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Topic: 3$/Ghs as low 2.6$/GHs do you think sminers.com Legit ? (Read 4847 times)

sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
Same story with PBmining.com

Won't provide pics, won't show any newly generated coins, taken 100 btc so far this month - mostly after advertising here.

look at them refusing to post pics or even show proof of mining here:

https://bitcointalk.org/index.php?topic=418183.640

Got 10 btc earmarked to invest in mining personally and everywhere I look is a scam


newbie
Activity: 17
Merit: 0
Thanks.

Guess Ill go back to the same old story of waiting for HW providers to deliver on the delivery dates.

sr. member
Activity: 294
Merit: 250
тσ ¢σιи σя иσт тσ ¢σιи?
Sorry dude.
newbie
Activity: 17
Merit: 0
Seems like the last time that sminer/OP (https://bitcointalksearch.org/user/sminers-251047)

was last active: March 03, 2014, 01:16:56 AM

So they must of locked the forumn for posts yesterday, and now they are down ?

newbie
Activity: 17
Merit: 0
sminers.com is down.

This is what was posted on the web site.

We are experiencing a DDoS (Distributed Denial of Service) attack at the moment. This is causing the temporary unavailability and network issues. Our Technical Department is currently taking all the necessary measures to neutralize this attack and the resolve the normal workflow. We apologise for any inconvenience that this may have caused you.


Also, the offifical sminers thread has been locked.   https://bitcointalksearch.org/topic/sminerscom-shared-bitcoin-mining-plan-483138

Can anyone say "Goodbye money"
newbie
Activity: 46
Merit: 0
sminers, could you post the photo of your datacenter and installed machines?

Requested documents will be provided very soon

Very soon? several hours passed. If you're serious about your business (if it existed) the photo would be here a few mins after your reply...

It's bullshit your business is bitcoin based - I bet you pay your electricity bill in local currency... unless you come up with some claims like "we have our own wind farm/solar powered data center" then please provide the photo of your miracle power plant

How about that location? Can you provide us with the actual photo of the building where you reside at given address?
member
Activity: 120
Merit: 10
sminers, could you post the photo of your datacenter and installed machines?
sr. member
Activity: 294
Merit: 250
тσ ¢σιи σя иσт тσ ¢σιи?
42TH is what it says on the web site so that means they have 21 custom built 2TH machines. They also claim to have over 300 customers so far. If each customer takes the lowest package available that means at least 15TH is already rented.

That is of course if there are even any machines at all.

No pictures only his word.

This is a scam. Mark my words.

member
Activity: 120
Merit: 10
Hello sminers, one question:
- How many 2TH machines do you have?
legendary
Activity: 1918
Merit: 1018
What makes it a scam? It isn't unbelievably cheap?

Not certain if you'll even make your money back

One Ghs on Cex.io is 0.244 at the moment which means approximatively 13$

3$ is low enough to make a profit, you can pay higher than 3$ and still make a profit if you can sell the Ghs for a high price. I am selling my antminer 1.6Ghs and I received an offer at 80€=110$ which means 1Ghs=69$
newbie
Activity: 58
Merit: 0
What makes it a scam? It isn't unbelievably cheap?

Not certain if you'll even make your money back
legendary
Activity: 1512
Merit: 1057
SpacePirate.io
Just doing a quick google map search on the location advertised on their site brings up a building that is under construction and located in a port.

Nordre Nostekaien 1
5011 Bergen
NORWAY


That doesn't necessarily mean anything, the building I live in is a big hole in the ground on Google maps.

Not saying this isn't a scam though, about 95% of these sites are scams.

Also, as for the new account. There was a time when newbies only had very limited forum access to prevent this sort of thing. Don't expect anyone to believe you unless you put in some time here because shill accounts are very common.

