Bitcoin Forum
September 20, 2018, 01:40:39 AM *
News: ♦♦ Bitcoin Core users must update to 0.16.3 [Torrent]. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 »  All
  Print  
Author Topic: Is investing in mining still worth it?  (Read 12495 times)
Cxinbolen
Full Member
***
Offline Offline

Activity: 172
Merit: 100



View Profile
July 03, 2016, 08:21:12 PM
 #21

Better wait a halving before investing it to any cloud mining.

Correct me if I'm wrong, but wouldn't it be better to start right now and reap the benefits of the 25 BTC block reward while one can before it cuts in half, instead of waiting until rewards are only 12.5 BTC?

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
CryptoBjorn
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500

Never forget


View Profile WWW
July 04, 2016, 07:57:20 AM
 #22

Better wait a halving before investing it to any cloud mining.

Correct me if I'm wrong, but wouldn't it be better to start right now and reap the benefits of the 25 BTC block reward while one can before it cuts in half, instead of waiting until rewards are only 12.5 BTC?

I would like to point out the many cloud mining scams; GAW miners, LTCgear, Hashie, Genesis Mining, Hashocean. As you can see this were quite large companies and yet they succeeded to scam their clients. So ask you, do you really think cloud mining is worth it or even profitable? My experience is that home mining, hasn't been profitable since the the S4.
Cloud mining has never been profitable.
uquid
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


All In One Services with UQUID


View Profile WWW
July 04, 2016, 08:43:24 AM
 #23

Better wait a halving before investing it to any cloud mining.

Correct me if I'm wrong, but wouldn't it be better to start right now and reap the benefits of the 25 BTC block reward while one can before it cuts in half, instead of waiting until rewards are only 12.5 BTC?

I would like to point out the many cloud mining scams; GAW miners, LTCgear, Hashie, Genesis Mining, Hashocean. As you can see this were quite large companies and yet they succeeded to scam their clients. So ask you, do you really think cloud mining is worth it or even profitable? My experience is that home mining, hasn't been profitable since the the S4.
Cloud mining has never been profitable.


Could you give more information about how your work done ? why you said we should not come with clould mining  ?

GregH37
Legendary
*
Offline Offline

Activity: 1064
Merit: 1000

HEROIC.com |The Future of AI-Powered Cybersecurity


View Profile
July 04, 2016, 08:58:56 AM
 #24

Only a stupid can think about investing in cloudmining sites. or someone who don't know what the cloudmining sites done with investers in early days.
if you know what happened with hashocean's 700,000 users then you will not invest your money to any cloudmining sites.
better to just hold your funds or just give them to someone else instead of giving them to a scammer.

Iceborn
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile
July 04, 2016, 05:35:14 PM
 #25

You can better not do this at all, as you can see a lot of websites that are mining are just ponzi's most of the times.
I really would not recommend you to invest in something like that, there are other methods to make some nice amount of bitcoins right now.
praprata
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250



View Profile
July 04, 2016, 08:59:07 PM
 #26

I honestly do not think its still profitable because of the fact that you are paying high bills for the energy and you are gaining almost nothing.
Also with the block size that is coming right now this will not be easy and it also that we do not need it anymore to make bitcoins nowadays.


                ,╓▄▄▄▄▄▄▄▄▄╓                 
            ╓▄█████████████████▄╖           
         ╓▄█████▀▀'▒,,,,,╠'▀▀█████▄,         
       ,▓███▀╜,▄▄███████████▄▄,╙▀████╖       
      ▄███▀ ▄█████▀▀"``╙"▀▀█████▄ ▀███▄     
     ▓███╜╓████▀ ,▄▄█████▄▄, ▀████,╙███▌     
    ▓███`╔███▀ ╓▓███▀▀▀▀▀████╖ ▀███@"███▌   
   ]███▌┌███▌ ▐███         ███▄ ▐███ ▐███,   
   ▐███ ▐███ .███           ███  ███▌ ███▌   
   ▐███ ▐███ '███           ███  ███▌ ███▌   
   ]███@╙███@ ▀██▌        ,▄██▌ ▐███ ▐███`   
    ▓███ ▐███▄ ╙██▀╩     9███╜ ╔███▀,███▌   
     ████,╙███▌               ▓███╜,████     
      ▀███▄ ▀╜                 ▀▀ ▄███▌     
       ╙████▄,                 ╓▄████╜       
         ╙█████▄▄╓,       ,╓▄▄█████▀         
            ▀▀█████████████████▀▀           
                '▀▀▀▀▀▀▀▀▀▀▀'

