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Author Topic: Clouds are the best?  (Read 318 times)
darkangel11
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March 16, 2018, 07:49:11 PM
 #41

nope. It can be hack. I dont use any cloud site so my opinion can be wrong but I still think it is not good as people expect

I'd be more afraid of it being a scam or simply shutting down before my contract expires. Most cloud mining operations were either scams or had to shut down early, before the investors were able to ROI. Also, ROI is not what you should be aiming at. If I wanted to get my money back after 6 months, I'd put them on a savings account and at least get 3% a year without having to risk anything. With cloud mining you want to get at least 10% a year, regardless of the price of the mined coin. No services will guarantee that, which means they're not worth your time.

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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March 16, 2018, 08:06:05 PM
 #42

Cloud mining are the worst,you can never make any money from investing on mining sites and mostly all of them were scam sites.S friend of mine also invested decent amount on clud mining but he never get any return from the site,Scammed!
So don't get attracted with huge offers if someone give huge return then it can be considered as scam.

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March 16, 2018, 08:09:59 PM
 #43

Cloud mining has worked for several of my friend. But I had terrible experience buying some packaged mining contract. Cloud mining may be good or bad depending on the time you are signing into it. It better to take the risk rather than losing on opportunity to earn.
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March 17, 2018, 05:16:14 AM
 #44

Cloud mining has worked for several of my friend. But I had terrible experience buying some packaged mining contract. Cloud mining may be good or bad depending on the time you are signing into it. It better to take the risk rather than losing on opportunity to earn.
But it is more better to invest on our own miner then start mining on our own because I don't want to take that opportunity if there is chance for getting scammed.We can arrange our altcoin mining rig and the capital investment needed for GPU mining is less but the earnings will be more if we have powerful GPU.

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March 17, 2018, 02:05:39 PM
 #45

No, I don't believe in cloud mining. They're all deceitful. Don't invest a penny.

Although mining costs are falling, that does not mean that these cloud managers will lower the minimum price. The cloud should not be trusted at all times. They will take your money, they will only show that they have made great progress in digging, but honestly, they have not made any progress.
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March 17, 2018, 03:53:40 PM
 #46

Cloud mining of bitcoin, eth or any other cryptocurrency is a scam for a newbie! Better buy your own mining rig or invest.
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March 24, 2018, 06:19:51 AM
 #47

If you were cloud miner operator then you will need to take care of following things:

  • Purchase Hardware
  • Purchase Space for running business
  • Electricity Bills Per Month
  • Maintenance Charges
  • Unwanted Breakdown Charges
  • Cloud mining website charges
  • Marketing Charges

and much more to count on!  Do you really think your mining could sufficiently generate enough money to pay all these charges and after that pay the end user their cut as promised?

Now think with this perspective and then think with the perspective of investor (what will you get).

 
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March 24, 2018, 06:36:24 AM
 #48

Do you think it makes sense to invest in the cloud mining of bitcoin now?
No, it doesn't (has been like that for a long time) plus investing in cloud mining, is equal to giving money to scammers (in most cases).

Exactly, i Think OP is shilling some Cloudmining sites that is an all over issue of scam. 
The problem with People are just Promoting some unverifiable projects whether it's illegal or illegal (LOL)
How about if OP posted a proof of receiving 200% in investing from hashflare so that anybody could see and believe if they/we want to believe that what are you saying is legit and trusted. 

Buy your own don't depend. Phew.
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March 24, 2018, 07:25:18 AM
 #49

No, I don't believe in cloud mining. They're all deceitful. Don't invest a penny.
Some people make money by entering the ponzi/HYIPs early my making some money early on by referring a huge number of people. I reckon they maintain some social media groups for these Next-In-Line downlining.

Quote
Although mining costs are falling, that does not mean that these cloud managers will lower the minimum price. The cloud should not be trusted at all times. They will take your money, they will only show that they have made great progress in digging, but honestly, they have not made any progress.

Honestly they dont do any mining at all - in 99% cases they are making up bullshit to drag people into their site in order to invest or make them invest. While the reality is that new investors money is used to pay the old investors and part of the money goes to the owners.

R


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