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What is the profit if i will buy mining ferm (in cloud) for 1000$? Maybe aproximetly profits it will be also great to know!

Most 'cloud mining' sites are nothing but ponzi schemes. You should avoid them unless you like losing money. :)

No idea.  Only advice I have is to read the fine print.  Cloud mining contracts usually consist of an agreement that they can just pull the rug out from under you at any point in time that it becomes unprofitable for them or for any other reason that they wish.

As u know, there many sites that provide you cloud mining, but I think investing in that sites has some risks. so you can mine with other methods that discussed in the forum.

Agree with you. Mining difficulties are constantly growing and are going to increase more during the spring/summer bull run. Best thing is to set up your own rig and pool mine (unless you have many GPUs but even then...).
+ watch constantly which crypto is the most profitable to mine

is cloud mining better than the traditional mining using rig?

Not really more risky as most of the cloud mining providers are scammers and the legit ones aren't very profitable

must be extra careful if you want to mining in cloud mining, because most of the scam alias does not pay, try to think again before paying

Stay away from cloud mining. You are better off just buying a GPU and mining on your own computer.
Cloud mining contracts can be cancelled without notice.

While this is true, now is not the time to buy GPU's.

Maybe someone knows some sites with cloud mining? does they exist? or all cloud mining sites is useless?

If you ever needed one more reason to stay away from cloudmining, besides all the heaps of evidence you can find here on this forum and elsewhere on the Internet, then perhaps you should pay attention to the recent news from 2 days ago where the biggest cloud mining company of them all, Genesis, was asked to stop their operations in an American state.

It did not have much to do with fraud or anything, but because their business resembled securities. Stay away, no matter what, cloud mining is just bad news.

I think the computer server's heart CPU used to dig the mine is very rubbish, and the machine  administrator found that the server CPU used too high will be processed.

it would be very difficult to predict a profit from an investment. profit depends on a project is usually strongly influenced by market interest. if the market receives the project, then the profits from it will be greater.

Another way to mine Bitcoin is through buying mining contracts on a cloud mining website. The most popular Bitcoin cloud mining site is Genesis Mining. When you buy mining contracts on you start receiving Bitcoin payouts immediately, and the mining contract lasts forever.

I suggest maybe you should not invest it on cloud mining or if you really want do some background search check it very well so you will not be scam and you will not lose your money because now a days a lot of scam scattered all over the internet and crypto world. Take care and Goodluck.

Yes I agree with this one. Maybe you should start to search all about trading now learn the basics of it and start to buy some bitcoins and trade it to altcoins to increase the size of your bitcoin holdings but ofcourse you need to search it very well so you can minimize loss on your money. Goodluck.

with current conditions as token prices are almost entirely decreased, it is very difficult to predict the benefits of a token investment. can not be turned off if an investment will profit or loss, but that can be done is hard work to reduce all the risks.

Most sites that provide services for the cloud Mining are scams. You can simply lose your money, so I would recommend not to do it. It is better to pay attention to trading or investing in promising altcoyins.

Most often, this kind of earnings is associated with very very large risks. The creators of the cloud mining do not give any guarantees about the safety of your investments, as well as about the possible profit.

I tried 3 with a small amount: One was a scam (I didn't do research before, stupid...), One has broken even (but got taken down recently) and one has a very small profit over two years now.
The profit isn't really worth the risk...

cloud mining is a good investment for a short period of time, YES i do tell this!
if you are one of the first comers of this cloud mining then you are in great hands, but on this most profitable members are those inviters, so be careful, and i want to say this! this mining will last for just 2-3 months.

You are just particularly mentioning about those cloud mining which are only new to the market but if we do try to mention about on the oldest running cloud mining which is Hashflare or Genesis then that $1000 wont really guarantee you out on reaching ROI even on 1 years contract which i dont really recommend on investing into cloud but rather much better to save up and buy your own physical miners which is really more worth of in my part.

Benefits no better to invest in a promising project, or if you want to just mine, then buy yourself your equipment, and use it for health. And any cloud services do not cause any confidence, and it is unclear to whom and for what you are paying money.

