Buying Bitcoin cloud mining with Litecoin Problems
OK before I get hated on and called retarded I just want to say my experience so far is good. I mine Litecoins at home. I have 4 L3s. It's just for hobby reasons. I also purchased 36.5 TH/s of bitcoin cloud mining from Genesis (omg it's a scam yeah yeah). My experience with them has been good and my payouts are accurate for the TH/s minus the maintenence fee of course. My thinking is if Bitcoin keeps going up and up then it could make for a good thing to always have a little passive income coming in. Here's the thing I tried to purchase 2.5TH more and pay with 87 ltc. It said the page expired. I tried like 10 times. Then I tried with my debit. The same thing happened. Is anyone else having this problem? Is it because they don't want to sell anymore hash power because of a moon landing soon for btc? Or am I just a retard over thinking things?
05-27 14:34 - 'Registered and invest in the new best cloud mining! Free +6% with this code coupon “COUPON6_2” when you buy hashpower' (innovamine.io) by /u/miskiev91 removed from /r/Bitcoin within 3-13min
Educated guess: Most cloud mining services do not mine but sell bitcoins they buy themselves
If you compare realistic cloud mining cost to realistic outcome that is the most profitable (and almost invest free) business model I've ever seen! Can not imagine why they should actually NOT do it like that...
Is there any cloud mining site for Bitcoin Cash that's not a scam and allows buys in small increments like HashFlare or NiceHash?
I am currently mining BTC on HashFlare but I would much rather mine BCH as I do not plan on holding BTC again until they fix the on chain scaling (LOL, I'm not hodling my breath...). The only place I've seen so far is bitcoin.com but it has a $1500 minimum which I'm not ready to make yet.
Mining for the first time since 2013,,,, spending BTC to buy cloud mining for Bitcoin cash!!!! great way to invest while mining is easy.
Spend some bitcoin to buy hashing power and you can point it at the bitcoin cash network. A great way to support the new network as well as earn some cheap bitcoin cash coins while the difficulty is low. Mining again.........I never thought I would see the day. The miners have not really jumped on the bandwagon yet, but they will. In the meantime the difficulty is low and the profits in dollars may not be better than mining bitcoin but when bitcoin cash flips over and becomes worth the 2800 dollars it will be pretty damn profitable then. Bitcoin.com makes it easy, set up in a few minutes and your done. Turning BTC to BCH and when the flippining happens your all set. A great way to support the network and mine some easy coins over the next few months while the getting is good.
I would like to actively support the mining of BCH by buying some hashpower, but I can't find anywhere that is currently selling a cloud mining lifetime contract - don't want one that lasts only for a year. Does anyone know any sites?
11-22 04:02 - 'Investing large amounts ( 1500$) on cloud mining like Hashflare is it worth?? By my calculations, if i invest 1500$ to buy 10 Ths I'll get a payout of .0019 btc per day. i.e) 16 dollars a day!!!' (i.redd.it) by /u/Raw_zm removed from /r/Bitcoin within 0-10min
Investing large amounts ( 1500$) on cloud mining like Hashflare is it worth?? By my calculations, if i invest 1500$ to buy 10 Ths I'll get a payout of .0019 btc per day. i.e) 16 dollars a day!!! /r/Bitcoin
Cloud mining means a host company owns Bitcoin mining hardware and runs it at a professional mining facility. You pay the company and rent out some of the hardware. Based on the amount of hash power you rent, you will earn a share of payments from the cloud mining company for any revenue generated by the hash power you purchased. IQ Mining is a cloud mining service developed for affordable cryptocurrencies mining. Cloud mining of Bitcoins, Ehtereum and Altcoins. The right Bitcoin mining contract is the only thing missing to get started In layman’s terms, BTC cloud mining is a process of making Bitcoin as a reward without the hassles of hardware upkeep, high electricity bills, and related issues. Clowerty - Mining is a cloud that is designed for the professional team cryptocurrency production! With Clowerty easily, quickly and efficiently! Now you have the ability to effectively extract the most valuable and promising cryptocurrency such as: Bitcoin, Litecoin, Dogecoin, Bitcoincash, Ethereum. Note: Before you buy an Antminer S7 make sure you already have Bitcoin mining software and a Bitcoin mining pool. Shortly after release, the S7 was priced at nearly $2000, a little below the current cost of the S9.
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