Bitcoin Forum

I have been trying to get into cloud mining but don't particular want to put money into it. Can anyone recommend a good site to start cloud mining sites for free? Any that aren't scams or don't work. I'd be grateful to know of a good functioning site for cloud mining.

You can't cloud mine for free, no one is going to just send you BTC, while they pay for and run the equipment.

I don't cloud mine but if you find a reputable site you pay them a certain amount per TH/s, plus a daily fee and they then send you your earned BTC.

From what I've seen these don't always turn a profit, some can, but the volatility of the market combined with your intro fees, might never realize a profit.

Do not use that link

It is a Ponzi Scheme

Edit: here is a link where they discuss this

https://thebitcoin.pub/t/ponzi-100-gh-s-free-mining-never-invest-never-trust-take-what-you-can-for-free/10095

Or, use the Forum Search function with 'Cloud Mining" as the query....  ::)
That will turn up gazillions of post about this question which has been asked hundreds of times... All answers have been and will always be - stay away.

be aware to ponzi cloud mining sites. there are a billon of fake cloud mining sites, no one can suggest you a cloud mining site, becouse no one can know they are real miners or, a long term ponzi.

I generally look into the sites before I join them and the reviews by both users and reviewers seem to be positive. It would be if you could show me some proof for the claim as that would help majorly.

If you read the thread I posted, they all acknowledge it is a Ponzi scheme and that they are rolling the dice on their short term small investments to be the first few who make a profit.

Beyond this, do as you will with your money. Feel free to invest and reinvest.

Cloud mining websites are mainly an evolved form of ponzi schemes, so I won't recommend you to invest any money in to any cloud mining platform. You will receive payouts for few days but it will run away with your money after few days. Till date, I didn't find any cloud mining website that are real. Mostly run by group of scammers. So try to avoid them. Instead try to invest in mining rigs and start mining from home. The initial investment will be high but it will reward you suitably if you can mine the right coin.

OP you could mine with me mate, in my bedroom, I will show you how poor you could get by cloud mining, people invested on hashnest because they

Were legit, but they forked Bitcoin to have their own blockchain to mine with Asicboost. not even the legit cloud miners could be trusted. I could suggest

To check on altcoin announcement section to find many ICO cloud mining.

don't bother with cloud mining ever.
when you ask about cloud mining everyone's mind goes to scams and Ponzi schemes first. and that much is obvious but also the legit ones are useless too. they are not really a good investment for your money. you are putting your bitcoins at risk just to get a small return like drops from a faucet which take forever to reach ROI.

there used to be some a couple of years back, and I even made money from them. you just signed up and they gave you GHS for free. but I have never seen any of them around for years.

cloud mining are just like any business. they should make a profit if they want to stay in business.

Imagine that you invest $200,000 to build your cloud mining business.

  You build the headquarters of the company, hire the engineers, technicians and other workers, buy the necessary equipment and begin to operate, you know that you must pay electricity bill and salary of the workers every month and you also need to recover your investment.

So how will you give GHS for free to people? how could you give free bitcoin to people?

This is impossible, it is not about being or not being a good person, it is about fulfilling your commitment to guarantee the company's profitability, to guarantee the salary of all the workers who work very hard to earn a misery and with that low salary to support their families




To survive, people do everything they can, so do not expect that there will be any site that will give you free bitcoin.

Try eobot. If they still offer cloudmining register, go to account, click on the left to ghs, then go to products and faucet. Then you can see, how that would work. But you don't come far with "free mining". If a service is legit (only know one or two), they have to pay hardware, maintance, electricity costs, staff, taxes .....so they cant give out  much mining power for free.

That is all scripted. EObot is a cloud mining ponzi scam for sure in my opinion.

DO NOT INVEST IN THAT SITE!

https://bitcointalk.org/index.php?topic=551009.0


Even Bitcointalk staff is calling it a scam.

https://i.gyazo.com/c2ccfc64bd11b25b935edf8fa6f4644e.png


Either you get scammed later down the road, or you never make a profit, since their contracts decrease in revenue after X days. It is very shady to say the least.

Sadly you need an investment to cloud mine also make sure the site has been running for a long time and has good rep.

I'll believe on -ck about eobot and even there will be some people here that will say that it is a trusted one I'm just going to ignore it and instead I'll help to fight against these scammers.




Stop trying, there are some other place where you can invest your money. And you are asking for free? Well it's too good to be true, you can't find a cloud mining that will let you invest nothing on them and in any investment there's no free.

It's mind boggling how people nowadays think that money falls just out of the sky without putting anything on the table themselves. If you want to make money, you need money, or at least a valuable skill that you can offer.

Everything that's free either yields you satishis/dust, or you eventually ends up paying the price for it. People should stop advicing others to join this or that service, it's just a waste of time.

Invest a minimum amount directly into Bitcoin, and you'll see how your investment yields you far better returns than these shitty cloud mining services will ever do ~ it's just a matter of logical thinking.

cloud mining is very risky, many of the cloud mining sites are becoming a scam so many have no confidence in the mining site, they just hear the word CLOUD MINING first in mind they are SCAM site. I'm also a victim of a cloud mining site. When I wanted easy money, my whole thought was legit cloud mining but I made a mistake. i wasting my investment and my time.

