Cloud Mining (Personal Experience)

in #bitcoin6 years ago (edited)

This is my personal experience with Cryptominingfarm.

I was a little skeptical about this model of investment and still am but you don’t have to put a lot of money to start so I tried it. I subscribed back in May 2018.

When you first subscribe you get 50 “FREE” GHS with lifetime contract, that of course, any gains you get from that you can’t withdraw unless you buy at least 20 GHS with lifetime contract which I did.

So at this time I had 70 GHS and now I could withdraw my gains but until I got 0.005 BTC which at that moment was around 9000 dlls, so it would take a long time to get to that amount, but I saw it was adding BTC to my account, very slowly but it was growing so I decided to buy my first 1000 GHS with a 3 month contract which is the cheapest.
With 1070 GHS it was still a little slow so I bought another 1000 GHS and made my first withdrawal on August 4 of 0.00560802 BTC which I got in my BTC account, I sold it in an exchange and got that money back, about 39 dlls.

I also tried a little their coin which is UNIT and the withdraw limit is very low, but it is an even more volatile coin that Bitcoin so I staid with BTC.

Since I only invested money that it won’t hurt if it is lost I decided to reinvest every time I could withdraw until I get to a profitable spot.

On the next picture you will see my withdrawal history, the ones circled in red are the ones that I got out just to make sure that they pay, from there all has been reinvested.

I have now 6474 GHS which a lot is from reinvesting, I bought just 4200 GHS from which 2000 already ended so I have 4274 GHS from just reinvesting (Not affiliates GHS) and 2200 that I bought.

My first withdrawal took around 24 hours, the only downside I see now is that now you have to wait I think from 3 to 7 days to get your withdrawal and for reinvesting just around 1 hour.

You can register here (Yes, that is an affiliate link)
https://www.cryptominingfarm.io/signup/?referrer=5B06E2F0B906A
Or if you are already subscribed, you can start to invest.

This company is around since 2014 and still online (That doesn’t mean it could not disappear tomorrow) and that gives a little more confident.

Of course the advice is always heard when investing in cryptocurrency, invest only what you are willing to loose, never invest rent money or your life savings into this, it is a very volatile market.

You can buy 1000 GHS for 3 months and wait the 3 months to see how much was your ROI and then decide if you want to invest more.

This is my experience so far with Cryptominingfarm, I know it is a high risk investment but if I loose what I have invested there it won’t hurt at all.

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