cloud mining

[Tyrantt]

I've always kelt myself away from investing bitcoin somewhere, always been very sceptical but now I'm thinking... Are there any legit cloud mining services that can give out profit on a longer road? I've used cex.io a couple of years back and did get some profit on the long run.

[NorrisK]

You are probably better of by just buying the bitcoin yourself and just hold them.

Especially now that mining rewards have halved, the ROI on cloudmining has essentially doubled.

Why would you rather cloudmine them than buy them? You can have them now for sure or down the road only if you make ROI.

[Wusolini]

I've always kelt myself away from investing bitcoin somewhere, always been very sceptical but now I'm thinking... Are there any legit cloud mining services that can give out profit on a longer road? I've used cex.io a couple of years back and did get some profit on the long run.

to me the legit mining companies are Bitmain and BW (both chinese)

Bitmain -  I got quite good profit due to combination of mining and trading .... also invested in their Pacmic and I'm satisfied. In past there used to be no fees at all but now you have to pay fee when selling the hashes. It's not much but .. still something.

BW - I have no experience with mining, only using the interest wallet.

[Qwitty]

Maybe EoBot is legit, but after the halving they payouts reduce a lot. I think is legit, but not invest a lot, even they say that, just do it for fun.

[Strongkored]

I've always kelt myself away from investing bitcoin somewhere, always been very sceptical but now I'm thinking... Are there any legit cloud mining services that can give out profit on a longer road? I've used cex.io a couple of years back and did get some profit on the long run.

For example, we see only the first site hashocean cloudmining said very legit, and will not scam. In the end we know they carry the customer money and said it was as hacking. LOL
From the above example you can certainly find the answer yourself. Is there cloudmining a really legit or not. But I think if you have a better hold bitcoin and sell them in the future if the price go up. Or do mining yourself at home

Maybe EoBot is legit, but after the halving they payouts reduce a lot. I think is legit, but not invest a lot, even they say that, just do it for fun.

please do not say maybe, because I think things associated with money it should for sure.

[electronicash]

I've always kelt myself away from investing bitcoin somewhere, always been very sceptical but now I'm thinking... Are there any legit cloud mining services that can give out profit on a longer road? I've used cex.io a couple of years back and did get some profit on the long run.

For example, we see only the first site hashocean cloudmining said very legit, and will not scam. In the end we know they carry the customer money and said it was as hacking. LOL
From the above example you can certainly find the answer yourself. Is there cloudmining a really legit or not. But I think if you have a better hold bitcoin and sell them in the future if the price go up. Or do mining yourself at home

Maybe EoBot is legit, but after the halving they payouts reduce a lot. I think is legit, but not invest a lot, even they say that, just do it for fun.

please do not say maybe, because I think things associated with money it should for sure.

hashocean is just the recent example of what can happen to those users who invested to these scam cloudmining.
you'd rather invest to gambling sites actually. or maybe just hold your coin until such time that btc will rise for than 1K.

[notlist3d]

I've always kelt myself away from investing bitcoin somewhere, always been very sceptical but now I'm thinking... Are there any legit cloud mining services that can give out profit on a longer road? I've used cex.io a couple of years back and did get some profit on the long run.

For example, we see only the first site hashocean cloudmining said very legit, and will not scam. In the end we know they carry the customer money and said it was as hacking. LOL
From the above example you can certainly find the answer yourself. Is there cloudmining a really legit or not. But I think if you have a better hold bitcoin and sell them in the future if the price go up. Or do mining yourself at home

Maybe EoBot is legit, but after the halving they payouts reduce a lot. I think is legit, but not invest a lot, even they say that, just do it for fun.

please do not say maybe, because I think things associated with money it should for sure.

hashocean is just the recent example of what can happen to those users who invested to these scam cloudmining.
you'd rather invest to gambling sites actually. or maybe just hold your coin until such time that btc will rise for than 1K.

What seems to happen with cloud mining is a site will come up and target new user's.  Promise great ROI and use alt's to spread it on forum and telll how great they are.  But fact is sadly almost all cloud mining is scam or ended bad.   Just not a good track record out there for them.

Only one I send people to anymore is Hashnest, it is as legit as it get's on cloud mining.  There is no guarantee of ROI but you stand a honest chance at it.  That being said I know some have held off hoping for S9 on it..... no clue when that happens though.

[Strongkored]

hashocean is just the recent example of what can happen to those users who invested to these scam cloudmining.
you'd rather invest to gambling sites actually. or maybe just hold your coin until such time that btc will rise for than 1K.

haha i think you right, cloudmining could also include gambling that you play. It's just different looks, because there are only two factors there. If your ROI and get the profit it is win. But if the cloudmining site is a scam before your ROI means you lose.
If such is more like gambling than investing: D

[BrewMaster]

i have seen so many cloudmining sites run away with money that i am sure that there is no legit cloudmining site.

in fact cloudmining is a new cover for ponzi schemes to have a face while asking for your money to take and run.

