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Author Topic: Any one know any good cloud mining?  (Read 2381 times)
Clint
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June 13, 2015, 03:06:12 AM
 #1

Hi guys, recently I just got to know about bitcoin cloud mining. And I'm pretty interested. Do you guys know any sites or place still good for cloud mining? Is bitcoin mining still worth it? or should I go find something else to do. Please have your opinions for me. Thanks Smiley

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June 13, 2015, 03:30:49 AM
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Hi guys, recently I just got to know about bitcoin cloud mining. And I'm pretty interested. Do you guys know any sites or place still good for cloud mining? Is bitcoin mining still worth it? or should I go find something else to do. Please have your opinions for me. Thanks Smiley
The answer to this question is: it depends.  Attaining ROI and subsequently earning a 'profit' mining largely depends upon how cheaply you can pick up the mining gear you plan on using.  Next, your $/kw/hour ($ per kilowatt hour) is by far and away the most important variable when trying to determine whether mining will be profitable for you.  (tip: if your paying more than about $0.04-0.05/kw/hour) in all likelihood mining won't be profitable for you at all.  In fact, your likely going to lose money at this point unless you manage to find a bunch of used mining gear that you can pick up cheap.  Alternatively, if you have a massive bankroll (couple hundred grand at least, you might be able to get a semi-decent deal purchasing miners in bulk from one of the major players).

Another thing to be aware of is that a good 90% of all cloud mining operations (at present) are absolute scams.  Those that haven't proven to be scams yet are either:
a.) Brand new (i.e. untested)
b.) Already shutdon due to non-profitability (example: ghash.io GHS asset)
or
c.) Barely hanging on by the 'skin of their teeth' and soon to shutdown.

At this point unless the 'little guy' is working with free or near free electricity costs the mining game is basically a no-win situation.

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June 13, 2015, 03:36:57 AM
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Most are ponzi scams. You can check this thread here: https://bitcointalk.org/index.php?topic=878387.0 to see some possibly legit sites and also help you determine if whatever you find is legit or not.
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June 13, 2015, 03:42:03 AM
 #4

Hi guys, recently I just got to know about bitcoin cloud mining. And I'm pretty interested. Do you guys know any sites or place still good for cloud mining? Is bitcoin mining still worth it? or should I go find something else to do. Please have your opinions for me. Thanks Smiley

This time genesis Mining is good to try, i see more review about it
http://www.coindesk.com/spondoolies-tech-genesis-team-new-cloud-mining-service/


Quote
genesis-mining        1+4+7              => 3/7 = Probably legit (risk of fractional reserve mining)
https://bitcointalk.org/index.php?topic=878387.0

but im not know how long Cloudmining can run , after BitcoinCloudservice where he member silver of bitcoin foundation collapse im not trust Cloudmining again

===Sempak===
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June 13, 2015, 04:02:28 AM
 #5

Hi guys, recently I just got to know about bitcoin cloud mining. And I'm pretty interested. Do you guys know any sites or place still good for cloud mining? Is bitcoin mining still worth it? or should I go find something else to do. Please have your opinions for me. Thanks Smiley

This time genesis Mining is good to try, i see more review about it
http://www.coindesk.com/spondoolies-tech-genesis-team-new-cloud-mining-service/


Quote
genesis-mining        1+4+7              => 3/7 = Probably legit (risk of fractional reserve mining)
https://bitcointalk.org/index.php?topic=878387.0

but im not know how long Cloudmining can run , after BitcoinCloudservice where he member silver of bitcoin foundation collapse im not trust Cloudmining again

Silver member of bitcoin foundation only means that they gave the bitcoin foundation a certain amount of (probably your) money.

