Why not invest instead of cloudmining??

[CEG5952]

Cloud mining doesn't guarantee you anything. They may be paying at first but like other ponzi schemes, they would just disappear like a bubble if they earn hundreds of people's trust.

[killerjoegreece]

most cloudmining companies turn out to be scams. so i would advise you not to use them.

[johnyj]

ASIC miner warmed garage is the best investment 

[Inkvor]

Cloud mining doesn't guarantee you anything. They may be paying at first but like other ponzi schemes, they would just disappear like a bubble if they earn hundreds of people's trust.

that is the most possible outcome ,but you should also check on some real pools and manufacturers who provide the service.
like hashnest and antpool.

[Rude Boy]

My choice will be investing on some alt coin or something else or hold untill the price ups.
Because, most of the cloud mining will be just a scam/ponzi and it'll dissappear after some time. Like grmining. So it is recommended don't invest on cloud mining.

[rinhunter]

better use of its own mining tool instead of using cloudmining sites that certainly we dont know whether it is safe or not.

[CheckOut3]

Well, I think that investing is better than clouding mining because most cloud mining are scams.

[wyde666]

you should consider again and again about cloudmining.. average mostly scam... and if their legit, your invest will take longer to ROI...if you still want to invest in cloudmining put in very large amount so you ROI is worth it, but..still there is no guarantee their still legit/paying, even their trusted...nobody know what happen next.

[lemipawa]

I got scammed by two sites that claims they are mining coins and I have no plans of investing in cloudmining again. Both sites have a common denominator and that is no proof of operations. They will tell you they are into mining, they will even tell you what coins they are mining, but ask for proof of operations they cant show you a single proof. This thread can help you. https://bitcointalk.org/index.php?topic=878387.0

[Amph]

Cloud mining doesn't guarantee you anything. They may be paying at first but like other ponzi schemes, they would just disappear like a bubble if they earn hundreds of people's trust.

they will for sure, if they are in a bad situation and they are bankrupt or something, but besides this, why they should disappear if it is profitable for them

as long as there is profit, there is trust, i doubt they are thinking that the scam circle(build a site, scam the people, repeat with another site) may be a better solution for earn more

[Butoeskor]

The cloudmining is doomed to failure. If you do not want to lose your bitcoins, it is best to invest as little as possible, but currently there are still companies that still work and pay. My opinion, I think that most cloud is a scam, do not inspire any confidence, I still have fresh memories of Hash Profit and PBmining.

[killerjoegreece]

never ever ever cloudmine. most of them are scams.

[Herbert2020]

The cloudmining is doomed to failure. If you do not want to lose your bitcoins, it is best to invest as little as possible, but currently there are still companies that still work and pay. My opinion, I think that most cloud is a scam, do not inspire any confidence, I still have fresh memories of Hash Profit and PBmining.

that is not 100% correct.
when it comes to cloudmining there are two categories:
1) the first is the majority of them which are scam ponzi schemes. in this case you should clearly stay away from all of them.
2) are the legit cloudmining services. investing in them is not doomed to failure. it is just not a very profitable investment. because of the maintenance fees and the rising difficulty which will lead to a bad ROI.

[crazyivan]

Classic home mining was profitable 2 years ago, cloud mining was profitable 1 year ago. The next thing is PoS, altcoins staking.

No worries about diff jump, power costs, new chips or anything similar. Just differentiate your investments into PoS coins and u can reach your ROI in about 200 days or so.

[coinplus]

I have invested a lot into some bitcoin cloud mining. But got some 30% return only. So think twice be fore you act for cloud mining.

[Amph]

I have invested a lot into some bitcoin cloud mining. But got some 30% return only. So think twice be fore you act for cloud mining.

well you need time for roi, unless you were scammed, there is the need to wait something like 10 months, don't expect roi in 1-3 months, because it is unrealistic with your HW also...

[neonshium]

I have invested a lot into some bitcoin cloud mining. But got some 30% return only. So think twice be fore you act for cloud mining.

well you need time for roi, unless you were scammed, there is the need to wait something like 10 months, don't expect roi in 1-3 months, because it is unrealistic with your HW also...

Yes could mining needs some time for your return on investment. Could mining is the simple way to make your bitcoins working for you to get you more bitcoins. Money earn interest money which is similar to cloud mining except minor changes..

[klf]

Fact is if you run the numbers on any cloud contract you see that the purchased hashpower rarely comes close to generating 75% of the investment amount in mining rewards.

[crazyearner]

If your going to invest into something do it wise, put some in to BTC some into LTC and some into other cryptosid stay well away from cloud mining as often not most will get ripped off or are a scam from the get go. I have done a fair few cloud mining contracts and most result in very little RIO or never make any good results withe them due to the ever growing diff and also price fluctuations. I use to have Eobot and that was good until fees went more than 60% and then hit to 100% and cut off miners due to being generating nothing in return. Then comes mintsy.co Things where picking up their and good value now their relocating and 2 half months of no service is an utter join and said once back on 100% once back on is a fricknig joke.  They will issues refunds and compensation. Will believe it when I see it. Best invest can do now is buy coin and hold it for the future when the prices do eventaully go back up. Theirs a lot of work that needs to be done in order for prices to go back up. But right now will be surprised if can brake $250 to $300 again anytime soon.

[ranochigo]

Investment is nearly the same as cloudmining. Investment, if legit could produce low but steady and safe results over the long period of time. Cloudmining is almost always unprofitable unless you can obtain lots of hashpower with low funds and the price suddenly skyrockets, you can have more potential to earn slightly more, if there is a proof that they are in fact mining. Just this year, AMHash owner, friedcat ran away with the customer's funds and people lost lots of money even though he had a good reputation before the event.