Topic: [ANN]Snowball.IO - Cost effective and free GH market. Start from 0.0014฿/GHS - page 2. (Read 12188 times)

it is funny how they said that they have reduced maintenance fee 2 different times but the maintenance fee from the looks of it went up.

you have checked their registration? you've been to Ma On Shan and visited their mining farm?

https://www.sgs.gov.cn/shaic/
http://www.sgs.gov.cn/lz/etpsInfo.do?method=viewDetail

capitial : RMB30K
business nature : software development, SI, IT consulting, trading, garments and household gears, machinery, hardware, electronic

A scammer would not publish his address. So the service of snowball may not need everybody's expectation, but this doesn't make them scammers.

I only have S3 Hash power, I forgot to include that after having to repost.  

I really don't understand the mentality of scammers, if indeed this is a scam, just saying in general. It would be far better to look at long term profits but then maybe scammers just want to steal quick BTC and not maintain and provide customer service with a site.

Other than the maintenance fee being off I have had no problems at all - I got my hash power pretty much instantly after my order was filled. I do not think it is a scam but they certainly lack any customer service it seems. I have not posted on their forums but I did open a support ticket. Weirdly enough as if it were a premonition, I asked about how maintenance fees were calculated before ordering any hash power. Maybe I should not have bothered at all. If it seems too good to be true then it probably is - as the saying goes. The maintenance fee for Antminer S3 just does not add up for me, unless I am being seriously dumb with my calc. but I doubt that.

I have tried their system since 2 weeks ago. I don't agree that this is a scam (at least up to this moment) but there are clearly room for improvement on the part of the admin.

I have purchased S3 hash power from them (from their hash power market direct), so far I am receiving my payout everyday to my wallet.
But I also notice that the hash power provided by them is about 3%-7% less than what you've actually purchased.
I bought 400 gh/s from their S3 trade market but their record shows that I was only mining at the rate of 385-390 GH/S.
As their rate is quite cheap so I am still ok with it.

I have also tried to withdraw my balance of BTC from their wallet and it has no problem to do so (my wallet is at coinbase)

I also note that the maintenance fee is not exactly constant each day, but the variance is not significant.

I have also tried to purchase S3 from them (the buy S3 button), they wrote the delivery date of the relevant hash power should be within 48 hrs from the time of submission,
but it clearly not true and the transaction was delayed. I have been waiting for 4 days already and my BTC was still locked by them. The admin replied to my ticket and said the hash power should be delivered by today or tomorrow. Hope they honor their promise. (remark: finally delivered and running. It took a week actually)

So it might be better to purchase from market direct.

This felt like a scam the moment i heard of it. Something similar to PBmining in my opinion, but since the management is chinese and they stopped posting on here quite a while ago, i knew that this would turn out to be a scam. Nearly fell for the lower prices... glad i stuck it out with CEX eventually even though the value of my GH/s has eroded over time. At least i didn't lose everything. Am i too early in saying this? Only time will tell!

Finally rec'd my latest payouts @ 21:38 CST today

S1 rewards 0.0092334 maint 0.0023288
S2 rewards 0.0077986 maint 0.0011371

Conclusion is snowball.io may not a scam (for the current moment...)  but definitely he is not a honest business man, I myself being a native Chinese feeling shame at all.

SCAM Website
I almost buy Ant S3 feeling lucky i'm not buy it!!

oops, he left without leaving a single word...wtf

snowball i see you online do you have something to say?

it is now 8/12 19:12 CST and I still rec'd no payouts from you...

0.0022xxxx / day maint fee for a ANT S1 is acceptable and fair, the problems are the rewards given by them
1) they claimed they are mining at btcguild I really doubt it
2) both S1 and S2 are running 180G hashrate why they have a big difference in payouts? payouts count on machine type not hashrate?
3) They never reply to any tickets I raised
4) My last payouts were made on 8/10 15:21 CST, rec'd no payouts for over 40+ hours, are they now packing up and ready to go with our btc and machines

I have 343 GHS at Ghash as well, payouts...

8/10 47 Blks rewards 0.00790138 maint 0.00342867 maint% 43,39%
8/9  44 Blks rewards 0.00751792 maint 0.00323202 maint% 42.99%
8/8  37 Blks rewards 0.00658832 maint 0.00345101 maint% 52.38%
8/7  55 Blks rewards 0.00937170 maint 0.00311230 maint% 33.20%

who says CEX.IO is bad?

ANT S1 has the highest maintenance costs because they have a highpower consumption. So sell your S1 Ghs and buy more of S2 or even S3 etc.

Fees are low but the payouts are also fuxking low, they are taking 70% maint fees you won't believe it.
I'm runnning 180G S1 and 180G S2 these were the payouts for the past days

8/7   S1 - rewards 0.00290750 maint 0.00220280   S2 - rewards 0.00350030 maint 0.00107690
8/8   S1 - rewards 0.00491390 maint 0.00223980   S2 - rewards 0.00330940 maint 0.00109500
8/9   S1 - rewards 0.00367660 maint 0.00224120   S2 - rewards 0.00319020 maint 0.00109570

I have 620G hardware pointed to F2Pool got 0.0146~0.0147 payouts everyday, sent snowball a ticket asking what is the reason they don't connect to F2Pool and they never you, they are cheating ppl on the daily payouts.

Ugh, I have to retype everything again because this forum always says I posted x mins ago which I did NOT! I only logged in that time ago. Stupid! Can't they fix this?! I should have remembered to copy and paste here by now I guess. 

I am used to the way CEX and PBMining calculate everything and it is simple to me but Snowball fees as advertised on their site and what I am being charged seem different.

1.1 TH or 1,100 GH - according to Snowball website I should be charged JPY/YEN 0.02/GHS/Day (Japanese Yen) per GH per day. At current exchange rates this works out at just over USD 0.21 cents but I am being charged 3.88222 USD according to my Snowball transaction statement. Not sure if I am missing something, miscalculating or if something is wrong with the site. Edit: Maybe the power cost is not included? This would make the site less transparent than ideal to say the least.

Any help explaining this is greatly appreciated.

Thank you.

Ok will try your service see how it goes then buy

username on your site :  yvesp110

nickname: grindwurst

really wanna try your service, hope the fees are as low as promised.

it's seem OP don't care about this thread anymore. I think we got scam!

                                                 Zeus Thunder is down for the past 3 days......

                                                      I email... Get NOTHING

                                            I get On here.... YOU STILL HAVE NOTHING!

Fix this Problem...

Compensate me and the other holders of the thunder..
i cant even try and sell them because people SEE ITS OFFLINE!!!

i want SFMiner Mhs or my LTC back because this is BullSh!t

Juss saying.....

can someone from snowball figure out why my hash rate drops by 50 ghs everyday. and let me know what they are doing to resolve the problem and if they plan to reimburse me for lost revenue? also, i didnt receive the 1 ghs as posted

Also.  Under [Receiving BTC Address Book] it appears as though after adding my BTC address the what I believe is [Delete] button also needs to be translated to English when you get a chance