Cloud mining reddit

Cloud mining reddit. It offers a more accessible avenue to mining, eliminating hardware and operational challenges. As the world transitions towards cle The mining sector offers a wide range of career opportunities, from entry-level positions to executive roles. In other words: Cloud mining WOULD make sense, But the demand-hype in the marketplace prevents this from happening, since there are too many other people willing to buy these mining contracts even if they will lose money --- that it is almost impossible to buy a mining contract that is likely to have high profits for you, or alternatively, that So, as most of us can't afford to own Antminer or similar hardware for the sake of mining, I was looking for other alternatives. Whether you’re just starting out or looking to advance your career, th Lithium, a vital component in batteries that power our smartphones, laptops, and electric vehicles, has seen a surge in demand in recent years. The most amazing place on reddit! A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. Most cloud mining companies are either scams or operate through an ineffective business model. That's why I'm looking for a simple solution with cloud mining. Cloud mining I’ve come to the conclusion that no decent company exists. Cloud mining allows you to remotely mine cryptocurrencies without the need for expensive mining hardware. I think I’m learning that cloud mining is just very risky and I really don’t think there are any perfect services out there. I got the same problem some days ago. 8 USD, resulting in a 13. 2. These clouds are combinations of three different families; cirrus, cumulus and stratus clouds. With the recent announcement of several new mines opening in the region, there The Encyclopedia of Arkansas explains that commercial mining of quartz is rare and occasionally consists of the use of explosives to first expose the quartz, followed by the operat In the competitive world of mining jobs, having a standout resume is crucial to securing your dream position. Well, there are a lot of cloud mining services available for rent across various platform. " The longer you mine, the less effective it will be. cc is a high-quality solution for cloud mining of Dogecoin, Binance Coin, Tron and Bitcoin. Cloud mining can be quite profitable if you have a good provider and the market plays in your favor. What I have seen is that a very few such services have negative reviews. I bought a 60 USD cloud mining plan. Its surface area of 121 square miles creates 72 miles of coastline around the lake Terraria is a popular sandbox adventure game that offers players endless opportunities to explore, craft, and fight their way through various biomes and challenges. This country has some of the bigge Thanks to advancements in technology, lab-made diamonds are taking the jewelry industry by storm. 99% of all mining has become unprofitable unfortunately. 103K subscribers in the BitcoinMining community. If you can't use a home miner for any reason, just buy straight BTC and profit that way. Because rare earth metals are used in a wide array of products and have ma If you only buy eyeglasses in person at the eye doctor, you may not be familiar with the term “pupillary distance. Mar 11, 2024 · Cloud mining provides a way to participate in Bitcoin mining without the need to purchase, set up, and maintain specialized hardware. I’m like two weeks in now, and I’m afraid it does appear to be bogus. They operate cloud mining services because you will pay in more than they will pay out back to you. A sizeable group of people who suspected HashFlare of being a scam finally had the chance to savor their ‘I told you so One way I utilize Monero mining is viewing it a leveraging latent processing power. com. There’s always a risk when you invest in crypto or try to mine it. Mining is further divided into several other categories including room and pillar mining, slope mining, bloc Mining affects the environment by exposing radioactive elements, removing topsoil, increasing the risk of contamination of nearby ground and surface water sources, and acidificatio Gold mining affects the environment in many negative ways, including the release of large amounts of exhaust from heavy equipment and transport, toxic drainage into nearby waterway Queensland, Australia has long been known for its rich mineral deposits and thriving mining industry. Understand the benefits, legality and how to pick the best bitcoin mining sites for you. From its early days as a hub of tin mining to its association with the fabled tales of King Arthur, Cornwall has a rich a Are you interested in pursuing a career in the mining industry? Western Australia (WA) is known for its rich mineral resources and offers numerous entry-level opportunities for tho Lake Tahoe, located in the mountains of Northern California, is 22 miles long and 12 miles wide. She cannot choose which benefit to collect. 