I always wanted to mine but never had enough resource. Over month, I have gathered around 0.11BTC from faucets and twitter giveaways, with which I want to buy hash power. The cheapest one I see around is offered by www.cloudmining.website, which is 0.001 BTC/GHs. But, before I invest, I'd like to know what people want to say about their experience about this service. As it seems, at current difficulty, I should reach ROI at 4 month. Please advise...
Update 30/03/2015: In fact, I invested 0.11BTC in this service and have already made ROI.
Update 11/07/2015: They are paying consistently for more than eight months now and they publish the blockchain payment proof - www.cloudmining.website/payments.php. Moreover, according to a third party cloud mining monitor, www.CloudMining.website delivered ROI within ~114 days...
Conclusion: Initially, I took them with a grain of salt, but, after eight months, I can definitely say, they are trustworthy...
Update 30/03/2015: In fact, I invested 0.11BTC in this service and have already made ROI.
Update 11/07/2015: They are paying consistently for more than eight months now and they publish the blockchain payment proof - www.cloudmining.website/payments.php. Moreover, according to a third party cloud mining monitor, www.CloudMining.website delivered ROI within ~114 days...
Conclusion: Initially, I took them with a grain of salt, but, after eight months, I can definitely say, they are trustworthy...
If you're interested in cloud mining, don't go for the ones who offer more than it is possible to earn. these are likely to be Ponzi schemes or even scams.
The best way to mine in the cloud is to mine and trade your Ghs at the same time. I have been using Hashnest.com (https://www.hashnest.com) which is the Bitmain cloud mining services, and I can assure that you can take some profits. (if you trade your ghs and mine at the same time)
If you take some time to research about hashnest you will find that it is one of the best options for cloud mining.