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Economy => Service Discussion => Topic started by: Thekool1s on November 28, 2014, 08:56:19 AM



Title: which is the most legit cloud mining service?
Post by: Thekool1s on November 28, 2014, 08:56:19 AM
Question is simple like which will not turn to scam or has very less chances for turning into scam?
I am new to mining can you also tell me what would a good and realistic Ghs/Btc rate would be?


Title: Re: which is the most legit cloud mining service?
Post by: dbshck on November 28, 2014, 09:01:39 AM
Check out this thread, might be very useful for you :)
https://bitcointalk.org/index.php?topic=860400 - Cloudmining 101


Title: Re: which is the most legit cloud mining service?
Post by: Amevalentine on November 28, 2014, 10:03:09 AM
Check out this thread, might be very useful for you :)
https://bitcointalk.org/index.php?topic=860400 - Cloudmining 101

Thank you for this help infos


Title: Re: which is the most legit cloud mining service?
Post by: trafficriderx on November 28, 2014, 11:02:58 AM
Check out this thread, might be very useful for you :)
https://bitcointalk.org/index.php?topic=860400 - Cloudmining 101

Don't look on that thread please! This is just opinion of one guy and he think that all Cloud mining services are scams..

Read this thread:

https://bitcointalk.org/index.php?topic=739510.0


Title: Re: which is the most legit cloud mining service?
Post by: LOBSTER on November 28, 2014, 12:40:51 PM
https://cex.io/cloud-mining <--- one and only trustful service!


Title: Re: which is the most legit cloud mining service?
Post by: dbshck on November 28, 2014, 02:32:09 PM
Check out this thread, might be very useful for you :)
https://bitcointalk.org/index.php?topic=860400 - Cloudmining 101

Don't look on that thread please! This is just opinion of one guy and he think that all Cloud mining services are scams..

Read this thread:

https://bitcointalk.org/index.php?topic=739510.0

He said at least 5 services are legit based on his criteria. And I think those criteria are valid to spot a ponzi scheme.
Code:
GAWminer              1+4+5+~7           => 4/7 = Possibly legit
genesis-mining        1+4+7              => 3/7 = Probably legit
Megamine.com          1+4                => 2/7 = Probably legit
Cex.io                4                  => 1/7 = Legit
KNCloud               7                  => 1/7 = Legit
Hashnest(*after merge)                   => 0/7 = Legit
AMhash                                   => 0/7 = Legit
Cryptx PETAmine                          => 0/7 = Legit


Title: Re: which is the most legit cloud mining service?
Post by: shanem on November 28, 2014, 02:35:55 PM
Cex.io is the best but you need to be careful of the price you bought in.
Cloud hashing is always downtrending due to the increase in difficulty. If the price is too high, you should wait for it to drop.


Title: Re: which is the most legit cloud mining service?
Post by: anshar on November 29, 2014, 09:26:03 AM
cex.io is the most common.

New ones include: cloudminr.io or cloudmining.website


Title: Re: which is the most legit cloud mining service?
Post by: raskul on November 29, 2014, 09:37:33 AM
the only truly legit cloud mining operations are those which allow you to change pool.

even if the operator of the cloud you are buying into has hardware and runs a viable mining operation, it's still not a cloud service, it's just mining pool to which you pay to mine at (example KNC, etc).

real cloud mining should always be done p2p - nicehash is a good example of this, or betarigs, or leaserig.

i'd advise anyone thinking of investing in any kind of cloud mining think to yourself - do you really want to be limited to the single variance of the cloud operators pool?


Title: Re: which is the most legit cloud mining service?
Post by: BitCoinDream on November 29, 2014, 11:00:42 AM
Question is simple like which will not turn to scam or has very less chances for turning into scam?
I am new to mining can you also tell me what would a good and realistic Ghs/Btc rate would be?

U might like to check www.cmmonitor.com. They have invested themselves in multiple cloud mining operations to report about them. There are multiple sort criteria as well...

BY DATE | BY POPULARITY | BY NUMBER OF VIEWS | BY COMMENTS | ALPHABETICAL


Title: Re: which is the most legit cloud mining service?
Post by: mezmerizer9 on November 29, 2014, 02:04:45 PM
Question is simple like which will not turn to scam or has very less chances for turning into scam?
I am new to mining can you also tell me what would a good and realistic Ghs/Btc rate would be?

