Topic: [ANN] CRYPTO MINING GAME, Earn Satoshi, Doge and Litoshi by playing to mine (Read 83642 times)

All of us know that the CMG is faucet, but Jamboom live in some imaginary world where he believe that CMG is a game.
He is convinced that paying is only benefit not the necessity or something which is regulary.


In this moment patrons are the only thing which hold this sinking boat.
I lost all my hope that I will be able to withdraw any single coin anymore.
Hope, that more and more users understand this and stop use the "Faucet".

and Jamboom totaly doesn´t care !!! 

For a celebration of your leave he will release another useless card and add some obstacles to withdraw...sorry i mean obstacles to be able join the lottery for withdrawal.

CMG is now definitelly SCAM

Ah well, this thread is as dead as it gets, but then, at Discord they block users who ask questions they don't like and after all this posting of mine here may be worth for nothing.
Yesterday was the latest "update" of the CMG site and it brought ...... who would have guessed ........ a 67% cut in payouts.
Instead of getting roughly 600 gems for free per day to match the coinz I'm earning, I'm now offered to do mercenary missions for a max of roughly 200 gems and estimating how long it might take to do all those mercenary missions comes down to something around 16 hours per day or else the gems for that day expire.
In other words, I'm now supposed to work 16 hours per day for the right to withdraw a penny per day.
What was the minimum withdraw to wallet again? $10 or something? Meaning even if one is willing to work 16 hours per day for it, one gets to a minimum withdraw once in 1000 days or just under 3 years?

Did I get that right?

Free mining site is a good opportunity  newbie member.who want to earning freely. ..site is good but it'seems depend your next cash out time.

Good to see you here again, I missed your comments about CMG.

Yes, I'm still here, only not checking this forum so often anymore, there's simply nothing going on here.
About CMG there's nothing else to say that I haven't already said multiple times and groundbreaking news as in something to the advantage of users I do not expect.
I've basically given up making money on CMG, I'm having a little bit of fun upgrading cards and drones, but haven't made a withdrawal in ..... not even sure ..... 2 years or so.
Subsequent I've drastically reduced the time I spend per day playing CMG and I guess @jamboom will have noticed that not just from me, but from other users as well.

Hi @Thomasio,  I haven't seen you around here anymore, are you okay?

Why ?!

They are a private enterprise and they are free to decide who they let in and who they kick out, even without providing a reason, just like you are free to decide who you let into your house and who not.
Their only problem on exercising this freedom is, if a company begins to kick out their customers, they won't stay in business for long.

I want to tell everyone. On the cryptomininggame discord channel, they began to ban everyone who speaks the truth. Including me.

Wrong.
First of all it takes the same time building up coins at FaucetPay as it takes building them up at CMG, because coins do not become more by moving them to a different place, and then you need some extra coins to pay the secondary withdrawal fee from FaucetPay to your wallet.
Have you checked the fees at FaucetPay?
https://faucetpay.io/page/fees
FaucetPay has a minimum withdraw of 15,000sat and charges a staggering 10,000sat fee for that, meaning upon minimum withdraw you pay 67% withdrawal fee there, a reasonable withdrawal fee of say 1% you reach only if you withdraw at least 1,000,000sat (which will take to accumulate at CMG roughly 13 years).
Or in other words, the detour through FaucetPay takes longer and you get out a LOT less.

And then in the end the fact remains that CMG pays an average of $0.60 per month and user, as calculated above, meaning to get to the minimum withdrawal at FaucetPay with CMG alone and at currect price of BTC takes you over a year and then you receive in your wallet no more than $2.50 worth of BTC.
In comparison, a direct withdraw from CMG to your wallet you can do for a value of $1 (100 keys times 100 coins) roughly every 7 weeks, meaning it takes 1/15th the time and you pay a withdrawal fee only once (where I believe @jamboom has not yet discovered that transferring $1 to a BTC wallet address costs more than $1 in blockchain fees).

Right, but at least you can do something with the coins you withdrew like gamble your coins or exchange them into another coin that you want that CMG does not have (like Tron or Binance) once the coins land in your FaucetPay account. If you let the coins build up by doing multiple withdraws from CMG you’ll be able to withdraw your coins from FaucetPay to your main wallet in no time.

I admit that it’s not the best system, but imo its better than what it was. Sure it could still be improved but I feel like Jamboom could be running out of options if this doesn’t work either.

What difference does it make?
To withdraw the value of $1 you need 100 keys, whether to FaucetPay or elsewhere, what's the point of withdrawing single pennies while from FaucetPay to your wallet there's a higher limit, meaning you still cannot get your money, you just get it stuck in a different place?
Not to mention how senseless it is talking about "withdrawing" with values < $10.

