mining I never liked cloud mining

[Keith700 1885]

The fact of disagreeing with this type of practice is very simple: they are very tempting to become scams.
98% of the mining in the cloud are simple hyips, although the real ones are also hyps but with physical devices, this will never imply that they are free of this type of practice.
Why should I be mining in the cloud? It makes no sense, for that I buy my own devices and learn to configure them, cloud mining can be for the ignorant or simple lazy who do not want to learn direct technicality.
In fact, mining in the cloud is meaningless, it is an out of place concept, it is just one more trick of this world, don't you think?

[mostawda3 425]

Cloud mining is a trick to defraud members, if a person is able to cloud mining why it will give you part of his profits?
It is confusing and incomprehensible

[nameste 16]

i also do not like the cloud things at all, its kind of a junk just paying money and getting some cloud process, But it ist very profitable why they are renting that mining tool to others, they always have stock on their hand right. i cant understand that idea

[Keith700 1885]

On 10/24/2019 at 12:44 PM, lancer826 said:

Well its one of the most common things we should consider to not do its the worst lazsiest thing we could ever do what is cloud mining for when your just gonna get scammed everytime.

I see it as a bad practice of the concept of real mining, it should not be considered a serious environment to be part of a page that only puts some evidence of its farms, it is something ironic, it is like trying to compare onecoin with bitcoin, that is why I have always cataloged that as pages hyips, no matter how serious it is.

[oecp85 58]

On 10/18/2019 at 3:17 PM, Keith700 said:

The fact of disagreeing with this type of practice is very simple: they are very tempting to become scams.
98% of the mining in the cloud are simple hyips, although the real ones are also hyps but with physical devices, this will never imply that they are free of this type of practice.
Why should I be mining in the cloud? It makes no sense, for that I buy my own devices and learn to configure them, cloud mining can be for the ignorant or simple lazy who do not want to learn direct technicality.
In fact, mining in the cloud is meaningless, it is an out of place concept, it is just one more trick of this world, don't you think?

Hello, I have a lot of bad histories with cloud mining, all the time that I put some money on it the result is lost and one time I was scammed really hard with a hyp cloud mining site that was my worst lost in crypto they just close and run away, I know that a lot of people have the skills to take advantage of cloud mining but in my casa l quit to it now only work with my own mining equipment. Good luck. 👍

[Rares002 262]

Investing in mining cloud is basically like gambling. You never know when the project is going to stop paying because all have different periods they remain active. Some are paying for just a few days others even for a few months 

[jmigdlc99 360]

In no way is cloud mining a HYIP nor is it advertised as one. If you see a company boasting of large returns on mining then you better head for the hills because that is obviously a scam.

Mining profit margins today are so low even for real home miners, what more for cloud miners.

[Lubruselu 2803]

You are right no one can like things that is non profit like cloud mining, I also dont like it anymore but many people like it they thought that bitcoin cloud mining is profitable.

Edited November 8, 2019 by Lubruselu

[Keith700 1885]

On 11/3/2019 at 4:23 AM, alther said:

That's the world, where the gap to make money there he will try ways to be able to take part in getting. Maybe that's the exact word for Cloud mining. Because mining is very necessary in the world of cryptocurrence, this was created. Mine in the cloud. Yes indeed in his work right and not wrong it can, but taking advantage of selling something that is not sure the benefits are what makes me think cloud mining is wrong.

Seeing that mining is necessary, they take that issue as a hook for newbies, everything is done so that cloud minings stop appearing or decrease greatly since they are only fake sites that do not guarantee money security.

Mining in the cloud is a very empty concept, mining must be real and physical not fictitious, don't you think? They are details to analyze.

[Sujonhossain 8]

Cloud mining has received payment to date.Let me know if anyone has got a paymen.  I have worked in many cloud mining places to this day to get no payment.

[avatarkiyoshi 270]

On 10/19/2019 at 2:40 PM, nameste said:

i also do not like the cloud things at all, its kind of a junk just paying money and getting some cloud process, But it ist very profitable why they are renting that mining tool to others, they always have stock on their hand right. i cant understand that idea

They're basically HYIP, if you are a late investor, you got nothing.
I agree with OP, it's better to configure the mining equipment by itself, it's give us experience and we learn how mining works.

[Jimmy 437]

Me too dude, I really hate this cloud mining they make newbies in their scams with ponzi schemes, this is very dangerous and newbies out there need to be educated about the dangers of cloud mining.

[scorpiali 5626]

I have a very bad experience with cloud mining i remember Cryptomining farm i have invest a lot of my capital in Crypto and finally the website is stop paying, the coin UNIT is fall down with cryptopia, now i don't know any cloud mining still work hashflare and other is gone and stop her services

[ASDFGHJKL17 267]

Me too, I'd never did liking cloud mining or any mining, because for me it's just a waste of electricity, yes it's profitable but i don't like the way that mining is working for 24/7 and it really waste electricity. 

