Cloud mining?

What's cloud mining, and what's the site that i can buy the cloud mining with a cheap and no minimum GHs?

A piece of advice, one word - Dont.

Don't invest in cloud mining. Most of them don't even have a proof. And if you are also into mining rigs, I highly not recommend it to you since you are a newbie. If you're motivated enough to read all the info about cloud mining, as well as if you have enough money to buy a decent mining rig, then go. But never ever do cloud mining. They will just run away eventually.

mining always turn out to be scam in the end. just when they gather enough coins for themselves, they'd run away with. don't invest to it.

You must move the thread on services discussion not in here.

It is pretty safe to say you Will NOT roi with cloud mining unless you have fuck tons of cash, in that case you would probably still not roi or just roi, but for the cloud mining ponzi site, you have made them filthy rich. Just spend the money on holding bitcoins instead, instant roi, any increase in price are instant profits

Cloud Mining sites are just waste of time.. as everyone saying in above comments. I also want to say you that don't waste your money and time in cloudmining.
I've invested 0.01btc in a cloudmining site. after 3 month I am still didn't get paid. not even reached payout limit..

they are scammer, rentingmining is better with new coin, you can rent huge hash and point at those new coin, for big profit, when they rise, many are doing so with the altcoin

cloud mining nowadays are all ponzi and there are long running site like hashocean and running a ponzi scheme for years and yet they are still paying for now but i dont suggest investing in their for the fact that its long runniNg site it will turn scam one of these days. Also many sites adopt to be cloudmining scheme so they can scam those people who are beleiving that mining are still profitable.

As they've said don't invest on cloudmining .it is a very long process and that long process will may end up to a scam , i have a friend who is investing 3 btc on a 2 cloudmining but till now its on going she continously adding btc on it and the days happened she can't get out her payout on both sites .. Most of these cloudminings are scam. Im not discouraging you to make an investment but this is only an advice.

Quote from: bittraffic on May 17, 2016, 02:53:46 AM

mining always turn out to be scam in the end. just when they gather enough coins for themselves, they'd run away with. don't invest to it.

that's true don't be to sure to trust them cloud mining is a big mistake there are only several real cloud miners
who are real with you. The other ones just want to steal your coins and you will never hear from them again.

Yes, Most Cloud Mining websites are scams.
But, I'd recommend you to use On-demand Cloud mining websites like Nicehash.

I've used this a couple of times and these are very profitable.

Cloud mining has a very long return on investment, most of the websites promoting this service are very sketchy, and only two real cloud mining providers are to be trusted, even so, you are just better off buying and holding the bitcoins.

Forget about cloud mining, the reputation of this site not so good, mining is getting more and more difficult, you need to calculate carefully before you jump in mining

Forget about cloud mining, if you truly want to invest buy a miner yourself, connect it to some online pool and hope for the best. Of course when you have very cheap electricity, if you don't have cheap electricity don't try this either. Both scenarios will make you lose money.

You can wait until the latest generation of miners like 14-16nm chips and buy one of them, at least you will ROI with them and for about 6-8 months they will be profitable even with high electricity cost. Smart people take profit of all reliable occassions.

Cloud mining is just a financial pyramid in most of cases and in the cases its not you never make ROI because of increasing difficulty in mining bitcoin.

Cloud mining has now become a second face of scam sites/ponzis.However there are still some sites like hashnet which continues to provide nice cloud mining service and as well has mining proof aswell. Better alternative is to buy some hash power from miningrigrentals or nicehash and point it to pool you like to continue with if you are interested and desperate to taste some mining experience.

Quote from: Avirunes on May 17, 2016, 04:06:39 PM

Hashnest is good cloud mining so far, although you need patience to reach ROI.

Well the best investment is HOLD on safe wallet and sell at high price. If you know what next event coming, you will follow my advice Wink