I made good experience with miningrigrentals.com. But it highly depends on the coin and the current difficulty if you could mine profitable or not.
This is rental service not cloud mining. Also with rentals you pay higher rate to mine then you make (almost always due to the price of rentals). But the only cloud mining site I send people to anymore is hashnest. It is not going to run or turn ponzi. But I still push for owning hardware and hosting somewhere anymore more then cloud. I think your better off long term owning the gear. I agree but: do you know any reliable hosting? I meant, come on, anything out there smells like a scam until proven to be legit: none of the known hosting companies look so reliable to me, to not make me think one day they would disappear to the hell with my hardware. |
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I'm mining with the S7 and now I'm profiting half what it mines. For now I don't know about any new hardware, but I know that once the halving goes on my miners will become unprofitable...
I haven't decided my next move yet.
Are you\ or if you were on a similar situation?what would be your next move?
I saved some to get ready and doubling my miners. Yes i get the same with S7, around 45%-65%. Im just waiting if these 14nm things are coming out. And i hope price rising will help me too! |
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freelancer style websties work too yes. I found that github project interesting on developer team side as well: you can issue your own rewarded jobs on yoru project on github, using git-money. I been a part of an opensource MMORG game hosted on github and i have to admit: if we had this, it would have been so easier to have a track of allowed pull requests/rewards. |
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The only one i would recommend if you really want to try it, is hashnest. Backed from one of the largest pools (antpool), hardware builders (antminer) and you have an exit if you need yoru money back: hashnest marketplace.
Actually it only worths using S7 hash, as of TODAY (caps intended because tomorrow it may change) i getting a 10% monthly of principal. Profit/maintennance is about 45% so for each mined bitcoin i get 0.65.
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I suggest you remove Signature Campaigns as a way to earn bitcoins.It dissolves the entire purpose of this forum.The main objective is to contribute to the forum constructively ,you get few bucks for it,its just an advantage and not something your livelihood should dwell upon.People just come here for signature campaigns ,in fact people want to join such campaigns to earn bitcoins without having a clue how it works.This topic will be searched throughout google,don't want you to mislead a lot of young minds to dwell on signature campaigns without having a clue how bitcoins work.I request you to remove signature campaigns.
So i edited OP since i see a lot asked to include faucets (despite my fingers cant really stand the captcha solving thing but i see from comments it is propably just me  ). I also quoted KenR and updated OP (thanks KenR for bringing this up) since i kinda see his point: SC are not Bitcoin's related themselves, but they are more something used in this forum only. so thumbs up on that but, as usual, i'd like to hear from other members before to decide to remove SC from OP (kinda same happened with faucets: initially i didnt mind to include them in the list but i HAD TO because of folks request  ) Hamu |
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...many of us got our first taste of bitcoin through mining at home. That could be the best way to get started because you learn how it works a lot better than treating it merely as a currency or a poker chip.
I totally agree with you! I miss my GPU fans lullaby Unfortunately electricity costs are not the best where i live so i had to look for an host. Actually 10% ROI of invested principal is back to me every month. Not bad i guess. Hardware is S7. Anything lower give bad returns even with cheap electricity  Looking forward to next generation chips. |
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very good analyze,but why dont you put faucet rotator to your seriously earn bitcoins?
i think people who concern earn bitcoin fromfaucet also will have good income,they earn btcoin with serious way,adding so many faucet on faucet rotator,and i'm sure they can earn big amount of bitcoin each month.
Yes bud faucet rotators save you a lot of time and you can earn a certain amount of satoshis if you finger for an entire month. The problem is i always gave up before to reach the "certain satoshi amount" just because my fingers coudnt react anymore to my commands Jokes apart, yes i mentioned faucets and i think it is a good start for new comers to see how the wallet works and things like that. I wont post any info on faucets and faucets rotators because all of them would be referral links, and that's not fair play on this forum, but everyone can just use the search button here and find tons of those. Thanks for bringing this up! |
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So, i wanted to write this topic because the most noobs very first questions are "how can i earn bitcoins", and 99% of them ends up to the "investor-based games" section (aka scams). Please if you are an experienced member of this forum, help me to complete this topic. Pre-requisites: - No, none of those sites in the investor-based games" are legit, you been warned! A lot of experienced members will warn you to not use those websites as they are scam. Please listen those suggestions and no: hashocean is not legit, doubleyourbtcinhours is not legit, ponzis are not legit: they are scam and they will eat your money and if you will continue to support/participate in those frauds, you will loose all your money or if you ROI, you would only have stolen other users money and be tagged with negative red trust on this forum. I been asked:"if they are scam, why moderators dont delete/ban them". Because moderation policy of this forum is not to delete those scammers but to let you use your brain and train you to stay away from those "too-good-to-be-true" stuff. Again: before to invest your money in anything BTC related, search for posts on this forum and listen at experienced and trusted members suggestions.
