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Topic: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 73. (Read 361607 times)

legendary
Activity: 1274
Merit: 1004
CEX switched off.
I cannot see any drop in hashing power. I think CEX was also ponzi
Why do you think CEX switching off means they actually turned off the hardware?
hero member
Activity: 859
Merit: 1000
CEX switched off.
I cannot see any drop in hashing power. I think CEX was also ponzi
hero member
Activity: 658
Merit: 501
Does anyone know of any cloud mining company that allows you to mint 100% virgin coins?
How much are you willing to pay for that?

I know how to get them , I'm just curious if any of these cloud mining companies issue them. That is the true test they aren't ponzi's.
legendary
Activity: 1442
Merit: 1005
Does anyone know of any cloud mining company that allows you to mint 100% virgin coins?
How much are you willing to pay for that?
hero member
Activity: 658
Merit: 501
Does anyone know of any cloud mining company that allows you to mint 100% virgin coins?
sr. member
Activity: 291
Merit: 250
Puppet you can mark CEX.IO as obsolete, because they are closing mining 'temporarily'. If they allow GHS trading anyway, it would be great news for traders, as they won't be losing more money due to negative dividends in the meantime Cheesy

https://bitcointalksearch.org/topic/m.10124172
member
Activity: 112
Merit: 10
i am not claiming EITHER way, and im obviously not related to cloudminr in ANY way !

but i DID get my payment yesterday (didnt roi yet, so means nothing)

he also stated: that it was impossible for him to change the payout adresses, wich i asked him to explain, as that makes zero sense to me ..   (no answer on this yet ..)
full member
Activity: 211
Merit: 125
busting the bastards
Didn't you mean cryptomine.io? Judging by the official threads, they're looking much worse than cryptominr.io.

Oops, indeed I meant that ponzi instead of the other ponzi..

Unknowingly, u spoke the truth... CLOUDMINR.IO has changed payout addresses of people to his different addresses that he own and blaming it to malware. As he does not have any big customer, so u dont see any big chaos so far. He is also using some of his forum alts to promote that he is paying...

Hello!

This week's payout will once again be higher than our revenue. That's a situation in which a typical ponzi scheme would collapse. We have received blackmail too, however the blackmail has not turned off our hardware.

Updates:

Implemented email security tokens for account data changes. From now on, before updating your account data (such as e-mail, payout address or password), you will be emailed a token to prevent your account data being changed without your consent by malware.

IMPORTANT: Please make sure that your payout address is correct before our payout tomorrow. If you have any issues with changing our account data, please message us. We will gladly help you out before tomorrow's payout.

Best regards,
Adrian

Awesome !!! So, after changing people's payout address, you are giving one day notice to contact you back ! You have no backup of people's account data from where you can restore the original addresses !! At a cloud mining facility, people have to worry everyday when the service owner is changing his email ID and blaming some fictitious malware !!! Reminds me of hashie, who deleted their referral table and blamed some hack a month before vanishing in the thin air.

Obvious SCAM

sweet thanks for the confirmation

i'm not receive my payment   Huh
legendary
Activity: 980
Merit: 1040
Didn't you mean cryptomine.io? Judging by the official threads, they're looking much worse than cryptominr.io.

Oops, indeed I meant that ponzi instead of the other ponzi..
member
Activity: 112
Merit: 10
quick thought ? a website where you can input a wallet adress, and it goes looking for traces, to known scam adresses ?
legendary
Activity: 1274
Merit: 1004
The 1Fs address is the BTC-e output wallet.
legendary
Activity: 1932
Merit: 1737
"Common rogue from Russia with a bare ass."
Seems like cloudminr.io just collapsed.

Didn't you mean cryptomine.io? Judging by the official threads, they're looking much worse than cryptominr.io.

...Surprising absolutely no one reading this thread.

Yeah, it appears that all the cryptomine.io coin was transferred tonight to an address which also received the funds of the timetobit.com cloud mining scam in August.
https://bitcointalk.org/index.php?topic=744692.40

   1FsVcdeHbpvUVT3gjeuVR2ZSDnpcsJMsLL

This address has been implicated as the destination in many other scams.

