CloudMining help?

[Hazir]

if you really want to mine something them maybe turn you head towards altcoin mining? Bitcoin mining especially now, after the halving could be an enigma, we have no idea how it will scale.
The best option is to wait at least 2-3 months to see if halving had any effect on mining operations and don't purchase any mining equipment until then.

[sulendra12]

if you really want to mine something them maybe turn you head towards altcoin mining? Bitcoin mining especially now, after the halving could be an enigma, we have no idea how it will scale.
The best option is to wait at least 2-3 months to see if halving had any effect on mining operations and don't purchase any mining equipment until then.

Yes that's right , because bitcoin mining not really profitable right now because halving.
But you still have altcoin , you can mining altcoin and trade it for better profit.

[mrcash02]

Don't invest cloud mining sites. They aren't profitable and many of them are Ponzi HYIP schemes. And I think isn't adviced to buy a real mining equipment to mine Bitcoins. Hard to make a decent profit and you can lose money. Some people try their luck mining alt coins, hoping to see its price increasing in the future.

[ultrloa]

if you really want to mine something them maybe turn you head towards altcoin mining? Bitcoin mining especially now, after the halving could be an enigma, we have no idea how it will scale.
The best option is to wait at least 2-3 months to see if halving had any effect on mining operations and don't purchase any mining equipment until then.

Yes that's right , because bitcoin mining not really profitable right now because halving.
But you still have altcoin , you can mining altcoin and trade it for better profit.

Ethereum ia the perfect coin alternative coin to mine since bitcoins nowadays are getting mote blocks difficulties, ethereum have slowly rising its value and theirs no doubt that this coin might get hit in the public since people really looking to earn money into it and if this coin can have enough numbers of minere well thats pretty sure that price of ethereum might rise and go above for more as expected.

Don't invest cloud mining sites. They aren't profitable and many of them are Ponzi HYIP schemes. And I think isn't adviced to buy a real mining equipment to mine Bitcoins. Hard to make a decent profit and you can lose money. Some people try their luck mining alt coins, hoping to see its price increasing in the future.

their are legit cloudmining existing right there men like hashnest and genisis-mining but those two above is not really recomendable to put your money at because we knew that mining are not profitable today and they are the more affected since there miner really cannot sustain and give profits that they want and thats the reason why we should be warn since anytime they could collapse with our beloved money if we still invest eventhough theres danger tagging at them.

[Carlsen]

There are a few possible outcomes when you invest in cloudmining, but none of them are in your favour.
You will never reach the point of investment.

If you mine, be sure that the price of electricity in your region makes it profitable for you.
And it does not always need to be bitcoins, there are altcoins out there as well.
But be cautious withe ether. A hard fork is coming this week there, and nobody knows what the outcome will be.

[Newcoins2020]

OP, if you serious about (and this isn't a shill account to start promoting a new ponzi) then please first google some cloud mining companies,
hashie, gawminers, ltcgear and hashocean. You will find enough information that these things are a fraud and it isn't worth the time.

[HarryKPeters]

I have to agree with the other users here.
Cloud mining is a good way to lose your money. If you are in for profit then try holding bitcoin or learn altcoins trading.

[Kakmakr]

I have to agree with the other users here.
Cloud mining is a good way to lose your money. If you are in for profit then try holding bitcoin or learn altcoins trading.

OP, is asking for some way to get into mining, not buying Bitcoins or Alt coin trading. You are correct in one way, and it is that Cloud mining is the perfect way to piss your money away. The people who gained any return on their investment, where the first people who joined on these sites, the rest after them just paid for their profits. The best option now, if you want to get into mining, would be to focus on Alt coin mining and not Bitcoin, because the difficulty is just too high, to make it profitable. ^hmmmmm^

[rphk]

cloud mining sites are always risky , even some one says it is legit it turns scam after some days . some one genesis- mining , and some people say hash flare is legit , but not sure they may go scam at any time as we seen so many cloud mining sites gone scam.

[JeffBrad12]

I have to agree with the other users here.
Cloud mining is a good way to lose your money. If you are in for profit then try holding bitcoin or learn altcoins trading.

 You are correct in one way, and it is that Cloud mining is the perfect way to piss your money away. The people who gained any return on their investment, where the first people who joined on these sites, the rest after them just paid for their profits.

That's right the cloud mining just made a profit for who he has joined with them at first and for another person who join with them after that is always getting a scam or their money is away.

