The Mining FAQs page obviously has copied content, hence the similarity you are able to see. Inform DMCA to take care about that.
I know how frustrating that is and I am with you on this and Amit should answer about that.Why is there copied content on the website and how can a user be assured that you are not somehow related to some other cloud mining service.
I have no interest in informing DMCA about anything. The thing is, if some of the website information is palpably untrue, how can a prospective client tell if anything else is true?
I see that the website has been updated and the link to HashOcean removed from Mining FAQs. I take it that the Mining FAQs are now correct, having been reviewed and altered?
If that is the case, then Gain are mining with Radeon R9 280 X video cards. No other hardware is mentioned anywhere on the website, apart from
we are using latest advanced ASIC miners in our data centres.
This is a bit confusing, I'd say.
Which is it?
On the subject of data centres, on the relevant page there is a picture of something that is obviously not a 'data centre' and a blank map.
There was this one
Not very informative, apart from whatever confidence you take from dealing with people using gmail addresses.
On the front page, there is now something called a "Bitcoin Mining Calculator". This is nothing of the sort.
This is a mining calculator.
http://www.coinwarz.com/calculators/bitcoin-mining-calculatorNote it uses electricity cost, difficulty, pool fees etc. all of which Gain makes no attempt to quantify.
So if I may understand correctly, you judge a book by it cover and post your expert opinions over the forum.
You can put it that way if you like.
Nowhere do I say I'm an 'expert'. I just look at what people say and see if there's any corroborative evidence. Always a good idea before sending Bitcoin to them.
Before labeling Gainbitcoin a scam, Have you actually joined Gainbitcoin and not received mining output? I joined 6 months ago and I have proof that I got every single output on time.
Why would I want to send any money to a site that says they ROI in ten months mining Bitcoin with video cards?
You do understand that because a site makes some payments that in no way legitimizes them? You heard of the term "Ponzi Scheme"?
There is a
thread that helps identify the characteristics of a Ponzi posing as a "cloud miner".
These are the criteria
1) No public mining address / no user selectable pool.
A cloud mining company that wont let you direct the hashrate to your pool of choosing and cant prove its actually mining bitcoins itself, is very likely a scam. There is no reason to hide mining address or not sign blocks. None.
Gain fail.2) No endorsement from any asic vendor
Asic vendors will gladly make a simple post to show the company in question is a significant customer of theirs. Its free advertisement for them and it helps their customer grow their business, so there is absolutely no reason they wouldnt. If a (cloud) mining company cant get any asic vendor to post such endorsement, you should assume they dont have any hardware to mine with.
Gain fail.3) No relevant pictures of their hardware and datacenter
There is no reason not to provide such pictures, except of course, if there is nothing to take pictures off. Mind you: pictures can be faked. Picture dont prove current ownership. So like all criteria listed here, by themselves they are by far insufficient proof.
Gain partial pass, pictures but no location.
4) Open ended IPO / fractional reverse mining risk
Unless the cloud mining is operated by the asic vendor himself, you can not sell an unlimited amount of hashrate. Hardware takes (usually a long) time to order, arrive and deploy. Any company that doesnt limit sales or make public how much hashrate they sold vs what they have (provably) deployed should be considered suspicious.
Gain fail. 5) Referral programs and social networking
Referral programs, especially ones that pay almost 10%, are a huge red flag. The mining market is cut throat with razor thin margins. No real company can afford to pay 10% referrals on below market cloudmining prices. Referral programs almost always serve only to feed the ponzi and provide financial incentive to posters to lie about the true nature of the company. Never trust anyone with a referral link in their sig.
Gain fail.6) Anonymous operators
If the operators are hiding behind whoisguard, provide no provable identity and especially when, like in some cloudmining cases, they use demonstrably false ID or company registration information, you have to be nuts to trust them with your money.
Gain fail. Until Amit turns up, anyway.
7) No exit strategy
If you cant sell your position, you cant get your money out. Thats the ideal case for a ponzi and allows it to run for a long time.
Gain (generous) neutral. Mining FAQs say
Can I have my money back if I don’t like something? Of course you can. We also give 100% of your contracts back without any fees.
8 ) Bonus point for "guaranteed profit"
So far, Ive only seen bitcoinmaker.ch do this. If anyone guarantees you a bitcoin denominated profit, and especially a 30+% one, you can be sure its a ponzi, all the other criteria become unimportant. There is no such thing as certain profit when it comes to mining, no one knows how the network will evolve, or what btc exchange rate will do. If anyone could somehow be certain of making a 30% profit, they wouldnt need your money (and they wouldnt give the profit to you).
Gain Fail. Stable roi, guaranteed returns
6/7. This puts Gain in the exalted company of Cloudminr.io, hashie, scrypt.cc and many, many others.
Here mate, have a look at original forum post from where your conclusions began, https://forum.bitcoin.com/post20828.html#p20828 .
A simple misunderstanding, Virtuado from Brazil had paid in BTC for the contract, But as a result of complicated UI/UX, His contract did not activate for a month. He did not receive help from support on time and him calling Gainbitcoin a scam seems just . Once helped through the contract activation process and after receiving output he deserved, He very politely accepted and took back his words.
I have no conclusions, only observations. If you look, you will see I responded to your advertisement post before he had said anything.
Now unless and until you actually start mining at Gainbitcoin and you have issues receiving any output problems from Gainbitcoin, Refrain from calling it a scam as it seems you are labeling Grapes as Sour.
It doesn't work like that. You have more chance of flying to the moon than getting me to put money into such an unconvincing venture. Why on earth would I, or anyone?
Let Amit respond to rest of your queries regarding Highkart.
Let Amit respond to anything....if someone was badmouthing my business, I wouldn't leave it to a customer to put him straight.
After all
There is no cause for concern unless Amit stops responding / goes AWOL on Bitcointalk. He has always been very active on these forums.
who refers you thousands of her clients so that's good
