Who is CCG Mining? 1:00
CCG Mining Team: 2:59
Mining Video proof: 4:39
Company locations: 6:05
Whois Domain Check: 10:05
CCG Mining products: 11:26
Open-Ended Bitcoin Cloud Mining: 14:10
Why does CCG Mining pay out only once per month? 23:06
How does CCG Minings alt-coin mining compare to Hashflare? 30:28
What are the mining maintenance fees? 34:04
How quickly will my hash power be enabled after making a purchase? 37:26
How to purchase additional hash power: 40:54
Paying for your mining contract with Bitcoin Cash or another cryptocurrency: 44:25
Successful purchase of 1 TH/s: 49:06
Final thoughts on CCG Mining: 49:37
Why am I invested in so many cloud mining companies? 52:49
CCG Mining is probably one of the most transparent Bitcoin and cryptocurrency cloud mining companies you can find. Offering truly "open-ended" Bitcoin mining contracts just like Genesis-Mining, these unique contracts will pay you for years to come. Based on Poland, the team at CCG Mining has built an impressive company that serves hundreds of private clients and businesses in addition to serving a growing number of cloud miners. While CCG Mining is not the cheapest cloud mining service, what they offer is a "white glove" type of service where mining enthusiasts can actually buy their own mining rigs giving you complete control remotely of mining various cryptocurrencies, or you can purchase an unlimited number of "open-ended" Bitcoin cloud mining contracts. CCG Mining also takes security very seriously and stores all of their Bitcoins in a "cold-wallet", off-line and unconnected to the internet away from malicious hackers looking to break into online "hot" Bitcoin wallets. So, who is CCGmining aimed at? This company is aimed at anyone who is skeptical of some other cloud mining companies that seem like a scam. Whereas even many popular cloud mining companies seem to hide behind a cloak of invisibility, CCG Mining lays all their cards on the table with employee photos on the about us page, professional quality videos and photos of their cloud mining facilities, public domain registration, and much much more that contributes to the transparency and credibility of this Poland based cloud mining company.
Maybe CCG Mining is for you? https://www.ccgmining.com/aff.php?aff=920
Is CCG Mining not for you? If you want to stick to the industry cloud mining leaders, Hashflare and Genesis-mining, then you can use my links below.
Get 3% off your next Genesis-mining contract by using my link below:
Yes, CCG Mining is still paying. However, most smaller Bitcoin mining contracts are not profitable and run the risk of being canceled due to the relatively low price of Bitcoin in relation to the high mining difficulty. Unless the price of Bitcoin goes back to $8500 - $9000 these BTC mining contracts are pretty much toast.
Robert can you compound your earnings looked at one company only to find that earnings could not be compounded. Looking for a company where it’s open ended and I can compound the earnings to build up to a profit margin that I want
Mark, thanks for dropping me a line. For CCG mining, they do not offer any way to automatically reinvest your earnings like Hashflare. Truthfully, I do not know of any other program that offers an easy reinvestment option. The good news for CCG mining, however, is that they are still up and running, but the SHA-256 Bitcoin contracts are basically unprofitable due to the price of Bitcoin and the network difficulty.
Hey please tell me in which mining company should I invest. I was using Vozex but they are into something bad I think they are running away so I have already lost a lot of my money in it. Which is the best mining company right now to invest except Genesis ? Kindly reply asap.
The only legitimate cloud mining companies that I invest in are Hashflare, CCG Mining, and Genesis mining. I have been invested with Genesis Mining and Hashflare since the summer of 2017 and have never had a problem with any of these companies.
At the present time, due to the low price of Bitcoin, the high Bitcoin difficulty rate, and the fixed maintenance costs charged to service these cloud mining contracts, I would not make a purchase right now with CCG or any other cloud mining company.