Where did you learn about cloud mining? It seems to me that the problem roots on the sources which gives false information about cloud mining, spreading lies that it is a very profitable platform that anyone could join to.
If I were you, I'll read more of the basics of bitcoin and how do it work. Focus on knowledge and let your time loose on it and don't ever take the shortcut on easy money making scheme, they often exist just to fool you.

Start with the most common suggestion on this forum - tie with a campaign and join some discussion (without focusing on the post quota, don't post just to earn btc).

Don't do that, instead create one exchange account in reputed trading site and start trading with the little funds in skrill, netsellar and banks. You can create a account in cloud mining site for free but for mine a coin you have to purchase the hash power from the network pool of their site. That will cost around 0.03 btc atleast for small hash rate which will lead you to face loose apart from electricity for your pc.

You can not get a free contract for cloud mining, although some sites offer it but I recommend to choosing a trusted cloud mining site if I am not mistaken hashflare is one of the best and trusted cloud mining sites. you can try to invest there.

if you really wanna use cloud minig ther is only http://www.genesis-mining.com/a/797444  and https://hashflare.io at moment .
both are tusted and proofed of there minig !
iam using genesis minig since more than 2 years now ! and its very great they pay at moment when you reach 150 000 Satoshi direct to to your bitcoin wallet!
earlier when thebtc prize was lower the payout was 50 000 Satoshi.
you cna find many poofs of there minig on there webpage and on the hole net ;)



kind regards

How can you advertise them as trusted if the only trusted thing about them is that they have the hardware. Their business model is still scammy.
It was explained over and over but there are still dumb people who send them money and get a small profit because Bitcoin suddenly became worth 5 times more.
Wake up. You haven't earned thanks to those great cloud mining companies and their system was made to benefit them, not you.

Everyone may want to invest on the newest project of cloud mining which still offer cheaper tokens ($1) right now.
You can visit their website https://icerockmining.io/ or ANN thread https://bitcointalk.org/index.php?topic=2196082.0 for more information.
This is a good opportunity to invest your funds due to they offer profitable investment for everyone, whether you choose to be an investor and get tripled profits of your initial capital on May or be a miner for 2 years contract.

Well as we are there are also payed with every positive feedbacks or review they paid individuals to state  a positive type of experience but actually a false fact then luring some newbies like you to be scammed . But bot all is a scam theyre few but still low and slow payments it is likely a scam but it needs patience and  a passion of work yo compromise that kind of thing so if you have a short temper and you need imediatte money you need to not or remind yourself that it is not worth a try

Actually this project isnt really different among on those cloud mining that do operates as of now like genesis and hash.I cant see that if people would invest in the project would really get some tripled profits. Seriously? 2 years contract wont really still be a guarantee for you to make money but well theres still chance to be on ROI but dont expect on the excess profits.Thinking off that hash did make already a fix 1 year contract came from lifetime contract.Why? They arent profiting already. If you do talk on buying token and sold out later on then its possible though but on cloud mining then its a NO.

As I know there are no legit cloudmining and there are no free cloud mining,  if you start from free then when you want to withdraw you need to pay,  and you pu will only lose your money,  its not worth your time  and your money,  if you joined its mean you support the cloudmining to scammed other users,  just stay away

The ROI only happens if the currency's price increases. When mining on the cloud people are never able to recover the same amount of coins that were invested. That is what makes this investment worthless (talking about legit cloud minings). And if the coin to be mined is an AltCoin it's more dangerous, because these AltCoins are very unstable and have less guarantees of success than Bitcoin.

Sit and wait for big scammers to give you their money for free or look hashnest and bitmain and lets see if they will give you free hashrates to sit and mine. Oh sorry, you want free mining and would it be enough for you to get 10x antminer s9 hashrate? Maybe if bitmain will give you their profit will be better or wait, google profits a lot of money, I bet they will give you billions to don't get any problem.
These shit ideas and topics, this is all what makes spam. Man comes here and asks for free unlimited money, what a pitty people have such dreams and then post them here.
Go and get a real job, you'll see how hard it is to live and then you won't ask such silly (silliest) questions. Don't wanted to be rude but that really makes me anxious.

Why there are still other people are still trusting cloud mining site they didn't know the fact that they are just encouraging because of the proof of mining that honestly not profitable even they are trusted do you think it will profitable if you think deeply honestly why they are giving rented hashrate for you instead of mining their own and earn bitcoin?
Its obvious way just to get benefits of getting coins to us and if they got the trust from you in the end of investing all of your money they will gone and in up losing all of your investment this is what i experience i just share because i thought that cloud mining are trusted and also investment scheme before i experience to be scam so i won't let other people to be scam too you are just giving scammers to make more site to scam other people to get more free bitcoins. .

