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Author Topic: Advantages of bitcoin cloud mining  (Read 1588 times)
bering
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March 02, 2017, 06:49:38 AM
 #21

What is cloud mining?
You can participate in bitcoin mining without maintaining the hardware by yourself.

We would like to share with you the advantages of bitcoin cloud mining to the members who are interested in.

1. Start hashing immediately!
Escape the noise, costly electricity bills, and warranty headaches.

2. Stable
Mining deployment on a global scale 99.9% uptime guaranteed!
Detailed statistics provided.

3. Flexible
Start mining with even just one gigahash.
Trade and transfer hashrate with ease.
these advantages sounds pretty good because all you have to do is just buying gigahash and profit will directly send into your account daily without pay electricity or doing anything but unfortunately the reality inversely proportional with what happening because many people has been trapped by cloud mining scam and losing their money
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March 02, 2017, 08:53:08 AM
 #22

What is cloud mining?
You can participate in bitcoin mining without maintaining the hardware by yourself.

We would like to share with you the advantages of bitcoin cloud mining to the members who are interested in.


2. Stable
Mining deployment on a global scale 99.9% uptime guaranteed!
Detailed statistics provided.


youre realy and guaranted in youre cloud mining promotion real mining, you can guaranteed capital money investor
you can get much profit in cloud mining if you can get much referal, without referal is low profit
cloud mining low profit or high profit is same majority only ponzi scheme not real mining

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March 02, 2017, 11:18:44 AM
 #23

1. Start hashing immediately!
Escape the noise, costly electricity bills, and warranty headaches.
Yes it is instant because it is virtual mining not a real one.

2. Stable
Mining deployment on a global scale 99.9% uptime guaranteed!
Detailed statistics provided.
99.9% uptime is shown in dashboard but who knows what is the real uptime of those mining device in the background.

3. Flexible
Start mining with even just one gigahash.
Trade and transfer hashrate with ease.
Mining with one gigahash only will not have any significant return and also cloud mining is only suitable for those who just want to be proud about being one of the bitcoin miner. It is not profitable, even mining with real device at home is not profitable at current difficulty if you don't have cheap electricity.

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March 06, 2017, 08:45:05 AM
 #24

Well I can't really think of anything that resembles an advantage to a bitcoin cloud mining site.

You have to realise that cloud mining sites has to make profit one way or another, so if it is offering stable profits then it is probably a scam, probably a ponzi scheme as well.

If it's legit, then it'll probably charge you ridiculous maintainance costs, which you probably can avoid by getting miners yourself.

You cannot resell contracts on most cloud mining sites. However you can resell your miners, if you buy physical ones.

Actually you can sell the hashrates in the market on hashnest. People do the trades in the market.

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March 06, 2017, 08:52:09 AM
 #25

Hashnest must be doing really bad these days if they are employing people to make such topics. There are at least 20 similar ones already and those, who wanted to know more about cloud mining can find many useful information there. To me the most useful one is that the system makes you wait years to ROI and many CM companies disappear before or right after you reach this point, or like Genesis Mining tell you that they had to terminate your contract because it was unprofitable...

Anyway more people come to us after we open the topic here. Just provide more choices for people who are interested in cloud mining and all is up to you/them if you/they will invest or not.  Smiley

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March 06, 2017, 10:09:42 AM
 #26

It's really worst to hear why these people kept on asking advantages of bitcoin cloud mining, despite of many concerns regarding to scam accusations from the experiences of those who sadly invested to mining sites. We have our own freedom to choose for and its up to them what they think is good for them, which they think profitable much. So to make this much clearer to whom it may concern, there's no advantages of btc cloud mining and its just a waste of profit and time.
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March 06, 2017, 12:34:33 PM
 #27

It's really worst to hear why these people kept on asking advantages of bitcoin cloud mining, despite of many concerns regarding to scam accusations from the experiences of those who sadly invested to mining sites. We have our own freedom to choose for and its up to them what they think is good for them, which they think profitable much. So to make this much clearer to whom it may concern, there's no advantages of btc cloud mining and its just a waste of profit and time.

Because every day some new people will enter into bitcoins and after having some bitcoins either they want to grow further or earn more coins, so they will still check whether these programs still got any benefits. If they check forum then they will come to know but by creating new threads they will get an answers easily and if any new updates.
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March 06, 2017, 02:44:54 PM
 #28

Advantage? I can't see any advantage since cloud mining aren't profitable already and mostly of them are just scams that's why I dont really bother myself when talking about cloud mining since I'm done already with hashocean scam Smiley

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March 06, 2017, 03:14:53 PM
 #29

What is cloud mining?

It is simply a way to keep your money that you dont have any use for, and you dont intend to have any use for...

