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 Cloud Mining - Cryptocurrencies

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jack2
post Jul 7 2017, 11:29 AM

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QUOTE(denimblue @ Jul 7 2017, 11:27 AM)
Always expecting to be spoon-fed and never read up.  doh.gif

user posted image
*
I always busy to buy sell BTC and LTC la...

cry.gif cry.gif

This post has been edited by jack2: Jul 7 2017, 11:29 AM
SUSraynman
post Jul 7 2017, 11:47 AM

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jack2,

I advise you NOT to import the L3+ from Bitmain and mine litecoins by yourself.

You can't put it in your house with that vacuum cleaner noise running 24/7.

It will drive you and your family crazy.

If there are any component failure like ASIC hashboards, even if during the 180-day warranty period,
your miner will be down until youl receive the replacement from Bitmain. How long will that take?
Do you know how to install the components yourself? What if it doesn't power up after that?
Who are you going to call for help?

With GigaWatt, you don't have to worry about component breakdown. They have all the spares in-house
and their engineers will get your L3+ up and running in no time.

The purpose is to sit back and collect money everyday, not to mess around with hardware and cope with the noise.
jack2
post Jul 7 2017, 11:48 AM

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QUOTE(raynman @ Jul 7 2017, 11:47 AM)
jack2,

I advise you NOT to import the L3+ from Bitmain and mine litecoins by yourself.

You can't put it in your house with that vacuum cleaner noise running 24/7.

It will drive you and your family crazy.

If there are any component failure like ASIC hashboards, even if during the 180-day warranty period,
your miner will be down until youl receive the replacement from Bitmain. How long will that take?
Do you know how to install the components yourself? What if it doesn't power up after that?
Who are you going to call for help?

With GigaWatt, you don't have to worry about component breakdown. They have all the spares in-house
and their engineers will get your L3+ up and running in no time.

The purpose is to sit back and collect money everyday, not to mess around with hardware and cope with the noise.
*
Ya, I have thought all these and I will now start the process of buying.

Just thatthe WTT token, after bought 880 tokens, need to send to Gigawatt or just leave over there?
SUSraynman
post Jul 7 2017, 11:51 AM

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Did you see my answer to you about this? doh.gif

No wonder denimblue is pissed off with you.
cofin
post Jul 7 2017, 12:01 PM

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QUOTE(raynman @ Jul 7 2017, 11:14 AM)
That's why it is more profitable to buy Scrypt because the maintenance/electricity fees (MEF) is higher for SHA-256.
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Yea ....SHA-256 account have higher chance that the mining contract will expired compare to Scrypt.
jack2
post Jul 7 2017, 12:01 PM

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QUOTE(raynman @ Jul 7 2017, 11:51 AM)
Did you see my answer to you about this?  doh.gif

No wonder denimblue is pissed off with you.
*
cry.gif cry.gif drool.gif
SUSraynman
post Jul 7 2017, 12:59 PM

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Dave Carlson, CEO of GigaWatt, at the Consensus Conference 5th July 2017


jackal1950
post Jul 7 2017, 02:29 PM

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How come nobody use NiceHash to do cloud mining here?
SUSraynman
post Jul 7 2017, 02:34 PM

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QUOTE(jackal1950 @ Jul 7 2017, 02:29 PM)
How come nobody use NiceHash to do cloud mining here?
*
You can start and share your experience with us. smile.gif

SUSdenimblue
post Jul 7 2017, 02:36 PM

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QUOTE(jackal1950 @ Jul 7 2017, 02:29 PM)
How come nobody use NiceHash to do cloud mining here?
*
Are you a 67-year old man? whistling.gif

jack2
post Jul 7 2017, 02:40 PM

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QUOTE(denimblue @ Jul 7 2017, 02:36 PM)
Are you a 67-year old man?  whistling.gif
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Why using that is old man?
SUSdenimblue
post Jul 7 2017, 02:42 PM

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QUOTE(jack2 @ Jul 7 2017, 02:40 PM)
Why using that is old man?
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His year of birth is 1950. sweat.gif

yupio
post Jul 7 2017, 02:55 PM

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Guys, I just made my very first (can you call this investment?) cloud mining with Genesis for 10MH/s DASH after I stumble upon this thread today. lol

Now looking at Hashflare...seems everyone is going for Scrypt?
cofin
post Jul 7 2017, 03:12 PM

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QUOTE(yupio @ Jul 7 2017, 02:55 PM)
Guys, I just made my very first (can you call this investment?) cloud mining with Genesis for 10MH/s DASH after I stumble upon this thread today. lol

Now looking at Hashflare...seems everyone is going for Scrypt?
*
Hashflare Scrypt and SHA-256 both got pro and cons and both actually payout the same as i bought both with same amount

Scrypt Pro i can think of is ...lower maintenance fee. Cons ....if litecoin price drop then less profitable

SHA-256 Pro doesnt affect by price as it mine bitcoin itself. Cons ... if difficulty increase and it would be the first to get out of contract as the maintenance fee is 3 times higher than Scrypt

For now i would pour in Scrypt but the price of 1MH/s cost 13.5USD ....you see their offer price last time its only like 6.5usd


One more thing about this cloud mining that i notice is start with a big capital then keep reinvesting to shorten the ROI then only start taking the profit

But if the cloud mining turn out to be scam you also die faster lol

This post has been edited by cofin: Jul 7 2017, 03:15 PM
SUSraynman
post Jul 7 2017, 03:14 PM

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QUOTE(yupio @ Jul 7 2017, 02:55 PM)
Guys, I just made my very first (can you call this investment?) cloud mining with Genesis for 10MH/s DASH after I stumble upon this thread today. lol

Now looking at Hashflare...seems everyone is going for Scrypt?
*
Yes. It is a lifetime contract with the most profitable returns.

It actually mines litecoin, and Hashflare converts the litecoin to bitcoin at the prevailing LTC/BTC exchange rate.

cofin
post Jul 7 2017, 03:22 PM

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@raynman one question on hashflare

If buy hashflare using CC then they lock withdrawal for 14days but can the payout use to reinvest within the 14 days ?

Now i am thinking whether to reinvest or not hmm.gif
Nidz
post Jul 7 2017, 03:24 PM

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My Dash contract first payout is worth usd0.30
now just wait and accumulate
SUSraynman
post Jul 7 2017, 03:24 PM

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QUOTE(cofin @ Jul 7 2017, 03:22 PM)
@raynman one question on hashflare

If buy hashflare using CC then they lock withdrawal for 14days but can the payout use to reinvest within the 14 days ?

Now i am thinking whether to reinvest or not  hmm.gif
*
Yes, you can reinvest or manually buy additional hashrate with the balance of your accumulated daily payouts within the 14 days.

SUSdenimblue
post Jul 7 2017, 03:25 PM

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QUOTE(Nidz @ Jul 7 2017, 03:24 PM)
My Dash contract first payout is worth usd0.30
now just wait and accumulate
*
Why so little? blink.gif
How much hashrate did you buy?

kievlueen
post Jul 7 2017, 03:25 PM

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Just bought a 10mh/s scrypt contract at hashflare . Hope it going well ! Gogo !

but one thing curios is USD 135 , but charges me MYR 630 . Anyone know why ? Using CIMB .

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