Re: [ANN] CMX - CloudMiningIndex (CloudPack)

You can't diversify risks when it's impossible to ROI from any cloud mining contracts offered from any currently operating business.

There is a market for OneCoin aswell, doesn't make it less of a scam. Also you can't assure liquidity on exchanges on a mid to long term, only investors and market makers can, you won't swallow a loss just to make liquidity.

This project raises so many red flags, it's not even funny that you try to make something like this work.

I am with traumschiff.
Lost a lot of money from cloud mining contracts way back.
I learned my lesson the hard way. Invest in actual hardware instead. At least if everything goes bad, you still have your piece of equipment with you.
But it's up to the investors if they want to take the risk.
And for me, that's a NO NO already.

Thank you for your opinion!
Really, we are investing not only in Cloud Mining.

We invest in mining hardware directly p2p. If you want to set up your own rig - just tell us, you will get funded.

Mining hardware is just as useless if you are not located in China w "free" electricity or some of the colder US state or Iceland or whatever. The ROI margin is so thin that only the biggest players profit from the market or insiders who gain the modern mining equipment pre public release (before difficulites rise). If you would be an insider, you would be mining already with these miners and wouldn't ask for others money first.

As I already wrote, so many red flags it hurts. I see no chance that there will be any profit in a project like this for investors.