[ANN] CLOUDMINR

[cyberpinoy]

If you know and understand the unpredictability and volatility of the network wtf are you doing asking people to do calculations for you....

I use the same type of guesstimate that was used above and I add a factor of 1.5 to 2 to compensate for expected rises in difficulty. This is good practice.... Overestimate expenses and underestimate revenue and you should only be under your calculated BE point.

Do your own god damn due diligence.... You seem like you have a fair grasp on the environment. Don't expect something from others you aren't willing to do yourself. God damn this stuff boils my blood. RANT OVER.

-Mulletwang

I know right? He asked for an estimate then flipped out when he got one, I was wondering exactly what he was looking for. From what I saw the guy that did take the time to put the post together properly did a very good job, based his calculations on current conditions, and didnt embellish anything in his quote. but then the guys asking just flipped on him.

I think the biggest problem, and why so many people have been scammed by sites in the past is purely most people have no idea what is going on, how they are making income, nor what is involved to create and circulate the income. they see a site, they see some people making money and even then dont do any due diligence as to how much needed to invest in order to get the returns others are experiencing.

Crypto is a wild west world we live in right now, and only the strong will survive.

[mulletwang]

If you know and understand the unpredictability and volatility of the network wtf are you doing asking people to do calculations for you....

I use the same type of guesstimate that was used above and I add a factor of 1.5 to 2 to compensate for expected rises in difficulty. This is good practice.... Overestimate expenses and underestimate revenue and you should only be under your calculated BE point.

Do your own god damn due diligence.... You seem like you have a fair grasp on the environment. Don't expect something from others you aren't willing to do yourself. God damn this stuff boils my blood. RANT OVER.

-Mulletwang

I know right? He asked for an estimate then flipped out when he got one, I was wondering exactly what he was looking for. From what I saw the guy that did take the time to put the post together properly did a very good job, based his calculations on current conditions, and didnt embellish anything in his quote. but then the guys asking just flipped on him.

I think the biggest problem, and why so many people have been scammed by sites in the past is purely most people have no idea what is going on, how they are making income, nor what is involved to create and circulate the income. they see a site, they see some people making money and even then dont do any due diligence as to how much needed to invest in order to get the returns others are experiencing.

Crypto is a wild west world we live in right now, and only the strong will survive.

Totally agree... People hear there is opportunity in Bitcoin then expect to give their money to an investment with the expectation of getting more back with no understanding of the risks, opportunities and liabilities. That type of investing is essentially crazy. If you have no idea what you are investing in then you should not be surprized when things don't turn out as expected. If this type of investor "wins" I would call it dumb luck.

I have made investments for people whom have seen what I have accomplished and wanted in. I no longer do that for anyone because people's expectations are rediculous even when I try to keep them grounded. For example, a friend was upset with the outcome when his investment "only" yielded 300%. He lost half of it to mtgox. When I tried to explain that he was still in the profit he wanted me to partially cover his loss because I had referred him to mtgox. I lost 3X what he did. Another instance someone handed me 10K in cash and I promptly returned It to them when they could not even log into their email to send me information that I needed. People think that  if they give  money they can reasonably expect to get back much more without any understanding of what they are doing. For me this is the opposite of what Bitcoin represents. For me Bitcoin facilitates financial independence but the thing is when you are independent you have duties and obligations one must manage for one's self and those personal responsibilities can not reasonably be delegated without the expectation of risk.

-Mulletwang

[fryarminer]

I came back to this thread to comment or ask about the decrease of payouts and it seems others are talking about it too. It seems that this week's payout will be significantly less than last week, even though the difficulty has lessened with the last change of difficulty. From my other cloud mining I am being paid more this week. It seems rather odd to me that cloudminr is paying significantly less.

[n2004al]

the daily income from the example is an average not the actual one
we need it to have our current brake even

yes next week give us different payout and so the brake even will change

its not the brake even of all investment (because we don't have standard-fixed payments per day)
it the current brake even an indicator in about how many days i will have my brake even

I'm curious for what purpose serve this kind of your break even (which is not at all break even)?

If you know and understand the unpredictability and volatility of the network wtf are you doing asking people to do calculations for you....

I use the same type of guesstimate that was used above and I add a factor of 1.5 to 2 to compensate for expected rises in difficulty. This is good practice.... Overestimate expenses and underestimate revenue and you should only be under your calculated BE point.

Do your own god damn due diligence.... You seem like you have a fair grasp on the environment. Don't expect something from others you aren't willing to do yourself. God damn this stuff boils my blood. RANT OVER.

-Mulletwang

Dear competent. I did not asked any calculation.

