Bitcoin Forum

Anyone know which site like cex.io but cheaper ?

Need to be trusted

I suggest you wait on cex.io, prices will drop to around 0.01-0.015 and it was stabilize around there. That's my guess though.

I already bought a lot and its dropping a lot :(

Sell immediately and wait for the price to stabilize. Dump before it's too late, or give it to me!

cex.io is trash..  so if you're looking for 'best cloud mining other than cex', then you'll find even more trash

Any suggestion on cloud mining ?

And where is the cheapest cloud mining now .

scrypt.cc ... They mine scrypt and sell it for BTC.   You are paid every 10 minutes.  Returns have been running .5% a day.  Very boring compared to cex.io.

https://www.havelockinvestments.com/fund.php?symbol=B.MINE

Currently 40% of the price of cex.io, 0.043btc for 5ghs, and no maintenance costs/ electricity costs...as its synthetic.

Check out PETA from Havelockinvestments.com also.  Another one is Picostocks.com.  

https://bitcointalk.org/index.php?topic=310783.0
https://bitcointalk.org/index.php?topic=140366.0

They've been doing very well for me.  

I also have cex.io ghs, but I bought too much too early at high prices.

Just send me bitcoins, I'll return small amounts to you and claim it's profits from my mining farm, after several weeks you'll be so happy with your mining "profits" that you'll be convinced I am legitimate, and you'll invest more + and refer other people.

I'll sit on an ever growing pile of bitcoins from wannabe miners, paying them a small percentage of their own money, until one day I disappear with it all.

OR just buy your own damn miner, because I cannot find a single mining website that is going to make you money. If it could make you money they wouldn't sell it, and if they are selling it for less money than they could make mining it themselves it's because it doesn't exist.

A typical old school miner viewpoint that really doesn't show an understanding of how business often works.   There are many reasons to sell out some of your mining resources if you have a lot, but a key one is that you reach a point where you can build up mining resources much cheaper than a lone person can.   At that point you can sell mining resources to raise capitol so that you can expand faster than you could by simply reinvesting.  Doing this results in faster growth and reduced risk.   The business is trading what it is good at for faster growth and actually higher profits.

In the case at scrypt.cc, the Admin has stated they are using GPU miners and have ordered a large amount of the ASIC script miners being developed by Alpha Technologies.   That requires a lot of capitol to pull off.   I've also seen multiple chats where advice was being given to customers on how to best set up their GPU systems.    None of that proves it isn't a scam, but there is risk in anything.   There are huge risks in setting up your own mining equipment too.   In the end you have to choose the risks you are must comfortable with. 

The future is with cloud mining, time to get used to it.   

That was my first thought when I heard about cloud mining.  Why wouldn't they just mine it themselves and keep the maximum profits.  Maybe they care about other people so much that they reallly just want to help people by giving them some money; but, they dont believe in charity.  LOL.  My guess is that they are keeping half of the BTC you mine wiht the block of time or elecricity you buy and charge you more than you get backj in bitcoin..  That is the only business model that makes any sense,  No matter how you slice it you are getting ripped OFF. 

Maybe someone can explain this to me and how exactly this makes any sense other than they're nice guys who spend millions of dollars on Hashing equipment and want to give you some of the bitvoins they make.  Yeah right noones that nice or stupid.

Hello folks,


I have tried cloud mining on several platforms but with no real success. The major issue is: The prices for GH/s are way too high (especially on CEX.IO).

So I read loads about other services and finally have decided to take the risk and bought 1 TH/s at http://pbmining.com?ref=iflash11 (http://pbmining.com?ref=iflash11) (yes, there is a referral link connected).

I had contacted the site support and got a swift reply. The money transferred had been turned into the mining power within less than four hours (they claim it could take up to 12 hours).

So far, so good. It will take a good while until I break even and I will report on the outcome on a regular basis. I think that's the only way to find out if it's worth a try or not.

I know that some people fear it might be a ponzy scheme. To this day I can not share this view. At the moment it all looks legit to me (otherwise I would not have invested nearly 9 BTCs) in this.

But we will see. I will keep on reporting.

Best

iFlash

You might be right, but I'm willing to bet 1 bitcoin that the majority of these firms that are popping up disappear with the funds.

Especially the ones who refuse to show they even own a miner, or have ever generated a coin...

Since you're a customer of theirs, and they refuse to show proof of generation of coins to any non customers, could you help us out by posting a link to the wallet you use? At 1/th you should be getting around 0.13 btc a day, can you show us this being deposited as newly generated coins?

