Re: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁
Hi guys!
Just two points of information:
1) Topmine.io needs to be added to the list - (I currently have 10usd in it but this is as I enjoy gambling on these kind sites)
The site fulfills a full 8/8, and even pay users in DogeC just for visiting
, I doubt I will see my 10usd again - but hey.
2)NiceHash is legit IMO (NOTE: OPINION is different from FACT), the reason I say so is that I have mined (GPU RIG) through them, they are an intermediary between sellers and buyers of almost any hashpower, that take their cut from the trade. You can of course never make a profit as a buyer of hashpower, but selling it works out well. I do around 2USD a day using just my crappy R9270 and old ass CPU. I will honestly never understand why people invest in actual cloudmining (with the idea of making ROI), but then again people are dumb. (Ref: see point 1, where I have 10usd in topmine
)
EDIT: Their little app benchmarks your gear vs real time prices and switches mining algos automatically, quite nice. It is usually more profitable than normal pool mining because of the high rates that buyers pay
Love this thread by the way!
Just two points of information:
1) Topmine.io needs to be added to the list - (I currently have 10usd in it but this is as I enjoy gambling on these kind sites)
The site fulfills a full 8/8, and even pay users in DogeC just for visiting
, I doubt I will see my 10usd again - but hey.2)NiceHash is legit IMO (NOTE: OPINION is different from FACT), the reason I say so is that I have mined (GPU RIG) through them, they are an intermediary between sellers and buyers of almost any hashpower, that take their cut from the trade. You can of course never make a profit as a buyer of hashpower, but selling it works out well. I do around 2USD a day using just my crappy R9270 and old ass CPU. I will honestly never understand why people invest in actual cloudmining (with the idea of making ROI), but then again people are dumb. (Ref: see point 1, where I have 10usd in topmine
)EDIT: Their little app benchmarks your gear vs real time prices and switches mining algos automatically, quite nice. It is usually more profitable than normal pool mining because of the high rates that buyers pay
Love this thread by the way!
infact cloud mining is very unprofitable nowdays... the problem is that hashpower is never enough even in hashnest and genesis-mining or other legit companies. There's only 1 reliable company I know which offers full power even at different rents price and get some profit...