Advice for new users regarding CLOUD MINING

[Mabsark]

thats why i tend to look for cloud mining that offers lifetime contracts or at the least 5 years plus. I dont do that 6 month 1 year or 2 years cause i dont see profit period.

5 year contracts are a tell-tale sign of a ponzi

[odolvlobo]

thats why i tend to look for cloud mining that offers lifetime contracts or at the least 5 years plus. I dont do that 6 month 1 year or 2 years cause i dont see profit period.

That could be a mistake. 99% of the income will be received in the first year (the actual time depends on the rise in difficulty). And if you are paying a maintenance fee, it could exceed your income in just a few months. If you are paying extra for those additional 4 years, you are throwing away money.

[BitcoinExchangeIndia.com]

Hashie is a new cloud mining service by ASICMiner and Rockminer, and you can claim 10 GH free (Limited time only) when you signup  

ASICMiner has a good reputation in the Bitcoin world, and the price per GHs on Hashie is the cheapest!

Stop lying

1. Hashie is not at all a service by ASICMiner and Rockminer. They started out saying they have hash power. Now they are AM hash reseller.

2. Hashie is not the cheapest in any way. The cheapest is cloudmining.website offering 0.001BTC/Ghs.

[Mabsark]

Hashie is a new cloud mining service by ASICMiner and Rockminer, and you can claim 10 GH free (Limited time only) when you signup  

ASICMiner has a good reputation in the Bitcoin world, and the price per GHs on Hashie is the cheapest!

Stop lying

1. Hashie is not at all a service by ASICMiner and Rockminer. They started out saying they have hash power. Now they are AM hash reseller.

2. Hashie is not the cheapest in any way. The cheapest is cloudmining.website offering 0.001BTC/Ghs.

He was saying that Hashie is cheaper than Havelock for buying AMHash and he's already been told by Hashie to stop spamming his referral link. As for cloudmining.website you're promoting, that's almost certainly a ponzi.

[ScryptAsic]

thats why i tend to look for cloud mining that offers lifetime contracts or at the least 5 years plus. I dont do that 6 month 1 year or 2 years cause i dont see profit period.

That could be a mistake. 99% of the income will be received in the first year (the actual time depends on the rise in difficulty). And if you are paying a maintenance fee, it could exceed your income in just a few months. If you are paying extra for those additional 4 years, you are throwing away money.

Right. But some cloud mining providers will force you to prepay the maintenance fees for the entire contract up front. This allows you to receive all of the mining revenue earned by your contract.

However the longer term contracts can potentially result in a larger profit in the event that difficulty rises very slowly or actually declines.

[Medow]

Hashie is a new cloud mining service by ASICMiner and Rockminer, and you can claim 10 GH free (Limited time only) when you signup  

ASICMiner has a good reputation in the Bitcoin world, and the price per GHs on Hashie is the cheapest!

This was became very annoying , you spread your affiliate link where ever we go on this forum.

You post at least 12 posts telling us the exact same sh*t.

This is not cool buddy.

[picolo]

Hashie is a new cloud mining service by ASICMiner and Rockminer, and you can claim 10 GH free (Limited time only) when you signup  

ASICMiner has a good reputation in the Bitcoin world, and the price per GHs on Hashie is the cheapest!

Stop lying

1. Hashie is not at all a service by ASICMiner and Rockminer. They started out saying they have hash power. Now they are AM hash reseller.

2. Hashie is not the cheapest in any way. The cheapest is cloudmining.website offering 0.001BTC/Ghs.

A lot of companies are trying to get new customers and new contracts, it is a growing market but having a cloud mining operation is very hard and you have small margin.

5years contract should not cost much to the cloudmining company compared to a 2years contract since there will probably be no revenue after maintenance fee after 2years

[wunkbone]

Hashie is a new cloud mining service by ASICMiner and Rockminer, and you can claim 10 GH free (Limited time only) when you signup  

ASICMiner has a good reputation in the Bitcoin world, and the price per GHs on Hashie is the cheapest!

Stop lying

1. Hashie is not at all a service by ASICMiner and Rockminer. They started out saying they have hash power. Now they are AM hash reseller.