As for me 95% of cloud mining projects are just a cover for pyramids and scammers. I don't believe that it can be real organizations. I never get in such projects. It seems to me that investing in altcoins is less risky.

Most companies offer you to invest in their projects cloud mining scammers. Stay away from cloud mining.

cloud mining has long been not profitable, it is used only because you can start with a small investment, for which it is impossible to purchase a farm

Nope we can't call them company unless they can show some proof of their operation and their are few of them give a transparent sneak peak on their mining hardwares and one of them is genesis mining(still not recommended since its unprofitable).

Maybe it's time for us to move on since that cloudmining is been long tagged scam and the most popular right now is the cryptocurrency investment which is far better than cloudmining investment.

As it's been stated in this thread multple times. Stay away from Cloud Mining.

However, if you are looking for some insight or affiliate here are some of the following:

HashFlare
This offers cryptocurrency cloud mining services on modern, high-efficiency equipment. Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Dash (DASH).
Commission: 10% of initial referred sales.

Genesis Mining
The largest cloud mining company on the market. Mining available for Bitcoin (BTC), Dash (DASH), Ethereum (ETH), Litecoin (LTC), Monero (XMR) and Zcash (ZEC).
Commission: 2.5% of referred sales either upfront or in mining power.

NiceHash
The largest community sharing economy by connecting seller and buyers for Hash Power.
Commission: 5% of revenue share for referred users indefinitely.

MinerGate
Multicurrency mining pool with easy-to-use GUI miner. Ethereum (ETH), Zcash (ZEC) and Monero (XMR).
Commission: 30% of referred sales and profits from mining. Up to 75% of profits.

OxBTC
Chinese cloud mining focused on Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) and Zcash (ZEC).
Commission: 25% of referred sale, first week deposit, income and yields of referred users indefinitely.

Cloud mining is indeed an old system that is now beginning to disappear. But I find it strange that there are still people interested in investing with cloud mining. As you are saying that there are still many more profitable investments. Some people mention Trading is the most profitable investment and some are saying that investing in a project can make us rich. I think those two things are much better than just hoping for cloud mining, believe cloud mining will only waste our time and it will end in vain.

If we go to cloud mining then we've wasted the money we have, and we will feel disappointed forever.

Few heard who was excited about cloud mining, too little profit.

Some are lead to loose and get scammed. Except genesis and hashflare all the cloud mining site opened attract with your ponzi schemes. I would advice you yo don't go towards any cloud mining investment.
If you interested mining field go with the buying mining cards and do with it.

i think dedicate mining of crypto coins is very safer than other approaches. because sometimes there are some risks in that sites and cause to loss our mined coins

be careful if you want to buy cloud mining. because some of sites are scam. most of those site will cause a risk for you. so it is better for you just stay away from cloud mining.

Don't know cause I never using Cloud mining butt you have high chance to lose all your money cause almost cloud mining sites are scam or ponzi scheme. It's really hard to find out legit cloud mining at the moment so I think you should better stay away from cloud mining and try to find another way to invest your 1k$ in like trading or just need to find out a good crypto then buy and hold.

i thinks the cloud miming is to too much risk for invest and you have to be care with cloud mining site there 90% of sites are scam so before invest please check the it light or scam site than check the what kind of plans they have and invest like that much of big amount.

Yep. You're right. Invest in cloud mining is too risky cause nowaday, cloud mining is just a casing of ponzi system. Instead of investin in Cloud mining I think this guy'd better invest his money in holding, the least risky way to earn money and a lot of good cryptocurrencies to choose.

If you don't want to lose money, then you don't need cloud mining. It is better to buy a cryptocurrency and HODL it. It's reliable and reasonable.

i would rather buy some potential altcoins and hold it, or if you really like bitcoin then get some and hold.
MOST or 99% of cloud mining are just pure scam. they will let you have your payout but soon will be gone with your money.
HYPE and ponzi are the thing we should not get into.

I really agree with a lot of people. Most of the "Cloud mining" sites are scam. I don't trust them. And i always don't recommend to use them. Friend if you need a profit, just buy bitcoin and hold it.