You can participate in bitcoin mining without maintaining the hardware by yourself.
We would like to share with you the advantages of bitcoin cloud mining to the members who are interested in.

1. Start hashing immediately!
Escape the noise, costly electricity bills, and warranty headaches.

This is not totally true as majority of these mining sites are scam sites while the remaining ones who have tried to remain in business, it will obviously take till eternity to even ROI no matter how much or how little the amount invested. The days of profitable cloud mining business are over, if anybody cannot afford hardware mining in my opinion, the best is to stay away from mining...

2. Stable
Mining deployment on a global scale 99.9% uptime guaranteed!
Detailed statistics provided.

3. Flexible
Start mining with even just one gigahash.
Trade and transfer hashrate with ease.



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March 06, 2017, 03:42:26 PM
 #30

I don't see any advantage of cloud mining as it is not profitable nowadays, you may be promoting the hashnest cloud mining service but how can you be sure that it is reliable and how sure are you that it is stable when all people knows that this type of investment just have the same intention to bitcoin users .

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March 09, 2017, 04:00:46 AM
 #31

I don't see any advantage of cloud mining as it is not profitable nowadays, you may be promoting the hashnest cloud mining service but how can you be sure that it is reliable and how sure are you that it is stable when all people knows that this type of investment just have the same intention to bitcoin users .

I don't know if you tried cloud mining but users here are making profit actually.
It's reliable because we are promising you to deliver you the miners when the miners are not making profit here.
It's stable because we are promising that all of your hashrates will be used to mining and getting the shares.
Anyway, you need to watch the price on the market to decide your investment strategy.

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March 09, 2017, 04:03:01 AM
 #32

Advantage? I can't see any advantage since cloud mining aren't profitable already and mostly of them are just scams that's why I dont really bother myself when talking about cloud mining since I'm done already with hashocean scam Smiley

right and everyone knows hashocean is a scam.
But here is hashnest which promise real payouts.

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March 09, 2017, 04:58:31 AM
 #33

Advantage? I can't see any advantage since cloud mining aren't profitable already and mostly of them are just scams that's why I dont really bother myself when talking about cloud mining since I'm done already with hashocean scam Smiley

right and everyone knows hashocean is a scam.
But here is hashnest which promise real payouts.
Yes I know hashnest cloud mining service dan be trusted, unfortunately it doesn't have innovations in the mining coins,
do you have plan to mine the coins except bitcoin are like, dashcoin, monero, ETH, and other coins be mined by gpu's cards
your service will become completes cloud mining service.
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March 09, 2017, 06:26:22 AM
 #34


1. Start hashing immediately!
Escape the noise, costly electricity bills, and warranty headaches.

2. Stable
Mining deployment on a global scale 99.9% uptime guaranteed!
Detailed statistics provided.

3. Flexible
Start mining with even just one gigahash.
Trade and transfer hashrate with ease.

1. But i will get the electricity cost and the maintenance cost. What's the different thing? But i can make
2. I don't think so.
3 Just with a gigahash and I can't pay the transaction fees. The bitcoin mining will be worthy if we can get hundreds gigahash. Every cloud mining site was offering to trade his hashrate power and i'd like to call it hashmarket.
In my opinion about the cloud mining site is not worthy again right now. I will never meet my ROI.

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hroub
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December 02, 2017, 01:20:09 AM
 #35


1. Start hashing immediately!
Escape the noise, costly electricity bills, and warranty headaches.

2. Stable
Mining deployment on a global scale 99.9% uptime guaranteed!
Detailed statistics provided.

3. Flexible
Start mining with even just one gigahash.
Trade and transfer hashrate with ease.

1. But i will get the electricity cost and the maintenance cost. What's the different thing? But i can make
2. I don't think so.
3 Just with a gigahash and I can't pay the transaction fees. The bitcoin mining will be worthy if we can get hundreds gigahash. Every cloud mining site was offering to trade his hashrate power and i'd like to call it hashmarket.
In my opinion about the cloud mining site is not worthy again right now. I will never meet my ROI.


Whether you will make ROI, not only depends on difficulty, but it really depends on your electric cost. If you are living in a country with expensive electricity, chances are you will make ROI faster with hashnest coud mining, because of their cheap chinese electric cost. only $0.07 per KWh currently... Whre I live right now its almost $0.023 per KWh, so mining here is a big NONO...

The best way to make a decision would be to compare your electric cost with theirs as well as Bitmain ASIC with Hashnests, to figure out your best choice for best ROI and profit. You should notice that an S9 is cheaper to buy on Bitmain and have it shipped to you, but chances are that electricity will cost you more than their maintenance fee...