2. Hashie is not the cheapest in any way. The cheapest is cloudmining.website offering 0.001BTC/Ghs.

A lot of companies are trying to get new customers and new contracts, it is a growing market but having a cloud mining operation is very hard and you have small margin.

5years contract should not cost much to the cloudmining company compared to a 2years contract since there will probably be no revenue after maintenance fee after 2years

Well companies like pbmining include the maintenance fee in the price of the contract, so they are effectively "short" on the price of electricity. If electric costs were to go up a lot then the cloud mining provider could end up loosing a lot of money, even if the miners are only making a little bit of mining revenue.

[Furio]

Purely out of ROI perspective, LTCgear is the way to go

[Puppet]

Well companies like pbmining include the maintenance fee in the price of the contract, so they are effectively "short" on the price of electricity. If electric costs were to go up a lot then the cloud mining provider could end up loosing a lot of money, even if the miners are only making a little bit of mining revenue.

First of all, pbmining is not a company. If you think it is, show me the registration. Its just a name an anonymous scammer came up with.
Secondly, the only electricity bill he has to pay for, is for his laptop and possibly the 85" plasma and Tesla car he bought with his victims coins.
Thirdly, if you think he could end up loosing money, I have a bridge profitable cloudmining contract to sell to you.
 

[avw1982]

Anyone some experience with Cointellect? I read a lot that it is fake, but I bought a starters contract and receive my daily €€.

[Klubknuckle]

Anyone some experience with Cointellect? I read a lot that it is fake, but I bought a starters contract and receive my daily €€.

Its a pyramid game, whoever start first win. Hopefully you would ROI before they run away....

[arvindr]

Anyone some experience with Cointellect? I read a lot that it is fake, but I bought a starters contract and receive my daily €€.

Most of the time, its all about how long will you be paid till they run away.
If you were like in the first few people to buy a contract, then maybe you have a chance.

[picolo]

Anyone some experience with Cointellect? I read a lot that it is fake, but I bought a starters contract and receive my daily €€.

Most of the time, its all about how long will you be paid till they run away.
If you were like in the first few people to buy a contract, then maybe you have a chance.

Pyramid schemes seem to work until they collapse; they don't say they are a pyramid scheme but it is usually obvious if you study the scheme carefully.

[DARKANGEL6415]

Anyone some experience with Cointellect? I read a lot that it is fake, but I bought a starters contract and receive my daily €€.

Most of the time, its all about how long will you be paid till they run away.
If you were like in the first few people to buy a contract, then maybe you have a chance.

Pyramid schemes seem to work until they collapse; they don't say they are a pyramid scheme but it is usually obvious if you study the scheme carefully.

this is true that is why we always try to look for some research on our own but also depend to some degree on the people who can give advice. I dont mean people with like less than 100 posts on their profile with 2 week old account lol.

[Koontas]

Who gives a shit if it's a ponzi or not as long as it's paying out?

Making nice coin on ltcgear...been around for over a year now...

[yvv]

Who gives a shit if it's a ponzi or not as long as it's paying out?

Ponzi pays out only for mister Ponzi.

[wunkbone]

Who gives a shit if it's a ponzi or not as long as it's paying out?

Making nice coin on ltcgear...been around for over a year now...

It matters if something is a ponzi because a ponzi will eventually stop paying out well before it would be expected payouts to stop. It also does not matter if a ponzi is paying out today because it is very well possible that the payouts could stop the very next day and a new investor could end up with nothing

[DARKANGEL6415]

Who gives a shit if it's a ponzi or not as long as it's paying out?

Making nice coin on ltcgear...been around for over a year now...

It matters if something is a ponzi because a ponzi will eventually stop paying out well before it would be expected payouts to stop. It also does not matter if a ponzi is paying out today because it is very well possible that the payouts could stop the very next day and a new investor could end up with nothing

i think that person you quoted understands how ponzi works. I think they really ment to say who cares if other people get screwed over on any ponzi trap as long as he gets his money and some extra. I am sure if it was reversed and was at bottom of pyramid then i bet they be moaning louder than a Louisiana alley cat in heat diring summer time

[avw1982]

Anyone some experience with Cointellect? I read a lot that it is fake, but I bought a starters contract and receive my daily €€.

Its a pyramid game, whoever start first win. Hopefully you would ROI before they run away....

Ok, that's not good.

And what about Hashprofit?