Cloud mining with OXBTC

[RomiM]

They offer only BTC or I can mine some other currency also? Bitcoin mining is very expensive while we still have coins that are good on exchanges and easy to mine. Let me know if there are other options available on btc also.

[HankePoster]

OP can you tell me how many users are using your services and whats the satisfaction rate? I am interested in using your mining service.

[serjent05]

This is just like cloud computing. Where you just pay for devices that are not on your premises but managed by specialized people. Its an interesting concept and worthy to be invested if the company is legitimate.

Indeed it was a very interesting concept until it was exploited by people who want to take advantage and scam people.  Cloud mining used to be a profitable venture way back eons ago but not anymore.  Aside from that there are lots of cloudmining company that shutdown or turn to other business models because of the undesired result.  I am also one of those who invested in this kind of offer but later found out that it wasn't giving me enough profit.  Luckily I sold my hashes (it was allowed to sold hashes to other people) before the company shut down the operation months after.

[HankePoster]

This is just like cloud computing. Where you just pay for devices that are not on your premises but managed by specialized people. Its an interesting concept and worthy to be invested if the company is legitimate.

Indeed it was a very interesting concept until it was exploited by people who want to take advantage and scam people.  Cloud mining used to be a profitable venture way back eons ago but not anymore.  Aside from that there are lots of cloudmining company that shutdown or turn to other business models because of the undesired result.  I am also one of those who invested in this kind of offer but later found out that it wasn't giving me enough profit.  Luckily I sold my hashes (it was allowed to sold hashes to other people) before the company shut down the operation months after.

Unfortunately due to the unregulated nature of crypto there is a scam in every category. One technique is never to jump with huge capital rather start with a small amount and check whether project is legitimate or not. Always DYOR before investing in any project.

[asriloni]

They offer only BTC or I can mine some other currency also? Bitcoin mining is very expensive while we still have coins that are good on exchanges and easy to mine. Let me know if there are other options available on btc also.

I will never suggest you to try this service but you can mine only ethereum as another option for bitcoin. This service has a very high possibility to be a scam service dude. You should be careful with all of your money.

[asyakashi]

I'm not sure about cloud mining, give me proof that oxbtc provides real benefits.
so far too many scams, and usually require a deposit to run the mine.

[asyakashi]

I'm not sure about cloud mining, give me proof that oxbtc provides real benefits.
so far too many scams, and usually require a deposit to run the mine.

You must go for there support on the website. They can help you with this query. They also have a bounty program and people on that thread are saying that they are getting their reward. You can have a look there also.

okay thanks, i'm not very interesting with the bounty program from exchange.
I can't move on and don't forget BCNex from Vietnam. ha ha
hopefully not with oxbtc.

[giammangiato]

I don't know legit cloudmining but I'm pretty sute that they are all future scam. I used in the past Dualmine where you invest and you will go in gain after 5 months. You can also reinvest and go faster! I have to give a look to this OXBTC

[Fakhrulenclix]

Not all cloudmining out there are scam, but so hard to find the legitimate one. Until today i dont know there are cloudmining can survive for so long. Even if legitimate when the first launched, but will stop because they cant pay anymore. So for me, if i know there is cloudmining which pay members, im not interesthing with that

[LbtalkL]

I am not really a fan of cloud mining, it sounds like a HYIP to me. Way back 2017 I never heard a successful cloud mining project that truly success in this field. Electroneum is like a cloud mining because they have this virtual mining on mobile device but its price it pretty dump. Also, most of the cloud mining site I know from year 2017 are gone now. Be careful with site like this try in your own risk.

[Stedsm]

Cloud mining? Did you say cloud mining? F[_]¢[{ Off.
It's been an old-school technique now in order to scam newbies and they literally won't fall for such shit schemes after reading this - Cloudmining 101

[Shasha80]

I no longer trust cloud mining anymore, because I've been a victim of fraud from cloud mining several times. In my observation mining is no longer
profitable to do, so it's no wonder cloud mining is circulating now in my opinion 99% scams. Better investing in new projects or trading on exchanges
is much more profitable. So sorry to say to OXBTC, I will not be tempted by the rewards offered.

[carlisle1]

I no longer trust cloud mining anymore, because I've been a victim of fraud from cloud mining several times. In my observation mining is no longer
profitable to do, so it's no wonder cloud mining is circulating now in my opinion 99% scams. Better investing in new projects or trading on exchanges
is much more profitable. So sorry to say to OXBTC, I will not be tempted by the rewards offered.

