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Author Topic: Cloud mining still profitable  (Read 1947 times)
Rago (OP)
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December 27, 2015, 10:16:46 PM
 #1

Hello all cloud miners

I use this service for my cloud mining



I found it very profitable

So how all you cloud miners doing all how much mine per day and use what cloud mining site, sites?
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December 27, 2015, 11:15:05 PM
 #2

Which service is this? You didn't even write their name, I don't haven any info from that Dashboard screenshot.
I used Cex.io, Hashnest and Genesis Mining and I don't think cloud mining is profitable at any time. You have to make a lot of hash trades or you'll end up getting almost ROI prices or slight profit but that don't even cost your time.
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December 28, 2015, 04:10:13 PM
 #3

Hello all cloud miners

I use this service for my cloud mining



I found it very profitable

So how all you cloud miners doing all how much mine per day and use what cloud mining site, sites?

I'm surprise that you don't mention the site when you can make a profit by posting the site here with your affiliate link on it, If you cannot buy enough hash rate it is not profitable the more hash you buy the better one of my friend has a cloudmining account and some high paying faucets and told me it's more profitable doing faucets than cloud mining


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December 28, 2015, 11:40:55 PM
 #4

Looks like you have invested your money on ponzi cloud mining website Roll Eyes
There's no way legit cloud mining make refferal program, because all coins from mining already given to all members.

Also, don't believe in expected daily/weekly/monthly profit, it's just calculation. If bitcoin price/difficult suddenly change, your profit also'll be different.
I agree with you had a some doubts on cloud mining that offer huge referral commission like what you said it's already been distributed to all members I like doing faucets right now because there are now many faucets that gives you more bitcoins per seconds or minutes than mining had 4 faucets and I'm doing great on all of them 


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December 29, 2015, 03:00:03 AM
 #5

Which service is this? You didn't even write their name, I don't haven any info from that Dashboard screenshot.
I used Cex.io, Hashnest and Genesis Mining and I don't think cloud mining is profitable at any time. You have to make a lot of hash trades or you'll end up getting almost ROI prices or slight profit but that don't even cost your time.
I think for cex.io now has been a exchanger dude
I also think that mining is not profitable yet, very long time to get ROI in the cloudmining right now
it may take 5-7 months for ROI in cloudminning
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December 29, 2015, 01:01:57 PM
 #6

Even the real mining is not profitable these days with current price of bitcoin and electricity cost. Than there is noway cloudmining can be profitable if it is real. Any site announcing their service as cloudmining is only a ponzi scheme if they don't show their real mining devices in their site.

 
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December 29, 2015, 01:33:36 PM
 #7

I think for cex.io now has been a exchanger dude
I also think that mining is not profitable yet, very long time to get ROI in the cloudmining right now
it may take 5-7 months for ROI in cloudminning

I used Cex.io when they first launched the site. I don't care about their current operation, they already failed at cloud mining. We made so much money back then but most people lost money there.
If ROI is less than 150 days it's not cloud mining, it's ponzi.
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December 29, 2015, 08:46:59 PM
 #8

Even the real mining is not profitable these days with current price of bitcoin and electricity cost. Than there is noway cloudmining can be profitable if it is real. Any site announcing their service as cloudmining is only a ponzi scheme if they don't show their real mining devices in their site.

Most cloud mining are ponzi's yes, but companies like hashnest are not running a ponzi. I have some hash there and yes it's not really profitable, so when i got a chance I will sell my S5 hash.
The problem is that rise of the price, increased the difficulty, which is causing a lot of problems for miners.
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December 29, 2015, 10:24:56 PM
 #9

Even the real mining is not profitable these days with current price of bitcoin and electricity cost. Than there is noway cloudmining can be profitable if it is real. Any site announcing their service as cloudmining is only a ponzi scheme if they don't show their real mining devices in their site.

Most cloud mining are ponzi's yes, but companies like hashnest are not running a ponzi. I have some hash there and yes it's not really profitable, so when i got a chance I will sell my S5 hash.
The problem is that rise of the price, increased the difficulty, which is causing a lot of problems for miners.

The current difficulty and the old generation miners some cloud mining companies use, makes it too hard for them to make a profit.
So how can we expect investors to make profit?
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December 29, 2015, 11:26:57 PM
 #10

With hashnest you may or may not get your investment back.