I don't want to sound rude but if ever you put yourself into the situation of investing even just 100$ dollars into any cloudmining site just consider the word goodbye. A wise earner does not depend on site that is always heard as a scam. 1k  is good enough to do trading, better than cloud mining. Good luck to your decision but if you would like to accept my suggestion I would gladly say no to it. Look for an alternative way.

exact profit no one will say, it all depends on your experience, you should understand that at this time it is a very risky undertaking, it is now more profitable to invest in crypto currency than to get it ... (

before we buy cloud mining here we should think twice, because the problem here of some number of sites is fraud. because this will only add a risk to ourselves. it would be nice if we just leave this cloud mining.

U have to be careful if u want to buy cloud mining of course, because some of sites r scam. I think most of those site will cause a risk for us. Also, it`s better for u just stay away from cloud mining.

maybe this could be a recomendation for cloud mining.

1. https://www.genesis-mining.com/
2. https://www.eobot.com/cloud

if in my opinion, than invested in cloud mining more Profit in invest for trading.

cloud mining of old BEP ...

Why pay any attention to them at all?
It is scary to invest in them a large amount, and with a small deposit you will not earn much

As u know, there many sites that provide you cloud mining,
but I think investing in that sites has some risks. so you can mine with other methods that discussed in the forum.

Eh, cloud mining is very shady thing to do. Most of it, like 90%, is schemes. Wouldn't recommend that. Better to get a real farm

Please do not fall victim of cloudmining, most cloudmining sites are nothing but a scam and if that is not the case then it is just simply unprofitable, you just need to use some common sense if the ones offering those services could earn money by using their mining equipment they will do so instead of renting their hash power, so forget about them and invest your money in a real investment.

"Cloud farm" lol.
From that basis it's already something that you can't rely on and most of them aren't giving real hashes and is only giving fake information that they are real miners.
Many of them are existing and making the people believe that they do run legit miners.

I think that the profit will be approximately this: about 30% of the total you will earn in half a year probably. I doubt that the percentage can be greater every half year)

in my opinion it is not a good investment to participate in cloud mining, many make changes in contracts without prior notice and the returns are usually not the best, it is more profitable to set up your own equipment

Bitcoin miners always need cloud mining, By purchasing this contract mining, Bitcoin users do not have to bother anymore to take care of the device or buy their own mining tools. Contract mining is in the form of shares.

You like making jokes. But if you are serious then I will say that you are a fool. You should learn about the discussions that are already there. You can see the discussion forums here and come to the conclusion that investing in cloud mining is a harmful and non-generating thing. For me cloud mining is a waste of time and just wasting our time, thoughts and money. Never think about cloud mining because I'm sure that there are still many useful things we can do.

I don't trust cloud mining. I'm not sure, but it seems to me that all, or almost all, cloud mining services are scams. Maybe I am wrong, but it is better not to risk, the more there are other ways to make good money on cryptocurrencies today with less risk.

I don't believe much in cloud mining. Even traditional mining is no longer profitable, so why would be cloud mining a better opportunity? You can lose money and time on it and get very small return.

do not believe everything they say, they will not give you an advantage as they say.
I often get cloud scam mining site! it is very painful for me. because I lost my 100 dollars with no results.

Now it is not profitable to invest so much. Bitcoin is not up to par.

I think cloud mining is a scam. Why should I lease equipment to someone, if it brings money for me? Have you thought about this? I do not believe cloudmining projects.

Many coins today do not need mining at all and I think because of this it is not so popular if compared with the high-level mining company last year.

Well, also ask yourself if cloud mining would be so profitable - Why aren't they mining but themselves but they are selling capacity? ;) Like it has been said many times in this thread - some are ponzi schemes, be careful out there!

Well, I agree with most here. There are quite a few scammers out there. You will never see one satoshi back from them.
The legit ones are barely profitable. I think that investing with a low risk profile is more profitable (but not free from risk of course)

You can turn 5 to 12 months. that too depends on the bitcoin price ...
you try to mine eth, do not you mine bitcoin, if you mine bitcoin will chance you get very small profit.