You actually only need 1 Coinz Key to withdraw, but this is only for FaucetPay which should have been added as a payment option months ago imo. For Direct Wallet payment you do need 100 of them which could be a struggle for a single user which is why I feel like Jamboom added the FaucetPay option.

It's almost funny when the news talk about another update in the withdrawal system, isn't it?
If you look at the changes, instead of 1 Coinz Key per 10,000 Bitz (or whatever else you wanna withdraw) you now need 100 Coinz Keys, meaning 100 times more energy to pick them up.
Chances to find one have obviously increased by a factor of 100, but needing 100 times the amount and finding 100 times more still gives on average the very same 7 weeks per minimum withdrawal as before, only requires users to be 100 times more diligent to collect the keys and leaves them less energy to pick up other stuff.

The max withdraw has been decreased from 500,000 coins to level*level*10*100, which in level 22 gives a max of 484,000 and since I believe there are no users on level 23 yet, it's simply another attempted cut in payouts which in reality doesn't hurt the users but the site.
Users can withdraw 500,000 coins in 2x 250,000 (as far as they have the keys), so no difference for the users, only for the site it makes a difference because the blockchain fees for 2x 250,000 (whatever that corresponds to in BTC or LTC) transfers are simple higher than for 1x 500,000.

Does @jamboom REALLY believe there could be users who cannot calculate that 1x 10,000 is the same as 100x 100?
Apparently he himself isn't capable of calculating that 2x blockchain fee is more than 1x blockchain fee.

Has anyone done the calculation yet?
If you look into the CMW standings (as long as you have no victory points) you'll see your rank > 1000, which means there are over 1000 active users having at least 1 victory point, looking for Coinz Keys.
Of course we do not know how many users there are, but let's just say it's 2000 active users looking for Coinz Keys.

300 Coinz Keys per week divided by 2000 users means on average a user finds one key every 7 weeks.
Since 1 key will allow the withdraw of 10,000 Bitz (or any other currency) this means it takes on average 7 weeks to get to a minimum withdrawal and since that's just $1 we can calculate the average amount of money this site pays per user will be somewhere around

$1 / 49 days ~ $0.02 per day or $0.60 per month

and it doesn't even matter how diligent some users may be, even if you win the war game every single season, on average you won't get paid more than $0.60 per month.

That's because the entire concept of the site has some fundamental flaws.

First of all the revenue jamboom originally calculated with turned out to be way off, meaning he's getting way less than he expected.
From shortlinks that turned out to be scam and never paid over shortlinks that pay only 5 times per IP and day or so, where the users use the very same shortlinks on several dozen different websites, where only the first of these sites a user visits per day gets paid, leading to complete termination of use of shortlinks on the site, up to an ever increasing amount of crypto related and ad financed websites hunting a shrinking amount of money advertisers are spending, the revenue of CMG wasn't even sufficient on day 1 and has gone downhill from there.

Next is jambooms reaction to the problem.
Any halfway logic thinking business man as well as any economist can tell you, you cannot cut your way out of a recession, the ONLY way to get into the profit zone is growth, but jambooms reaction is cutting payouts.
The less revenue he gets, the more he cuts payouts, subsequent more users run away, further reducing the revenue for the site, leading to further cuts in payouts, and so on and so forth, known as a "race to the bottom".

But jamboom is turning a blind eye to the fact that he's doing the opposite of what he would have to do to get into the profit zone, he's insisting that if severe cuts in payouts aren't enough then even bigger cuts must be the solution and since the revenue he's getting from advertisers by now isn't even enough to cover the extremely tiny amounts of money his users are still making, he's permanently coming up with further limitations to payouts, such as a limited amount of total withdrawals per month for all users combined.

Wanna bet? As a result of this "upgrade" more users will run away, the average time new users stay on the site will decrease and the revenue for the site will go further down.
It will take jamboom 2-3 months to discover that he can no longer pay $250 per week to the users and then he will come up with the next "invention" of how to further cut payouts that he will again try to sell as an "upgrade".

And now Jamboom came up with the idea of collecting "Coinz Keys", which will be taken apart at the speed of light. Hopefully they will not be sold on the market. I need more than 1000 of these keys to withdraw my funds. This is just some kind of mockery! Why can't just make a withdrawal options and "not reinvent the wheel". 

I have 6500hp and I only mine at 1000hpower. Why is it like that??
I have elite 2 turned on now and nothing has changed

I'm at level 20
i retire today
I will leave the page forever
luck!