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What do you think about online cloud mining ?

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I can't imagine mining because some friends who weren't mining led me to mine and said that mining is not profitable. Giving too little is not a good time to start your trading. 

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This method is not really guaranteed to achieve profits and most of the time it is a fraud. You can lose your money if you deposit it with these sites, so you should be careful when dealing with these sites.

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Most cloud service media are easy to work with and sometimes they are not paid for by lenders. There have been many allegations against people who go on a date without taking my money. Research and examine carefully before investing in any of these services.

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I can write articles about this, but in short, stay away from mining, all mining promises are fake , you will end up wasting your time and energy on worthless things. The best way to earn money in cryptocurrency is to work on this forum or trade, all the other promises or faucets are fake, beware my friend.

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To my knowledge cloud mining is also a good option where you have to invest according to your own ability or situation. Note, however, that not all excavation sites are really careful in choosing a site.

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Yes, all of the websites and mobile application s that claim that they mine cryptocurrency, are fake. I have tried a lot of these but unfortunately I didn't get any payment from the websites. They are fully fake.You have to invest minimum money for trading. If you want to mine then you have to invest a lot of money.

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Mining sites must be legally registered, if not, then it is a scam, something that only requires depositing and then earning satoshis, without generating commissions for maintenance and energy consumption is just a way to catch beginners, that is, a pyramidal system.

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I think minor is very riskey. There are many site deals with minning. But most of them are fake. I am not used it. But my friend told me its a wastage of time. There are more dificult to choice the right websites. 

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13 minutes ago, Aya deeb said:

Mining needs huge capital, and I think that all sites that claim mining are fake sites, as you cannot invest in mining with low capital, if you really want to start, you have to trade in my opinion.

Using sites for mining will not even bronf any profit if the sites are legit but most sites are fake and the reason we need to mine from our miners while mining pool will help. 

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Yes I get the information about the cloud mining on this forum recently. One day I was learning about the mining then in one post I read all about the mining it contains the information about the mining. That's why I think about the cloud mining.

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I think the online cloud mining is real and there are many sites that offer you to make the investments in the mining sites and you do not have to buy all these things by yourself and you will be able to make it.

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For everybody that said ALL mining sites are scams - Your Wrong !!!!!!!! Are there scam mining sites promising riches ?¿?¿ Of course there are. Just as there are HYIP scam sites, scam exchanges, scam escorts, etc. But, if you did your research & homework properly, you would find that there are real mining sites, where you can earn good money from your investments.

 

Heres a web page where you can find quality info regarding mining sites - https://www.cryptocompare.com/mining/#/companies

 

I am promoting Genesis Mining & Ecos Mining. I have posted screen shots of my contracts, payouts, withdrawals, etc. To prove that they are real & Im investing in what I am selling. You can find both here in the Forum, in referral links or mining section.

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Earn Free Bit-Coins. Every hour you can win up to $200 USD in BTC.

https://freebitco.in/?r=41529082

1100388917_FreeBitco_in3.png.3817f1e8269d8e972cacf1276f358331.png

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Online cloud mining is very risky and bad. I will not recommend it to anyone. There are many sites and I will definitely say be aware of them all because there are many fraud and fake sites. You need to take care. You need to avoid wasting time on these. 

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Mining needs appliances and they are really expensive ones, and I cannot understand how it is possible fr someone to do cloud mining? I have read that it is a group of people that buy those appliances and start selling shares of the profit in exchange of the amount of money that you invest with them, for me I do not dare to make such a risky thing and I prefer to stick to trading, because I find it more reasonable.

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20 hours ago, David84 said:

Mining needs appliances and they are really expensive ones, and I cannot understand how it is possible fr someone to do cloud mining? I have read that it is a group of people that buy those appliances and start selling shares of the profit in exchange of the amount of money that you invest with them, for me I do not dare to make such a risky thing and I prefer to stick to trading, because I find it more reasonable.

Actually your right @David84  mining expensive now a time that's why some reliable companies made cloud mining system, where we need to buy some package and being the part of that cloud mining system, and they distributes our profit according our buying plans,

but the worst part of these cloud mining is only 5% of cloud mining site's reliable and trusted and other all fake, so better to don't invest amount in those sites, try to learn trading and generate profit according our skills.

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Cloud mining is the process of cryptocurrency mining utilizing a remote datacenter with shared processing power.[1] This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware. The mining rigs are housed and maintained in a facility owned by mining company and the customer simply needs to register and purchase mining contracts or shares.[2] Since cloud mining is provided as a service, there is generally some cost and this can result in lower returns for the miner

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a large part of cloud mining are scams, and even if they are not, the initial investment is hard to recover, then it is not the time to invest in bitcoin, they must be jealously preserved


 

 

 

 
 
 

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Just a waste of your time. If you want to invest your time in useful things, stay away from mining cryptocurrencies through fake applications and websites. Many people have tried this before you and regretted the lack of credibility of the sites and applications they were working through. Let us assume that they are not fake and you were able to get profits through them, the profit will be very little  Not worth the time you wasted on it.

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I have a good experience in mining process, for further information visit my profile I describe in a very detailed in easy manner. I also received a withdraw by mining app so that's why I enjoy, but one important thing is that someone shared it consume more battery or distroy phone but my mobile phone condition is good, run with good speed. So I suggest mine app and earn without investment. 

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Sorry brother i am this paltform i can't understnd what is mining ? And how we start mining ? Theses question to join me this platform. I will learn the how mining start and earn the money this is very usefull for us....

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I think that cloud mining is a fake scam, so I cannot trust someone I do not know and there are no official papers between us and therefore I will not risk and give him money to mine.

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In general,There are many such sites in the crypto world, but not all of them are reliable. Actually,mining online can be very much beneficial for the users to generate more side incomes but there should be some trustworthy sites which will not be damaged. Because,most of this website are scams they maybe in the first give you some profit and after that, their website closed or stop paying.

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