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[Razor1911]

Lately I have discovered so many sites which are giving the platform where you can mine cryptos. You don't need high end CPUs to mine. The company has everything set up, you only need to pay a plan and then according to the plan you will be given a Hash rate. And as per that hash rate you will earn.

This sounds more like a HYIP then to be a mining site I guess. Have any of you ever tried such sites? Do they really provide cloud mining?

 

[Razor1911]

Yeah they do mine for you in exchange for a fee. They are usually involved in mining pools so as to generate more blockchain rewards.

I know about the function. But do they really what they claim. If someone have huge hardware to do mining himselfx he would form a company to manage it, why would anyway cloud mining will help in mining process.

 

[DashPiku]

Cloud mining may or may not be profitable, but the excitement comes from the experience.... However, if you have a realistic sense of what mining would entail and how much money you can anticipate to make, it's well worth it.

I think cloud mining is not working. Cloud mining is acceptable by investing money, which is like hyips. You invest money then only you can mine and earn. It is like investment program then a real mining program.

 

[Wisdom01]

A large percentage of them are scam , based on my experience its best to just stay away from them and buy the normal gpu and other mining tech to mine , only few are Legit

 

[BusyCat]

There are 2-3 cloud mining sites like genesis mining , but earning rate can be really low and it also depends on crypto price fluctuation. There was a cloud mining site called Eobot which was shut for some reason. I rather invested in site , its not a cloud mining site , but its far better than them. It is a ******** crowdfunding project and is legit from more than a year.

 

[highspeed]

I only tried DUALMINE, which I still have it in running. That's a cloud-mining service. You can find it reviewed here on BMF. Many say it works but ... I still haven't understand how! So I think that system is very complicated.

 

[dorcasy]

At the moment,we can't really boost of good cloud minning platforms bas they come in form of disguise.
As you said you don't really need to do much other than to link your wallet to the mining rig.
I prefer to use my GPU to mine cryptocurrency than to go through cloud mining or invest with them.

 

[BusyCat]

At the moment,we can't really boost of good cloud minning platforms bas they come in form of disguise.
As you said you don't really need to do much other than to link your wallet to the mining rig.
I prefer to use my GPU to mine cryptocurrency than to go through cloud mining or invest with them.

For GPU based crypto mining , you have to invest on computer and hardware , a good system with higher graphics so that your computer doesn't get damaged while mining crypto. Cloud mining sites are risky to invest except some sites which are running from quite a long duration of time.

 

[dorcasy]

For GPU based crypto mining , you have to invest on computer and hardware , a good system with higher graphics so that your computer doesn't get damaged while mining crypto. Cloud mining sites are risky to invest except some sites which are running from quite a long duration of time.

I know very well and I have been using it with my computer desktop because it has a good gpu and the hardware is top notch.
I tried using it on my laptop and I observed it was hanging and might lose damage to the device.
If only cloud mining can stand or represent what it actually stands for I would have opt for it.

 

[highspeed]

You know, I'm starting to get the idea that cluod-mining sites are basically scams. So using those we can only delude ourselves to be able to extract, but in the end we will not have anything concrete "in hand".
On the other hand, extracting by our machines, from how I understood there would be really the possibility of obtaining good results. But nevertheless we will face considerable costs of hardware and electricity that nowadays I believe in a few could afford.

 

[TAH123]

Most of the cloud mining websites are scams. They will say like you will earn 10000$ but please don't trust them. Once I saw one of those cloud mining site saying that you can also mine on mobile. After watching that I was so laughing...

 

[Jack / 47 F1]

Lately I have discovered so many sites which are giving the platform where you can mine cryptos. You don't need high end CPUs to mine. The company has everything set up, you only need to pay a plan and then according to the plan you will be given a Hash rate. And as per that hash rate you will earn.

This sounds more like a HYIP then to be a mining site I guess. Have any of you ever tried such sites? Do they really provide cloud mining?

yes, there are some reliable & good cloud mining sites. then there are scam or rubbish cloud mining sites. some sites will sell you contracts that will never earn you the money back that you invested to buy the contract. check out the link im including for crypto compare. they go thru some cloud mining sites, with feed back, reviews, etc. not all reviews are legit.

im cloud mining on genesis mining. genesis has been around for ages & are very reliable, you earn your money back plus a good amount more. the problem with genesis is that their contracts sell out fast.

im also mining on ecos. i bought some contracts when they 1st came out, at bargain prices. now the contracts are way too expensive. it takes too long now to get your money back. plus, ecos is a cluster f*ck. payouts take ages, their support team stink, everything is based off smart phones now, ecos doesnt understand customer care at all, etc. but ecos does pay out in the end.

https://www.cryptocompare.com/mining/#/companies

 

[Brain]

it does work for some people but most of them are mere scams you know fraudulent people are always out to take advantage of anything real there will be the imitation of it. so one just have to be careful especially with anything too good to be true but be mindful of cloud mining to avoid wasting your money on scams.

