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1990BEARS
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November 03, 2015, 06:20:54 AM |
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i do not recommend you invest in this type of site. cloud mining mostly result in scam before you get your roi.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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kotwica666
Legendary
 Offline
Activity: 2282
Merit: 1035
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November 04, 2015, 02:57:11 PM |
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Do you think we can trust that site cloud mining website. domain is free and hosting is free? then the location of the owner is hidden? http://www.scamadviser.com/check-website/cloudmining.websiteIf the site is legit why the location is hidden? Then why the website say mining bitcoin since 2014? its a 9 months old i check it from my tools website age checker... Dont you think we can trust you if you dont honest? Forget about this service this payments are just dust payments. I'm with them 12 months, but from 9 months i'm receiving just dust. I will need 4 more years to get ROI from them.. Obvious scam. |
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BitcoinBlackjack
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November 04, 2015, 09:48:04 PM |
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Just gotta hope it's not a ponzi scheme or something!
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KokiFurihata
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Activity: 106
Merit: 10
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November 04, 2015, 11:14:04 PM |
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A better investment would be to purchase your own miner, unless you have a really high lighting bill.
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kotwica666
Legendary
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Activity: 2282
Merit: 1035
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November 04, 2015, 11:52:11 PM |
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A better investment would be to purchase your own miner, unless you have a really high lighting bill.
If you have skills to set up miner - yes, but cloud mining services are mainly for users that don't have this skills. |
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notlist3d
Legendary
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Activity: 1456
Merit: 1000
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November 05, 2015, 12:09:25 AM |
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A better investment would be to purchase your own miner, unless you have a really high lighting bill.
If you have skills to set up miner - yes, but cloud mining services are mainly for users that don't have this skills. A lot of the miners don't take a ton of skills to setup like old GPU rigs did. At this point its really a game of price of electricity and vat/import tax. Some places electricity is just very high. In those places you cannot seriously home mine. |
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Velkro
Legendary
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Activity: 2296
Merit: 1014
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November 05, 2015, 12:12:25 AM |
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A better investment would be to purchase your own miner, unless you have a really high lighting bill.
its also huge risk like renting cloud mining delivery could be so posponed you will never make any profit, instead only loss :/ |
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DuckYeah!
Newbie
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Activity: 56
Merit: 0
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November 05, 2015, 04:55:57 AM |
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A better investment would be to purchase your own miner, unless you have a really high lighting bill.
its also huge risk like renting cloud mining delivery could be so posponed you will never make any profit, instead only loss :/ I am living proof, invested 1 BTC, got 0.02 BTC |
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notlist3d
Legendary
Offline
Activity: 1456
Merit: 1000
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November 05, 2015, 09:02:12 AM |
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A better investment would be to purchase your own miner, unless you have a really high lighting bill.
its also huge risk like renting cloud mining delivery could be so posponed you will never make any profit, instead only loss :/ I am living proof, invested 1 BTC, got 0.02 BTC What site did you invest on? That is a important thing in the equation here. There are a lot it's true you should not trust. |
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Miracal
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November 05, 2015, 09:34:03 AM |
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I suggest you not to invest in cloud mining because many cloud mining services are nothing but HYIPs.
Anyway, even if they are legit, the ROI takes too long to be reached.
That's the point. If you compare the risk it looks similar to this: holding BTC < trading BTC < hardware mining < cloud mining Pick your poison  I think u r partially correct. The equation should be as follows... holding BTC (no risk no gain) < cloud mining (ponzi or not, u can at least calculate the outcome) < hardware mining (difficulty will slip out in time) < trading BTC (some people bought at 300 and sold at 1200... as well as the reverse)  Thanks RussianRaibow.. your reply answered a lot of my questions and cleared a few doubts as well. Patients to reach the ROI level is a must that i can tell from experience. And it is true for any sound and lucrative investment in other business. |
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tmfp
Legendary
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Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
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November 05, 2015, 09:44:09 AM |
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I suggest you not to invest in cloud mining because many cloud mining services are nothing but HYIPs.
Anyway, even if they are legit, the ROI takes too long to be reached.
