@yeponlyone
Do you not think it is somewhat inappropriate for you to be promoting a cloud mining scam in your avatar when you are posting in a thread dedicated to raising awareness of these scams?
Topic: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 34. (Read 361607 times)
When it comes to PACMICz, I consider it a loan to BitMain/Hashnest, which I quickly get back with a decent interest rate. With the paid back load + interest I can re-invest it anyway I want. At the end, we as customers get the option to invest in S6s.
Win-win.
Win-win.
Where can you invest on S6 on Hashnest? I can only find S5
S6 is not on sale yet, expected late Summer.
Correct. Sorry for my bad phrasing. Now there are even talk of an S7 coming out, but I can't see that possible when they increased their price on their S5 immensely: They will hardly get rid of them with at those levels.
@puppet: Can you update the list and add cloudminr.io to the collapsed ponzies 
-> https://bitcointalksearch.org/topic/m.11802519
-> https://bitcointalksearch.org/topic/m.11802519let me guess before I read this link: they have been hacked.
edit: yup I was right.
This made my morning haha
Now are even their database with clear-text password posted on the site main page...Wonder how much they got away with at the end, the database list is not very long...
When it comes to PACMICz, I consider it a loan to BitMain/Hashnest, which I quickly get back with a decent interest rate. With the paid back load + interest I can re-invest it anyway I want. At the end, we as customers get the option to invest in S6s.
Win-win.
Win-win.
Where can you invest on S6 on Hashnest? I can only find S5
S6 is not on sale yet, expected late Summer.
Dear btcgiel,
while selling Your GHSes, You have selected AUTO order type and checked the option "Trade at any price" (it is turned on by default)
without researching available opposite offers. We are sorry that it led You to the losses, but it is not our fault.
best regards,
Bit-X Staff.
while selling Your GHSes, You have selected AUTO order type and checked the option "Trade at any price" (it is turned on by default)
without researching available opposite offers. We are sorry that it led You to the losses, but it is not our fault.
best regards,
Bit-X Staff.
LOOK OUT, maybe not ponzi but there are problems in the system of Bit-x.com
I invested 1 BTC to test there system with this result:
After i discovered that the ROI is about 793 day, i knew that i would never make ROI. So i wanted to sell my Hashrate. I put an order with "AUTO" and selected that i want the price within the 3% limit.
There system didn't sell my hash rate correct with the result that i only get about 0,15 btc of my investment of 1 btc. I send a support ticket but i do not get an answer on my last question.
So please look out or better don't invest !!
I invested 1 BTC to test there system with this result:
| Bit-x.com | ||||||||||||
| Reference | Status | Duration | Startdate | Enddate | Hashrate GH/s | Payment | BTC/GH | Mined | Date | ROI (%) | ROI (days) | Monthly Payout |
| GHS | Active | unlimited | 11-6-2015 | – | 566 | 1 | 0,001766784452 | 0,03025369 | 5-7-2015 | 3,03% | 793 | 0,03781711 |
After i discovered that the ROI is about 793 day, i knew that i would never make ROI. So i wanted to sell my Hashrate. I put an order with "AUTO" and selected that i want the price within the 3% limit.
There system didn't sell my hash rate correct with the result that i only get about 0,15 btc of my investment of 1 btc. I send a support ticket but i do not get an answer on my last question.
So please look out or better don't invest !!
When it comes to PACMICz, I consider it a loan to BitMain/Hashnest, which I quickly get back with a decent interest rate. With the paid back load + interest I can re-invest it anyway I want. At the end, we as customers get the option to invest in S6s.
Win-win.
Win-win.
Where can you invest on S6 on Hashnest? I can only find S5
Just a clarification about the much used term ROI (return on investment). I just want to make sure everyone's talking about the same thing.
Someone told me the other day that they had bought some hash contract for let's say 1BTC. It is not transferable or resaleable.
Its only value is its projected earnings. He was very happy to tell me that, over 4 months, he had cumulatively received back in small payments 1BTC and that his ROI was 100%.
I have a conventional fiat business background and said no, your ROI is 0%. The 'asset' that you paid 1BTC for has no fungible value so it is a -1BTC on your balance sheet, which also contains a +1 from your earnings, equalling zero, which is the ROI you would have if the contract stopped paying now.
Up until break even, you are just receiving your own money back.
No need for any abuse here (probably get it anyway), it's a serious question because I can see some newbies seeing claims of 150% ROI meaning 150% profit.
Someone told me the other day that they had bought some hash contract for let's say 1BTC. It is not transferable or resaleable.
Its only value is its projected earnings. He was very happy to tell me that, over 4 months, he had cumulatively received back in small payments 1BTC and that his ROI was 100%.
I have a conventional fiat business background and said no, your ROI is 0%. The 'asset' that you paid 1BTC for has no fungible value so it is a -1BTC on your balance sheet, which also contains a +1 from your earnings, equalling zero, which is the ROI you would have if the contract stopped paying now.
