▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 50.

BombaUcigasa

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Quote from: Blackmet on April 10, 2015, 02:25:56 PM

Guys, what is hashocean.com? Scam or legit? Anyone tried them out?

Why don't we use our BRAINS to figure this out... let's see:
- Return on investment within 5 months.
- 190,977 users
- Our power is 19.3 GH/s
- 907 days in operation
- 0.00688 BTC/day per MH/s vs https://www.nicehash.com/index.jsp?p=allorders&a=3
- User andrord*** (Date of registration) 01/07/2013, Repayment % 295%, http://who.is/whois/hashocean.com Registered On January 18, 2015
- Get 5% of powers for invited users
- etc

You have to be really ignorant to fall for this one...

crazyivan

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Quote from: Blackmet on April 10, 2015, 02:25:56 PM

Guys, what is hashocean.com? Scam or legit? Anyone tried them out?

Scam, bit time. Do not even touch.

Blackmet

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Guys, what is hashocean.com? Scam or legit? Anyone tried them out?

marcotheminer

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Quote from: TigerMart on April 10, 2015, 08:38:38 AM

Quote from: marcotheminer on April 09, 2015, 05:58:04 AM

Quote from: TigerMart on April 08, 2015, 12:29:54 PM

Quote from: marcotheminer on April 07, 2015, 02:23:37 PM

Quote from: crazyivan on April 07, 2015, 01:08:22 PM

Quote from: acquafredda on April 07, 2015, 12:50:01 PM

Quote from: nakaone on April 07, 2015, 10:43:47 AM

is there a reliable cloud mining service mining altcoins and instantly converting them to btc?

No man, nothing out there is reliable.
And especially not at these cryptocurrency prices at the moment.

I do not think there is a single one operational. Does Zeus still offer their overpriced service? Genesis Mining has shut down their scrypt operation.

https://bit-x.com is legitimate.

What is the mining address of https://bit-x.com ?

I'll get back to you shortly

.

Still waiting

It'll be public soon I was told. I'll see if I can provide any more information soon

.

It would be the mining address of the BitFury provided and hosted ASICs.

TigerMart

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Quote from: marcotheminer on April 09, 2015, 05:58:04 AM

Quote from: TigerMart on April 08, 2015, 12:29:54 PM

Quote from: marcotheminer on April 07, 2015, 02:23:37 PM

Quote from: crazyivan on April 07, 2015, 01:08:22 PM

Quote from: acquafredda on April 07, 2015, 12:50:01 PM

Quote from: nakaone on April 07, 2015, 10:43:47 AM

is there a reliable cloud mining service mining altcoins and instantly converting them to btc?

No man, nothing out there is reliable.
And especially not at these cryptocurrency prices at the moment.

I do not think there is a single one operational. Does Zeus still offer their overpriced service? Genesis Mining has shut down their scrypt operation.

https://bit-x.com is legitimate.

What is the mining address of https://bit-x.com ?

I'll get back to you shortly

.

Still waiting

BombaUcigasa

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Activity: 1442

Merit: 1005

Quote from: cryptojumper on April 10, 2015, 03:34:29 AM

But they claim to mine altcoins and look how they try to explain this https://bitcointalksearch.org/topic/m.11039391

Quote from: dyask on April 10, 2015, 02:10:36 AM

Scrypt.cc isn't offering the good ROI, that has happened through the free market pushing down the price of KHS until the ROI is so good. Largely this was out the control of scrypt.cc.

I claim that altcoin mining is not terribly profitable above litecoin mining: https://www.nicehash.com/index.jsp?p=stats

Quote

NiceHash mining profit above ideal 100% luck Litecoin mining: 6.0587 %

If they have a magic formula to mine coins, why bother buying hardware, just rent from all rental sites, price should go up.

