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Author Topic: bitguy.com cloud hashing - good or scam?  (Read 1259 times)
Minganus (OP)
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June 02, 2014, 05:02:29 PM
 #1

Hi to all,

bitguy.com cloud hashing - good service guys or scam?

Can anyone thinks?
Who use?
torusJKL
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June 02, 2014, 05:10:32 PM
 #2

They have a real world address on their homepage.
Maybe someone in that area could go check them out.

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barney_stinson
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June 02, 2014, 05:15:08 PM
 #3

IMO, it is good service
Guy Corem
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June 02, 2014, 06:41:56 PM
 #4

Hi to all,

bitguy.com cloud hashing - good service guys or scam?

Can anyone thinks?
Who use?

I confirm that we've sold a lot of SP10s to BitGuy.com owner.

Guy

New Mimblewimble implementation: https://www.beam.mw
Spondoolies is now part of Blockstream: https://blog.blockstream.com/en-blockstream-mining-builds-momentum-with-spondoolies-acquisition/
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June 03, 2014, 01:22:45 AM
 #5

IDK - I would rather use a more trusted service such as CEX.io or PBmining (I prefer the first one).  I've never heard of this site until today o.O
Testing123
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June 03, 2014, 02:29:52 AM
 #6

IDK - I would rather use a more trusted service such as CEX.io or PBmining (I prefer the first one).  I've never heard of this site until today o.O

From the post by Spondoolies-Tech, we at least know the site does have some ASICs (unlike PBmining Tongue).

But I personally prefer to buy bitcoin directly over buying ASICs or mining contracts. Smiley

torusJKL
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June 03, 2014, 04:28:34 AM
 #7

Do the prices include electricity?

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Testing123
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June 03, 2014, 04:44:21 AM
 #8

Do the prices include electricity?

I believe the prices include all maintenance costs and electricity costs, as I can find the following lines on the site.

Quote
BitGuy - Bitcoin Cloud Mining Made Easy!

Ask yourself theses few questions:

Have you ever wanted an easy, hands-free, cost-effective system to mine bitcoins, but have struggled to find the way?
Does the thought of shelling out thousands of dollars for bitcoin mining equipment that may arrive late, if ever, make your stomach turn?
Are you frustrated by the additional costs associated with mining bitcoins like high electricity bills, maintenance costs, astonomical datacenter fees, and/or the dreaded 20% VAT Tax paid by our European friends?

If you said "yes" to any of these questions, we know exactly how you feel. There is nothing more annoying than putting your best foot forward and not succeeding because of the nightmarish variables involved with bitcoin mining.

Here at BitGuy, we sell annual bitcoin cloud mining contracts for a reasonable one-time fee.  That way your mining costs are fixed.

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June 03, 2014, 08:31:51 AM
 #9

If you'd realy want to rent some GHs why don't you try https://cex.io? You can sell the GHs after all, here you can't do this.

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bitmaster111
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June 03, 2014, 08:54:53 AM
 #10

IMO, it is good service

would you like to explain logical reason why you said it is good service . you should tell us so we will get one more positive feedback about this.
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June 03, 2014, 09:00:19 AM
 #11

it looks real i think.

yuan12
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June 03, 2014, 10:56:05 AM
 #12

Much on the internet is unreliable or plain wrong
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June 03, 2014, 11:10:23 AM
 #13

If you'd realy want to rent some GHs why don't you try https://cex.io? You can sell the GHs after all, here you can't do this.

The good thing about cex is that you can day-trade the hashrate.
The bad thing is the high price and the terribly high maintenance fee ($0.26 per GHs per month).

Dxuz
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June 03, 2014, 11:27:27 AM
 #14

in my opinion that website looks promising but the pack of GHS that available is too risky
berkelip
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June 03, 2014, 02:24:40 PM
 #15

Hi to all,

bitguy.com cloud hashing - good service guys or scam?

Can anyone thinks?
Who use?

maybe good service, you will receive weekly payouts.
but I think the price is so expensive

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June 04, 2014, 12:13:53 AM
 #16

Like pbmining, I am suspicious of anyone that rents out their mining equipment for less than they could make by mining with it. It doesn't make sense.

If you had mining equipment that could mine 15 BTC, would you rent it for 13 BTC? Plus maintain it and pay for the electricity and cooling?

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June 04, 2014, 02:33:26 AM
 #17

never heard before, community voice have power, so listen carefully to above opinions, below also Smiley
Farmer17
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June 04, 2014, 07:26:06 AM
 #18

Like pbmining, I am suspicious of anyone that rents out their mining equipment for less than they could make by mining with it. It doesn't make sense.

If you had mining equipment that could mine 15 BTC, would you rent it for 13 BTC? Plus maintain it and pay for the electricity and cooling?


Exactly.

For all cloudmining sites, you should expect to pay more than the hashrate can bring you for 2 reasons.
First, the hashrate seller need to get profits from the sale.
Also, the hashrate seller need to get paid for all maintenance works.

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June 04, 2014, 02:50:36 PM
 #19

I'd love to find a viable alternative to cex.io that dosen't fee me to death. Lets hope this is legit.
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