Legit BitCoin Mining Website List
- Thread starter Park Mary
- Start date
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- Tags
- bitcoin mining
sam00168
Newbie
- Nov 27, 2011
- 28
- 4
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 
How could they be legit Real Bitcoin Mining Sites when bitcoin mining is unprofitable unless you have a super computer, nearly free electricity, or both?
umairsaleem29
Senior Member
- Nov 27, 2013
- 1,094
- 52
Never do invest in cloud mining.
sam00168
Newbie
- Nov 27, 2011
- 28
- 4
Yes electricity one big issue , if you live in a country where electricity cheapest then you might have chance but still i don't think Mining give any much profit that it looks like from outside , its better gain experience in BTC Trading which will give you way more profit than complex mining . Also you can get passive earning by Lending BTC with BTCJAM ( One of the trusted BTC LENDING Platform ) , its has a bit risk but still worth of profit if you research good and lend to high quality person , usually BTCJAM has lot of restrictions which borrower has to pass through before they can post Loan request on site , so if you Loan A+ , B+ grade borrowers you will have handsome % per week / month as per Borrower's payment times , also if you get involve in BTC Lending never ever lend all your BTC to single person , divide it to many . For example if you have 1BTC to invest , divide that among 100 or 200 people to lower the risk , another good site is Bitlendingclub which has own Collection agency in all country in case of Default happens for Loans , do some research and try small diversify lower your risk . These are the legit ways to increase your profit with Bitcoin safely . But as i mentioned above never invest in PONZI SCHEMES LIKE CLOUND MINING / HYIP / GAMBLING OF ANY KIND with Bitcoin ... Good luck !!
, another good site is Bitlendingclub which has own Collection agency in all country in case of Default happens for Loans , do some research and try small diversify lower your risk . These are the legit ways to increase your profit with Bitcoin safely . But as i mentioned above never invest in PONZI SCHEMES LIKE CLOUND MINING / HYIP / GAMBLING OF ANY KIND with Bitcoin ... Good luck !!
sam00168
Newbie
- Nov 27, 2011
- 28
- 4
I do not recommend Cloud mining to anyone , but you can check this " Nicehash(dot)com" they provide opensource easy to use Mining software which you can use just a click to start in your PC for CPU and GPU mining , you may not get insane profit out of it , but something you will get and also good for beginners and those who starting in BTC Mining thing
100% SCAM.
Starting from $1000 at 2.9% profit day reinvested for 250 business days a year
After 1 year 1.23 million
After 2 years 1.56 billion
After 3 years 2.99 trillion
At 2.9% profit, these dudes would be richer than bill gates in less than 30 months. Why do they need your money again?
Cloud mining is one of the best ways to lose money, you'll never break-even.
Bitcoin mining is very difficult and you'll need powerful hardware and "free" electricity, mine altcoins instead - Litecoin, Monero, ZCash etc...
I saw someone suggesting BTCJam. I'll suggest you NOT to invest on BTCJam or any lending website, most of the borrowers never repay. And AFAIK, you'll have to wait for weeks before they give you defaulters' address and documents.
Bitcoin mining is very difficult and you'll need powerful hardware and "free" electricity, mine altcoins instead - Litecoin, Monero, ZCash etc...
I saw someone suggesting BTCJam. I'll suggest you NOT to invest on BTCJam or any lending website, most of the borrowers never repay. And AFAIK, you'll have to wait for weeks before they give you defaulters' address and documents.
raregem009
Senior Member
- Jun 21, 2016
- 955
- 308
You do have a lot of experience from this comment you madeDo 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
CoollNomii
Newbie
- Dec 17, 2013
- 26
- 0
Onelife Going Really Good
Link: http://bit.ly/2fv8E7a
Link: http://bit.ly/2fv8E7a
Another MLM scam
seogiantking
Senior Member
- Sep 19, 2015
- 908
- 159
cloud mining is only scam ponzy scheme. Real profit is in trading or if you in ASIC
T2tkid
Elite Member
- Oct 13, 2010
- 5,003
- 2,464
How do you trade with bitcoin? Am still trying to find answers.
Capo Dei Capi
BANNED
- Oct 23, 2014
- 752
- 7,253
Unless ASIC miners fell off a truck and you have free electricity, they are no longer profitable anymore.