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June 13, 2015, 04:56:14 AM
 #6

Hi guys, recently I just got to know about bitcoin cloud mining. And I'm pretty interested. Do you guys know any sites or place still good for cloud mining? Is bitcoin mining still worth it? or should I go find something else to do. Please have your opinions for me. Thanks Smiley

This time genesis Mining is good to try, i see more review about it
http://www.coindesk.com/spondoolies-tech-genesis-team-new-cloud-mining-service/


Quote
genesis-mining        1+4+7              => 3/7 = Probably legit (risk of fractional reserve mining)
https://bitcointalk.org/index.php?topic=878387.0

but im not know how long Cloudmining can run , after BitcoinCloudservice where he member silver of bitcoin foundation collapse im not trust Cloudmining again

same with you im not trust in cloudmining again after i lost money in pbmining and bitcoincloudservice
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June 13, 2015, 05:10:22 AM
 #7

You could try bit-x. It's been around for a very long time and I used to invest in it and it paid out. Take a look at it!

Hi!
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June 13, 2015, 06:05:20 AM
 #8

Cloud Mining Break Even Project http://cloudbreakeven.blogspot.com
with
invest2btc.slack.com  is an diversifying investment crypto currency group.

1. BTCjam: Mining and trading loan #4 https://goo.gl/rwj84u , 2. Scrypt.cc Cloud Mining with 120 Days ROI http://goo.gl/LXomWh ,
3. Haas Bot Trade your Cryptos http://goo.gl/unM0TF , 4. Bitgold Invest to BTC & Gold http://goo.gl/7T3K6O
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June 13, 2015, 08:09:54 AM
 #9

maybe you can try cryptsi mining contract, that's like cloudmining, but have a different plan...,
there is no minimum buy, Smiley
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June 13, 2015, 08:12:40 AM
 #10

invest in something else, because even if they are not ponzi or legit, you won't earn much from them, roi is a long bitch to achieve, better to use money on forex with bitcoin, i'm doing it with 1broiker

but if you really want to try one that is legit, then go ahead and try bit-x or hashnest
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June 13, 2015, 10:57:52 AM
 #11

I wouldn't recommend you investing in cloud mining, the ones that were thought to be reliable at one time turned out to be scams and ran away with user's funds and the ones that are running, you'd have to invest a lot of funds to earn anything from them and it's too risky.

 

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Vitamin King
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June 13, 2015, 04:32:11 PM
 #12

Hi guys, recently I just got to know about bitcoin cloud mining. And I'm pretty interested. Do you guys know any sites or place still good for cloud mining? Is bitcoin mining still worth it? or should I go find something else to do. Please have your opinions for me. Thanks Smiley

First of all, you need to understand why cloud mining ? For countries, where electricity is costly, mining is not suitable. Hence some firms have set up huge mining firms at places where electricity is dirt cheap and allow us to rent hash power.

One of the must thing you need to see before chosing a cloud mining firm is how long they are paying. I mine at www.cloudmining.website and they are paying for last seven months now. You dont need to trust my word for that. Check their payment proof on blockchain: www.cloudmining.website/payments.php.

Apart from that ROI is another factor. Many mining firms show/imitate mining equipments to gain customer confidence. But, their prices are such that, with rising difficulty you wont ever ROI. With www.cloudmining.website, it is verified by third party to have ROI within ~114 days...



So, be rational before you chose to invest and always start trying out with small amount and rank up slowly...
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June 13, 2015, 11:37:30 PM
 #13

Hi guys, recently I just got to know about bitcoin cloud mining. And I'm pretty interested. Do you guys know any sites or place still good for cloud mining? Is bitcoin mining still worth it? or should I go find something else to do. Please have your opinions for me. Thanks Smiley

First of all, you need to understand why cloud mining ? For countries, where electricity is costly, mining is not suitable. Hence some firms have set up huge mining firms at places where electricity is dirt cheap and allow us to rent hash power.

One of the must thing you need to see before chosing a cloud mining firm is how long they are paying. I mine at www.cloudmining.website and they are paying for last seven months now. You dont need to trust my word for that. Check their payment proof on blockchain: www.cloudmining.website/payments.php.