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December 03, 2017, 04:08:11 AM
 #36

Do they really mine bitcoins? It is fake, right? But some of us including me has an experienced to invest in these kind of scheme and gladly make a profit with it and I think that's the advantage of it. But eventually they're becoming scam after a week or a  month.

eagleman
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December 03, 2017, 03:56:51 PM
 #37

Do they really mine bitcoins?
Few of them are really mining bitcoins and the rest are just words of mining.

It is fake, right? But some of us including me has an experienced to invest in these kind of scheme and gladly make a profit with it and I think that's the advantage of it.
Yes the rest are fake ones and they keep on attracting investors to invest to them so that they'll make more money easily. I don't find it as such opportunity or advantage on that part.

But eventually they're becoming scam after a week or a  month.
It's because there's no advantage on those cloud mining that doesn't have real mining farm.

coolcoinz
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December 03, 2017, 06:01:02 PM
 #38

Do they really mine bitcoins? It is fake, right? But some of us including me has an experienced to invest in these kind of scheme and gladly make a profit with it and I think that's the advantage of it. But eventually they're becoming scam after a week or a  month.

They're allowing you to make money only when they're making even more money on the rising value of Bitcoin and other coins that they're mining! In case of a bear market they won't let you profit. Instead they will use your money to keep themselves from going bankrupt, meaning that they'll still get a profit by scamming you. It's kill or be killed in this business.


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December 03, 2017, 07:22:45 PM
 #39

Do they really mine bitcoins? It is fake, right? But some of us including me has an experienced to invest in these kind of scheme and gladly make a profit with it and I think that's the advantage of it. But eventually they're becoming scam after a week or a  month.
Are you asking about Hashnest? If so I can speak for them from my experience:

I am 99.9% sure they're mining. It makes perfect sense for one of the major ASIC miner manufacturers (Bitmain Antmienrs) and pools (Antpool) to mine. If someone wants to help me become 99.99% sure or 50% sure, I could provide you info from my payment history and see if we can find proof of mining. (I have no idea how to prove mining or what it looks like).
But, if you were able to manufacture the best and most efficient miners, would you also use it for mining, in addition, to sell it to others?

A lot of people think all cloud mining is a scam, and ask: If you make your own mining equipment, why not use it to mine yourself rather than sell to others?
ANSWER: Like most businesses that need to grow fast, they have to raise capital. One of those ways are issuing shares to their company. In this case, Bitmain, in order to grow fast and make put their Antpool in the top 3 of global hashrate, instead of issuing company shares, they started selling their miners for cloud mining on their Hashnest website for a higher price than they do on their Bitmain website. These extra profits from the demand for Cloud Mining (from customers with high electric cost), allows them to double their profits compared to selling and shipping the miners, allowing them to raise the capital that they needed to R&D and grow their mining operations faster and catch up with top players and stay in top.

Sadly, since they reached the top 3, they don't sell ASIC miners on Hashnest as often as they used to, which also makes sense... If you think about it, if you are already a top dog in mining and its technology, you don't need to accelerate growth anymore and just enjoy 20% of the global hashrate...

They used to list cloud ASIC batches like 3-5 times a year when I invested in them (back when they used to produce the S1, S3, S4...). Recently they have been barely selling any cloud miners and when they do, they get bought off in a few minutes, causing me to miss out on the newer miners... I believe they haven't put up for sale any miners since November 2016...

Of course, there's the hashrate market, where people trade individual hashes (shares of previously bought miners on the Hashnest shop) of various miners (currently S9, S7 and L3 hashes) using buy and sell orders just like exchange and stock markets. Those hashes do generate bitcoin revenues, but you rarely get ROI. In the market you could make ROI by trading (buy low, sell high). Also if you have enough hasesh of a miner (example 12500 GH/s of an S9) when the miner is not profitable anymore, you get the option of having it shipped to you for a fee rather than it disappearing completely like in ponzi/scam cloud miners.

If anyone knows how to find out where they announce (if they do anymore) new ASIC release dates, or how to sign up for some kind of notification, plzzzzzzzzz tell me! Thanks

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December 04, 2017, 02:51:26 AM
 #40

Advantage is for emperor Wu, you are buying cloud mining contracts to help Antpool to stay in the top 3 worldwide mining pools, then he thinks that we owe him something, then after having enough money, he feels like it is the time to double my Bitcoins, for a few months he tries to convince people that what he is saying is for the best, shills posting tirelessly, when he couldn't fool every body, he forked Bitcoin cash and didn't share them with us beggars, I'm willing to be his shill around here if he gives me 10 BCH I can finally buy my dream house (if I'm going to shill for him, don't you think that I need at least a place of my own? I also need to have a place if I've ever want to bring a prostitute to perform a jumping for the first time in my life, also I've heard if your shills jump a girl, they could be strong and have a better chance of success in shilling for you). a simple lol would suffice.

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