000%, for example.

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Your choices (all of them poor) are:

-Hashnest
-Hashflare
-Genesis Mining.

If you want to see your coins again, don't do it.  And any site with a referral program offering >5% is a scam or will never reach ROI.

@Iranus ~ you're absolutely right, but the problem with people here is that they are blinded by their own greed, and are not able to see the risks that you and others are seeing.

People think that if after their investment in whatever cloud mining service they get their first payment, that it automatically means that it is a legit service. It's their twisted form of logic.

What are these people doing because of that, they are vouching for these shady services, with the direct result of more people getting victimized by these shady cloud mining services.

Op, cloud mining sites works like this:
1. You pay for 'contract' and mining company will buy additional equipment.
2. Over the time your contract you will receive your money.
3. Usually after your contract will end you will gain 5%-10% more than your initial investment.

Investing in cloud mining is like lending money to cloud company.

Don't be so soft. It's pointless to put down a fairytale description of what pools do with people's funds. Every legit cloud mining site is set up because they know that they will be the real winners in the long term. Everything is precisely calculated till the point that they eventually will terminate people's contracts without doing anything illegal. On top of that, most people choose to re-invest their earnings in even more contracts, and thus these cloud mining sites get returned what they have paid out to people. In Bitcoin terms, cloud mining is one big TARP.

Absolutely right since I think those cloudmining site running right now looks like using a ponzi scheme system since at the first place they are  not really profitble and if you calculate the profits for long time investment out there surely we will find out that our profits is so less and that is so ridiculous, So better We should avoid the cloudmining investment since some of them are just purely scam and the name itself is just a TRAP for the newbies who;s new to this thing.

What are the best sites mining? Surely, they are mining Bitcoin and Ethereum.  :)

For the business owner it's very profitable if he has many equipments, cheap electricity, big room to store everything. But for investors it's not good. People promoting these sites are just trying to get some referrals and earn some comission over them, maybe to recover their predictable losses as investors. Stay away from cloud mining investments and you will be fine.

Your question is quite cut and I don't understand what do you mean by mining? Cloud mining? Or mining pool? Since you had mentioned referral at the end of your sentence for sure you are looking for those colud mining websites. I suggest to you that stop investing there, there is no potential of growing your money and you might get scammed.

Looks like you looking for a cloud mining much better to go try nicehash but it needs a better computer specs in order to earn bitcoin fast..
check their announcement thread here ..https://bitcointalk.org/index.php?topic=562238.0
And you will like this if you know how to start this tool they are mining altcoin and exchange automatically and earn bitcoin ..

Now everyone are helping since a newbie asked for a referral code, %3 off to buy a contract is nothing, they are already charging you %30 extra

To accommodate for their expenses even before they actually get busy working, cloud mining is another term for rip off, imagine if they are

Giving every investor %3 off and imagine someone wanted to invest $1M do you really think they will give a discount of $30K which is around

20 S9s which in time they could mine a whole block by themselves.

this now the best cloud mining hashflare and viabtc i think is real mining
and viabtc have pool, and open service accelerate confirmation transaction too

Don't have big experience in cloud mining but what I understand is that all of them are scam because why the hell will someone mine for you with his quipment when he can to mine himself? And those lifetime contracts are funny :D You purchase once and you are free whole life, hahaha. Forget cloud mining and if you can buy antminer.

Thank You !

Thank You !

Thank You !

if you are talking about cloud mining sites then I can said all cloud mining sites are ponzi.you better think others option to earn bitcoin.I invest bitcoin many site but at the end I cant even get back my investment.I Just can tell you keep away from Cloud Mining.withdraw your investment soon otherwise you have big chance to lose your investment.

few days before genesis mining hacked and payout being withheld.
http://blog.genesis-mining.com/genesis-mining-service-update

Don't bother with cloud mining and with referrals. Cloud mining is scam and even if you get direct referrals , most of them are inactive after a short amount of time and usually they only buy low amounts when they do. You don't win nothing either side so I think it is better to focus on more productive ways to make money, like buying your own hardware being an option.

Your question is not very clear. What do you expressed by mining?
Is it cloud mining?
If is it, avoid mining site.
Because in this generation everyone who mining almost bitcoin or ethereum.
Bitcoin and ethereum price is so high now.for this reason cloud mining site get scammed.
The money of you permanently lose.
Cloud mining site won't grow up your money.
It will take money from you and make you loser.
After all if you get strong enough and trusted cloud mining site you can go for it.
But better decision is not to invest on cloud mining site.i have faced several times lose problem on cloud mining site.
You can trade or hold coin.
Best of luck and thank you