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Question: which of these cloud mining(online minning) sites do you use or prefer to use??
Group Bitcoin - 2 (4.9%)
Cloud Hashing - 4 (9.8%)
CEX.IO - 26 (63.4%)
Progressive Mining - 0 (0%)
Mimocloud - 0 (0%)
mining using your own hardware - 9 (22%)
Total Voters: 39

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Author Topic: best cloud mining site  (Read 2114 times)
sj2199
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April 21, 2014, 01:56:16 PM
 #1

presently, CEX .IO is giving 1 GH at 0.0079btc so,be fast and buy your online hashing power at https://cex.io/r/0/sj2199/0/
at get profit when the prices go up by trading ghs   Embarrassed Embarrassed Embarrassed Embarrassed

                                                                               
                
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bitcasino
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April 21, 2014, 02:15:49 PM
 #2

Tough question!
you need to use a Bitcoin profit calculator to estimate the amount of Bitcoin that can be potentially mined,
you can compare more than twenty cloud mining companies.


LendingTree
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April 21, 2014, 02:21:24 PM
 #3

Cloud mining is generally not profitable, unless you resell your GH/s for a profit or at least break even.
jparsley
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April 21, 2014, 04:15:28 PM
 #4

Nice list. Which provider offers the cheapest rates?

please unban me.
jparsley
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April 21, 2014, 04:25:17 PM
 #5

I think cex.io is the cheapest plus u can trade ghs. 

please unban me.
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April 21, 2014, 04:29:48 PM
 #6

PBmining is the cheapest cloudmining from research Ive done. Antminer still beats out ever so slightly....

gagalady
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April 21, 2014, 07:39:16 PM
 #7

Cloud mining is generally not profitable, unless you resell your GH/s for a profit or at least break even.

Why not? Lets say if you buy for example 200GH/s for 1.2 BTC, you make 0.4 BTC a month with 200GH/s? so after 3 months everything will buy off and you'll start making profit. IF i'm not correct, please correct me.
philipma1957
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April 21, 2014, 07:41:42 PM
 #8

Cloud mining is generally not profitable, unless you resell your GH/s for a profit or at least break even.

Why not? Lets say if you buy for example 200GH/s for 1.2 BTC, you make 0.4 BTC a month with 200GH/s? so after 3 months everything will buy off and you'll start making profit. IF i'm not correct, please correct me.

 200gh will not earn 1.2 btc in 90 days  if diff goes at 10% it takes 132 days to earn that

I mine alt coins with https://simplemining.net...
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
CLOUDMINING.GURU
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April 21, 2014, 08:52:29 PM
 #9

Check out our site for some cloud mining reviews: https://cloudmining.guru


lamaa1
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April 21, 2014, 09:37:01 PM
 #10

Cex.io was a pretty good site. Bought a few Ghash from them, sold them 2 weeks later. I got a little profit out of it, not a lot but it still proves that cloud mining can be profitable. Only the maintenance cost came up pretty high some times.

Now using pbmining for almost a week now. They pay out every sunday, they are cheap, no maintenance costs. Disadvantage: Can't sell the ghash you bought.
icet208
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April 22, 2014, 06:31:43 AM
 #11

cex.io th best cloudmining if you don't have your one mininghardware..
icet208
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April 22, 2014, 07:24:29 AM
 #12

totally i love pbmining.com because tottaly you can get profit much and you can get happy with that . i guaranted or you can join in my refferal http://pbmining.com?ref=theoldman and i can give you 10.000 COMM just message me your COMM address every week in one month  Wink
they have good price, but a 5 year contract?..
Acidyo
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April 22, 2014, 07:37:36 AM
 #13

I haven't had any issues with cex, altho it's hard to make a profit there nowadays.

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icet208
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April 22, 2014, 07:45:44 AM
 #14

I have accounts with pbmining.com and .
The advantage with [url=https://cex.io/r/0/erohne/0/]CEX.IO
is that you can sell your Ghs at any time.
Currently I would recommend Future Mining Contracts FHA on CEX.IO which start mining in 5 days at April 26th.
The price is about 0.0083/Ghs and rising.

what is that FHA and FHM on cex.io?
Schinder75
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April 22, 2014, 10:02:23 AM
 #15

cex.io - mining fee: currently ~29.67%

They keep nearly 1/3 of mining rewards for maintenance. Keep this in mind when buying hashingpower there!
icet208
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April 22, 2014, 10:28:44 AM
 #16

FHA stands for Future Hashing April which is a contract which starts mining on April 26th in 4 days from today on saturday.
FHM means Future Hashing May and starts mining on May 25th.
The price currently is 0.0083 BTC/Ghs for FHA and 0.0041 to 0.0042 for FHM contracts at
thx for answer..FHA is 0.082..allmoust like BTC/Ghs...dam
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April 22, 2014, 10:36:56 AM
 #17

Cloud mining is generally not profitable, unless you resell your GH/s for a profit or at least break even.

Totally agree.
And btw, cex.io has cheapest GHashes on the market.

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Realtime Bitcoin Price! Search - "mining profit ticker" in Chrome App Store!
gagalady
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April 22, 2014, 01:18:25 PM
 #18

Cloud mining is generally not profitable, unless you resell your GH/s for a profit or at least break even.

Why not? Lets say if you buy for example 200GH/s for 1.2 BTC, you make 0.4 BTC a month with 200GH/s? so after 3 months everything will buy off and you'll start making profit. IF i'm not correct, please correct me.

 200gh will not earn 1.2 btc in 90 days  if diff goes at 10% it takes 132 days to earn that

Also when BTC difficulty increases how does it effect the profit? How often it increases and how many % It decreases earnings If you don't buy additional hash power?
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April 24, 2014, 08:47:11 AM
 #19

I say cex.io is the best right now as they have the lowest rates and some contact info

gagalady
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April 24, 2014, 01:46:33 PM
 #20

I say cex.io is the best right now as they have the lowest rates and some contact info

What do you mean lowest rates? The price isn't the lowest at all, there are other sites that offer much cheaper hash but i don't know if they are legit..
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