a good try BUT i have a real issue with ccg mining . an affilite and friend of mine made an account to ccg mining using my link . he first bought some contracts and my affiliate reward was 32$ , so far so good .... Ten days after the same friend of mine with my help while he dont even speak english bought some more contracts of total worth 2000 dollars .... CCG mining NEVER updated my affiliate rewards and when i contact them they keep on saying that their system telling them that my friend first used my link to open the account and bought some contracts and then he used OTHER LINK ..... so i cannot get these rewards .... UNBELIAVABLE ... has any of you heard such a stupid lie before ? how can someone use a refferal link to make an account on a site and then use OTHER link to make some more purchaces ? they are scaming in a real moron way .... my friend and refferal never used other link and i am sure cause i my shelf made these purchases using team viewer ( he doent even speak english as i said earlier ) since then i never bougth more contracts my shelf even if i want to and of course i never recomented ccg minig to anybody else
Did you make the purchase for him? Wow! What a nice guy. Look, I don't know what to tell you here. I cannot sit in judgement on an issue that you are having with CCG Mining. You can believe that they scammed you, but most likely there is some kind of boring technical reason why the affiliate commission was not credited to you. If you made the purchase via Team Viewer you can't discount the possibility that someone elses affiliate link was already in the browswer cookie long before you helped your friend with the purchase.
yes as i said many times he used my link to make an account he bought some contracts and then after some time he made some more contracts .... how can someone uses two different links ???? have you ever heart something like this before ???? its a joke ..... and as i said MANY times i my shelf made the payments via teamviewer .....
Again, I ask you, why do you believe that CCG Mining is lying to you when their affiliate tracking system is indicating that your friend used a different affiliate id to make that $2000 purchase? Do you know with 100% certainty that your friend used your affiliate link to make this purchase?
Lucky Ben, I am very sorry that my written words came across as sarcastic. Yes, any good cloud mining company would want to pay their customers on time as this is good for business. These payout issues remind me of Hashflare and Genesis Mining at times who also experience payout issues from time to time. Paying people on time is what CCG Mining needs to get better at.
sarcasm is out of place here. maybe some "your" people paid. but! a normal company should not pay selectively. there are conditions prescribed for the purchase of capacity. they must be respected, and not one to pay, but the second not. in favor of my words - do not answer more than a week for inquiries, they did not pay me in time, although they promised to do this, many of the same people left their comments on the Facebook group (who did not receive the payment). Therefore, if you are a thinking person, not a huckster who just wants to get referrals for subscribers, check the facts and tell your subscribers. be courageous and honest! )
Has everybody got their pay out for this month? I was really looking forward to receive my first pay out since it was supposed to be done on the 15 or 16 of every month but unfortunately still nothing🤔
Sam, I am really sorry about this. I emailed my contact at CCG and will be waiting for their response. It could be an oversight, an issue with their ETH payment gateway, or some other factor that we do not know about. Please be patient as we both wait for a response from CCG. I am sorry for the trouble this is giving you.
These are the important questions... Even if it looks legit like I said, if the company decides to shut down anytime, you lose your money. I had been with a company from Germany before that was registered in Switzerland... Eventually they shut down and everyone could not get back their money.
Francois, you are 100% correct. Anyone of us can lose our entire investment in these companies if they go bankrupt. And yes, it's in their TOS, or terms of service. It just goes to show you how much of a risk investing actually is. If you bought stock in a company at $50 a share, and the company tanks and your shares are now worth $1 per share, what legal recourse would you have? ZERO. It's the same with cloud mining. When the price of Bitcoin is high, we are all doing really well. When the price of Bitcoin is low, we all feel the pain. As an investor, you have to be able to weather whatever storm comes our way. It's par for the course in this space.
You have to expect that the difficulty will fluctuate with mining. In general, with mining, to maintain a certain payout amount, more hash power will be required. However, the bigger issue with Ethereum is the planned move to POS, or Proof of stake rather than proof of work (POW).
Hi Robert, thank you for your efforts, did you to make a withdrawal with CCG? in their FAQ they mentioned that the payout is only done once a month? is that true? if yes, what do you think about it?
USI Tech? They seem a little sketchy to me. Plus, they pulled out of the US market due to a legal injunction issued from the state of Texas. Personally, I think it's game over for all of the Bitcoin based lending platforms.
I would not pay from any exchange because payments can be delayed. It's just better to pay with Litecoin that in in your Exodus wallet. Your Litecoin payment will hit immediately if you pay from your Exodus wallet.
CryptoNick only recommend CCG Mining after I made a video about it. If you look at the date my video was produced about CCG Mining and the date CryptoNick's CCG Mining video was produced, you will see my video is several weeks older. In other words, CryptoNick was late to the CCG Mining YouTube video party. Actually, I don't understand your reasoning at all. If 100 people are telling you the truth about something and ONE person whom you don't like is part of that 100, you are telling me that your not going to believe the other 99 people on account of one person?
