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
Topic: 3$/Ghs as low 2.6$/GHs do you think sminers.com Legit ? (Read 4788 times)
Thanks.
Guess Ill go back to the same old story of waiting for HW providers to deliver on the delivery dates.
Guess Ill go back to the same old story of waiting for HW providers to deliver on the delivery dates.
Sorry dude.
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 ?
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 ?
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"
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"
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?
sminers, could you post the photo of your datacenter and installed machines?
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.
That is of course if there are even any machines at all.
No pictures only his word.
This is a scam. Mark my words.
Hello sminers, one question:
- How many 2TH machines do you have?
- How many 2TH machines do you have?
What makes it a scam? It isn't unbelievably cheap?
Not certain if you'll even make your money back
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$
What makes it a scam? It isn't unbelievably cheap?
Not certain if you'll even make your money back
Not certain if you'll even make your money back
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
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.
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
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.
Bullshit.
You are a scammer.
You are a scammer.
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 ?
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 ?
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.
There are no 2TH machines.
It's true, there really are no 2TH machines, that's racist. They'd rather you call them miners.
https://www.kncminer.com/products/neptune-second-batch
http://blackminer.com/asic-bitcoin-miner/black-miner-tower-base-unit-1-2-ths/
http://cointerra.com/product/terraminer-iv-2ths-networked-miner-january-soldout/
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.
There are no 2TH machines.
It's true, there really are no 2TH machines, that's racist. They'd rather you call them miners.
https://www.kncminer.com/products/neptune-second-batch
http://blackminer.com/asic-bitcoin-miner/black-miner-tower-base-unit-1-2-ths/
http://cointerra.com/product/terraminer-iv-2ths-networked-miner-january-soldout/
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
I'd do it but I have 0 trust rating like the 99.999% people here.
James
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).
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.
Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay
You registered today, not 30 min ago, just to post a positive review about a suspect company. I call bs. i second that
I third that
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).
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
They can't. That is why there are fake posts like the one above yours to try to get people to bite.
Scammers gotta scam.
Scammers gotta scam.
http://www.youtube.com/watch?v=QpnvTjtpyIg
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).
http://thegenesisblock.com/mining/a/799ec8f9a2 (assumes current difficulty increase rates, 400 GH/s and $800/month ($2400 for three month contract).
They can't. That is why there are fake posts like the one above yours to try to get people to bite.
Scammers gotta scam.
Scammers gotta scam.
This has to be a scam because the price is less than the bitcoins that would be generated in the given timeframe. For example, they are offering 400 gh/s @ $800/month. At current network difficulties, that would net you about 2 bitcoins in the first month. Right now bitcoins are worth about $625 each, so you would net $1,250 from your $800 investment. Theoretically, I could deposit 1.28 bitcoins with this company, and then withdraw 2 bitcoins in a month. How can they possibly make money?
Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay
As others have alluded to. This is a shill account. I would not take this statement as fact. This poster joined the forum 15 minutes before posting here.
It does not surprise me in the least bit that the scammers doing these types of scams are very active on these forums. The forums here serve as a nice little blueprint on what to do to run a successful scam. It is great for them, they can see where mistakes might be made and can adjust accordingly.
Even if they only get a handful of people it is a win for them.
Scammers gotta scam.
Hi, my name is John and I have joined this forum solely to write a review on sminers. If this does make me a scammer than probably I'm in the wrong place writing this.
After reading your forum discussion, the only one out there about this new rig, my brother and I decided to take a leap of faith and 9 days ago both opened accounts with them. We both got the Starters plan and after a week each have been credited with 27.3 $ into the account. Normally, to see if it works, we decided to withdraw all of them, so both opened a support ticket requesting the withdrawal. Both of our wallets were credited with BTC 0.041222, respectively BTC 0.04192547 my brother, depending on the time of the day we requested the cash out and the bitstamp BTC/USD currency rate at the time.
Now I don't know if this setup is for real or not, I consider It's a bit too early to call this foolproof and I certainly don't want my review to persuade you into loosing coins on this one, all I am saying is that it worked for us, it might work for you too.
Hope this helped and finally that they prove to be as real as they advertise to be. Regardless of the outcome, I will keep you posted weekly with further developments with our accounts.
John
I wont risk my BTC on this..
Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay
As others have alluded to. This is a shill account. I would not take this statement as fact. This poster joined the forum 15 minutes before posting here.
It does not surprise me in the least bit that the scammers doing these types of scams are very active on these forums. The forums here serve as a nice little blueprint on what to do to run a successful scam. It is great for them, they can see where mistakes might be made and can adjust accordingly.
Even if they only get a handful of people it is a win for them.
Scammers gotta scam.
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
Also this comment should raise a flag.
...and this.
I am calling scam on this one. It looks very much like some recent scams only the twist this time is instead of selling the hardware they are doing the shares model.
Stay away.
Nordre Nostekaien 1
5011 Bergen
NORWAY
Also this comment should raise a flag.
Quote
We have supplied multiple ASIC Bitcoin miner Hardwares capable of an incredible 2 TH/s of mining hashing power each
...and this.
Quote
Currently we only accept Bitcoins
I am calling scam on this one. It looks very much like some recent scams only the twist this time is instead of selling the hardware they are doing the shares model.
Stay away.
If it sounds too good to be true, its because they must lack something some where.
