Cloud Mining - Please help a newbie

[darkangel11]

Cloud mining is a zero sum game.
You can't earn btc from using cloud mining. They only chance you can win is if you trade cloud mining shares in cex.io.

Simply not true, LTCgear.com breaks even in about 12/14 weeks...

Haters gonna hate... let them. Cloud mining is taking over...

Cloud mining looks like a scam, especially if you keep the company anonymous.
We are not trading guns or drugs here. If you want your company to be taken seriously don't hide.

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[newIndia]

Cloud mining is a zero sum game.
You can't earn btc from using cloud mining. They only chance you can win is if you trade cloud mining shares in cex.io.

Simply not true, LTCgear.com breaks even in about 12/14 weeks...

Haters gonna hate... let them. Cloud mining is taking over...

Cloud mining looks like a scam, especially if you keep the company anonymous.
We are not trading guns or drugs here. If you want your company to be taken seriously don't hide.

   
Ironically, almost none of the cloud miners show any real proof. Moreover, pictures are no proof at all as those can be easily faked. But 2 reasons of not showing proof are acceptable...

1. Most countries dont have clear bitcoin law. So miners dont want to invite unnecessary problem by revealing their physical location.

2. Most large miners sell block to mixer services as those have a premium price. So, most of the time cloud miners's payment come from customer's fund, rather than generated blocks.

[Loophole]

Cloud mining is a zero sum game.
You can't earn btc from using cloud mining. They only chance you can win is if you trade cloud mining shares in cex.io.

Simply not true, LTCgear.com breaks even in about 12/14 weeks...

Haters gonna hate... let them. Cloud mining is taking over...

Cloud mining looks like a scam, especially if you keep the company anonymous.
We are not trading guns or drugs here. If you want your company to be taken seriously don't hide.

   
Ironically, almost none of the cloud miners show any real proof. Moreover, pictures are no proof at all as those can be easily faked. But 2 reasons of not showing proof are acceptable...

1. Most countries dont have clear bitcoin law. So miners dont want to invite unnecessary problem by revealing their physical location.

2. Most large miners sell block to mixer services as those have a premium price. So, most of the time cloud miners's payment come from customer's fund, rather than generated blocks.

Well some cloud mining sites do have proofs of actual mining. Some have shown proofs of purchasing ASICs from manufacturers or partnering with manufacturers, but yup many of them don't show any proof of their hashrate. And that's why I do agree, as an investment, buying cloud mining hashrate is more risky than buying ASIC directly.

[Furio]

The best one i've seen so far is genesis-mining (https://www.genesis-mining.com/signup) Here is a code for a 2,5% discount (6PGTI7).
There is also this 2 sites that you can try them for free:

hashie gives you a free miner (Just so you know, there is some conditions to get the profit from this free miner)
https://hashie.co/t?p=8057&v=08e

hashprofit gives you 200kh/s for 1 one week (same applys here, conditions)
https://hashprofit.com/en/registration/?hp=81098

Hope I helped you and good luck!

Win Free Bitcoins every hour! - www.freebitco.in

Hahaha, with all referral links No intention there 

[Etanllah]

As you can see cloud mining is a hot topic. Why not invest at BTCJam or BitlIendingClub?

[GermanGiant]

As you can see cloud mining is a hot topic. Why not invest at BTCJam or BitlIendingClub?

I have read stories that people invest in BTC Jam and people run away with that money. On complain BTC Jam simply declares that they have nothing much to do and investors need to team for lawyer fees etc. So I think, there is no extra advantage in going through these platforms.

[MegaHustlr]

Some trustworthy ones imo:

PBmining

Cex.io

New ones:

couldminr.io

couldmining.website (seems risky)

[FUR11]

Cloud mining is a double-edged sword. You actually get the hashrate pretty fast and don't have to care about the hardware. Then again, you still won't make much of a profit, probably. I believe ASICMiner's new cloud mining (AMHash) on Havelockinvestments is pretty reliable and at least trustworthy, you can buy new shares since they're currently IPOing: https://www.havelockinvestments.com/fund.php?symbol=AMHASH2

[mezmerizer9]

Some trustworthy ones imo:

PBmining

Cex.io

New ones:

couldminr.io

couldmining.website (seems risky)

replace cex.io with hashprofit.

[unrealistic]

no good from cloudmining.

[SpanishSoldier]

Cloud mining is a double-edged sword. You actually get the hashrate pretty fast and don't have to care about the hardware. Then again, you still won't make much of a profit, probably. I believe ASICMiner's new cloud mining (AMHash) on Havelockinvestments is pretty reliable and at least trustworthy, you can buy new shares since they're currently IPOing: https://www.havelockinvestments.com/fund.php?symbol=AMHASH2

Can u someone plz xplain this havelock thing to me. I dont understand what xactly they are offering !!!

[smoothaces]

Stuff like cex.io is very unpredicatable and it is gambling basically. Just wanted to tell you all.

[RocketSingh]

Stuff like cex.io is very unpredicatable and it is gambling basically. Just wanted to tell you all.

Why do u think cex.io or any cloud mining service is gambling ? Profit can be calculated by difficulty estimation. There are many tools to do that as well.

[ranochigo]

Stuff like cex.io is very unpredicatable and it is gambling basically. Just wanted to tell you all.

Why do u think cex.io or any cloud mining service is gambling ? Profit can be calculated by difficulty estimation. There are many tools to do that as well.

Difficulty cannot be estimated in the long run. You can only try to estimate the next difficulty increase but it may or may not be accurate. In a few months after buying the GHS, the difficulty may have rise as more ASICs are being shipped or big farms coming online. If that happens, you would profit much less from your overpriced GHS from cex.io and you can't sell it for much value as the price would be lower.

[ferdinant]

cex.io is a good one, i like it.

[Furio]

cex.io is a good one, i like it.

If you like to ROI, don't bother

[kotwica666]

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...

Here you have nice review:
https://bitcointalk.org/index.php?topic=739510.0

I'm testing on small quantities some cloud mining services. From this three I already get withdrawals:

Cryptomine.io - payments everyday, we can set withdrawal when is >0.02) - more here: https://bitcointalk.org/index.php?topic=832448

Hash Profit - payments every day, withdrawal automatic when is >0.05) - more here: https://bitcointalk.org/index.php?topic=755527.0

Cloud Mining.website  - payments every day, withdrawals one time per week in monday - more here: https://bitcointalk.org/index.php?topic=843417.0

About Cloudminr.io - atm i can not say to much, but in my signature you can find some informations and links.

[cutesakura]

try to get into hashprofit.com, you just sign up and enter the deposit some BTC, and you can get in the cloud bitcoin mining in accordance with KHS you buy, the system you will be given hashprofit profit estimates will be obtained, and how many months it will return on investment , may be an alternative investment your bitcoin ... 

[kotwica666]

https://hashie.co/t?p=11204&v=be7 is a good place to start they gif away 10Gh and price per Gh is cheap. also pretty low fee and a market to sell again.

just try it its free for a start.

They give 10 GHs for free.. but to withdraw anything you have to buy GHs.. Minimum purchase: 20 GH/s 

[RocketSingh]

https://hashie.co/t?p=11204&v=be7 is a good place to start they gif away 10Gh and price per Gh is cheap. also pretty low fee and a market to sell again.

just try it its free for a start.

They give 10 GHs for free.. but to withdraw anything you have to buy GHs.. Minimum purchase: 20 GH/s 

Better stay away from those who offer things completely free today, because tomorrow when u invest big they'll run away with those funds. Everything has a cost. Those who are asking for at least small investment today are more likely to stay tomorrow...

Just my 2 satoshi