Best Paying and Legit Mining Sites. anyone?

[Doamader]

Anyone? That can share Mining Sites that are LEGIT, WORKING and PAYING 101%..
Most of mining sites nowadays turn to SCAM in months or a year.. The money invested cannot be refunded. Thank you for sharing your knowledge..

Hashnest and BW.com both have internal markets where you can buy and sell hashing power. The better S9 has not made it to Hashnest yet.

Have you ever tried to invest in hashnet.com? and what do you mean by S9 is better but has not made  it to hashnest yet? Could you exactly explain it to me, I asked it because I never try hashnest to invest in. Mostly I tried in Bitminister.com so far so good in my experience now.

Have used Hashnest often in past. The most profitable miner Bitmain sells is S9 but they are not selling hash for it on Hashnest yet, only S7. The main advantage of buying mining hashpower at Hashnest is the market. You can sell anytime you like, you are not locked in.

But does those cloud still allow you to roi? As i know those clouds usually make the roi time to be over 1 year and now they are mooving to 2 years to roi, the thing is invest into cloud is similiar to throw away money, atleast this is my results.

[BitcoinNewsMagazine]

I'm still using Genesis-mining and they're not a scam an have already made a profit with them.
But my earnings have been much lower after the reward halving.

yeah, genesis mining seems to be really legit at the moment, it is around for a while and it is still paying the people

Genesis Mining like any other company is in business to make money for themselves. They have just designed their products so that customers get a very small piece of the pie. After all their negative press I am still amazed they are able to attract new customers. The thread by Glucose previously mentioned should be read before buying anything from Genesis Mining.

I don't think you will ROI on any hosted mining investment you buy now. That might change if Hashnest starts selling S9 hash on Hashnest and bitcoin price goes up considerably. BW.com is not user friendly for anyone who does not read Mandarin but I have managed to use them with help of Google Translate since the English option on the site is not that good.

If you just have to mine buy an S9 and do it yourself as long as you can handle the noise, heat and power requirements. There are also companies that will host your S9 for you.

[Ayers]

why don't you buy your own mining equipment? gpu mining is very safe there is no real risk, you can resale quickly, and profit is better than bitcoin asic mining, there are many profitable coin, and you cna mine with just a single gpu no need to spend thousand of dollar like in bitcoin

[amacar2]

No there is no any legit cloud mining sites and if there are any which is mining in real for you is not profitable with the current price of bitcoin and the price they have. You better don't invest in cloud mining as you will not be able to earn what you invested back even in a year. Stay away from cloud mining sites.

[carlisle1]

I'm afraid no one can give you a solid answer about which are legit and which are not.
Many online mining sites are becoming scam lately.

well that's the reason why there are no one can give him a solid answer because there are no legit mining sites i guess . many are becoming a scams like what you have said . better to not suggest him too much websites of investments he's looking for a legit mining sites meaning that he don't want to risk and waste his bitcoin on a shit ponzi .

[MyPain]

Is it okay to invest in mining sites while it is newly opened?

[Doamader]

Is it okay to invest in mining sites while it is newly opened?

No dont invest being new or old, those cloud as already said they work from themselfes and just, the costumer is their last problem. If you dont have money to buy the equipments just purchase bitcoin directly and stay away from ponzis, clouds and some few others projects made to take your coins.

[shinratensei_]

Is it okay to invest in mining sites while it is newly opened?

It's too bad and dangerous at the same time because they're not having a reputation and average a new cloud mining sites just rebranding from the previous older scam site. and never putting your money in them.

[Wind_FURY]

All I've heard about cloudmining is that you do not get to ROI usually. Some of them even become ponzi schemes and then close down eventually. The difficulty rise and the competing miners make it tough to profit so I would say just stay from it.

There's only one cloudminer I have heard good things about and that is Genesis mining but I have yet to try them.

[Strongkored]

All I've heard about cloudmining is that you do not get to ROI usually. Some of them even become ponzi schemes and then close down eventually. The difficulty rise and the competing miners make it tough to profit so I would say just stay from it.

There's only one cloudminer I have heard good things about and that is Genesis mining but I have yet to try them.