 

[Jack / 47 F1]

it does work for some people but most of them are mere scams you know fraudulent people are always out to take advantage of anything real there will be the imitation of it. so one just have to be careful especially with anything too good to be true but be mindful of cloud mining to avoid wasting your money on scams.

if you do your homework & look into something before investing your money, your time is well spent. you will normally avoid being scammed. the problem is that people will believe too much of what they read in some forum & trust people they dont know. thats why i published the crypto compare web site, so people can do their own research. 15 mins surfing google, scam advisor or trust pilot will give you a wealth of info.

 

[Wisdom01]

At the moment,we can't really boost of good cloud minning platforms bas they come in form of disguise.
As you said you don't really need to do much other than to link your wallet to the mining rig.
I prefer to use my GPU to mine cryptocurrency than to go through cloud mining or invest with them.

Exactly to me too ,based on my research ,most of those cloud mining platform are just scam ,that's why I do my own personal research about the cloud mining platform before I think of joining any ,and the best is to use GPU as you won't even need to depend on any platform to get paid at a certain point in time ,that's the fact when it actually comes to investing

 

[Hilkaps]

Lately I have discovered so many sites which are giving the platform where you can mine cryptos. You don't need high end CPUs to mine. The company has everything set up, you only need to pay a plan and then according to the plan you will be given a Hash rate. And as per that hash rate you will earn.

This sounds more like a HYIP then to be a mining site I guess. Have any of you ever tried such sites? Do they really provide cloud mining?

I would like to have a link on that site and try it, of late we have been scammed in many sites claiming to mine cryptocurrency, please I will appreciate if you can share.

 

[dorcasy]

Exactly to me too ,based on my research ,most of those cloud mining platform are just scam ,that's why I do my own personal research about the cloud mining platform before I think of joining any ,and the best is to use GPU as you won't even need to depend on any platform to get paid at a certain point in time ,that's the fact when it actually comes to investing

I can list out good numbers of mining platforms that I have tried online and turned out to be worthless.
Some people are lucky though to sign up and be amongst the first beneficiary,as the platform will need them as proof to invest in the service.
It's better you mine on your own independently,than depend on any mining platform.

 

[dorcasy]

if you do your homework & look into something before investing your money, your time is well spent. you will normally avoid being scammed. the problem is that people will believe too much of what they read in some forum & trust people they dont know. thats why i published the crypto compare web site, so people can do their own research. 15 mins surfing google, scam advisor or trust pilot will give you a wealth of info.

I even prefer scam advisor to trust pilot,it seems this site owners are now paying people to come and give their site 5 star rating.
The truth of the matter is this site might appear to look good at first but after subsequent payments things might no longer go as planned.

 

[Jack / 47 F1]

I even prefer scam advisor to trust pilot,it seems this site owners are now paying people to come and give their site 5 star rating.
The truth of the matter is this site might appear to look good at first but after subsequent payments things might no longer go as planned.

yes, i have to agree with you that scam advisor is better than trust pilot. too many fake reviews get published on trust pilot. but trust pilot is good as a general indicator. scam advisor now has a telegram channel, where you can ask if something is a scam or not. its pretty decent. if you just google review scam sites or something similar, you will get a bunch of different sites that reveal scams. so its always best to check 3 - 5 sites 1st.

regardless, its up to the investor to do his / her homework / research 1st, before investing any money. the problem is that people are always in a rush & then get burned. also, people tend to blame others for their screw up.

 

[Wisdom01]

I can list out good numbers of mining platforms that I have tried online and turned out to be worthless.
Some people are lucky though to sign up and be amongst the first beneficiary,as the platform will need them as proof to invest in the service.
It's better you mine on your own independently,than depend on any mining platform.

You are right too tho,I think this is same with me , because there are actually many mining platform I have tried out ,but keeps on making loss investing more money into them , because they only exist for a while and many are created just like hyip sites Makin it more difficult for people to earn with it ,only early investors are the ones that benefits from investing in it tho