Up until break even, you are just receiving your own money back.
No need for any abuse here (probably get it anyway), it's a serious question because I can see some newbies seeing claims of 150% ROI meaning 150% profit.
I, too, have noticed the word "ROI" is being used incorrectly here, which is very confusing. Here people measures ROI in days so they probably mean "time for reaching the break even point". I'm trying to get used to it but still uncomfortable.
just in case you guys want to know
another site claims of being hacked
no payments was made
site is now down
but looking at the website registry, domain is registered until October 2015 only
another site claims of being hacked
no payments was made
site is now down
but looking at the website registry, domain is registered until October 2015 only
Hello!
We will have to stop accepting new orders until a new version of CLOUDMINR.IO is made from scratch. Our developers have estimated that it may take 2 - 3 weeks.
What we can tell now is that we have been hacked, and the hackers were able to access our source code and database, as well as editing it. Right now we cannot be sure that the payout addresses are the correct ones, as well as emails and other data. We do have backups but we need to know when exactly when the hackers gained access to our server.
Part of the bitcoins went to hackers addresses instead of our own payment addresses. Currently we are looking for any logs related to the hack and estimating the losses.
We need to create a new website from scratch on new servers as hackers usually leave backdoors for later access.
Stay tuned. The website should appear blank with a similar warning text to this announcement soon. If it's changed, please do not trust it.
We will have to stop accepting new orders until a new version of CLOUDMINR.IO is made from scratch. Our developers have estimated that it may take 2 - 3 weeks.
What we can tell now is that we have been hacked, and the hackers were able to access our source code and database, as well as editing it. Right now we cannot be sure that the payout addresses are the correct ones, as well as emails and other data. We do have backups but we need to know when exactly when the hackers gained access to our server.
Part of the bitcoins went to hackers addresses instead of our own payment addresses. Currently we are looking for any logs related to the hack and estimating the losses.
We need to create a new website from scratch on new servers as hackers usually leave backdoors for later access.
Stay tuned. The website should appear blank with a similar warning text to this announcement soon. If it's changed, please do not trust it.
Yes, cloudminr.io has likely collapsed. Being "hacked" is a common excuse to use.
LOOK OUT, maybe not ponzi but there are problems in the system of Bit-x.com
I invested 1 BTC to test there system with this result:
After i discovered that the ROI is about 793 day, i knew that i would never make ROI. So i wanted to sell my Hashrate. I put an order with "AUTO" and selected that i want the price within the 3% limit.
There system didn't sell my hash rate correct with the result that i only get about 0,15 btc of my investment of 1 btc. I send a support ticket but i do not get an answer on my last question.
So please look out or better don't invest !!
I invested 1 BTC to test there system with this result:
| Bit-x.com | ||||||||||||
| Reference | Status | Duration | Startdate | Enddate | Hashrate GH/s | Payment | BTC/GH | Mined | Date | ROI (%) | ROI (days) | Monthly Payout |
| GHS | Active | unlimited | 11-6-2015 | – | 566 | 1 | 0,001766784452 | 0,03025369 | 5-7-2015 | 3,03% | 793 | 0,03781711 |
After i discovered that the ROI is about 793 day, i knew that i would never make ROI. So i wanted to sell my Hashrate. I put an order with "AUTO" and selected that i want the price within the 3% limit.
There system didn't sell my hash rate correct with the result that i only get about 0,15 btc of my investment of 1 btc. I send a support ticket but i do not get an answer on my last question.
So please look out or better don't invest !!
i didnt trust any cloud anymore.
prefer to rent some hash / rig on nicehash or any other rig rental, then mine bitcoin in truly pool like ckpool or antpool with their 0% pplns.
prefer to rent some hash / rig on nicehash or any other rig rental, then mine bitcoin in truly pool like ckpool or antpool with their 0% pplns.
just in case you guys want to know
another site claims of being hacked
no payments was made
site is now down
but looking at the website registry, domain is registered until October 2015 only
another site claims of being hacked
no payments was made
site is now down
but looking at the website registry, domain is registered until October 2015 only
Hello!
We will have to stop accepting new orders until a new version of CLOUDMINR.IO is made from scratch. Our developers have estimated that it may take 2 - 3 weeks.
What we can tell now is that we have been hacked, and the hackers were able to access our source code and database, as well as editing it. Right now we cannot be sure that the payout addresses are the correct ones, as well as emails and other data. We do have backups but we need to know when exactly when the hackers gained access to our server.
Part of the bitcoins went to hackers addresses instead of our own payment addresses. Currently we are looking for any logs related to the hack and estimating the losses.
We need to create a new website from scratch on new servers as hackers usually leave backdoors for later access.
Stay tuned. The website should appear blank with a similar warning text to this announcement soon. If it's changed, please do not trust it.
