[ANN] CLOUDMINR

[P4ndoraBox7]

Whew, my daily payout went from 0.06 to 0.045.... Has the global bitcoin network difficulty rose ?

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[ojcrisanto]

my daily payout went from 0.0021 to 0.0016

[P4ndoraBox7]

Ok average payout has been adjusted.

Went from 0.0598 to 0.045 and now 0.056 btc.

Honestly I would not mind if Cloudminr take 5-10% fee if it could help the company into the longrun.

Edit, 10 minute later ; average daily payout went now from 0.056 to 0.0591.

About 1% difference. seem fixed now.

[MagicMarcDH]

It should be higher now. We have improved the calculation of estimated return to take into account more real-life factors.

There's a 32% discount making it 0.95 BTC / THS, by the way. Use promo code: 32OFF We have noticed how much our customers love promos!

this is my daily payout...

0.00454492 BTC
AVERAGE DAILY INCOME

i would say maximum 60% of this was real last 4 weeks...hopefully with your update this is more worthy to calculate with this info.

[dickyCOY]

It should be higher now. We have improved the calculation of estimated return to take into account more real-life factors.

There's a 32% discount making it 0.95 BTC / THS, by the way. Use promo code: 32OFF We have noticed how much our customers love promos!

can i report when i get coin diffrence from the est wakly payout?.... cz my last payout just 0.0046 and the est weekly payout say 0.005x, there is a fee? or any wrong about that... 

[jackringer]

any voucher code for 10 ghs?  Because i joined in january but didnt receive any payment.

[P4ndoraBox7]

For everyone that want to make some calc, you may do the following.

Buy 1 GH ( or 10, or 100...Up to you )

Then, note the hour you bought the contract, and when it will do exactly 24 hour, write your total.

Do the same process for 5 days, then calculate the average income by dividing your total by 5.

Youll get your average daily income.

The reason why you should do it on a 5 day calc, is to take into consideration the little mining reward fluctuation.

[mulletwang]

can i report when i get coin diffrence from the est wakly payout?.... cz my last payout just 0.0046 and the est weekly payout say 0.005x, there is a fee? or any wrong about that... 

You are wrong about that friend. Notice that the Payout amount says estimated.... That means that the amount should be about..... Give or take some variance. By the vary nature of Bitcoin mining there is always some expected variance.

It is funny that people are quick to complain when there is a string of bad luck but I have never heard anything when we get good luck. I can understand your confusion if you don't completely understand what the variable are in Bitcoin mining but I think it should be easy enough to understand what an estimate is.

-Mulletwang

[Mabsark]

It is funny that people are quick to complain when there is a string of bad luck but I have never heard anything when we get good luck. I can understand your confusion if you don't completely understand what the variable are in Bitcoin mining but I think it should be easy enough to understand what an estimate is.

Mining variance means on average you should get a similar amount of payments that are above the expected value to those that are below that value. Why isn't that the case with this "service"? When have payouts been greater than expected? Also, name a bitcoin miner that will still be mining profitably a year from now, never mind 5 years.

[mulletwang]

It is funny that people are quick to complain when there is a string of bad luck but I have never heard anything when we get good luck. I can understand your confusion if you don't completely understand what the variable are in Bitcoin mining but I think it should be easy enough to understand what an estimate is.

Mining variance means on average you should get a similar amount of payments that are above the expected value to those that are below that value. Why isn't that the case with this "service"? When have payouts been greater than expected? Also, name a bitcoin miner that will still be mining profitably a year from now, never mind 5 years.

Don't like the service than don't use it. Take into account comparable services, nothing compares, when it comes to cloudmining.

If you calculate payout on another independent website for your hash rate you will see that the expected payouts are almost the exact same as what cloudminr has posted on the dashboard. Maybe it is just the fact that I have been a home miner for years but I personally never expected that full amount because I could anticipate the cost of electricity and other unexpected expenses.

I'm not sure why you you care how long the contract is and how profitable it will be years from now if your just going to be a naysayer. The truth is no one knows what will happen with the mining environment two weeks from now, never mind 5 years down the road. But just an example .... If a few years from now the difficulty is 10 X what it is now that dosent means that the contracts are worthless... What if the contract has already made broke even and everything there on out is profit. Even if it might just be a few satoshies. If the difficulty is up 1000%,(10 times greater) than when you invested and the BTC price rises by 15 times, it  will mean you don't break even in Bitcoin but you will be "more" profitable in fiat than the day you made your investment. It is all a mater of perspective and investment strategy.

Personally I think cloudminr is great. Mind you had the difficulty been moving the way it was last year as apposed to stabilizing as it has been I might not be so happy with my investment. The fact is I made almost 60% ROI since investing on November 30th. That means I broke even and got 60% of my initial investment back as profit. That is in 4 months, I broke even after 76 days. I have 4 years 8 months left of mining on my contract, think i care if my rate of return starts diminishing? Find me another investing opportunity like that anywhere, never mind in the Bitcoin ecosystem and I will eat my hat.

Truth is hatters going to hate, trolls will troll but cloudminr is tried tested and true IMHO. Would I put all my eggs in one basket or bet the farm on it? Absolutely not, and I don't recommend anyone do that.

If anyone is considering investing some after reading my post I would appreciate if you used my referral in my sig below.

If you want proof of my claims about what I have profited then look back in discussion on this post. I posted screen shots mid February . (EDIT) February not March, and here are the links.... http://m.imgur.com/E2K9TOQ
http://m.imgur.com/Xz3tYXz?

