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Author Topic: Cloud Mining - Please help a newbie  (Read 81725 times)
dothebeats
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March 06, 2015, 03:13:04 PM
 #181

basically in cloudmining you are "giving away" your hard earned money to someone else, most of them shady services, to pay you back little by little. and not even gain any profit!

"Free BTC" as to what others would say. Best thing to do is to hodl and wait, Smiley

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March 06, 2015, 03:14:54 PM
 #182

Just don't do it. I did invest in cloudmining and lost 1,5 btc.

In which cloud mining u lost the money ?
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March 07, 2015, 12:21:50 AM
 #183

In which cloud mining u lost the money ?

many "cloud mining" services collapsed last year
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March 08, 2015, 12:12:17 AM
 #184

I always wanted to mine but never had enough resource. Over month, I have gathered around 0.11BTC from faucets and twitter giveaways, with which I want to buy hash power. The cheapest one I see around is offered by www.cloudmining.website, which is 0.001 BTC/GHs. But, before I invest, I'd like to know what people want to say about their experience about this service. As it seems, at current difficulty, I should reach ROI at 4 month. Please advise...

I currently have invested in cloudminr myself, on target for ROI for about 12-14 weeks (varies), but i always advise new people to think of it as a gamble, only invest what you can afford to lose.

Golden Advice. Same applies for www.CloudMining.website. They are giving ROI within 114 days...



Source: http://www.cmmonitor.com/24-cloudmining-website.html

You are saying that give that in 114 days, but that is past performance. As the difficulty increases gradually, this period will change drastically. It could now be 300  days or never even.

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BitcoinExchangeIndia.com
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March 17, 2015, 04:58:31 PM
 #185

You are saying that give that in 114 days, but that is past performance. As the difficulty increases gradually, this period will change drastically. It could now be 300  days or never even.

I think you are partially correct. Difficulty rise will change the ROI days. But Difficulty has not gone up that much in last few months that it would never ROI.

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March 17, 2015, 05:24:59 PM
 #186

cloud mining legit - cex.io
what do you think about that?

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Muhammed Zakir
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March 17, 2015, 05:57:40 PM
 #187

cloud mining legit - cex.io
what do you think about that?

They are legit but they have high maintenance fee. It is good for traders only and also they stoped cloud mining for sometime. Don't know whether it has reopened or when it will.

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March 17, 2015, 07:21:51 PM
 #188

cloud mining legit - cex.io
what do you think about that?

They are legit but they have high maintenance fee. It is good for traders only and also they stoped cloud mining for sometime. Don't know whether it has reopened or when it will.
the cloudmining service on cex.io is not yet resumed. it still says it is not profitable.

i have tried their cloudmining in the past, they are legit but it is not that much profitable. but being able to trade the ghs whenever you want is a nice feature which i gained a bit more profit from.

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March 18, 2015, 09:46:09 AM
 #189

how much satoshies you have to accumulate to invest in this cloudmining everybody is talking about here Huh

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March 18, 2015, 09:55:07 AM
 #190

Genesis Mining:
More info + time lapse movie here: http://www.anchorfaucet.tk/?p=cloudmining (no ref link)

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cryptojumper
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March 18, 2015, 10:28:24 AM
 #191

Genesis Mining:
More info + time lapse movie here: http://www.[Suspicious link removed]/?p=cloudmining (no ref link)

I see they accept credit cards, is it more worthy to buy mining and earn bitcoins that way or buy bitcoins directly? And it would be better if they were available to pay anonymously with paypal, skrill or smth like that..

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March 18, 2015, 11:55:17 AM
 #192

Genesis Mining:
More info + time lapse movie here: http://www.[Suspicious link removed]/?p=cloudmining (no ref link)

I see they accept credit cards, is it more worthy to buy mining and earn bitcoins that way or buy bitcoins directly? And it would be better if they were available to pay anonymously with paypal, skrill or smth like that..

Everything is dependent from prices and mining diff.. IMO now price of mining power is quite cheap (because of low btc price). If you believe that Bitcoin will be more and more popular and his price will grow up.. Both ways are good, but IMO in exactly this moment buying mining power is better way. Ofcourse only in trustworthy cloud mining services. If you are good trader and you can stay all day with charts better will be buying BTC and trading, but that always is risky..

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March 24, 2015, 06:00:58 PM
 #193

Genesis Mining:
More info + time lapse movie here: http://www.[Suspicious link removed]/?p=cloudmining (no ref link)

I see they accept credit cards, is it more worthy to buy mining and earn bitcoins that way or buy bitcoins directly? And it would be better if they were available to pay anonymously with paypal, skrill or smth like that..

For God's sake, stay away from a .tk website.

