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Topic: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 17. (Read 361551 times)

full member
Activity: 168
Merit: 100
Sorry I am not sure it's allowed, previously I have been modded to have said "contact me by pm".

Maybe cause I am newbie Smiley


I find this thread very useful I hope will be updated soon with news!!
newbie
Activity: 6
Merit: 0
Hi guys!

Just two points of information:

1) Topmine.io needs to be added to the list - (I currently have 10usd in it but this is as I enjoy gambling on these kind sites)
    The site fulfills a full 8/8, and even pay users in DogeC just for visiting  Huh, I doubt I will see my 10usd again - but hey.

2)NiceHash is legit IMO (NOTE: OPINION is different from FACT), the reason I say so is that I have mined (GPU RIG) through them, they are an               intermediary between sellers and buyers of almost any hashpower, that take their cut from the trade. You can of course never make a profit as a buyer of hashpower, but selling it works out well. I do around 2USD a day using just my crappy R9270 and old ass CPU.  I will honestly never understand why people invest in actual cloudmining (with the idea of making ROI), but then again people are dumb. (Ref: see point 1, where I have 10usd in topmine Undecided)

EDIT: Their little app benchmarks your gear vs real time prices and switches mining algos automatically, quite nice. It is usually more profitable than normal pool mining because of the high rates that buyers pay


Love this thread by the way!

infact cloud mining is very unprofitable nowdays... the problem is that hashpower is never enough even in hashnest and genesis-mining or other legit companies. There's only 1 reliable company I know which offers full power even at different rents price and get some profit...


would you like to share what is that reliable company you are talking about? thx
full member
Activity: 168
Merit: 100
Hi guys!

Just two points of information:

1) Topmine.io needs to be added to the list - (I currently have 10usd in it but this is as I enjoy gambling on these kind sites)
    The site fulfills a full 8/8, and even pay users in DogeC just for visiting  Huh, I doubt I will see my 10usd again - but hey.

2)NiceHash is legit IMO (NOTE: OPINION is different from FACT), the reason I say so is that I have mined (GPU RIG) through them, they are an               intermediary between sellers and buyers of almost any hashpower, that take their cut from the trade. You can of course never make a profit as a buyer of hashpower, but selling it works out well. I do around 2USD a day using just my crappy R9270 and old ass CPU.  I will honestly never understand why people invest in actual cloudmining (with the idea of making ROI), but then again people are dumb. (Ref: see point 1, where I have 10usd in topmine Undecided)

EDIT: Their little app benchmarks your gear vs real time prices and switches mining algos automatically, quite nice. It is usually more profitable than normal pool mining because of the high rates that buyers pay


Love this thread by the way!

infact cloud mining is very unprofitable nowdays... the problem is that hashpower is never enough even in hashnest and genesis-mining or other legit companies. There's only 1 reliable company I know which offers full power even at different rents price and get some profit...
newbie
Activity: 31
Merit: 0
Hi guys!

Just two points of information:

1) Topmine.io needs to be added to the list - (I currently have 10usd in it but this is as I enjoy gambling on these kind sites)
    The site fulfills a full 8/8, and even pay users in DogeC just for visiting  Huh, I doubt I will see my 10usd again - but hey.

2)NiceHash is legit IMO (NOTE: OPINION is different from FACT), the reason I say so is that I have mined (GPU RIG) through them, they are an               intermediary between sellers and buyers of almost any hashpower, that take their cut from the trade. You can of course never make a profit as a buyer of hashpower, but selling it works out well. I do around 2USD a day using just my crappy R9270 and old ass CPU.  I will honestly never understand why people invest in actual cloudmining (with the idea of making ROI), but then again people are dumb. (Ref: see point 1, where I have 10usd in topmine Undecided)

EDIT: Their little app benchmarks your gear vs real time prices and switches mining algos automatically, quite nice. It is usually more profitable than normal pool mining because of the high rates that buyers pay


Love this thread by the way!
full member
Activity: 168
Merit: 100
Thank you guys, I am not so noob, at least out of here.
Luckily I had been able to meet a person who already warned me about many illegit scams and not only in mining with too high returns.

I am developing some italian guidelines to help people with also what I am finding here, warning and spreading the word with updated infos Smiley
legendary
Activity: 3654
Merit: 8909
https://bpip.org
No mention of http://coindig.eu/ which is very close to hashocean I guess is ponzi scheme too

Stunningly uninformative website. As you say HashOcean clone, apparently using their email database to 'invite' investors.
All over the HYIP boards.
Why even bother to think about giving them money, unless they do something radical like actually provide proof of anything?

Cant agree more with you, what about nicehash dot com?

ps: bitmach missing too (very likely ponzi)

nicehash is not a ponzi, they're just a rental site. You pay for hashrate, you use it on any pool you want.