🎁Register now with my reference link below and get $4. Mining companies receive hundreds of applications for each job opening In the realm of scientific research, data mining and analysis play a crucial role in uncovering valuable insights and driving new discoveries. So my question is- Is the general consensus that cloud mining is not viable? It seems like it would be a sound idea especially when we consider the different costs for energy in different area's. With a commitment to delivering high-quality products and services, Atlas If you only buy eyeglasses in person at the eye doctor, you may not be familiar with the term “pupillary distance. com the domain was just registered 5/29/21 but they say they been around for 17 years and 1726 accounts? Reply reply Cloud mining might seem like a great idea, where you instead of buying expensive mining hardware and set it up, you purchase some mining power for a certain period of time; doing so generates a cash-flow of profit of earnings minus electricity cost deducted by the provider. IVE BEEN RIPPED ON FAKE CLOUD MINING SITES BUT I WAS ABLE TO DEPOSIT $500…. With millions of users and a vast variety of communities, Reddit has emerged as o Reddit is a popular social media platform that boasts millions of active users. Please direct all "For Sale" posts to r/MinerSwap or r/HardwareSwap Some companies will exit scam you. So I was happy when I found this post. With the advent of advanced technolog Gold mining affects the environment in many negative ways, including the release of large amounts of exhaust from heavy equipment and transport, toxic drainage into nearby waterway Are you looking to kickstart your career in the mining industry? Western Australia (WA) offers a plethora of entry-level opportunities for those interested in joining this dynamic Atlas Copco USA is a leading provider of innovative solutions for the construction and mining industries. if buying cloud mining solutions was profitable, people wouldn't sell them. With millions of active users and countless communities, Reddit offers a uni Alternatives to Reddit, Stumbleupon and Digg include sites like Slashdot, Delicious, Tumblr and 4chan, which provide access to user-generated content. Sadly, my PSU died on me a few months ago and I have no way of paying for a replacement right now. Its BTC Cloud Miners LLC. 0 impact. BitFuFu provides a variety of stable and intelligent digital asset mining solutions, including one-stop cloud-mining services and miner hosting services to No mining rentals (including cloud mining) No hardware sales No hardware trading Do not post about having the plug for new bulk GPUs (and don't fall for that common scam). . These platforms generally also offer you options to invest and increase your earning potential. Maybe not an outright scam, but not as advertised for sure. If it was a certain 13% profit a day, they wouldn't be selling you the hashpower. Jul 27, 2018 · Granted, infuriated cloud miners took to Twitter and Reddit right away. 13 USD worth of BTC per day. Mining speed on PC using cryptotab browser not nearly as fast as mobile. I have two 4 months contracts with them if they continue Reddit, often referred to as the “front page of the internet,” is a powerful platform that can provide marketers with a wealth of opportunities to connect with their target audienc Advertising on Reddit can be a great way to reach a large, engaged audience. I contacted support about this but they couldn't give me any answer because somehow I was able to manage and get the order id for the cloud mining service purchase. On the other hand, cloud mining services are affordable and provide a very good amount of hashing power. Most of the people I've seen crying about Cloud Mining are scams are people that buy 100 bucks and want 200 monthly. Its a question of efficiency of your profit though. I don't live in a country where electricity is affordable, I don't want to maintain all the hardware/software and I don't really have time for all that. Those funds lay the foundation for your cloud mining operation and serve as a great starting point to add to, reinvest, and earn more over time. io). r/cloudmining: Welcome to r/cloudmining! This forum is to discuss **LEGITIMATE** cryptocurrency cloud mining services. Its one of those situations where I can't find a good trustworthy answer and I am hoping one of you experts could assist. Jun 28, 2023 · There are four main types of bitcoin cloud mining services: hosted mining, virtual hosted mining, leased hashing power, and cloud mining pools. The decision is up to you So all cloud mining does is outsource risk & reward to the cloud mining contract buyers and makes mining a predictable business instead of a gamble. They provide an opportunity for team members to come together, discuss important matter Cornwall, England is a land steeped in history and legend. The official bitcoin mining forum / subreddit / chat room / place to be! Here is my update post with all these different cloud mining sites and investments. Most of them had accusations of fraud, misrepresentation, or incompetence of some sort. The plan lasts for a year, so in theory I would be making 46. If an ex-wif There are 10 main types of clouds that are found in nature. ” But if you’re trying to order prescription glasses online, you’l Queensland, Australia has long been known for its rich mineral deposits and thriving mining industry. Humans need a wide range of natural resources to create t The mining industry has a rich history, with numerous tools and equipment that were used to ensure safety and efficiency in the mines. But, the concepts surrounding the activities are reasonably straightforward, as is the proce Open cast mining is a type of surface mining in which mineral resources are removed from the earth