▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 12.

daniele_83

full member

Activity: 168

Merit: 100

Quote from: suchmoon on June 24, 2016, 12:00:30 PM

Quote from: daniele_83 on June 24, 2016, 11:36:59 AM

please ignore the pathetic man, just focus on the legit mining.

Seriously, anyone do know if I put correct data to estimate a profit using a legit service?

http://karldiab.com/BitcoinMiningCalculator

over 2 years to brekeven hypothizing Btc price is fixed. Are these suppositions getting close to some reality?

It doesn't look like you're being serious. $0.325 power cost?

Ehi I just made this conclusion due to fees. Written price is dummy and also the kW/h.

If I set $0.0006 (hashnest mainteinance fee) and multiply for 13000 (number of gigahash) you get $7.8 of mainteinance fee per day in hashnest.

Now as a dummy easy way to set it into the simulation website to calc how much I spend of mainteinance, I take 1 kW as power consumption and set 0.325 (which comes from 7.8 / 24).

Now I have the mainteinance fee for a whole day based on the hashnest fee (that is 0.0006 per Gh per day)

According to halving you roi after 2 years with 13000 GH power (provided by an Antminer S9)

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: daniele_83 on June 24, 2016, 11:36:59 AM

please ignore the pathetic man, just focus on the legit mining.

Seriously, anyone do know if I put correct data to estimate a profit using a legit service?

http://karldiab.com/BitcoinMiningCalculator

over 2 years to brekeven hypothizing Btc price is fixed. Are these suppositions getting close to some reality?

It doesn't look like you're being serious. $0.325 power cost?

daniele_83

full member

Activity: 168

Merit: 100

please ignore the pathetic man, just focus on the legit mining.

Seriously, anyone do know if I put correct data to estimate a profit using a legit service?

http://karldiab.com/BitcoinMiningCalculator

over 2 years to brekeven hypothizing Btc price is fixed. Are these suppositions getting close to some reality?

cryptodevil

legendary

Activity: 2240

Merit: 1254

Thread-puller extraordinaire

Check his post history, he is an eager shill for hashocean and frequently invites people to click to them through his sig reflink.

He needs more victims to send their money in so he can get a share of it.

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

Quote from: quicksilv3r on June 24, 2016, 10:43:42 AM

pozi or not hashocean pays! Daily and i just broke even today.
invest in hashocean !

Well, good for you, asshole.

quicksilv3r

full member

Activity: 132

Merit: 100

http://INVESTNCRYPTO.COM

pozi or not hashocean pays! Daily and i just broke even today.
invest in hashocean !

daniele_83

full member

Activity: 168

Merit: 100

Ehi the guy on the right was sponsoring Genesis Mining!

Quote from: tmfp on June 22, 2016, 11:19:15 AM

They're currently showing 18.5% earning/electricity ratio on B16 and also strongly implying that they are mining with their new 14nm gear, so if you want to cloud mine this close to the halving they probably look as good a bet as anything.
That's if you don't suffer existential angst at supporting the Big Yellow Machine.... Wink

Thank you, I am not racist so, not the main problem for me actually.

Honestly I found the website not easy to understand at first shot and that 10 days make me wonder why should I choose their service over genesis mining (which offer 20 days fee redemption) or even better: hashnest.

Btw on hashnest they are not providing any news yet about the releasing of the new Antminers S9.

Then seems like Genesis-Mining has lower mainteinance fee compared to hashnest (0.0004 x Gh/s VS 0.0006)

I made an avg calc of the HashNest roi which took in consideration the halving reward (12.5) and the mainteninance fee of a S9 AntMiner

there's no much roi...

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: revo999 on June 24, 2016, 09:56:13 AM

Quote from: BitcoinSupremo on June 24, 2016, 09:41:02 AM

I don't understand well your question, are you saying that Genesis-Mining is legit , cause they may have the mining equipment but as far as I know their mining equipment is outdated and cannot keep up with the difficulty rise so after 2-3 months there they tell you "We are sorry but are shutting down your miner because its not profitable anymore, you would have done the same if you had the miner in your house" , see the bigger scam here, you lose everything in a short amount of time. So Genesis-Mining is definitely not profitable , they maybe legit that they have some mining equipment but its not profitable and they don't say that in y our mining contract, thats where the scam lies with them.

I am not saying it is legit, I am asking about it relevant to media appearance

I found out that they have managed to appear in Major Media news [ business insider , CNBC , bloomberg ]

If anything happens , everyone Knows who is CEO, unlike Scamer sites who runs on fake or anonymous names

Everyone knows the guy on the left too, used to appear on rags like WSJ:

It's been more than a year since he ran off and the bagholders are still holding empty bags.

revo999

member

Activity: 86

Merit: 10

2D animator

Quote from: BitcoinSupremo on June 24, 2016, 09:41:02 AM

I don't understand well your question, are you saying that Genesis-Mining is legit , cause they may have the mining equipment but as far as I know their mining equipment is outdated and cannot keep up with the difficulty rise so after 2-3 months there they tell you "We are sorry but are shutting down your miner because its not profitable anymore, you would have done the same if you had the miner in your house" , see the bigger scam here, you lose everything in a short amount of time. So Genesis-Mining is definitely not profitable , they maybe legit that they have some mining equipment but its not profitable and they don't say that in y our mining contract, thats where the scam lies with them.