CloakCoin |  Trustless Anonymous Cryptocurrency |  PoSA3
Forum | Bitcointalk | Twitter | Slack |  Facebook |  VK |  Reddit |  CloakTV |  Instagram |  IRC-Chat |  Faucet
hasiramasenju
Legendary
*
Offline Offline

Activity: 980
Merit: 1000


View Profile
July 04, 2016, 09:22:54 PM
 #27

the biggest problem for investing at cloud mining because most of them are fake and too many people got scam from those cloud mining but in my opinion if you were really investing at the honest cloud mining i guess it is still profitable and you could ROI without any problem
mindrust
Legendary
*
Offline Offline

Activity: 1190
Merit: 1157



View Profile WWW
July 04, 2016, 09:26:46 PM
 #28

At this price point, it definitely is. You always need cheap electricity but people were making profits even when the price was 450$. Still, you never know what is going to happen to the price so it is still a bit of gambling. Every investment has a little bit of gambling in itself tho, i  wouldn't invest my life savings into mining.

▄▄▄▄▄▄▄▄
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
██▀▀▀▀██
▀▀▀▀▀▀▀▀
          ▄▄▄▄       
     ▄▄█▀▀▀▄▄▀▀▀█▄▄   
   ▄█▀▄▄████████▄▄▀█▄
 ▄█▀▄██████████████▄▀█▄
▐█ ██████████████████ █▌
█▌▐██████████████████▌▐█
█▌▐██████████████████▌▐█
▐█ ██████████████████ █▌
 ▀█▄▀██████████████▀▄█▀
   ▀█▄▀▀████████▀▀▄█▀   
     ▀▀█▄▄▄▀▀▄▄▄█▀▀     
          ▀▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
███▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀███
██▌                 ▐██
██▌                 ▐██
██▌                 ▐██
██▌                 ▐██
██▌                 ▐██
▐██                 ██▌
 ███▄             ▄███
  ▀███▄         ▄███▀ 
    ▀▀███▄▄▄▄▄███▀▀   
        ▀▀▀▀▀▀▀       
 
██ ████  ██████  ██████ ███ ████ ██████████████████████

..WHITEPAPER..





             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀





▄█████████████████████████▄
███████████████████████████
███████████████▀       ████
██████████████      ▄▄▄████
██████████████    ▐████████
██████████████    ▐████████
██████████            ▐████
██████████            █████
██████████████    ▐████████
██████████████    ▐████████
██████████████    ▐████████
▀█████████████    ▐███████▀





                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌
SANALIU
Full Member
***
Offline Offline

Activity: 126
Merit: 100



View Profile
July 05, 2016, 04:37:46 AM
 #29

inviesting mining majority only hyip not real mining
only member get member and result scam
Ethey
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
July 05, 2016, 05:29:53 AM
 #30

At this price point, it definitely is. You always need cheap electricity but people were making profits even when the price was 450$. Still, you never know what is going to happen to the price so it is still a bit of gambling. Every investment has a little bit of gambling in itself tho, i  wouldn't invest my life savings into mining.

Hmm, im not really thinking Mining is really "profitable" at the moment. Only really if u do it really really big.. than u could earn a lifing from but this is so much invested Money that if something would happen u maybe gonne lose everything :/

Newcoins2020
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
July 05, 2016, 08:04:16 AM
 #31

Hashnest is the most legit cloud mining company because its backed up by bitmain the company which produces the antminers so they are as legit as it can get. You will have difficulty ROI-ing with them, but a lot of shit posters here who talk without knowing anything and claiming this is a ponzi.
You can invest in Hashnest and they will be here as long as Bitmain will continue producing antminers.

It's legit like genesis mining but there is 2 differences
Genesis mining have scammed users in the past with Scrypt hashing
Genesis mining is famous for determing payout how they suit fine. Making it too expensive.