From other cloud mining companies like; cloudmining.website, genesis mining, you are sure to lose on your investment.

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December 30, 2015, 02:22:44 AM
 #11

Even the real mining is not profitable these days with current price of bitcoin and electricity cost. Than there is noway cloudmining can be profitable if it is real. Any site announcing their service as cloudmining is only a ponzi scheme if they don't show their real mining devices in their site.

And if you add the halving happening next year to the equation, you'd barely be sniffing block debris to try and get your ROI by then.

Beep boop beep boop
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December 30, 2015, 02:24:45 AM
 #12

I use genesis-mining. I figured that for ROI, I have to wait around for 1.5 years. Perhaps 2 years after the halving.

And that's with the discount code applied too.

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December 30, 2015, 06:00:12 AM
 #13

I think for cex.io now has been a exchanger dude
I also think that mining is not profitable yet, very long time to get ROI in the cloudmining right now
it may take 5-7 months for ROI in cloudminning

I used Cex.io when they first launched the site. I don't care about their current operation, they already failed at cloud mining. We made so much money back then but most people lost money there.
If ROI is less than 150 days it's not cloud mining, it's ponzi.
Cex.io is trusted cloudmining i think
first when I first learned about gold, I was first mined in cex.io
I dont think it is a ponzi and i dont care because I was profited on there
until now cex.io still alive
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December 30, 2015, 07:14:29 AM
 #14

The screenshot look like from a ponzi "could mining" as it was said about.

CEX.io is still alive, but only as exchange.

And to your question - nope, it's not from at lease 10-12 months. It's most likely to be cough on a ponzi mining instead on a real cloud mining site, offering decent ROI.
Those ponzi cloud mining sites are available for ~300$ on different markets.

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December 30, 2015, 05:29:50 PM
 #15

I use genesis-mining. I figured that for ROI, I have to wait around for 1.5 years. Perhaps 2 years after the halving.

And that's with the discount code applied too.

Yeah lol. Not laughing about you, but about their business model.

Genesis Mining is a form of scam but done legally. They started hyping their business the same way GAW and ZEUS mining did (both scams btw).

Their coupon codes doesn't make a different too.
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December 30, 2015, 05:32:27 PM
 #16

I got some hash with Cryptsy and yes it went down the drain. But i also bought hash with hashnest and so far it is still alive.
Not sure for how long since the prices on hashnest.com are going down too fast.

Already lost 60% of it's value..
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December 30, 2015, 06:28:35 PM
 #17


Just stay with big players like Hasnest or BW and your profit is guaranteed ... not much but its profit.
personaly I like hasnests Pacmic contract as their V1 made me 0.03 BTC in 3 months for each Ths (1 BTC principal). V2 made only 0.02 BTC, V3 was quite better and V4 looks promising as well.

IMO most of so called cloudmining websites is using their service and cut their part of profit + can vanish any time.


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December 30, 2015, 07:55:48 PM
 #18

Cloud mining is not a profitable and it will scam you in the end and if you promote this site this is not a good site to promote it.
Because ponzi is ponzi anytime your invested bitcoins can run by the owners... So be careful
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December 31, 2015, 08:24:20 AM
 #19

Cloud mining is not a profitable and it will scam you in the end and if you promote this site this is not a good site to promote it.
Because ponzi is ponzi anytime your invested bitcoins can run by the owners... So be careful

I think there are many mining sites that are actually mined using a mining tool, and not a ponzi like bits x, hashnet, and others
but I see the site of the original mine. ROI time. return on investment will be very long maybe 5-9 months
This differs from the cloudmining ponzi, very fast ROI
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December 31, 2015, 09:26:43 AM
 #20

Cloud mining is not a profitable and it will scam you in the end and if you promote this site this is not a good site to promote it.
Because ponzi is ponzi anytime your invested bitcoins can run by the owners... So be careful

I think there are many mining sites that are actually mined using a mining tool, and not a ponzi like bits x, hashnet, and others
but I see the site of the original mine. ROI time. return on investment will be very long maybe 5-9 months
This differs from the cloudmining ponzi, very fast ROI
Honestly i dont trust any cloudmining website becausethey are anonimous and there is no personal imformation to the owners.
So meaning its a ponzi anytime you can be  scam even a low roi or high roi it will scam you.
i have been experience to be scam many times in any investment site and any cloud mining site.
So i dont trust any cloud mining site anymore..
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