Post
Topic
Board Service Discussion
Re: Cloud Mining Scam or legit
by
vintages
on 11/10/2017, 10:55:09 UTC
I am pretty new to bitcoin and have basically been using faucet sites to get started.
I know faucets are slow and labourious but at least they are giving me an insite into how bitcoin works
Cloud mining is something that i am seeing advertised a lot.
People will say it is a scam
Some people will say it is not a scam I know that

I would just like everyones opinion on it if that is ok

So is cloud mining a scam yes or no

Reasons why appreciated

Many Thanks

OP, I was once in your shoe.
When I first started with bitcoin, I did  quite a lot of faucet, viewing ad and so sort of others things.
Then I saw cloud mining and I thought it was the deal and better than faucet, guess what, I was cheated!
I paid but wasn't evening receiving the profit of what I paid for, it will take you months to recover your normal payments not to talk of the normal profits. There will be a time that they stop paying and they will expect you to upgrade..(another scam).
My opinion OP is that they are not worth it, though you might find good ones but it will b quite hard.