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kirubel

Is cloud mining legit?

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Is there any legit cloud mining that really pays and have profits? i heard btconline is legit but they don't pay unless you bay some platforms but some says i bought platform but still don't get the payment. if you had any excrescence on cloud mining tell us   

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In some cases it is legit. some of websites are running from years and giving earning through cloud mining. they have real equipment and also their team also can be identified on different social channels. but mostly cloud mining sites are not legit. 

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There is nothing special unlike other services and also cloud mining offers terms of use. You need to choose which one to trust your funds and use. 

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1 hour ago, kirubel said:

can you suggest me some sites with little investing and high rate of mining speed i wont to try them and thanks, mining seems easy you can't do any thing just receive your money i really wont to try some legit sites

There are two sites which are seems to be very legit and paying from last 5 years. these are Genesis Mining and Hashflare. you can search them on youtube. Do your own studies and then invest at your on risk

Edited by Romaan1987

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1 hour ago, kirubel said:

Is there any legit cloud mining that really pays and have profits? i heard btconline is legit but they don't pay unless you bay some platforms but some says i bought platform but still don't get the payment. if you had any excrescence on cloud mining tell us   

Cloud mining is legal, you only need a home computer for communication, a bitcoin wallet. You don't need in-depth knowledge of mining hardware, or buying expensive hardware that is difficult to obtain.

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Lots of legitimate and paying cloud mining and a lot of scammer cloud mining sites too, so please be careful. my experience uses a lot of cloud mining sites, only Eobot and Hashflare pay, though it is less profitable.

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3 hours ago, kirubel said:

Is there any legit cloud mining that really pays and have profits? i heard btconline is legit but they don't pay unless you bay some platforms but some says i bought platform but still don't get the payment. if you had any excrescence on cloud mining tell us   

If you appreciate your time, your equipment, your electricity, forget this type of business. there is nothing to look for there , it is important to know about these projects, but do not invest anything there. 


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3 hours ago, kirubel said:

Is there any legit cloud mining that really pays and have profits? i heard btconline is legit but they don't pay unless you bay some platforms but some says i bought platform but still don't get the payment. if you had any excrescence on cloud mining tell us   

Cloud mining only pay you when you buy any package or you can refer many people. But most of the cloud mining is fake. They pay you somedays then they don't pay you again. So be carefulabout it.

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I can say that 96% of clouds mining which available on internet they are scammers but I only know one legit cloud mining which is genesis mining


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2 hours ago, Jamil1011 said:

There are some cloud mining available which actually pay you and you get a good profit.But all of them demands a big amount of deposite to buy hashrate.

there are few legit ones yea but i dont think its even worth it to do mining while you can just use your bitcoin to trade with, you will have greater returns indeed.

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yes some of them are legit but most of ther are scam. be aware about scam sites and do not invest you money in them.check reviews on google and make sure that they are legal

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4 hours ago, kirubel said:

Is there any legit cloud mining that really pays and have profits? i heard btconline is legit but they don't pay unless you bay some platforms but some says i bought platform but still don't get the payment. if you had any excrescence on cloud mining tell us   

I personally stay away from cloud mining. It's better to just buy your own ASIC and join a mining pool. It's not worth the rent and profit. Even having your own mining rig could be difficult to be profitable, but is more reliable.

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I believe cloud mining is legal. But in my opinion meaningless. The payback period is long and during this time a lot of that may change as the price and the site itself.

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4 hours ago, kirubel said:

Is there any legit cloud mining that really pays and have profits? i heard btconline is legit but they don't pay unless you bay some platforms but some says i bought platform but still don't get the payment. if you had any excrescence on cloud mining tell us   

I think cloud mining is indeed legit. info that I read most miners have used this platform as a place of their trust. so that I think is proof that this platform is not deceptive. although I myself have not proven it.

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The reason there are so many cloud mining scams is because it is very easy for anyone in the world to setup a website. Once the website is setup it can claim that the company has a large mining facility. The company can act legit by sending initial payments to its customers.

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2 hours ago, kirubel said:

yeah i am not going to west my good money on any cloud mining but some you-tubers posted some cloud mining but to get benefit i have to invest large amount of money which i don't have 

That's right the Youtubers! some are good others not really, some videos so good, they are old and are from an era where maybe it was profitable.

You must careful with information that must be updated.


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Some cloud mining are legit giving regular payout to their invest but many cloud mining site came and become scam within month or in a year.must learn properly before invest in cloud mining. Mostly sites are fake.

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Yes, there was cloud mining site that is legit and profitable. CryptoUniverse is one of the best example of cloud mining. You can search about this if you are interested.

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yes this is still doubtful because between legitimate and not but there are still many mining sites that can provide benefits and look for the official mining

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There are many cloud mining sites in the internet and most of them are scam, there are only few cloud mining sites that you can trust when in comes to money because many cloud mining sites are just say that if you want to withdraw it, you will be wait for 30 days until you get nothing.

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18 hours ago, kirubel said:

Is there any legit cloud mining that really pays and have profits? i heard btconline is legit but they don't pay unless you bay some platforms but some says i bought platform but still don't get the payment. if you had any excrescence on cloud mining tell us   

No not at all please dont invest money in cloud mining , you might have seen some youtuber  giving payment proofs , yes it pays for just 3-4 days only , the youtuber will get referal earning and they wont matters for your investment . so i suggest dont invest

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16 minutes ago, kirubel said:

thanks dude,  you are totally right, they have meany referrals and the referrals deposit so they get payed i think thats the advantage they are payed.

yes man , we should always stay away from such kinds of scammers , they only cares is money from other

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On 12/22/2019 at 4:26 PM, kirubel said:

Is there any legit cloud mining that really pays and have profits? i heard btconline is legit but they don't pay unless you bay some platforms but some says i bought platform but still don't get the payment. if you had any excrescence on cloud mining tell us   

since 2016 I have not been interested in buying a plan from cloud mining. there is no guarantee that can be held, from what I experienced almost all cloud mining scams and may also use a pyramid system to pay for the benefits of the user.

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There is no doubt there are lot of websites which are scam even on the name of cloud mining and its true and legit that cloud mining is paying and people are earning from it and again the thing is that you will have to look around and search about sites of cloud mining where they are legit and paying then do invest overthere.

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It's depend on the situation, Cloud mining was HYIP And not an real mining that i know so far and if you join too late chance to loss was really big but if you join earlier there is chance you can get some profit but i suggest avoid to invest in something like this.

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