There's a portion of 100 btc stolen from diceminer's Primedice account
 https://bitcointalk.org/index.php?topic=791367.80

There's 160 btc from AKCoinDigger/Joe Mattie's account with DiceBitco.in
https://bitcointalk.org/index.php?topic=716312.1680

748 from dadj
https://bitcointalksearch.org/topic/m.8970581

unspecified from localbitcoins
https://bitcointalksearch.org/topic/m.9742045

and blackarrow claim an unspecified amount stolen and sent there
https://bitcointalksearch.org/topic/proposing-new-feature-in-bitcoin-protocol-to-reduce-the-number-of-thefts-800660

which prompted notbatman, a very disgruntled Black Arrow punter to speculate

We suspect this is just an excuse to embezzle our money and that the convicted Romanian internet fraud artist Alexandru Ion Sovu (CEO of BA and the clown behind the BCT user blackarrow) is still in control of our BTC and the 1fsVc address.

The role of address  1FsVcdeHbpvUVT3gjeuVR2ZSDnpcsJMsLL in stolen coin has been discussed before with no progress.
https://bitcointalksearch.org/topic/whats-going-on-this-bitcoin-addresswho-owns-it-769626

Do you have any ideas about how to find out what is going on there?
A mass appeal to help identify it?


legendary
Activity: 2436
Merit: 1561
Seems like cloudminr.io just collapsed.

Didn't you mean cryptomine.io? Judging by the official threads, they're looking much worse than cryptominr.io.

...Surprising absolutely no one reading this thread.

Just rename it to: "Earn a quick $$$ by cloudmining!!!" - attention of potential ponzi victims guaranteed  Wink

member
Activity: 112
Merit: 10
Seems like cloudminr.io just collapsed. Surprising absolutely no one reading this thread.

?? where are you getting this ?

They just made payout to me a few mins ago, and their site is loading fine ...?
legendary
Activity: 980
Merit: 1040
Seems like cloudminr.io just collapsed. Surprising absolutely no one reading this thread.
hero member
Activity: 560
Merit: 509
I prefer Zakir over Muhammed when mentioning me!
Why do people invest in these schemes when they no they have no control over the mining and stuff, they just have to pray for some good thing to happen, like a mining difficulty decrease

To buy 'MONEY MAKING MACHINE' which gives profit rapidly, atleast according to investors.  They haven't understood that, they aren't buying MMM instead, they are donating MONEY to ENGINEERS who built their MMM. Roll Eyes

   ~~MZ~~
full member
Activity: 238
Merit: 250
Why do people invest in these schemes when they no they have no control over the mining and stuff, they just have to pray for some good thing to happen, like a mining difficulty decrease
full member
Activity: 560
Merit: 108
hero member
Activity: 786
Merit: 1000
if LTCGear does actually collapse

Eternal optimism. No wonder the same people invested in GAW and LTCGear.

lol- I used the word "if" which is me getting negative. The fortunate thing is that I my eggs into many baskets.
Call me crazy- but i just bought an Antminer S5 which has a 15% discount. Bitmain has been the most reliable for me and i should likely look closer at HashNest again. I bet they will have S5 cloud mining contracts available soon. They will likely have a lower maintenance cost than even the S3s.

With hardware you can sell it when you're done. Amazingly a used S3 still sells for 0.5BTC, while it cost IIRC 0.58-0.68 new back in July/August.

Agreed...doing so and replacing with new more efficient hardware has been safer way to make btc than cloud mining has been. It's not easier tho ... as buying and selling is a lot more work and eventually selling used miners may dry up given everyone's view of market btc conditions and btc difficulty. Only time will tell.
legendary
Activity: 2436
Merit: 1561

With hardware you can sell it when you're done. Amazingly a used S3 still sells for 0.5BTC, while it cost IIRC 0.58-0.68 new back in July/August.

Not that pretty in USD terms, remember that BTC price was much higher.
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