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Author Topic: CLOUD MINING *Advice, Recommendations, & Inputs Welcome  (Read 2121 times)
leevalle (OP)
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August 18, 2014, 08:34:29 PM
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Would like to find out more information about Cloud Mining. If anyone with experience with Cloud Mining, your input would be greatly appreciated.
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jonnybravo0311
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August 18, 2014, 08:59:37 PM
 #2

Would like to find out more information about Cloud Mining. If anyone with experience with Cloud Mining, your input would be greatly appreciated.

Did you not even bother to search?  There are a good number of these threads already available discussing exactly this.  Let me sum it up for you:

Cloud mining companies exist to make cloud mining companies profit.  Not you.  Why would they sell you a dollar for seventy-five cents?

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
leevalle (OP)
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August 18, 2014, 11:05:42 PM
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why would I even bother to look through all these threads. Its so much easier and more fun  getting an answer straight up from snappy people
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August 19, 2014, 12:02:00 AM
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Glad I could help and I hope my answer was snappy enough to satisfy Wink

Jonny's Pool - Mine with us and help us grow!  Support a pool that supports Bitcoin, not a hardware manufacturer's pockets!  No SPV cheats.  No empty blocks.
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August 19, 2014, 12:29:25 AM
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why would I even bother to look through all these threads. Its so much easier and more fun  getting an answer straight up from snappy people

Lazy people get lazy results.

I started a thread specificically to warn people about the threats posed by cloud mining.  Please read this before considering a purchase from on of the companies:
https://bitcointalk.org/index.php?topic=739510.0
wasserman99
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August 19, 2014, 04:54:36 AM
 #6

Would like to find out more information about Cloud Mining. If anyone with experience with Cloud Mining, your input would be greatly appreciated.

Did you not even bother to search?  There are a good number of these threads already available discussing exactly this.  Let me sum it up for you:

Cloud mining companies exist to make cloud mining companies profit.  Not you.  Why would they sell you a dollar for seventy-five cents?
I think this is a perfect example of why cloud mining companies have been able to sell so much mining capacity. We have people who have money but do not want to put any work into their investment except their money, no research, no "sweat labor" no time of their own.

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September 29, 2014, 07:57:41 PM
 #7

take a look at Dr.G's post.  i have used GAW, and it's been a bit rocky.  I purchased Sha option, and my ROI seems out of reach at the moment. 

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bitgeek
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September 30, 2014, 11:52:12 AM
 #8

take a look at Dr.G's post.  i have used GAW, and it's been a bit rocky.  I purchased Sha option, and my ROI seems out of reach at the moment. 
If you're willing to go with GAW choose scrypt contracts.


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