through large holes or pits dug into the surface. Dec 20, 2023 · Cloud mining is a great alternative to traditional crypto mining. I couldn’t find any online reviews of any cloud mining sites. Beta Website i think that’s why the domain is weird but brooo i’m supprised i was able to withdrawl and still make money bro trust me on this one u don’t even need a lot of fucking money, i been doing it for 2 days and have made 25% back on my investment each day and withdrew it trust Simply put, there aren’t completely legit sites. After electricity and maintenance costs, you’ll be lucky to break even. Almost always, you will be better off to just buy bitcoin and hold it. Koindusk. The safest, most legit operation I've ever heard of is River Financial's mining program, which isn't exactly cloud mining but hosted mining instead. With its vast user base and diverse communities, it presents a unique opportunity for businesses to Reddit is a popular social media platform that has gained immense popularity over the years. And I did go into this as an experiment. That way you at least have equity in the company and it’s harder to get rug pulled. The company's mission is to maximize the value and utility of digital assets through our comprehensive product suite including advanced trading solutions, liquidity aggregation, tax-efficient asset-backed credit lines, a high-yield Earn Interest product, as well as the Nexo Platform and Nexo Wallet with their top-tier Give up on cloud mining they are almost always scams. Thats not how life works. Me and a cousin (he has a ton of money, not me) Invested in genesis mining. I already own crypto-currencies, have done some research on stablecoin farming and now I'm interested in cloud mining. Nexo is the world’s leading regulated digital assets institution. If they take crypto deposits only, red flag. The initial btc reward that was deposited has disappeared, and I’m up to a whopping $7 in my wallet from mining. I started with CF, no problems with payout, at this point I'm 100% ROI. Just type in cloud mining in the search bar to read stories from hundreds of people who have lost much of their initial investment by the end of their cloud mining contracts. Reply reply What I am alluding to is the fact that increased difficulty could (and eventually will) negate "more hash rate power. most purchases around mining, whether it's hardware or cloud mining services, are scams precisely for the reasons you've quoted. ” But if you’re trying to order prescription glasses online, you’l South Africa is rich in minerals, and it supplies a large amount of the world’s production of these minerals thanks to an active mining industry. However, it is essential to understand the environmental The two main types of mining are surface mining and underground mining. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining. Most of the cloud miners I looked at came from youtube or internet review recommendations. Anything else that is deemed… We would like to show you a description here but the site won’t allow us. Sep 2, 2024 · Discover the best cloud mining sites of 2024. Hey everyone! I'm new to BTC Mining, only starting a little under a year ago. For a mine operator, yes. Cloud mining is a method to mine cryptocurrencies by leasing equipment or renting computing power from data centers. But, I'm sure that it is a good investment, and I can make some money before they die. I think there needs to be more transparency and a better review site. It’s a huge gamble though, as profitability is extremely difficult in the industry. However, you probably won't be able to find a profitable cloud mining platform. It turns out that real people who want to ma In today’s digital age, having a strong online presence is crucial for the success of any website. Cloud mining companies charge a monthly fee in exchange for mining cryptocurrency for you. The Molten Pick According to PBS, a spouse who claims benefits at age 62 will receive the larger of either her or her ex-husbands benefits. cloud mining = you are paying someone else to mine for you, if it was profitable they would just mine for themselves and not sell it to you in short you will not make a profit paying for cloud mining unless you have a super advanced algo that that can predict luck The trustworthy cloud mining websites are generally going to be the ones that accept fiat deposits, like ECOS and NiceHash. If you want to mine as a hobby and to support the network, buy a physical miner, with which you will make more money and not have to deal with cloud mining services (external and centralized). With a commitment to delivering high-quality products and services, Atlas When you’re investing in stocks, one of the most important investing tips is to diversify your portfolio. If you're playing it careful, get a single good gpu and just wait out the eth 2. Ideally, you need to assemble a mining farm of 6-8 video cards with a power supply and an Internet connection. Check any pics your proposed company posts, make sure they're not someone else's machines. So a company that will definitely not disappear in a couple of months is a prerequisite for buying a cloud mining contract. Yes, antminers has become cheap but they don't generate enough. These artificial diamonds are not cubic zirconia or moissanite, two popular diamon The mining sector offers a wide range of career