Heres a transaction I received in mining

https://blockchain.info/tx-index/21d59e261bdb4da5c318d1ed563f3d526593647eb01ead0364e6de9d660cbe89

There's no reason to not post it publically, all the big pools do the same.

Hi Piggles,

sure I can do that - I do not see a reason why not. So once I receive my first payment (as I understand it they pay on Sundays, midnight) - what information would you want me to share?

I do not see in my profile the wallet of pbminer, I just see my stats. You can also see them here: http://pbmining.com?stats (http://pbmining.com?stats) I am customer 2332.

My wallet where the coins are sent to is a wallet of a German Bitcoin-Exchange (that I fully and completely trust).

Best

iFlash

PS: Edit: Now I got it - you want to see MY wallet. Sure. The address is: 1FuhuajieMxPepf324Q5Jqc11evy4HUMsG

On Sunday, the first payment will be done.

Hopefully on sunday we see some freshly mined coins arrive :)

Probably not exactly what you are looking for, but if you do want to get some SHA256 hashing power, here is your chance to get it: http://leaserig.net/index.jsp?t=1

 Well, I vouch for scrypt.cc... looks ugly, but top service.


 I see it this way. KH/GH price is fixed on BTC price. Hodl them, and ride the wave. Cloud mine and you also ride the wave, but with added bonus. If price rises, your KG/GH assets also rise, so when you sell, you also make a profit there.

 I tried with 150€ last week when BTC was around 550, today I have a predicted monthly bonus of 0.03387602. Simple math = 16% interest, not counting selling hash power. Bought at 0.001444 (208KH/s) and now its at 0.00155. Hash power sold out pending level up. So maintaining all variables, in 1 month

208*0.00155 = 0,332 + hash earning (0.03387602) = 0,335387602

at price right now btc-e (649USD) = 217,666 USD

 net profit +45%.

Obviously this number can also be -45% if the market plummets. But so will your Hodl.

 It all just a matter of math and belief.

 I've never had an affiliate in my life as I've never really believed in it, until BTC. Feel free to PM me if you're feeling charitable.

I don't know about the majority of the firms as there are more and more starting to show up.   In any case it is a risk no matter what you do, you have to balance the risk and reward.   I actually do a little bit of mining on my own, but it is limited as my power rates are too high.   Anyway we all know CEX/GHASH is real and at this point I'm pretty sure scrypt.cc is real too.  I haven't started using others yet but I'm looking at them.   Assuming pbmining.com is real, it is really only a bet against difficulty not going up too fast as their rates for just mining are on the higher side.

I suggest try:

http://scrypt.cc?ref=baa9z

Its cheaper than cex.io and safe. Been using it a while now.. Hope it helps :)

We aren't supposed to put referral links in messages.   I believe you can put them in your footer.

You should definetly try Scryptcc cloud mining service.
Instant delivery ;) and payment in bitcoins.

http://scrypt.cc?ref=baars (http://scrypt.cc?ref=baars)

All depends on when you bought it and how long you hold it.
If you bought a month ago (Feb 6) at say .062 and you held until today at .042 you would have lost .02 versus divs that paid .024003.

Price just lowered to $8/GH.

https://contracthashing.com/products/6month/add-1-gh-to-your-account/

I have just transferred over to PB Mining good GHS prices with 5 year contract and good communication, what more to say!  ::)

http://pbmining.com?ref=TheOnion

The problem I have with pbmining.com is you can't transfer or sell your contracts.   So the cheap price of .0083/GHS isn't so cheap.   Granted you should get a positive ROI at some point, but it might be nine months down the road before you have any profit. 

Well I use pbmining as well and I broke even in just over 3 months.
Had only bought 1 ghs so not much profit.

3 times better than what I thought.  It will depend on how much the difficulty changes.   

Since begin of this month https://markets.cx/ (https://markets.cx/) is open.

They state that they are using Gridseed miners for LTC mining.
Hashpower can be bought and sold on their website. The principle is similar as on cex.io.
The current price is around 0.03 LTC per KHs which is not too bad.
I am currently in with a couple of KHs. So far it looks good. The earnings are as they should be.

If they are legit or not I have no glue yet. If you want to test them, better do it with small money.

