Advice for new users regarding CLOUD MINING

[BitcoinExchangeIndia.com]

-snip-
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[FlyForFun]

This seems like a good thread to post my genesis vs gaw comparisons. I signed up with both of them 4-5 days ago around the same time. I bought a 2 MH with Genesis and a 1 MH with GAW to compare them before I spent some real money. Genesis is giving me around 8 cents a day and ive got a total of 40 cents from them in this time. I expected this.

GAW has been far worse. FAR WORSE. in the 4-5 days I have been with them I have 2 cents total. Not only that but the fees from GAW are eating away ALL of my profits. check these GAW payouts

BTC Payout
    0.00020793 BTC
Maintenance Fee
    -0.00020792 BTC

That is a huge problem. fees are taking the profits. I did not signup for that and I dont expect GAW to get any better. While genesis payments have decreased a tad they are still way better. I have not tried any other cloud mining companies yet. I was going to try a few more but after my experience with GAW i just dont know.

It is smart to start very small to see how much you can get. Cheap Ghs, safe company and low maintenance fees is the winning combination but if the company is well established you will get higher prices

That is why you gotta try www.cloudmining.website (0.001 BTC/Ghs), www.cloudminer.io (0.0014 BTC/Ghs), www.hashie.io (4.59 USD/Ghs) etc. where u can actually have some profit.

Out of the cloud mining, I trust pbmining better cause it is established longer.

[userjwdo]

Hi,

I think cloud mining can be a good option as you don't have to buy the expensive hardware and without electricity cost.

At http://us.btcminer4you.com/free-bitcoin-mining.html you can try cloud mining for free. I have checked this out and nice daily payments so I think this can be an option for people without the necessary hardware.

[DARKANGEL6415]

i agree with that cloud mining services are great for lots of people especially for people who dont want to set up miners or people who pay expensive electricity. I pay cheap power and still like cloud service mining then there is people like my uncle in California who pays 0.17 - $0.20 PKWH so he would never run farm at home.

[Hazir]

Hi,

I think cloud mining can be a good option as you don't have to buy the expensive hardware and without electricity cost.

At http://us.btcminer4you.com/free-bitcoin-mining.html you can try cloud mining for free. I have checked this out and nice daily payments so I think this can be an option for people without the necessary hardware.

There is nothing for free in this world. It is probably attempt to gain customers to suck them dry later... It is not real offer imo.

[DARKANGEL6415]

Hi,

I think cloud mining can be a good option as you don't have to buy the expensive hardware and without electricity cost.

At http://us.btcminer4you.com/free-bitcoin-mining.html you can try cloud mining for free. I have checked this out and nice daily payments so I think this can be an option for people without the necessary hardware.

There is nothing for free in this world. It is probably attempt to gain customers to suck them dry later... It is not real offer imo.

i agree with you there is nothing free in this world even basic thins think oxygen are tanked up and sold granted those people need it. Then there is water will be bottled up and sold at high prices so i see what you are saying. The only problem is have to find right balance between low fees and good price with good service and reputation.

[TheGeorge]

Hi,

I think cloud mining can be a good option as you don't have to buy the expensive hardware and without electricity cost.

At http://us.btcminer4you.com/free-bitcoin-mining.html you can try cloud mining for free. I have checked this out and nice daily payments so I think this can be an option for people without the necessary hardware.

There is nothing for free in this world. It is probably attempt to gain customers to suck them dry later... It is not real offer imo.

i agree with you there is nothing free in this world even basic thins think oxygen are tanked up and sold granted those people need it. Then there is water will be bottled up and sold at high prices so i see what you are saying. The only problem is have to find right balance between low fees and good price with good service and reputation.

The red section of the above text reminds me of the following pic...



...and the green section leads me to Cloud Mining Website.

[kotwica666]

21% Discount on Cloudminr.io - 1GHs = 0.00110000 BTC until November 19th

https://bitcointalk.org/index.php?topic=854951.20;topicseen

[odolvlobo]

Hi,

I think cloud mining can be a good option as you don't have to buy the expensive hardware and without electricity cost.

At http://us.btcminer4you.com/free-bitcoin-mining.html you can try cloud mining for free. I have checked this out and nice daily payments so I think this can be an option for people without the necessary hardware.

Beware of a newbie whose only post recommends an obscure cloud mining site. There is a very good chance that it is a Ponzi scheme.

