Post
Topic
Board Service Discussion
Re: SHA-256 Contracts - No Payouts
by
1Referee
on 30/08/2018, 22:17:29 UTC
It feels like I'm wasting time trying to help people realize that.

I feel you. By the time you made one person aware of the fact that cloud mining is a shithole, a dozen of newbies have blindly entered the cloud mining space.

In the end I still believe that the best way for people to learn that cloud mining (or basically any other investment scheme) is rubbish, is to have them lose money. If you are being rewarded for doing stupid things you will never learn. In order to understand that what you did was wrong, you have to get burned, and this for most people should be a sufficient wake-up call.

The only thing with cloud mining is that the process of losing money is very slow with how services can pay users for months without any problems, so in most cases it will take a month or six for people to at least acknowledge their loss.