Cloudmining experience

[#Darren]

I tried a lot of cloud mining solutions, but the most of them are very expensive. Generally, a one year mining contract brings you at its peak 5-15 percent profit if you take contract costs into consideration, so I just moved to Hashnest, where they are not trying to rob you with mining costs.

[1714147225]

1714147225

[1714147225]

1714147225

[South Park]

In 2017 i decided to give cloud mining a try and i did get to follow the best ones back then and the following are the ones that were very good until they stopped working excluding minergate and nicehash.
1 Genesing mining
2. Hashflare
3. Minergate
4. Nicehash
back then many fake and scam cloud mining websites did scam lots of people since not everyone can afford to build a mining rig but i was so lucky then until cloud mining stop been profitable, what about you guys? anyone on here that make better profits from cloud mining?

I appreciate very much that you are sharing your experience with cloudmining websites but I'm curious, why you decided to put your money in those websites trying to generate profits when it has been known for a very long time that doing such a thing is not profitable at all and that in many cases those websites were outright scams? However despite this it is a good idea to remind newbies from time to time about old scams so they do not fall into them.

[jossiel]

I thank all the warning that I've seen on the forum that's why I didn't pursue my interest in cloud mining. And until now, when I see someone asks about cloud mining, I'm telling them that it's no longer profitable and they are prone to being scammed.

I still have an interest in mining but I'm still lacking funds for buying equipments.

[joromz1226]

In 2017 i decided to give cloud mining a try and i did get to follow the best ones back then and the following are the ones that were very good until they stopped working excluding minergate and nicehash.
1 Genesing mining
2. Hashflare
3. Minergate
4. Nicehash
back then many fake and scam cloud mining websites did scam lots of people since not everyone can afford to build a mining rig but i was so lucky then until cloud mining stop been profitable, what about you guys? anyone on here that make better profits from cloud mining?

I remember when I was not aware of this forum that he shared with me that cloud mining, he mentioned that he can earn very little to do and that year 2015 and this time it is still good to see cloud mining , but when 2017 came around he was no longer the target because he was introduced to scammers, then the minergate I tested on desktop but he was not successful in me so I also spit him out because he can cure pc ko. This is my experience.

[bgaf]

Cloud mining isn't safe and too risky. They give too much percentage of profit and promise some members that joined a good fortune. Well, it is actually tempting and good at the start but that is not guaranteed. If you already joined networking you can noticed the similarity since it will only be good only in the beginning and slowly be gone and boom. SCAM!

[befriendmywater]

In 2017 i decided to give cloud mining a try and i did get to follow the best ones back then and the following are the ones that were very good until they stopped working excluding minergate and nicehash.
1 Genesing mining
2. Hashflare
3. Minergate
4. Nicehash
back then many fake and scam cloud mining websites did scam lots of people since not everyone can afford to build a mining rig but i was so lucky then until cloud mining stop been profitable, what about you guys? anyone on here that make better profits from cloud mining?

cloudmining is quite convenient for some people who don't have enough money to buy GPU and some equipment to mine coins. But its capacity is not large enough for us to obtain long-term profit.
I also participated in cloudmining for a short time and felt that it didn't really bring the expected profit and everything was very slow. we can still make money from cloudmining, but it cannot be done on a large scale. so I gave up and invested in a new company called "mining city" and started buying hundreds of GPUs to mine coins better.

[indika]

If you do the math, you'll see that every cloud mining don't worth

It's very very simple, you'll only gain money if the coin rise in value, so why not buy the coin directly?

Why do you prefer to gain your coins in a illusion that you are "mining", you will only mine if you have your asic, gpu, cpu or if you rent one and can mine the coin you want

i totally agree with you few month ago i tryied with some cloued mining web site.first threee days i got some portion as my profit after that i got a e mail saying if i want i can re invest my profit for better income so i desided to invest my profit too after few weeks when i check my balance and all my mining power they just same as i brought i created support ticket and asked then they said all my income was redused to cover mining fee wf man i lost my all my money there.so dont invest with cloude mining invest on miner and mine any coin you want

[Bitbtc8]

What about cloud mining situation now in 2019? Has it become profitable, or there are only Ponzi schemes?

