Cloud Mining - Please help a newbie

[notlist3d]

5) no proof of h/w (thats why i am cautious with gigahash)

Actually, what is more important than 'proof' of hardware, which can always be faked, is proof of hashrate. This is extremely easy for the cloud mining operator to show live 24/7, they only need to show blocks being mined as they happened and from this can be extrapolated a rough hashrate.

The only problem with this is establishing that they haven't sold more hashrate than they evidently possess.

Which is why, if you really can't run your own hardware in-house but still want to mine, you're better off avoiding restrictive 'cloud mining' schemes altogether and simply renting actual rigs or straight-up hash-power which you can point wherever you wish.

You really need a vouch from a manufacture of asics.  For example hashnest it is bitmain... so pretty good there.  A second kind is like Bit-X where Bitfury came out to vouch they paid for 1PH of hash for their site.   

So there is a few different way's but you can find good vouches for certain sites.  Some will try to avoid this question on hardware.... those that do I would never invest with.

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[megatron1337]

I have a bit of ghs with eobot.  I'm considering getting some ghs on hashnest as well.

[kyrios_]

I have a bit of ghs with eobot.  I'm considering getting some ghs on hashnest as well.

Never tried eobot, hows their service?

[notlist3d]

I have a bit of ghs with eobot.  I'm considering getting some ghs on hashnest as well.

Never tried eobot, hows their service?

Just look at site and make your own judgement.. but look at "SHA-256 5 Year Contracts Sold"

Do you know of a single BTC miner that lasts 5 years?  I sure don't know of any with fees that would make it near this.  So I consider it bad right there.  And that is before the fact no evidence of hardware that I see.

[GermanGiant]

5) no proof of h/w (thats why i am cautious with gigahash)

Actually, what is more important than 'proof' of hardware, which can always be faked, is proof of hashrate. This is extremely easy for the cloud mining operator to show live 24/7, they only need to show blocks being mined as they happened and from this can be extrapolated a rough hashrate.

The only problem with this is establishing that they haven't sold more hashrate than they evidently possess.

Which is why, if you really can't run your own hardware in-house but still want to mine, you're better off avoiding restrictive 'cloud mining' schemes altogether and simply renting actual rigs or straight-up hash-power which you can point wherever you wish.

Where does this logic of your go while you evaluate Bit-X ?

[radhwane]

whats your think about zeushash ? i just invest some bits thier now i'm getting  1$ / month
do you advise me to invest more BTC thier? or u can tell me which company good for mining ?

[Hellacopter]

Many of the called "cloud mining" programs nowadays, are just scam sites and ponzi schemes , so bhe careful before investing or deposit in such sites, you could lose your coins easily

[cryptodevil]

5) no proof of h/w (thats why i am cautious with gigahash)

Actually, what is more important than 'proof' of hardware, which can always be faked, is proof of hashrate. This is extremely easy for the cloud mining operator to show live 24/7, they only need to show blocks being mined as they happened and from this can be extrapolated a rough hashrate.

The only problem with this is establishing that they haven't sold more hashrate than they evidently possess.

Which is why, if you really can't run your own hardware in-house but still want to mine, you're better off avoiding restrictive 'cloud mining' schemes altogether and simply renting actual rigs or straight-up hash-power which you can point wherever you wish.

Where does this logic of your go while you evaluate Bit-X ?

Same old same old from GermanGiant/SpanishSoldier/RussianRaibow accusing me of having an agenda of promoting Bit-X simply because I actively assist newbies to recognise that most Cloud Mining operations are actually just ponzi/fractional mining scams.

Trouble is GG/SS/RR keeps forgetting that I have already commented to his weak accusation that as far as I'm concerned Bit-X could indeed be fractional mining as they only have a specific amount of PH/s provably purchased.

I don't give a shit what you think, scammer, I'd sooner tell all users to avoid cloud mining like the fucking plague.

Still doesn't change the fact that your criminal operation of cloudmining.website is a fraudulent scam. Don't think I didn't notice, by the way, that the 'bitcoinblackfriday' dot info scam copy of the dot com legit site had fraudulently-represented clone copies of legit services it was linking to but, and here's the funny part, cloudmining.website was linked to with no alteration whatsoever. It's almost as if the operators of the cloning fraud had an interest in promoting your fraudulent scam, while ripping off anybody who was clicking through to other services.