The most legit would be IMO, CEX.IO but also the most expensive. You can also try pbmining or hashprofit (IT'S NOT A PONZI) but they have contracts where you can't sell you mining power for some time. I'd suggest you to stay away from cloud mining if you don't have some bigger investments to put in.

Also, check this site out http://www.bitfever.org/bitcoin-mining.html (http://www.bitfever.org/bitcoin-mining.html)


Title: Re: which is the most legit cloud mining service?
Post by: Demille on November 29, 2014, 02:18:28 PM
I like Gaw miners. It's legit in the sense that you get paid but people have been complaining about them recently so there could be trouble in the future, but  they're not one of these anonymous fly by night cloud companies.


Title: Re: which is the most legit cloud mining service?
Post by: BitCoinDream on November 29, 2014, 02:43:00 PM
Question is simple like which will not turn to scam or has very less chances for turning into scam?
I am new to mining can you also tell me what would a good and realistic Ghs/Btc rate would be?

The most legit would be IMO, CEX.IO but also the most expensive. You can also try pbmining or hashprofit (IT'S NOT A PONZI) but they have contracts where you can't sell you mining power for some time. I'd suggest you to stay away from cloud mining if you don't have some bigger investments to put in.

Also, check this site out http://www.bitfever.org/bitcoin-mining.html (http://www.bitfever.org/bitcoin-mining.html)

How do u come to the conclusion that hashprofit is not a ponzi ? Moreover the bitfever list is very small and quiet incomplete.


Title: Re: which is the most legit cloud mining service?
Post by: M8 on November 29, 2014, 05:32:02 PM
What I don't understand about these cloud mining companies is why they don't just mine themselves instead of giving their profits away. That's why they look like ponzis because people think they don't even have any equipment and are just paying out of the money put in.


Title: Re: which is the most legit cloud mining service?
Post by: BitCoinDream on November 29, 2014, 05:44:29 PM
What I don't understand about these cloud mining companies is why they don't just mine themselves instead of giving their profits away. That's why they look like ponzis because people think they don't even have any equipment and are just paying out of the money put in.

If I accept your logic, then no ASIC manufacturer should have shipped their product. They built and mined for themselves.

p.s. There is an initial cost for everything that needs to be covered. That is why businesses go to public.


Title: Re: which is the most legit cloud mining service?
Post by: LiteCoinGuy on November 29, 2014, 06:55:55 PM
Not gawminer i would guess...

https://bitcointalk.org/index.php?topic=875487.0


Title: Re: which is the most legit cloud mining service?
Post by: notlist3d on November 29, 2014, 07:07:38 PM
I'm more into hardware miners myself.   My advice is if someone uses a referral code when talking about a service take the advice very carefully. 

On most "legit" I prefer one that has shown pictures or something.   A don't go into proving they are not ponzi.


Title: Re: which is the most legit cloud mining service?
Post by: Johny Depp on November 29, 2014, 07:26:29 PM
I'm more into hardware miners myself.   My advice is if someone uses a referral code when talking about a service take the advice very carefully.  

On most "legit" I prefer one that has shown pictures or something.   A don't go into proving they are not ponzi.

Picture ?? ....LMAO ;D

They just caught bitcoincloudservices.com using 3D image to show hardware rack. The only thing that is acceptable is a in person video with location details. Anything below is a SCAM, just their levels are different.


Title: Re: which is the most legit cloud mining service?
Post by: BitcoinExchangeIndia.com on November 29, 2014, 07:29:13 PM
Question is simple like which will not turn to scam or has very less chances for turning into scam?
I am new to mining can you also tell me what would a good and realistic Ghs/Btc rate would be?

If u go for a brand, which has public visibility, go for CEX.io

If u go for rate, try cloudmining.website


Title: Re: which is the most legit cloud mining service?
Post by: sl@ppy on November 29, 2014, 09:18:36 PM
I am new to this and have been reading a lot researching mining. It is pretty complicated and not an easy answer. People mention CEX and Gaw, they dump a lot into advertising, and there are strange things going on at the top level of both. Boasts and promises that only time will tell. Like any service, go with what makes sense to you. It will always get more expensive due to always getting harder to calculate.
As for why sell mining services instead of just doing it themselves, this is from hashprofit faq
'Our main mission is to develop cryptocurrencies market for all over the world. We're getting our profits anyway, using part of hashrate for needs of the service and with fees (20%) from our users' profits. Larger half used to develop our company further.'
It is one explanation.


