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Author Topic: Best Minning Company  (Read 827 times)
SecureTraders (OP)
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August 21, 2017, 05:03:43 AM
 #1

Hello Guys

I have a question
What is the best company to invest money for minning?

bitcoin.com
genesis-mining.com
or ...
babarian
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August 21, 2017, 07:25:17 AM
 #2

GoldMining

GoldMining was once known as Brazil Resources, but changed its name last December. According to Chairman Amir Adnani, the new name better reflects the company’s “diversified project portfolio and strategy to build a leading gold acquisition and development company throughout the Americas.”

The company’s two main projects are Sao Jorge and Cachoeira, both located in northeastern Brazil. Adnani said that GoldMining has over $21 million in cash on hand, and noted that moving forward it will be looking to acquire other low-cost, high-quality gold projects.

http://investingnews.com/daily/resource-investing/precious-metals-investing/gold-investing/tsx-venture-50-best-mining-companies-to-invest-in/
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August 21, 2017, 08:07:06 AM
Last edit: August 21, 2017, 08:41:30 AM by DaMut
 #3

in my opinion there're no 'best company',
because from in my view i can not say it's a 'the best' or 'the worst' when all of them will not let us the costumer to get profit from it,
in reality they keep surviving because of they took profit from costumer contracts,
when you buy their contract when you're expecting your earning you will get a lot of expanses and not only that you will get 'hidden fees'
i don't recommend you to buy a contract in any cloudmining because it's not profitable anymore.

if you're keep insisting to buy a hash,it would be better for you to rent a hash,
you can go miningrentals,and others.
it's more profitable other than buying contracts

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August 21, 2017, 02:51:21 PM
 #4

I am personally use Hashflare. Compared to Genesis-Mining, they offer 1 year contracts, their mininum purchase is low and you receive the payouts to the account balance unlike to the wallet.
The only disadvantage of Hashflare is that you need to pay high BTC fees for withdrawal. They have been in the business for more than 3 years.

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August 21, 2017, 03:17:53 PM
 #5

Both bitcoin.com and genesis-mining are registered company but that doesn't mean you will make huge profit with cloud mining packages they are offering. With increasing mining difficulty your earning from those packages will keep on decreasing till your contract will expire and that can happen even before you recover your initial investment.
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August 21, 2017, 09:02:17 PM
 #6

Hashflare ROI seems to become better now. But I would not invest in cloud mining again.
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August 21, 2017, 10:46:13 PM
 #7

I never recommend to invest in cloud mining site because its just a waste of time and not profitable and mostly cloud mining site are scam if you love our money better to stay away from those investment site because you will scam in the end ..
For the best you can do if you want to make profit better to try invest your money in trading and learn how to make profit in trading buying altcoin can make profit if you know hot to trade..



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Rainbot
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August 22, 2017, 03:24:03 AM
 #8

Makes me wonder is it a coincidence that only a couple of hours after the price of XMR skyrocketed Genesis stopped adding new BTC mining contracts.

Did they pump a few million into XMR to boost their XMR mining contracts or just pure coincidence?
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August 22, 2017, 04:56:40 AM
 #9

Buddy why are you going for cloud mining. If you have money just buy some coins and keep it in your wallet. That will be more profitable than investing money in cloud mining. I thing you need to understand is it's not possible to reach roi in bitcoin. But you will definitely reach roi in fiat currency. Still you want to invest money? Then I will suggest genesis mining. They are paying all their investors without fail.
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August 22, 2017, 05:19:59 AM
 #10

I think hashflare better, it allows you to buy smaller amounts of hashrate and it also has an impressive list of coins being mined. Definitely a good place to start. They accept Bitcoin and Credit card payments to start.
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August 22, 2017, 05:28:30 AM
 #11

Just to be honest with everyone, cloud mining doesn't profit anymore. Do you guys think anyone in his right mind will rent out something that could profit a lot more than what he will get from renting it out? If it would generate more money if you kept the mined cryptocurrency would you rent out the rig? Ask that question before you buy or rent hashing power coz that is the case of most cloud mining.
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August 22, 2017, 08:44:31 PM
 #12

ima still goging with genesis ming iam owning tehre many hash power on btc and bit on eth.....
iam from germany so its  amust to invest in german guys XD
also iam buying ever ymonth a bit more to help bitocin staing stable !
all in all i can recommand genesis mining its proofed since years now !

kind regards
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August 23, 2017, 11:18:34 PM
 #13

Please stop with those cloud mining sites. When I saw the thread I thought OP was asking about the company that mines the most coins (biggest hashing power) but obviously I was wrong and he wanted to know if scam cloud mining company A is better than a scam company B. Wink
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August 23, 2017, 11:28:25 PM
 #14

I think hashflare better, it allows you to buy smaller amounts of hashrate and it also has an impressive list of coins being mined. Definitely a good place to start. They accept Bitcoin and Credit card payments to start.
Not a good idea to invest in hashflare much better if you really want to mine with your own better to buy a mining equipment and mine bitcoin with your own.. without the risk o bitmain.com i think is much more safe than you are just choosing hashflare because there is no guaranteed cloud mining site that can gives you profit..
Only buying bitmain miner S series can be i think that can gives you a real profit..
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August 25, 2017, 03:36:22 AM
 #15

Mining sites are like ponzi but there are few, rarest site who are still working in the market and paying out. I have three names on my mind that is 1) Genesis mining 2) Hashflare 3) Minergate. These are paying sites and the sites which I have tried myself. However it takes almost six to eight moneths to get ROI depending upon your investment. However be always cautious about the mining sites because they can turn into all time scam any time. I'm gonna pull out my investment soon because it is slow and I'm always in fear that they will turn scam. So better choose wisely.

 
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August 25, 2017, 04:22:57 AM
 #16

Hello Guys

I have a question
What is the best company to invest money for minning?

bitcoin.com
genesis-mining.com
or ...
There is no best company to threw away your money. If you are talking about the digital mining company such as genesis mining and you may better to build your own rig. because to sign the contract with the cloudmining site is the worst way in this time you will never be profitable.

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August 25, 2017, 06:22:24 AM
 #17

Cloud mining are not profitable if mining difficulty or price will change significantly in future so purchasing cloud mining packages is quite risky investment and not a risk free passive income source like most of the newbie think and those cloud mining company claims.

Genesis-mining is quite known in the industry, you can try them but I haven't invested in any cloud mining sites because I feel they are just lying everything. 
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August 25, 2017, 08:17:45 AM
 #18

Hello Guys

I have a question
What is the best company to invest money for minning?

bitcoin.com
genesis-mining.com
or ...
Don't invest in any cloud mining or mining hardware. these cloud mining company will runway and mining with hardware require cheap electricity and you have to make sure the machines are running 24/7, could be a tough job. bitcoin will make you profit, just buy it and hold.
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August 26, 2017, 08:47:32 AM
 #19

Cloud mining companies are usually always like a casino, the house always wins. If you do start making profits with them it is after a very long and risky period in which Bitcoin’s price probably went up and you could have made more money by just holding.
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August 26, 2017, 11:03:24 AM
 #20

From my experience, I can tell you that cloud mining is very seldom a winning game. Most likely it is almost zero sum investment.
If you buy coins for the money you would put into cloud mining into buying crypto and holding cryptocurrency you would most likely end up in the long run with more money.
And ultimately you wouldn't have to worry about any 3rd party being legit company, and cloud mining business had history of many failed/pure scam projects.


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