Is it worth it investing in cloudmining at the moment?

[coynedterm]

Yes, I am new to this business, and I've been searching a lot about cloudmining. I've seen some interesting ones like: Hashnest, Hashflare and Genesis...
But the good old voice of the internet always shows up saying that is either good or bad to do such a thing... I don't know much about Bitcoin, but I know that finding blocks has been very hard...
But is it still worth it investing in it? And if so, where should I start?

If you have not much ideas to earn bitcoin money then you can start own mining through your pc . But if you want make investment in the cloud mining then I don't think it is profitable .
First of all I will say cloud mining schemes are ponzi but few of them are legit but think before investment that "how much time this will take to return your initial investment "
So if you are looking for the investment in the cloud mining then think twice for the profit  or return of your investment .
Well opposite from these mining you can make money better money from the bitcoin trading , signature campaign and also from many faucet collections .

[BTCWise]

I don't think cloud mining is very profitable and on top of that you might get scammed. I know like all online investments you have some risks attached to it. Since entering the cryto-currency sphere I've been making most of my bitcoins from trading and revenue sharing. Make sure you know what you're doing otherwise you might loosing more than you hoped. Best of luck

[pinkpanther03]

OP, currently there is a thread which still discussing about same question like yours  Check this out https://bitcointalk.org/index.php?topic=1754601.0
Almost all people (>95%) said if it is not worth if you are invested your money in any cloudmining sites. Mostly they are turned to a scam site. Better to invest your money in other place (not HYIPs/Ponzies)

THESE QUESTION HAS BEEN ASKED SEVERAL TIMES, MOST OF THE CLOUD MINING SITES ARE HYIP/PONZI. AND MANY MEMBER HERE ALSO SAID THIS MANY TIMES THAT NEVER, NEVER TRY TO INVEST IN ANY BITCOIN MINING SITES, YOU WILL JUST LOSS YOUR INVESTMENT DUE TO THEY TURN ALWAYS TO SCAM SITE. I GUESS YOU DON'T LIKE TO BE A VICTIM OF THEM. RIGHT?

[freemanjackal]

definetly i have to see where to invest some coins, but cloudmining according to what i have seen in the forum. i have no experience with mining, and when i had some savings, this was my first option, genesis mining or hasflare, i will have to find where put the coins, for generating some profits, if this is not an option what about ICO or IPO?

[pokerplayer]

You can try to use landing pages which offer you to collect emails and then you can create wmail site and you can send emails with referral links to every person which gived you email in landing page and you can become rich with this way easy.

[freemanjackal]

You can try to use landing pages which offer you to collect emails and then you can create wmail site and you can send emails with referral links to every person which gived you email in landing page and you can become rich with this way easy.

that is why i get so many spams in my email account, and i hate that

[Sadlife]

Ah nope try using a calculator and compute how you will be earning in your contract with the cloud mining you are in then you'll know that its not profitable.
With the increasing difficulty in bitcoin mining that is solving some computer algorithms to get bitcoin has become rather hard.
If you dont want to lose your money in this investment site, i suggest dont try it.

[freemanjackal]

Ah nope try using a calculator and compute how you will be earning in your contract with the cloud mining you are in then you'll know that its not profitable.
With the increasing difficulty in bitcoin mining that is solving some computer algorithms to get bitcoin has become rather hard.
If you dont want to lose your money in this investment site, i suggest dont try it.

what about those that claim they are getting profits from genesys and hashflare, scammers?

[ethereumhunter]

Ah nope try using a calculator and compute how you will be earning in your contract with the cloud mining you are in then you'll know that its not profitable.
With the increasing difficulty in bitcoin mining that is solving some computer algorithms to get bitcoin has become rather hard.
If you dont want to lose your money in this investment site, i suggest dont try it.

what about those that claim they are getting profits from genesys and hashflare, scammers?

i think its true because this is what i am get from genesis after i am making investing with them but i need almost one year before i can take my roi. to make investing in cloud mining is worth but you need to thinking about the long time that you can reach your roi and you should be patience for this. if you can patience, so you are fine but you need to choose the legit cloud mining.

[thepo1m]

I believe 99.99%  of Cloud mining are scams, though some of them seems to have perfected ways to get the best out of their contract offer. One or two among them  that people thoght are not scam, will be using your money to expeand their business without you making any profit from your investment. Buy any token you want to buy especially Bitcoin

[cramcram21]

It is not worth it right now cause most of the cloudmining sites are just a bunch os scums as of the moment,
And also the price of the bitcoin keeps on getting high so instead of earning some you would just have the same amount of USD if it is just a small investment.

[freemanjackal]

Ah nope try using a calculator and compute how you will be earning in your contract with the cloud mining you are in then you'll know that its not profitable.
With the increasing difficulty in bitcoin mining that is solving some computer algorithms to get bitcoin has become rather hard.
If you dont want to lose your money in this investment site, i suggest dont try it.

what about those that claim they are getting profits from genesys and hashflare, scammers?

i think its true because this is what i am get from genesis after i am making investing with them but i need almost one year before i can take my roi. to make investing in cloud mining is worth but you need to thinking about the long time that you can reach your roi and you should be patience for this. if you can patience, so you are fine but you need to choose the legit cloud mining.

have you tried to withdraw some of your money or are you investing the profits, just to know if you were able to withdraw successfully your profits

[lovesybitz]

Yes, I am new to this business, and I've been searching a lot about cloudmining. I've seen some interesting ones like: Hashnest, Hashflare and Genesis...
But the good old voice of the internet always shows up saying that is either good or bad to do such a thing... I don't know much about Bitcoin, but I know that finding blocks has been very hard...
But is it still worth it investing in it? And if so, where should I start?

You know what, you misleading yourself in believing cloud mining was a good investment. As you can see in this forum they gave you advices and opinion for not investing in any cloud becasue it a kind of scam sites, or Ponzi scheme.

[freemanjackal]

i guess we should start trading, i ll have to study cause i have never done it, and isn't easy

[aksay79]

with presence forum bitcointalk,We can do investation with coin coin that will be released,in investments in cloud mining just A waste of time and capital,which will turnover need time most two years.

[mkmdoc]

Ah nope try using a calculator and compute how you will be earning in your contract with the cloud mining you are in then you'll know that its not profitable.
With the increasing difficulty in bitcoin mining that is solving some computer algorithms to get bitcoin has become rather hard.
If you dont want to lose your money in this investment site, i suggest dont try it.

what about those that claim they are getting profits from genesys and hashflare, scammers?

i think its true because this is what i am get from genesis after i am making investing with them but i need almost one year before i can take my roi. to make investing in cloud mining is worth but you need to thinking about the long time that you can reach your roi and you should be patience for this. if you can patience, so you are fine but you need to choose the legit cloud mining.

have you tried to withdraw some of your money or are you investing the profits, just to know if you were able to withdraw successfully your profits

Some companies are paying automatic withdrawals daily, but till now I didn't make any profits from it.Maybe it will take more time to get my ROI, without knowing anything we simply invest into cloud mining, without checking any background verification about cloud mining site.
The only suggestion I can give you is before investing into cloud mining better research about their past history regarding withdrawals and their status.

[rivoke]

IMO, it's not a good moment since bitcoin as I can see  , keep growing so it's time for us to hold bitcoin as long as possible to gain significant profit
AFAIK , cloudmining are not worth enough to invest since my experience taught me that cloud mining site always dissappear before I got profit but if you still want to invest, just do not invest more than you can afford to loss