▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 29.

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

Quote from: BombaUcigasa on October 17, 2015, 01:45:13 PM

I just wanted to say you people need to ask Puppet to keep updating his reviews with new information.

The method he outlined in the OP for how to identify likely ponzis is still valid. I always thought the idea was to try to force some basic transparency out of anons with a website who want payment upfront for something that may not exist.
If any new operations come along and don't offer sufficient transparency, then don't invest, simple as that.

Quote from: BombaUcigasa on October 17, 2015, 01:45:13 PM

Please disregard any opinion or information I am posting on this thread. I am the technical and communications officer for a mining contracts platform and doing so would be a conflict of interest.

Presumably the ones in your signature....how many do you reckon they would score on the /7 criteria list?

Quote

Double bonus

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lifetime referral

Quote

100% uptime guarantee

BombaUcigasa

legendary

Activity: 1442

Merit: 1005

Please disregard any opinion or information I am posting on this thread. I am the technical and communications officer for a mining contracts platform and doing so would be a conflict of interest.

I just wanted to say you people need to ask Puppet to keep updating his reviews with new information. We have a lot of people joining in the next few months and it would be a shame to have a bad experience in their first Bitcoin endeavor.

l3sny

hero member

Activity: 859

Merit: 1000

Kryptologika is not and has never been ponzi. We have stopped mining due to low bitcoin price and rising difficulty.
The shares can be redeemed at current silver price as per the T&C.

elrippo

legendary

Activity: 1008

Merit: 1001

Quote from: BitcoinNewsMagazine on October 02, 2015, 04:28:21 PM

Quote from: elrippo on October 02, 2015, 04:12:56 PM

I can't find genesis-mining.com anywhere....
Seems to be legit, but lacking of transparency, pooldata, hardware and so on Wink

Right there:

genesis-mining 1+4+7 => 3/7 = Probably legit (risk of fractional reserve mining)

Genesis Mining is most likely legitimate it just never has been a good deal for the buyer. They are not transparent and once you buy a contract you are stuck. I would think by now they are running out of noobs to sell to. No one who takes the time to research would buy hashing they cannot turn around and sell the same day if they like. Stick to Hashnest, Bit-X and BW.com.

Aah thank you, found it

Indianacoin

sr. member

Activity: 406

Merit: 252

Quote from: ?? on ??

Quote from: Indianacoin on October 02, 2015, 02:01:50 PM

Small tips are much appreciated

(Please visit my profile to look out for my tip jar)
Thanks.

As you are not part of any sig campaign, you may add your bitcoin address in your signature.

The best way is to update my post in case I change my mind Tongue

Quote from: elrippo on October 02, 2015, 04:12:56 PM

I can't find genesis-mining.com anywhere....
Seems to be legit, but lacking of transparency, pooldata, hardware and so on Wink

Please look into the "rest" section to find the list of "probably legit" and "legit" services (at present)

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Quote from: elrippo on October 02, 2015, 04:12:56 PM

I can't find genesis-mining.com anywhere....
Seems to be legit, but lacking of transparency, pooldata, hardware and so on Wink

Right there:

genesis-mining 1+4+7 => 3/7 = Probably legit (risk of fractional reserve mining)

Genesis Mining is most likely legitimate it just never has been a good deal for the buyer. They are not transparent and once you buy a contract you are stuck. I would think by now they are running out of noobs to sell to. No one who takes the time to research would buy hashing they cannot turn around and sell the same day if they like. Stick to Hashnest, Bit-X and BW.com.

elrippo

legendary

Activity: 1008

Merit: 1001

I can't find genesis-mining.com anywhere....
Seems to be legit, but lacking of transparency, pooldata, hardware and so on Wink

Indianacoin

sr. member

Activity: 406

Merit: 252

OP, your list seems outdated so I would like to make some updates to your current listing.