Some discussion about them is going on here https://bitcointalk.org/index.php?topic=500576.0 (https://bitcointalk.org/index.php?topic=500576.0)

Im cloud mining on Scrypt.cc I have more info on my website here:

http://www.all-crypto.com/scrypt-cc-mine-now/



I will post proof pictures and video soon

cex.io has the new futures contracts. you can pre buy ghs at .8 btc for end of April or .4 for end of may.

Posted From bitcointalk.org Android App

Interesting but it is seems that it is only mining Litecoin.   Seems like there are a lot more profitable coins to mine.

is that site secure? or am i missing something out there;

http://www.scryptcloud.com/

it's words (scrypt and cloud) are so generic so it's too hard to get relevant information about that site on web or bitcointalk.org

You're welcome to look at Coinfirma.  Our rates are simple and straightforward: $10/GH with no additional fees.

Here's a link to our blog that highlights the various kinds of cloud-mining companies and outlines their advantages & disadvantages: http://www.coinfirma.com/4/post/2014/03/bitcoin-cloud-mining-what-you-need-to-know.html

Hope this helps.

PiggyBack Mining have reduced their prices; see my sig for my shameless referral link  8)

Have you tried digitalocean or amazon-aws.

Hi! The prices for GH/s are way too high, especially on CEX.IO.
I had contacted the site support and got a reply. The money transferred had been turned into the mining power within less than four hours (they claim it could take up to 12 hours)...

scryptcloud.com is a scam!

See
https://forum.feathercoin.com/index.php?/topic/6038-scryptcloudcom-legal-action-register-intention/
and
https://forum.feathercoin.com/index.php?/topic/5922-scryptcloudcom-100-scam-details-inside/
and
http://doges.org/index.php?topic=10233.0

Give Eobot.com Cloud Mining a try!  Can get started with $10 using PayPal and Eobot is the easiest, cheapest, and best way to mine Bitcoin, Litecoin, BlackCoin, Namecoin, Feathercoin, Dogecoin, NautilusCoin, Darkcoin, and Vertcoin.

I think the term cheapest isn't valid as places like pbmining.com are a lot cheaper for mining BTC.  (Right now CEX.io is slightly cheaper than Eobot.com) However it is very interesting and you can switch coins easily which is innovative.   All in all Eobot does look very interesting.

PBMining has the best price per GHs. But it's not a trading site. You buy your GHs and hash for 5 years. 90% of your return on investment will probably be in the first 6 months. Do the math and it might actually be worthwhile. I made a sizable investment (for me) a couple of months ago and I've earned about 60% of my initial investment back so far.

lol, that's putting a lot of trust into a place to still be around in 5 years.

cryptsy's mn1 and mn2 can be traded, and right now 10ghash is priced at .073 , which is essentially the same price it is on cex.  the difference is that cryptsy doesn't take away 35% in maintenance fees, like cex does.

Lol, this argument again? Most of your return will obviously be weighted at the beginning of the term. After a year, you will see very little return because of difficulty adjustments.

With PBMining, you are purchasing a 5 year contract. You don't get your original investment back at the end of the 5 years. So your point isn't really valid.

Really, PBMining could have made this a one year contract and it would return about the same. The last 4 years of term will see just a trickle of Satoshis per week. But that's the same result that you would get if you invested in mining gear.

And if he did hold it up to now, he would got about 0.0717 in divs, and still sell it now for 0.0213.
0.03 btc, or 50% profit in 4 months.

just marketing trick for noobs
5 years sure better than 1 year
but in term of bitcoin mining, 4 years after the first year is only get dust "satoshi"

havelock b.mine is a very useful stock but its a gamble since it will ALWAYS go down over 2-3 weeks. You can make a significant profit on it but have to know how to play it. CEX seems to be able to hold steady for a lot longer but their maintenance fees are a huge killer and profitability is pretty much gone. Pbmining and sites similar offer cheaper rates but you are locked in unless you want to trade/sell your account.

What argument was I making, exactly?  That it's a rather large leap to assume that some place will still be paying you five years from now?

What does PBMining and a 5 year contract have to do with the point I was making?  My reply to the PBMining post was "lol, that's putting a lot of trust into a place to still be around in 5 years.", the next statement was in response to the topic, "Best Cloud Mining other Than cex.io".  

Since we're living in Fantasy Land, I'll point out that Cryptsy's is a lifetime contract, which, well, is longer than 5 years.  Since PBMining will still be around in 5 years, I don't see any reason to think that Cryptsy won't also still be around in 5 years.

