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☑️NEW unMineable.com Reviews: SCAM or LEGIT?

wilsnico

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I've been in cryptocurrency since 2013. I've tested out everything that I came across and experienced all events that have been occurred so far. I used to mine in a pool several times with hashpower I rent, mostly for fun to test how it works out. It's worth noting, I also mined cryptocurrencies whose coins can't be easily bought on the market, such as testnet coins or altcoins due to their lack of presence on exchanges.
And, yes, I do blogging sometimes.
so you already tested everything. what about cloud mining how much you tested cloud mining can you tell us something about it
 
I see pool mining is not a piece of cake a lot of effort for little return. that's why people rent on cloud mining, what about cloud mining
I am against that.
You get hash power from a mining farm by paying.
Because of such systems mining is only carried out by a few large companies and the network is no longer decentralized.
I am satisfied with a little extra income and a certainty that the network will remain safe.
 
I am against that.
You get hash power from a mining farm by paying.
Because of such systems mining is only carried out by a few large companies and the network is no longer decentralized.
I am satisfied with a little extra income and a certainty that the network will remain safe.
Right the main problem of cloud mining is they turn into scams quickly and that's why it is risky. did you ever try cloud mining
 
Right the main problem of cloud mining is they turn into scams quickly and that's why it is risky. did you ever try cloud mining
Yes and as you reported, it ended in a dead (scam) project.
I was lucky to win back all the crypto I invested with a little profit.
I think there must be also serious cloud mining services out there, but the profits can't be much higher than pool-Mining.(makes sense)
 
Yes and as you reported, it ended in a dead (scam) project.
I was lucky to win back all the crypto I invested with a little profit.
I think there must be also serious cloud mining services out there, but the profits can't be much higher than pool-Mining.(makes sense)
so ultimately the profit of cloud mining and pool mining are the same. if they are the same then pool mining is profitable because of risk-free.
 
so ultimately the profit of cloud mining and pool mining are the same. if they are the same then pool mining is profitable because of risk-free.
I don't think either of them is going to make much $$$$$$.
Pool-Mining depends on how strong your hardware (cpu/gpu) is at home and how cheap you can get your energy.
Cloud-Mining depends on how much money you want to invest in renting equipment in mining-farms.
I am particularly doing pool-Mining because I have the energy free, had everything at home for the project (hardware with enough CPU/GPU power to have a good hash rate) and because it contributes to the safety and decentralisation of the network.
It's all automatically and I only have to check my wallet and put the crypto in staking for more gain.
That's why I chose TRX on their pool.
 
so you already tested everything. what about cloud mining how much you tested cloud mining can you tell us something about it
Well, there are for sure legit cloud mining provider out there, such as Genesis-Mining or, Bitdeer, I think... .
But yeah, since they're legit providers with a real mining farm (able to provide pictures), team and company behind that, their ROI is adjusted to the market rate. That means, their ROI isn't that high and it takes more than 300 days to reach the ROI. Furthermore, when you reach the ROI, is mostly unpredictable due to fluctuating mining difficulties.

With increasing mining difficulty, reaching your ROI in days will increase from time to time and someday it seems impossible that cloud mining pays off. This is because electricity fees cut your mining income, and your mining income tends to decrease in the long-term at a fixed electricity rate.

I'm certainly sure you consider this as scam but, reality is, you rented hashpower for what you get a percentual share in the mining pool. Profit isn't guaranteed and should always be taken into account before deciding for a suitable plan. Always check out the electricity fees of the cloud mining plan (if given) and take into account whether it's worth or not.

And as wilsnico already said, cloud mining can't be more profitable than pool mining or the other way around. These are adjusted to the market rate.

If you read it till here, then congratulations!
 
I don't think either of them is going to make much $$$$$$.
Pool-Mining depends on how strong your hardware (cpu/gpu) is at home and how cheap you can get your energy.
Cloud-Mining depends on how much money you want to invest in renting equipment in mining-farms.
I am particularly doing pool-Mining because I have the energy free, had everything at home for the project (hardware with enough CPU/GPU power to have a good hash rate) and because it contributes to the safety and decentralisation of the network.
It's all automatically and I only have to check my wallet and put the crypto in staking for more gain.
That's why I chose TRX on their pool.
pool mining is perfect for you because of your free energy. so good luck with that but it is not easy for everybody to continue with it.
 
Well, there are for sure legit cloud mining provider out there, such as Genesis-Mining or, Bitdeer, I think... .
But yeah, since they're legit providers with a real mining farm (able to provide pictures), team and company behind that, their ROI is adjusted to the market rate. That means, their ROI isn't that high and it takes more than 300 days to reach the ROI. Furthermore, when you reach the ROI, is mostly unpredictable due to fluctuating mining difficulties.

With increasing mining difficulty, reaching your ROI in days will increase from time to time and someday it seems impossible that cloud mining pays off. This is because electricity fees cut your mining income, and your mining income tends to decrease in the long-term at a fixed electricity rate.

I'm certainly sure you consider this as scam but, reality is, you rented hashpower for what you get a percentual share in the mining pool. Profit isn't guaranteed and should always be taken into account before deciding for a suitable plan. Always check out the electricity fees of the cloud mining plan (if given) and take into account whether it's worth or not.