Ponzi's that have already collapsed as predicted:

Code:

PBmining.com 1+2+3+4+5+6+7 => 7/7 = Ponzi
Lunaminer.com 1+2+3+4+5+6+7 => 7/7 = Ponzi
coinsoncloud.eu 1+2+3+4+5+6+7 => 7/7 = Ponzi
Cryptomine.io 1+2+3+4+5+6+7 => 7/7 = Ponzi
hashie.co 1+2+3+4+5+6+7 => 7/7 = Ponzi
bitcoinlabmining.com 1+2+3+4+5+6+7 => 7/7 = Ponzi
ltcgear 1+2+3+4+5+6+7 => 7/7 = (very) suspicious
hashprofit.com 1+2+3+4+5+6+7 => 7/7 = Ponzi
minethatcloud.com 1+2+3+4+5+6+7 => 7/7 = Ponzi
CoIntellect.com 1+2+3+4+5+6+7 => 7/7 = Ponzi
terabox.me 1+2+3*+4+5+6+7* => 7*/7 = Ponzi (pictures are not at all convincing, exit strategy involves 60+ days stall tactic)
chabatmining.com 1+2+3+4+5+6+7 => 7/7 = Ponzi
Ecrypto.co.in 1+2+3+4+5+6+7 => 7/7 = Ponzi (+ confirmed scam, they are no partners of cex.io)
GenerateBTC.com 1+2+3+4+5+6+7 => 7/7 = Ponzi
cloudminr.io 1+2+3+4+5+6+7 => 7/7 = Ponzi
grmining.com 1+2+3+4+5+6+7 => 7/7 = Ponzi
hashwar.co 1+2+3+4+5+6+7+8 => 7/7 = Ponzi
bitrush.com 1+2+3+4+5+6+7 => 7/7 = Ponzi
scrypt.cc 1+2+3+4+5+6+7+8 => 7/7 = Ponzi
Kryptologika 1+2+3+4+5+6+7 => 7/7 = Ponzi
Cryptsy MN 1+2+3+4+5+6+7 => 7/7 = Ponzi ( + no details on fee structure) (withdrawl problems noticed!)

Likely Ponzi scams that have yet to collapse:

Code:

cloudmining.website 1+2+3+4+5+6+7 => 7/7 = Ponzi
Skycoinlab.com 1+2+3+4+5+6+7 => 7/7 = Ponzi (+ organized by serial ponzi scammer: ?topic=583177.msg10298730)
btcslice.com 1+2+3+4+5+6+7 => 7/7 = Ponzi (+ pays out in reversible paypal ?)
bitcoinmaker.ch 1+2+3+4+6+7+8 => 7/7 = Ponzi
eobot.com 1+2+3+5+6+7 => 6/7 = Ponzi (+ possible malware/wallet stealing software)
nexusmining.com 1+2*+3+4+5+7 => 6/7 = Ponzi (Guy from Spondoolies says im wrong, but I can't score what I haven't seen and he seems to confirm they have no hardware)
minerslab.com 1+2+3+4+6+7 => 6/7 = Ponzi (+ selling hardware that doesnt exist + using purchased "legendary" account)
bitcoincloudservices 1+2+4+5+6*+7 => 6/7 = Ponzi (+ founded by known scammer https://bitcointalk.org/index.php?topic=860400.msg9638868#msg9638868)
cloudmining.sg 1+2+4+6+7 => 5/7 = Ponzi (Founder's LinkedIn account deleted, Uses Weebly's free checkout platform)
hashcoins.com
and hashflare.io ~1+2+3+4+7 => 5/7 = (very) suspicious (user selectable pool requires fee, dc pictures show no miners, linkedin profile doctored, hardware sales very dubious,..) (*now owned by hashflare.io)
Zeushash 1+2+3+4+5 => 5/7 = (very) suspicious

Rest:

