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Topic: [ANN] MiningSweden Official Announcement! (Read 6858 times)

legendary
Activity: 1582
Merit: 1031
October 25, 2017, 02:53:41 PM
#73
this looks closed i also made a payout to my btc adress but nothing happend until now.
only one clound mining who is paying me is GM.




regards
copper member
Activity: 226
Merit: 0
who am I to judge. I only flame
October 25, 2017, 09:00:33 AM
#72
Sorry to tell you this but Tommy exit scammed everyone basically, claiming he was losing money and that it wasn't profitable. 

Bet it's profitable for Tommy now with all of those un-refunded Bitcoins worth over 5 grand each ... Angry

yeah, with current BTC price...
newbie
Activity: 24
Merit: 0
October 13, 2017, 09:30:42 AM
#71
Sorry to tell you this but Tommy exit scammed everyone basically, claiming he was losing money and that it wasn't profitable. 

Bet it's profitable for Tommy now with all of those un-refunded Bitcoins worth over 5 grand each ... Angry
full member
Activity: 187
Merit: 100
Sorry to tell you this but Tommy exit scammed everyone basically, claiming he was losing money and that it wasn't profitable. 
newbie
Activity: 1
Merit: 0
Does anyone know the status of MiningSweden?

I kinda forgot about my shares here and logged in the other day to withdraw whatever had accumulated on my account. This is when I found out they've shut down. I'm way behind on news here..

My account says it has 0.6 something BTC. I requested a payout a week ago and still waiting.. Sent emails and opened a support ticket but no ones answering. Tried calling their phone number but it seems to be disconnected.

Does anyone have any way to contact Tommy as he was quite a public figure.. people even met him in person. This guy wasn't trying to hide as far as I know.

Should I expect the worst?
sr. member
Activity: 406
Merit: 250
Really not sure why he continues to accumulate and show a payout .....
since he has no intention of doing it when requested.
Sad.....in the beginnng he said he was different. Sad

What wonders me 2 months after his official announcement it's over. That is a world record, even for bitcoin standard.
LIke they didn't know 2 months ago they wouldn't make it... right?
legendary
Activity: 1019
Merit: 1001
Spectreproject Community Manager
Really not sure why he continues to accumulate and show a payout .....
since he has no intention of doing it when requested.
Sad.....in the beginnng he said he was different. Sad
member
Activity: 92
Merit: 10
Been waiting on a payout of .01 something since the 25th, and if I read between the lines correctly, doesn't sound like I will be seeing that BTC anytime soon, if at all.  Quite an annoyance for sure.
sr. member
Activity: 266
Merit: 250
Anyone else affected by MiningSweden?
newbie
Activity: 3
Merit: 0
In a strange turn of events KNCMiners who are next door to miningsweden just announced bankruptcy


http://news.valubit.com/2016/05/27/bitcoin-mining-firm-kncminer-declares-bankruptcy/
sr. member
Activity: 266
Merit: 250
Re-sharing what I posted earlier about MS.

I share OP's concerns with Mining Sweden.

I had miners hosted with them and they unilaterally switched them off without prior notifications. It was about a month before I noticed something was amissed and after that I emailed them and was told by that they stopped hosting services.

I am disappointed I was not notified prior.

Did you actually send them miners? Have you gotten them back? Were you able to control what pool they mined on while they were up and running?

No. I did not send them miners but I purchased 2 of these:

https://www.miningsweden.se/product/antminer-s5-hosted-miningsweden/

Quote
Product Description

1 Antminer S5, 1155GH (+-5%)

AND

6 month hosting @ miningsweden

incl shippment to Sweden, Customs, PSU and VAT

The miner is behind a firewall but you provide us with pool information and we will setup the miner to run against it.

You can get your Miners sent home to you when you want at shipment costs.

Coupons NOT Valid!

Included:
6 month contract 75$ per kwH/month (ANtminer S5, 0.56kwh/m * 75$ = 42$ x 6 = 252$ )

https://www.miningsweden.se/product/6-month-contract-75-per-kwhmonth-antminer-s5/

The shopping item is one S5 miner and 6 months of hosting service with them.

Throughout the 4 months of usage, there were several outages which lasted few hours or one or two days. But Tommy would react fast on e-mail and reset the miners, or he could turn on other miners to give me extra hash rate to compensate for lost time. I am fine with it because I believe in give-and-take.

MiningSweden doesn't allow you to switch pools, or they implied they don't allow. After I submitted my first pool info to them, they did not reply to my e-mails regarding request to change pools. I'm okay with it actually.