The whole cloud mining is not scam? Correct if I'm wrong)

It seems to me that Cloud Mining is a very profitable business, but it's worth investing a lot to manage to earn a lot...

If you want to start mining. It is better to assemble a mining ferm. No need to use cloud mining. Safer when your investment is in your hands and not someone else's.

As my opinion, Cloud Mining is a good idea, but people just use this good idea for their bad purpose. Almost cloud mining service is a scam or a Ponzi system. So you better think carefully before investing in any Cloud Mining system.

Your words are contradicting, cloud mining is a good idea and you know that it's a scam?
Everyone who think cloud mining is an easy money, don't invest on it or the creators of it will tell it to you.

I totally agree that making a profit on cloud farms is something magical, like a fairy tale. You will not get anything, only if a few years will recapture their funds.

it's better to ask an experienced person, or buy a tool, even if the capital is big but it produces.

When cloud mining site owners are really making the money from the newbie investors and stealing how we can consider it even a good idea for investment bro. As you finally said it is ponzi scheme and scam attempt from the time it has been introduced bro.
If you enough fund with you want to start mining best idea you can get the GPU cards from your local city. Check the available youtube videos to connect the cards and etc. Hope you can make decent amount on mining but electricity may suck you so be careful about that.

Most sites that provide services for the cloud mining are scams. It is better to assemble your own  mining ferm.  Or just invest to top altcoins.

I will advice to you that you should stop investing in any cloud mining site. It will always lead you to being scam. Everything about cloud mining is ponzi scheme.

I think that the profit will be approximately this: about 30% of the total u`ll earn in half a year probably. I doubt that the percentage can be greater every half year

As u know, there many sites that provide you cloud mining, but I think investing in that sites has some risks. so u can mine with other methods that discussed in the forum.

There is much risk in cloud mining, before when you do cloud mining there is still profit, but ever since a lot of scam sites had already used cloud mining to take you money, I doubt that there is still a legit site for that, I would rather suggest do your own mining and buy your own rig, there is no reason why you should pay someone bitcoin and then double your bitcoin in return because you have given them bitcoin, that in a sense is already a scam, however if you still want to proceed, prepare yourself that the money you will give will be gone.

Question to all of you who already cloud mine: Is it actually profitable? And if so, how much have you been earning and what have you profited?

It did not get virtually to determine with keen experience or anything, on the other hand due to their work seemed safe keeping. Stay departed, no out at   tip the scales at what, cloud mining is just bad news.

I noticed that mining as a whole became less popular, most likely because of the decrease in profit. Many coins are transferred to another protocol PoS and before it was PoW

Cloud mining is very beneficial actually. Firstly, you will not gently follow her, as she will simply bring you a stable income. So do not even think about it.

I think that the profit will be approximately this: about 30% of the total u`ll earn in half a year probably. I doubt that the percentage can be greater every half year)

Are you sure about that? If you once signed a contract with a cloud farm, and not having read and understood all the conditions, signed, and then unexpectedly lost your money, it's your fault and not the company's fault. We need to be more careful. And talking about all cloud farms is bad-not reasonable.

I do not want to sound rude, but if ever you put yourself in the position of investing even just $ 100 in any cloud-based site, just think about parting.

and don't the cloud farm mining report the amount of profit for a certain period? in General, everyone should decide for himself whether he is ready for this and whether it is worth taking risks

I think that the profit will be approximately this: about 30% of the total u`ll earn in half a year probably. I doubt that the percentage can be greater every half year)

Look for an alternative way.
I suggest maybe you should not invest it on cloud mining or if you really want do some background search check it very well
so you will not be scam and you will not lose your money because now a days a lot of scam scattered all over the internet and crypto world.

Stop worry about mining at the moment (especially cloud mining), unless you're already in it.  Hopefully you're not in cloud mining.  Wait for btc to drop to 5Kish, and buy the shit out of it. 