Code:

genesis-mining.com 1+4+7 => 3/7 = Probably legit (risk of fractional reserve mining)
pow88.com 1+2+5 => 3/7 = Probably legit (preliminary assessment) (Suspicious referral bonus : 1% hourly !!!)
Bit-x.com 1+4 => 2/7 = Probably legit (preliminary assessment, partnership confirmed by Bitfury)
haobtc.com 1 => 1/7 = Legit (investment based cloudmining company => https://bitcointalk.org/index.php?topic=1023187.0)
bw.com => 0/7 = Legit
Hashnest => 0/7 = Legit

Obsolete or suspended:

Code:

AMhash => 0/7 = Legit
KNCcloud 7 => 1/7 = Legit
Cex.io 4 => 1/7 = Legit
Cryptx PETAmine => 0/7 = Legit
Megamine.com 1+4 => 2/7 = Probably legit
GAWminers 1+4+5+~7 => 4/7*= Possibly/partially legit based on criteria set forth. Based on wider context: more suspicious than a nun squatting in a cucumber field

Small tips are much appreciated

My tip jar: 1SoumyadbsfCGsSekYdgAkWpGZM3WSaxt
Thanks.

julian071

hero member

Activity: 1132

Merit: 818

Unfortunately, Genesis Mining stopped paying out two days ago =( The days before that the payouts dropped dramatically. Genesis Mining representatives have not been available to comment.

It still might be a case of a big technical issue, however after four days of radio silence from GM the chances of that are growing slim.

Edit: as it seems to turn out, they just became unprofitable as per the terms of their agreement, with the 4,17% rise in diff as of the 17th of september.

trinaldao

copper member

Activity: 1218

Merit: 1007

Post your ann & bounty just contact me

Quote from: aleandromagno on September 15, 2015, 05:00:57 AM

Hi guys, can you help me?

"http://www.cloudmining.website" is safe?

I work only with "hashnet" ,but i want try change.
What do you think?

are you want to leave hashnet and join cloudmining.website Huh

Code:

Hashnest (umisoo) => 0/7 = Legit
cloudmining.website 1+2+3+4+5+6+7 => 7/7 = Ponzi

cloudmining.website is 100% PONZI

better you still earning at hashnet

elrippo

legendary

Activity: 1008

Merit: 1001

Quote from: tmfp on September 15, 2015, 05:14:10 AM

Quote from: aleandromagno on September 15, 2015, 05:00:57 AM

"http://www.cloudmining.website" is safe?

You will get two different answers to that question.
You will get one answer from the handful of shills who promote it with the slogan "It pays so it must be legit".
These alt accounts, led by German Giant, will also, if you are lucky, post a link to a meaningless HYIP monitor site as further "proof".

The other answer is from actual real people who were unfortunately suckered into "investing" in this opaque ponzi, similar to this

Quote from: hershey on September 09, 2015, 11:15:08 PM

Quote from: tmfp on September 09, 2015, 04:58:14 PM

Quote from: GermanGiant on September 09, 2015, 07:16:17 AM

Quote from: hershey on September 08, 2015, 03:31:55 PM

http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=2570&p=0.00&pc=0.00&pf=0.00&d=56957648455.01000000&r=25.00000000&er=248.20010000&hc=0.00

This is talking about average output. Where did you get that it must be the output of everyday?

Are you trying to say that he is receiving $0.13 on average per day from ~~you~~ CMW, not $5.63 as predicted by the calculator, because of luck?

Quote from: GermanGiant on September 09, 2015, 07:16:17 AM

I'm awaiting for the space ship with which I reached this green planet.

Hopefully it will come and get you soon. Your shilling is embarassing now.

Another .14 cents today, woohoo! There's 113 days left in 2015. Because we don't know future difficulty, let's say my 2.57 TH consistently pay out an average of $5.63.
I can expect the following:

CMW: 113 * .14 = $15.82
What I should have been earning: 113 * 5.63 = $636.19

CMW's share of my 2.57 TH investment: 97.52% of earnings
My share: 2.48% of earnings

Now, if someone was taking 97.52% of your earnings, wouldn't you be upset too?