Yeah, a large part ponzi cloudmining only run business and even they do not do the actual mining. I think it's better not to try cloudmining like that, because in the end we will lose the money that has not even ROI.

For genesis I do not know, maybe until today they are still paying. But we do not know what will happen in the future. Thank you

[ChronoLite]

Instead of struggling with the "cloud mining" better to do hardware mining , you can get a good amount but you must prepare some tools like the room , your specification and also your time . Since cloudmining would be scam soon , cuz not have mining proof to share and most likely ponzi schemes.

[Tyrantt]

Anyone? That can share Mining Sites that are LEGIT, WORKING and PAYING 101%..
Most of mining sites nowadays turn to SCAM in months or a year.. The money invested cannot be refunded. Thank you for sharing your knowledge..

don't even look for a Mining Site aka a cloudmining service. you will end up regretting it after a short while. they all have a terrible ROI and almost all of them are a ponzi scheme and even if they don't start out to be a Ponzi scheme they will turn into one soon.

Most of them.. I've got a pretty good profit of around 250% on some russian cloud mining website but that was a few years ago tbh and on cex.io too, when they were selling GHs

[bravehearth0319]

Anyone? That can share Mining Sites that are LEGIT, WORKING and PAYING 101%..
Most of mining sites nowadays turn to SCAM in months or a year.. The money invested cannot be refunded. Thank you for sharing your knowledge..

don't even look for a Mining Site aka a cloudmining service. you will end up regretting it after a short while. they all have a terrible ROI and almost all of them are a ponzi scheme and even if they don't start out to be a Ponzi scheme they will turn into one soon.

As far as I know most of their investment didn't return 100% only 50% is being return or ROI. Because they burn it, that was what happen most of the time if there are some investor investing to their site. If I am going to look at it is scary to invest in and too risky.

[bravehearth0319]

yes , you can say it that hashnest is legit since a year that it is operated . you can suggest it to him but i will advise him not to spend to much money on them i have no other idea if theres a mining that is legit so i will never suggest anything because i am not trusting any investment of bitcoin .

All mining sites or cloudmining nowadays honestly are too risky to invest in. But even though they know its too risky some of the community here stiil continue investing on it, because they are risk taker. it doesn't matter to them if they will loose bitcoin,.. And for me I don't know if there is still legit mining sites in bitcoin industry.

[QuestionAuthority]

If you had a machine that prints $100 bills why would you rent it instead of printing the bills yourself?

Mining rentals make no economic sense. The only way they make sense is if you know your machines won't ROI for you so you rent them to make up the difference. If your equipment has already returned your investment then you run them to death to increase your profit to its max potential.

Effectively using basic logic makes all mining rentals some kind of scam.

[dearbesz1219]

yes , you can say it that hashnest is legit since a year that it is operated . you can suggest it to him but i will advise him not to spend to much money on them i have no other idea if theres a mining that is legit so i will never suggest anything because i am not trusting any investment of bitcoin .

so true agreed with you...there is no need of cash or much money put into...cause some of this are scam, and they earn distrust..so suggestion is to put not much on investment..one you know you can afford to loose..

Therefore there will be no problem to invest to hashnest, as long as you/we must invest only not to much but only trying if there gonna give something more than we invested it. Okay I'll try to that advice.

[agamasrori]

I'm not sure I will give you a good answer that can help you. Make an investment in mining is so waste of time i think but it still can give you a profit, I prefer like to join a signature campaign. If you still wanna invest in minning, may be hashnest is the best I can tell to you.

[takingthis4]

Is it okay to invest in mining sites while it is newly opened?

i dont think that you should do that though because it wouldnt allow you to make any decent money because it will turn out to a scam sooner or later

[MyPain]

To make this discussion in general, Mining Sites are all scam? It may take a few months or a year but it will definitely turn into scam.. Now, i will never ever try again to invest in all forms of mining sites..

[djank]

we get halving and technology is at its peak. So not recommended to use cloud mining atm, either u will get scammed or very loooooooooooooooooooooong ROI (or not ROI at all)