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Author Topic: Cloud Mining  (Read 338 times)
Oilacris
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November 30, 2017, 07:30:30 PM
 #21

Hi,

i am new to the topic of bitcoin and mining. I want to invest a bit of money, not much around 100$ in mining. I just want to purchase the hashrate and wait for the payouts.
I want to join a pool because it is more profitable than single mining, isnt it? Please correct me if i am wrong because i dont know anything about this topic.

I tried to join the antpool because it is the biggest one and a lot of people will become angry if the website shuts down isnt it, but i cant find a button which let me choose my hash rate, like genesis mining where i can buy packages. Thats what i want but i heard genisis mining is scam.

So my questions are:
1. I want secruity that means i dont want to invest in a scam site which goes offline in 10 years or smth.
2. Can a pool or website be prosecuted and the investors get their money back or is it hard to do so
3. is there a german forum because my english is not the best Wink


I want something like invest 100$ and get 1 bitcoin in 6 month or something like that if you know what i mean.
Can you recommend something?

Kind regards Florian

In anything we do, objective matters which is what I have bolded there but the issue is that, if that is what you are targeting, I would suggest you tried another area of interest because there is no way that can happen in 6 months and not even cloud mining no matter how profitable it is. If its not greediness tell me how you want to turn $100 to over $11000 in 6 months just by buying hash rates. If someone should even offer you that kind of investment, you should run because that is scam and there is no two way to it.
Even you do put $1000 investment its not still possible to reach up 1 btc in just a matter of 6 months.Even on 1 year time you wont able to achieve or reach roi on this time since cloud mining does really give a small partial of your investment and comes worst you would be on loss in the end of your contract.Too good to be true offers = SCAM.


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November 30, 2017, 07:59:36 PM
 #22

Pretty much every cloud mining site is a scam or in the process of becoming one.  Literally do anything else with your money, this goes to you or anyone else reading this.  The return for the risk just doesn't make enough sense.  You would be better off just going to a casino and betting on a roll of the dice.  There are much better ways to make more money with your investments than cloud mining.  One of those is learning how to trade on exchanges.

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