confused a bit in cloud mining

[thebatletbet]

i just heard the scams done to some peps
i am thinking to invest a bit in ckminer.com
is it ponzi system site?
should i invest in it? 
and please drop some legit cloud mining sites below

You must know, all cloud mining majority only ponzy site
ponzy scheme, you don't know in cloud minig site real mining or not
because you can't see is hadware in use cloud mining, you only see picture or video, not real

[Slow death]

i just heard the scams done to some peps
i am thinking to invest a bit in ckminer.com
is it ponzi system site?

Yes, because they do not have mining equipment.

should i invest in it? 

No, you should not invest in this site hyip, because it will steal your bitcoins.

and please drop some legit cloud mining sites below

Many people have said that, but I will repeat... invest in legitmos cloud mining sites, there are disadvantages, it will take you a lot of time to get the ROI depending on the contract you have with the mining company

Is most likely you want to promote this site here using newbie account than asking for suggestions from other members here.

+1

[RodeoX]

Unless you are planning to build something like the bitcoin mine pictured below you are very late in the mining game.

Don't agree with you. Single antminer s9 will roi in few months. With BTC price increasing even small miners now are making great profit. For how long it will last idk but it's also great time for scam websites to advertise too

Don't forget the risks such as unstable bitcoin price and bitcoin mining difficulty keep rising, also don't forget that electricity fee as well.

Also things like maintenance and the fact that you don't know how long the hardware will last. It could last days, weeks, months, or years. All of these are extra unknown variables that can increase risk.

You guys are all correct. I have just started dissuading new users from mining because it is a complicated way to get into bitcoin that is unprofitable for most. A lot of people look back and wish they had just bought some bitcoin.
But hey, if someone wants to do it anyway more power to them. They may learn a lot by mining and could even be profitable. 

[arwin100]

Unless you are planning to build something like the bitcoin mine pictured below you are very late in the mining game.

Don't agree with you. Single antminer s9 will roi in few months. With BTC price increasing even small miners now are making great profit. For how long it will last idk but it's also great time for scam websites to advertise too

Don't forget the risks such as unstable bitcoin price and bitcoin mining difficulty keep rising, also don't forget that electricity fee as well.

Also things like maintenance and the fact that you don't know how long the hardware will last. It could last days, weeks, months, or years. All of these are extra unknown variables that can increase risk.

You guys are all correct. I have just started dissuading new users from mining because it is a complicated way to get into bitcoin that is unprofitable for most. A lot of people look back and wish they had just bought some bitcoin.
But hey, if someone wants to do it anyway more power to them. They may learn a lot by mining and could even be profitable. 

yeah it could be profitable if they have a lot of knowledge about it and also if there energy cost in their country is so low, but i don't think mining would be profitable in high paying countries like asia, not unless if they used solar power mining that can give them cheap energy cost but i dont know about the maintenance cost about this thing, or much better to seek those who is profitable alts to mine and learn more about the info about it.

[~Bitcoin~]

i just heard the scams done to some peps
i am thinking to invest a bit in ckminer.com
is it ponzi system site?
should i invest in it?  
and please drop some legit cloud mining sites below

Most of the cloud mining sites are just hyip/scam/ponzi.

Don't invest in that ckminer they look shady no any picture of their mining farms and also their claimed ROI seems unrealistic with bitcoin mining.

Looks more like ponzi, running as just hyip.

No never invest a penny in them, and better not to invest in any other cloud mining programs.

There are no any legit/profitable cloud mining sites.

[Ryan Dugan]

The cloud mining site dont even have a single miner! They never existed. It is the same as a HYIP the only difference is their "story" for how they get their money is based on mining. They have to say something they can't just say give us your money they need something to show for it.

[kanazawa]

Some people are atracted with cloud mining for many reasons (local high electricity cost, hardware general difficulties, etc). Also, for example, many people like this business but they feel bad to spend hundreds of dollars and lose fast, so, companies with this promotion (cloud) normally uses (like our buddy said) a calculation of ROI, and particularly, I think it's bullshit, EVERY cloud mining is  scam.

[HYIPKings]

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[bitjamz]

https://www.genesis-mining.com/ the only one cloudming site that i would trust.

discount code of 3 % on all Hashpower packages: N6inMQ

[keketex144]

in nowdays I wouldnt trust new cloud mining site they just a ponzi, only a few is legit