Bitcoin Forum

Hello

I have recently heard about this web, does anyone know if it's legit?
Seems too good to be true.

link:https://www.cryptomining.farm

Thanks

If it promises unsustainably high returns then its probably a fraud. I visited their site, They claim that there is no difficulty increase which is an enough reason to reach to a conclusion that they are not really mining. The other things they claim are these: If they were true its impossible for them to profit


Its much better to stay away from any cloud mining and find another way to earn e.g. trading, holding bitcoin etc.

Old known scam. You will not get cashout from 50 GHS and not get back your investment. Keep your funds or invest into well known altcoins or ICO.
Even if you would find legit cloud miners ( I only know two, that still are), you will hardly get profits.

Another new scam in town. In fact it is old enough and they are only changing the name of the websites lately to make them sound beautiful and attracting to people who don't know to what and whom they are running into. These kind of websites are only projected to make money to the site owner.

Almost all the HYIP are gone now. ICOs and the cryptomining/cloud mining thing are the new type of ponzi. Im not telling all of these were purely scam but it is more probably. It is confusing why do they need to get money from shareholders if they can mine it by themselves and take all the profit. Plus the ROI for cloudmining would take 12months. If you can, just setup your own mining rig, less risky since you can sell the parts on some computer geeks whenever you want to quit. Your money, your call.

I was amazed on these two things which would really make them unique among cloud mining websites like genesis and hashflare. Come to think off that they dont charge up or they do have fixed returns since they do said that theres no difficulty increase and theres no maintenance fee? Seriously? how this website would last long if this is a legit one. They are just putting a gun on their own head on the words that they are saying on here and besides all cloud mining are scams so stay away from this one.Dont be fooled on the offers have been mentioned.

I agree with the above comments. I have used about 30 different cloud mining sites and I have run into so many scams. A few things they seem to have in common are just the things this site is offering


Free 50 GHS (Lifetime)

Investment Bonus

No Difficulty Increase = Stable payouts

No Maintenance Fee

I would invest in well-known cloud mining companies. Genesis Mining, Hashflare, ViaBTC, Hashnest and Hashing24 seems legit to me. Remember that during 2017 it was better to hold the coin than invest in cloud mining. However, this will probably not always be true.

I created www.allcloudminers.com to try to separate legit cloud mining companies from Ponzi Schemes. I was so tired of them after I had run into about 30 of them.

Hey don't invest on any cloud mining sites since the legit site not at all available in the online
Most of the site's use to scam the investors by banning the mining account and lock the IP and many more so worst part investing cloud mining.

Again you may find the worst mining site suggestion don't go with that too. Initially you can try mining with GPU mining dude. It is little effective and give little pricy after the electricity.

100% SCAM!!! If they say no difficulty increase, it s not nothing but a lie. Cloud mining websites re scam 99.9% of the time The only one I trust is DMD Diamond!

The most obvious lie is that they're selling lifetime mining contracts. Nobody will ever sell you something like that. You don't know if they'll be online next year and they're trying to make you invest in a lifetime mining contract that you might be using for another 50 years. No legit company will offer something like this!


Only scammers will tell you this.
Guaranteed profits don't exist!

i want to tell you guys, they legit no scam

see this https://steemit.com/investment/@joesdt/nice-investment-of-crypto-mining-today

sorry this looks hardly like a snowball system, and will soon or later end in scam.

avoid pages with this offers !



regards

Yes or yes ... that is your answer ... jajjaja is as if I say sooner or later, we will all die ... well of course it will close, but not by scam, it will close and open another one, because things have an end, that easy is to take shit ... to me that page has made me earn many thousands of dollars, but I also know that I will die sooner or later ... jajajajajjajajajajaja jajjajajajajaja jajajaj ::) ::) ::) ::)

Forms of investment like this are often very dangerous and I understand that most of these projects come to the end that are phishing. Choose a safer form of your long term investment as these projects will not produce good results.

I would strongly advise you avoid anything related to cloudmining. There's plenty of evidence that points to most cloudmining schemes being illegitimate, and there's also been events in the past where cloudmining sites have run off with their user's money, and in the case of this one, they're claiming that this is a lifetime contract- Genesis mining also tried to sell 'lifetime' contracts, and they forced users to upgrade to a new plan, or the users wouldn't get their payouts. An SSL license also shouldn't be something any site should be advertising at this moment in time; nearly all the sites I visit have SSL licenses, and they aren't terribly difficult to obtain if you're running a website.

Scam!!!
Don't try unless your ready to regret it later...
Remember that there is no shortcut on earning crypto except for airdrop... If you want to ear work hard for it and remember not all hard work are paid of.. But still keep pushing...