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March 30, 2015, 03:50:21 PM
 #194

I have already made ROI with CloudMining.website. OP updated accordingly. I believe, CMW is now one of the most transparent and consistent Cloud Mining service in the industry. They are openly publishing their payout history - www.cloudmining.website/payments.php.
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March 30, 2015, 04:06:28 PM
 #195

Genesis Mining:
More info + time lapse movie here: http://www.anchorfaucet.tk/?p=cloudmining (no ref link)

I see they accept credit cards, is it more worthy to buy mining and earn bitcoins that way or buy bitcoins directly? And it would be better if they were available to pay anonymously with paypal, skrill or smth like that..

For God's sake, stay away from a .tk website.

Did you check what is there? Smiley

there is my bitcoin faucet and in subdomain ("cloudmining") is movie about Genesis Mining and my refs..

Nothing dangerous Smiley


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March 30, 2015, 04:58:30 PM
 #196

I am newbie about Mining. Should I invest into mining ?

Please give me your advice !

Thanks a lot !
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March 30, 2015, 06:19:05 PM
 #197

I am newbie about Mining. Should I invest into mining ?

Please give me your advice !

Thanks a lot !

Rather than asking others, it is better to test a service yourself with small amount, like I did. Back in November, I invested 0.11 BTC in www.cloudmining.website, which is now giving me fruitful return. But, u'll find in this thread, different people have expressed different opinion about my investment. Now, as I have already made ROI with the service, I am going to buy a few TeraHash from them. So, you might do accordingly as per your strength of investment...
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March 30, 2015, 06:23:00 PM
 #198

I am newbie about Mining. Should I invest into mining ?

Please give me your advice !

Thanks a lot !

Rather than asking others, it is better to test a service yourself with small amount, like I did. Back in November, I invested 0.11 BTC in www.cloudmining.website, which is now giving me fruitful return. But, u'll find in this thread, different people have expressed different opinion about my investment. Now, as I have already made ROI with the service, I am going to buy a few TeraHash from them. So, you might do accordingly as per your strength of investment...

It is not true! I'm with cloudmining.website from first days and till now didn't get even half of my investition back! From december they are paying dust like PBmining!!!

Edit: Sorry, maybe around half.. Check this:

Total Hash Power  130 Ghs
Latest Payout  0.00009001 BTC

Contracts:
2145   10   0.01   2014-11-02 14:47:13
2149   10   0.01   2014-11-02 17:57:33
2292   10   0.01   2014-11-10 17:08:25
2293   10   0.01   2014-11-10 15:44:04
2618   80   0.08   2014-11-20 08:02:06
2654   10   0.01   2014-11-21 10:55:34

Pending Payment  0.00537663 BTC

Paid - 0.06690489

Spent 0.13 - 0.06690489 = 0.06309511 - left to reach ROI. (0.06309511-0.00537663(pending)=0.05771848)

0.05771848/0.00009001 ~ 641 days to get ROI.



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March 31, 2015, 09:58:13 AM
 #199

I am newbie about Mining. Should I invest into mining ?

Please give me your advice !

Thanks a lot !

Rather than asking others, it is better to test a service yourself with small amount, like I did. Back in November, I invested 0.11 BTC in www.cloudmining.website, which is now giving me fruitful return. But, u'll find in this thread, different people have expressed different opinion about my investment. Now, as I have already made ROI with the service, I am going to buy a few TeraHash from them. So, you might do accordingly as per your strength of investment...

It is not true! I'm with cloudmining.website from first days and till now didn't get even half of my investition back! From december they are paying dust like PBmining!!!

Edit: Sorry, maybe around half.. Check this:

Total Hash Power  130 Ghs
Latest Payout  0.00009001 BTC

Contracts:
2145   10   0.01   2014-11-02 14:47:13
2149   10   0.01   2014-11-02 17:57:33
2292   10   0.01   2014-11-10 17:08:25
2293   10   0.01   2014-11-10 15:44:04
2618   80   0.08   2014-11-20 08:02:06
2654   10   0.01   2014-11-21 10:55:34

Pending Payment  0.00537663 BTC

Paid - 0.06690489

Spent 0.13 - 0.06690489 = 0.06309511 - left to reach ROI. (0.06309511-0.00537663(pending)=0.05771848)

0.05771848/0.00009001 ~ 641 days to get ROI.



But, how can I deny the fact that I have actually made ROI with this ? Moreover, I am not the only one. A third party review site is reporting the same as well...

http://www.cmmonitor.com/24-cloudmining-website.html
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March 31, 2015, 10:14:53 AM
 #200


But, how can I deny the fact that I have actually made ROI with this ? Moreover, I am not the only one. A third party review site is reporting the same as well...

http://www.cmmonitor.com/24-cloudmining-website.html

I understand that you didn't check that this website is full of ref links - this mean that this is not informational website. They just want % from your investment and don't care what will happen with you.. Think about it ..

If ever someone comes to mind buying power on this page .. before put money in this black hole read at least this thread:
https://bitcointalk.org/index.php?topic=843417.700


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