If so many people got their Minephone where are YouTube videos of people using them? I am sure that such a revolutionary smartphone that can mine you 2 ETH per month ( at the moment worth approximately 1300 USD) would create huge hype and everyone would want it.
This is one of the problems with this garbage phone.
The fact that there is absolutely nothing stopping them to do some videos like that, they can even ship some 200$ phones with their own logo and an app to some YouTubers to make a demo in exchange for some $ and there you have it, proof they have a phone! And this will be nothing special, there are hundreds of companies that come up with a prototype, show it to the world, and then eat through billions in funding without delivering anything Faraday Future is one example.
So even if youtube comes and shows a phone with their logo, it means almost nothing compared to their history of deceiving, lying, and hiding facts, besides, they even have some phones one year ago, the ones in their presentation videos, they could easily use those.
Basic napkin math tells you that what Bitwings promises is simply not sustainable as they operate as cloud mining. Price of the smartphone and 1000 MH/s contract for 3 years is 19 ETH (1200 USD for 17 ETH). So, in 6 months you would get your investment back and in the next 30 months you would get 60 ETH extra. You don't have to be a genius to see that this is a ponzi scheme, as only they offer you such profit.
Hmmm
The shit on their page makes no sense.
Yeah, 1000MH/s would earn you about 72 ETH in 36 months right now, but not for that price, adding that their computations were made when ETH was at ~150 and Inno will be sending a new batch of miners on the market next month, everything is just a fairy tale gone terrible wrong.
