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Angell
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July 06, 2016, 07:37:19 AM |
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I spoke to a lot of people and cloud mining is very unprofitable and most of them are scams, be carefull.
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Babayega31
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July 06, 2016, 07:42:04 AM |
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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 I dont know about the others but i know genisis mining have mining company that turns ponzi since there mining hardwares are not really profitable by now thats why they join the ponzi scheme to sustain there daily fees and make their company survive and thats the reason we must really avoid cloudmining now, because even if they are real company anytime they will collapsed soon just bare in our mind mining is not profitable nowadays. |
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HarryKPeters
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July 06, 2016, 10:49:32 AM |
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I spoke to a lot of people and cloud mining is very unprofitable and most of them are scams, be carefull.
A lot of people say this, but by now you should have read all the topics about cloud mining. There are so many scam reports. It doesn't make sense if you still consider it. |
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JeffBrad12
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July 06, 2016, 03:45:52 PM |
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I spoke to a lot of people and cloud mining is very unprofitable and most of them are scams, be carefull.
A lot of people say this, but by now you should have read all the topics about cloud mining. There are so many scam reports. It doesn't make sense if you still consider it. The time for cloud mining is ended, and a lot of users is learning more knowledge from the accident of cloud mining, this time, to move on from cloud mining. I assume no needed to discuss cloud mining for now just waste many of your time. |
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GregH37
Legendary
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Activity: 1302
Merit: 1037
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July 06, 2016, 04:08:44 PM |
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I spoke to a lot of people and cloud mining is very unprofitable and most of them are scams, be carefull.
Most of them? for me all of them are scams. I also invested some coins in some cloudmining sites in the past. but got scammed as usual. I don't even think a cloudmining worth to invest no matter if the site is online from 4 years or 5 years. like hashflare or genisis mining. so if someone still try to invest in cloudmining after know about it then he is just a stupid. |
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bitcoinhopper
Sr. Member
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Merit: 250
Bravity is beautiful.
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July 06, 2016, 09:24:39 PM |
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In my eyes its not worth it at all because investing in mining is not profitable anymore these days.
Another thing is that investing right now will let you lose a lot of money most likely because of the fact that these websites are Ponzi's..
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DavidoAlto
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July 07, 2016, 07:13:59 PM |
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I recommend you to not invest in any mining possibility, it has a bad future right now and its also not worth it.
Right now a lot of them are also scammers that are just want to start up a ponzi to scam you at the end.
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Chrismeister
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July 07, 2016, 10:03:19 PM |
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I recommend you to not invest in any mining possibility, it has a bad future right now and its also not worth it.
Right now a lot of them are also scammers that are just want to start up a ponzi to scam you at the end.
I fully agree investing into the bitcoin mining right now is not smart because its not worth it anymore. Mining is gonna be more expensive than what you get, I really do not think its worth it... |
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ultrloa
Legendary
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Activity: 2758
Merit: 1228
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July 07, 2016, 11:30:31 PM |
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In my eyes its not worth it at all because investing in mining is not profitable anymore these days.
Another thing is that investing right now will let you lose a lot of money most likely because of the fact that these websites are Ponzi's..
mining could be profitable if you look for another alts to mine since some of them are not vert hard to mine nowadays like ethereum some of miners shift to this coins knowing bitcoins have more difficulties added each year pass, In the other hand as you can read from mining section some of them disposing and selling their rigs since they found that their hardwares are not really profitable today. I recommend you to not invest in any mining possibility, it has a bad future right now and its also not worth it.
Right now a lot of them are also scammers that are just want to start up a ponzi to scam you at the end.
Very not recommended since all of site running as cloudmining today are all scam theres no such thing legal about cloudminings nowadays some of company are joining the ponzi scheme and some others are intended just to scam so its better for us to leave it and dont look for cloudmining/hyips to invest to earn easy money. |
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Newcoins2020
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July 08, 2016, 07:03:46 PM |
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I recommend you to not invest in any mining possibility, it has a bad future right now and its also not worth it.
Right now a lot of them are also scammers that are just want to start up a ponzi to scam you at the end.
Mining both direct mining and cloud mining are ventures which i see as very risky. Just look at any calculator and you see that even with the most advanced miners you will end up with a lost. |
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CryptoBjorn
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July 08, 2016, 09:00:09 PM |
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I recommend you to not invest in any mining possibility, it has a bad future right now and its also not worth it.
Right now a lot of them are also scammers that are just want to start up a ponzi to scam you at the end.
Mining both direct mining and cloud mining are ventures which i see as very risky. Just look at any calculator and you see that even with the most advanced miners you will end up with a lost. Its indeed very risky and the fact is also that its not even profitable any more in my eyes its a waste of time and money by investing into the mining of bitcoin right now to be honest. In my eyes you can better invest in startups/company's or other things to make some good money instead of investing it into mining bitcoin, its just not worth it anymore and the halving is also coming soon. |
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Bitcoinbro
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July 09, 2016, 09:32:51 PM |
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Investing is good and it can provide you some good money these days with the bitcoin, in mining itself I would not do this because its not profitable anymore.
If you even wants to do this you should do it yourself and not try some cloud mining or something because that are just ponzi's.
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sishendaoye
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July 10, 2016, 01:34:23 AM |
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I spoke to a lot of people and cloud mining is very unprofitable and most of them are scams, be carefull.
They are all scammers you should not even try it because you are getting scammed without any doubts. Its not profitable and not worth investing into such service also if you are asking me. |
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lol3c
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July 10, 2016, 12:30:54 PM |
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It's a very long process, and with the current halving event, the mining became even more unprofitable.
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Supercrypt
Legendary
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Activity: 1554
Merit: 1054
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July 10, 2016, 01:16:40 PM |
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It's a very long process, and with the current halving event, the mining became even more unprofitable.
I believe we need not to worry about the profitability of bitcoin mining as the price will roar again to compensate the halving consequences hopefully. This had happened in the past, so expecting the same is not being over-optimistic IMHO. We can expect either the price of bitcoin will go up or the difficulty of bitcoin network will come down (Due to the result of non-profitable, some miners might shut down their mining process) to cope up the mining expenses. |
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shinratensei_
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Activity: 3094
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
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July 10, 2016, 02:32:29 PM |
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It's a very long process, and with the current halving event, the mining became even more unprofitable.
Nothing having a perception if mining is not worthed for now, but it's just a prediction. maybe the miners are feeling different with that. and better to talking with miners about that, because those who feel the halving of impact is the miners. |
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alexjonescrypto
Member
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July 11, 2016, 07:34:55 AM |
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only altcoin mining is worth it. You also need early coins with big upside.
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JasonXG
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July 27, 2016, 08:17:10 PM |
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only altcoin mining is worth it. You also need early coins with big upside.
I also think so. Mining difficulty is insane and through the roof ! Unless you have a massive mining farm you won't be able to keep up. So a bit of luck and skill picking good altcoins and adopting early is the only way to profit on a small scale. |
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dragovich5d
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July 29, 2016, 12:45:02 AM |
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Most services won't last long anyways, especially if they are a ponzi. There's almost always going to be at least a couple of problems showing themselves over the years(ex. no miners/miners are broken) just wasting your time(and money), or they just might simply run.
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lumeire
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Merit: 1009
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July 30, 2016, 10:44:40 AM |
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Speaking from experience, you can profit from them if you know what you're doing. Just consider the legit ones like HashNest.
If you're looking for an invest-and-forget scheme then it just won't work. With cloudmining, believe me you should be able to predict when to sell your GH/s, like when a new miner is out etc. Otherwise you can and you will lose.
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