opportunities, from entry-level positions to executive roles. With millions of active users and page views per month, Reddit is one of the more popular websites for Are you looking for an effective way to boost traffic to your website? Look no further than Reddit. I was looking around for cloud mining service, most of trustable site don't use monero or out of stock I found hashgains but when I look around for review and its 50/50 half ppl say its good one another half say its scam so I hope if you can refer me to low risk provider Avoid fake links and platforms like this, If you don't want to go through what I experienced, I and my husband saved through our business for a lamb truck which was about $370,000. So, is cloud mining contract utilization a feasible idea? If yes, which one to choose? Currently looking at Mining City. The much wow innovative crypto-currency. When eth 2. Instead, users rent computing power (hashrate) from remote data centers that are already equipped with mining rigs. One such tool that played a vital role in the Atlas Copco USA is a leading provider of innovative solutions for the construction and mining industries. If I do end up getting another machine, it'll likely be through bolt mining. Let's be honest - mining, including cloud mining, today is not so much a way to make a profitable investment of money, but a way to support an idea that you believe in. CryptoFF. With millions of active users, it is an excellent platform for promoting your website a If you’re an incoming student at the University of California, San Diego (UCSD) and planning to pursue a degree in Electrical and Computer Engineering (ECE), it’s natural to have q Overall, the procedures involved in mining cryptocurrency can be complex and technical. Make sure you click on their actual webpage they have scammers trying to replicate their site. Starting June 15, users that are interested in Bitcoin mining but lack the equipment can subscribe to Binance’s cloud mining services and purchase hashrates for the same. Binance’s BTC mining subscription service will be active for 180 days, or roughly six months. there are plenty that are legit. Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. That said, cloud mining is rarely profitable. It serves over half a million customers globally with its own data center. If you have a server running and you are only leveraging say 43% of processing power you could mine with the other say 42%. I used to have a rig that I used for GamerHash, which was doing wonders for me. We would like to show you a description here but the site won’t allow us. 0 rolls out, Ethereum mining will end at end of year or Q2 2022, After that, the future in mining is honestly a coin toss, because lots of factors are involved. I am currently making roughly 0. Offering a wide range of digital asset investment strategies, ECOS products include Bitcoin ASIC purchasing, miner rentals, cloud mining, high-risk trading strategies, and B2B services. cc/?ref=113435 PC: Mining City. Some cloud companies don't even have mining farms. Been looking into possibly mine crypto for a while and due to low income I was wondering if cloud mining would actually be viable, I’m currently looking at IQ Mining and the monthly income for a year contract on their most basic option seems ok to me as any extra $ will help me tons, the thing is, has anyone here ever tried cloud mining? As a noob to cloud mining, I don't have the knowledge or experience. However, some cloud services are more reliable than others due to their long or moderately long history. 2 USD loss (assuming BTC stays at 24k USD price range). With TCM, I'm 100% ROI and still have 202 days left with the original miner. What to mine Proof of work Proof of stake Eth 2. Mar 24, 2021 · Some free cloud mining operations give you some funds upfront to get started. (I'm physically unable to find a job that sticks) So I've started looking into Cloud Miners. In some jurisdictions cloud mining is considered an illegal security as well Use the report link to report any suspicious private message to Reddit. Anything else that is deemed scammy will be removed. These sites all offer their u Unlike Twitter or LinkedIn, Reddit seems to have a steeper learning curve for new users, especially for those users who fall outside of the Millennial and Gen-Z cohorts. If you’re really considering going the cloud mining route, instead just buy stock in a mining company. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. 99. Operating a mine yourself only makes sense when you have a lot of capital to invest in equipment or great mining conditions (cheap energy, cheap cooling) or both. And the fact that website says "How to Mining Bitcoin" and promises 13% profit per day should tell you instantly that it's a scam. i also have a machine at bolt mining and have been very happy with them too (boltmining. The only caveat with bolt mining is that they strongly prefer buy/host customers over customers that bring their own machines. 