[Amph]

whats your think about zeushash ? i just invest some bits thier now i'm getting  1$ / month
do you advise me to invest more BTC thier? or u can tell me which company good for mining ?

no, invest only in bit-x or hashnest at this point, the rest might be scammer, maybe they pay you at first, only to gaina  little trust but then they will scam you some way

by increasing fee, by suspending your hash etc...

[notlist3d]

5) no proof of h/w (thats why i am cautious with gigahash)

Actually, what is more important than 'proof' of hardware, which can always be faked, is proof of hashrate. This is extremely easy for the cloud mining operator to show live 24/7, they only need to show blocks being mined as they happened and from this can be extrapolated a rough hashrate.

The only problem with this is establishing that they haven't sold more hashrate than they evidently possess.

Which is why, if you really can't run your own hardware in-house but still want to mine, you're better off avoiding restrictive 'cloud mining' schemes altogether and simply renting actual rigs or straight-up hash-power which you can point wherever you wish.

Where does this logic of your go while you evaluate Bit-X ?

Same old same old from GermanGiant/SpanishSoldier/RussianRaibow accusing me of having an agenda of promoting Bit-X simply because I actively assist newbies to recognise that most Cloud Mining operations are actually just ponzi/fractional mining scams.

Trouble is GG/SS/RR keeps forgetting that I have already commented to his weak accusation that as far as I'm concerned Bit-X could indeed be fractional mining as they only have a specific amount of PH/s provably purchased.

I don't give a shit what you think, scammer, I'd sooner tell all users to avoid cloud mining like the fucking plague.

Still doesn't change the fact that your criminal operation of cloudmining.website is a fraudulent scam. Don't think I didn't notice, by the way, that the 'bitcoinblackfriday' dot info scam copy of the dot com legit site had fraudulently-represented clone copies of legit services it was linking to but, and here's the funny part, cloudmining.website was linked to with no alteration whatsoever. It's almost as if the operators of the cloning fraud had an interest in promoting your fraudulent scam, while ripping off anybody who was clicking through to other services.

I use to get the same thing I think he got tired of me.  I always pointed twords Bitfury vouching for Bit-X 1 PH.  Bit-X is actually a very big BTC exchange the cloud is a small part of it's business.    Hashnest no question it is legit.

He does not like using hardware as he never shares info of HW or say what company provided it.  He just uses a payout... that is not proof of hardware.  And it in no proves people ROI'ed as we don't know what they spent.  

[GermanGiant]

Same old same old from GermanGiant/SpanishSoldier/RussianRaibow accusing me of having an agenda of promoting Bit-X simply because I actively assist newbies to recognise that most Cloud Mining operations are actually just ponzi/fractional mining scams.

Trouble is GG/SS/RR keeps forgetting that I have already commented to his weak accusation that as far as I'm concerned Bit-X could indeed be fractional mining as they only have a specific amount of PH/s provably purchased.

I don't give a shit what you think, scammer, I'd sooner tell all users to avoid cloud mining like the fucking plague.

I'm sure we wont see that day anytime soon while you'll be engaged in bashing Bit-X. Why ? Because that would stop your pay packet.

Still doesn't change the fact that your criminal operation of cloudmining.website is a fraudulent scam. Don't think I didn't notice, by the way, that the 'bitcoinblackfriday' dot info scam copy of the dot com legit site had fraudulently-represented clone copies of legit services it was linking to but, and here's the funny part, cloudmining.website was linked to with no alteration whatsoever. It's almost as if the operators of the cloning fraud had an interest in promoting your fraudulent scam, while ripping off anybody who was clicking through to other services.

Both 'bitcoinblackfriday' .com & .info showed the offer by CMW. They also listed the correct website of Genesis Mining without any alterations. Does it mean CMW, Genesis Mining, bitcoinblackfriday.com & bitcoinblackfriday.info are run by same people ?

[cryptodevil]

I'm sure we wont see that day anytime soon while you'll be engaged in bashing Bit-X. Why ? Because that would stop your pay packet.

:rolleys: You are so full of it GG/SS/RR, evidence or shut the fuck up. Seriously, all you've got is to claim I'm in the pay of Bit-X because I'm nailing your scam operations and not theirs, even though I am more than happy to tell everyone to avoid ALL cloud mining operations, including Bit-X because, until there is live proof of total market sold versus proven total hashrate owned, there is a risk of fractional mining which invariably has to collapse after a time.

Both 'bitcoinblackfriday' .com & .info showed the offer by CMW. They also listed the correct website of Genesis Mining without any alterations. Does it mean CMW, Genesis Mining, bitcoinblackfriday.com & bitcoinblackfriday.info are run by same people ?