Well said... lots of people have been getting scammed of late (group buys, shady websites, etc). All we really have at this point is the community to watch out, some of us are over cautionary and others not cautionary enough. The fake reviews are pretty easy to spot, but some people are getting slick with these types of "hey have you bought from xyz" and then a shill posts another "yeah, I have and...".  It's good to have people watching out for one another here. 

full member
Activity: 174
Merit: 100
Just doing a quick google map search on the location advertised on their site brings up a building that is under construction and located in a port.

Nordre Nostekaien 1
5011 Bergen
NORWAY


That doesn't necessarily mean anything, the building I live in is a big hole in the ground on Google maps.

Not saying this isn't a scam though, about 95% of these sites are scams.

Also, as for the new account. There was a time when newbies only had very limited forum access to prevent this sort of thing. Don't expect anyone to believe you unless you put in some time here because shill accounts are very common.
sr. member
Activity: 294
Merit: 250
тσ ¢σιи σя иσт тσ ¢σιи?
Bullshit.

You are a scammer.
newbie
Activity: 3
Merit: 0
Hi,

A few days ago simply I searched sminers on google and found this forum and tried to express my situation but I was accused to be a puppet just because it was my first comment in this forum.  but I think all of the members have registered one day and one day was their first participation and it is not the reason to be insulted or accused of.

As I see I'm not the only one who post a positive review and get insulted!

I really don't want and didn't want to support or recommend anything just I wanted to share my experience , it is not the reason to be insulted . I have an account with sminers and so far they have given a good support and I'm satisfied with the result. I would invite other sminers members to register, put their comment and share your experience with others so the situation would be more clear and not to be afraid of being accused of being a newbie !

and others,... we can talk together ... we can discuss ... we can be against each other's opinion but why insulting ?
newbie
Activity: 5
Merit: 0
Your girlfriend cheating on you made you edgy and paranoid. Maybe you should listen to your mother and do the penis enlargement operation. It will give you back your confidence and complete you in ways you cannot imagine, you sorry little man.
sr. member
Activity: 294
Merit: 250
тσ ¢σιи σя иσт тσ ¢σιи?


None of them have shipped yet you plank !

How the fuck do these guys have 42TH worth of machines.

Keep digging your grave. You make this far too easy. You are a scamming cocksucker.
sr. member
Activity: 448
Merit: 250
Can someone with positve trust rating give these shill accounts a negative rating each?

I'd do it but I have 0 trust rating like the 99.999% people here.

James
sr. member
Activity: 294
Merit: 250
тσ ¢σιи σя иσт тσ ¢σιи?
If it requires a 3-month contract, they can make money since the rates stay the same.  400 GH/s at $800/month gets sminers $2400 over the 3-month contract, yet only earns $2130 at current estimates, so the customer is out $270.  It's a gamble that's weighted on the company's side.  If BTC goes up, then one could make money.

http://thegenesisblock.com/mining/a/799ec8f9a2    (assumes current difficulty increase rates, 400 GH/s and $800/month ($2400 for three month contract).

1. It does not require a 3 month contract.
2. I don't know what their business model is but I know that Butterfly Labs is selling 300 GH/s cards at 1,497$ when just yesterday I have clicked on a banner of theirs selling 100 GH/s for a thousand eighty something dollars with delivery on May.
3. Bitmain is offering their miner at 1.45 BTC  https://www.bitmaintech.com/product.htm with delivery on the 28th of this month. I saw videos on youtube about overclocking it to 200 GH/s. That means about 4.5 $/ GH, and YOU OWN  the hardware. (They are not selling this with a loss)

My opinion is that selling the GH at 2$/month, without ever owning the equipment seems like a feasible business model, considering we don't know how much they paid for the thing or how much the BTC/USD rate will be the next minute, or the next day, or month. Personally I have got into the Bitcoin a couple of weeks ago, when it was around 730$. What BTC minig calculator would you recommend for me if I were to go back in time?

John 

Sorry John. Nothing you say will convince me that this is not a scam and you are just a puppet.

There is no company. There are no 2TH machines. This is a scam.



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