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Author Topic: Cloud Minig Vs Hardware Mining Which is best ?  (Read 5356 times)
noictib
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February 13, 2017, 09:59:19 AM
 #81

Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?


In my opinion both of them are useless because no one sites are more profitable and also return of investment in the trusted sites of mining also long , so it is very annoying thing to invest in cloud mining Secondly some of the ponzi sites are available for mining but they can ran away anytime .
Opposite of the cloud mining  there is option of hardware mining , but in hardware mining we need much amount of electricity to perform by our miner hardware , That results into loss of electricity bills and at the end you will find not much bitcoin than electricy bill .
But still you can try some CPU miners for the altcoin mining . Altcoins price can change any time so there will remain chance of making some better profit .
ArdiPrabowo
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February 13, 2017, 11:08:02 AM
 #82

Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?



hardware mining is the best you money use hardware mining, you can have hardware use mining and can use forever before corrupt youre hardware
and cloud mining you nothing have hardware only investment long time Break event point, and majority only ponzy scheme and someday is scam
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February 13, 2017, 12:29:37 PM
 #83

Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?



hardware mining is the best you money use hardware mining, you can have hardware use mining and can use forever before corrupt youre hardware
and cloud mining you nothing have hardware only investment long time Break event point, and majority only ponzy scheme and someday is scam

For me if we are talking about its legitimacy of earning bitcoins, hardware mining is the best for two choices. Because cloud mining is surely a scam and that's proven by many of the people here. And if you don't want to be another victim of them, better not to put interest on investing with cloud mining or you will regret it.

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February 24, 2017, 08:11:41 AM
 #84

Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?



hardware mining is the best you money use hardware mining, you can have hardware use mining and can use forever before corrupt youre hardware
and cloud mining you nothing have hardware only investment long time Break event point, and majority only ponzy scheme and someday is scam

That is right. You have to choose a reputable cloud mining company.
ged00u
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February 24, 2017, 08:17:27 AM
 #85

Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?



hardware mining is the best you money use hardware mining, you can have hardware use mining and can use forever before corrupt youre hardware
and cloud mining you nothing have hardware only investment long time Break event point, and majority only ponzy scheme and someday is scam

That is right. You have to choose a reputable cloud mining company.
How can you determine which is the reputable cloud mining company? There are thousands of scammers around the digital world and no matter how reputable they are, they can turn into a real scammer anytime they want. Genesis-mining, hashflare, etc can shut down anytime they want. And as you can see, there have been many scam accusation against hashflare. Therefore, gpu mining is still the best. If you have the good amount of money, you should start your own mining farm
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February 24, 2017, 12:53:37 PM
 #86

That is right. You have to choose a reputable cloud mining company.

There is this funny thing about the whole cloud mining business that it is governed by its own laws. In a normal world when a company is promising profits, but isn't delivering any, just making you donate to the cause they are quickly given an appropriate tag and go bankrupt. Here, people see it as a positive feature, because most companies are fake sites made by thieves, that disappear and appear under a new name couple weeks later. Why are you so drawn to this system?

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March 01, 2017, 09:48:27 AM
 #87

Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?



hardware mining is the best you money use hardware mining, you can have hardware use mining and can use forever before corrupt youre hardware
and cloud mining you nothing have hardware only investment long time Break event point, and majority only ponzy scheme and someday is scam

That is right. You have to choose a reputable cloud mining company.
How can you determine which is the reputable cloud mining company? There are thousands of scammers around the digital world and no matter how reputable they are, they can turn into a real scammer anytime they want. Genesis-mining, hashflare, etc can shut down anytime they want. And as you can see, there have been many scam accusation against hashflare. Therefore, gpu mining is still the best. If you have the good amount of money, you should start your own mining farm

Maybe HashNest will refill your confidence to cloud mining. It's the most reliable cloud mining platform supported by Bitmain.
You also can request to redeem your miners back to your address when it's running no profit on our platform.