I am not saying it is legit, I am asking about it relevant to media appearance

I found out that they have managed to appear in Major Media news [ business insider , CNBC , bloomberg ]

If anything happens , everyone Knows who is CEO, unlike Scamer sites who runs on fake or anonymous names

BitcoinSupremo

copper member

Activity: 1442

Merit: 529

Quote from: revo999 on June 24, 2016, 09:14:51 AM

http://www.cnbc.com/2015/07/23/bitcoins-war-could-threaten-its-survival.html

"There is literally a war going on right now in the bitcoin world," Marco Streng, CEO of Genesis Mining, told CNBC last month.

http://www.cnbc.com/2016/03/03/reuters-america-icelands-genesis-launches-first-bitcoin-mining-fund.html

"The fund would be clearly focused on bitcoin mining, but we can also purchase bitcoins directly from the exchanges," said Streng said in an interview.

http://www.bloomberg.com/news/articles/2016-01-07/the-return-of-bitcoin-mining

"In a price-rising scenario, you can see demand that's tripling," says CEO Marco Streng. "And sometimes even higher."

is this makes legit ?

I don't understand well your question, are you saying that Genesis-Mining is legit , cause they may have the mining equipment but as far as I know their mining equipment is outdated and cannot keep up with the difficulty rise so after 2-3 months there they tell you "We are sorry but are shutting down your miner because its not profitable anymore, you would have done the same if you had the miner in your house" , see the bigger scam here, you lose everything in a short amount of time. So Genesis-Mining is definitely not profitable , they maybe legit that they have some mining equipment but its not profitable and they don't say that in y our mining contract, thats where the scam lies with them.

revo999

member

Activity: 86

Merit: 10

2D animator

http://www.cnbc.com/2015/07/23/bitcoins-war-could-threaten-its-survival.html

"There is literally a war going on right now in the bitcoin world," Marco Streng, CEO of Genesis Mining, told CNBC last month.

http://www.cnbc.com/2016/03/03/reuters-america-icelands-genesis-launches-first-bitcoin-mining-fund.html

"The fund would be clearly focused on bitcoin mining, but we can also purchase bitcoins directly from the exchanges," said Streng said in an interview.

http://www.bloomberg.com/news/articles/2016-01-07/the-return-of-bitcoin-mining

"In a price-rising scenario, you can see demand that's tripling," says CEO Marco Streng. "And sometimes even higher."

is this makes legit ?

Ethey

member

Activity: 112

Merit: 10

What do you guys think over hashocean.com and the copy bitsrapid?

ImHash

hero member

Activity: 924

Merit: 506

Giga hash scam? lawls good I didn't put any sh*t in there Cheesy

shouldn't there be some kind of security measures to prevent such scams? just a thought if we could ever use something like block chain
system for cloud mining ISH? Cheesy

I also strongly recommend to just invest the minimum in hash ocean if you ever wanted to invest anything or if you are getting payments then don't re-invest them and just take them and keep in your wallet, because re-investing might help to prolong the ponzi.

Cheers.

elrippo

legendary

Activity: 1008

Merit: 1001

Quote from: tmfp on June 23, 2016, 06:40:24 AM

Quote from: elrippo on June 23, 2016, 06:33:33 AM

Did you check cldmine.com ....

I hope you are joking, that piece of shit has been on the list since early March.

No i am not, and yes i now that it is on the list, but did you add it to the collapsed ones, since the HP is not reachable anymore, that was my initial question Roll Eyes

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

Quote from: elrippo on June 23, 2016, 06:33:33 AM

Did you check cldmine.com ....

I hope you are joking, that piece of shit has been on the list since early March.

elrippo

legendary

Activity: 1008

Merit: 1001

Quote from: tmfp on June 23, 2016, 06:26:34 AM

Just to get some crappy scam sites into the search system, the following all rate solid 7/7 as ponzi "cloudmining" scams

bitstrategy.net/

coinhash.net/

bitcoremining.com/

sky-hash.com/

gigahash.org/

and the brilliantly named

scurmrr.com/

Cheesy

Did you check cldmine.com ....

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

Just to get some crappy scam sites into the search system, the following all rate solid 7/7 as ponzi "cloudmining" scams

bitstrategy.net/

coinhash.net/

bitcoremining.com/

sky-hash.com/

gigahash.org/

and the brilliantly named

scurmrr.com/

Cheesy

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

Quote from: daniele_83 on June 22, 2016, 10:02:26 AM

Hi guys, some info:

How do you rate bw.com I see it's considered legit here... how is the service? Couldnt find much reviews.

Is there also the 20 day roi or killing account policy?

Thank you vm

edit

Quote

B16 hash investment agreement will last for the life of the miners which are designed to perform for 24 months. The B16 hash investment will terminate automatically when the average mining income can not bear the electricity fee for consecutive ten days.

found it... Undecided

They're currently showing 18.5% earning/electricity ratio on B16 and also strongly implying that they are mining with their new 14nm gear, so if you want to cloud mine this close to the halving they probably look as good a bet as anything.
That's if you don't suffer existential angst at supporting the Big Yellow Machine.... Wink

elrippo

legendary

Activity: 1008

Merit: 1001

Quote from: elrippo on June 04, 2016, 03:17:37 AM

Quote from: aleandromagno on June 03, 2016, 06:52:29 PM

It looks like CLDmine is already down: https://cldmine.com

I think there is no doubt what will happen next .. Tomorrow a new topic in "scam accusation" section.. Sad

For sure

Just as a reminder --> cldmine.com is not reachable anymore, so this should be tagged as collapsed Grin

daniele_83

full member

Activity: 168

Merit: 100

Hi guys, some info:

How do you rate bw.com I see it's considered legit here... how is the service? Couldnt find much reviews.

Is there also the 20 day roi or killing account policy?

Thank you vm

edit

Quote

B16 hash investment agreement will last for the life of the miners which are designed to perform for 24 months. The B16 hash investment will terminate automatically when the average mining income can not bear the electricity fee for consecutive ten days.

found it... Undecided

Topic: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 12. (Read 361434 times)