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Author Topic: I want to start cloud mining  (Read 1305 times)
PoorBitMiner (OP)
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October 16, 2017, 09:43:41 PM
 #1

I have been trying to get into cloud mining but don't particular want to put money into it. Can anyone recommend a good site to start cloud mining sites for free? Any that aren't scams or don't work. I'd be grateful to know of a good functioning site for cloud mining.
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October 16, 2017, 10:14:34 PM
 #2

You can't cloud mine for free, no one is going to just send you BTC, while they pay for and run the equipment.

I don't cloud mine but if you find a reputable site you pay them a certain amount per TH/s, plus a daily fee and they then send you your earned BTC.

From what I've seen these don't always turn a profit, some can, but the volatility of the market combined with your intro fees, might never realize a profit.


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Steamtyme
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October 16, 2017, 10:22:29 PM
 #3

Do not use that link

It is a Ponzi Scheme

Edit: here is a link where they discuss this

https://thebitcoin.pub/t/ponzi-100-gh-s-free-mining-never-invest-never-trust-take-what-you-can-for-free/10095


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October 16, 2017, 10:38:12 PM
 #4

Or, use the Forum Search function with 'Cloud Mining" as the query....  Roll Eyes
That will turn up gazillions of post about this question which has been asked hundreds of times... All answers have been and will always be - stay away.

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October 16, 2017, 10:47:05 PM
 #5

be aware to ponzi cloud mining sites. there are a billon of fake cloud mining sites, no one can suggest you a cloud mining site, becouse no one can know they are real miners or, a long term ponzi.
PoorBitMiner (OP)
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October 16, 2017, 11:00:29 PM
 #6

Do not use that link

It is a Ponzi Scheme

Edit: here is a link where they discuss this

https://thebitcoin.pub/t/ponzi-100-gh-s-free-mining-never-invest-never-trust-take-what-you-can-for-free/10095

I generally look into the sites before I join them and the reviews by both users and reviewers seem to be positive. It would be if you could show me some proof for the claim as that would help majorly.
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October 16, 2017, 11:11:16 PM
 #7

If you read the thread I posted, they all acknowledge it is a Ponzi scheme and that they are rolling the dice on their short term small investments to be the first few who make a profit.

Beyond this, do as you will with your money. Feel free to invest and reinvest.


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October 16, 2017, 11:56:59 PM
 #8

I have been trying to get into cloud mining but don't particular want to put money into it. Can anyone recommend a good site to start cloud mining sites for free? Any that aren't scams or don't work. I'd be grateful to know of a good functioning site for cloud mining.

Cloud mining websites are mainly an evolved form of ponzi schemes, so I won't recommend you to invest any money in to any cloud mining platform. You will receive payouts for few days but it will run away with your money after few days. Till date, I didn't find any cloud mining website that are real. Mostly run by group of scammers. So try to avoid them. Instead try to invest in mining rigs and start mining from home. The initial investment will be high but it will reward you suitably if you can mine the right coin.

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October 17, 2017, 06:57:24 AM
 #9

OP you could mine with me mate, in my bedroom, I will show you how poor you could get by cloud mining, people invested on hashnest because they

Were legit, but they forked Bitcoin to have their own blockchain to mine with Asicboost. not even the legit cloud miners could be trusted. I could suggest

To check on altcoin announcement section to find many ICO cloud mining.
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October 17, 2017, 07:42:24 AM
 #10

don't bother with cloud mining ever.
when you ask about cloud mining everyone's mind goes to scams and Ponzi schemes first. and that much is obvious but also the legit ones are useless too. they are not really a good investment for your money. you are putting your bitcoins at risk just to get a small return like drops from a faucet which take forever to reach ROI.

Can anyone recommend a good site to start cloud mining sites for free?
there used to be some a couple of years back, and I even made money from them. you just signed up and they gave you GHS for free. but I have never seen any of them around for years.

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October 17, 2017, 08:10:34 AM
 #11

I have been trying to get into cloud mining but don't particular want to put money into it. Can anyone recommend a good site to start cloud mining sites for free?

cloud mining are just like any business. they should make a profit if they want to stay in business.

Imagine that you invest $200,000 to build your cloud mining business.

  You build the headquarters of the company, hire the engineers, technicians and other workers, buy the necessary equipment and begin to operate, you know that you must pay electricity bill and salary of the workers every month and you also need to recover your investment.

So how will you give GHS for free to people? how could you give free bitcoin to people?

This is impossible, it is not about being or not being a good person, it is about fulfilling your commitment to guarantee the company's profitability, to guarantee the salary of all the workers who work very hard to earn a misery and with that low salary to support their families




 Any that aren't scams or don't work. I'd be grateful to know of a good functioning site for cloud mining.

To survive, people do everything they can, so do not expect that there will be any site that will give you free bitcoin.