I think cloud mining is a way to take money from those who do not want to make it. Do not waste time on it if you want to engage in mining buy a few graphics cards and start mining

Not in reality bounteous risky as about of the patterned defense businesspeople are scammers and the legit ones aren't besides profitable

Mining is very good therefore the mining workers always get a monthly wage proven on my friend story telling her friend work in mining. In mining he gets a decent wage

Another question is where to find stable cloud mining? The vast majority of mining turns out to be a Scam either immediately or for a short time.

do you know Genesis which was asked to stop their operations in an American state.
That is a typical example, you should not believe in cloud mining, all just a scam, invest your money in a real investment.If you like mining field . Let go with the buy mining cards and do with it!

"Please do not fall victim of cloudmining, most cloudmining sites are nothing but a scam and if that is not the case then it is just simply unprofitable" is the warning I find the most correct

Most oft, this agreeable of prepossessing is related with besides very extensive risks.

Stop thinking about cloud mining if you don't wanna lose your money :). 99.99% of cloud mining are scam or ponzi scheme so stay away from cloud mining is the best option, I think you should find another way to invest your $1000 maybe hold or day trading is much better than investing in cloud mining websites :)

What is swinging with Cloud mining, it seems to me all this is a hoax. Has anyone been able to earn good big money on this? Probably only the organizers of Cloud mining. The ostalians stayed with their noses

If you want to invest in bitcoin mining without the hassle of managing your own hardware, there is an alternative. You can use the cloud to earn your coins.

Put very simply, cloud mining means using (generally) shared processing power run from remote data centres. One only needs a home computer for communications, optional local bitcoin wallets and so on.

However, there are certain risks associated with cloud mining that investors need to understand prior to purchase.

I do not recommend the cloud mining sites very much. Because when you make the first deposit, you earn money, but as the difficulty level increases, the money gain decreases.

never invested in cloud mining, but read a lot of reviews. what a lot of fraudsters in this scheme.

You will not get a stable cloud mining beginning you will receive good rewards but later your revenue slowly reduces and you can't do anything at that time because you already invested your money.

This is the disadvantage of cloud mining and you earn some referral bonus but if you refer any of your closed once and they do not make any profit you will lose money and relationship. So i too not encourage cloud mining.

I have a farm and cheap electricity. Thinking about starting offering mining contracts.
How to begin with that? Nobody believes cloud miners anymore. Maybe installing webcams will help?
Any ideas?
I have a couple of spare gigawatts....

It seems to me that mining is completely unprofitable because many coins are transferred to PoS protocol and it becomes more and more difficult to mine.

I do not believe in cloud mining! I'm doing real mining and it's not an easy job, and over time it loses its profitability. Only the one who owns the equipment earns well and this is temporary too! There is nothing more perfect than buying up coins and holding it until it becomes more expensive.

It sounds cool anyway.. Imagine how could it be but I think no one will allow to use that power for rent cos they are able to mint by themselves, right?

I dealt with cloud mining. Having invested in hashflare around 200 dollars. After that, the market began to rapidly decline. (February 2018). Now the project doesn't accrue profit. I don't think it's good idea to invest in cloud mining. It is better to buy crypto, while everything is cheap

You should try with Togacoin, a data center in Tenerife that gives you payout from mining operations (also during token sale period) just keeping your tokens in your ERC20 wallet.  At the moment the token sale is in "early investor" phase, with a 33% bonus.

This is an interesting extract from the wp:

"Our endeavor is to separate the mining operations from the electricity costs, as well as diversifying investments to make the business safer and more independent from any market variable. This guarantees a complete payout to the token holders: in case mining become no longer profitable, it will be gradually replaced by our other activities (hosting/housing, application design/development and electricity sales).

The crypto-mining activity is strongly influenced by the electricity price and availability, because the success of this business model is largely dependent on the energy supply.