Hello I have a question they said they pay out once a month on the 15th but they pay Bitcoin to your wallet I'm not understanding that could you please advise because I'm getting ready to buy my first ever mining contract and I want to make sure that I'm doing everything possible and the correct way I've created to wallets and also bought a keep key and trying to make sure everything is secure so I just need to clarify are they talking about they make the cash payments once a month and I'm unsure please advise
CryptoRobert thank you that's the clarification I needed because people I've asked always say oh yeah this way is that way you came right out and say hey they paying Bitcoin so it's up to me then if they paying Bitcoin that I if I want to transfer it into USD I need to sell those Bitcoins correct or do I just exchange them for cash on cryptopia please advise
Ellis, how familiar you with Bitcoin cloud mining? The reason that I am asking this is that you seem confused about the payout on the 15th of the month. The payout will always be in Bitcoin and not cash. In order to receive your payment, you will need a Bitcoin wallet address added to your customer admin area. I hope that this clears things up a bit.
1 TH for SHA256, I was able to get it at $179.00 USD. But I am not able to configure the POOL. But on my Hashflare account I can configure the mining pool. Does CCG allow you to configure their mining pool?
John, thanks for asking this question. I use OBS studio to do my screenshot recordings. Afterwards, I do all of my video editing in Adobe Premiere. I must spend at least 10 hours per week editing my videos in Adobe Premiere. I am having a whole lot of fun though.
They don't accept US credit cards ( payeer,) the service they use for cards on ccg mining. I tried and it got canceled, contacted tech support( for Payeer) They said no US credit cards accepted. Hashflare does accepts credit cards. Great video, I wish I saw this before I lost my money at Bitconnect.
IS CCG GOING TO HONOR THERE OPEN ENDED CONTRACTS? OR LIKE HASHFLARE CAN/WILL THEY JUST UP AND CHANGE THEIR CONTRACTS ON PPL ? I LOVE HOW TRANSPARENT CCG SEEMS BUT IS THIS POSSIBLE ? I THOUGHT A CONTRACT WAS A CONTRACT AND COULDN'T BE ALTERED BY EITHER PARTIES......
All contracts can technically be altered by these cloud mining companies. Do I think that CCG Mining will change their open-ended contracts to one year contacts like Hashflare? I personally do not think that they will do that.
Robert CCG is using false or say fakey images starting from the CEO thats a generic photo which has been used in many fakey or scam sites. That Michal is a fictitious person. I dont think any real company will ever use false or fakey images on their website. its risky to invest on CCG MINING. WHY are they using false images if they are not scammers?
If the CEO is fake then please provide some evidence to back up your claim. So far I have not found any other photos of the CCG Mining team on other websites. I am sorry, but unless you can back up your claim you are not going to convince me that CCG Mining is a scam.
Personally, I do not think they are going to do the same thing that Hashflare did by changing their TOS. The CCG Mining team are hard at work trying to build their own mining rigs to reduce their costs. I was also told that they would like to be able to offer cheaper Bitcoin contracts like Hashflare that will be a short term like 1-year, However, there is no word yet on when they are planning on rolling this out.
Joel, that is true, that Hashflare changed their TOS last August from open ended to 1 year contracts. I felt very betrayed when that happened. But then I got back to reality and decided to keep making money with them. Will CCG Mining do the same thing and change their open ended contracts to 1 or 2 year contracts? I would hope not, but being fearful that they would is not a reason for me to not invest with them.
I wouldn't use Polka music to promote this company. Have you not watched The Polka King a film with Jack Black about a ponsy scheme ? Not saying this is one of those but it doesn't exactly Instil confidence
Does anyone able to get the payout from CCG mining on 15th? I paid for the contract with Bitcoin and the payout is long over due for 7 days now. Contacted Client service but not much of help. Of course, my withdrawal balance is exceeded the minimum for withdrawal.
Tony, thank you for commenting on the CCG Mining payouts. I am not currently aware of any issues with their payouts. According to the payment terms on their website, if you pay with Bitcoin "For Bitcoin: first payment cycle – the 15th and 16th days of the month, after reaching minimal withdrawal amount – 0,002 BTC." It could very well be they will be paying you out on the 15th the following month in February.
CCG mining buys has from other mining pools then it raises the price for to make a profit. This is why you can ot find them on blockchain, as they are not actually doing the mining. Send them a message and ask them about it.
