Can you trust stuff like Hashocean?

[MTBTT]

From my experience, the answer is no, most of them are scam and the return profit is low, and nowsday cloud mining is difficult to earn profit and the risk is big

nope hashcoin different. they are cooperating with the tools miner "I forget his name" and if memamng using ponzi system. they will be the scam in a few months. but they survive long enough

[1715250287]

1715250287

[1715250287]

1715250287

[1715250287]

1715250287

[1715250287]

1715250287

[1715250287]

1715250287

[wintermeasures]

Im thinking about ways to put some of my bitcoins to generate some passive income instead of just sitting there for a decade. Ive seen a lot of talking about making gains with hashocean, but it takes about 2 to 3 months for return of investment to be made, and beyond those 2 to 3 months you start making gains. Of course, who knows if hashocean will be operative in not 2 to 3 month, but tomorrow...

I never believed hyip or cloud mining. According to my thinking, if you already have enough money why should you choose a third party. Why do not manage themselves, like buying some antminer or similir with that you can get passive income. Without having to think a scam or not
thank you, just my opinion.

[Kevin29]

Nope 

I doont like investing

[Snorek]

From my experience, the answer is no, most of them are scam and the return profit is low, and nowsday cloud mining is difficult to earn profit and the risk is big

nope hashcoin different. they are cooperating with the tools miner "I forget his name" and if memamng using ponzi system. they will be the scam in a few months. but they survive long enough

There were cases of Ponzi disguised as cloud mining services surviving very long time, or even after services like these were out of business it was hard to say if they were totally lying about mining or conducted their operations in mixed-mode. If Ponzi creators are not extremely greedy they could prolong this scheme for a long time... I was fooled before, don't follow my footsteps. Trust no one.

[isen]

Thing is that even if the ponzi creators are not greedy(most of them are ofc) sooner or later new people will stop joining and the whole scheme will collapse.Everytime someone is going to lose money there,even if i was in profit i wouldn't feel so comfortable with other people's lost money.

[lumeire]

From my experience, the answer is no, most of them are scam and the return profit is low, and nowsday cloud mining is difficult to earn profit and the risk is big

nope hashcoin different. they are cooperating with the tools miner "I forget his name" and if memamng using ponzi system. they will be the scam in a few months. but they survive long enough

There were cases of Ponzi disguised as cloud mining services surviving very long time, or even after services like these were out of business it was hard to say if they were totally lying about mining or conducted their operations in mixed-mode. If Ponzi creators are not extremely greedy they could prolong this scheme for a long time... I was fooled before, don't follow my footsteps. Trust no one.

Even with legitimate cloudmining sites like HashNest, it's too hard to get a profit, unless you're trading GHs. Honestly there's not much point in investing BTCBTCBTC these days. You're better off with investing in businesses with fiat.

[Snorek]

Thing is that even if the ponzi creators are not greedy(most of them are ofc) sooner or later new people will stop joining and the whole scheme will collapse.Everytime someone is going to lose money there,even if i was in profit i wouldn't feel so comfortable with other people's lost money.

That is why if someone is dedicated enough to create huge ponzi with cloud mining as cover you usually see a 'mix'.
What I mean is - a company is mining and selling some percent of real hash power, but in the meantime they are investing your money.
This type of business can potentially last for years even. I can't wait to see how mining market will change after the halving.