Bitcoin0916
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March 01, 2017, 10:16:16 AM
 #88

I suggest to select hardware mining, as my experience about a years ago, I was investing about 8 btc, I bought $260, about 4 btc is lost because it exposed the scam cloud mining like hashocean, cld mine, hot-coin and many more. Genesis mining and hashflare are indeed still paid but more than 10 months not get RoI.
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March 01, 2017, 10:36:47 AM
 #89

I suggest to select hardware mining, as my experience about a years ago, I was investing about 8 btc, I bought $260, about 4 btc is lost because it exposed the scam cloud mining like hashocean, cld mine, hot-coin and many more. Genesis mining and hashflare are indeed still paid but more than 10 months not get RoI.
I agree, if we buy S7, estimation of electric price of 12 cents and the price of the bitcoin $1.200, then estimated to get RoI about 7 months. It's not just you that exposed the scam, according to the data of about 50.000 btc in the past year is lost because got scam.
gandame
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March 01, 2017, 01:10:46 PM
 #90

I suggest to select hardware mining, as my experience about a years ago, I was investing about 8 btc, I bought $260, about 4 btc is lost because it exposed the scam cloud mining like hashocean, cld mine, hot-coin and many more. Genesis mining and hashflare are indeed still paid but more than 10 months not get RoI.

I would aso prefer using hardware for mining rather than cloud mining investments because, you can exactky generate profit rather than you invest with mining handled by other proprietors. Most of them only promises non reliable profit gaining so called miners, which they are more expert to convince people to invest for them and most cases resulted to scam which in fact, losses people's profit.
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March 01, 2017, 02:14:47 PM
 #91

Well, If you choose hardware mining, you need to consider the places and electricity power.
Since you need to avoid the noise and high temperature. Also if you got competitive electricity power, hardware mining is a good choice.
You need to be considerable.

spngebob
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March 02, 2017, 10:27:47 AM
 #92

Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?



hardware mining is the best you money use hardware mining, you can have hardware use mining and can use forever before corrupt youre hardware
and cloud mining you nothing have hardware only investment long time Break event point, and majority only ponzy scheme and someday is scam

For me if we are talking about its legitimacy of earning bitcoins, hardware mining is the best for two choices. Because cloud mining is surely a scam and that's proven by many of the people here. And if you don't want to be another victim of them, better not to put interest on investing with cloud mining or you will regret it.

Cloud mining is not scam, it is cloud mining. You are talking about ponzi scams.
However, logically it is better to mine with your own equipment than rent it from someone(like everything else in life)
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March 02, 2017, 01:46:45 PM
 #93

Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?


It all depends on how much hashing power you have on either two and whether you have a cheap source of electricity to run the hardware, you also have to account for the running costs of hardware mining and the inevitable noise pollution. It would a great experience to run your own mine though its costly to setup.

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Rockie1234
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March 02, 2017, 03:11:36 PM
 #94

I really think cloud mining is simply a bad idea. It is true you can make your money back within 12 months, but the site will probably exit scam by then. The legit sites (impossible to know which) won't give you a guaranteed profit; sometimes you will lose money because of electricity fees. Hardware mining is not worth it unless you have a company.
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March 02, 2017, 03:34:38 PM
 #95

I really think cloud mining is simply a bad idea. It is true you can make your money back within 12 months, but the site will probably exit scam by then. The legit sites (impossible to know which) won't give you a guaranteed profit; sometimes you will lose money because of electricity fees. Hardware mining is not worth it unless you have a company.
Cloud mining is not really worth for longer runs since we do all know that mining difficulty does increase Inc any other week which means even though we are receiving returns but in longer runs you will surely feel the amounts that having deducted to the payouts.

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March 02, 2017, 03:43:10 PM
 #96

Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?



hardware mining is the best you money use hardware mining, you can have hardware use mining and can use forever before corrupt youre hardware
and cloud mining you nothing have hardware only investment long time Break event point, and majority only ponzy scheme and someday is scam

For me if we are talking about its legitimacy of earning bitcoins, hardware mining is the best for two choices. Because cloud mining is surely a scam and that's proven by many of the people here. And if you don't want to be another victim of them, better not to put interest on investing with cloud mining or you will regret it.

