Locking this thread and starting a new topic here;
https://bitcointalksearch.org/topic/m.9697654
because I dont want this to be abused to spam ref links to ponzi's.
Topic: Cloudmining 101 (Read 27846 times)
Yep, I'm not everyone's dad. They look at the sites and assess for themselves. Some are more ponzi-ish than others. We all know this.
ok, fair enough.
i'm gonna join you. anyone who is stupid enough to send money to these, I might as well reap some rewards in the referrals too.
Yep and, in fact, with enough referrals going around we can actually force the crappier sites to pay out decently.
Yep, I'm not everyone's dad. They look at the sites and assess for themselves. Some are more ponzi-ish than others. We all know this.
ok, fair enough.
i'm gonna join you. anyone who is stupid enough to send money to these, I might as well reap some rewards in the referrals too.
Yep, I'm not everyone's dad. They look at the sites and assess for themselves. Some are more ponzi-ish than others. We all know this.
Wow, ref is only on the 'if this sounds OK then why not use mine' basis. I'm aiming to contribute to what is a long-standing discussion on-going here concerning ponzis and what kind of investments might be sound, i.e. might small amounts that are spread across the cloud stand us better. That was my broad point anyway.
your referral links promote likely ponzi's
the purpose of this thread is to help people decide which are legitimate and which are not, it's not a referral fest.
I mention this in the opening. My main point being that assuming people are going to use these sites, which I explicitly name as likely ponzis in the opening lines (!) then it ought only be done with light minor investments across the listed sites. In fact my main hope is to discourage people investing big numbers in a single such site. And crucially that means using their referral schemes.
so...
Quote
These are likely ponzi's
please use my referral links to send money to them.
please use my referral links to send money to them.
Wow, ref is only on the 'if this sounds OK then why not use mine' basis. I'm aiming to contribute to what is a long-standing discussion on-going here concerning ponzis and what kind of investments might be sound, i.e. might small amounts that are spread across the cloud stand us better. That was my broad point anyway.
your referral links promote likely ponzi's
the purpose of this thread is to help people decide which are legitimate and which are not, it's not a referral fest.
I mention this in the opening. My main point being that assuming people are going to use these sites, which I explicitly name as likely ponzis in the opening lines (!) then it ought only be done with light minor investments across the listed sites. In fact my main hope is to discourage people investing big numbers in a single such site. And crucially that means using their referral schemes.
Wow, ref is only on the 'if this sounds OK then why not use mine' basis. I'm aiming to contribute to what is a long-standing discussion on-going here concerning ponzis and what kind of investments might be sound, i.e. might small amounts that are spread across the cloud stand us better. That was my broad point anyway.
your referral links promote likely ponzi's
the purpose of this thread is to help people decide which are legitimate and which are not, it's not a referral fest.
Wow, ref is only on the 'if this sounds OK then why not use mine' basis. I'm aiming to contribute to what is a long-standing discussion on-going here concerning ponzis and what kind of investments might be sound, i.e. might small amounts that are spread across the cloud stand us better. That was my broad point anyway.
Fuck off you ref whore.
Here's my own mini addition to this debate: https://bitcointalksearch.org/topic/--878323
just to let you know, CEX has itself a referral program, so it should have a 5 next to its name
You're right, but its extremely limited (3%, non tradeable and applies only for as long as the referred customer mines, ie, he cant trade his shares either). If you combine that with the skyhigh prices at cex.io that imply a healthy margin, it doesnt really raise a red flag with me.
Fare enough
Our generation 1 miners aren't a ponzi either. If they are, we'd charge no maintenance fees
At last, we have some proof: you are charging money for it, so its not a scam
just to let you know, CEX has itself a referral program, so it should have a 5 next to its name
You're right, but its extremely limited (3%, non tradeable and applies only for as long as the referred customer mines, ie, he cant trade his shares either). If you combine that with the skyhigh prices at cex.io that imply a healthy margin, it doesnt really raise a red flag with me.
just to let you know, CEX has itself a referral program, so it should have a 5 next to its name
[quote author=picolo link=topic=860400.msg9693424#msg9693424 date=1417298955
Nice list but why 4/ for cex.io?
They only sell the hash rate they have from their new equipement, don't they? You can buy a lot of hash rate to existing customers that want to sell but in that case you are buying existing equipment too.
Hopefully some cloudmining companies like cloudminr will prove to be legit.
[/quote]The 4 is for the open ended "IPO" of mining capacity. It was likely given because it is unclear as to how much additional mining capacity they are selling.
I agree that they are most likely only selling actual miners that they have in their possession.
Nice list but why 4/ for cex.io?
They only sell the hash rate they have from their new equipement, don't they? You can buy a lot of hash rate to existing customers that want to sell but in that case you are buying existing equipment too.
Hopefully some cloudmining companies like cloudminr will prove to be legit.
[/quote]The 4 is for the open ended "IPO" of mining capacity. It was likely given because it is unclear as to how much additional mining capacity they are selling.
I agree that they are most likely only selling actual miners that they have in their possession.
huh? Is there another site to invest in AMhashes directly?
Thanks,
monbux
Thanks,
monbux
You are pretty much purchasing AMHash directly if you do it through Hashie - you can search for your hashpower on AMHash's official registry: http://amhash.com/hashie/index.php
Our generation 1 miners aren't a ponzi either. If they are, we'd charge no maintenance fees like Ponzimining and co.
-Sahra
Very few people ever achieved a BTC denominated profit.
I did and do it in combination, daytrading and splittings. One year of BTC-interests is ten years of bank-interests. And don't forget: From the beginning of BTC-Mining till to the end of 2013 it was a very big Hype. Now I should invest in hardware-manufactures ... maybe because of the hype after christmas as every year.
Would you guys recommend that I purchase off havelock investments instead then? I've actually asked AMhash on this forum, and they told me the AMhash bought on hashie.co can be transferred to havelockinvestments at a later date, which is why I invested in them in the first place.
I recommended to amhash they sell their own shares directly. Having to chose between a shady and likely illegal (outside panama) exchange and a almost certain scam operation, doesnt make this very appealing. Now in practice, either way should work as amhash should be able to honor the contract regardless if HL or Hashie disappear, but I cant in good conscience recommend either.
huh? Is there another site to invest in AMhashes directly?
Thanks,
monbux
Would you guys recommend that I purchase off havelock investments instead then? I've actually asked AMhash on this forum, and they told me the AMhash bought on hashie.co can be transferred to havelockinvestments at a later date, which is why I invested in them in the first place.
I recommended to amhash they sell their own shares directly. Having to chose between a shady and likely illegal (outside panama) exchange and a almost certain scam operation, doesnt make this very appealing. Now in practice, either way should work as amhash should be able to honor the contract regardless if HL or Hashie disappear, but I cant in good conscience recommend either.
the rating for hashie is for their own "gen 1", for which no proof whatsoever exists, nor any endorsement from AM.
AMhash itself seems pretty legit, why they are reselling through something as shady as hashie is beyond me.
AMhash itself seems pretty legit, why they are reselling through something as shady as hashie is beyond me.
Would you guys recommend that I purchase off havelock investments instead then? I've actually asked AMhash on this forum, and they told me the AMhash bought on hashie.co can be transferred to havelockinvestments at a later date, which is why I invested in them in the first place.
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