mining I never liked cloud mining

[KarlJohn1 56]

On 12/29/2020 at 5:41 AM, Mizanht8 said:

Dude, this is actually a fraud cycle. Tell you that you can earn a lot of bitcoin by mining bitcoin. But they take it away from many people and later scam it. As a result, everyone who invests or works on the site is a victim of fraud, so be careful of all these sites. But you can work if you are 100% trusted.

There are legit ones but you are not wrong, most cloud mining are fake, the good ones are not was to make money, they can be profitable today and become not profitable tomorrow, cloud mining is not good. 

[RoyalHouse01 9]

I do not like the mining which are the cloud based for the same reason they are just the scammers who only steal money from you and your friends and many other people.

[Mahmod aljarah 1383]

I do not think that all people have the financial ability to buy high-spec mining equipment and have excellent cooling systems because they are very expensive, so some resort to cloud mining.

[duygumtr 24]

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.

[Shevchik 192]

Most if not all of the cloud mining is a hyip or a scam. I only really seen a real cloud mining once, but you rented actual hardware there, and had access to it's OS. But even in that case you paid almost as much as you would gain from default mining, so it was profitable only if you mined promising coins, or knew how to crank your hardware up to the max.

So stay away from cloud mining, even if you like risking in hyips, because it might just be a scam.

Edited January 22, 2021 by Shevchik

[taimur92747 60]

On 10/19/2019 at 12:17 AM, 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?

Yes most of cloud mining sit just waste your time. I have been familiar with crypto world from about 1 year and till now I never faced a legit mining site. All I have visited are scam. 

[Penata 324]

I don't like cloud mining also because of bad experience from it. All of them are scam and they don't pay to their user i am a victim of it because before you can start mining you need to avail first their plan and deposit money. But after that you can't get anything from it and you can't get your money back.

[Hasnain Afzal 102]

I cannot understand about cloud so i cannot use it .and some of my friends giving information about cloud and i think this is bad site . Only earning money is not our work we should guide the people with the help of our post and we should choose the best site for earning.

[huesca123 946]

@Keith700  I think you dont have a clue what your talking about, in regards to cloud mining. Cloud mining gives many people the opportunity to mine different coins, that normally they wouldnt be able to. About buying your own rig, that takes a lot of knowledge on how to set it up, run it, maintain it, etc. Then the better more profitable rigs are very expensive, not everybody can afford them.

 

There are many scam mining companies, that I give you. But there are also many scam exchanges, HYIP, escorts, etc. Scams are everywhere not just with cloud mining companies. I have been cloud mining now for over 4 yrs, with a couple of good companies. Ive made good money also.

[Alex Morgan 420]

I don't say or feel anything like like or dislike about mining. Actually it is the profit which matter profit and this is reality that mining is not very much profit able these days. Also it is people who make scam. 

 

[Rozy 1918]

If you do not have enough money to buy the expensive equipment, and you cannot use your devise whether it is laptop or mobile phone, you might fear for it not to get damaged, you can resort to cloud mining, but in general mining is not such a good idea because the profit is very small, and the best thing if you want to earn a lot is to learn about trading.  

[JanBomCrypto 494]

Who likes cloud mining will soon hate it after they have already list their money to the cloud mining sites. They should be regarded as scam mining sites not cloud mining sites because they are all scammers. 

[AdCoins135 37]

People should first know what cloud mining is before they should venture into it. Cloud mining means you will give money to someone to mine for you. You have not seen the person before,most or all have no known companies, people do not know where they are located. Should they be trusted. Only fools will trust cloud mining mining sites. 

[Lx Lana 40]

Yeah cloud mining actions eventually ends up without getting any profit. Most of cloud mining platforms are eventually truing into the scams. Some sites need payments to increase the hash rate. Just be aware from malicious scamming sites.  

[teebasas 3018]

Cloud mining is also something I dislike. I don't suggest investing in any cloud mining because 90% of cloud mining isn't legitimate, and those that are legitimate don't pay out very well. So go ahead and build your own mining rig and start mining for yourself.

[Adam Stieve 18]

Thankyou for your opioun but in this world many billons people allive and every poeple have our opioun. If you ask my opioun so i tell you u are wrong because many billons people earn the money of work the mining.

[Rutherford Adam 67]

Hehe dear everybody have their different mindset.But I likes it too much and I also earn a good money from it.I used the crypto cloud browsing this is too much beneficial and good for me.

[Nnnbht 502]

Cloud mining is a trap to hunt people who did not delve into the field well and did not understand the mining mechanism and requirements, so they often fall victim to fraudsters.

[Reen 1120]

Actually, The idea of cloud mining 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. Previously, I have joined many cloud mining sites but i haven't received any payment. So I don't work on it anymore because i waste of my investment and faces bad experienced on it. Then i decided to avoid invest in cloud mining program.