Hi guys!

Could You please help me out to push this true?
It's my flat's rental fee:)
Thanks in advance!

@examplens

I think you totally misunderstood it.
That thread I recommended is about how to identify scam cloud mining sites.
😶

I found this thread CLOUD MINING 101 really informative about the whole cloud mining aspect.
Indeed most of them are scam.
In the thread They have an easy method.
How to decide wether a cloud mining company is a scam or not.

Here it is:

https://bitcointalk.org/index.php?topic=878387.0

Lots of extremely valuable info there,worth the read.

What’s next then guys?You gonna update the list?

I agree,it's fulfilling all the criteria:(

I think so too that something is definitely going on.
I did continued my thread.
Have a look guys.

https://bitcointalk.org/index.php?topic=5156844.0

@Xilopopuma

Yes indeed.
But somehow that doubled daily payout,which is showing on the balance transaction section.
Did not went credited into the actual account balance.Otherwise I did notice it.
As everyday I send every btc out.
I did double checked this with a friend of mine who have the similar contract.
It is the same for him too.
On the balance sheet the payment doubled but it does not get credited into a real account balance.
Could you please check if thi i the ame ituation with you?

I find this discrepancy even more concerning.
I mean at least till now,the daily payouts minus the maintenance fee was precisely showing up on my balance.
Not anymore..
Theoretically I can have quadrupled daily payouts showing up on the transactions balance,it does not matter if it does not show up
on the balance where i can withdraw it from

Update:

I just checked and it seems this increase of the double amount of daily payout was fixed.
Right now it is showing the proper amount,instead of the doubled one.
It seem it was a bug.
I did not mind tough if this bug actually turning up on my withdrawable balance:D

I see.Thanks for taking a look into it.
Unfortunately they don't telling me which coin they mining.Nor any information about any mining pools involved.
What I know that I have an SHA 256 PRO contract.
The mining payouts they are not fluctuating,but nicely decreasing.

Allright,I did just received an email from the company to do a review about them on trust pilot.
I did it of course.
You can see the review here:
https://www.trustpilot.com/review/iqmining.com
I guess everybody know the name of the company now.

it is IQMINING.COM

You can find them here and all of the details about them:

https://iqmining.com

I'm certainly leaning to reveal their name too of course:)
I mean not much else left if I'd like to at least see what's going on.

I have a bit of an update in the meantime.
I got a message about the mining pools involved.
Which says the management decided not to provide any information about that.
I was invited the company here for discussing further if they wish to do it.
I’m super curious:)

@1referee
I have to say I was not aware of the crucial importance of a mining pool in the whole process till now

@steamtyme
The maintenance fee is deducted from the daily payout in BTC.
But in the contract they are counting the maintenance fee in USD.
That one for me seems right,I did not went into it,but everyday it is a smaller amount.
I think because the BTC price is getting higher.
I did checked on your link (I appreciate it,big thx:)which you kindly provided the calculator and meanwhile the calculator is forecasting 3,2
On the cloud mining site my forecast is 2,6 at the moment(it was originally 3,2)

This was enlightening
I spent time at the whattomine and the bitcoinwisdom calculator with not much success.
The maintenance fee is in my case:
: 0.001$ / 10 GH/s / 24h
I did not get any answer regarding mining pools..
I have 262281 GH/s hashrate for one year

Got it!Will do it:)

Appearantly I need to move the new thread to somewhere else.
This is an advice from the mod in the service thread
Will keep you posted

Recently,like yesterday midnight.
I had the idea to put all of the mined BTC into a 2x long position.
To hedge the decreasing daily payouts from the cloud mining company.
As I noticed if the price going up then my daly payout is decreasing.
This seems to me a logical solution.
What do you think?

As a consequence to all of your suggestions.
I just opened a thread under the name of:
Cloud mining questions II
Please take a look:

https://bitcointalk.org/index.php?topic=5156844.0

This is my second thread(the first one is deleted) about how to calculate profitability on a cloud mining site.

As they strictly avoiding to answer for any questions about profitability,and they are providing super vague answers.
I purchased a few contracts there to see how things are going before I send more btc in.

Now I'd like to conclude it somehow,that this  cloud mining company is a decent one,just they have a very bad and rude customer support.
Or this cloud mining company is a Ponzi scheme
All of this without to name them first,just to keep the biasses as neutral as possible

As a beginning here is the original thread salvaged and uploaded in PDF:

https://www.scribd.com/document/413987132/Cloud-Mining-Questions-Page-1
https://www.scribd.com/document/413987329/Cloud-Mining-Questions-Page-2

and here is the thread about my deleted original thread:

https://bitcointalk.org/index.php?topic=5156596.0

Looking forward to all the great discussions:)
@bones261 @Primenumber7

This is Awesome!!!

Lots of you responding,I'm very grateful for your support.
Absolutely thinking the same like most of you,that deleting the thread was a weird move to say the least.
I was totally surprised when I did not found my original thread also a bit bummed because of it.
Cause I was very careful to not violate any rules
I was even had a tough when the thread moved to the mining section :
-fuck this is weird-
But then my next thought was:
-Nevermind,probably a mod moved there,for sure they know what they are doing-

Let's just say for now,that as humans,we are all doing mistakes:)
I would not assume,there is a wested interest somewhere to delete such a thread like mine was:)
Which is going to be a quite informative one about the issue of cloud mining,thanks for all the participants.

I really hope we won't get deleted from here now on,as I follow all the rules of the forum,and probably the placement of this thread is ok.

Something else.
I was reading threads on this forums,around a year or a bit more.
When I had the idea to invest into this cloud mining company
Of course checked this forum too about reviews or scam accusations about my company,and for me it was not that easy to even find the topic of cloud mining.
Maybe it's just me.

Now,where would I restart my original thread?What would be the most fitting place for it in your opinion?

Recently my Cloud mining thread got deleted.
It is an informative one take a look on these links below
https://www.scribd.com/document/413987132/Cloud-Mining-Questions-Page-1
https://www.scribd.com/document/413987329/Cloud-Mining-Questions-Page-2