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Author Topic: Cloud mining  (Read 359 times)
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January 12, 2025, 03:54:04 PM
 #21

Which site I can get mining cloud for some cryptocurrency they I can mine to short time

You can't. You would be able to mine some, even Bitcoin, if you had this wish in 2009/2010 because, at that time, it was possible to mine Bitcoin with a CPU.
You might misunderstand what OP is trying to ask of word "mining". Cloud mining exists, and some company is legit offering it, well at least before, it's simply like renting the hardware asic mining online, depends amount of the offer the user wants. But most unreputed website offers using the same keyword "cloud mining" where its just a ponzi and where most are scam try to lure its users.

 
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January 12, 2025, 04:06:13 PM
 #22


Still remember in the past where cloud mining was so famous that you were even willing to spend hundreds of dollars to buy the cloud hash, but that's where there were many victims where many investors suffered losses which eventually became a ponzi scheme.

But now anyone will prevent someone from asking about cloud mining because it is definitely a scam.


I remember in the old days I bought a cloud mining package and jumped for joy every time I peeked at my dashboard; I made a profit from cloud mining in the old days, but after Bitcoin prices soared, so many legit cloud mining sites shut down, and so many communities adopted Bitcoin, and some of these are schemers, scammers, and Ponzi operators. They made a way to create a Ponzi scheme and cloud mining as a front.
So many lose a lot of money from these so-called new cloud mining.
This is a historical fact; no one should be looking for legit cloud mining in this day, because its non-existent.

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January 12, 2025, 07:18:25 PM
 #23


Still remember in the past where cloud mining was so famous that you were even willing to spend hundreds of dollars to buy the cloud hash, but that's where there were many victims where many investors suffered losses which eventually became a ponzi scheme.

But now anyone will prevent someone from asking about cloud mining because it is definitely a scam.

I remember in the old days I bought a cloud mining package and jumped for joy every time I peeked at my dashboard; I made a profit from cloud mining in the old days, but after Bitcoin prices soared, so many legit cloud mining sites shut down, and so many communities adopted Bitcoin, and some of these are schemers, scammers, and Ponzi operators. They made a way to create a Ponzi scheme and cloud mining as a front.
So many lose a lot of money from these so-called new cloud mining.
This is a historical fact; no one should be looking for legit cloud mining in this day, because its non-existent.
I never thought of it as a scam but over time many sites fell into the scam and that's when I realized that it was just a ponzi scheme in cloud mining.
Even a few months a friend asked about a site like this concept immediately I forbade never investing because it was a scam.
Like those of us who know first will never try this dark historical fact. Lol
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January 13, 2025, 02:05:43 PM
 #24

Which site I can get mining cloud for some cryptocurrency they I can mine to short time

There is no such a cloud mining today it simply unprofitable because they need some legal and app and other bunch stuff for the company to open cloud mining for everyone. I mean the last time I heard about cloud mining is https://pool.binance.com/en/cloud Binance cloud mining but they always sold out.

and most of the cloud mining is closing their farm from public back then in 2016 I invest in antminer backed cloud mining called hashnest but today event antminer didn't open cloud mining so stay away

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January 15, 2025, 08:16:29 PM
 #25

For short-term crypto cloud mining, try StormGain for its free in-app mining linked with trading, offering a low entry barrier. BitFuFu provides short-term contracts with low investment, focusing on accessibility. Both platforms are known for user-friendliness and reliability, making them great for quick, hassle-free mining experiences.

StormGain has migrated its services to the Youholder multi-wallet. Which as much as a security measures, is powered by Ledger. For me, it's not good. Their "cloud mining" isn't near to the usual term. You buy their coins or you play a game to earn them (lol) and you stack them to get "rewards".
As for BitFuFu, you can say that they offer the typical "cloud mining service", but depends on the price that BTC will have at the time that your contract ends. So you need the price to rise or you are simply doomed. Plus they are not cheap and you will not have any guarantee that this will continue.
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January 28, 2025, 02:56:47 PM
 #26

Which site I can get mining cloud for some cryptocurrency they I can mine to short time

There is no such a cloud mining today it simply unprofitable because they need some legal and app and other bunch stuff for the company to open cloud mining for everyone. I mean the last time I heard about cloud mining is https://pool.binance.com/en/cloud Binance cloud mining but they always sold out.

and most of the cloud mining is closing their farm from public back then in 2016 I invest in antminer backed cloud mining called hashnest but today event antminer didn't open cloud mining so stay away

I didn't know about the binance cloud mining but these days wherever you find any site offering cloud mining, it is more probably a scam. Its  hard to find any active legitimate cloud mining services these days. Another way to identify these scams is that these cloud mining sites will promise exceptionally high returns and they will claim no risk attach to their services. The newbies in crypto get attracted to these ponzi scheme structure and they later find out that they only lost their money.
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January 31, 2025, 11:09:56 AM
 #27

I didn't know about the binance cloud mining but these days wherever you find any site offering cloud mining, it is more probably a scam. Its  hard to find any active legitimate cloud mining services these days.
I guess it's some kind of staking. Although it is quite unclear why they decided to call it cloud mining, knowing that it is a synonym for a scam scheme, and cloud mining is an unsustainable business model.
I believe that it is attractive to beginners because there they see an opportunity that they have heard about. Earn money without doing anything

 
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February 01, 2025, 07:58:15 PM
 #28

I didn't know about the binance cloud mining
It's funny, isn't it? It's funny that Binance has Binance Pool on their platform where they offer people to connect their miners to Binance Pool and maximize the miner's income, closing the gap between mining and trading. The funny thing is that Binance tries to convince miners to join their pool but at the same time, they offer cloud mining and convince people to invest in their cloud mining.

If I were OP, I would try trading instead of cloud mining. Just think about it, someone buying a miner, hiring a group of developers to create a website for you to rent a hashrate? And do you think that this scheme is made for you to profit? Of course, not.

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