Quote from: SimplisticStu on January 20, 2015, 10:34:45 PM

Quote from: arvindr on January 20, 2015, 10:31:36 PM

I am just curious, as to how come some cloudmining companies shut down and some are still operating, even when it is not profitable ?

Be cautious, the ones opening could be ponzi's/scams however you want to brand it, especially if the gh/s is very low

well to be fair, some of the legit cloud mining companies have charged more for "maintance" then they are really paying out for things like electricity so they can somewhat afford to at least temporarily charge less then the actual cost of electricity in order to keep their miners running