[Newcoins2020]

cloud mining sites are always risky , even some one says it is legit it turns scam after some days . some one genesis- mining , and some people say hash flare is legit , but not sure they may go scam at any time as we seen so many cloud mining sites gone scam.

Like you said, cloud mining is the perfect way to make the owner of the cloud mining rich.
Btw genesis mining is far from reliable. They have scammed their users with fees and income. The only legit, but not profitable cloud mining provder is hashnest.

[AgentRuan]

Hey guys! 

Thank you all so much for the help. I read all the replies and I have decided that it's better for me to buy an AntMinerS9 (which I already bought). I think I'll stay away from cloudmining for now.
Because I have free electricity in my dorm, I think it'll work perfectly.
Thank you so much once again! I truly appreciate it!

Digitally and respectfully,
AgentRuan

[passivebesiege]

Hey guys. I have some money right now that I could invest into CloudMining. Although I could almost purchase another AntMiner S7, I think it's loud and hot enough in my basement already. Additional heat might not be too good, considering it's a pretty small basement.
Does anyone know any good and reliable CloudMining sites? Does anyone have any experience (good or bad) in Cloud Mining? I'm thinking it might be a good (ish?) investment?
I know that there are a lot of scams, but I'm looking for something legit.
Thank you all so much!

Mining by your  self I think it depends in the country if how it be profitable if your electric bill is high  I suggest do not try mining, in cloud mining sites many of it close so before you make a decision think more before joining.

[maydna]

do not take too much invest on cloud mining, because if you only mining bitcoin that have increase its diff day by day, then your profit its not much, even if you have 10 THS or so. better you invest your bitcoin into money and then you buy VGA cards and after that you can mining much coin, not only ETH. and if you have get much profit, then you can sell the VGAs if you want.

[BitcoinSupremo]

Don't invest in cloud mining. Just don't. If you really want to invest your bitcoins much better than investing it in not profitable business like legit cloud mining is to invest your bitcoins in a casino bankroll. For a trusted list of casinos who accept investing in their bankroll please take a look in the Gambling section. Consider this as a long time investment as although low house edge from reputed casinos there are a lot of people who plays there and chances are high you will come out in profit in the long run. Forget cloud mining, is from long dead and not profitable.

[pvaspecialist]

I Just can tell you keep away from CloudMining.you can mine with your  AntMiner S7 that would be best decision.you can buy new AntMiner S9 its now popular.My suggestion just keep away from cloud mining because most of the site are scam you will lose your all money.specially I believe every cloud mining sites are ponzi scheme.the real mining is rig mining.

[Altynbekova]

I Just can tell you keep away from CloudMining.you can mine with your  AntMiner S7 that would be best decision.you can buy new AntMiner S9 its now popular.My suggestion just keep away from cloud mining because most of the site are scam you will lose your all money.specially I believe every cloud mining sites are ponzi scheme.the real mining is rig mining.

That's all to it. Stay away and keep your money safe. We all should know by now that cloud mining in general are the dark side of bitcoin.
It can be compared with the deep web, which is risky and full with criminals

[Hazir]

Ethereum ia the perfect coin alternative coin to mine since bitcoins nowadays are getting mote blocks difficulties, ethereum have slowly rising its value and theirs no doubt that this coin might get hit in the public since people really looking to earn money into it and if this coin can have enough numbers of minere well thats pretty sure that price of ethereum might rise and go above for more as expected.

I don't think that investing in heavily premined, centrally controlled, overly promoted and without hard cap of number of coins is really that wise.
It can be fine for now, when this coin is overhyped, but I can't see bright  future ahead of ETH.

[andyste]

majority cloud mining only HYIP and scheme ponzy
only few cloud mining is real mining
but is return of invest cloud mining real mining low profit so very dificult choose cloud mining because low profit not guaranted real mining
is low profit hyip and scheme ponzy not real mining is much accident in cloud mining

[Mark02]

majority cloud mining only HYIP and scheme ponzy
only few cloud mining is real mining
but is return of invest cloud mining real mining low profit so very dificult choose cloud mining because low profit not guaranted real mining
is low profit hyip and scheme ponzy not real mining is much accident in cloud mining

Yeah, before I was also fun of cloudmining considering that your BTC is profiting without doing anything right? And after what happened in Hashocean(which I deposit all of my BTC at that time). I came up to the point to stop investing in cloud mining sites. I suggest the BTC which you will put in mining, you can jus invest it in trading as it is much safer there.