TOGA’s business model is part of a new generation of mining operations, which is climate-friendly, less subject to the fluctuations of energy price and, finally, more profitable and safe as it combines green energy sources with the business diversification."

https://togacoin.com/
https://bitcointalk.org/index.php?topic=4432984.0

Take a look if you have telegram:

https://t.me/togacoinofficialENG
https://t.me/cryptoboosterint

Well, it, firstly, depends on the honesty of Cloud mining system - most of them are scams and you can get not a good one
Another one point depends on the coin that you wand to mine - how it have been working during the time, what kind of price it has now and etc.
I hope, if you will get a good coin from not scam project, you will get something about 1500$

I think Bitmain charges way too much for their cloud mining service

Hi friend, what makes you decide for joining or thinking this cloud mining opportunities? But, i were you, i would not invest in it, because ive done that, most specially hashocean, been putting a lot of money and people under my team there but suddenly its gone, i mean i never recover my investment in it., so i would not recommend cloud mining., this is just a ponzi scheme trying to make money from the investors. Better not thinking about this opportunity my friend.

cloud mining is a good investment for a short period of time, but this mining will last for just 2-4 months. and i think it's rather risky. i don't like this way of investments (

I'm not sure if you can get a good profit in buying mining hardware because we can't really assure that the coin mined is profitable and i must suggest to invest your money directly to a cryptocurrency so you can start earning a big amount of money once crypto market rise up.

Have you all heard about this new thing called "mining hotel" ? It is similar to cloud mining, but you actually bring your hardware to the warehouse, and then people take care of it for a fee. This is suitable if you live in an apartment or have weak electrical supply. Seems like this is more trustable solution

Be very careful, this days you can be easily scammed of your hard earned money.

Some people says that cloud mining not-profitable now. I have a friend who invest in cloud mining a year ago, he don't invest in it now. Now he just trade and hold some coins.

In my experience, all cloud mining is a scams in one way or another, probably the best option would be to just buy the cryptocurrency on the exchange and hold it.

I do not have personal experience in cloud mining, but I've heard from many people that it's very profitable) The main thing is not to work with scams  :-\ :-\

We would highly recommend that you stay away in cloud mining most of then are just scams and you can just lose your money. If you really want to earn form mining then to hardware mining instead, depending on the cryptocurrency that you would want to mine you can do GPU mining or ASIC mining it will depend on your preference. But if you do not want the hassle of maintaining your mining rig then investing in cryptocurrency and HODL will be you best bet.

Last year I bought a cloud mining contract. The first months were about 300 percent a year. Now the contract is still valid. But the accrual is 0%. Since all charges go to the fall of electricity.

I searched for cloud mining sometime. you give a certain amount of money and buy an annual mining, and if you find a reference, you are getting paid. but sites are paying a certain amount of money and trusting their users and getting more members and then disappearing. so almost all of them are ponzi. please do not try to make money in an easy way because you will eventually be lost.

So how is nicehash making money if you all saying cloud mining is dead?

I don't believe in cloud mining. Try to think logically - why should miners share profits with us, if they have good equipment and they can earn without us? Most likely, such pools will turn out to be scammers.

Evil tongues whispers that mining will become less and less profitable at least GPU segment. So reds are even planning to put new graphic gaming card to the market in several future months. So there will be no cloud mining at all.

I think that we need to consider the current situation from the point of view of profitability. If it is just about $ 1000, then this is not a big investment compared to what profit will be earned by mining in the future.

I think this is all fraud. Are there real people who could earn on Cloud mining? I have never met such! So I would not risk investing money there.

Before investing money, I would advise you to know better what cloud mining is and how it works. Most of these "projects" are just scammers and you will lose your money.

Something tells me that nothing good will come of it. I tell you this as an experienced miner who has mined for many years! In a rising market you could come up something, but not now!

Don't invest in cloud mining, they fall as a scam the latter part of it.

Beware of it, of cloud mining
I really couldn't find any profitable (for nowadays) and reliable sites with cloudm.
It's really risky game
You can get more profit if just put money into trading way and play an market by yourself as a newbie
And never put into a cryptoworld all your money

I heard that there are a lot of false offices that are engaged in cloud crypting. She takes money first and then disappears. And you can not prove anything.  >:(

I suppose we will move from the traditional mining to the cloud mining the future, as the cost of the tools for mining and the electricity power are rather expensive today, but it should be more developed.

