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Author Topic: Bitcoin/Altcoin cloud Mining  (Read 1113 times)
RoughLyfe
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May 14, 2015, 04:29:58 AM
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Hi,Im currently looking into start cloud mining since my electric bill is to high to mine at my house and what is the best place to cloud mine for bitcoins and/or alt coins.My budget right now is 220.
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May 14, 2015, 05:21:14 AM
 #2

BTC, Hashnest or Bit-x.

Altocoin, not so sure.

You can also try PoS coins, I like DMD Diamond.

https://bit.diamonds/

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
Muhammed Zakir
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May 14, 2015, 06:20:59 AM
 #3

Bitcoin cloud mining : Hashnest or Bit-X
Altcoin cloud mining : Genesis Mining (few people said it's ponzi, be careful) or zeushash

If you are brave enough, try cloudmining.website or scrypt.cc
Both of them offer fast ROI, but both of them are ponzi

Scrypt.cc has some problem atm. Don't invest there.

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May 14, 2015, 12:10:46 PM
 #4

Bitcoin cloud mining : Hashnest or Bit-X
Altcoin cloud mining : Genesis Mining (few people said it's ponzi, be careful) or zeushash

If you are brave enough, try cloudmining.website or scrypt.cc
Both of them offer fast ROI, but both of them are ponzi

Genesis Mining only provides BTC and Sha 256 mining for now. No LTC or any other altcoin, right?

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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May 14, 2015, 02:28:21 PM
 #5

Genesis Mining only provides BTC and Sha 256 mining for now. No LTC or any other altcoin, right?

Correct, they removed the option a while ago due to the unprofitability factor
RoughLyfe
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May 15, 2015, 02:06:19 AM
 #6

BTC, Hashnest or Bit-x.

Altocoin, not so sure.

You can also try PoS coins, I like DMD Diamond.

https://bit.diamonds/
What do you mean by BTC?
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May 15, 2015, 02:20:51 AM
 #7

Cloud Ming is not profitable any more. ROI takes more than you expect, probably never reach! Besides that, a lot Ponzi are around and investors may lose everything. But you can see it as a hobb and invest small amount of money to try it out!

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crazyivan
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May 15, 2015, 05:24:38 AM
 #8

BTC, Hashnest or Bit-x.

Altocoin, not so sure.

You can also try PoS coins, I like DMD Diamond.

https://bit.diamonds/
What do you mean by BTC?

I mean if you want BTC mining, then these two options.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
RoughLyfe
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May 15, 2015, 11:00:34 PM
 #9

BTC, Hashnest or Bit-x.

Altocoin, not so sure.

You can also try PoS coins, I like DMD Diamond.

https://bit.diamonds/
What do you mean by BTC?

I mean if you want BTC mining, then these two options.
Oh,well my electricity rates are 0.20 cents per 129 kWh so I can't mine at home
cbase
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May 16, 2015, 03:28:57 AM
 #10

Try bit-x, hashnest and cloudminr.io as for me they are the only trusted nowadays
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May 16, 2015, 06:42:43 AM
 #11

Try bit-x, hashnest and cloudminr.io as for me they are the only trusted nowadays

Cloudminr.io is a ponzi.

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May 16, 2015, 06:52:57 AM
 #12

BTC, Hashnest or Bit-x.

Altocoin, not so sure.

You can also try PoS coins, I like DMD Diamond.

https://bit.diamonds/
What do you mean by BTC?

I mean if you want BTC mining, then these two options.
Oh,well my electricity rates are 0.20 cents per 129 kWh so I can't mine at home

So go cloud or go PoS. Home mining s not the smartest option IMHO for some time. It s hard to match diff increase and buying more or exiting completely is not so easy thing to do.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
sandy47bt
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May 16, 2015, 08:08:00 AM
 #13

Cloud mining today is not good, it's difficult to get ROI Sad
And there are many ponzi cloud mining too

Also, don't be fooled with PoS mining in altcoin
You might not get profit since altcoin price is very volatile
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May 16, 2015, 08:16:24 AM
 #14

Hi,Im currently looking into start cloud mining since my electric bill is to high to mine at my house and what is the best place to cloud mine for bitcoins and/or alt coins.My budget right now is 220.

i wouldn't invest in cloudmining at this point. more legit ones are nowhere near profitable, and the profitable ones are most likely a scam / ponzi. it's a gamble in my opinion.

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May 16, 2015, 08:18:37 AM
 #15

i wouldn't invest in cloudmining at this point. more legit ones are nowhere near profitable, and the profitable ones are most likely a scam / ponzi. it's a gamble in my opinion.

Plus, you have to keep in mind that cloud mining is like a casino. Someone will always win, but it probably isn't you.
crazyivan
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May 16, 2015, 03:52:04 PM
 #16

Cloud mining today is not good, it's difficult to get ROI Sad
And there are many ponzi cloud mining too

Also, don't be fooled with PoS mining in altcoin
You might not get profit since altcoin price is very volatile

This is why I recommend DMD Diamond as a PoS coin solution. The price has been stable for over 6 months.

There are a couple more interesting options but DMD Diamond s my primary choice.

All in all, everything s better then just buying and holding. If there s no activity inside crypto economy, we cannot expect the price to go up.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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May 16, 2015, 07:44:18 PM
 #17


This is why I recommend DMD Diamond as a PoS coin solution. The price has been stable for over 6 months.

There are a couple more interesting options but DMD Diamond s my primary choice.

All in all, everything s better then just buying and holding. If there s no activity inside crypto economy, we cannot expect the price to go up.

Better for Bitcoin? Maybe... But for a single investor it's sometimes better to hodl than to reinvest your BTC investment further recklessly. It's the lesson all noobs learn when they enter crypto and get burned, like I did Grin
I would think it's fine to further invest ~30% of your BTC holdings at most, unless you are crazy and feeling very lucky. Or, of course, if you are seriously involved in some crypto project and you know what you're playing with.

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May 17, 2015, 06:09:02 AM
 #18


This is why I recommend DMD Diamond as a PoS coin solution. The price has been stable for over 6 months.

There are a couple more interesting options but DMD Diamond s my primary choice.

All in all, everything s better then just buying and holding. If there s no activity inside crypto economy, we cannot expect the price to go up.

Better for Bitcoin? Maybe... But for a single investor it's sometimes better to hodl than to reinvest your BTC investment further recklessly. It's the lesson all noobs learn when they enter crypto and get burned, like I did Grin
I would think it's fine to further invest ~30% of your BTC holdings at most, unless you are crazy and feeling very lucky. Or, of course, if you are seriously involved in some crypto project and you know what you're playing with.

Well, if we all buy and hold, what s going to happen? Nothing, the price wont go up and it wont be better for a single investor.

How does the price go up? Due to increased demand. If we all hold, BTC projects do not get financed, BTC acceptance does not increase no dice there. Nobody s gonna make this project work but US.
So don't hold, at least not all of it.

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May 17, 2015, 09:06:33 AM
 #19

Scrypt.cc is the new ltcgear.com.

If you like a gamble then feel free to jump in.

If you want a safe(r) investment look into mining altcoins.
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May 17, 2015, 04:38:30 PM
 #20

Hi,Im currently looking into start cloud mining since my electric bill is to high to mine at my house and what is the best place to cloud mine for bitcoins and/or alt coins.My budget right now is 220.

If you want to profit from cloud mining, try the one in my sig. You do not need to trust me or listen to any of the trolls over here. Check third party review who invested themselve and reporting return : http://www.cmmonitor.com/24-cloudmining-website.html
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