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Author Topic: Any good cloud mining contracts which has good potential?  (Read 503 times)
Captimiz (OP)
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August 15, 2017, 02:56:00 PM
 #1

As in, coins that are easy to mine now and cheap to buy cloud mining contracts for and their prices could rise a lot in the future.

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savioroshan
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August 15, 2017, 10:51:37 PM
 #2

Buddy, I dont think cloud mining contracts are good. Offcourse its profitable , but you will get more profit if you directly buy the coin from the exchange and keep it in your wallet as its price will increase with time. If you still want to invest in cloud mining , then I will suggest you genesis mining. I can assure you that they are still paying all its members on time.
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August 15, 2017, 11:13:48 PM
 #3

Check my signature - easyMine. They have very promising ICO.

If you decide to choose some other site - be careful with the fine-print on calculating your profit. Look for hidden taxes like support, maintenance, etc.
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August 16, 2017, 12:57:15 AM
 #4

As in, coins that are easy to mine now and cheap to buy cloud mining contracts for and their prices could rise a lot in the future.

in my experience here in the forums I haven't seen a single person who is recommending cloud mining except for referrals so you gotta trust the community
about the cheap coins pretty much every coin thats not BTC is a gamble when it comes to price and future , but instead of buying mining contracts you can already buy the coin you want with bitcoin and hold it for future

there is also a good option which is to buy one of POS coins and start staking , it has to be a good coin tho so the price doesn't turn you negative
but with this you will be able to both hold the coins and generate new ones , that's what I do personally and the coin I buy is clam
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August 16, 2017, 04:44:36 AM
 #5

let me warn you,do not ever buy a contracts no matter what.
even a well known company aka genesis mining did not give you any profit at all( i don't know it's well known because of their services or because of their reputation LOL),
ok let say they're giving what it say in their calculator,but what happen in the coming month or year ?
you will get burned,everyday you need to pay electricity fee and other than that you also need to pay a 'hidden fee'.
i don't understand what is it,but most likely it was their profit for opening cloud mining.
just imagine it,everyday difficulty keep increasing and every 4 years it's halving.
and your power? not even increasing a single hash,so don't bother using cloud mining.

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SeNeor
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August 16, 2017, 05:44:54 AM
 #6

I do not know of any cloudmining services for other altcoins apart from Bitcoin loud, Zcash cloud, Monero cloud .................. there is none of the altcin that has a cloud mine service at least not for now.
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August 16, 2017, 06:41:48 AM
 #7

As in, coins that are easy to mine now and cheap to buy cloud mining contracts for and their prices could rise a lot in the future.

Not really. Bitcoin difficulty is still high even though some hashing power were transferred to mining bitcoin cash(negligible, really).

The fact is that i've seen a lot of youtubers try to make cloud mining as the way to make passive income online. It really isn't. Think about it, if it was so profitable why do cloud mining sites have to offer their investment packages to the public? They could surely just find an investor irl and produce much higher returns.

So if there is an offer that seems like you'll make money off, it's usually a ponzi scheme. Otherwise, it's going to be producing you miserably small returns, and you may never get your ROI back.

If you really want to just have some fun monitoring your cloud mining portfolio i suggest using genesis mining. But don't expect any profit or even to break even at all.

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August 16, 2017, 09:30:03 PM
 #8

As in, coins that are easy to mine now and cheap to buy cloud mining contracts for and their prices could rise a lot in the future.

Not really. Bitcoin difficulty is still high even though some hashing power were transferred to mining bitcoin cash(negligible, really).

The fact is that i've seen a lot of youtubers try to make cloud mining as the way to make passive income online. It really isn't. Think about it, if it was so profitable why do cloud mining sites have to offer their investment packages to the public? They could surely just find an investor irl and produce much higher returns.

So if there is an offer that seems like you'll make money off, it's usually a ponzi scheme. Otherwise, it's going to be producing you miserably small returns, and you may never get your ROI back.

If you really want to just have some fun monitoring your cloud mining portfolio i suggest using genesis mining. But don't expect any profit or even to break even at all.

Because many legit investors don't know shit about bitcoin in general.

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August 16, 2017, 10:41:07 PM
 #9

As in, coins that are easy to mine now and cheap to buy cloud mining contracts for and their prices could rise a lot in the future.

Coins are easy to mine now? No way the difficulty is always now high and it will become higher after the halving. And in cloud mining, no there's no good cloud mining that I can suggest to you. I've been seeing people asking about cloud mining and they don't know any background about it, good thing that you are asking and better not to invest there.

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August 17, 2017, 04:48:56 AM
 #10

Coins are not easy to mine,do not get stucked in virtual minings as they are lastly scamming.
If you can mine physically at home then it is ok,otherwise you can buy and trade ethereum.
Eth is is a raising alt coin,profits are sure there

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August 17, 2017, 05:13:45 AM
 #11

none of cloud mining that could offer advantages for you. They just give false hope and all your money will be lost.
This is a scheme that has existed for a long time, cloud mining will only destroy the investment you have.
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