- No, scamming people here or elsewhere will not make you rich and/or you will propably end in jail. Self-explained: if you are here to scam, you are not a pro. You are a miserable unskilled guy, so unskilled that soon or later you will get caught. Despite the international use of Bitcoin, this community is close enough to find out scammers and tag them...trust me: go back home, dont even try here.
Ways to seriously earn bitcoins: - Faucets
- Sell goods for bitcoins
- Signature campaigns
- Mining
- Trading
How to: - Faucets - Faucets are free coins give away to everyone by solving a captcha or visiing paid ads. They give away a few satoshis every x minutes to the same user. You can find a lot of threads abot faucets on this forum. There are also faucet rotators, websites hosting a list of faucets so you would be able to scroll within them without being inactive to wait your claim time is over. You will not become rich with faucets. You can play with faucets to start and study your bitcoin wallet and see how it works but, you wont earn more than some cents and propably your fingers will get tired before of that. Faucets sites are used mainly for advertising purposes.
- Earn bitcoins selling goods - look around your garage, house, grandma wharehouse and see if there are goods you can sell. You might be a programmer even so you could eventually sell your own applications or services. Or maybe you have some old mining hardware or collectibles. There is a marketplace on this forum and personally i check it at least once a day. You will be surprised at how fast you can find interested people to your goods. If you have some money to invest, buy a domain and an hosting, advertise it with a signature campaign in this forum or with google adsense, and accept bitcoin only payments: if you work seriously on it, you would be propably the first case of success here...so you got a lot of room with almost no competitors.
- Signature campaigns - Signature campaigns are a unique feature of this forum. You will not find another forum with active and paying signature campaigns: signatures are those spaces you can see at the end of everyone posts and if you accept to display ads in your signature, you will get paid for each post. Some of them accept newbies but the more you grow your forum rank, the more you get paid. Please dont spam just to get paid: campaign managers will find it out and ban you from their campaign. Write constructive posts, no need to write essays, just dont spam. You have the chance to actively contribute to this community growth and get paid for it: isnt it great? How much can you earn tho from Signature Campaigns? There is a thread on this forum that is continuosly updated with active campaigns, their status and their payouts. Just search for Signature Campaigns and you will see that sticked article. Personally i'm earning 0.008 per post with Bit-X but it is not open to new members for now.
Edit: i see a point on what KenR says: Signature Campaigns are not related to Bitcoin's earning itself, it is more related to this forum feature. So i partly agree with him and i'm going to get some feedbacks before to decide to remove the Sig Campaigns from this list. Please comment and let's listen at others thoughts. Thanks KenR for bringing this up!
I suggest you remove Signature Campaigns as a way to earn bitcoins.It dissolves the entire purpose of this forum.The main objective is to contribute to the forum constructively ,you get few bucks for it,its just an advantage and not something your livelihood should dwell upon.People just come here for signature campaigns ,in fact people want to join such campaigns to earn bitcoins without having a clue how it works.This topic will be searched throughout google,don't want you to mislead a lot of young minds to dwell on signature campaigns without having a clue how bitcoins work.I request you to remove signature campaigns.
- Mining - yes mining is still profitable and the way bitcoin is designed, mining will be profitable for a lot of years, until the max number of bitcoins have been generated (IIRC about 21 millions of coins). Dont mind halving, the price will adjust itself because the universal demand/supply economic law so, the less bitcoins are generated, the more its price will go up (with up and down adjustments tho). All you have to follow is the hardware and the electricity cost: hardware builders like bitmain, bitfury and their competitors, will continue to build new hardware using new technology, so to keep mining always profitable. If they stop is ok, difficulty will decrease making old hardware still good for mining operations, so that's not an issue. Right now antminer S7, avalon and some spondoolies based 28nm chips can give you 10% of montly ROI. Anything lower than that, is a waste of money and electricity, so dont even try. No you cant profit with antminer S5 and lower right now, so dont whine, stop to say mining is not profitable and buy a new hardware . Actually we consider electricity cost lower than 10 cents per Kw, good to mine. So anything around there or lower, will give you good chance to profit with mining operations. If you dont have that cheap electricity cost, you should cloud mine. Cloud mining is still profitable yes, but only with a few companies and hardware: actually bitmain S7 market and BW.com are the only companies that are both legit and provide an exit strategy. Both are behind the best pools and both allow you to sell your hash at user marketplace: so if you need your money, you can get it back whenever you want. I'm sorry for genesis mining and hashflare or other legit companies but, unless they provide an exit strategy, i woudnt invest one cent of mines there.