We will have to stop accepting new orders until a new version of CLOUDMINR.IO is made from scratch. Our developers have estimated that it may take 2 - 3 weeks.
What we can tell now is that we have been hacked, and the hackers were able to access our source code and database, as well as editing it. Right now we cannot be sure that the payout addresses are the correct ones, as well as emails and other data. We do have backups but we need to know when exactly when the hackers gained access to our server.
Part of the bitcoins went to hackers addresses instead of our own payment addresses. Currently we are looking for any logs related to the hack and estimating the losses.
We need to create a new website from scratch on new servers as hackers usually leave backdoors for later access.
Stay tuned. The website should appear blank with a similar warning text to this announcement soon. If it's changed, please do not trust it.
Which cloudmining sites offering scrypt mining is legit? Bit-x has it, and I consider them ok. Hashnest/BITMAIN has offered it but no longer.
What do we know about scrypt cloudmining...?
What do we know about scrypt cloudmining...?
We know that scrypt.cc can't possibly have 850GH/s of Scrypt miners https://bitcointalksearch.org/topic/scryptcc-is-provably-lying-about-their-850ghs-scrypt-mining-1102560
How big is the claimed scrypt hashrate of the other scams?
Kinda interesting to note how many of these cloudmining sites entering into 'awkward' mode began in November last year, which also happens to be when Scrypt.cc came back with a vengeance.
Add in the Ukrainian scammy 'monitoring' website, cmmonitor, and I'm pretty confident that these services are all being run by the same gang.
[edit] Actually, no, I just thought I'd do a quick fact-check and scrypt.cc was pretty much in idle mode for most of last year up until 'Admin' posted his "I was hospitalised 9 months ago, then I got better, then I travelled the world buying the latest mining equipment, now I'm back" in mid-February of this year. https://bitcointalk.org/index.php?topic=444495.700
So all those who claim that scrypt.cc must be legit because they've been running since February of 2014, nope, they didn't start doing the serious push for 'investors' until February of 2015.
Add in the Ukrainian scammy 'monitoring' website, cmmonitor, and I'm pretty confident that these services are all being run by the same gang.
[edit] Actually, no, I just thought I'd do a quick fact-check and scrypt.cc was pretty much in idle mode for most of last year up until 'Admin' posted his "I was hospitalised 9 months ago, then I got better, then I travelled the world buying the latest mining equipment, now I'm back" in mid-February of this year. https://bitcointalk.org/index.php?topic=444495.700
So all those who claim that scrypt.cc must be legit because they've been running since February of 2014, nope, they didn't start doing the serious push for 'investors' until February of 2015.
@puppet: Can you update the list and add cloudminr.io to the collapsed ponzies -> https://bitcointalksearch.org/topic/m.11802519
after bitcoincloudservice now cloudminr collapse so what the next ? -> https://bitcointalksearch.org/topic/m.11802519
@puppet: Can you update the list and add cloudminr.io to the collapsed ponzies -> https://bitcointalksearch.org/topic/m.11802519
-> https://bitcointalksearch.org/topic/m.11802519let me guess before I read this link: they have been hacked.
edit: yup I was right.
@puppet: Can you update the list and add cloudminr.io to the collapsed ponzies -> https://bitcointalksearch.org/topic/m.11802519
-> https://bitcointalksearch.org/topic/m.11802519 
bad custumer services 2 day no respon,,,my deposit idon"t no no money wallet id power88,,very many wallet btc in power88 1 id
Sorry to read about your problem, but if you think you have been scammed then start a Scam Accusation in the right place.
This thread was started to provide a basic self help framework to decide whether or not a "cloud miner" was actually a cloud miner or not.
I see from your posts that you refer to PB, Scryptsy and Bitcoin Cloud Services investments.
Did you actually read and apply any of the guidelines here before you gave these people your money?
bad custumer services 2 day no respon,,,my deposit idon"t no no money wallet id power88,,very many wallet btc in power88 1 id
pow88.com my deposit btc 16mJ1WQBwAhabBD2mcrxKg3UjxUmKx7n1R deposit wallet power 88...i tranfers hash f15e9d29752aa16d8d28a0da974abd4159e3498710dad9e5cfe4a1af3c9cf7cd 0.0172 btc 6 confirmation no money in my wallet power88 16mJ1WQBwAhabBD2mcrxKg3UjxUmKx7n1R very confused thanks id herjahto
Which cloudmining sites offering scrypt mining is legit? Bit-x has it, and I consider them ok. Hashnest/BITMAIN has offered it but no longer.
What do we know about scrypt cloudmining...?
I do not quite know about mining scrypt, but we recommend you mine own with which to buy miner tool. it is more promising than the cloudminingWhat do we know about scrypt cloudmining...?
Why would it be more promising to buy your own equitment than buying mining contracts on a site, given that the site is legit? Of course you might lose some since the site has to do profit, but the practical pros are major with cloud.
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