Crypto free cloud mining.

[Mikky]

Do you think mining crypto on a free package plan really worth it? Some mining app/sites always require a huge payout threshold which cannot be attain in a long time.

 

[funkie]

I honestly don’t think this is reasonable or even legit most of the times. I am yet to hear of a legit crypto cloud miner. Because it doesn’t make sense for you to earn passively using the cloud miner without giving anything in return, such as, for other miners, you give your cpu power in return for benefits from mining crypto. So I really don’t think this is safe or useful.

 

[Starmix]

Do you think mining crypto on a free package plan really worth it? Some mining app/sites always require a huge payout threshold which cannot be attain in a long time.

That might be good only for men.

 

[Mikky]

I honestly don’t think this is reasonable or even legit most of the times. I am yet to hear of a legit crypto cloud miner. Because it doesn’t make sense for you to earn passively using the cloud miner without giving anything in return, such as, for other miners, you give your cpu power in return for benefits from mining crypto. So I really don’t think this is safe or useful.

You're are right about that, how can one earn passively without giving or doing anything?, how will the site even generate it's revenue? So many "how" at times those free cloud miners are always scam they can pay for a little time , I guest they are waiting for whales to deposit to their site before they scam.

 

[funkie]

You're are right about that, how can one earn passively without giving or doing anything?, how will the site even generate it's revenue? So many "how" at times those free cloud miners are always scam they can pay for a little time , I guest they are waiting for whales to deposit to their site before they scam.

Yeah, you are right. There are too many questions unanswered on these sites. And the point you make about people depositing big amounts of money in the sites is true as far as I believe. They shut down their websites when a lot of people have invested in it. I believe that’s how they scam people.

 

[cherry123]

Do you think mining crypto on a free package plan really worth it? Some mining app/sites always require a huge payout threshold which cannot be attain in a long time.

I doubt this free mining ever worked out as stated. And I think this is why there's a high payout amount so that no one can get to this payout to cash out.

 

[Mikky]

Yeah, you are right. There are too many questions unanswered on these sites. And the point you make about people depositing big amounts of money in the sites is true as far as I believe. They shut down their websites when a lot of people have invested in it. I believe that’s how they scam people.

Yeah, it's an easy scamming scheme but still people fall prey. Sites like that are meant for early birds, those who can invest early on the site I've seen a few instances but still it is risky. I best shy away from such site than have my money shut down with the site.

 

[Starmix]

With cloud mining, you can earn money without investing. StormGain is an app that offers free in-app cloud mining of BTC which can be used to trade.

 

[Mikky]

With cloud mining, you can earn money without investing. StormGain is an app that offers free in-app cloud mining of BTC which can be used to trade.

Storm gain has been a no for me, I've once tried mining with stormgain but the free mining rate was just too low and slow for my liking, I also heard the BTC mined cannot we withdrawn directly rather it will be traded while the profit is withdrawable.

 

[Suba]

My experience joining many cloud mining sites is not profitable, even though they are not called scam sites. and until now I don't believe in cloud mining sites, let alone free ones.

 

[Mikky]

Most cloud mining site is best profitable for paid early users because they will have more hash power compare to the free package so they can get to remove their capital in time but the truth is they will later scam after all.

 

[cherry123]

That's always the problem, that fear of getting scam is always the problem. I don't know why they can't do without scamming

 

[Starmix]

Scam is always present in business and scammers may have lucrative earnings than the legit operators. They're just on standby side by side waiting for the right timing to attack. It seems they apply reverse psychology for they always prosper at all costs.

 

[cherry123]

But their prosperity don't last. I like that the universe always cut them off at some point either by death or jail term.

 

[uptrendfinancialsignal]

One advantage of cloud mining is that it does not use up your hardware.

 

[Reedex]

Although, cloud mining doesn't consume your hardware but thre are lots of scam cloud mining and you will need to be extra careful so that you won't fall victim of anyone.

 

[Yohanna]

Cloud mining is one of the promising aspect of cryptocurrency that people love.

 

[Suba]

The most widely used by cloud mining sites is the method of giving hashing power (free) to find new miners, but in small quantities, so it will take a long time to get returns. Currently, many cloud mining sites have been abandoned by crypto users because too many scam sites are also unprofitable.

 

[Smalto]

Do you think mining crypto on a free package plan really worth it? Some mining app/sites always require a huge payout threshold which cannot be attain in a long time.

Honestly, most of them are not really worth it, because they might waste one's time, and the threshold withdrawal is usually very high, which could take time before one attains it.

 

[Yohanna]

The most widely used by cloud mining sites is the method of giving hashing power (free) to find new miners, but in small quantities, so it will take a long time to get returns. Currently, many cloud mining sites have been abandoned by crypto users because too many scam sites are also unprofitable.

I have come across some cloud mining platforms that would give free hashpower and it's a way to attract people to engage in such activities.