I have no idea about the other one you mentioned.
copper member
Activity: 1442
Merit: 529
The sad thing of those cloud ponzies, is when you look at their wallet. Both these websites I am going to list down are almost 100% scam if not 100% scam but their wallet keeps getting bigger and bigger ,now this websites show last transactions on their website to claim legitimacy to noobs. Stay away from all of these or you will never see your money (Bitcoin) again.

Hashocean
Bitsrapid
Coindig
Cldmine
Topmine

These are the most known ponzies and being promoted heavily in every HYIP out there, we have to warn people to not lose money in these thieves.

SAVE YOUR BTC NOW DON'T INVEST A SINGLE PENNY ON THOSE WEBSITES AND THEY ALL SHOULD BE CONSIDERED 8/8 PONZIES

Sorry for capital letters but is a warning for all the noobs thinking about investing there.
full member
Activity: 168
Merit: 100
No mention of http://coindig.eu/ which is very close to hashocean I guess is ponzi scheme too

Stunningly uninformative website. As you say HashOcean clone, apparently using their email database to 'invite' investors.
All over the HYIP boards.
Why even bother to think about giving them money, unless they do something radical like actually provide proof of anything?

Cant agree more with you, what about nicehash dot com?

ps: bitmach missing too (very likely ponzi)
legendary
Activity: 2310
Merit: 1422
My big concern is that if the BTC price trend will keep going up we will start to see all these new cloud mining schemes. It's good that this thread will always be here as a nice memory of what could happen.
legendary
Activity: 1008
Merit: 1001
No mention of http://coindig.eu/ which is very close to hashocean I guess is ponzi scheme too

Stunningly uninformative website. As you say HashOcean clone, apparently using their email database to 'invite' investors.
All over the HYIP boards.
Why even bother to think about giving them money, unless they do something radical like actually provide proof of anything?

I could proofe my mining rig and let people invest all in one mining rig, and then .... Never mind, was intended as a joke  Grin
cloudminer.io had some nice pictures of their "mining rig" and offered these contracts too, so, go get some gear and solo mine for your fortune  Shocked Roll Eyes
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
No mention of http://coindig.eu/ which is very close to hashocean I guess is ponzi scheme too

Stunningly uninformative website. As you say HashOcean clone, apparently using their email database to 'invite' investors.
All over the HYIP boards.
Why even bother to think about giving them money, unless they do something radical like actually provide proof of anything?
full member
Activity: 168
Merit: 100
No mention of http://coindig.eu/ which is very close to hashocean I guess is ponzi scheme too
also missing https://www.nicehash.com/ in the list, this one could be legit
legendary
Activity: 1323
Merit: 1000
What does below statement means?

Contract length: Until is Profitable.

like once we started receiving profit, contract gets ended?

This means that when increase of mining difficulty or decrease of BTC price will make mining unprofitable, mining rigs will be turned off.

Ps. Keeping advertising hashocean in signature you risk "red trust". Check list in OP.
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
Although it hardly bears mentioning as it's an embarrassingly poor attempt at a scam, hourlycoins.biz/ Hourly Coins Ltd. scores the maximum.

This is far beyond cloud mining scam, this enters outright HYIP territory. It's obvious that they want to lure in as many bitcoins as possible before running away with it all.

Expect more of this crossover scamming, MLM/trad HYIP - Bitcoin with wide exposure thru social media and hugely inflated claims about growth of investor numbers.
Bitcoin is the new 'Forex', just another Dark Arts label to attract the moths to the flame.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
Although it hardly bears mentioning as it's an embarrassingly poor attempt at a scam, hourlycoins.biz/ Hourly Coins Ltd. scores the maximum.

This is far beyond cloud mining scam, this enters outright HYIP territory. It's obvious that they want to lure in as many bitcoins as possible before running away with it all.
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
Although it hardly bears mentioning as it's an embarrassingly poor attempt at a scam, hourlycoins.biz/ Hourly Coins Ltd. scores the maximum.
hero member
Activity: 560
Merit: 500
What does below statement means?

Contract length: Until is Profitable.

like once we started receiving profit, contract gets ended?
legendary
Activity: 1323
Merit: 1000
I made a post on how hashflare is using fake reviews

https://bitcointalksearch.org/topic/m.14423435

For sure it will be explained as BitClub - that an external service blew it
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
legendary
Activity: 1453
Merit: 1011
Bitcoin Talks Bullshit Walks
Something else one needs to consider before they buy a contract.  may look great now.. But wait till the halving kicks in and price doesnt go up till they are able close out all the contracts (if it goes up at all.. surely wont be double imo) i feel its most likely priced in for the most part... Even hashnest is a bad bet now.  https://bitcointalksearch.org/topic/will-the-halving-be-the-end-of-cloud-mining-contracts-1424240


Best Regards
Doug
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