Post
Topic
Board Beginners & Help
Re: Whats the best cloud mining site?
by
BitUsher
on 04/11/2014, 13:20:58 UTC
Either way neither is making money, getting frustrated, investing in some PoS scamcoin due to frustration with PoW and than possibly leaving the crypto-currency scene altogether.

Lets be honest. Someone show me one example where you can turn a profit mining.

Why do you people sound so desperate ?

It is not desperation, but simply ones ethical duty to be honest about the ramifications of their actions.
Some people rationalize promoting cloud mining as an affiliate or directly because they figure that ultimately they are promoting the hashing power of the network and earning a profit doing so and the expense of a newbie making a negative profit is justified.

I am merely suggesting that this behavior is hurting the Bitcoin ecosystem by promoting centralization and discrediting us through dishonesty. All of these users who cannot do the math or are mislead by calculators that don't reflect difficulty increasing will eventually realize in 4-5 months that they just lost a certain percentage of their investment and their is no possible way to turn a profit.