Crypto Cloud Mining:Legit or Scam

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Avatar for Leymar012201
2 years ago

As I mentioned in my previous article I'm just a newbie in crypto world and I have so much to learn about it . Upon exploring and learning every single knowledge in this vast universe of cryptos I encountered about mining crypto currencies such as Bitcoin, BitcoinCash, Etherium, Dogecoin, Tron,Litecoin and many more.

I was fascinated how this works and I'm like wow , I didn't know that there's something like this that you can just make an account using your email ,create a unique password and boom you already have an account. Since I'm newbie , it takes times for me to learn how this works . I did some resarch about this kind of aquiring cryptos , as they always said DYOR-Do Your Own Research for your own risk.

In my mind , is this going to work or not? Is this legit or scam? I had a doubt inside me but since my curiosity is telling me to try it then I tried. Here are some of the mining sites that I tried for the past 4 months being here in crypto universe.

Minex.World

This is the first cloud mining site I tried, I found this in one group in facebook about cloud mining websites. As you can see at the picture, you can do mining here in this site for free without depositing even a single penny but they have plans to offer in order for you to mine faster and aquire more to hit the minimum widrawal.

Upon registering here , you can have 3000 Gh/s in your account as your mining power. They have a bonus inside the site wherein you can claim mining power every hour , ranging from 0-80G/hs. It's your choice if what crypto you will activate to mine.

I choose Bitcoin to mine but as days passes by I didn't aquire even 0.00000100 satoshis, it's just too slow. So I change what to mine and this time its BitcoinCash, surprisingly it is fast. After that activation of bitcoincash I already have around 0.00000500 satoshis at day 1. The minimum widrawal for bitcoin here is 0.01 and for bitcoincash it's 0.002.

You can also aquire more mining power by inviting more people through your link , you can have 50G/hs per head. I don't like inviting so I didn't go for that option and also for their plans it's too expensive. It's not even guaranteed that you can return your investment.

For now I have 0.001 bch mined and I don't know when I will reach the minimum widrawal. I didn't even know if it is still paying until now but some of the users who engaged early in this website has been able to reach the minimum widrawal and able to payout and also because they invested in it. So in conclusion , this cloud mining website is legit before but I don't know at the present.I haven't check it yet .

Since it continues to mine even you exit the website , I tried to find more mining websites, I ask and ask . Digging some infos about cloud mining websites.

Freemining.co

This is the second cloud mining website I found which only mined bitcoin and nothing else. You can register here by entering your btc address then create a pin. As the name says it's free, you can mine bitcoin without investing but its upto you because when you're inside the site they have also plans in order for you to mine fast.

Also when you register you have a bonus of 0.00030000 btc, can you imagine that but the minimum widrawal is 0.02 btc and it says at the front age of their site that you can get 2500 satoshis daily in 2 minutes. Their way of promoting their site is tottally misleading because there's no way that you can mine bitcoin in just 2 minutes, if that is true then I have a lot of btc by now but I can't blame them for that is their way to encourage users to register and invest in their site and I find it not cool because it's a scam.

It's been four months since I left the site but still continue to mine and I've just check last friday I think and finally I have reach the minimum widrawal which is 0.02 btc and request it for payout, see how fast it is to mine, it took me only four months and its not normal.I've just checked it yesterday and still in the pending list but now look what I found out.I'm not able to login again in their site and it's just a proof that it is a 100 percent scam.

It's great that I didn't invest a single penny here because the moment you will reach the minimum widrawal your automatically out of the site and not able to login again just like what happened to me now. I don't know if those who invested here was able to widraw their mined btc. In conlusion, this free cloudmining site for bitcoin is a 100 percent scam and I feel sorry for those who invested here and was not able to payout. By the way the minimum investment here is 0.02 btc same as the minimum widrawal and I'm sure it's a huge lost when they're not able to widraw their mine btc.

Cryptotab Browser

Also a cloud mining site but it's in a browser, you can also use it for browsing the internet while mining bitcoin and I found it 100 percent legit. Their minimum widrawal is just 0.00001000 btc. You can activate your mining after every 3 hrs and it's just a matter of time for you to reach the minimum widrawal.

This was introduced to me by my friend and it's cool that I was able to widraw my earnings here. I was able to widraw 0.00010000 here so far so I can say that it is legit and it's free. They have also plans for better mining but I can't afford it for the mean time because it's too expensive and I don't know if it's worth it. I'm ok woth this free plan. You can also invite your friends in order for you to build your group of miners or affilliates. It's been my four months using this and I'm satisfies with the results.

In conclusion , this site is legit and you might want to try it for yourself .There's a lot of proofs in youtube but for you to believe me here's my proof.

Closing thoughts

Exploring the crypto universe is cool but with this kind of experienced I can conclude that there's a corressponding advatages and disadvantages of this crypto cloud mining sites.Actually I tried many of this scam cloud mining site just to observe. Mostly of them are scam when they gathered sufficient amount of investment then they just fade away like a bubble. So be careful in investing in this kind of cloud mining sites. As they say,

  • DYOR-Do your own research before trying something like this and Invest only what you can afford to loose.

  • Lead image:freepick.com

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Avatar for Leymar012201
2 years ago

Comments

Stormgain lang meron ako now, kabsat. Indelete kon amin. Nagbayag gamin hehe

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2 years ago

๐Ÿ˜…ganun po ba .meron din po ako storm gain noon pero nangangain ng Ram.kaya uninstall hehe madi pay makagatang ti sabali nga phone . Mayat ata storm gain po may pangtrade pa.

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2 years ago

bili ka daw bagong phone. ading hehe

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2 years ago

Hehe , saka nalang po ok pa naman tung phone ko kahit bitak bitak hahahaha. Buti patong phone ko hindi marupok .hahaha

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2 years ago

Kailangan ba naka open yung cryptotab browser mo lods para umandar yung mining?

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User's avatar Oz_
2 years ago

Hindi lods pwede mo iback as long as nakaactivate siya.tas magset ka nlang ng timer po para malaman mo kung tapos na then activate ulit

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2 years ago

Ahh sige lods try ko mag download nyan, tagal pa kasi makaabot sa minimum yung chikhen btc farming ko๐Ÿ˜†

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User's avatar Oz_
2 years ago

oo lods try mo.

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2 years ago

I've tried that freemining.co cloud mining website and based on my experience it's really a scam. When I am about to reach the minimum withdrawal, the mining became slower and after a few days my balance came back to zero. Haha

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2 years ago

Well thats their tricks ๐Ÿ˜…

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2 years ago

never yet tried mining. magiinit daw phone kapag ganyan eh? tama ba? hehe

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2 years ago

Baka yung tinutukoy mopo is CPU mining po , yun po talaga iinit yung phone.Experienced kona po. Yang mga included po sa article ko eh cloud mining lang po.๐Ÿ˜Š

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2 years ago

Diko pa naman po naexperienced na uminit phone kopo while those mining was activated po.

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2 years ago