Fallacious reasoning. In any event, whether your scam is part of their scam is part of a shared scam, it is not unusual to see your operation connected with one.

So, how's the 'mining' going over at cm.w central? Still no proof for it yet? Still quoting the longevity of your scam for 'evidence' of it not being a scam? Because, in that case, Bernie Madoff was *totally* innocent.

[GermanGiant]

:rolleys: You are so full of it GG/SS/RR, evidence or shut the fuck up.

LoLz... you r asking for evidence ? You, who does not need any evidence of having enough hash power from Bit-X or former Hashie, AM hash etc., but asks for all the evidence from Bitcoin Club Mining, CMW, Scrypt.cc etc. ?

Seriously, all you've got is to claim I'm in the pay of Bit-X because I'm nailing your scam operations and not theirs, even though I am more than happy to tell everyone to avoid ALL cloud mining operations, including Bit-X because, until there is live proof of total market sold versus proven total hashrate owned, there is a risk of fractional mining which invariably has to collapse after a time.

Quote it and keep posting in all Bit-X threads and stop CMW and alike with your garbage.

Fallacious reasoning. In any event, whether your scam is part of their scam is part of a shared scam, it is not unusual to see your operation connected with one.

Your imagination needs no boundary

So, how's the 'mining' going over at cm.w central? Still no proof for it yet? Still quoting the longevity of your scam for 'evidence' of it not being a scam? Because, in that case, Bernie Madoff was *totally* innocent.

My investment is distributed among multiple miners like CMW, Eobot, Bitcoin Club Mining etc and they are doing pretty well. I only lost in Cex.io.
By the way, who is Bernie guy ? Your half brother or a crime partner ?

[tmfp]

My investment is distributed among multiple miners like CMW, Eobot, Bitcoin Club Mining etc and they are doing pretty well.

Hey, what a quality portfolio! 

Why not put some into Hourlymine.com and Bitminer.eu as well? They meet all your criteria of absolutely no proof of mining and crazy cheap hashrate, then you'll have a Royal Flush of Shit. 
I'm sure your friend with the scam monitor site could be persuaded to list them as "Paying" if they send him a few sats.

~This is not investment advice and should not be construed as such~

[wadili89]

whats your think about zeushash ? i just invest some bits thier now i'm getting  1$ / month
do you advise me to invest more BTC thier? or u can tell me which company good for mining ?

no, invest only in bit-x or hashnest at this point, the rest might be scammer, maybe they pay you at first, only to gaina  little trust but then they will scam you some way

by increasing fee, by suspending your hash etc...

bit x is great but its not like all others are scammer there are also some other old cloud mining website like one you can see in my signature they are old and paying .

if you can get profit from cloud mining or not its depends on you how you handle it

[cryptodevil]

bit x is great but its not like all others are scammer there are also some other old cloud mining website like one you can see in my signature they are old and paying .

if you can get profit from cloud mining or not its depends on you how you handle it

:head-desk:
:head-desk:
:head-floor:

The operation you advertise in your signature is a ponzi-based scam. They are not mining, they are not trusted, they are not transparent.

[Tyrantt]

As much as i know, cm isn't that profitable unless you invest big. Try minuteBTC.

[tmfp]

Try minuteBTC.

Why would anyone want to do that? 

Our company guarantees that every single investment dollar you spend will be handled with the care that it deserves by our professional investors. Our packages are all inclusive, and handle every single detail that might concern you about spending money.

And what company would that be?

[GermanGiant]

As much as i know, cm isn't that profitable unless you invest big. Try minuteBTC.

I dont think there are many cloud mining websites like CMW, which has paid consistently for so long.

[Pk880058]

As much as i know, cm isn't that profitable unless you invest big. Try minuteBTC.

I dont think there are many cloud mining websites like CMW, which has paid consistently for so long.

Do you have proof of that recently anyone joined CMW and got profit, because as per i saw the detail about cloud mining they pay for some time when their target is achieved they start to run off, i also know one site hashprofit which was running for more than  a year but after that when their target got achieved the site got down and after that they started giving excuses of site being hacked and blahh blahh .and now that site is not opening.

I dont think there are many cloud mining websites like CMW, which has paid consistently for so long.

PBMining operated a cloud mining ponzi scheme for more than a year before it ran off with everyone's money.

ya same thing i was also telling when their target it achieved they will ran off and who ever is recently joined are mostly get affected as they have not even got payment for some bitcoin also.

so it is clear that cloud mining is a ponzi or scam .