[aqua 773]

Cloud mining today is not recommended, and it can give you a scam if you don't be careful. There are so many cloud mining available on the internet, but there are not all of the cloud mining can give you the profit in some period. You will be difficult to reach the ROI because if you invest your money in cloud mining, you need to be patient to see you can make a profit every day. Besides that, you will know that you will have a long time to reach the ROI, and it could not always give you the profit if cloud mining becomes a scam.

[Crypto123 0]

The basic idea in cloud mining is to save the investor the price of mining equipment, electricity bill, internet and maintenance, and this in principle is a good thing, but the main problem lies in two things:
The first problem is that most of these companies are deceptive and scamming and give you a lot of false promises and eventually steal your money.
The second problem: Yes there are some sincere companies, but the difficulties of mining are constantly increasing so these companies reduce your profits constantly until they become nothing and can not recover the amount you put in investing in these sites.
So you are in both cases a loser.

[Naga 1250]

On 12/3/2019 at 12:15 PM, Goodcoin said:

Some cloud mining are just scam. Scammers will offer high profit cloud mining to lure you to invest in it. And if you invest, you have just been scammed. 

Not all are scam but the profit is small if they are real. 

Doesn't matter of not all of them are scam but what we know are rhat a lot of thwm are scammers and we heard the stories of those who last 30k on online mining scams. So better be safe and just trade

[xprince1996 865]

On 12/1/2019 at 6:22 PM, ASDFGHJKL17 said:

Me too, I'd never did liking cloud mining or any mining, because for me it's just a waste of electricity, yes it's profitable but i don't like the way that mining is working for 24/7 and it really waste electricity. 

Yeah we were the same i never like any mining too because i believe that it is just wasting of the resources i rather invest and trade to gain a profit.

[Naga 1250]

17 minutes ago, xprince1996 said:

Yeah we were the same i never like any mining too because i believe that it is just wasting of the resources i rather invest and trade to gain a profit.

You both are saying its  a waste of electricity but what if all the minors decided to stop bitxoin mining? Just remember that the  Bitxoin you arw buying now is actually mined by those who waste electricity as you put it.

[xprince1996 865]

7 hours ago, Naga said:

You both are saying its  a waste of electricity but what if all the minors decided to stop bitxoin mining? Just remember that the  Bitxoin you are buying now is actually mined by those who waste electricity as you put it.

There is an alternative way to get a source of electricity but it was also expensive it is so-called solar energy. Those who mine the first bitcoin on the young days of mining will surely get their ROI and don't have any problem now to the cost of mining that's why they will keep mining. Mining is not advisable to those new miners that will start their journey in mining bitcoin.

[Naga 1250]

5 hours ago, xprince1996 said:

There is an alternative way to get a source of electricity but it was also expensive it is so-called solar energy. Those who mine the first bitcoin on the young days of mining will surely get their ROI and don't have any problem now to the cost of mining that's why they will keep mining. Mining is not advisable to those new miners that will start their journey in mining bitcoin.

Solar energy is a good option for electricity but If we closes mining only for electricity we generate feom.solar power then mining would only be in Australia and the desert of texas and aome African countries.  Mind you that there are a lot of countries where electricity aint that expensive. 

[Sohel Rana Sazzad 453]

I am dislike all cloud mining . Most of all cloud mining is fake . They sodomize payment for any work but I work it . They get payment when I invest it's site

[xprince1996 865]

21 hours ago, Naga said:

Solar energy is a good option for electricity but If we closes mining only for electricity we generate feom.solar power then mining would only be in Australia and the desert of texas and aome African countries.  Mind you that there are a lot of countries where electricity aint that expensive. 

Yes, I know that but once the electric company knows that you are mining and using above-average electric they will surely charge you additional charges that's why electricity cost is the big problem for all miners that didn't use solar energy.

[BullRunBit 2773]

On 10/18/2019 at 12:17 PM, Keith700 said:

The fact of disagreeing with this type of practice is very simple: they are very tempting to become scams.
98% of the mining in the cloud are simple hyips, although the real ones are also hyps but with physical devices, this will never imply that they are free of this type of practice.
Why should I be mining in the cloud? It makes no sense, for that I buy my own devices and learn to configure them, cloud mining can be for the ignorant or simple lazy who do not want to learn direct technicality.
In fact, mining in the cloud is meaningless, it is an out of place concept, it is just one more trick of this world, don't you think?

Simple questions, is it better to have rig/s or to rent?

Is it better to invest to buy rig/s or to invest to rent rig/s?

And like you say over 90% is scams, and currently I know for just one site which rent rig/s and all others are gone.

[emilionogueira 10]

I like cloud minning. Theconcept, the idea can be a good one. It can be a real and the company and the costumer can earns coins. But I don´t like the scams and in internet today you will find 99% of scam. So a good concept with a evil enviroment