Quote from: Slow death on August 29, 2018, 03:45:45 PM

Quote from: Litecoindigger on August 17, 2018, 02:33:06 PM

Quote from: Slow death on August 17, 2018, 09:11:15 AM

Why does every cloud mining site only show the equipment and does not show the outside of where the equipment is? Is it because this mining activity is illegal in some countries? I have not yet seen a cloud mining company show any license

I think security reasons. There was one case in Iceland where a robbery was done and miners were stolen. But I unterstand this point of hiding the place. Pictures or videos from inside the farm are enough for me if they are detailed.

I still distrust much of these cloud mining, because governments will eventually require licensing, will require cloud mining companies to make contract work with their workers. In sum, governments are going to regulate this sector of cloud mining, and knowing that many people who create cloud mining do not seem to have a very transparent business model, we will have damages for investors. I could be wrong

Well, but it's not cloudmining they are doing, it's profit sharing mining, so it's like a normal big mining farm. If mining is banned in a country, all farms will be banned.

Quote from: bigmelons25 on August 29, 2018, 04:42:47 PM

These aren't worth investing in whatsoever. Remember that Ice rock mining bs ICO, it is a massive failure and investors lost a ton of money.

Why do you think they are worthless? I think such business models are perfect opportunities to get a share in global mining. And in addition I think you wanted to mention Envion Mining instead of Icerock Mining. Icerock is setting up the operation now and pretty successful compared to other ones.
Envion is a massive failure and those who sold at a loss, lost a ton of money because their CEO run away with all the money, but there is still hope they can catch him, put him in prison for lifetime and use the money to start their operations. But finally I think Envion will end as a scam, I'm not really optimistic about this mess company, I had luck to have not bought their tokens.