[mulletwang]

This thread is deteriorated into pure stupidity. I for one will not be coming back. Hopefully this is NOT a sign of things to come. This forum needs a moderator.

Good luck and thank you Adrian for the great investment opportunity.

-Mulletwang

[StevenLiang]

Totally agree... People hear there is opportunity in Bitcoin then expect to give their money to an investment with the expectation of getting more back with no understanding of the risks, opportunities and liabilities. That type of investing is essentially crazy. If you have no idea what you are investing in then you should not be surprized when things don't turn out as expected. If this type of investor "wins" I would call it dumb luck.

I have made investments for people whom have seen what I have accomplished and wanted in. I no longer do that for anyone because people's expectations are rediculous even when I try to keep them grounded. For example, a friend was upset with the outcome when his investment "only" yielded 300%. He lost half of it to mtgox. When I tried to explain that he was still in the profit he wanted me to partially cover his loss because I had referred him to mtgox. I lost 3X what he did. Another instance someone handed me 10K in cash and I promptly returned It to them when they could not even log into their email to send me information that I needed. People think that  if they give  money they can reasonably expect to get back much more without any understanding of what they are doing. For me this is the opposite of what Bitcoin represents. For me Bitcoin facilitates financial independence but the thing is when you are independent you have duties and obligations one must manage for one's self and those personal responsibilities can not reasonably be delegated without the expectation of risk.

-Mulletwang

Agree, each of us had our own risk. And its not wise enough if something bad happen and you blame that matters to another person. You're the one who make that decision from beginning. Although is hard to find a legit Mining site in nowadays but this site is not Red Flag company for me. keep careful.

[MarbleBoss]

Last week I did not receive any payment. Now, after logging in, I have found that I have mined 0.00097964 BTC with 11Ghs in two week. Is that what 11 Ghs supposed to mine in two week span ? What is CloudMinr's minimum payment threshold ? Will I get my balance paid out today ?

[SpanishSoldier]

Last week I did not receive any payment. Now, after logging in, I have found that I have mined 0.00097964 BTC with 11Ghs in two week. Is that what 11 Ghs supposed to mine in two week span ? What is CloudMinr's minimum payment threshold ? Will I get my balance paid out today ?

I think, min threshold is 0.001 BTC. So, you wont probably receive any payment this week either.

[real789]

Well, if there´s a decrease it doesn´t seem to be hurting my returns noticeably.

The M item consists of reinvestments over the period. This has been just great.

http://i1213.photobucket.com/albums/cc466/galdur/cloudminr0606.png

you can reinvest it everyday with http://cloudminr.io/dashboard/buyhashrate/ rate is very low only 0.0008/1ghs iam reinvest payment everyday to breat 2THS 

[Mario241077]

Well, if there´s a decrease it doesn´t seem to be hurting my returns noticeably.

The M item consists of reinvestments over the period. This has been just great.

Different mining contracts are assigned to different parts of our farms or different farms, therefore earnings differ amongst users. Those who receive regular payouts rarely come to post it opposed to those who receive less than previously.

This week's payout will be sent in a few hours. We are expecting to pay out 246 BTC.

you use separate pool's?

[Nioctib77]

Money in my pocket !!  Thank you guys !!

[galdur]

5c367b2f9a1831ae535fe4227206be4079590551a239afa042e4d3527d93bf07 blockchain.info down at the moment though.

[DanielMitrovsky]

5c367b2f9a1831ae535fe4227206be4079590551a239afa042e4d3527d93bf07 blockchain.info down at the moment though.

MY PAYMENT RECEIVED!

[dusca]

Received my payment too

Less 0.1573 btc...

[bcflow]

4th payment received 0.20664241 BTC, the best amount if compare to last three payout. Thank you cloudminr ! 

[fryarminer]

Well, if there´s a decrease it doesn´t seem to be hurting my returns noticeably.

The M item consists of reinvestments over the period. This has been just great.

Different mining contracts are assigned to different parts of our farms or different farms, therefore earnings differ amongst users. Those who receive regular payouts rarely come to post it opposed to those who receive less than previously.

This week's payout will be sent in a few hours. We are expecting to pay out 246 BTC.

Is there a way we can use your hardware to mine on pools of our choice? I got approximately 10% less payout this week, while the network difficulty is less than it was last week. Technically I should have received more than last week. Something is messed up!

[Mario241077]

Well, if there´s a decrease it doesn´t seem to be hurting my returns noticeably.

The M item consists of reinvestments over the period. This has been just great.

Different mining contracts are assigned to different parts of our farms or different farms, therefore earnings differ amongst users. Those who receive regular payouts rarely come to post it opposed to those who receive less than previously.

This week's payout will be sent in a few hours. We are expecting to pay out 246 BTC.