I'm your typical casual customers, as long as the miners are turned on and running smoothly, I will leave things as it is. As long as things are solved, I will leave it as it is.

But I am particularly annoyed when I realised the miners were down for more than a month and Tommy did not give an update what is going on until I e-mailed him and he simply replied the miners were switched off. All these were done without prior notification. This is annoying.

I filed a Paypal chargeback against MS [Yup. I am very annoyed], and the chargeback failed with the following reason:

Quote

Status

After careful consideration, we're unable to decide this claim in your favour at this time.

The item violates the PayPal Acceptable Use Policy. It's ineligible for PayPal Buyer Protection.

newbie
Activity: 23
Merit: 0
More trusted feeds who know admin personally?
copper member
Activity: 226
Merit: 0
who am I to judge. I only flame
I just calculated my stats together.. joined MS 11 monts ago. invested 3 times, totalling 195 $
and got back ca 0.41 btc
so it's not bad but not good either
the thing is that even though he paid more out than he should (IF, as i don't feel like checking and calculating it myself) those who bought just mining shares win more and those who bought with VIP shares, lost more because VIP shares gives nothing atm. Can hardly wait what happens next year with those VIPs  Grin
Feeling kind a sorry for Tommy or who ever he is as he tried good thing badly. Makes me feel better than with LTCGear..
newbie
Activity: 3
Merit: 0
All I know for sure is I'm due my last payout because it's still pending and got no end of year payment as advertised.

They changed the goalposts. They stated from the very start they would pay through the year from mining and share the profits at the end. The last few months promises over and over they will payout the vip shares and now are saying oh no we won't be paying that because we were paying more from mining over the year, like that was something they weren't aware of.

If they were overpaying instead of paying shares at the end of the year they should have made that clear. They already acknowledged a while back they knew they were overpaying mining payouts but still said they would pay vip shares.

I'd say they should make their books public but I don't believe they even have accountants doing their numbers.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
So these guys are trying to shut down the service? so what about the initial payment they have sended to site to buy those mining rigs or it is just a virtual rigs they have sold?

Seems like another cloud mining site goes down like expected.
newbie
Activity: 3
Merit: 0
I think tommy is doing business as any business should be running. I have roi'd but i have been in since day 1
Tomorrow we find out what we get for our VIP shares

Absolutely nothing. Just announced there will be no VIP payments and mining will stop.

It was obvious as of February they were never going to pay. Every month another reason to push back the payments.
Then it was the "accountants" had tens of thousands of payments to process so it's taking time, then payouts stopped because the plugin wasn't working, now it's "we overpaid all year anyway so we won't pay VIP shares and I'm tired of the angry emails about how we were supposed to pay months ago so I'm done doing this anymore and mining is stopping".







member
Activity: 89
Merit: 10
I think tommy is doing business as any business should be running. I have roi'd but i have been in since day 1
Tomorrow we find out what we get for our VIP shares
sr. member
Activity: 266
Merit: 250
I am disappointed that Mining Sweden did not inform their customers in advance before turning off the power for some of their services.
sr. member
Activity: 387
Merit: 250
And here is another food for thought into the shadiness of Tommy and Mining Sweden:

On 25Apr16, in the news section he stated that they closed down their S5 miners because it was no longer profitable, and they took out the payouts for those.

So basically if you had any mining contracts for the S5's they removed the shares from your account and thats it.  No conversion rate to S7 mining or anything.  Just gone.  When you buy the mining contracts you are entitled to payouts for 12 months including all costs.  If you bought in late last year, your contract was less than a year so this is a blatant lie. 

Thanks for nothing Tommy....
sr. member
Activity: 387
Merit: 250
The only way to roi is if fiat was used from day 1.  If you used btc to purchase MS shares, ROI is impossible and that is a fact.  Tommy dropped prices starting around black friday to get more customers.  Then kept dropping to sell out of his vip shares.....which he also did.  Had i realized that mining payouts would drop so much so quickly (stayed at 0.00001220 per GH per day for 6 months until Dec. 2015)....i would have only used cash.  I am 6 btc from roi......which will never happen unless the VIP shares pay out anything.  But for those i have my doubts as well, since Tommy hasn't mentioned anything about them.  Come on....how long does accounting take in Sweden?  It has been a month.  That's some slow ass boarderline retarded accounting.  

Yep....he's got some retarded accountants.  More freakin delays and just utter stupidity.  Read his latest news if you want a good laugh.  Tommy, you are a Dbag.  Go "F" yourself.
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