Cloud Mining Website is decreasing cost of hash power - Why?

[TrustedTrader]

There seems to have another price slash. Now they are selling 10 Ths @ 1 BTC!

ROI within 3 months? Now, that's a pretty lucrative offer.

[crazyivan]

Another scam. No proof of mining whatsoever.

[BitcoinSupremo]

Taken from their FAQ

3.In which pool you are mining ?
 We do not mine at any specific pool with all our hash power. Our miners are pointed at multiple pools and our proprietary software periodically analyzes the data to determine where to mine next to give us the optimum result.


4.What is the minimum amount of GHS to be purchased ?
 Minimum amount of purchase is 10 GHs.


5.What is the minimum amount of withdrawal ?
 Minimum amount of withdrawal is 0.1 BTC.

I think this should be enough to stop you from investing there. Minimum withdrawal is 100 mBTC which is a crazy high amount for a minimum withdrawal. Beside that I thought these guys were already gone a few months ago as I was hearing all kind of scams regarding them. Just don't invest in here. They don't tell you where they hash, they don't tell you their mining equipment, no pictures, no videos, no nothing here.

[Babayega31]

Dont bother to look cloudmining sites because its clearly stated and many people keep saying here that those site are Ponzi that will turn scam if they collected lots of money to their investors thats why avoid as you can and dont fall for their false promise to earn lifetime their site.

[lenoli]

because of halving, it becomes more harder to earn bitcoins wit mining, so you need more hash power to get any profit and cloud mining sites decreased prices, not to loose clients.

anyway, there is not real cloud mining sites, from where you can get any profit with low risk, not to be scammed. so i advice you, stay away from "cloud mining" sites

[sishendaoye]

Dont bother to look cloudmining sites because its clearly stated and many people keep saying here that those site are Ponzi that will turn scam if they collected lots of money to their investors thats why avoid as you can and dont fall for their false promise to earn lifetime their site.

So many people here are scammed with cloud mining (me included), why would you even try to put it in a good daylight.
We all know there are no winners except for the owners.

[BTCdoaA]

The only things that changed after halving in cloud mining is bitcoin that you could earn everyday
But, cloudmining.website is ponzi cloud mining so they can do as they want.

HashOcean isn't enough to stop you guys to invest at shady investment ?

HashOcean is a good lesson for all of us

[LucioTan]

are people still investing in cloudmining :O
when will you learn? how many more of thse scammers have to take your money and run before you stop giving away your bitcoins for free to these scammers?!

Yup, cloud mining are all scams. Just like the Hash Ocean. They are just fooling you to make you invest your money and they are just spreading each and every one's investment that act as their payment. In the first place, why are they going to sell their mining units? If they can afford to have it alone? If I were to think, of course im gonna operate alone and have my own profit. Why invest your money in trading? I think that would be best instead of cloud mining sites.

[Ryan Dugan]

Hash power cost on www.CloudMining.website  will increase from January 1, 2016.

Source: https://twitter.com/cloud_mining_/status/679619188223307776

While everyone is trying to offer hash power at a cheaper rate, why are they increasing the price?

21/02/2016 Update: https://twitter.com/cloud_mining_/status/701381994438115328

Rate slashed. New rate: 10-90 Ths @ 0.0007 BTC/Ghs, 1-9 Ths @ 0.0008 BTC/Ghs, 100-900 Ghs @ 0.0009 BTC/Ghs & 10-90 Ghs @ 0.001 BTC/Ghs.

Maybe it is a scam ? Low price to make you buy more ? Many cloud mining are scam but not all, just almost all. To keep the bitcoin safe rather than to lose on scam to make the owner rich not you.

[andyste]

is now reward mining is decreasing because after halving reward mining down is 50%, so is your mining or cloudming same too reward down, is reward not down maybe your cloud mining only hyip not real mining

[FaucetRank.com]

cloudminig website decrease the hash power rate when they are planning a scam . yes this is true take it as a sign that the cloudminig in for what about you are talking will scam soon .

[HardBoy]

The only things that changed after halving in cloud mining is bitcoin that you could earn everyday
But, cloudmining.website is ponzi cloud mining so they can do as they want.

HashOcean isn't enough to stop you guys to invest at shady investment ?

The funny thing is www.cloudmining.website is in existence for ~2 years, while HashOcean.com came from nowhere for ~9 months ago and everyone started cheering for them.

[JasonXG]

Most likely to get more investors on board. Then put the prices up afterwards. This is all after the halving just to confuse people. Most are just ponzi schemes so they really use it to attract more people they can eventually rip off.