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Aristoff (OP)
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January 20, 2015, 01:39:29 PM |
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Please explain me the principle of CLOUD MINING ? For example - I have good power GHs for what would be mining at these facilities with a profit ... But, I don't mining on these facilities. I made these facilities rental other guys ... WHY ?  Why do I need to do it, if I can mining these capacities himself and to have a profit ? Thanks in advance for your opinions |
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james.lent
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January 20, 2015, 02:01:43 PM |
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 link is in my signature, a good read and awareness for people. |
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AccountTrader
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January 20, 2015, 02:07:45 PM |
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Not all cloud mining companies are scam, cex.io is a legit company. But most cloud mining companies is a scam. If they don't have evidence where did they point there hashpower, it is most likely a scam.
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Aggressor66
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January 20, 2015, 03:33:47 PM |
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There are couple of cloud mining being a scam. It's like a trend nowadays. Let's back to convensional mining. Trading is the only alternative to avoid the scam-thingy.
I think investing in cloud mining isn't secure, it always ended with scam.
If all Cloud mining sites did as they should having a cloud mining business would be a great business.
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noma
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January 20, 2015, 05:00:02 PM |
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Please explain me the principle of CLOUD MINING ? For example - I have good power GHs for what would be mining at these facilities with a profit ... But, I don't mining on these facilities. I made these facilities rental other guys ... WHY ? Why do I need to do it, if I can mining these capacities himself and to have a profit ? Thanks in advance for your opinions Its partly myth partly reality. Some sites are legit and some are scams. You got to decide by considering everything. |
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newIndia
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Activity: 2226
Merit: 1052
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January 20, 2015, 06:24:11 PM |
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Please explain me the principle of CLOUD MINING ? For example - I have good power GHs for what would be mining at these facilities with a profit ... But, I don't mining on these facilities. I made these facilities rental other guys ... WHY ? Why do I need to do it, if I can mining these capacities himself and to have a profit ? Thanks in advance for your opinions I wonder why did u post it in 'Games and rounds' section ? |
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elephantas1
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January 20, 2015, 07:21:08 PM |
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Please explain me the principle of CLOUD MINING ? For example - I have good power GHs for what would be mining at these facilities with a profit ... But, I don't mining on these facilities. I made these facilities rental other guys ... WHY ? Why do I need to do it, if I can mining these capacities himself and to have a profit ? Thanks in advance for your opinions I wonder why did u post it in 'Games and rounds' section ? maybe he thinks that its something like ponzi so he decided that its just a game |
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drcore
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January 20, 2015, 08:13:13 PM |
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well, one of the largest operations seized due to increasing difficulty, which is CEX.
Only reason I see they stopped or paused operations is they notice the value of bitcoin too much to even operate.
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Dilemma
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January 20, 2015, 09:04:14 PM |
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most of them are ponzi..
But some of them really mak mining
Forexample cex, hashnest..
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captainwire
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January 20, 2015, 10:34:46 PM |
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its not a good reality for mining in general lol.
just go buy and hold it.
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unamis76
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January 20, 2015, 10:39:41 PM |
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Scam or not, they're not really profitable... And it's never the same as having a miner on a location of yours!
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AccountTrader
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January 20, 2015, 11:09:12 PM |
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Cloud mining is mostly a myth. I were you I would just buy the bitcoin directly and wait for its rise 1 - 2 years later it would be sure profit. Once bitcoin halves its price will double to tripple.
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ironlambda
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January 20, 2015, 11:42:14 PM |
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at this point, its becoming a myth and bitcoin is alone is slowly getting hurt based on the whole scamming scene.
everyone who doesnt know about bitcoin, will probably dont want to touch it. too much to learn for the average person.
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Seketsuna
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January 21, 2015, 12:37:37 AM |
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1 out of 10 cloud mining companies is legit.
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sana54210
Legendary
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Activity: 3318
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January 21, 2015, 12:39:21 AM |
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1 out of 10 cloud mining companies is legit.
Make it 1 of 100 cloud mining is legit. Almost all is a scam to me. |
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fireneo
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January 21, 2015, 12:46:30 AM |
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this thread section should be changed into service discussion or something else, not gambling...
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searle421
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January 21, 2015, 12:59:02 AM |
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Cloudmining is a Big Lie, most cloudmining companies is a Ponzi! Stay away from them.
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michinzx
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January 21, 2015, 05:21:47 AM |
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why would people sell you their hashing power if they could make more mining on their own?
they wont, so they charge you to rent their hash power and they make more money to reinvest in more mining equipment.
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ilvbtc
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Activity: 1638
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January 21, 2015, 06:31:38 AM |
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For me,just the case of cryptomine is enough to just keep away from this cloud mining.
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GLBrim
Newbie
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January 21, 2015, 11:16:00 AM |
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for me i only trust cex.io and zencloud  |
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