Good question, i have tried to pull some answers together about present cloud mining services but its a shame that only eobot still exist and running, there are few new ones but i don't trust them and eobot is the best option left because its been around for a very long time now, this makes it the best reliable cloudmining in 2019 for now

[Bitbtc8]

Since there is not guarantee of when any cloud mining services will stop working this needs to be consider as a very big risk, more risky than investing in even ICO or IEO i will advice everyone to do better research better investing in any cloud mining services unless you just want to take the risk

[michellee]

In 2017 i decided to give cloud mining a try and i did get to follow the best ones back then and the following are the ones that were very good until they stopped working excluding minergate and nicehash.
1 Genesing mining
2. Hashflare
3. Minergate
4. Nicehash
back then many fake and scam cloud mining websites did scam lots of people since not everyone can afford to build a mining rig but i was so lucky then until cloud mining stop been profitable, what about you guys? anyone on here that make better profits from cloud mining?

From that list, I think genesis mining still working until now because I still get some nice rewards for mining with them. I don't know with my account in Hashflare, but I think I cannot continue mining because my hashpower is not too big in that site. I already try with minergate and nicehash, and I think nicehash still working for me too. But I stop mining with those sites because I think that is not worth it for me if I continue. So be careful when you want to join them because cloud mining cannot stay for a long time and only use the money you can afford.

[yazher]

Cloud mining was the first investment that I invest my own money with and it was the worst investment experience I ever had with a few money that I've got from my allowances I went to deposit some cash on our local exchange and bought Bitcoin and it was under $1000 at that time.

At first, the Cloud mining that I invest my money with, pays me every month for 2 straight months but after that, there are no payment again. the only thing that I receive from them is the error message. and we don't have anyone to talk to in their site. that's how brutal they are.

Thankfully with that experience, I came fully understand what cloud mining are they are some method to use to scam people. after that, if I heard something the same as cloud mining I ignored it because of my previous experience.

[asradoni]

I had experience in using Genesis Mining. At the beginning it seemed that I would quickly return my invested money, but then when the market collapsed I lost a decent amount. Having such a bitter experience, I would not trust cloud mining.

[zabir.brutov]

90 percent of all cloudmining projects is a scam or you need to be very lucky to find a legit company. In my opinion, it is better to save some money and to built your own farm, instead of giving you money away for air.

[boranes]

Big risk, little profit, it is not worth it.
I invested in many cloud mining services, they all exit except hashflare but after many reinvestment I couldn't reach roi. Invest, get profit, profit goes down, reinvest, get profit, profit goes down, reinvest and you will find yourself in circle of never ending reinvesting without getting any profit.

[ivaf]

Yes, at that time I also collaborated with Hashflair and Genesis Mining. For over a year now I have not had any contracts with them. It makes no sense - the profit is either very small or not at all.
Now we need to switch to staking.

[lighpulsar07]

Well i've been on a lot cloudmining before and i must say in the start they are all paying but in the long run, your investment became obselete and tgey make slower to make bitcoins or alts in some cloud mining. But most of the cloud mining will became a scam afterwards when no more people buy their contracts no buyers of contract means no money to pay their current customers to conclude just stay away from those cloud mining if you don't want lose some money.

[Murat]

In cloud mining, at first, you have to pick out the authentic cloud mining but the question is that how you can define as a real one, it's really a difficult task to find out a real cloud mining company, we see a lot of fake and scam could mining platform which could not carry out for a couple of months but some unaware people easily got impressed by their lucrative advertisement, not only that but also fake and paid reviews could be a reason people got tempted. So the crisis of credibility and acceptance is the main issue of this cloud mining platform.

Hashnest is one of the best and trusted cloud mining platform since 2014. Check all the current miners they are selling and the daily profit from this link - https://beta.hashnest.com/hash.

[coinporch]

In 2017 i decided to give cloud mining a try and i did get to follow the best ones back then and the following are the ones that were very good until they stopped working excluding minergate and nicehash.
1 Genesing mining
2. Hashflare
3. Minergate
4. Nicehash
back then many fake and scam cloud mining websites did scam lots of people since not everyone can afford to build a mining rig but i was so lucky then until cloud mining stop been profitable, what about you guys? anyone on here that make better profits from cloud mining?

i never invest in cloud mining company my friend
because i don't want to take a risk, by put my money to unknown source income, maybe few of them will show a picture or video
but personally i don't believe that mate, thats why i never invest in cloud mining until now

[Pffrt]

Almost all of the cloudmining sites are scam, they will create greed in your mind and later they will scam you certainly. Don't waste time and money behind it, better you start trading, that will give you some profits, at least you will not be scammed stupidly.

[lobo13hf]

Cloud mining = scam!!!!!
there will be no reason to explain if that was on a scam. Just take a look at even the real miners with their own rig got loss to mine crypto this day due to the difficulty and blockhalving.
Cloudmining will be forever scam and never be profitable.