Hey Robert, let me know the answers: 1. if I purchase a cloud mining contract in CCG mining, can I auto/manual reinvest from my balance to buy more hashpower or contracts daily, like Hashflare(where we can reinvest in SHA 256) ?? 2. Also let me know how long will this company last, Could this be a scam??
At the present time, there is no reinvestment option with CCG Mining. They told me that this is something that they are working on. As for how long they are going to last, I am not 100% certain, but I am betting on CCG Mining being around for at least a few years.
@cryptorobert Have you read the terms of service of ccgmining? I can't help but notice all the typos and grammar errors. You would think that a company that has 6 data centers can hire a proofreader for their website. Some of their terms of service don't even make sense to me since the English is so bad. :)
I just saw the news on Bitconnect and how many folks lost their money since there are youtubers out there promoting these PONZI schemes. I feel really bad for these people since they were literally scammed out of their hard earned money. The worst is the video of these promoters totally wiping their hands clean of any wrong doing. Anyway, I've done the duck test on CCGMining. Folks thinking of investing I recommend should do the same.
Bobik, yes, the terms and conditions page needs some work. But truthfully, a lot of these TOS agreements read more or less the same, minus the grammar errors, on Hashflare and Genesis Mining. So far, CCG Mining has not given me any reason to question their legitimacy.
@cryptorobert You can't possibly cringe with this grammar and what this says in their terms of service right? Do people really agree to these types of terms? I'm no lawyer but this looks really shady. "4.Termination.Either you or we may end this Agreement AT ANY TIME, with or without cause, by giving the other party written notice. Written notice can be in the form of mail, email or fax. In addition, this Agreement will terminate immediately upon any breach of this Agreement by you."
Their CTO linkedin was just created. All their linkedin profiles don't even work. You would think that a company that's focused on a very high tech business can make sure their links work so we can properly vet these guys if they can indeed deliver on what they promise on their website. If they can't even make sure these works and they claim that they can manage an entire data center of mining equipment then I rest my case. Cryptorobert maybe you should do a site visit since you seem to like this company so much and give us a report. Please take videos of all their mining rigs and do a quick interview with the CEO if you can find him. :)
Bobik, thank you for your comment, I really appreciate it. In fact, I think I will open a support ticket to address this very issue with regards to their missing LinkedIn and Facebook profiles. So far, their customer support has been outstanding. In fact, someone who recently made a payment to CCG Mining overpaid and CCG Mining refunded him for the overage which speaks a lot to their honesty. As for making a trip to Poland to inspect the cloud mining facility, while that is a goal one day, it's just not in the budget right now. Actually, a dream trip of mine would be to visit Iceland to see Genesis Mining, Estonia to see Hashflare, and then off to Poland to visit CCG Mining. If I ever make that multi-country trip I will be sure to document everything on my YouTube channel. : )
We might have found something: Their mining rigs: this "Fury Turbo+" is bullshit, that motherboard is Socket 1151 and only supports DDR4 memory. The processor listed is socket 1150 and the memory is DDR3.
They might not be that legit after all...
Jim, it looks like you a true believer in your own fictions. Even if I get back to you in 90 days to prove how wrong you were, you would probably come up with a new excuse to prove you are right and I (we) are wrong.
Nope. They register in London cuz its cheap and no legal ramifications. So what is their address where their offices are located? Oh yeah, for security reasons they wont tell you. Now thats real transparency.
Write back in 90 days and we will see who is right. I heard all these same transparency stories about Control Finance, Aurum Bank, etc. etc. etc.
Jim, with all due respect, you have NO idea what you're talking about. Many European entrepreneurs in central Europe set up the legal and financial arm of their company because it's A) there much less red tape with a vastly more business-friendly climate, and B) paying less in taxes because the U.K. has a current tax rate of 20% for corporations. Other industry-leading cloud mining companies have similar financial arrangements in other countries. Hashflare is financially tied to Scotland while Genesis Mining is financially tied to Hong Kong. When you consider that these businesses have a global customer base and reach, these legal connections to countries that they have no mining operations in becomes a non-issue.
Scott, it's a little difficult to figure out how to pay for a contract using altcoins. After you select "pay with another cryptocurrency" in the next page you have to click the Coin Payments logo. The Coin Payments logo does not say "Pay" or "Pay Now" which had me scratching my head for a while. I hope that this helps explain things better.