[BitCoinDream]

Hi,

I think cloud mining can be a good option as you don't have to buy the expensive hardware and without electricity cost.

At http://us.btcminer4you.com/free-bitcoin-mining.html you can try cloud mining for free. I have checked this out and nice daily payments so I think this can be an option for people without the necessary hardware.

Beware of a newbie whose only post recommends an obscure cloud mining site. There is a very good chance that it is a Ponzi scheme.

Forget Ponzi. I wont even click that bizarre link as it might be a malware.

[DARKANGEL6415]

Hi,

I think cloud mining can be a good option as you don't have to buy the expensive hardware and without electricity cost.

At http://us.btcminer4you.com/free-bitcoin-mining.html you can try cloud mining for free. I have checked this out and nice daily payments so I think this can be an option for people without the necessary hardware.

There is nothing for free in this world. It is probably attempt to gain customers to suck them dry later... It is not real offer imo.

i agree with you there is nothing free in this world even basic thins think oxygen are tanked up and sold granted those people need it. Then there is water will be bottled up and sold at high prices so i see what you are saying. The only problem is have to find right balance between low fees and good price with good service and reputation.

The red section of the above text reminds me of the following pic...



...and the green section leads me to Cloud Mining Website.

LOL you sir/madam might be a new person on here but that picture and coment sure as hell made me laugh for a good 5 minutes. I tell you it never stops amazing me pictures to find on the internet to express our word or beliefs lol

[paraiso]

good read, thanks for posting. I'm a newbie and still into considering one or another... this is now fun addictive. Hope will be this way for a while!

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[Hazir]

Hi,

I think cloud mining can be a good option as you don't have to buy the expensive hardware and without electricity cost.

At http://us.btcminer4you.com/free-bitcoin-mining.html you can try cloud mining for free. I have checked this out and nice daily payments so I think this can be an option for people without the necessary hardware.

Beware of a newbie whose only post recommends an obscure cloud mining site. There is a very good chance that it is a Ponzi scheme.

Forget Ponzi. I wont even click that bizarre link as it might be a malware.

Guys you won't get sick irl after clicking on that link even if its ponzi. It is certainly scam attempt or some sort of bad advertising but I would be expecting malware or some malicious programs there.

[yvv]

After all, why would a company go through the trouble of setting up something that would generate passive profit and offer to give you some of that profit.  No company performs a service like that in the real world - only charities do.

This is not true. Millions of companies issue stocks and give some of their profit to stock holders.

[yvv]

What I don't like to see is new users arriving on these forums looking to get involved with cryptocurrency only to have a bad experience and then end up thinking the cryptocurrency world is full of scammers and cheaters.

This is true. Cryptocurrency world is full of scammers and cheaters.

[kotwica666]

What I don't like to see is new users arriving on these forums looking to get involved with cryptocurrency only to have a bad experience and then end up thinking the cryptocurrency world is full of scammers and cheaters.

This is true. Cryptocurrency world is full of scammers and cheaters.

For that is Bitcointalk forum - to ask and to get answer from people who have experience with scammers.. On Bitcointalk is true rank - so everyone who scam another user will get minus trust rank - this is first signal for newbies to just step back..

[odolvlobo]

After all, why would a company go through the trouble of setting up something that would generate passive profit and offer to give you some of that profit.  No company performs a service like that in the real world - only charities do.

This is not true. Millions of companies issue stocks and give some of their profit to stock holders.

But cloud mining customers are not stock holders, they are customers. There is a big difference. Stock holders get dividends because they are the company and all the profits belong to them.

[yvv]

But cloud mining customers are not stock holders, they are customers. There is a big difference. Stock holders get dividends because they are the company and all the profits belong to them.

They all claim that you buy a share in mining farm, so they want their customers to believe that they are stock holders. This may be true, may be not, just like in other businesses.

[DARKANGEL6415]

so what is the deal with this site / service   https://scrypt.cc  . Is it for real or is it scam i see people say good thing i see the bad as with any product i suppose but dont really see much chat activity about it. I dont think 31 pages of chat in original forum for something started 10 months ago is a good thing lol. I am excited to consider like a Cex.io but for scrypt that would be awsome to be confirmed legit.

[l3sny]

with diff now dropping buying GH/s is a very good move. Just do not buy contracts, they are in 99% cases scam!!