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October 17, 2017, 10:01:15 AM
 #12

Try eobot. If they still offer cloudmining register, go to account, click on the left to ghs, then go to products and faucet. Then you can see, how that would work. But you don't come far with "free mining". If a service is legit (only know one or two), they have to pay hardware, maintance, electricity costs, staff, taxes .....so they cant give out  much mining power for free.
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October 17, 2017, 10:54:25 AM
Last edit: October 17, 2017, 11:09:36 AM by AdolfinWolf
 #13

Try eobot. If they still offer cloudmining register, go to account, click on the left to ghs, then go to products and faucet. Then you can see, how that would work. But you don't come far with "free mining". If a service is legit (only know one or two), they have to pay hardware, maintance, electricity costs, staff, taxes .....so they cant give out  much mining power for free.

That is all scripted. EObot is a cloud mining ponzi scam for sure in my opinion.

DO NOT INVEST IN THAT SITE!

https://bitcointalk.org/index.php?topic=551009.0


Even Bitcointalk staff is calling it a scam.




Either you get scammed later down the road, or you never make a profit, since their contracts decrease in revenue after X days. It is very shady to say the least.

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October 17, 2017, 11:16:58 AM
 #14

Sadly you need an investment to cloud mine also make sure the site has been running for a long time and has good rep.
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October 17, 2017, 11:22:24 AM
 #15

Try eobot. If they still offer cloudmining register, go to account, click on the left to ghs, then go to products and faucet. Then you can see, how that would work. But you don't come far with "free mining". If a service is legit (only know one or two), they have to pay hardware, maintance, electricity costs, staff, taxes .....so they cant give out  much mining power for free.

That is all scripted. EObot is a cloud mining ponzi scam for sure in my opinion.

DO NOT INVEST IN THAT SITE!

https://bitcointalk.org/index.php?topic=551009.0


Even Bitcointalk staff is calling it a scam.




Either you get scammed later down the road, or you never make a profit, since their contracts decrease in revenue after X days. It is very shady to say the least.

I'll believe on -ck about eobot and even there will be some people here that will say that it is a trusted one I'm just going to ignore it and instead I'll help to fight against these scammers.



I have been trying to get into cloud mining but don't particular want to put money into it. Can anyone recommend a good site to start cloud mining sites for free? Any that aren't scams or don't work. I'd be grateful to know of a good functioning site for cloud mining.

Stop trying, there are some other place where you can invest your money. And you are asking for free? Well it's too good to be true, you can't find a cloud mining that will let you invest nothing on them and in any investment there's no free.

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October 17, 2017, 12:16:09 PM
 #16

It's mind boggling how people nowadays think that money falls just out of the sky without putting anything on the table themselves. If you want to make money, you need money, or at least a valuable skill that you can offer.

Everything that's free either yields you satishis/dust, or you eventually ends up paying the price for it. People should stop advicing others to join this or that service, it's just a waste of time.

Invest a minimum amount directly into Bitcoin, and you'll see how your investment yields you far better returns than these shitty cloud mining services will ever do ~ it's just a matter of logical thinking.

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October 17, 2017, 12:43:06 PM
 #17

cloud mining is very risky, many of the cloud mining sites are becoming a scam so many have no confidence in the mining site, they just hear the word CLOUD MINING first in mind they are SCAM site. I'm also a victim of a cloud mining site. When I wanted easy money, my whole thought was legit cloud mining but I made a mistake. i wasting my investment and my time.
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October 17, 2017, 01:03:22 PM
Last edit: October 18, 2017, 05:23:13 AM by npredtorch
 #18

Where did you learn about cloud mining? It seems to me that the problem roots on the sources which gives false information about cloud mining, spreading lies that it is a very profitable platform that anyone could join to.
If I were you, I'll read more of the basics of bitcoin and how do it work. Focus on knowledge and let your time loose on it and don't ever take the shortcut on easy money making scheme, they often exist just to fool you.

Start with the most common suggestion on this forum - tie with a campaign and join some discussion (without focusing on the post quota, don't post just to earn btc).
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October 17, 2017, 01:33:19 PM
 #19

I have been trying to get into cloud mining but don't particular want to put money into it. Can anyone recommend a good site to start cloud mining sites for free? Any that aren't scams or don't work. I'd be grateful to know of a good functioning site for cloud mining.

Don't do that, instead create one exchange account in reputed trading site and start trading with the little funds in skrill, netsellar and banks. You can create a account in cloud mining site for free but for mine a coin you have to purchase the hash power from the network pool of their site. That will cost around 0.03 btc atleast for small hash rate which will lead you to face loose apart from electricity for your pc.
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October 17, 2017, 04:44:32 PM
 #20

I have been trying to get into cloud mining but don't particular want to put money into it. Can anyone recommend a good site to start cloud mining sites for free? Any that aren't scams or don't work. I'd be grateful to know of a good functioning site for cloud mining.
You can not get a free contract for cloud mining, although some sites offer it but I recommend to choosing a trusted cloud mining site if I am not mistaken hashflare is one of the best and trusted cloud mining sites. you can try to invest there.

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