- Trading - Trading on exchanges like bitstamp, BTC-e and others is good but, please, dont use them like gambling sites: use a strategy. There is a section in this forum with very experienced members that can show you good strategies. Keep calm and pick one, you will earn some good Bitcoins. Personally i like Sampey's CAT automated trading script, if i had enough time i would get some referrals from his bot, he is even a good guy and a trusted member. To show you how profitable would be a trading strategy, i am going to show you what i call emergency trading, that strategy i use when there are those huge red or green candle sticks that cause a lot of panic
The strategy is to transfer your principal from fiat to BTC everytime the candle stick goes green, and viceversa: transfer back your principal from BTC to fiat everytime the candle stick goes red. So here is a simplified schema:
BTC USD BTC/USD Price Action USD VALUE
1,000000 0,00 400,00 -10% Sell 5% 400,00
0,900000 36,00 360,00 -10% Sell 5% 360,00
0,810000 65,16 324,00 -10% Sell 5% 327,60
0,729000 88,78 291,60 -10% Sell 5% 301,36
0,656100 107,91 262,44 -10% Sell 5% 280,10
0,721710 88,97 288,68 +10% Buy 10% 297,32
0,793881 66,05 317,55 +10% Buy 10% 318,15
0,873269 38,32 349,31 +10% Buy 10% 343,36
0,960596 4,77 384,24 +10% Buy 10% 373,87
0,971876 0,00 422,66 +10% Buy 10% 410,78
Look at USD VALUE column: we faced up a huge red candlestick and then a huge green, by selling 10% of BTC everytime the price ticks -10% and bought 10% everytime the price ticks +10%. At the end of the swing we got a total of 410,78 dollars worth of our assets value vs initial 400 USD.
This is a strategy i use when i panic and i used it just to show you how you could use a strategy to not "gamble" with your money, so it is not meant for daily trading strategies. In the trading discussions sub you can learn more complex and more profitable strategies.
This is it, actually these are the only legit ways to seriously earn bitcoins and that i personally tried with success. I hope other members will add their experiences helping everyone to make Bitcoin community better and avoid days of wasted time (and money) to newbies (and over  , me included) Hamu |
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I mention price growth cause of the fact daily BTC supply will be cut in half. Current supply is covered with current demand and the price s more less stable, in equilibrium. What happens if u would cut daily supply in half tomorrow? The price should go up. Economics 101.
I totally agree: cut supply and even if demand stays flat, you have a price rise. There are some other players tho, that would push price down: mining difficulty, unprofitability of old hardware etc. So yes, price up but not that much as expected or wished: i say 500-800 is a good start. Another jump will come on the scene when all 14-16 nm chips will pop up. |
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Dear forum users! We will give a free 40 Euro (or 45 usd) gift to any forum member who is willing to vouch for our service! Just comment below with the product URL of your choice  Edited At first you posted this which clearly says to ANY forum member. Then you regret and just threw out 20-30-40 bucks total to ONE forum member only. Now you want to collect ANY forum member real life informations... You know what? Dont take my URL post in consideration and no: unprofessional approach for your startup bud. Want to attract some buyers here? Hire an escrow from this forum escrow list and make him hold people BTC from your website orders, cuz without it, i aint gonna order anything from your website. I suggest you to lock this post or you gonna shine red soon. |
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That might be what the announcement was about. I had this messge today in my dashboard.
As a token of appreciation for being our valued customer, HashNest would like to issue you a special $115 discount coupon towards the purchase of a new Antminer S7. All customers who purchased an S7 in SHOP are eligible for this promotion (S7 purchased from MARKET are beyond the promotion) . One S7 hold can receive one coupon， for customers who hold on1150G S5 hash power are also involved in .
