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Showing 4 of 4 results by toolman1986
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Board Mining
Re: Used to do some mining, but have forgotten how to!
by
toolman1986
on 21/06/2025, 19:14:18 UTC
It wasn't bitcoin, it was USDT I think. I did make some profit so don't believe I was scammed. I'm just intrigued what  site it was all done by as I made money even without anything physical
Post
Topic
Board Mining
Re: Used to do some mining, but have forgotten how to!
by
toolman1986
on 21/06/2025, 16:23:32 UTC
Hi,
It wasn't me that was banned, it was the person that gave me a referral link - I don't know all the details. I never had a physical machine or anything, it was all done online somehow - that's what I'm trying to work out what it was. Maybe I hired a mining machine?- could that be possible? All I know is I purchased different priced "rigs" that updated my earnings on a daily basis and then when it got to an amount, I could withdraw it.

Does that sound like anything that can be done? Or any ideas what I would have been doing?

Sorry I'm not much help!
Post
Topic
Board Mining
Topic OP
Used to do some mining, but have forgotten how to!
by
toolman1986
on 21/06/2025, 13:53:34 UTC
Hi there!

A few years ago I was introduced to mining through what I knew as a "rig" which I could purchase at different levels ($!00, $250 etc). I started with the $!00 as I was cautious to how it all works and manged to set it up to bring me in a few cents/dollars per day. I then saved up and bought another right which bought in higher amounts etc. However, I was then somehow banned because the person that recommended me had been using people to gain commissions (or something they weren't supposed to be doing) so my account got suspended and I couldn't withdraw my funds. As far as I was aware I was doing everything correctly etc

This put me off the whole mining thing, but have recently wanted to give it another go. As my thread title suggests, I have now forgotten what I did, but these were steps I can remember:

  • s was probably them getting commission)
  • I watched the account daily to see something like $0.20 go in each day
  • I saved up to then buy another right which I earnt commission on - I guess for referring myself?
  • When I got to a certain amount, I would somehow "withdraw" to an OKX account if I remember correctly.
  • I would then sell the crypto through OKX into $USD. I think the crypto was USDT? (Again, I can't remember too much and very new to all this)
  • Once sold, I then transferred to my bank account and job done

Now I have no idea where to start or how to do this process again. I was wondering if there is anyone here that could guide me through in really basic terms how to do what I did above. Or if there is anyone I can actually trust (ideally through recommendations on here) that could provide me with an original referral link (I'm happy to signup as your referral) and then also talk me through the process?

Or are there any websites that will allow me to buy a rig (I assume this is what I need to mine automatically)  for very cheap to start with? I'm happy if I only make a few cents a day, it's just the fun of it and learning I am interested in.

Thanks for your time and I look forward to your replies!


Post
Topic
Board Mining
Topic OP
Cloud Mining Questions from a Newbie(-ish)
by
toolman1986
on 30/08/2024, 19:32:50 UTC
Hi there,

I used to be a member of a service that allowed me to basically purchase a rig and it would then do the mining for me. The process wasn't too complicated to set up etc, but I am no longer a member of this company.

I believe this was cloud mining as I didn't have to purchase any hardware etc.

What I would like to know if there are any recommended companies or services that do the same? - I would purchase a rig, maybe starting at the lowest price, link it to my OKX account, wait a month or so for the earnings to go up, transfer the earnings to OKX and then sell them.

I am pretty new to this, so sorry my description or terminology is not quite right!

Could anyone recommend such a service I describe? And one that I can trust? I have seen one called Nicehash if that rings any bells with anyone?

Many thanks!