Quote from: philipma1957 on June 07, 2014, 10:57:54 AM

Quote from: jonnybravo0311 on June 07, 2014, 12:45:41 AM

Quote from: murraypaul on June 05, 2014, 09:20:21 AM

Quote from: easy8 on June 05, 2014, 09:14:40 AM

i have read about cloud mining, i am really interested in it now. is that something you would try? looks like you don't have the hassle of building, maintaining, updating a miner, but you can just rent it from those who have comparative advantage: the cloud miners.
look, for example here's a review. https://cloudmining.guru/wp/category/reviews/
the review is even comparing and ranking the existing services.
what do you think?
or is it a dead end? what's the general view on cloud mining services?

They charge you more than you will ever make.
Think about it, why would they sell you a dollar for 75 cents?

You just absolutely perfectly summed up cloud mining. +1

they sold me 737 usd contract in June of 2013 . I have collected about 400 usd contract ends this July. I will collect about 20 usd more. My loss will be about 300 usd.

As to making a profit at this the op made some poor choices. It happens. As you can see I made a poor choice with cloudhasher.

To all new miners I suggest buying 2 miners cost of .2btc from this seller. maybe you need a hub and 2 power bricks so lets say .25btc or 150-160 usd

https://bitcointalk.org/index.php?topic=629006.0

I also suggest taking .25btc and leaving it untouched in a second btc wallet. so you spend .5 btc total or 325 usd.

Then mine 1 of the 2 miners at an easy pool like bitminter.com

and learn to solo mine with the second miner.

Leaving the matching .25btc untouched.

visit your totals in a month and see what you have. do this once a month for six months. see what you have.

by cloudhasher you meant cloudhashing.com?