Check the site and compare others all across.
Check the site and compare others all across.
This makes no sense at all, unless they have their own asic hardware, or need subscribers to 'lock in' to equal monthly payments for a year. Either that or their fees are very high?
It isnt that cheap is it? Looking at $36 per ghs a year? Cex is cheaper than that.
The main difference being that with Cex you have to shell out the full contract price up front. If this is real I might consider it to get started as I have limited funds and only like .04 btc right now so shelling out btc for a full year contract price would be extremely difficult as I am having zero luck finding a legit way to acquire bitcoin without mining it.
I'd have loved to purchase one of the asic miners if I could have managed to acquire the bitcoin to make the purchase.. Maybe I can manage to get in a monthly contract deal, at least to get started and boost my 17gh from my antminer u1's. Im getting nowhere fast with those with the difficulty increases. break even point is probably years from now.
It isnt that cheap is it? Looking at $36 per ghs a year? Cex is cheaper than that.
if they have that much profit possibility why would they not mine for themselves? ergo.. prob scam
Well, I don't think that just because someone offers mining contracts that it's automatically a scam. There's pros and cons on each side for the seller and the buyer. The seller recoups operating expenses immediately (rather than converting mined BTC to fiat) and the buyer gets to participate in the marketplace without a huge capital investment. Is it profitable to charge someone to mine for them? I don't see why not, some people want to mine but aren't tech savvy enough for it.
While researching the mining contract marketplace, I came across one site (airtechy) that claimed that they had 382 Th/s, yet they are pretty much unknown in the mining community. Scraping up 382 TH/s is no easy feat, my guess is that they are just trying to resell cex.io or another brokering service. Right now it's the wild west, you can't tell legit from scam without doing a huge amount of due diligence, which can be tough because bitcoin mining companies want to have some privacy and security.
if they have that much profit possibility why would they not mine for themselves? ergo.. prob scam
Mine over 0.15 BTC / M , its not going to be that tho because of the difficulty increase
Not sure if they are legit or not, they have an interesting business model though.
I'm interested in doing a mining business too, but not sure the best way to do it. Some companies sell gh/s contracts, others offer bonds which pay out for the entire farm like a dividend. I have potential investors, but up until now I've just been doing it for fun. Reading threads like this though make me want to keep my farm private.
I'm interested in doing a mining business too, but not sure the best way to do it. Some companies sell gh/s contracts, others offer bonds which pay out for the entire farm like a dividend. I have potential investors, but up until now I've just been doing it for fun. Reading threads like this though make me want to keep my farm private.
Seems legit 
well they are so new the forum has a grand total of 5 posts. now the cheapest plan is 90 usd for 30 gh hash. a 1 month contract.
http://bitcoinwisdom.com/bitcoin/difficulty
plug in 30 gh and it shows at 625 usd a coin and a diff of 2612 mill you earn 3.60 usd a day . So the deal looks like it may make money>
I for one would not give them 90 usd for a month. oh they claim to have 42th which now days is not that hard to do.
my problem is the platinum plan 500 gh 1 month 1300usd
at todays btc price of 625 usd it should almost be certain to profit.
the next 7 days you would earn 0.672 coins
then diff jumps to 3121 mill
so for 11 days you would earn 0.886 coins
then diff jumps to 3800 mill
so for 12 days you would earn 0.790 coins
so that is a total of 2.347 coins at 625 a coin that is 1467 usd for 1300 usd in 1 month's time.
that is too good of a return. So I am inclined to think it is a scam.
http://bitcoinwisdom.com/bitcoin/difficulty
plug in 30 gh and it shows at 625 usd a coin and a diff of 2612 mill you earn 3.60 usd a day . So the deal looks like it may make money>
I for one would not give them 90 usd for a month. oh they claim to have 42th which now days is not that hard to do.
my problem is the platinum plan 500 gh 1 month 1300usd
at todays btc price of 625 usd it should almost be certain to profit.
the next 7 days you would earn 0.672 coins
then diff jumps to 3121 mill
so for 11 days you would earn 0.886 coins
then diff jumps to 3800 mill
so for 12 days you would earn 0.790 coins
so that is a total of 2.347 coins at 625 a coin that is 1467 usd for 1300 usd in 1 month's time.
that is too good of a return. So I am inclined to think it is a scam.
Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay
You registered today, not 30 min ago, just to post a positive review about a suspect company. I call bs. Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay
You registered today, not 30 min ago, just to post a positive review about a suspect company. I call bs. Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay
D- for lack of effort. Don't insult our intelligence.
No phone numbers or addresses = scam. Hard stop there, don't ever buy anything from a company you can't verify the existence of.
Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay
You registered today, not 30 min ago, just to post a positive review about a suspect company. I call bs. i second that
Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay
You registered today, not 30 min ago, just to post a positive review about a suspect company. I call bs.
Hi, I have their platinum plan since 2 weeks ago, mining revenues been credited into my account every week and every withdrawal request I made recieved within 24 hours and without delay
use search function, if u cant find anything about them here, there are 99% chances to be a scam
Hi do you think this hosting site legit ?
https://sminers.com/
3$/ GHs and as low 2.6$/GHs just announced last week.
Cheers,
https://sminers.com/
3$/ GHs and as low 2.6$/GHs just announced last week.
Cheers,
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