Title: Re: which is the most legit cloud mining service?
Post by: grosminer on November 30, 2014, 12:47:12 AM
It's complicated to know which one is "THE" most legit

I just want to use one that is profitable for me.. legit or not i don't care ;)



Title: Re: which is the most legit cloud mining service?
Post by: Testing123 on November 30, 2014, 02:42:14 PM
It's complicated to know which one is "THE" most legit

I just want to use one that is profitable for me.. legit or not i don't care ;)

Well if you use a non-legit cloud mining site, you may be able to get a good profit at first but the site could vanish at any moment. ;)


Title: Re: which is the most legit cloud mining service?
Post by: raskul on November 30, 2014, 02:45:25 PM
It's complicated to know which one is "THE" most legit

I just want to use one that is profitable for me.. legit or not i don't care ;)

Well if you use a non-legit cloud mining site, you may be able to get a good profit at first but the site could vanish at any moment. ;)

like the one in your sig is destined to do ?

 :D


Title: Re: which is the most legit cloud mining service?
Post by: grosminer on November 30, 2014, 09:34:14 PM
It's complicated to know which one is "THE" most legit

I just want to use one that is profitable for me.. legit or not i don't care ;)

Well if you use a non-legit cloud mining site, you may be able to get a good profit at first but the site could vanish at any moment. ;)

like the one in your sig is destined to do ?

 :D

For now, GAWminers seems legit..


Title: Re: which is the most legit cloud mining service?
Post by: BitcoinExchangeIndia.com on November 30, 2014, 11:14:54 PM
It's complicated to know which one is "THE" most legit

I just want to use one that is profitable for me.. legit or not i don't care ;)



If profitability is your only motto, then cloudmining.website is your way to go. If u r looking for feedback about them, check https://bitcointalk.org/index.php?topic=844310.0


Title: Re: which is the most legit cloud mining service?
Post by: monetizator4 on November 30, 2014, 11:42:33 PM
IMO the most legit is Cex.io
That's why it is less profitable:)
The most profitable now is something like hashprofit. I almost sure it is hyip, but it pays now and will pay some time more.


Title: Re: which is the most legit cloud mining service?
Post by: BitCoinDream on November 30, 2014, 11:59:10 PM
IMO the most legit is Cex.io
That's why it is less profitable:)
The most profitable now is something like hashprofit. I almost sure it is hyip, but it pays now and will pay some time more.

Did u say less profitable ? From when -ve earning is less profitable ? It is simply loss.

-snip-

Can someone tell me why I got -0.010100 btc after mining for a week in cex.io?  I have 500 ghs.


Title: Re: which is the most legit cloud mining service?
Post by: monetizator4 on December 01, 2014, 12:15:48 AM
IMO the most legit is Cex.io
That's why it is less profitable:)
The most profitable now is something like hashprofit. I almost sure it is hyip, but it pays now and will pay some time more.

Did u say less profitable ? From when -ve earning is less profitable ? It is simply loss.

Yes, you are right:) You cannot earn money using their mining.
But you still have two ways to receive some profit from cex.io:
- attracting referrals
- selling your ghs at a higher price than they were bought.


Title: Re: which is the most legit cloud mining service?
Post by: Candystripes on December 01, 2014, 12:54:14 AM
I would suggest to use bit-x.com, it is by far the best one I have ever used. The design is amazing, the actual system is great, support is great, and it's legit.

http://bit-x.com , you won't regret checking it out!


Title: Re: which is the most legit cloud mining service?
Post by: sifter on December 01, 2014, 04:32:18 PM
pbmining.com

Best one I've used so far.


Title: Re: which is the most legit cloud mining service?
Post by: raskul on December 01, 2014, 04:35:34 PM
pbmining.com

Best one I've used so far.

i think that you might find pbmining is close to collapse, if you do your research.


Title: Re: which is the most legit cloud mining service?
Post by: sifter on December 01, 2014, 05:00:21 PM
pbmining.com

Best one I've used so far.

i think that you might find pbmining is close to collapse, if you do your research.


