Topic: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 67. (Read 361434 times)

Puppet put it under collapsed weeks ago

Looks like its already on the collapsed list

Have you got investment in LTCGear?
Are they really dont pay last 8 week?
it means SCAM..

Why don't you put LTCgear under collapsed? They have not paid their clients for 8 weeks. The fact the website s still online means shit.

it seems cloudmin.in was born to die
it is down last two days
they even did not start wide advertisement (or I missed it)

Funnily enough, I came across the MLM world myself just recently, when I followed im0rtel's (the MineThatCloud shill) strange sig.
It led to "BitClub Network, a Passive Bitcoin Mining Opportunity" (7/7 on the Puppet Scale)

https://bitcointalksearch.org/topic/m.10260402

If you were to think that "passive" here refers to the ease of having a cloud mining contract, you would be wrong.
It's classic MLM (Multi Level Marketing) speak for a matrix referral program.
Briefly, MLM's are similar to Ponzi's but distribute the suckers' money amongst themselves by moving up thru levels.
This is a huge industry worldwide, recruitment done by high pressure selling to naive investors and "Bitcoin mining" is perfect material for them.
Just to give an idea of how they view Bitcoin mining, have a look at  https://www.bitcoincycler.net/ 
Go to the Comp Plan page, they hardly mention hashrate or difficulty, it's all about referral levels and marketing bullshit.

BitcoinCycler is "sponsored by Skycoinlab", as is made clear on Lavoie's Google+ page, he runs them both https://plus.google.com/110365658930595040182/posts.

And as the http://behindmlm.com/ scambusters report, both Skycoinlab and BitClub Network operators have their roots in the $500m Zeek Rewards ponzi.
These people are thieving filth.

So cointellect is collapsing.. no actual mining company would have trouble paying out what they mine.

In other news, Skycoinlab tried to win a point in my scoring by disclosing domain name registration info.
Which only lead me to find out the guy behind it is a serial ponzi organiser:
https://bitcointalksearch.org/topic/m.10298730

Talk about shooting yourself in the foot!

Oh, and I added hashwar a while ago, forgot to mention it.

We found this news not yet confirmed in the Italian Cointellect FB group (in which there's also Daniel Fonseca from the company).

That's what they say...

This needs a bump, Puppet

Its been marked as such for ages.

Thank you for providing additional information.  
The google drive link doesnt work without permission, but I will grant you the point for #3 based on the picture you did post.
Unfortunately for you, that still leaves you with 4 points, at least one of which should be easy to address by publishing your pool / mining address(es) details.

Hey Peter, maybe you could setup your webserver so it works also without www

Ha,
hashie.co | Error 522 Ray ID: 1af59507a9f804ce
Connection timed out
...another one bites the dust

Looks like you can officially put hashie.co as collapsed. 

Dear OP,
Thank you for providing the service to educate us on how to spot Ponzi Schemes, as such operators have tainted the cloudmining industy negatively.
Your commended efforts are much needed and lacking in this industry that lacks transparency and regulation.  

I'm Peter (http://sg.linkedin.com/in/peteryeo), Founder of Cloudmining.SG FB.com/cloudminingsg
Our apologies for our poorly maintained website as we have yet to focus our efforts on the marketing elements such as website of cloudmining.sg as we have a lean team and we were focused on gearing up the infrastructure of the facility. Due to our economies of scale and local government support, we have managed to obtain an extremely low cost of US$0.084 per kwh, which has allowed us to continue to be profitable vs other unprofitable cloudmining operations that were forced to shutdown.

I would like to invite you to visit our 4MW capacity mining facility with over 3% of the 1.1TH/s Global hashrate of Litecoin and Dogecoin
(if you are in the region or anyone from the forum who is based here or is attending the InsideBitcoinSG event in Singapore.)
http://i62.tinypic.com/30sda1i.jpghttps://drive.google.com/a/cloudmining.sg/file/d/0B3o50kQaonk-S19NTU5PX0kxRWc/view?usp=sharing

We have previously been interviewed by the Local Newspaper - The Business Times (Singapore)
http://www.cloudmining.sg/blog
Interview by Local Newspaper Article-Jul 2014

and we are the Main Sponsor at the InsideBitcoins Conference in Singapore
http://insidebitcoins.com/singapore/2015/sponsors

Bear in mind if you are in Singapore, the authorities are extremely strict, where the authorities will even charge a fine for chewing bubblegum, let alone run a shady operation.
Hefty Fine and even Jail time for chewing gum  

Only lost money in Mt Gox and i tired 4 solid months to get out once the alarm bells started ringing. 

Im not stupid enough to play Ponzi miner. 

Never been a fan of anything cloud to be honest.  Except for ex-lease cloud servers off ebay 

clown?ious you should check the reasons behind that. I can not understand your problem if someone wants to risk HIS money for illusions? should i guess you tried to gain money and you lost and it created a psychological problem?

Gladdens my heart to see the people playing this game get burned.

This is why "free promotions" are a red flag for a ponzi.
They are giving away nothing, but the recipients bring the illusion of activity and are more likely to put some real money in after seeing a few bogus figures.

i told you, i dont invest any single satoshi to here
i was here with their free Gh promotion