Cloud Mining Troubles

So, you got some mining experience or know your stuff, but you're still losing coins? I really don’t get it. I mined around $1500 worth of Bitcoin on this cloud mining platform. Then I came across some airdrop links and thought, why not? Just two days later, I have no idea what happened to my wallets. Both my funds and the airdrops just vanished. Is this some kind of scam?

Cloud mining is usually scam unless they are manufacturer as well. If you had your coins stored on third party's wallet/service, then there is a chance they took your coins. Always learn how to secure your coins first and then go after mining or trading. Providing more details is also required to conclude what really went down, sorry to hear that you lost money, hope you recover from it.

I think that, here is not the right section of the forum to ask your question. Look at the first post of the mining section : https://bitcointalk.org/index.php?topic=2415854.0 Cloud mining is not real-mining, it is almost always only numbers on a UI of a website and nothing more, only a scam. If you put your public Bitcoin address in an explorer (mempool.space for example), what do you see? Incoming and outgoing transactions? Nothing at all? We don't have enough details to help you. But basically, excuse me for saying this, but there is a 99.9% chance that you just got scammed. There was probably never any Bitcoin on your address, but only you can find that out by checking your address on an explorer.

I've investigated numbers of cloud mining in the past years, I have faced some cloud mining teams, I asked them to show proof of the mining equipment they have in their farms and no single one was able to.. The excuse they made was, they want to keep it private because they don't want to reveal their mining operation location. What kind of excuse is this? I never asked them for their sign board or mining farm field pictures. Yet many people believed them.

On which wallet did you store your bitcoins and where was the seed phrase stored?

You "mined" on a scam website, the numbers you saw there were just random numbers that show virtual earnings in order to tempt you to buy more and make more money. Most likely they never actually mined one satoshi as they never had any hardware in the first place. If you mean "form" of scam, yeah, definitely!! I'm really concerned that you don't even know how things work yet in another thread you you claim you're teaching people about bitcoin. What could go wrong with this?

yes it's just a scam. and also airdrop what?  as a general rule, 99% of cloud mining platforms are just fake, ponzi or ... a scam. the other 1% is just not profitable. if you're not able to withdraw or your money disappeared well... you have been involved in a scam and there is not much that can be done at this point

I am tired if people Saying that they have lost money in Cloud mining and there are some friends of who got scammed by these websites. Ànd I told him not to do these things, you will only loose money and still I think that There are some ignorant people who are in crypto filed and they will loose money and scammers will make money too. So I will say that say away from this mining site and you will always loose such money.

Cloud mining is an obvious scam and I hate to see people falling for it. If you want to mine, then I suggest you do real mining. Sure, you might need to buy (invest into) some expensive equipment and you might not see a return profit for a while but you will pay off your expenses in time and then you will be making profits. No middle man, no third parties and no shady deals. All it takes from you is some time, some self-research, dedication and some patience. Anything that seems to be too easy/cheap/good to be true, probably is. This goes especially when your wallet does not belong to you but rather to some third party. Not your keys, not your coins.

I got a question: 1.  Did you manage to withdraw the money worth  $1500 that you earned from cloud wave to your personal wallet? If you manage to withdraw your earnings to your personal wallet then it is possible that you got phished by the link. If you do not touch anything and just leave your earning on the cloud mining sites then it is very possible that the cloud mining site retract your earnings.  If you deposite something on that site then I can say that you are scammed. To make sure that you are phished and not scammed, then you can check the transaction hisotry of the cloud mining site.  If there is no withdrawal and your earnings is gone then it is a sure thing that the site scammed you. If there is a record of withdrawal to another wallet that you do not know then you need to clean your system of the trojan that is injected into your unit sytem when you clicked the suspcious link. Whether you are hacked or phished or scammed, I hope the reply on this thread give you insights and learning to do better next time and avoid the same thing to happen again. I don't know if this is your personal wallet or the cloud mining site wallet.  If this is your wallet then most probably you have been hacked/phished.  Your system needs cleaning, and change all your emails  and important account password after you cleaned your unit system ASAP.  I think the best course is to reformat your storage and have a clean install of the operating system, just make sure to make a back-up of important data before doing the repair. Install anti virus/malware and rescan the file that you backed up.

This is not a surprise as this has been going on for a while now. Cloud mining is a scam. You should have known that only if you had spent enough time in this forum. I have seen many post about this, and they all are the same. They will give you a juicy offer to get involved, they will also show great progress on your mining. But when it comes to withdraw, you are asked to deposit certain amount of fee to do it. Or many other way in which they scam people. It is always the best to avoid such things and get a hardware mining rig to mine for yourself. If your coins were in their own wallet, then you got scammed. If not, then the wallet you were using to join the airdrop, got compromised by hackers.

Are you referring to cloudmining website platform? At this time, this concept of method is no longer profitable in the crypto business. Unless you have your own mining rigs that you bought and have at home, I can say that it's okay anyway. But that still depends on the cost of electricity you have.      Be careful with cloudmining and don't just put money in, I hope you learn to research these kinds of investments on the cloudmining platform one day because you really won't be able to open the account you made here.

Oh it's always profitable mate just look at the dozen cloud mining scam out there the return was great  you can actually double it your money in no time. But seriously cloud mining platform will always there run for some bit and show their real pict of miner and goes boom. why do people still believe it  . I do bet their owner of cloud mining scam is same