Well I've invested early, I have made my return on my principle.


Title: Re: which is the most legit cloud mining service?
Post by: Drax on December 01, 2014, 05:26:28 PM
Most legit is deffinately related to least anonymous. I'm with LTCgear.com, and really like it, but they can dissapear at any given moment, and noone will know who the owner was. So avoid company's who keep their owners hidden. Find out everything about the owners, if they appear in public their hosting website is most definate legit.


Title: Re: which is the most legit cloud mining service?
Post by: ikydesu on December 01, 2014, 07:54:39 PM
Average of all cloud mining almost the same, it is difficult to choose the most legit.
but possible you should try LtcGear, genesis-mining, zeushash (https://zeushash.com/refer/1uxj16) and hashprofit (https://hashprofit.com/en/registration/?hp=13702).


Title: Re: which is the most legit cloud mining service?
Post by: mezmerizer9 on December 01, 2014, 07:57:03 PM
Average of all cloud mining almost the same, it is difficult to choose the most legit.
but possible you should try LtcGear, genesis-mining, zeushash (https://zeushash.com/refer/1uxj16) and hashprofit (https://hashprofit.com/en/registration/?hp=13702).

Hashprofit may just be the best one, the only downside is that you cant sell your kh/s for another 3 months (you can sell them and withdraw earlier but there is a 20% fee).


Title: Re: which is the most legit cloud mining service?
Post by: Slark on December 01, 2014, 08:02:52 PM
Well, I gathered from my experience that the best option is stick to the most successful companies on the market. I will suggest that GAW miners are good option here. While some people are hating towards them with passion because GAW has some stupid ideas sometime but I think investing in GAW is like buying Apple stocks - it will bring you profit in time.


Title: Re: which is the most legit cloud mining service?
Post by: raskul on December 01, 2014, 08:04:24 PM
Well, I gathered from my experience that the best option is stick to the most successful companies on the market. I will suggest that GAW miners are good option here. While some people are hating towards them with passion because GAW has some stupid ideas sometime but I think investing in GAW is like buying Apple stocks - it will bring you profit in time.

quoted so we can all have a jolly good chuckle at how gullible you are  :D


Title: Re: which is the most legit cloud mining service?
Post by: Snipe85 on December 01, 2014, 08:11:46 PM
Some people (like the person above me) are obviously against the whole concept of cloud mining. Stay on topic people. The question is not if cloud mining is evil or not, but which one can be trusted.
If you don't like the concept just go cry in a pillow, because whether you like it or not it's here.


Title: Re: which is the most legit cloud mining service?
Post by: raskul on December 01, 2014, 08:13:19 PM
Some people (like the person above me) are obviously against the whole concept of cloud mining. Stay on topic people. The question is not if cloud mining is evil or not, but which one can be trusted.
If you don't like the concept just go cry in a pillow, because whether you like it or not it's here.

there can be only one™


Title: Re: which is the most legit cloud mining service?
Post by: ikydesu on December 02, 2014, 06:19:51 AM
Average of all cloud mining almost the same, it is difficult to choose the most legit.
but possible you should try LtcGear, genesis-mining, zeushash (https://zeushash.com/refer/1uxj16) and hashprofit (https://hashprofit.com/en/registration/?hp=13702).

Hashprofit may just be the best one, the only downside is that you cant sell your kh/s for another 3 months (you can sell them and withdraw earlier but there is a 20% fee).

Yes maybe.
kh/s price not too expensive, stable profit and always have discount every 2 days. You can get free 200kh/s for 7 days if you register(if you don't mind, you can register with my link reff :P)


Title: Re: which is the most legit cloud mining service?
Post by: avw1982 on December 02, 2014, 09:22:32 AM
I'm using Cointellect. (http://cointellect.com/?code=d4bf0ce9) Got just good experience with them.


Title: Re: which is the most legit cloud mining service?
Post by: sifter on December 02, 2014, 01:36:30 PM
I'm using Cointellect. (http://cointellect.com/) Got just good experience with them.

Please remove your ref link,
Don't hide your ref links.


Title: Re: which is the most legit cloud mining service?
Post by: monbux on December 03, 2014, 12:15:42 AM
cex.io honestly just doesn't make you any money.. I'm using hashnest and AMhash (on hashie.co) :)