Cloud mining is only safe if you will do it Bulk i mean Mining farm and having a very cheap Electricity since thats the main problem for all miners that tries to make money in this field.

Cloud mining? Did you say cloud mining? F[_]¢[{ Off.
It's been an old-school technique now in order to scam newbies and they literally won't fall for such shit schemes after reading this - Cloudmining 101

Well all the promises are sh*t and i guess there are no newbies that will be attracted on this Mining scam.

and also this has been exposed so many times.

[EscTel]

It's now a culture here that people start accusing new projects as a scam without any proof. I am not saying to go and invest in this project but they have a bounty program here on bitcointalk.org and they are paying the participants.

[CryptoYar]

It's now a culture here that people start accusing new projects as a scam without any proof. I am not saying to go and invest in this project but they have a bounty program here on bitcointalk.org and they are paying the participants.

I don't agree with you, the culture here is to make cryptocurrency safe and secure for new people because scammers are determined to rob new people.
Think yourself that you are new and you invest in a scam project, it will be good if your money is lost? No!
That's why some of our members expose the scammers by spending their precious time.
However, you should praise those members who do this, I do not know why you are calling them bad.

[EscTel]

It's now a culture here that people start accusing new projects as a scam without any proof. I am not saying to go and invest in this project but they have a bounty program here on bitcointalk.org and they are paying the participants.

I don't agree with you, the culture here is to make cryptocurrency safe and secure for new people because scammers are determined to rob new people.
Think yourself that you are new and you invest in a scam project, it will be good if your money is lost? No!
That's why some of our members expose the scammers by spending their precious time.
However, you should praise those members who do this, I do not know why you are calling them bad.

sir, I am calling no one bad. I am just saying that if you say that some project is not legitimate then please do come up with some evidence. The whole project's reputation is destroyed because of your comments.

[Stedsm]

It's now a culture here that people start accusing new projects as a scam without any proof. I am not saying to go and invest in this project but they have a bounty program here on bitcointalk.org and they are paying the participants.

I don't agree with you, the culture here is to make cryptocurrency safe and secure for new people because scammers are determined to rob new people.
Think yourself that you are new and you invest in a scam project, it will be good if your money is lost? No!
That's why some of our members expose the scammers by spending their precious time.
However, you should praise those members who do this, I do not know why you are calling them bad.

sir, I am calling no one bad. I am just saying that if you say that some project is not legitimate then please do come up with some evidence. The whole project's reputation is destroyed because of your comments.

Okay, evidence, good.
So, if someone doesn't have an evidence about something means the project is fine and could give you too good to be true kinda results, be it cloud mining or any sector that promotes HYIP scams? So, what do you want? You want the person to first try out, get scammed and then use that evidence to show you what he did and what you shouldn't? This means getting scammed is necessary first in order to prove that a project is not fine. Wow, someone is just trying to help you by asking you not to dive into an empty swimming pool, but seems like you'll just throw yourself into it.

[EscTel]

In current environment where too many people are jobless and looking for a work opportunity. Such proxy services are best to get some passive income. It's a good reputable company, so its safe to invest there.

[MCobian]

Even though I don't have proof of OXBTC legit or scam, but because most of the cloud mining scams, I better avoid investing in cloud mining.
Because I don't want to take risks with the money I have. Moreover, there are many other options for making money in the cryptocurrency world.
I think it's safer that the money I have is used for trading.

[whyrqa]

I no longer trust cloud mining anymore, because I've been a victim of fraud from cloud mining several times. In my observation mining is no longer
profitable to do, so it's no wonder cloud mining is circulating now in my opinion 99% scams. Better investing in new projects or trading on exchanges
is much more profitable. So sorry to say to OXBTC, I will not be tempted by the rewards offered.

I believe that Cloud mining is practically the same investment in bitcoin, only it is even more risky. Of course, if you take into account the fact that Bitcoin will rise in price, then, accordingly, the income from cloud mining will increase, But if you just invest in Bitcoin, then your capital will depend only on the fluctuation of the Bitcoin exchange rate, and Cloud mining can lead to a loss of funds. because this situation primarily depends on the company from which you rent the equipment. the company may not be able to cope with its tasks as the requirements for computing power and with the replacement of equipment are constantly changing. Simply put, My friends advised me not to take on this activity, since the Benefit is very minimal, Besides, finding legitimate companies is also very difficult. As a last resort, it is better to invest in equipment yourself and build your own mining farm.