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Author Topic: Cloud mining experiences  (Read 2389 times)
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February 01, 2017, 02:00:53 PM
 #41

My experiences about minings similar to cloudminings is not good actually, because it misleads me to no bitcoin is paid to my wallet. I strongly conclude that mining sites is a scam, no matter what they all reason out to it but it doesn't change my point of view. So my advice to all those who invest in minings sites is to think many times and think about ponzi schemes, read and research about it.

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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February 01, 2017, 03:59:33 PM
 #42

My experiences about minings similar to cloudminings is not good actually, because it misleads me to no bitcoin is paid to my wallet. I strongly conclude that mining sites is a scam, no matter what they all reason out to it but it doesn't change my point of view. So my advice to all those who invest in minings sites is to think many times and think about ponzi schemes, read and research about it.


Due to Numerous Scams from Cloud Mining Sites in the past, The Community has become more Conscious about how cloud minjng operates. Myself, I don't have a really good experience either as I have been scammed thrice by Cloud mining sites who promised me profits when We're still under the contract. For this reason alone, Cloud mining is a thing of the past for me

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February 02, 2017, 09:01:33 PM
 #43

I dont have experience about investing in cloudmining site, because i doubt will get profit from my investment. From what i read here in this forum and google i just know alot of people not recomended to invest there and many cloudmiming site finally be scam site. So better research before investing.

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February 02, 2017, 11:15:38 PM
 #44

Just wanted to know if anyone has ever invested in cloud mining. If yes please tell, in which one or if you know any legit cloud mining site please mention it here.I know most are scam or ponzies.  Please dont mention about genesis mining. I have already invested in it.They are paying me . But I dont think in this birth I will reach ROI. I invested in hash ocean. I dont know where it disappeared.Again I invested in topmine. It also scammed me.If I had invested that money in buying a  bitcoin through exchange I would have got profit.   Please write down your experiences about cloud mining so that it will be useful for others. I am not promoting any cloud mining services here. Just want to know others experiences about cloud mining.

I see that you've understood what you should do Smiley Investing in cloud mining is simply not profitable, or extremely risky. Best is to buy own mining rig, but if you don't have skills to set it up, just buy and hold BTC.
The only 100% legit cloud mining is HashNest.com, but to earn there you also need experience.. So be careful.

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February 03, 2017, 12:01:10 AM
 #45

Just wanted to know if anyone has ever invested in cloud mining. If yes please tell, in which one or if you know any legit cloud mining site please mention it here.I know most are scam or ponzies.  Please dont mention about genesis mining. I have already invested in it.They are paying me . But I dont think in this birth I will reach ROI. I invested in hash ocean. I dont know where it disappeared.Again I invested in topmine. It also scammed me.If I had invested that money in buying a  bitcoin through exchange I would have got profit.   Please write down your experiences about cloud mining so that it will be useful for others. I am not promoting any cloud mining services here. Just want to know others experiences about cloud mining.

I see that you've understood what you should do Smiley Investing in cloud mining is simply not profitable, or extremely risky. Best is to buy own mining rig, but if you don't have skills to set it up, just buy and hold BTC.
The only 100% legit cloud mining is HashNest.com, but to earn there you also need experience.. So be careful.
Honestly there is no cloud mining site that actually giving profit if you seen that there are many promises or they are giving high bonus hashrate theres high possibility that their service will be gone soon and will be scam..
So much better to don't invest in those cloud mining sites..

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