And as wilsnico already said, cloud mining can't be more profitable than pool mining or the other way around. These are adjusted to the market rate.

If you read it till here, then congratulations!
Alright, I understand but my question is why companies give rent to people. they can do this on their own and make profits right
 
Alright, I understand but my question is why companies give rent to people. they can do this on their own and make profits right
You're right, company can do this on their own. The question here is who finances to pay the mining equipment. That company might have a seed capital but this isn't quite high.
Taking a loan from the bank may be too risky in this case and I'm pretty sure no bank would give a loan for cryptocurrency-related things.
Therefore, they start collecting funds from investors so they can use those funds to extend their mining farm faster.
 
You're right, company can do this on their own. The question here is who finances to pay the mining equipment. That company might have a seed capital but this isn't quite high.
Taking a loan from the bank may be too risky in this case and I'm pretty sure no bank would give a loan for cryptocurrency-related things.
Therefore, they start collecting funds from investors so they can use those funds to extend their mining farm faster.
so they collect funds from people and share their profit with them but when they can not provide profit then stop paying that and is called scam
 
so they collect funds from people and share their profit with them but when they can not provide profit then stop paying that and is called scam
Depends on what their intention was from the beginning whether it is a scam!
For the energy costs, all the big mining farms try like me to run on free energy.
The question is, is this reported to the customers on those Cloud-Mining !
I think they're charging the land's energy price even though they have free electricity like me.
Professional mining hardware, staff, rent for mining depo, .... cost a lot of money.
Technically, it's impossible to make more money with Cloud-Mining since pool-Mining allows you to avoid many expenses such as staff, the mining depo, ... .
But this depends on whether you have free electricity and not too old mining material at home .
 
Depends on what their intention was from the beginning whether it is a scam!
For the energy costs, all the big mining farms try like me to run on free energy.
The question is, is this reported to the customers on those Cloud-Mining !
I think they're charging the land's energy price even though they have free electricity like me.
Professional mining hardware, staff, rent for mining depo, .... cost a lot of money.
Technically, it's impossible to make more money with Cloud-Mining since pool-Mining allows you to avoid many expenses such as staff, the mining depo, ... .
But this depends on whether you have free electricity and not too old mining material at home .
exactly who knows their intention? it is maybe good or bad. I recently got a payment from a free hash the company name miningcompany ltd and decided to invest but I found a mixed review
 
exactly who knows their intention? it is maybe good or bad. I recently got a payment from a free hash the company name miningcompany ltd and decided to invest but I found a mixed review
That site looks really good. And if cloud mining sites looks pretty good (animated design, videos, etc...) then it's a mostly a scam. Plus, this company is registered in the United Kingdom.

I'm not sure if you know it but, earlier, many Crypto HYIPs created a company in the UK and presented this on their website be like "look at our company's registration, so you can invest risk-free with us". Plus, a nice looking video of a girl talking some phrases about the company's "work" that isn't true anyway. I enjoyed to see the same presentation lady on dozens of crypto hyips.

And, I believe the site was made for Russians who love to put their money into (scam) cloud mining.
Tbh, the site won't stay for a year on the web.
 
That site looks really good. And if cloud mining sites looks pretty good (animated design, videos, etc...) then it's a mostly a scam. Plus, this company is registered in the United Kingdom.

I'm not sure if you know it but, earlier, many Crypto HYIPs created a company in the UK and presented this on their website be like "look at our company's registration, so you can invest risk-free with us". Plus, a nice looking video of a girl talking some phrases about the company's "work" that isn't true anyway. I enjoyed to see the same presentation lady on dozens of crypto hyips.

And, I believe the site was made for Russians who love to put their money into (scam) cloud mining.
Tbh, the site won't stay for a year on the web.
That's why I step back from investing. I study and wait for a lot before any investment when I go to trust pilot I found they have excellent review 4.8. what do u want to say about it?
 
Hey bro, how much profit we can gain through this , is it worth to our time and money, if it then we will try out it. But give some payment proofs
For how much you make, depends on the strength of your hardware and how much you pay for electricity.
They pay and it is automatic when you have the minimum amount.
Tron = minimum 15 TRX.
 

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Hey bro, how much profit we can gain through this , is it worth to our time and money, if it then we will try out it. But give some payment proofs
For how much you make, depends on the strength of your hardware and how much you pay for electricity.
They pay and it is automatic when you have the minimum amount.
Tron = minimum 15 TRX.
As you can see in the proof of payment, you will also get crypto every day.
Proof= last 5 days in one of my wallets.
 

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That's why I step back from investing. I study and wait for a lot before any investment when I go to trust pilot I found they have excellent review 4.8. what do u want to say about it?
I think these reviews are simply bought. I find often that reviews were posted on a single day, so the chance these are bought are really high. Moreover, I also believe that the cloud mining operator incentives reviews by paying users for every review they make. Thus, this results in inflation of positive reviews which makes negative reviews less obvious. Therefore, I disagree to use TrustPilot for looking the legitimacy of a cloud mining site. Personally, I like reviews in forums and trusted blogs where you can the reputation of the user/writer.
 

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