A while back I read someone was trying out a few sites that claimed to offer free cloud mining of Bitcoin. I tried BitMiner and StartMiner as all they required was a Bitcoin address. They claimed to pay 0.0006 btc per day and you can withdraw at 0.005 btc, i.e. after about 9 days. They seem to offer identical services so I wonder if they are run by the same people or at least use the same software.
I'm seeing some discussion that at least the first one doesn't pay out for a free account. I did reach the minimum, but it says my withdrawal is 'pending'. That may be due to me logging in with more than one Bitcoin address when I was playing with it. I see a couple of people used my referral link, but they won't lose anything apart from potential earnings. Maybe their paid options work, but the returns seem very high, so I have to wonder if it's for real. As with most things, offers that seem too good to be true often let you down. I apologise if I got anyone's hopes up. I won't be including those links any more and will double check any other schemes I try before sharing them.
I can say that Eobot does work if you buy some cloud capacity. I'm getting Steem from that after using a few dollars in btc I had from various faucets. I have ten referrals so far and one bought more than me. I get 1% of what they make. The break-even is up to over 21 months now due to the falling Bitcoin price, but the contract is five years, so I should get my money back in the end.
WowApp earns me a little too if people sign up to use their messaging client. It's only cents, but the app is not too bad with the option to play games to earn more. I do use the app and have some fellow Steemians on there.
I'm really just playing with these various schemes to see what they do. Maybe if you live somewhere where a few dollars can make a difference to your life they may be worth it. Meanwhile I can make dollars from a Steemit post and have some fun in the process. I expect that will be my main on-line income source for the time being.
Please support my open mic entry.
Mine cryptocurrency, including Steem, in the cloud at <href="https://www.eobot.com/user/513333">Eobot. You can earn as you chat using WowApp. If you use these links I get a small reward. You can recruit others to do the same.
There ain't no such things as a free lunch
Very true. The free ones require a time investment. It may be small (30 seconds or so for an ad) but over time it adds up. I personally spend my time writing here on #Steemit and other sites, that I own, to earn money instead. Much better use of my time.
I am not saying these faucets are bad. I did a lot of them when Bitcoin was $150 or so per coin. That money sat and now is worth a lot more (the payout minimum was a lot lower back then too).
That's the truth, but you may get the odd freebie if you are lucky. There's just always a catch
These Bitminers are Scam or better said - they only pay if you upgrade and buy but usually not for free members
We live and learn. I should have done more research first.
True - was same for me - trying and seeing :-)
Without investment Eobot is very slow mining, I tried. 6 Satoshi per day
For a few dollars I get about 1c per day. Better than nothing
I signed up yesterday, using your link ;)
Not looking to make much, am more interested in playing with it.
Currently mining STEEM from my first payout on the faucet, not sure if the 5 year plan is worth it unless you have a lot to start with, so going to keep trying the 24 hour plan.
Thanks for posting your opinion, I was wondering if it would be worth it for BitMiner and StartMiner, so have been waiting for this exact post :D
I hope it works well for you. The internet is full of scams, but it can also help us find out about them. BTW You can get about 0.03 Steem per day from the Eobot faucet if you think it's worth the time.
nice post, could be a lesson for others..
god jobs @steevc. thanks :)
We need to know from others what really works. We can all learn something
yes yes, I Agree :)
Yes. Sometimes our efforts may also go waste. So we have to be careful.
This didn't cost me anything, so just a lesson learned
A lesson learned is always good.
I noticed on Eobot that they've changed the withdrawals. It seems you can withdraw any time now and the mining fees are smaller (which is smart because they'll make more with the smaller withdrawals). I have mine set to the ghs 4.0 and throw all my Doge at it once it accumulates but it's taking forever. And I don't have any referrals because my friends are dorks. LOL
I've gained a few referrals from my links here, so it's worth a try. Just need a few to actually buy some cloud mining to get something for it. You can get something each day from the faucet, but it's a tiny amount