Well, I agree with most here. There are quite a few scammers out there. You will never see one satoshi back from them.
The legit ones are barely profitable. I think that investing with a low risk profile is more profitable (but not free from risk of course)

In this case, you need to specify from different offices how much power they can give you for such money. Choose is the most profitable, but at the same time tested variant.

Let's not be moronic douche bags while giving advice, please.

I do not think the current cloud mining is no longer can be believed they are completely like a ponzi scheme and there is often a scam so you better avoid it than you lose the assets you have.

Yes, most of the people don't understand the logic behind it but once people start investing many people will join in the same program. The major problem is if they really have good equipment definitely they will make money without us. I think it is just like a revenue sharing program.

Yes and this is a fact that has happened, I advise you to not participate in cloud mining because it is very risky to your assets,

This is another example why cloud mining is very, very, very risky
https://cointelegraph.com/news/cloud-mining-platform-hashflare-stops-services-disables-equipment-on-sha-256-contracts

So most of these "cloud" mining is a ponzi scheme so be careful with that.

Cloud mining is a deception. Soon many will go bankrupt. Trusting them is a big mistake. Mine yourself. I do it in my office.

They do already gradually showing off their true color and the sad thing is that they do able to accept investors while they are not already profitable which is always been a shady act for them to be done and now they are already terminating it and very sad for those who just recently invested without any knowledge or awareness on whats currently happening on mining matters.
Its being said or advise for how many times that cloud mining isn't really profitable but people do still continue to invest.

I think that Cloud Mining is a very profitable business, but it's worth investing a lot to make a lot. It is better to collect mining. It's safer when your investments are in your hands, not strangers.

So far cloud mining become less productive, but I am not saying it is zero, but most of the miner's owner is just to scam people using the cloud mining, so you should observe first before putting your money!

LOL  ;D ;D ;D ... WRONG!

you should not be too confident with cloud mining because it is very much a cloud mining that went bankrupt and bring all the money from investors, so you better not be affected by cloud mining.

I think you better avoid cloud mining in google and some other media because I think cloud mining is just implementing a scheme like ponzi so money owned by others will be used to pay you and could at any time will make you suffer a very loss many.

They aren't really bankrupt but that's their strategy of robbing their investors money.
If someone is still interested with cloud mining, hold your horses and don't be fooled with their contracts and unrealistic gains that they are posting.
Don't be interested with any of them so you won't fell to any of their scheme.

At the moment nobody can earn money by investing in cloud mining anymore :). It's not worth that is the reason why hashflare closed their cloudmining because they can't earn enough money to pay for investors because difficulty level in Bitcoin mining is increasing very quickly.

The profit of cloud mining is not high. If you want to do this, consider the following points when looking for a cloud mining supplier:
1. Transparency. Check whether the company's qualifications and financial status are transparent. Check the quality and operation of the mining machine. Clear contract details.
2. Profitability. Read the company's income calculation formula.
3. Features. Is it possible to make daily real-time payments?
4. The ease of use of the platform. Company popularity, security level and reliable contracts.

you should first look at what cloud mining you want to buy, because at this time cloud mining a lot of who do a scam so you better be careful because you give money or assets you have in others, you better buy your own mining tools because I'm sure it will be safer.

All the Cloud Mining companies are cheaters. I think you should mining yourself as your friends said. I've experienced this situation before.

Kelta looks good.

Some of them are such a waste of time and even if it is legit you only earn a little amount which is not actually enough to regain your effort, not like participating bounty campaigns or joining airdrops which is free at it gives more opportunity than losing your time and money investing in ponzi schemes sites.

Just answer only one question - why none of people who offers you this sound like diamonds nice looking cloud mining investment opportunities have not described yet the very simple question:

when you do have a mining firm in what way it is possible to have more profit when lend capacities than just use it for mining and accumulate 100% profit?

Absolutely agree, it's not safe.

I'd say it's pretty unsafe, especially with current market, you could lose a ton of money, provided that they don't scam you in the first place. A good rule for crypto is: do it yourself.

You wouldn't know your ass from your face, but at least you know to not invest in cloud mining.  Good for you.   ;D ;D ;D  Tell us something we don't fucking know.