To take advantage of this limited time offer, simply log in to your HashNest account and go to the [coupon ]button which will appear under the [talk ]button. On this page you can view any coupons that have been added to your account. If you’re eligible for the promotion, the coupon will be automatically deposited -- no further action is required to get this offer.
For S5 hashing holders ,you can claim the coupon for purchase S7 instead choose to redeem them. Also , One S5 redemption can convert one S7 coupon.
Coupon redeem period: between April 1, 2016 and the end of S5 redemption.
Coupon Expiry date : It will last 40days since you get coupon.
The coupon can not transfer,withdraw and transact into others. HashNest reserve the right to explain the terms of the event.
Don’t wait to take advantage of this special deal. Stock is limited and the coupon will expire in a few weeks.
As always, HashNest values your loyalty and we look forward to building lasting relationships with all of our customers. This coupon is one way we can say thank you for making what we do possible.
All the best,
HashNest
Yes got the same, so that's both S5 redeem announcement and S7 coupons... |
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So, what s the news? Any confirmation?
Not yet, i will update here if i get any private message from them. You shoudl be able to see their news @bitmaintalk too (ref https://enforum.bitmain.com/ ) |
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Not sure why but...let's see https://www.bitmaintech.com/productDetail.htm?pid=00020160307072415240XwaQIqfF06D3If it arrives i will vouch you. Besides that, if you truly want to add some trust to your company (which i think it is an excellent business idea) start from canonical rules: buy an ev SSL for your website and add RELIABLE datas about you, your company, your licenses, a verifiable address, tax etc. Good marketing tho: once i got a mail with one physical buck into it; it was a company offering me a coffee while i would call them and listen to their proposal...i called! |
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I can understand you lease hash from 3rd parties but: - You (or mentioned 3rd parties) are pointing your hash to mining pools you can mention and disclose here (for example blocks/shares found/sent)
- You surely know what hardware you are leasing from those 3rd parties and disclose fees/costs related to those hardware maintenance/cost.
- All known 3rd parties, have an active and working API you should provide to proof you are legit (didnt find any on your website)
- Mentioned above points can generate statistics (per user and global) that you should disclose (here and to your customers)
- anyone with a little experience can keep this list going...
If you cant provide any of those, 2 cases may apply: CASE A: you dont know how to complete the checking list above...so, hire any experienced member on this forum and they will show you how to. CASE B: YAS (Yet Another Scam) |
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how much earn in month with 20KHs+15KHs free?
with 35 kh/s you can earn: a day 0.00025312 BTC $0.11 a week 0.00177184 BTC $0.74 a month 0.00759360 BTC $3.16 a year 0.09238880 BTC $38.47 for 2 years 0.18477760 BTC $76.94 But this is according to current difficulty which goes on increasing and the earning decreasing overtime. That is why reaching ROI takes more time than estimated by them. So keep that in mind. Please reword it to: "how much to steal to other users in one month with 20Kh/s+15 free Kh/s?" Using the right terms is important... |
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tryed to contact the support few times becorse of pending transactions but no response -.-
you can tryed it again, i have some problem in last month but i get reply in 30minute, te support is fast responds, that's why im still use xapo. I confirm: their support is very fast. Even the worst issue i had (BTC disappeared from my balance after 8 confirmations on blockchain) got a solution in less than one hour. They have even a whatsapp and wechat line rather than the canonical support email: they answer very fast. |
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all the while i was on hashnest every single big news was bad news!
with the diff bull run of past few months many ppl (including me) lost tons of coins, even if they were day trading ghs!
eventually i managed to somewhat cut my losses and pull out.
Have you got any valid alternative? I see BW allows hash trading+mining too...? |
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Perhaps they have developed a more efficient miner than S7 using BW chips. On the other hand they might have decided to go private and sell your hash back to you at what they consider a fair price then mine for themselves only.
Uhm...yeah maybe...while we wait for the big news (hopefully not big dramas) i just applied rule of thumb uh "never risk more than you can afford to loose" hence > on 2016-03-23 21:01:15
Your withdrawal of 10.0731773 BTC has been completed
I will decide after their big news if i will buy hash back at what i consider a fair price...and soon as that notice came out people started to sell their hash, price has fallen from 0.00040 to 0.00033 per Gh/s at their marketplace. Definitely they need some better marketing managers... |
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