-Mulletwang

[mulletwang]

Also, name a bitcoin miner that will still be mining profitably a year from now, never mind 5 years.

A Bitcoin miner that does not cost you electricity such as a cloud mining service. Does it mean that the initial hardware will still be plugged in and hashing, I wouldn't expect so. But that is why I have personally changed my mining strategy from at home mining to cloudmining.

FULL DISCLOSURE: I have been burned by other cloudmining "services"


-Mulletwang

[P4ndoraBox7]

Great post Mulletwang. I started to invest into cloudminr as well by the end of december, and got about 72% ROI now.

Home-mining can break even, it depend mostly of your cost of electricity, and it's easy to break even in less than a year with a S4 at 375-400 USD. And there is the Bitcoin price to take into consideration + which type of coins you mined.

Anyway, for the guy that like number, I know a guy named Kapp that is mostly on forum.gethashing.com that made a spreadsheet of the cloud mining companies out there. You may follow his list here ; https://sites.google.com/site/freebitcoinsforall/

As for me, I prefer reward with a bit of risk and privacy instead of high-fee legitimacy with almost no profit at all.

@Mabsark , an average is composed of higher and lower number, not just equal or above.

I now have personnaly invested 5,625 GH and guess what, I like it.

[ziomar]

Hello people,

I'm new here I would like to know if you think this site is legit or not

because the site is listed on badbitcoin.org and normally it is a bad sign!

I quote badbitcoin.org:
"Cloudminr.io Pending a response to our enquiries, we would advise you to hold off investing in this unproven mining operator. 19/11/14"

I noticed the admin often reply here so maybe he or she may ensure us about this issue.

THX

[cloh76]

Hello people,

I'm new here I would like to know if you think this site is legit or not

because the site is listed on badbitcoin.org and normally it is a bad sign!

I quote badbitcoin.org:
"Cloudminr.io Pending a response to our enquiries, we would advise you to hold off investing in this unproven mining operator. 19/11/14"

I noticed the admin often reply here so maybe he or she may ensure us about this issue.

THX

This has been asked many times before in this thread.  The answer is always "who knows?  No one can be certain."   The only thing many of us can attest to is that several of us have already ROI'd on our investment(s).  Cloudminr.io may be listed on badbitcoin.org, but so far they have not failed to consistently pay out on time in addition to the fact that many people have already ROI'd.  

Unfortunately with cloudmining, it's never a sure thing and always a risky investment, which is why the advice is always "never invest what you aren't willing to lose."  If you want a testimonial, I myself purchased hashing power in October of 2014 and have ROI'd. I have now been auto-reinvesting part of everything I earn on a weekly basis, so for me, cloudminr.io is an Excellent service.  They have always been on time with the weekly payouts and have always been very quick to reply and address any issues and concerns that have come up.  As for being legit - they haven't given us any reason to think otherwise, but no one will know for sure.

[ziomar]

Hello people,

I'm new here I would like to know if you think this site is legit or not

because the site is listed on badbitcoin.org and normally it is a bad sign!

I quote badbitcoin.org:
"Cloudminr.io Pending a response to our enquiries, we would advise you to hold off investing in this unproven mining operator. 19/11/14"

I noticed the admin often reply here so maybe he or she may ensure us about this issue.

THX

This has been asked many times before in this thread.  The answer is always "who knows?  No one can be certain."   The only thing many of us can attest to is that several of us have already ROI'd on our investment(s).  Cloudminr.io may be listed on badbitcoin.org, but so far they have not failed to consistently pay out on time in addition to the fact that many people have already ROI'd.  

Unfortunately with cloudmining, it's never a sure thing and always a risky investment, which is why the advice is always "never invest what you aren't willing to lose."  If you want a testimonial, I myself purchased hashing power in October of 2014 and have ROI'd. I have now been auto-reinvesting part of everything I earn on a weekly basis, so for me, cloudminr.io is an Excellent service.  They have always been on time with the weekly payouts and have always been very quick to reply and address any issues and concerns that have come up.  As for being legit - they haven't given us any reason to think otherwise, but no will know for sure.

Thank you so much for share with me your experience!

I really hope the admin will reply as well

[pomelo]

Unreasonable competitor trolls are the reason we don't take this forum seriously.

There's nothing unreasonable about asking you to provide some form of legitimacy. Asking you for that is simply common sense as is refusing to do business with you because you flat out refuse to provide such evidence.

Here's a photo I took yesterday for you:



We will upload some more in the new "Mining Farm" section of our site somewhat later. Though I doubt it's going to change anything for the trolls.

Our customers (18k today) are mostly happy with our services and that's what we're focusing on.

Sorry that we're not visiting this forum that much. More posts equals more attempts by competitors to damage our publicity with red letters stating that we don't pay and similar. We've even got negative trust and our thread moved in gambling section, while we've shared proofs before...

Could we get some more photos finally? It's been like 4 months already.

[mulletwang]

Could we get some more photos finally? It's been like 4 months already.

Also any updates on the 16nm node? Any information you could release, such as working relationships, would go a long way in establishing trust in the community.

More pictures is a fair request at this point as well .

-Mulletwang

[ziomar]

Could we get some more photos finally? It's been like 4 months already.

Also any updates on the 16nm node? Any information you could release, such as working relationships, would go a long way in establishing trust in the community.

More pictures is a fair request at this point as well .

-Mulletwang

I guess that trust linked with this service is still an issue

[galdur]

Another payout, another profitable week. Good luck, g

[Racey]

Another payout, another profitable week. Good luck, g

You had your payout already, still waiting on mine.
Not had one in four weeks, I reinvested.