What they do both is offer nobody ROI though
HarryKPeters
Hero Member
*****
Offline Offline

Activity: 896
Merit: 1000


Live Stars - Adult Streaming Platform


View Profile
July 05, 2016, 08:24:48 AM
 #32

At this price point, it definitely is. You always need cheap electricity but people were making profits even when the price was 450$. Still, you never know what is going to happen to the price so it is still a bit of gambling. Every investment has a little bit of gambling in itself tho, i  wouldn't invest my life savings into mining.

Hmm, im not really thinking Mining is really "profitable" at the moment. Only really if u do it really really big.. than u could earn a lifing from but this is so much invested Money that if something would happen u maybe gonne lose everything :/

It's isn't profitable, and i strongly doubt it was profitable ever. IF you have money to invest there are 2 safe options
- Holding for an increase
- Trading altcoins

rphk
Full Member
***
Offline Offline

Activity: 210
Merit: 100



View Profile
July 05, 2016, 09:08:27 AM
 #33

I do not suggest to invest on cloud mining site  because they go scam anytime , i already had best experience investing on cloud mining site like hash ocean ,some one said has ocean is legit paying past two years , but it turned scam 15 days back.

_____________________EBCOIN_____________________      █ █   WHITEPAPER  █ █     JOIN TOKEN SALE  >  Feb 1st, 2018 - Feb 14th, 2018
The Best Gift for Travelers           ◢◢      Your Gateway to a $60 Billion Dollar Global Market      ◤◤
▬▬▬▬                FACEBOOK                 TWITTER                 SLACK                 MEDIUM                 TELEGRAM               ▬▬▬▬
BTCdoaA
Hero Member
*****
Offline Offline

Activity: 896
Merit: 500



View Profile
July 05, 2016, 09:14:11 AM
 #34

I do not suggest to invest on cloud mining site  because they go scam anytime , i already had best experience investing on cloud mining site like hash ocean ,some one said has ocean is legit paying past two years , but it turned scam 15 days back.
yes cloud mining going to be scam anytime soon like what happen in hashscam in all case wait at least for bitcoin halving then look at hashnet again to calculate your profit .

            ▄▄████▄▄
        ▄▄██████████████▄▄
      ███████████████████████▄▄
      ▀▀█████████████████████████
██▄▄       ▀▀█████████████████████
██████▄▄        ▀█████████████████
███████████▄▄       ▀▀████████████
███████████████▄▄        ▀████████
████████████████████▄▄       ▀▀███
 ▀▀██████████████████████▄▄
     ▀▀██████████████████████▄▄
▄▄        ▀██████████████████████▄
████▄▄        ▀▀██████████████████
█████████▄▄        ▀▀█████████████
█████████████▄▄        ▀▀█████████
██████████████████▄▄        ▀▀████
▀██████████████████████▄▄
  ▀▀████████████████████████
      ▀▀█████████████████▀▀
           ▀▀███████▀▀



.SEMUX
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
Ethey
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
July 05, 2016, 09:17:37 AM
 #35

I do not suggest to invest on cloud mining site  because they go scam anytime , i already had best experience investing on cloud mining site like hash ocean ,some one said has ocean is legit paying past two years , but it turned scam 15 days back.
yes cloud mining going to be scam anytime soon like what happen in hashscam in all case wait at least for bitcoin halving then look at hashnet again to calculate your profit .

that sounds angry  Grin wait until the halving is there Smiley
I think the Price will simply increase Wink

bapparabi
Hero Member
*****
Offline Offline

Activity: 826
Merit: 1000


View Profile
July 05, 2016, 09:28:52 AM
 #36

yes we have to keep eye on the halving once it happen we can know if mining is profitable or not all depend mat be price will increase
Babayega31
Hero Member
*****
Offline Offline

Activity: 630
Merit: 500


Cryptocurrency Wallet - Denaro.io


View Profile
July 05, 2016, 09:34:47 AM
 #37

I do not suggest to invest on cloud mining site  because they go scam anytime , i already had best experience investing on cloud mining site like hash ocean ,some one said has ocean is legit paying past two years , but it turned scam 15 days back.
yes cloud mining going to be scam anytime soon like what happen in hashscam in all case wait at least for bitcoin halving then look at hashnet again to calculate your profit .

