Thekool1s (OP)
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Activity: 1512
Merit: 1218
Change is in your hands
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November 28, 2014, 08:56:19 AM |
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Question is simple like which will not turn to scam or has very less chances for turning into scam?
I am new to mining can you also tell me what would a good and realistic Ghs/Btc rate would be?
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Amevalentine
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November 28, 2014, 10:03:09 AM |
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Thank you for this help infos |
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dbshck
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Crypto Swap Exchange
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November 28, 2014, 02:32:09 PM |
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He said at least 5 services are legit based on his criteria. And I think those criteria are valid to spot a ponzi scheme. GAWminer 1+4+5+~7 => 4/7 = Possibly legit
genesis-mining 1+4+7 => 3/7 = Probably legit
Megamine.com 1+4 => 2/7 = Probably legit
Cex.io 4 => 1/7 = Legit
KNCloud 7 => 1/7 = Legit
Hashnest(*after merge) => 0/7 = Legit
AMhash => 0/7 = Legit
Cryptx PETAmine => 0/7 = Legit |
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shanem
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Merit: 1000
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November 28, 2014, 02:35:55 PM |
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Cex.io is the best but you need to be careful of the price you bought in.
Cloud hashing is always downtrending due to the increase in difficulty. If the price is too high, you should wait for it to drop.
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anshar
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November 29, 2014, 09:26:03 AM |
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cex.io is the most common.
New ones include: cloudminr.io or cloudmining.website
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raskul
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November 29, 2014, 09:37:33 AM |
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the only truly legit cloud mining operations are those which allow you to change pool.
even if the operator of the cloud you are buying into has hardware and runs a viable mining operation, it's still not a cloud service, it's just mining pool to which you pay to mine at (example KNC, etc).
real cloud mining should always be done p2p - nicehash is a good example of this, or betarigs, or leaserig.
i'd advise anyone thinking of investing in any kind of cloud mining think to yourself - do you really want to be limited to the single variance of the cloud operators pool?
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tips 1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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BitCoinDream
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The revolution will be digital
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November 29, 2014, 11:00:42 AM |
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Question is simple like which will not turn to scam or has very less chances for turning into scam?
I am new to mining can you also tell me what would a good and realistic Ghs/Btc rate would be?
U might like to check www.cmmonitor.com. They have invested themselves in multiple cloud mining operations to report about them. There are multiple sort criteria as well... BY DATE | BY POPULARITY | BY NUMBER OF VIEWS | BY COMMENTS | ALPHABETICAL |
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mezmerizer9
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November 29, 2014, 02:04:45 PM |
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Question is simple like which will not turn to scam or has very less chances for turning into scam?
I am new to mining can you also tell me what would a good and realistic Ghs/Btc rate would be?
The most legit would be IMO, CEX.IO but also the most expensive. You can also try pbmining or hashprofit (IT'S NOT A PONZI) but they have contracts where you can't sell you mining power for some time. I'd suggest you to stay away from cloud mining if you don't have some bigger investments to put in. Also, check this site out http://www.bitfever.org/bitcoin-mining.html |
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Demille
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November 29, 2014, 02:18:28 PM |
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I like Gaw miners. It's legit in the sense that you get paid but people have been complaining about them recently so there could be trouble in the future, but they're not one of these anonymous fly by night cloud companies.
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BitCoinDream
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Activity: 2394
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The revolution will be digital
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November 29, 2014, 02:43:00 PM |
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Question is simple like which will not turn to scam or has very less chances for turning into scam?
I am new to mining can you also tell me what would a good and realistic Ghs/Btc rate would be?
The most legit would be IMO, CEX.IO but also the most expensive. You can also try pbmining or hashprofit (IT'S NOT A PONZI) but they have contracts where you can't sell you mining power for some time. I'd suggest you to stay away from cloud mining if you don't have some bigger investments to put in. Also, check this site out http://www.bitfever.org/bitcoin-mining.htmlHow do u come to the conclusion that hashprofit is not a ponzi ? Moreover the bitfever list is very small and quiet incomplete. |
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M8
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November 29, 2014, 05:32:02 PM |
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What I don't understand about these cloud mining companies is why they don't just mine themselves instead of giving their profits away. That's why they look like ponzis because people think they don't even have any equipment and are just paying out of the money put in.
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BitCoinDream
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The revolution will be digital
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November 29, 2014, 05:44:29 PM |
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What I don't understand about these cloud mining companies is why they don't just mine themselves instead of giving their profits away. That's why they look like ponzis because people think they don't even have any equipment and are just paying out of the money put in.
If I accept your logic, then no ASIC manufacturer should have shipped their product. They built and mined for themselves. p.s. There is an initial cost for everything that needs to be covered. That is why businesses go to public. |
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LiteCoinGuy
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In Satoshi I Trust
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November 29, 2014, 06:55:55 PM |
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notlist3d
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Merit: 1000
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November 29, 2014, 07:07:38 PM |
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I'm more into hardware miners myself. My advice is if someone uses a referral code when talking about a service take the advice very carefully.
On most "legit" I prefer one that has shown pictures or something. A don't go into proving they are not ponzi.
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Johny Depp
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busting the bastards
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November 29, 2014, 07:26:29 PM |
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I'm more into hardware miners myself. My advice is if someone uses a referral code when talking about a service take the advice very carefully.
On most "legit" I prefer one that has shown pictures or something. A don't go into proving they are not ponzi.
Picture ?? ....LMAO  They just caught bitcoincloudservices.com using 3D image to show hardware rack. The only thing that is acceptable is a in person video with location details. Anything below is a SCAM, just their levels are different. |
Exposing frauds since 2014
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BitcoinExchangeIndia.com
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November 29, 2014, 07:29:13 PM |
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Question is simple like which will not turn to scam or has very less chances for turning into scam?
I am new to mining can you also tell me what would a good and realistic Ghs/Btc rate would be?
If u go for a brand, which has public visibility, go for CEX.io If u go for rate, try cloudmining.website |
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sl@ppy
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November 29, 2014, 09:18:36 PM |
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I am new to this and have been reading a lot researching mining. It is pretty complicated and not an easy answer. People mention CEX and Gaw, they dump a lot into advertising, and there are strange things going on at the top level of both. Boasts and promises that only time will tell. Like any service, go with what makes sense to you. It will always get more expensive due to always getting harder to calculate.
As for why sell mining services instead of just doing it themselves, this is from hashprofit faq
'Our main mission is to develop cryptocurrencies market for all over the world. We're getting our profits anyway, using part of hashrate for needs of the service and with fees (20%) from our users' profits. Larger half used to develop our company further.'
It is one explanation.
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