[Xanidas]

i have seen so many cloudmining sites run away with money that i am sure that there is no legit cloudmining site.

in fact cloudmining is a new cover for ponzi schemes to have a face while asking for your money to take and run.

not all, there is still hashnest.com that stays legit for years, they are backed up by bitmain and so many users use their service for long time now.

[pooya87]

I've always kelt myself away from investing bitcoin somewhere, always been very sceptical but now I'm thinking... Are there any legit cloud mining services that can give out profit on a longer road? I've used cex.io a couple of years back and did get some profit on the long run.

the only place with legit hashpower that i knew of was the same good old cex.io and it was good because you could trade GHS and profit from the trade and price changes also. but from that time up until now the rest are either scam sites that are running a ponzi or they have a terrible ROI which makes it waste of time to invest.

[Digitalbitcoin]

As time is going it's always changing the facts. I personally used few of mining service previous as before first halving, but that time that technology was sufficient to get good ROI. But later on all goes shut down, Even in current affairs I have experienced hashOcean also. But after having HashOcean also cannot afford to pay daily about 1800 BTC to Its users. Sames as in now current market condition few services have already started with more transparency. But it all depends upon price of BTC.

If price of BTC increase then mining will be profitable in future with current difficulty level, block heights and Block rewards.

[Red-Apple]

I've always kelt myself away from investing bitcoin somewhere, always been very sceptical but now I'm thinking... Are there any legit cloud mining services that can give out profit on a longer road? I've used cex.io a couple of years back and did get some profit on the long run.

back then, in the time of GHASH.IO and CEX.IO there was a different time, back then the maintenance fees weren't this high and you could actually make a profit from cloudmining but these days all these sites are returning your own investment with a lot of trouble and the profit will come so late that you will be regretful of your investment.

[Digitalbitcoin]

I've always kelt myself away from investing bitcoin somewhere, always been very sceptical but now I'm thinking... Are there any legit cloud mining services that can give out profit on a longer road? I've used cex.io a couple of years back and did get some profit on the long run.

back then, in the time of GHASH.IO and CEX.IO there was a different time, back then the maintenance fees weren't this high and you could actually make a profit from cloudmining but these days all these sites are returning your own investment with a lot of trouble and the profit will come so late that you will be regretful of your investment.

I think all cloud mining companies are just show some statistics to user to fascinate. User also get excited and invest some amount. But user never know whats actually happening behind.

These cloud mining companies just roll money from person to person with tier of level.

As level increase money start to flow and thats all after then it get shut down finally because lack of strategy. And also get lost of own principle capital also.

For example if I invest 1 BTC somewhere for mining. In such case they just pay me certain amount which is quite lower compare to investment, and make promise of sending payments daily for 90 days or more. To cover ROI.

[Digitalbitcoin]

I've always kelt myself away from investing bitcoin somewhere, always been very sceptical but now I'm thinking... Are there any legit cloud mining services that can give out profit on a longer road? I've used cex.io a couple of years back and did get some profit on the long run.

back then, in the time of GHASH.IO and CEX.IO there was a different time, back then the maintenance fees weren't this high and you could actually make a profit from cloudmining but these days all these sites are returning your own investment with a lot of trouble and the profit will come so late that you will be regretful of your investment.

I think all cloud mining companies are just show some statistics to user to fascinate. User also get excited and invest some amount. But user never know whats actually happening behind.

These cloud mining companies just roll money from person to person with tier of level.

As level increase money start to flow and thats all after then it get shut down finally because lack of strategy. And also get lost of own principle capital also.

For example if I invest 1 BTC somewhere for mining. In such case they just pay me certain amount which is quite lower compare to investment, and make promise of sending payments daily for 90 days or more. To cover ROI.

In such scenario company can afford little amount but mainly rotate amount invested by user. After certain period people think that company is trusted and start to reinvest  or go for compounding and make mistake.

Companies exactly want this. Because more and more people bring more money for them to circulate in market.  

[utkarshm]

i dont think any of the cloud mining sites are trustable...Recently topmine gone hashocean also gone..and many more before so please do not invest in any of the cloud mining sites

[arseaboy]

much better to buy bitcoin than do investment with cloud mining it is hard to trust by now as many online cloud mining already run away with their scam earnings, buying bitcoin and hold for a while might be much better mate.

[Digitalbitcoin]

i dont think any of the cloud mining sites are trustable...Recently topmine gone hashocean also gone..and many more before so please do not invest in any of the cloud mining sites

Some of previous names also gone behind wall as GAWminer, Zenminer, Cloudminer.io and few more are there.

Since this invention takes place such a ponzi offers start to head out. Even few of return to users genuinely but finally all fails.

[BTCLovingDude]

i suggest you read the "Cloudmining 101" topic to gain some in depth knowledge about how these cloudmining sites work and how you can spot them for what they really are.
here is the link: https://bitcointalk.org/index.php?topic=878387.0

you can ask about any new cloudmining site that is not in the list and others will help you find out more about them.

[greBit]

If you want to invest in cloud mining then enter at your own risk as majority of them are ponzi and scams which will run away with your hard earned coins in long run.