Bad times for investor is coming cloudmining for today is slowly down and running with plenty of money, thats why we should really not to look at it as way we can earn money because they are made just to scam people and make their self rich, and we must bare to our minds that even real mining hardwares are not profitable how much more the cloudminings, and for the sites running it they are all ponzi that will turn scam

       ▄▄
     ▄███
    █████
██████████████▄▄
██████████████████▄
███████████████████
█████     ▀▀█████████              ███████████▄    ███████████  ████      ███      ████      ██████████▄     ▄██████████▄
█████         ▀███████             ███▀▀▀▀▀▀▀███   ███▀▀▀▀▀▀▀▀  █████     ███     ██████     ███▀▀▀▀▀▀███   ████▀▀▀▀▀▀████
████            ██████             ███        ███  ███          ██████    ███    ███  ███    ███       ██   ███        ███
███▀            ██████             ███        ███  █████████    ███ ███   ███    ███  ███    ███▄▄▄▄▄▄███   ███        ███
█▀              ██████             ███        ███  ███▀▀▀▀▀▀    ███  ███  ███   ███    ███   ██████████▀    ███        ███
                ██████             ███        ███  ███          ███   ███ ███   ██████████   ███  ▀███▄     ███        ███
              ▄███████             ███▄▄▄▄▄▄▄███   ███▄▄▄▄▄▄▄▄  ███    ██████  ███▀▀▀▀▀▀███  ███    ▀███▄   ████▄▄▄▄▄▄████
          ▄▄█████████              ███████████▀    ███████████  ███     █████  ███      ███  ███      ▀███   ▀██████████▀
 █████████████████
▄████████████████▀
█████████████▀▀
    █████
    ███▀
    ▀▀
|.CRYPTOCURRENCY WALLET AND.
.WORLDWIDE DEBIT CARDS▬▬...||
                               ▄▄▄▄
                             ▄██████▄
    ██████████████████████████▀ ▄▄ ▀█████████
    ██                     ███  █   ███    ██
  ▄███████████████████████████████████████████▄
 ███████████████████████████████████████████████
████▀                                       ▀████
███                                           ███
███                    ███████▄               ███
███   ▄█████████▄      ██    ▀██        ▄████████
███   ██       ██              ██      ██▀    ███
███   ██  ███  ██              ██      ██  ██ ███
███   ██       ██      ██    ▄██       ██▄    ███
███   ▀█████████▀      ███████▀         ▀████████
███                                           ███
███     ██  ██  ██  ██  ██  ██  ██  ██        ███
███      ██  ██  ██  ██  ██  ██  ██  ██       ███
████▄                                       ▄████
 ███████████████████████████████████████████████
  ▀███████████████████████████████████████████▀
|
aubert
Legendary
*
Offline Offline

Activity: 1232
Merit: 1003



View Profile
July 05, 2016, 10:14:20 AM
 #38


Better wait a halving before investing it to any cloud mining.

Correct me if I'm wrong, but wouldn't it be better to start right now and reap the benefits of the 25 BTC block reward while one can before it cuts in half, instead of waiting until rewards are only 12.5 BTC?

I would like to point out the many cloud mining scams; GAW miners, LTCgear, Hashie, Genesis Mining, Hashocean. As you can see this were quite large companies and yet they succeeded to scam their clients. So ask you, do you really think cloud mining is worth it or even profitable? My experience is that home mining, hasn't been profitable since the the S4.
Cloud mining has never been profitable.
don't sure those sites which you mentioned above are a real large company instead of just shitty fake company which don't even have datacenter themselves and claiming to be large company running on 1st world countries and located there,you know so many cloudminers claiming having datacenters on 1st world country just to trick people to join


     ▄▄███████████▄▄     
   ▄██▀▀   ▐██▌  ▀▀██▄   
  ██▀  ▄▄███████▄▄  ▀██ 
 ██  ▄█▀         ▀█▄  ██
▐█▌ ██             ██ ▐█▌
██  █               █  ██
█████▌             ▐█████
██████             ██████
▐██████▄         ▄██████▌
  ███████▄     ▄███████ 
   ▀███████▄ ▄███████▀   
     ▀█████████████▀     
       ▀█████████▀       
         ▀█████▀         
           ▀█▀           



