Cloud Mining Service Legitimacy

[kiowarory]

Greetings and salutations,

From what I understand in this corner of the internet, a majority of bitcoin miners and frequenters think that cloud mining services are a scam, and are not to be trusted. My question to you, the bitcoin loyal masses, is "what could a cloud mining service do to make them seem more legitimate in your eyes?"

[1714282175]

1714282175

[Josef27]

In my opinion,

Proof of mining with the signed bitcoin address and live stats that show block the miner found,
Complete company's details, also
Good testimonials from trusted users from here..

Plus visible.

Yeah, that should be enough for me.

[SpanishSoldier]

Greetings and salutations,

From what I understand in this corner of the internet, a majority of bitcoin miners and frequenters think that cloud mining services are a scam, and are not to be trusted. My question to you, the bitcoin loyal masses, is "what could a cloud mining service do to make them seem more legitimate in your eyes?"

Proof of mining with the signed bitcoin address and live stats that show block the miner found

^^This. Good luck in finding a cloud mining service that satisfies this criteria.

[the_reprobate]

Greetings and salutations,

From what I understand in this corner of the internet, a majority of bitcoin miners and frequenters think that cloud mining services are a scam, and are not to be trusted. My question to you, the bitcoin loyal masses, is "what could a cloud mining service do to make them seem more legitimate in your eyes?"

To make them legitimate:

proof of mining address
pictures/videos of their mining rigs
Names of the Owner and Officers should be known
No Affiliate programs
Transparency

[crazyivan]

Why would you invest in cloudmining what you can stake your coins and make the same profit. With staking, you control your coins which are stored in your offline wallet. Much better option. Let me know if you need help with staking.

[avatar_kiyoshi]

Greetings and salutations,

From what I understand in this corner of the internet, a majority of bitcoin miners and frequenters think that cloud mining services are a scam, and are not to be trusted. My question to you, the bitcoin loyal masses, is "what could a cloud mining service do to make them seem more legitimate in your eyes?"

The company profile must clear, details and honest.
Identity of staff, include the owner.
Proof of photo, it's mean photo of mining farm, the company, staff.
Promising something that make sense.

[bitnanigans]

Here's what I would need to see before I invest in any cloud mining service:

- Names and photos of owners and/or employees
- Video proof of mining hardware (photos can be easily photoshopped)
- Physical address/location of company and mining hardware publicly visible

Been burned a few times, so I tend to steer clear of any cloud mining service at this point.

[b-trading]

how about cex.io many people said it is legit...but i dont know about the profit if we have GHS from there

[sikkan]

cex.io is legit,but profit from mining there is gone. fees are too high.


but as most ppl already said, any cloud service MUST have transparency. How hard can it be to show the address and the blocks found by their supposed hardware if youre legit?

[trinaldao]

Greetings and salutations,

From what I understand in this corner of the internet, a majority of bitcoin miners and frequenters think that cloud mining services are a scam, and are not to be trusted. My question to you, the bitcoin loyal masses, is "what could a cloud mining service do to make them seem more legitimate in your eyes?"

hemmm are you want to survey how to make the original cloudmining fake to be see real ??

[Amph]

how about cex.io many people said it is legit...but i dont know about the profit if we have GHS from there

their profit is a joke, because their maintanance fee is too high, you can't roi ever, if more than 50% of your income will be used for that

too bad because it look really legit and professional

[dezoel]

Cloudmining will be legitimate if they have any proof of their mining activity, such as primary bitcoin address ( for payouts ), company address, owner, and their miner.

[subSTRATA]

how about cex.io many people said it is legit...but i dont know about the profit if we have GHS from there

their profit is a joke, because their maintanance fee is too high, you can't roi ever, if more than 50% of your income will be used for that

too bad because it look really legit and professional

cex.io had the highest maintenance fees of all the cloud mining services, enough that mining became unprofitable hence why they shut down their miners. as far as legitimacy goes, bitfury is partnered with bit-x, and bitfury has a good portion of the hashing power on the network; id say its pretty legitimate.

[Phildo]

how about cex.io many people said it is legit...but i dont know about the profit if we have GHS from there

their profit is a joke, because their maintanance fee is too high, you can't roi ever, if more than 50% of your income will be used for that

too bad because it look really legit and professional

why too bad?

Electricity and hardware cost money. Bitcoin mining takes actual work. You can pick one, legitimacy or "profit." If you could have both no one would be renting you their miners. So you can get what you pay for or jump into a ponzi and hope it lasts (it won't).

[scat]

how about cex.io many people said it is legit...but i dont know about the profit if we have GHS from there

Cex.io was the only cloudmining that makes sense,
Its proven by the profit calculate that people will never get profit if just had a little GHS, even now if you have thousand GHS there, it will make you on negative balance.
Thats why almost all cloudmining services ended scam, because cloud mining will never give you a profit.

[DevOfDev]

you can see HAOBTC, GENESISMINING , BITCOINCLOUDSERVICE (SCAM)
i see this company see like real
my feeling say  HAOBTCis real
i can see pict about her mining her live in 3month you can learn from his thread

[ObscureBean]

I know of a few cloud mining websites where nothing is known about the owners, no names, no photos. I certainly wouldn't feel comfortable investing in mining operations like these. I'd want to know who I'm dealing with and it would have to be a registered business.

[avatar_kiyoshi]

how about cex.io many people said it is legit...but i dont know about the profit if we have GHS from there

AFAIK they closed for mining right? Because they think is not profitable anymore. Cmiiw.
Cex.io is good place for trade ghs-btc.

[dezoel]

you can see HAOBTC, GENESISMINING , BITCOINCLOUDSERVICE (SCAM)
i see this company see like real
my feeling say  HAOBTCis real
i can see pict about her mining her live in 3month you can learn from his thread

how do you know that the pictures is real?
bitcoincloudservice have a pict too, but now they are scam... :?

[adzino]

Greetings and salutations,

From what I understand in this corner of the internet, a majority of bitcoin miners and frequenters think that cloud mining services are a scam, and are not to be trusted. My question to you, the bitcoin loyal masses, is "what could a cloud mining service do to make them seem more legitimate in your eyes?"

Not being anoymous and being transparent. Companies who keep their owners hidden are shady and doesnot look legit. Find out everything about the owners, if they appear in public their hosting website is mostly  be legitimate. Even a video proof of  the mining rigs help.

It's actually hard to get a profit from cloud mining by the way.