So you want someone to give you passive income without investing or doing absolutely nothing.
Send me PM if you find such generous person  ;D
No, such site doesn't exists.
Probably some ponzi scams are giving some free coins to lurk more people to deposit but i would suggest you to stay away from ponzi shits.
If you have conditions buy equipment and start mining yourself.

Cloud mining just doesn't work. It's a ponzi scheme and the very few early adopters are the ones which will make a profit whilst supporting something which will eventually scam many people.

You said was actually right it which ROI would possible be fasten up if currency price would tend to rise up but this kind of situation is rarely to happen which means we can really presume already that we would end up on not profiting at all and i dont know why do people do still strive or decide to put up money on these cloud mining sites. They dont really think off carefully on what would be the benefits or disadvantage that they would commit on investing into these cloud mining.

Ignore cloud mining, earn free money by other way or put the money into currency directly. Plenty of cloud mining investment businesses that are a complete scam. The premise of it is interesting but you won't get anything.

Sorry for being stupid. I was only hoping for this to be like a side thing. Like enough just for a real cloud miner.

I would like to recommend you to stay away from the cloud mining. Most the cloud mining websites are scam and there are some legit sites but you can not make profit out of those.

Don't go for those investment plans. They will almost always go scam. genesis mining is one of the top cloud mining sites. Other than that you can try nicehash website, and rent hashing power from other people. But you need to do your calculations for profit. Profit is not guranteed there.

Indeed, you may find free cloud mining in few years ago when bitcoin price was cents or less than $10, even faucet site such as freebitco give BTC5 back in time. But, asking it these days? No one will give you free bitcoin.
But, I wouldn't say "don't bother cloud mining ever", try to ask some people which have been in cloud mining for years, especially genesis mining and enjoying lifetime contract.

Why would anyone consume resources and wear down their equipment to give you btc for free? It's absurd. If you still wanna look into cloud mining and you're willing to shell out some bucks for it, you can try genesis mining. I'm not gonna tell you it's not a pyramid scheme, but they appear decent enough to stick to their agreements. Most of the people making money from genesis are youtubers who get their followers to sign up with their referrals.

your are newbie so only check this forum and Know Scam site and non one after that put your money

Agreed.

Genesis Mining doesn't pay everything - I'm waiting over 6 months for some payments, and it isn't still resolved. And the july-debacle created another bunch of missing payments - and unanswered tickets.

Hashflare sells you a lifetime contract and then change it to 1 year "because they can, it's written in their contract"

So they are scammy indeed.

They are starting to show off their true colors when it comes on using their service on longer periods.They cant really sustain to give that life-time contract on which I do really expect from them to do this decision on shortening the contract for 1 year. There are already lots of issue been faced either on hashflare and genesis as of now when it comes to payouts on its investors and this is the reason why do some selling out their account already on such site.

Cloud mining isn't profitable and all sites except few are scams.In this days cloud minings not work very well like two years ago.

Even back in the day they weren't profitable as is believe me. Just avoid them like plague.

Then you should now that your earnings will be reduced each day, they will deduct electricity, maintenance, system update anything they can charge from your earning will be deducted. using a bitcoin mining calculator will show you that you will get your ROI after 4 months or so, that just vain ! Experienced this more than a single time,
I sold my account in cloud mining for 1/5 of it price ! be away from cloud mining

I don't know why people still want to invest in cloud mining even though they are making less through it. It is always good to find different possible ways to make good amount like trading because everything will be in your control.

I would go for Genesis Mining. Other platforms that are worth comparing are Hashflare, ViaBTC and Hashing24. Note that if you believe the Bitcoin price will continue to rise as in 2017, cloud mining is probably not a good investment compare to Bitcoin.

If you believe the price will decrease or stabilize cloud mining can be a good investment.

Read more about risks, payouts and compare reviews from cloud mining services at www.allcloudminers.com

If i were you, i will not try to start any cloud mining company. Because most of them are scams. It's better to join signature campaigns than to mining.

for me they are legit becourse iam mining there since more than 2 years now and i got my ROI !!!
so why i should not trust them ???

anyway here is a 5% discount code for contracts: c1jFgO



kind regards

I think mining is not good to any bitcoin user because you can earn by invite somebody or refer somebody its like scam while your on the top of somebody that you invite you think the invite to earn is no limit i think there's a limit if the user not enjoys in the cloud mining so if others dont want mining its become no earning so for the last person that invite in that will no profit because of that

I would rather stay away from the cloud mining. Most the cloud mining websites are scam and there are some legit sites but you can not make profit out of those. You will understand it when you just count the when the project returns the invested funds (((

I have to say that I don’t know anyone who have actually profiter from cloud mining. All I hear are scam accusation and I don’t know any reliable cloud mining website I could recommend. Maybe to acoid such scheems if you can, it’s not worth the risk especialy compared to profit. It’s better to find some other way to earn the Bitcoins there are plenty other possibilities.

if you want to make more profit and more earning dont go to that cloud mining its because many of users has become a victim of that mining so that i cant recommend it to anyone. it is wasting put your money on it, they did not pay you back after a long day. it is a real scam dont fall to their trap.