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Topic: Bitwings promises smartphone that can mine 2 ETH/month. Ponzi scheme? - page 7. (Read 2646 times)

legendary
Activity: 1722
Merit: 5937
As mentioned in the title, Bitwings is company that promises smartphone with the capability of mining up to 2 ETH per month. Anyone with the basic knowledge of crypto mining knows that this number is simply not possible to get with smartphone. They have other questionable promises, like guaranteeing value of 1 BWN=0,20 USD, no matter what.

Flag Type 1 https://bitcointalk.org/index.php?action=trust;flag=2034

ANN https://bitcointalksearch.org/topic/annprivate-saleieo-bitwings-official-cryptocurrency-of-wings-mobile-5133411
Archive https://archive.fo/LoOB5

Website https://bitwings.org/
Archive https://web.archive.org/web/20191021215311/https://bitwings.org/

This is their smartphone, also known as Minephone WX. It will cost you 6000 BWN, or between 900-1200 USD (depending in which ICO phase you bought tokens) When you look at the specs, it is nothing special, but thanks to the magical software, it will be capable of doing for what you usually need few mining rigs.



When you get your MinephoneWX, you will be able to chose among few different mining contracts, and for that you will have to pay additional activation fee in ETH ( or go for free option, which will bring you 0.2 ETH per month).



But that is not all. Bitwings already has working cloud mining that looks like a classic ponzi scheme, as they promise 10% monthly profit for the period of 3 years. Here are few of their packages (they have smaller and bigger ones than those in the picture).
https://bitwingsprofit.com/
https://archive.vn/cv0T7



One more red flag is hiring bumping service for their ANN thread in order to fake interest. Some accounts are already tagged, mostly those that were active at the beginning.



So, what are your thoughts, does their promises seem plausible and realistic or is this just another scam in making?
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