How to know which mining site is real?

[MRizwan530]

There are a lot of mining sites available on internet and they are offering mining of Bitcoin ethereum litecoin and many other cryptocurrencies but my question is how we can know which mining site is legal and will give us return. Is there any criteria in which we can check this form is real or not?

 

[Eyiteepraise]

One way someone told me to know if you are dealing with a fake site is to check the initials if the initials is https or if the site starts with https that means there's more to it than meets the eye. Avoid wasting your time on platforms like that as they tend to crash after some time of earning from them.

 

[Sincerem]

There are a lot of mining sites available on internet and they are offering mining of Bitcoin ethereum litecoin and many other cryptocurrencies but my question is how we can know which mining site is legal and will give us return. Is there any criteria in which we can check this form is real or not?

If you wanna determine which mining platform is good for use. When you visit their platform and you were ask to pay some amount of money to withdraw your money. Or promising high amount of money as profit. A legit free mining platform will never ask money before starting or promising high amount of profits.

 

[Yugocean]

Best way to know is to join a mining site that is supported by the currency website or a proper wallet/exchange itself. For Example Electronium cryptocurrency is mineable right from official web/app.

 

[Oscar]

You can check those sites out on trust and review sites, check the reviews of these mining sites to see what people who have used it before experience. This is one of the best way in my opinion.

 

[Sincerem]

If they are mining through hardware they will must charge fee becouse they are using electricity and other expenditure.
So what you think of we purchase our own mining machine?

Purchasing it will be expensive, unless you want to tell me that you got enough money for that. The only way you can achieve such aim, is to partner with a legit mining network. By investing with amount you have, that amount will be enough to add up and buy the machine for hashing. At the end of every successful hashing, they pay you via what your portion yield out.

 

[GoldenLady]

Purchasing it will be expensive, unless you want to tell me that you got enough money for that. The only way you can achieve such aim, is to partner with a legit mining network. By investing with amount you have, that amount will be enough to add up and buy the machine for hashing. At the end of every successful hashing, they pay you via what your portion yield out.

Is there any mining site you've used that you can suggest, because even those that seem legit eventually tend to crash.

Do share those you trust please

 

[Sincerem]

Is there any mining site you've used that you can suggest, because even those that seem legit eventually tend to crash.

Do share those you trust please

Currently now I don't use any free mining site. The cloud mining/mining pool platform I was using to boost my income online is becoming suspicious. People are complaining about the delays in their withdrawal and responds in queries of customers. So I wouldn't encourage you to utilize such platform. But if you are looking for a genuine platform visit; genesis mining, hashing24.com etc. They've been around for years now, in the mining Industry.

 

[GoldenLady]

Currently now I don't use any free mining site. The cloud mining/mining pool platform I was using to boost my income online is becoming suspicious. People are complaining about the delays in their withdrawal and responds in queries of customers. So I wouldn't encourage you to utilize such platform. But if you are looking for a genuine platform visit; genesis mining, hashing24.com etc. They've been around for years now, in the mining Industry.

Thanks. I assume those two require some form of investment, right?

It's good to know that some legit mining sites still exist.

Can I ask how much one can expect to make from them?

 

[Farhan Aslam]

There are a lot of mining sites available on internet and they are offering mining of Bitcoin ethereum litecoin and many other cryptocurrencies but my question is how we can know which mining site is legal and will give us return. Is there any criteria in which we can check this form is real or not?

The most important thing to do is to use it first. After using it for a while, see if you will be paid. If you are paid, think it is real. If you don't pray, think it's not real. And the demand that is paying you more will not be real

 

[Saqib Ajmal]

It is very difficult for us to know until we take the first income on platform because when we get our income from there for the first time we never believe that it is real or just right. Therefore, it is important that we first work on this platform, whether it is beneficial for the event or it wants to harm us, so we must first use our abilities and then see if we can get along with it. Yes or no

 

[Farhan Aslam]

No doubt paying is essential..but we cannot check payable site parsonally even we cannot work on it.
So there should be another method to check paying mining site

Than search those method and tell me

 

[Ralphjoe]

Determining a real mining site from scam mining site should be easy, a scam mining site will just tell you that their mining is run in the cloud without telling you any technical term of how you earn, then they will tell you how you can earn a very high coin just by buying one of their investment package. Most of these scam mining site will pay some few free miners just to make them to upgrade their plan.
Real mining site will tell you some technical mining terms like hashrate, mining power and the mining contract normally last for 6 months to 1year or more.

 

[Sincerem]

Thanks. I assume those two require some form of investment, right?

It's good to know that some legit mining sites still exist.

Can I ask how much one can expect to make from them?

I depends on how much hashing block you bought, I you bought are good hashing block via their platform you will stand a chance to gain up to 120-150% when you spend around $5000 for instance. That amount can get you up to $7000-7500 in a year time. It all depends in the contract agreement you bargained with the mining site. Miny.cc was a legit site that gives reasonable amount of money, when you invest in their mining pool section. But alot of people are given bad reviews about them. Because payment delays.

 

[Abibatabosede]

Talk of minnig site, I've heard a lot of defaming comments that I should not rely so much on this because they believe that it might fold up at anytime and taking down investors along.