That's the point. If you compare the risk it looks similar to this: holding BTC < trading BTC < hardware mining < cloud mining Pick your poison I think u r partially correct. The equation should be as follows... holding BTC (no risk no gain) < cloud mining (ponzi or not, u can at least calculate the outcome) < hardware mining (difficulty will slip out in time) < trading BTC (some people bought at 300 and sold at 1200... as well as the reverse) Thanks RussianRaibow.. your reply answered a lot of my questions and cleared a few doubts as well. Patients to reach the ROI level is a must that i can tell from experience. And it is true for any sound and lucrative investment in other business. No, that's a faulty analysis. Holding, trading and self mining have known cost and risk factors. Ponzi 'cloudmining' (e.g. Russian Raibow's ScamMining.website) introduces another unquantifiable factor, the criminal one: one day, you wake up and they're gone, and so's your money. |
Extraordinary Claims require Extraordinary Evidence |
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kyrios_
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November 05, 2015, 11:53:47 AM |
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hashnestttt
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hangar18
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November 06, 2015, 06:03:28 PM |
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I have only tried a few cloud mining sites, I'm very careful where I spend my money. Also I like having the miners on hand as I love the hobby, so this is main reason I don't do a ton of cloud mining
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LoveUJack
Member
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Activity: 83
Merit: 17
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November 09, 2015, 06:55:30 PM |
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I have only tried a few cloud mining sites, I'm very careful where I spend my money. Also I like having the miners on hand as I love the hobby, so this is main reason I don't do a ton of cloud mining
I am using www.cloudmining.website for some time. I wont say it is flawless. Sometimes it take hours for their payments to confirm. But, they pay normal every week. A few hours ago, I received today's payment too... https://blockchain.info/tx/7482c77b42d3ae209c06adf5918840d4996a49bea53e3794d473fc616ec790feWhich cloud mining sites you have tried and how did they perform ? |
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kotwica666
Legendary
Offline
Activity: 2282
Merit: 1035
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November 10, 2015, 10:51:04 AM |
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I have only tried a few cloud mining sites, I'm very careful where I spend my money. Also I like having the miners on hand as I love the hobby, so this is main reason I don't do a ton of cloud mining
I am using www.cloudmining.website for some time. I wont say it is flawless. Sometimes it take hours for their payments to confirm. But, they pay normal every week. A few hours ago, I received today's payment too... https://blockchain.info/tx/7482c77b42d3ae209c06adf5918840d4996a49bea53e3794d473fc616ec790feWhich cloud mining sites you have tried and how did they perform ? How long you are with this service? IT IS SCAM!!!I'm with this scam from second or third day after launch, so from beginning of November 2014 - more than one year. For first ~three months the pay not bad, but now from 9 - 10 months dust!!! To get ROI i need around 4 years more!!!Stay away from this scammers! |
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kotwica666
Legendary
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Activity: 2282
Merit: 1035
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November 11, 2015, 10:08:23 PM |
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Sorry, i didn't seen this post. I will prepare all what you are asking now. But it will take a while.. Edit: I have a problem - I will answer in second thread. |
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UnknownUsername
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November 11, 2015, 10:22:09 PM |
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who needs a proof when common sense can already tell us that this is a ponzi scheme and would collapse in a matter of time.. Its already showing a sign of collapse |
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jackg
Copper Member
Legendary
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Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
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November 11, 2015, 10:26:39 PM |
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I always wanted to mine but never had enough resource. Over month, I have gathered around 0.11 BTC 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... Update 30/03/2015: In fact, I invested 0.11 BTC in this service and have already made ROI. Update 11/07/2015: They are paying consistently for more than eight months now and they publish the blockchain payment proof - www.cloudmining.website/payments.php. Moreover, according to a third party cloud mining monitor, www.CloudMining.website delivered ROI within ~114 days...  Conclusion: Initially, I took them with a grain of salt, but, after eight months, I can definitely say, they are trustworthy... I think you should have started with a more trustworthy party such as hashnest.com or miningsweden.se, that would just be my opinion for what you should do! P.S. How did you make 0.11 btc in a month? What faucets did you use? |
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