Cloud mining is not scam, it is cloud mining. You are talking about ponzi scams.
However, logically it is better to mine with your own equipment than rent it from someone(like everything else in life)

Since you're a Newbie, I will assume that you've never heard of hashOcean, Scrypt.cc and the thousand other ponzi scams that are hiding under the name of "cloud mining". All of these website run away when there's already a good amount of people invested in their website. Mostly they claim that they got hacked so the investors will not feel as bad as when they simply run away without saying any lame reason to do so.

There might be an existing cloud mining site but it will be much better if you buy your own hardware if you can afford to buy one anyway.

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shield132
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March 03, 2017, 08:32:10 PM
 #97

Cloud mining Vs Hardware Mining Which is best ?
Should i invest in Cloud mining or Hardware mining ?



hardware mining is the best you money use hardware mining, you can have hardware use mining and can use forever before corrupt youre hardware
and cloud mining you nothing have hardware only investment long time Break event point, and majority only ponzy scheme and someday is scam

For me if we are talking about its legitimacy of earning bitcoins, hardware mining is the best for two choices. Because cloud mining is surely a scam and that's proven by many of the people here. And if you don't want to be another victim of them, better not to put interest on investing with cloud mining or you will regret it.

Cloud mining is not scam, it is cloud mining. You are talking about ponzi scams.
However, logically it is better to mine with your own equipment than rent it from someone(like everything else in life)

Since you're a Newbie, I will assume that you've never heard of hashOcean, Scrypt.cc and the thousand other ponzi scams that are hiding under the name of "cloud mining". All of these website run away when there's already a good amount of people invested in their website. Mostly they claim that they got hacked so the investors will not feel as bad as when they simply run away without saying any lame reason to do so.

There might be an existing cloud mining site but it will be much better if you buy your own hardware if you can afford to buy one anyway.
Fatanut, what can you say about hashnest? They are legit cloud mining company. I don't know why but they prefer selling hash rates online while they can also to mine that ecuipments for themselves. Maybe that's somehow good marketing trick because also they take fee from trading and they aren't depended on mining difficulty. By other side, many scam website claims that they are real cloud mining but behind that action is that bitcoin is mineable coin and many new people really believes this at first.

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March 03, 2017, 10:59:51 PM
 #98

I don't know why but they prefer selling hash rates online while they can also to mine that ecuipments for themselves. Maybe that's somehow good marketing trick because also they take fee from trading and they aren't depended on mining difficulty.
I think they are doing it because they get the capital instantly and can use it for trading or other investment projects.
They have the equipment, but no coins.
Hypothetically their hardware is able to mine 100 coins a year, but they would have to wait a year to get it.
They offer cloud contracts and get the coins in a month.
This leaves them with another 11 months to invest the coins, employ new people, buy new facilities. This puts money to work at once.
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March 03, 2017, 11:40:23 PM
 #99

I don't know why but they prefer selling hash rates online while they can also to mine that ecuipments for themselves. Maybe that's somehow good marketing trick because also they take fee from trading and they aren't depended on mining difficulty.
I think they are doing it because they get the capital instantly and can use it for trading or other investment projects.
They have the equipment, but no coins.
Hypothetically their hardware is able to mine 100 coins a year, but they would have to wait a year to get it.
They offer cloud contracts and get the coins in a month.
This leaves them with another 11 months to invest the coins, employ new people, buy new facilities. This puts money to work at once.
In altcoin maybe you can mine 100 coin but in bitcoin you can not earn that amount even you are using ant miner s9 those people who are offering hashrate online most of them are fake or if its real they are just offering hash rate due to their place is not profitable to mine bitcoin and they can increase their revenue if they start to accept many clients  just forgiving hash and those who are invested will not get any profit or gaining profit but too small than making your own rig or buy your own hardware mining tools.. much more better than cloud mining.
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March 04, 2017, 02:21:34 AM
 #100

I personally prefer the cloud mining rather than having to bother using hardware. because the article is simple and practical. but these are extremely vulnerable cloudminning scam.

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