Quote from: kotwica666 on September 10, 2015, 11:41:26 AM

Similar calculations for me.. To get ROI i need around 3 years more! (contract from November 2014)

I tried my luck on cloudmining an got burned by some. The only one at the moment where i hit ROI in 4 Months is cloudmining.website
BUT their website is only paid until NOV 2015, so i would NOT invest a single BTC becuase you wont get your ROI!!!
DO NOT INVEST IN CLOUDMINING.WEBSITE!!!

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

Quote from: aleandromagno on September 15, 2015, 05:00:57 AM

"http://www.cloudmining.website" is safe?

You will get two different answers to that question.
You will get one answer from the handful of shills who promote it with the slogan "It pays so it must be legit".
These alt accounts, led by German Giant, will also, if you are lucky, post a link to a meaningless HYIP monitor site as further "proof".

The other answer is from actual real people who were unfortunately suckered into "investing" in this opaque ponzi, similar to this

Quote from: hershey on September 09, 2015, 11:15:08 PM

Quote from: tmfp on September 09, 2015, 04:58:14 PM

Quote from: GermanGiant on September 09, 2015, 07:16:17 AM

Quote from: hershey on September 08, 2015, 03:31:55 PM

http://www.coinwarz.com/calculators/bitcoin-mining-calculator/?h=2570&p=0.00&pc=0.00&pf=0.00&d=56957648455.01000000&r=25.00000000&er=248.20010000&hc=0.00

This is talking about average output. Where did you get that it must be the output of everyday?

Are you trying to say that he is receiving $0.13 on average per day from ~~you~~ CMW, not $5.63 as predicted by the calculator, because of luck?

Quote from: GermanGiant on September 09, 2015, 07:16:17 AM

I'm awaiting for the space ship with which I reached this green planet.

Hopefully it will come and get you soon. Your shilling is embarassing now.

Another .14 cents today, woohoo! There's 113 days left in 2015. Because we don't know future difficulty, let's say my 2.57 TH consistently pay out an average of $5.63.
I can expect the following:

CMW: 113 * .14 = $15.82
What I should have been earning: 113 * 5.63 = $636.19

CMW's share of my 2.57 TH investment: 97.52% of earnings
My share: 2.48% of earnings

Now, if someone was taking 97.52% of your earnings, wouldn't you be upset too?

Quote from: kotwica666 on September 10, 2015, 11:41:26 AM

Similar calculations for me.. To get ROI i need around 3 years more! (contract from November 2014)

aleandromagno

legendary

Activity: 1323

Merit: 1000

Hi guys, can you help me?

"http://www.cloudmining.website" is safe?

I work only with "hashnet" ,but i want try change.
What do you think?

lentzaj

sr. member

Activity: 474

Merit: 501

I'm sure i haven't lost as much money as most, but I am tired of cloud mining scams. Coinwallet.io. Cloud-staking. Does that count as cloud mining?

Not a referral link, just saying. Not a promotion or anything. I can see my balance and withdrawal anytime.

tmfp

legendary

Activity: 1932

Merit: 1737

"Common rogue from Russia with a bare ass."

Quote from: GermanGiant on September 06, 2015, 12:05:59 PM

Why would he waste his time here for no monetory benefit ?

The same question could be asked of you.
The answer, in your case, would be that you hope for a monetary benefit through the continued promotion of your Ponzi by the various shill accounts you have set up, spam posting your "monitor" link and calculator everywhere in the hope of catching a noob 'investor'.

The pressure appears to be telling on you though; after your pathetic attempt to turn your totally deserved negative trust into a Meta issue was completely ignored, you have now resorted to faking your trust rating, using the traditional scammer complaint that the trust system is faulty and you are an innocent bystander.
Sad but predictable.
I don't know why Puppet doesn't post much any more and don't particularly care.
This thread and its parameters are still useful for newcomers trying to find something vaguely approaching a legitimate investment in cloud mining, and recognizing and avoiding likely ponzis like the shit you peddle.

