Buying mining power

[coin.trader]

Hello people,

I am searching on internet for a few days where I can buy some mining power. I have arround 1000-2000 eur in mind to invest, i saw many cloud mining websites but not even one is giving me confidence.

Can you share some feedbacks about websites where I should invest?

[Ryland R. Taylor-Almanza]

I might be able to help.
I have an account with one and am quite pleased with the results.
Any questions you might have I will be able to answer for you.
I will send you the details of the one I have used and can say have had substanial success with due to their commitment to putting the customer as their top priority in running a good business relationship.

[ztumppi]

hashflare or genesis mining imo

[mobnepal]

Buying cloud mining packages is not profitable at current price of bitcoin as well as mining difficulty. You may end up waiting for more than a year to get your money back from those contract if those services remain in business till than.  

Don't invest in any cloud mining, rather try to invest in multiple potential altcoins to earn good profit after some month.

[pinkflower]

Hello people,

I am searching on internet for a few days where I can buy some mining power. I have arround 1000-2000 eur in mind to invest, i saw many cloud mining websites but not even one is giving me confidence.

Can you share some feedbacks about websites where I should invest?

Dont waste your money on cloudmining contracts. The legitimate ones will not make you enough for you to be happy. The ones that promise that they will are scams. Its better for you to invest directly in BTC and lately LTC too is starting to look good because of the possible activation of SegWit.

[btcney]

Hello people,

I am searching on internet for a few days where I can buy some mining power. I have arround 1000-2000 eur in mind to invest, i saw many cloud mining websites but not even one is giving me confidence.

Can you share some feedbacks about websites where I should invest?

Honestly man don't waste your time and energy on these cloud mining sites.

The most legitimate one out there right now is probably genesis-mining and they are pretty trash. I've had an account with them since before the halving and only received like 0.00002-0.00003 btc a day, not even enough to cover transaction fees to send it back out. And when the halving finally came last year they cancelled my contract altogether because the rewards were not as big as the fees.

The fact is that the market is so saturated, you can only mine altcoins to be profitable, or you are investing into a ponzi.

[coin.trader]

I do have a friend who invested 2 years ago in mining eth 2000 eur and now he gets daily 8 eur in his bank acc.

I am a trader and I do spent more time to get his money thinking at how he is receiving. So I am really interested... Any offers? How to do the maths?

[btcney]

I do have a friend who invested 2 years ago in mining eth 2000 eur and now he gets daily 8 eur in his bank acc.

I am a trader and I do spent more time to get his money thinking at how he is receiving. So I am really interested... Any offers? How to do the maths?

It's hard to tell how much difficulty is going to increase over the next few years.

Also, ethereum might crash at any given time. It's pretty volatile.

Right now on genesis-mining you can get a 100MH/S plan for $2800, and no maintennance fee. BUt you'll only get 2 years of mining so it's really up to you, it can be risky though since the difficulty may go over the roof.

Good luck with finding a suitable plan, they also offer litecoin and monero, dash etc. on genesis mining.

[nydiacaskey01]

I bought some mining power at Hashnest, I trusted them since this company is connected with Bitmain. Returns is very low and the maintenance cost that they will charge you is high. The only time you can earn from them is when the price of BTC goes up so if you buy mining power at rate of 1 BTC = $1,400 and you sell GHS when BTC is exchanged at $1,500 then you earned some BTC.

[italianMiner72]

Hello people,

I am searching on internet for a few days where I can buy some mining power. I have arround 1000-2000 eur in mind to invest, i saw many cloud mining websites but not even one is giving me confidence.

Can you share some feedbacks about websites where I should invest?

but again asking about cloud mining contract???
this is an old discussion...
just try to Google for the service you want to subscribe, followed by scam...
you will understand better...

[crazyivan]

Be very careful with your investment cause it s not so easy as it seems. You need to read a lot about mining difficulty before you decide to invest. Otherwise, you ll end up losing your money.
Crypto mining is a very competitive industry and it s not easy to get your money back.

[jingsu1]

Hello people,

I am searching on internet for a few days where I can buy some mining power. I have arround 1000-2000 eur in mind to invest, i saw many cloud mining websites but not even one is giving me confidence.

Can you share some feedbacks about websites where I should invest?

Mining isn't that great because if it was, everyone would do it. Better just to stick to buying and investing in good choices in the crypto industry.

[coin.trader]

Hello people,

I am searching on internet for a few days where I can buy some mining power. I have arround 1000-2000 eur in mind to invest, i saw many cloud mining websites but not even one is giving me confidence.

Can you share some feedbacks about websites where I should invest?

Mining isn't that great because if it was, everyone would do it. Better just to stick to buying and investing in good choices in the crypto industry.

So as final statement. Only one guy gave me a nice advice through pm. As final advice what should  I do?

[crazyivan]

Hello people,

I am searching on internet for a few days where I can buy some mining power. I have arround 1000-2000 eur in mind to invest, i saw many cloud mining websites but not even one is giving me confidence.

Can you share some feedbacks about websites where I should invest?

Mining isn't that great because if it was, everyone would do it. Better just to stick to buying and investing in good choices in the crypto industry.

So as final statement. Only one guy gave me a nice advice through pm. As final advice what should  I do?

NO! Cloud mining is not for profitable anymore unless you re into crypto and ready for constant reinvesting. There re other options where you can make money, I like PoS for example, similar to cloud mining but much safer. Take a look at DMD Diamond for example, the link is under my avatar and it s not a referral link. That coin has brought me nothing but profits.

[pinkflower]

I might be able to help.
I have an account with one and am quite pleased with the results.
Any questions you might have I will be able to answer for you.
I will send you the details of the one I have used and can say have had substanial success with due to their commitment to putting the customer as their top priority in running a good business relationship.

I would like to know how much BTC I need to invest in cloudmining contracts to earn BTC.5 per month. With the difficulty of mining increasing, how much of that BTC.5 do we need to reinvest to maintain the BTC.5? Not too large I hope or else we end reinvesting everything for nothing.

[coin.trader]

I got 3 good ideas . Thank you people, I was thinking at 2-3k euro for begging. I will come back with a review later

[Shakawatctg]

excellent post!I have known anythings...

[Hazir]

I have arround 1000-2000 eur in mind to invest, i saw many cloud mining websites but not even one is giving me confidence.

Can you share some feedbacks about websites where I should invest?

Cloud mining is thing of the past. Today I am not even sure if there ever was 100% legit company providing this service.
I mean, there is Genesis Mining but you would be extremely naive thinking tht they will let you earn profit. Investing in cloud mining is either blatant scam or zero sum game.
You said you have €1000-€2000 to invest - so invest - just buy coins. I recommend Bitcoin and Litecoin, hold it for a year and collect "accrued interest".

[Skarner21]

This is not a good idea if you invest that amount of money you are just wasting time and money there. if you want to earn from mining the best that you can do know is to buy equipment to build your own rig and mine altcoin instead because bitcoin mining is really not so profitable.. if you want to mine bitcoin in your own you can buy bitmain hardware which is s9 but we can not say if its profitable in your place if your power source bill is high..