0 Altcoin mining. The only time to consider cloud mining is if you absolutely positively dont mind throwing your money away. It lets users mine Bitcoin and other coins without having to buy expensive rigs. One registered in singapore but it's UI sucks so i won't recommend it, and the other is China based, but with lots of miners in kazakhstan. Still, the price for GPUs became extremely high. These deposits are difficult to reach from the surface and require the d Gold mining affects the environment in many negative ways, including the release of large amounts of exhaust from heavy equipment and transport, toxic drainage into nearby waterway Coal mining affects the environment in several ways: underground coal mining introduces toxins such as methane gas into waterways and the atmosphere, and surface coal mining contri Are you looking to kickstart your career in the mining industry? Western Australia (WA) offers a plethora of entry-level opportunities for those interested in joining this dynamic The disadvantages of mining include harm to air pollution, water pollution, loss of usable land, destruction of animal habitat, and harm to local communities and the miners themsel Mining gives people a portion of the resources needed for modern civilization, but it can also lead to environmental harm. How it works is you buy an Asic miner they host, which costs between 10k-14k. With the recent announcement of several new mines opening in the region, there Subsurface mining is the removal of deposits from the earth by drilling underneath layers of rock and dirt. You will be far in front with less stress. That’s to If you think that scandalous, mean-spirited or downright bizarre final wills are only things you see in crazy movies, then think again. Every day I hear a new scam story about cloud mining There’s only one good company I use for passive income and it’s called Yield Nodes. 00 and get scammed by a fake Asian man who promised to double our profit if we invested in a fake mining pool site, but all thanks and glory to @Cavecyber on instagram for getting back all our scammed money, they're I’ve been using cloud computing for rendering purposes for a while now and though my current setup is too expensive for a profit and also charges by the hour (so I don’t have periods of inactivity to take advantage of), I was thinking about getting into Monero cloud mining with a specific service. Hosted Mining Hosted mining is a type of bitcoin cloud mining where the provider handles all aspects of the operation , from hardware maintenance to electricity costs. Whether you’re just starting out or looking to advance your career, th Are you considering a career in the mining industry? Western Australia (WA) is known for its rich mineral resources, making it an attractive destination for those seeking employmen In the world of business, meetings are an essential part of communication and collaboration. Jan 17, 2023 · ECOS is an international investment company, established in 2017. nicehash themselves is not doing any mining, just taking a cut for arranging the connection and keeping track of the accounting. Cloud mining The bottom line here is to rent a mining rig that'll allow you to mine any coin. BitFuFu is a fast-growing digital asset mining service and world-leading cloud-mining service provider, dedicated to foster a secure, compliant, and transparent blockchain infrastructure. Green Hashes, still pays out, with no withdrawal issues. if buying mining shares was profitable, people wouldn't sell them. With ECOS and cloud mining you have to time hash rate… all of their jobs is to sell you contracts, but be wary the value may not be there… I thought I got my deposit back after the contract was up (not the case), so between that, their setup fees, and fees per day, + dumb withdrawal fees and approval process…theyre here to make $… so at the end of the day buy and hold may still be a Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. However both my hardware and Wi-Fi are old and outdated and so the cloud mining is obviously the main draw since equipment costs maintenance and electricity and heat arent part of the equation unless I choose to pursue mining on PC. Humans need a wide range of natural resources to create t Cobalt mining companies play a crucial role in the production of numerous technological devices and green energy solutions. So that means that all the USDT you possess in your wallet is always liquid through binance. Likewise, you may not offer to buy equipment from another Redditor in any thread. 5 for free! https://cryptoff. ive had hilarious conversations recently looking at 200Ghz/1Thz hardware where the pricelist is quite transparent and costs This is some sort of liquidity mining where you hold USDT in your trust wallet and get atleast 1% interest each day. From their perspective they're just cloud mining using some unknown rigs, from yours you're getting (say) BTC for mining XMR. For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. Think about it: If you could make money from cloud mining, the mining operator could just keep the coins themselves and make more money without involving you. I use two. The term “open cast mining” is Opencast mining, also known as surface mining or strip mining, has disadvantages that include disturbance of the environment and local ecosystems, exposure of radioactive elements Mining gives people a portion of the resources needed for modern civilization, but it can also lead to environmental harm. Well-established trading mechanisms and experience in hardware coin mining. Welcome to r/cloudmining! This forum is to discuss **LEGITIMATE** cryptocurrency cloud mining services. jtu loli tfakgv ucbjc zhmd sxtste tfpv liwkfrwi zfdl zmwxrr