Mining for everyone - Just better as Cloud Mining?

[fairmining]

1. It is very difficult to operate own miners. That starts with the availability of the hardware.
2. Cloud mining is another idea. But the real advantages are only on the owner side because otherwise they would use their own service instead of selling it. The risks are completely at the customer.

These points lead to the need of a better solution. I describe what Iam thinking of:

A crowdfunded project (via a TokenSale) could solve that problem.

If the complete profit is spread to the funders (and team, but the major part of the tokens go to the funders as reward), that should work fine and would be a win win for everyone.

What do you think? Wouldn't that combine the advantages operating own mining and of cloud based mining without the disadvantages?

Sure such an operation is always a risk. It could fail at start. But what if it starts correctly???

[mocacinno]

1. It is very difficult to operate own miners. That starts with the availability of the hardware.
2. Cloud mining is another idea. But the real advantages are only on the owner side because otherwise they would use their own service instead of selling it. The risks are completely at the customer.

These points lead to the need of a better solution. I describe what Iam thinking of:

A crowdfunded project (via a TokenSale) could solve that problem.

If the complete profit is spread to the funders (and team, but the major part of the tokens go to the funders as reward), that should work fine and would be a win win for everyone.

What do you think? Wouldn't that combine the advantages operating own mining and of cloud based mining without the disadvantages?

Sure such an operation is always a risk. It could fail at start. But what if it starts correctly???

I fail to see the real difference between this setup and any other ponzi/scam "cloudmining"... The only difference is that the ponzi operator would be selling tokens instead of directly stealing accepting money.

I might be missing something here, but i wouldn't trust this setup any more than i would trust any other cloud "mining" operation.

Don't get me wrong, i'm defenatly not accusing you. Your heart might be in the right place, you might have honest intentions, i just don't see any more guarantees as any other cloudminer out there.

[fairmining]

The differences are simple.

Due to the fact that all rewards are related to the token, we win or loose in common.

1. Cloudmining you always have the providing company, they make money and dont have to care about risks.
This project distributes the risk to all.

2. You get the company share in form of tokens. They are tradeable at the some exchanges. The most tokens of icos (that are not scam) could be sold higher as they were bought. Think of what happens after the mining farm is active and the first payout is done.

The team of the ico gets only money with the tokens, so its a win win or loss loss. But not like cloud mining a win loss. Thats impossible.

So at least there are some advantages. We will see...

[Wipro]

1. It is very difficult to operate own miners. That starts with the availability of the hardware.
2. Cloud mining is another idea. But the real advantages are only on the owner side because otherwise they would use their own service instead of selling it. The risks are completely at the customer.

These points lead to the need of a better solution. I describe what Iam thinking of:

A crowdfunded project (via a TokenSale) could solve that problem.

If the complete profit is spread to the funders (and team, but the major part of the tokens go to the funders as reward), that should work fine and would be a win win for everyone.

What do you think? Wouldn't that combine the advantages operating own mining and of cloud based mining without the disadvantages?

Sure such an operation is always a risk. It could fail at start. But what if it starts correctly???

I fail to see the real difference between this setup and any other ponzi/scam "cloudmining"... The only difference is that the ponzi operator would be selling tokens instead of directly stealing accepting money.

I might be missing something here, but i wouldn't trust this setup any more than i would trust any other cloud "mining" operation.

Don't get me wrong, i'm defenatly not accusing you. Your heart might be in the right place, you might have honest intentions, i just don't see any more guarantees as any other cloudminer out there.

I do hear that some of the cloud mining is being legit to invest and learn mining tactics at the initial stage. We have to understand that we should not support all cloud mining site since the some ponzi schemes are been cheated many people.

I think better we can understand the bitcoin mining using hardware to do better investment and create a mining rigs farm.

[mx667]

i dont trust in cloud mining. because usually a lot of them are scam. some are not, but soon they will be scam. some are legit, but soon the khs will decrease like hell. so, is cloud mining good ? maybe yes, for some people. but not for me. i rather mining via hardware. 

[AllisGood]

it seems you have to find a better idea than have to think of something related to cloud mining. most people are too tired because of the sweet promises offered. sorry, just a suggestion.

[swogerino]

This has been done in some revenue sharing website, like creating a crowdfunded project and promising to the investors 10% profit over their ROI when the time of this crowdfunded project/product has been done. After the product launched for example the owners came up with all sort of excuses why they need to cut down the promised 10% because of things not going as predicted with the product and they haven't paid anyone. Now they are scam and do not exist anymore. There is no guarantee in what you are offering but I too maybe miss something here.

[Skarner21]

This has been done in some revenue sharing website, like creating a crowdfunded project and promising to the investors 10% profit over their ROI when the time of this crowdfunded project/product has been done. After the product launched for example the owners came up with all sort of excuses why they need to cut down the promised 10% because of things not going as predicted with the product and they haven't paid anyone. Now they are scam and do not exist anymore. There is no guarantee in what you are offering but I too maybe miss something here.

Yeah its already been happen from the past and until there are ICO and altcoin are the same concept as this ..
For me the safiest and i think not risky is to invest in bitcoin but the price is too volatile but even its unpredictable i can say that bitcoin has a great future..  just be follow about what will be the news because anytime the price can be down trends or burst increase..
Or much safety i think build your own mining rig and learn how to setup it honestly its not really hard to setup just following the step by step setup you can mine with good amount of altcoin .

[coolcoinz]

Explain one thing please. You want to distribute tokens to make all of the investors and the owners stand on equal grounds, but you wouldn't be. Someone has to operate the hardware, buy it and physically set it up at a location. This means that if all operation goes down the investors will hold tokens with no value and the owners will still have the hardware. How does that make you equal and less willing to scam?

[Wwac]

Sorry to use your thread but to answer to your question: is there a better option than cloud mining? Yes there is.
Actually we are in our last stadium of going live with our new data centre. How we can change the market?

By building a low cost, small, but very efficient data centre, combined with a very good network of energy supply we can offer the best full hosting service at a very competitive price, especially for European standards.

See https://bitcointalk.org/index.php?topic=2183959.msg21909203#msg21909203 for more info.