You seem to think that if you repeat enough times the bizarre notion that this thread was part of an AmHash long con, then it will become so.
This is incorrect.
All it does is make your real trust look 100% appropriate. And by association, your CloudMining.Website 100% untrustworthy.

alani123

legendary

Activity: 2422

Merit: 1451

Leading Crypto Sports Betting & Casino Platform

Quote from: GermanGiant on September 06, 2015, 12:05:59 PM

Quote from: BitcoinNewsMagazine on September 05, 2015, 09:36:24 PM

What once was a good thread is now of limited use with people taking it over to advertise HYIPs. Puppet has not even posted since May.

Is that unexpected ? Primary purpose of this thread was to promote AM hash. It has served its purpose. Why would he waste his time here for no monetory benefit ?

Instead of character assassination, why don't you try to address the points in the OP? There's obviously a conflict of interest here and you coming here to advertise doesn't help you look better.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Quote from: GermanGiant on September 06, 2015, 12:05:59 PM

Quote from: BitcoinNewsMagazine on September 05, 2015, 09:36:24 PM

What once was a good thread is now of limited use with people taking it over to advertise HYIPs. Puppet has not even posted since May.

Is that unexpected ? Primary purpose of this thread was to promote AM hash. It has served its purpose. Why would he waste his time here for no monetory benefit ?

Says a ponzi shill with a fake trust rating in the profile pic. Still butthurt that your site got 7/7?

Loading...

Edited 2020-11-28 to fix a broken image

GermanGiant

hero member

Activity: 784

Merit: 501

Quote from: BitcoinNewsMagazine on September 05, 2015, 09:36:24 PM

What once was a good thread is now of limited use with people taking it over to advertise HYIPs. Puppet has not even posted since May.

Is that unexpected ? Primary purpose of this thread was to promote AM hash. It has served its purpose. Why would he waste his time here for no monetory benefit ?

alani123

legendary

Activity: 2422

Merit: 1451

Leading Crypto Sports Betting & Casino Platform

Quote from: BitcoinNewsMagazine on September 05, 2015, 09:36:24 PM

What once was a good thread is now of limited use with people taking it over to advertise HYIPs. Puppet has not even posted since May.

Welp, it's only puppet that can delete posts. It's sad that people come here to advertise HYIPs and other schemes but I think it's very ineffective. This very thread crushes the notion that cloud mining without proof can be legit. Posting here trying to advertise one seems like a huge waste of time as such posts are destined to be condemned by more experienced members that still reply here.

tmltd

full member

Activity: 210

Merit: 100

Quote from: BitcoinNewsMagazine on September 05, 2015, 09:36:24 PM

What once was a good thread is now of limited use with people taking it over to advertise HYIPs. Puppet has not even posted since May.

I agree that many posts here try to promote HYIPs and Puppet don't monitor the thread to delete them but the OP is of great value and with the help of the community members let's unmask here the ponzis.

I also want to mention that I don't trust the opinion of people that promote a service by posting and at the same time participate in its signature campaign or advertise promo codes. Their opinion involves personal profit so I don't think it is honest and unbiased.
I don't mean that all signature campaigners are bad guys but that they have personal interest promoting a service motivated by profit. A lot of ponzis employee these methods and I think many signature campaigners help them without knowing it.

Bad guys are the ponzi owners that create fake accounts and post to promote their scam with positive reviews as customers...

So i urge everyone that wants to invest in cloud mining or other related stuff to read the OP very carefully to understand it, to do his research and invest only what he can afford to lose.
The OP cloud mining tables may not be updated to include new ones but the rules are valid, so that everyone can do the math... If someone can't do the math then i suggest to him not to invest in anything.

Topic: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 29. (Read 361434 times)