What is a good cloud ming site

[ThunderCatSteve]

Yea, im slowly noticing i'll never make a profit through them...

Checked out nicehash...It just confuses me...

[goldkey0070]

I reccomend www.betarigs.com

Setting up a cloud miner is simple and takes less than 10 minutes.

You register > Search for what kind of miner, ( they have every type available )
You rent it > Send btc to required address > Once it hits 1 confirmation the miner automatically starts up and goes to mining your pool.


I've been using them for about a week, and it's awesome.

Betarigs has turned to shit.  Try Nicehash instead.  You rent hash instead of rigs so you always get exactly what you want.

i dont see any kind of calculator there to predict ... or how much to deposit  for how much income
 

[HiTmanSql]

I reccomend www.betarigs.com

Setting up a cloud miner is simple and takes less than 10 minutes.

You register > Search for what kind of miner, ( they have every type available )
You rent it > Send btc to required address > Once it hits 1 confirmation the miner automatically starts up and goes to mining your pool.


I've been using them for about a week, and it's awesome.

Betarigs has turned to shit.  Try Nicehash instead.  You rent hash instead of rigs so you always get exactly what you want.

i dont see any kind of calculator there to predict ... or how much to deposit  for how much income
 

renting a miner would be more appropriate for an ROI i think

[goldkey0070]

ROI?

[HiTmanSql]

ROI?

Return On Investment 

is it normal to wait 360 seconds thing for every post or because i am new?

[goldkey0070]

yes it normal

[majeis]

Yea, im slowly noticing i'll never make a profit through them...

Checked out nicehash...It just confuses me...

Nicehash is for buying (from others who control hardware) or renting out (from hardware you control) X amount of speed per algorithm for Y amount of hours.

Make sense now?

[cakir]

I'm using Hashnest (by Bitmaintech one of the largest ASIC manifacturer) based in China.
Mostly I'm buying and selling UMISOO hash power on daily basis.
Bitcoin price and UMISOO price are connected somehow and you can predict the future price of it via Bitcoin price.

Op, if you do decide going with what he/she suggested I would do your own homework. yeah its a common decent recommendation, but you have to know that their are other choices as well just as good.

Given example, comparing performance wise with the same cost of their machines to Spoondlies. They too also just started this, and have accepted even credit cards to buy your hashes, I think this route is way better.

If stuff happens you can at least protect yourself and call on a fraud case or open one.  Esp, if you are going to buy a bunch of hashes.

Did spoondlies started cloudmining operations? I didn't know that. Of course their asics are much better than Bitmaintech.
What's their cloudmining address? Do they have hash market etc?

[kpitti]

Stay away of any cloud mining unless you are ok to lost your money. Mining is expensive business and cloud mining sites needs to generate profit for them not for you. I had bad experience with some of them and I will not put anything in again.
This is my advice.

[kpitti]

ROI?

Return On Investment 

is it normal to wait 360 seconds thing for every post or because i am new?

Yes, this is normal as you will grow in the activity this limitation will be gone. All of as (except one who bought account) went trought it.

[yeponlyone]

Don't try to cloudmine to get profit. There are lots of risk incurred with it. The difficulty is highly unpredictable and even the trusted operators may scam. For example, AMHash. If you are looking to get profits, have a million dollar, buy a warehouse in places where electricity are low and have an ASIC Supplier which supplies you ASIC at a lower cost.

[dznuts85]

ROI?

Return On Investment 

is it normal to wait 360 seconds thing for every post or because i am new?

Post, sending personal message and some other function cooldown will decrease as your activity rises. 360 seconds cooldown only applies for newbies with less than 15 activity to avoid spam from newly created accounts

[vishwaratna]

Pros

Here’s why you might want to consider cloud mining:

    A quiet, cooler home – no constantly humming fans
    No added electricity costs
    No equipment to sell when mining ceases to be profitable
    No ventilation problems with hot equipment
    Reduced chance of being let down by mining equipment suppliers.

Cons

Here’s why you might not want to consider cloud mining:

    Risk of fraud
    Opaque mining operations
    Less fun (if you’re a geek who likes system building!)
    Lower profits – the operators have to cover their costs after all
    Contractual warnings that mining operations may cease depending on the price of bitcoin
    Lack of control and flexibility.

Types of cloud mining

In general, there are three forms of remote mining available at the moment:

    Hosted mining
    Lease a mining machine that is hosted by the provider.
    Virtual hosted mining
    Create a (general purpose) virtual private server and install your own mining software.
    Leased hashing power
    Lease an amount of hashing power, without having a dedicated physical or virtual computer. (This is, by far, the most popular method of cloud mining.)

[monbux]

I haven't seen a cloud mining site last too long yet, they all have some excuse to burn up in flames in the end.  If you are just looking to play around with some bitcoins, check out Puppet's guide: https://bitcointalk.org/index.php?topic=878387.0

[bigbitmine]

I use Nicehash with the Nicehash Bot.  I'm making decent profit.

[cakir]

I use Nicehash with the Nicehash Bot.  I'm making decent profit.

Obviously you're hiring cheap SHA mining.
That's wise dude. What's your THS/day price? Are you hiring with fixed or standard?

[bigbitmine]

I use Nicehash with the Nicehash Bot.  I'm making decent profit.

Obviously you're hiring cheap SHA mining.
That's wise dude. What's your THS/day price? Are you hiring with fixed or standard?

I'm on standard with a max price of 0.0115 which it's on at the moment.  I use the Nicehash Bot which automatically adjusts the price for me to make sure I get the lowest available rate.  Yesterday it dropped to 0.0104 which was great.  Just hope it gets this little burp out of the way soon.

[eneilwe]

i am sorry is this a kind of free publicity for your company or brand or you actually have something good to offer us

[bigbitmine]

Who?  Me?  I've got nothing to do with Nicehash.  I'm replying to the topic subject.  Also answering a question asked by another user.  Is there a problem?

[ThunderCatSteve]

i am sorry is this a kind of free publicity for your company or brand or you actually have something good to offer us

Maybe you should read all the posts before replying, eh?

Obviously... The title of the thread is : What is a good cloud ming site


...And people replied with websites that offer cloud mining....

What makes you think they're advertising for their own company/brand?