If they have a magic trading formula to cash out coins, why bother mining, just only trade the coins, mining should stop.

cryptojumper

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But they claim to mine altcoins and look how they try to explain this https://bitcointalksearch.org/topic/m.11039391

Quote from: dyask on April 10, 2015, 02:10:36 AM

Scrypt.cc isn't offering the good ROI, that has happened through the free market pushing down the price of KHS until the ROI is so good. Largely this was out the control of scrypt.cc.

crazyivan

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Quote from: cryptojumper on April 10, 2015, 01:38:59 AM

Any update about scrypt.cc? It still says it is only a preliminary assessment here for it being a ponzi.
There's a lot of buzz about this one lately... A lot of people talking about here, on hashtalk.org and other forums, even taking loans to invest in them, but the roi seems too good there, especially when altcoin mining is not very profitable these days to my understanding.
Wouldn't trust them more than 10$, but it's still interesting to hear what's all about

Show me a miner which can generate 60 days ROI. You do not need to dig deeper then that to formulate your opinion.

cryptojumper

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Activity: 154

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Any update about scrypt.cc? It still says it is only a preliminary assessment here for it being a ponzi.
There's a lot of buzz about this one lately... A lot of people talking about here, on hashtalk.org and other forums, even taking loans to invest in them, but the roi seems too good there, especially when altcoin mining is not very profitable these days to my understanding.
Wouldn't trust them more than 10$, but it's still interesting to hear what's all about

marcotheminer

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Quote from: Bitkrieg on April 09, 2015, 03:23:33 PM

Since you guys seem to have a lot of faith in bit-x can someone summarize how it works? The only functionality I see on the site is for trading. How do you mine there?

Check out the 'Mining' heading here: https://bit-x.com/pages/about

Any other questions please ask!

Bitkrieg

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Since you guys seem to have a lot of faith in bit-x can someone summarize how it works? The only functionality I see on the site is for trading. How do you mine there?

crazyivan

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Quote from: Syke on April 09, 2015, 11:03:37 AM

Quote from: siera on April 09, 2015, 01:19:08 AM

Why not?

They don't have any hardware. All their "contracts" are ponzis.

Yup, that photo of their farm on their page s not real photo. Somebody s good with photoshop.

Syke

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Quote from: siera on April 09, 2015, 01:19:08 AM

Why not?

They don't have any hardware. All their "contracts" are ponzis.

marcotheminer

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Quote from: TigerMart on April 08, 2015, 12:29:54 PM

Quote from: marcotheminer on April 07, 2015, 02:23:37 PM

Quote from: crazyivan on April 07, 2015, 01:08:22 PM

Quote from: acquafredda on April 07, 2015, 12:50:01 PM

Quote from: nakaone on April 07, 2015, 10:43:47 AM

is there a reliable cloud mining service mining altcoins and instantly converting them to btc?

No man, nothing out there is reliable.
And especially not at these cryptocurrency prices at the moment.

I do not think there is a single one operational. Does Zeus still offer their overpriced service? Genesis Mining has shut down their scrypt operation.

https://bit-x.com is legitimate.

What is the mining address of https://bit-x.com ?

I'll get back to you shortly

.

flyingplows

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Activity: 518

Merit: 250

Quote from: crazyivan on April 09, 2015, 02:11:38 AM

Quote from: waterpile on April 09, 2015, 01:27:01 AM

What about miningsweden.se? I've seen some users here mentioning this website, I have checked it and the website is poorly designed like it reminds me of how PBmining was also a poor design..

I think they actually mine but their profitability s terrible. ROI s one of the longest in the industry. Once more, Hashnest and Bit-x. Nothing else.

And this miningsweden is quite a new player so be cautious... If you want something else than Hashnest and Bit-x (which are of course the best at the moment), you can try genesis-mining. The roi is also very long if at all there, but you got some fun options to mine (get paid by) other coins than bitcoin and they promise to provide x11 couldmining in future.

crazyivan

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Quote from: waterpile on April 09, 2015, 01:27:01 AM

What about miningsweden.se? I've seen some users here mentioning this website, I have checked it and the website is poorly designed like it reminds me of how PBmining was also a poor design..

I think they actually mine but their profitability s terrible. ROI s one of the longest in the industry. Once more, Hashnest and Bit-x. Nothing else.

waterpile

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Activity: 602

Merit: 500

What about miningsweden.se? I've seen some users here mentioning this website, I have checked it and the website is poorly designed like it reminds me of how PBmining was also a poor design..

siera

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Merit: 12