Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: geobull on October 06, 2017, 06:42:15 PM



Title: safe and reliable XRP Ripple Cloud mining contracts ?
Post by: geobull on October 06, 2017, 06:42:15 PM
Hello, I am looking to buy contract to start mining XRP do you know any reputable company which offers ripple mining ?


Title: Re: safe and reliable XRP Ripple Cloud mining contracts ?
Post by: Vann on October 06, 2017, 06:45:52 PM
Ripple is a private token. It's not mined, it's issued just like fiat.


Title: Re: safe and reliable XRP Ripple Cloud mining contracts ?
Post by: ahmedjamal1998 on October 06, 2017, 06:52:02 PM
Don't ! Just don't !

Don't put a penny into cloud mining. Cloud mining (in my opinion) is simply a total and plain scam. You buy contracts for (X) number of months expecting to actually make money out of it but in the end you don't.

In fact you won't even get your capital back. Just take a second and think with me. Why would anyone in the world sell his hashing power and rent it out to you for a long period of time if he can just make much more money mining himself ?

Seriously I visualize every cloud mining service that ever starts as a scam or a scam in progress waiting for the right time to disappear with all the funds.

If you're interested in mining some coins, buy some GPU cards and start mining whatever you want. Other than that is useless.

Anyway regarding your question, Ripple can't  be mined ;D It's a token.


Title: Re: safe and reliable XRP Ripple Cloud mining contracts ?
Post by: ltcsprite on October 06, 2017, 06:54:26 PM
The level of stupidity here is mind boggling.