Post
Topic
Board Beginners & Help
Re: Whats the best cloud mining site?
by
SpanishSoldier
on 03/11/2014, 15:15:48 UTC
I am at the CEX.IO atm, is there any better since on cex, fees are really high?

I'm trying out cloudmining.website. As promotional offer they are giving 0.001 BTC/GHS. If u chose them to use, please use my referral www.cloudmining.website

The price 0.001 btc / GHS sounds a bit too good to be true IMHO. You'd better be careful before buying hashrate from it.

Someone asked the same Q in their thread. Following is an excerpt...

This is the lowest I have come across so far. How do u guys offer GHs at such a low rate ?

There are multiple factors that enable us to offer low rate like cheap electricity etc. as you will find in FAQ. But, to be honest, the current rate is a promotional offer and we will not offer this for long...

Even if they have free electricity and relatively cheap ASIC directly from manufacturers, the price is as I said a bit too good to be true.
The price is that low possibly just because the site wants to attract customers, or it could be something less pleasant. I don't know which one is the real case, and so I would play safe here.
Just my two cents. Smiley

That is a very rational approach in my opinion. I dont want to miss this low offer too... Just awaiting some confirmations that they are paying out.