                ▄███████████▄
               ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
         ▄████████████████████████▄
        ██▀                      ▀██
       ██                          ██
 ▄▄   ██                            ██   ▄▄
 ██████                              ██████
  ▀▀████████████████████████████████████▀▀
   ▐████████████████████████████████████▌
   ▐   ▀████████████████████████████▀   ▌
   █      █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀██      █
   ██████████████████████████████████████
   ▀▀▀▀▀▀▀████████████████████████▀▀▀▀▀▀▀
   ██████                          ██████
  JOIN OUR COMMUNITY 
FACEBOOK  │  TWITTER  │  LINKEDIN
BITCOINTALK  │  TELEGRAM  │  WHITEPAPER
ardentvolcanoes
Sr. Member
****
Offline Offline

Activity: 518
Merit: 250



View Profile
July 05, 2016, 03:35:00 PM
 #39

Right now, I'm planning to invest more or less $100 in HashNest since I've used their services before, but on a very very small scale.

$100 would get me about 1TH. Would it still be worth it? Based on some calculations, the ROI would be just under 90 days. Their prices are pretty stable.

i think it is not a good idea to invest with any cloud mining services not only for this but also at the next month or years because you don't even know if it is truly trusted and i don't think that there's a trusted cloudmining site out there you should be aware .


░░░░░░░░░▄▄██▀▀▀▀██▄▄
░░░░░░▄██▀░░░░░░░░░░▀██
░░░░▄█▀░░░▄▄█▀▀▀█▄▄░░░▀█▄
░░░▄█░░▄█▀▀░░░░░░░▀▀█▄░░█▄
░░▄█░░░░░░░░░░░░░░░░░░░░░█▄
▄█░░▄█░░░░░░░░░░░░░▄▄░█░░█▄
█░░█▀░░░░░░░░░░░░░░▌▐░▀█░░█
▄█░█▀░░░░░░░░░░░░▄▄░▌▐░░▀█░█▄
█░░█░░░░░░░░░░░░░▌▐░▌▐░░░█░░█
█░▐█░░░░░░░░░░▄▄░▌▐░▌▐░░░█▌░█
█░▐█░░░░░░░▄▄░▌▐░▌▐░▌▐░░░█▌░█
█░░█░░░░▄▄░▌▐░▌▐░▌▐░▌▐░░░█░░█
▀█░█▄░░░▌▐░▌▐░▌▐░▌▐░▌▐░░▄█░█▀
█░░█▄░░▀▀░▀▀░▀▀░▀▀░▀▀░▄█░░█
██░░▀█░░░░░░░░░░░░░░░█▀░░█▀
░░▀█░░░░░░░░░░░░░░░░░░░░░██
░░░▀█░░░▀█▄▄░░░░░░▄▄█▀░░█▀
░░░░▀█▄░░░▀▀█▄▄▄▄█▀▀░░▄█▀
░░░░░░▀██▄░░░░░░░░░▄██▀
░░░░░░░░░▀██▄▄▄▄▄██▀▀
LUCRE....DON'T HODL; TRADE!....
Telegram.... Facebook .... Twitter .... Youtube
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
BITCOIN & CRYPTO CURRENCY
ALGORITHMIC TRADING & SIGNAL SERVICE

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄

      ▄▀▀▀▀▀▀▀▀▀▀▀▄
     █   ▄▄▄▄▄▄   ██▄
     █  ▓▓▓▓▓▓▓▌  ████▄
     █  ▓▓▓▓▓▓▓▌  ██████
     █  ▓▓▓▓▓▓▓▌  ███████▄
     █  ▓▓▓▓▓▓▓▌  ▐▓███████▄
     █              ▀▀▀▀▀▀▀▀█
     █  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  █
     █                      █
     █  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  █
     █  ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄  █
     █                      █
     █  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  █
     █                      █
      ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
bitcoinhopper
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250

Bravity is beautiful.


View Profile
July 05, 2016, 07:12:11 PM
 #40

Yes I think its still worth it but its also how you look at it in my eyes there is nothing wrong with mining but always do it yourself.
If you are doing with websites it will most likely be a ponzi scheme so never do this at all!

Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!