Legit BitCoin Mining Website List

I agree with the other posters, all of these cloud mining schemes are scams.
 
How do you trade with bitcoin? Am still trying to find answers.

check this popular trading platfrom. https://poloniex.com/ Send your bitcoin over there and you buy other cryptocurrencies when price is low, and sell them when the price is high and make profit. Once u make some bitcons, withdraw them to your wallet conected to your Bitcoin Visa credit card and take the money in your local currency on any ATM, or go shoping.
 
check this popular trading platfrom. https://poloniex.com/ Send your bitcoin over there and you buy other cryptocurrencies when price is low, and sell them when the price is high and make profit. Once u make some bitcons, withdraw them to your wallet conected to your Bitcoin Visa credit card and take the money in your local currency on any ATM, or go shoping.

Thank you very much. I will check it out.
 
Try Alt coin mining

I'm doing Altcoin mining from year+
 
Do not fall into cloud mining scam.
If you have free or cheap electricity do mining by your own with good and latest hardware.
If you are confused about mining to how to get started hardware selection etc please let me know i will try by best to help you out.
Don't waste time and opportunity if you have free or cheap electricity and got enough capital to invest.

you still can mine BTC LTC and lots of other Altcoins but all depends on your electricity then budget and use your brain ;)
 
Check HashNest, supported by BitMain. It is one of the legit cloud mining sites.
 
You'll never break even with cloud mining

I did a test recently as someone posted on here about it and I was curious as it sounds too good to be true.

genesis-mining
x11 mining DASH seems to pay the best.
$60 gets you 10MH/s.
Auto deposits each day to my poloniex account where they get sold for BTC.
This makes $0.12 per day (bit higher with dash recent surge).
So $60/$0.12 = 500 days to break even (IF everything stayed as it is now - which it wont!)

minergate (hashing24)
This is worse IMO
I paid 0.017BTC for 100GH/s on 12th Feb (would be less btc to buy right now obviously).
So, 19 days in and its mined 0.00063476btc.
That about 0.0000334084 a day.
Which works out at 508 days to break even.
Again thats not factoring in any difficulty increases which will happen during that time.


For comparison.
If I had simply bought 0.017BTC on Feb 12th for $17.29 (according to coinbase)
I could sell 0.017 right now for $21.60 right now on gdax.
Thats a profit of $4.31 in the same time.

So no dont do it! Cloud mining is a waste of your money. It doesnt matter how much you scale it you'll never break even.
 
Genesis Mining is a "legit" scam. They sell contracts for mining but there is no guarantee of ROI. Of course, a lot of websites use the same strategie. That is why I'm recommending to use HashNest. You can buy/sell hashpower so you can leave the program whenever you want, not like contracts where you can't leave or have any type of refund. Take a look if you want.
 
Genesis Mining is a "legit" scam. They sell contracts for mining but there is no guarantee of ROI. Of course, a lot of websites use the same strategie. That is why I'm recommending to use HashNest. You can buy/sell hashpower so you can leave the program whenever you want, not like contracts where you can't leave or have any type of refund. Take a look if you want.

How about you back up your recommendation with some numbers like I did above?
 
How about you back up your recommendation with some numbers like I did above?
I'm sorry but I'm busy right now. I have used it for a lot of time and I made profit. Take a look for yourself and make yours calculations.
 
Don't go for cloud mining, you will get nothing.
Try to be a miner if you can afford.
If you have very cheap electricity or if Free electricity and have enough capital to invest then go for mining to generate your own coins.
Ethereum, Dash is going to be next bitcoin.
If you guys need any help regarding GPU mining i am more than happy to explain.
Ask here or Drop me a PM

Happy Mining
 
Very informative. Thank you for sharing
Do not fall for Cloud mining ever , they are 99.99% scam and Ponzi schemes . If you wanna seriously get into BTC Mining you need to give much time , effort and money but seeing current BTC Difficulty its really hard to get ROI soon , Day by day its getting more difficult , so better use your BTC for daily trades and earn profit and take out profit daily basis .. Also you can participate MAGNR which is nice BTC Trading platform with Leverage , if you know how to trade or if you don't know you will learn it from small start and understanding their tutorials . You can earn quite handsome profits regularly and which will be under your control that how much you trade regularly and how much risk you take regularly , If you go into Cloud mining thats total risk cause you never know that company actually real or not . You can either Mine by yourself by purchasing BTC ASIC Hardware latest or start trading with a broker ( MAGNR ) , or just simply trade in Coinbase / Bitfinex / BTC-E exchanges regularly . Do not ever invest in any Cloud mining / HYIP / Gambling with BTC , just don't do it mate you will loose it all . Also better do some due diligence about ZCASH which is new and more price than BTC currently :)
 
Investing bitcoin is always risky, you can lose some or all of your investments due to unforeseeable risks occurring. You can find exaustive lists of websites on Google.
 
Don't go for cloud mining, you will get nothing.
Try to be a miner if you can afford.
If you have very cheap electricity or if Free electricity and have enough capital to invest then go for mining to generate your own coins.
Ethereum, Dash is going to be next bitcoin.
If you guys need any help regarding GPU mining i am more than happy to explain.
Ask here or Drop me a PM

Happy Mining
How to mine your own ethereum using your own hardware? Can you add me on skype to talk? my skype email is [email protected]
 
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