Did you make the minimum amount? Also, are forgetting that new orders do not qualify for a payout in the month you made your purchase. Because you scream that CCG Mining is a scam please read their TOS carefully.
tnx for amazing video. Please clarify on credit card payment. Hashflare pays from next day on credit card payment but locks withdrawl for 15 days.
Are you saying there won't be payout for 60 days for credit card and it will be only paid from 61st day onwards?
That is correct, you will not be able to withdraw any money or 60 days. Genesis Mining has the same limitations on credit card orders. However, for these 60 days, your Bitcoin balance will continue to grow.
So clear explanation...Awesome... but little query..
1)when they say contract like " BITCOIN 50 GH/s Open-Ended ".... does it mean we will get fixed continue 50GH/s or it may vary depends upon difficulty rate and so as it may affect our earning??...
2)if we go for " BITCOIN 50 GH/s Open-Ended" ... for how long we earn for 19.99$ .. I mean can we continue any period time as long as this plan exists or we need to repay 19.99$ after specific period of time??
Satish, sorry for my late reply. For question 1) if you purchase 50GH/s om CCG Mining you will get the full 50 GH/s and make about $2.40 per month. However, due to the increase in difficulty on the Bitcoin network, you payout will go down over time. So, let's say that 50 GH/s is paying you $2.40 per month this year, but in 2019 to get that same $2.40 per month it will take 60 GH/s.
For question 2) the 50 GH/s you purchase will last until it becomes unprofitable to mine Bitcoin. These are multi-year contracts.
Eero, that is very good news. I guess you can just tell them to skip the monthly payout and instead pay you in hash power. I think I might ask them to do that with some affiliate commissions that are pending. Maybe I will try that on February 15th.
That is a very hard question to answer because there are too many variables out of my control, such as the future price increase or decrease of Ethereum. The price of Ethereum is on the rise, but nothing is guaranteed. However, I favor mining contracts are a great way of increasing your coin balance by paying just a fixed upfront cost. After you recoup the contract price in a 6 to 8 months you can enjoy 14 to 16 months of pure profits.
My question was is it better to buy Etherium and hodl, or cloud mining Etherium ? I am new in this adventure and want to have as more information as it posible before invest first $. Tnx for your answer.
Sorry, my mistake! For some reason, I was thinking that Hashflares ETH contracts were 2-years in duration. I guess Hashflare is moving to a 1-year contract term for everything. In that case, CCG Mining is the winner for ETH contracts!
Aleksandar, thank you for your comment. In all truthfulness, I think the Etherium contracts at Hashflare are much cheaper then CCG mining. Both Hashflare and CCG Mining are offer two-year contracts with no maintenance fees but the Hashflare ETH contracts are a little cheaper.
Terrible pricing policy. Very slow start up to mine ( 2 days ..Hope they r aware how important 2 days in cyrpto word) high payment threshold, long payment cycle, VERY high maintenance fee(?) the only thing looks good is lifetime contrat ( but only looks so, everybody is well aware even after a year today's current hashpower will became nothing.)
Good video, congrats , well effort to capture some referral. Hope you will get a lot of newbie because some of the people here in you tube r prep. some sh*tty videos which has no info and boldly begging for a referral income
Alawi, I am very sorry but CCG Mining does not have a reinvest option like Hashflare has. They pay you out once per month, on the 15th of the month. If you want to reinvest in CCG Mining you will need to purchase an additional contract.
awesome! thank you for doing all the research will sign up under your link, i like how this platform is open and transparent, i got hashflare and crypterra too. these guys sound like the best over all even if you pay more per TH/s but money isn't everything right? LOL have a great week 😃
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Buying and selling.
4. Finding a market.
Now all you need to do is find your desired market, in which you will trade a certain amount for another cryptocurrency. Before placing an order, make sure you properly analyze the market, and agree with the current best price. If there are enough available tokens at your eligible price, your order will be immediately taken care of. If not, your order will be waiting for someone to trade at your desired price.
5. Trading on Poloniex.
It is also possible to mine specific cryptocurrencies so you can trade them. Although popular coins such as bitcoin can be ruled out for most users, currencies such as Monero and Bytecoin are optimized for CPU mining, and pretty much everyone can get a few coins.
Finally, it is possible to earn Steem by blogging on the Steemit platform, or to earn Siacoin by sharing your available disk space with users all over the world via the Sia platform.
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