Again, Cryptsy's MN1 and MN2 are a better value than CEX because they contain no maintenance fee. That makes them ~30% more valuable, yet they both are trading at around .007BTC per GH.  What's your argument about that statement?

(and I don't have interest in any 'cloud' mining shiat)

The point I'm making is (and this applies only to PBMining)... who cares if they're around for 5 years? Your return will come in the first year and after that will be Satoshi dust. And you're not tying up your money for 5 years because you're not getting the initial investment back after the 5 years is over anyways.

Really, the "5 year" thing is a needless gimmick. In fact it's probably hurting their sales because so many people just can't wrap their head around the concept.

It's more akin to buying a miner and owning it for 1-5 years, hosting it in datacenter and not having to pay any hosting fees. And at the end of the miner's useful life, you just toss it in the trash. Unlike owning an actual miner, you have nothing to resell on eBay or wherever. But I think we all know now that after a few months of mining, second-hand gear is virtually worthless. So that's not really much of a downside anymore.

Btw, the current price at PBMining is 0.0041 BTC per GHs.

I have had your service for a few months today i go to log into my account and it is stating my account does not exist. I have emails of payments i have made. Im curious why my account was deleted.

Who are you addressing with your post? No one from PBMining is posting in this thread. You should contact them directly.

I've always wondered, what equipment does cex.io use ??
Surely they must have some custom setup like AM did when they started ???

Any pics of their equipment or data centres ?

Bitfurys. 65nm 55nm custom ASIC, very efficient.
https://bitcointalk.org/index.php?topic=228677.0
http://www.bitfury.org/

55nm

Check my sig

No information?  Just referral links?  That isn't useful!  >:(

Most people have their own favourite, you have to dig a bit yourself and decide.

Not really the point of this thread.   With PBMining.com, I actually haven't heard of a single person making their BTC back.   Tons of reports about things going well a few weeks in and then nothing.   Probably the ugly reality of difficulty changes sink in.   

Where have you read posts that people were receiving nothing from PBMining?! Please link them here if true.

I've had 1190GHs with PBMining since March 28th and have been paid every Sunday like clockwork. And I've had a return of ~66% of my original investment so far. The amount earned does drop every time the difficulty changes but that was to be expected. Will I reach +100% ROI? I guess I'll just have to wait and see. But I certainly could have done worse. At least I didn't invest those BTC in HashFast, VMC or AMT!

Have a look at megamine.com - they offer a 1yr contract for 1Thash (including hosting and power) at $4,200.

This is a lot cheaper than CEX.io
CEX.IO for comparison is 7.39 BTC (approx.$4,700) + $260 a month , so a total annual cost of $7,800

I didn't say they receive nothing, I said I hear nothing.  I'm assuming it is the reduced awards that prompts people to stop talking.   Mostly I see the comments in scrypt.cc chat.   You getting to 66% since March sounds like you have of chance of making a profit.   

pbmining is 4.1 BTC for 1 Thash and that isn't even a sure bet.  $4200 is currently > 6.5 BTC.

1THs at PBMining is ~$2665 at the current exchange rate. And zero fees per month.

PBmining is cheapest, but no transpareny from them until now :(
i still doubt if they have mining hardware, since they never show us anything
why we risk our money for something unclear / no transparency?

Well it would be a simple matter for them to show a wallet where bitcoin awards are sent too if they are really mining.   Has that been done?

nope, they never showed us either their mining hardware photos, pool that they use for mining or coins generated from their mining
many users aksed it since 3-4 months ago and they always denied it, they said that they have personal reason to do that :(
as i see, their weekly payment is not from newly generated coin, it was from mixing coins, so we can't track from where their coin was generated
so, it is possible from their users payment / purchased GHS ;D

Sounding more and more like a Ponzi scheme.   As long as they have more buyers and the buying covers the weekly award, all is fine.   

yeah many people thought like that
you can see their comment here : https://bitcointalk.org/index.php?topic=484355.0
with many reasonable calculations too about their operation
total hashrate = 695 TH/s, but we didn't see 1 hardware at all ;D

i remembered this, when i read your comment, just scroll down to the pictures:
https://bitcointalk.org/index.php?topic=467587.0;all

i thought it was hilarious what they did against this scammer guy. quite good advertising technique too, i must say

Check out eobot, good prices and a nice return if you know what coin to mine. The maintenance fees are what kills cex.io, they really need to do something about it.

I actually prefer hashnest. Its bitmaintech cloudmining so its pretty legit..