Apart from that ROI is another factor. Many mining firms show/imitate mining equipments to gain customer confidence. But, their prices are such that, with rising difficulty you wont ever ROI. With www.cloudmining.website, it is verified by third party to have ROI within ~114 days...



So, be rational before you chose to invest and always start trying out with small amount and rank up slowly...

Yes, be rational and give all your money to cloudmining.website because some guy got a roi on his $3 investment in 114 days.

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June 14, 2015, 12:10:00 AM
 #14

maybe you can try cryptsi mining contract, that's like cloudmining, but have a different plan...,
there is no minimum buy, Smiley


I heard cryptsy has a terrible support, your problems get to be resolved for a long time even if the issue is a minor problem.. Seen to many complaints about them from this forum.
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June 14, 2015, 05:25:44 AM
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maybe you can try cryptsi mining contract, that's like cloudmining, but have a different plan...,
there is no minimum buy, Smiley


I heard cryptsy has a terrible support, your problems get to be resolved for a long time even if the issue is a minor problem.. Seen to many complaints about them from this forum.

hemm, I see..,
just read about their terrible support on other thread, and maybe thats true..,
actually, I didn't use their service since my account got banned from cryptsy..
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June 14, 2015, 06:32:26 AM
 #16

If I were you I wouldn't invest in Any cloud mining. I have seen way too many of them turn out to be Ponzi schemes or other scams, even ones that seemed 100% legit and too big to fail. Plus if it is actually real mining involved with your cloud mining investment, you would not make much anyways. I'd say you're better off just buying some cheap second hand mining hardware for a much lower price than new retail, even if you don't make much off of that, you can always resell the hardware down the road.

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June 14, 2015, 03:39:16 PM
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Majority of cloud miners now are funded by their clients. Meaning, they're most likely to be a ponzi or a HYIP.
Most of the time if you're working with a legitimate cloud miner the chances of you ROI'ing is extremely difficult. You may not even turn a profit.
You can give bit-x a try although I haven't invested into their mining options. You can use cex.io. I have more trust in them since I've been using them since 2013.
https://cex.io/trade#GHS-BTC

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June 15, 2015, 07:17:00 PM
 #18

Most all cloud mining service is ponzi. You can check cloud mining 101, discussion about cloud mining.

Majority of cloud miners now are funded by their clients. Meaning, they're most likely to be a ponzi or a HYIP.
Most of the time if you're working with a legitimate cloud miner the chances of you ROI'ing is extremely difficult. You may not even turn a profit.
You can give bit-x a try although I haven't invested into their mining options. You can use cex.io. I have more trust in them since I've been using them since 2013.
https://cex.io/trade#GHS-BTC

Cex.io is worth for trade ghs-btc only.
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June 15, 2015, 08:56:12 PM
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Most all cloud mining service is ponzi. You can check cloud mining 101, discussion about cloud mining.

Majority of cloud miners now are funded by their clients. Meaning, they're most likely to be a ponzi or a HYIP.
Most of the time if you're working with a legitimate cloud miner the chances of you ROI'ing is extremely difficult. You may not even turn a profit.
You can give bit-x a try although I haven't invested into their mining options. You can use cex.io. I have more trust in them since I've been using them since 2013.
https://cex.io/trade#GHS-BTC

Cex.io is worth for trade ghs-btc only.

hm? I thought cex' cloudmining was long dead.

What about eobot? are there any reviews?

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June 16, 2015, 04:17:53 AM
 #20

"Good Cloud-Mining" is a contradiction in terms.

.























Federal Trade Commission vs Butterfly Labs













Made ya look. ; )



























brush242 ( https://bitcointalk.org/index.php?action=profile;u=199652 ) aka TheBitcoinimist aka Rush Reid aka Ken Hunlenton aka Steve Reid aka perfectlycromulentword aka Stephen Mark Reid says: "BFL is fucked" READ THE EARTH-SHATTERING COMMENTARY AT >>>> https://bitcointalk.org/index.php?topic=150803.msg9614841#msg9614841 <<<<
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