Is there a way we can use your hardware to mine on pools of our choice? I got approximately 10% less payout this week, while the network difficulty is less than it was last week. Technically I should have received more than last week. Something is messed up!

You can not select the pool! That does Coloudminr! It does not matter! Times the one pool luckier times the other! In the long run, both get the same value!

[fryarminer]

Well, if there´s a decrease it doesn´t seem to be hurting my returns noticeably.

The M item consists of reinvestments over the period. This has been just great.

Different mining contracts are assigned to different parts of our farms or different farms, therefore earnings differ amongst users. Those who receive regular payouts rarely come to post it opposed to those who receive less than previously.

This week's payout will be sent in a few hours. We are expecting to pay out 246 BTC.

Is there a way we can use your hardware to mine on pools of our choice? I got approximately 10% less payout this week, while the network difficulty is less than it was last week. Technically I should have received more than last week. Something is messed up!

You can not select the pool! That does Coloudminr! It does not matter! Times the one pool luckier times the other! In the long run, both get the same value!

Yeah I just ran a mining calculator for the fun of it and I'm getting about 20% less than what coinwarz quotes. I've been getting consistently less each week while the network difficulty is getting easier.  I'll be finding a different cloud mining site to invest my next hash rate with. I hope that I get my investment back. Either cloudminr is falling apart or they are taking a chunck out for mining expenses and not telling us.
I've been mining for many years on my own hardware, and while yes, you do get a little less than what coinwarz quotes, it's definitely not 20% less and it doesn't consistently go down less each week by 10%.

[Mario241077]

Well, if there´s a decrease it doesn´t seem to be hurting my returns noticeably.

The M item consists of reinvestments over the period. This has been just great.

Different mining contracts are assigned to different parts of our farms or different farms, therefore earnings differ amongst users. Those who receive regular payouts rarely come to post it opposed to those who receive less than previously.

This week's payout will be sent in a few hours. We are expecting to pay out 246 BTC.

Is there a way we can use your hardware to mine on pools of our choice? I got approximately 10% less payout this week, while the network difficulty is less than it was last week. Technically I should have received more than last week. Something is messed up!

You can not select the pool! That does Coloudminr! It does not matter! Times the one pool luckier times the other! In the long run, both get the same value!

Yeah I just ran a mining calculator for the fun of it and I'm getting about 20% less than what coinwarz quotes. I've been getting consistently less each week while the network difficulty is getting easier.  I'll be finding a different cloud mining site to invest my next hash rate with. I hope that I get my investment back. Either cloudminr is falling apart or they are taking a chunck out for mining expenses and not telling us.
I've been mining for many years on my own hardware, and while yes, you do get a little less than what coinwarz quotes, it's definitely not 20% less and it doesn't consistently go down less each week by 10%.

yes but if you read on dashboard, cloudminr takes 20% of mined btc for a reinvest in new hardware.. So your are pretty good words and right

if you do the same so you should be get every week nearly the same btc, if the diff is the same.

May be they might reinvest a week more and the other less week
Depending on the BTC price, would still make sense!

[fryarminer]

Well, if there´s a decrease it doesn´t seem to be hurting my returns noticeably.

The M item consists of reinvestments over the period. This has been just great.

Different mining contracts are assigned to different parts of our farms or different farms, therefore earnings differ amongst users. Those who receive regular payouts rarely come to post it opposed to those who receive less than previously.

This week's payout will be sent in a few hours. We are expecting to pay out 246 BTC.

Is there a way we can use your hardware to mine on pools of our choice? I got approximately 10% less payout this week, while the network difficulty is less than it was last week. Technically I should have received more than last week. Something is messed up!

You can not select the pool! That does Coloudminr! It does not matter! Times the one pool luckier times the other! In the long run, both get the same value!

Yeah I just ran a mining calculator for the fun of it and I'm getting about 20% less than what coinwarz quotes. I've been getting consistently less each week while the network difficulty is getting easier.  I'll be finding a different cloud mining site to invest my next hash rate with. I hope that I get my investment back. Either cloudminr is falling apart or they are taking a chunck out for mining expenses and not telling us.
I've been mining for many years on my own hardware, and while yes, you do get a little less than what coinwarz quotes, it's definitely not 20% less and it doesn't consistently go down less each week by 10%.

yes but if you read on dashboard, cloudminr takes 20% of mined btc for a reinvest in new hardware.. So your are pretty good words and right

if you do the same so you should be get every week nearly the same btc, if the diff is the same.

May be they might reinvest a week more and the other less week
Depending on the BTC price, would still make sense!

Are you serious?
Nice to know. I won't be reinvesting with Cloudminr. Ever. I just hope I recouperate my investment.