▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 76.

armedmilitia

hero member

Activity: 562

Merit: 506

We're going to need a bigger heatsink.

Quote from: grendel25 on January 07, 2015, 12:00:16 AM

I through about $50 at bitcoincloudservices before I found this thread. It was a 100G contract for 5 years. I currently get about $.35 US per day or BTC.00123746 from that contract. My thinking at first was oh man... wish I had more to throw at this 5-year contract because it would be awesome to be getting something for nothing for that long.

Now, looking at this thread and comparing other cloud services... IDK... is there even anything worth it?

Any thoughts? I'll have about $1K US dollars pretty soon and am looking to put it towards btc in a meaning ful way. I love the game and want to actively be working with btc. Maybe I should try arbitrage but that seems waaayyy too time consuming.

I guess there isn't really a fair game here.

Correct, there really is no such thing as a passive income in this space... Anything that looks too good to be true tends to be too good to be true.

grendel25

legendary

Activity: 2296

Merit: 1031

I through about $50 at bitcoincloudservices before I found this thread. It was a 100G contract for 5 years. I currently get about $.35 US per day or BTC.00123746 from that contract. My thinking at first was oh man... wish I had more to throw at this 5-year contract because it would be awesome to be getting something for nothing for that long.

Now, looking at this thread and comparing other cloud services... IDK... is there even anything worth it?

Any thoughts? I'll have about $1K US dollars pretty soon and am looking to put it towards btc in a meaning ful way. I love the game and want to actively be working with btc. Maybe I should try arbitrage but that seems waaayyy too time consuming.

I guess there isn't really a fair game here.

hashnest.com

full member

Activity: 151

Merit: 100

Quote from: Josepht on January 06, 2015, 08:29:34 PM

Hey Puppet,

I have a question about Hashnest. When I bought some GH/s there, I couldn't direct them to the pool of my choice.
Therefore I wonder why they have a score of 0/8 and not 1/8.

Great thread btw

Hi, please noted that we are developing related functions, will be online around 3 months later. However, this function requires a more efficiency and stronger VPN, and repeatedly testing is needed before released.

DisaBit

newbie

Activity: 13

Merit: 0

Found this link concerning LTCGear on a litecointalk thread.

https://altcoinherald.com/ltcgear-com-drags-collapse/

siampumpkin

sr. member

Activity: 420

Merit: 260

Quote from: siampumpkin on January 03, 2015, 11:07:50 AM

You should add ContractMine.com

I am experimenting with it here in this thread https://bitcointalksearch.org/topic/m.10007621

I feel it needs some investigation. I hope to get some details on payouts, if any, soon.

Please add CONTRACTMINE.COM to the listing. I think it needs attention.

Thanks.

Josepht

hero member

Activity: 1008

Merit: 515

Hey Puppet,

I have a question about Hashnest. When I bought some GH/s there, I couldn't direct them to the pool of my choice.
Therefore I wonder why they have a score of 0/8 and not 1/8.

Great thread btw

jawitech

full member

Activity: 196

Merit: 100

Quote from: hdbuck on January 05, 2015, 10:00:12 PM

Quote from: MrTeal on January 05, 2015, 09:54:14 PM

Quote from: suchmoon on January 05, 2015, 09:44:18 PM

Someone spammed this one in the hashie thread

http://ore-mine.com/

TBH I didn't even look at it. But the poster (ref link spam of course) insisted it was "legit" so it must be true Roll Eyes

Affiliate program? 3000% returns?
Legit for sure.

does people actually (still) buy this?! Oo

People buy EVERYTHING if you promise them easy profits. Greed makes blind and stupid...

Muhammed Zakir

hero member

Activity: 560

Merit: 509

I prefer Zakir over Muhammed when mentioning me!

Quote from: hdbuck on January 05, 2015, 10:00:12 PM

Quote from: MrTeal on January 05, 2015, 09:54:14 PM

Quote from: suchmoon on January 05, 2015, 09:44:18 PM

Someone spammed this one in the hashie thread

http://ore-mine.com/

TBH I didn't even look at it. But the poster (ref link spam of course) insisted it was "legit" so it must be true Roll Eyes

Affiliate program? 3000% returns?
Legit for sure.

does people actually (still) buy this?! Oo

Check http://www.alexa.com/siteinfo/http%3A%2F%2Fore-mine.com . People are searching this site. I think people don't care. Undecided

~~MZ~~

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: MrTeal on January 05, 2015, 09:54:14 PM

Quote from: suchmoon on January 05, 2015, 09:44:18 PM

Someone spammed this one in the hashie thread

http://ore-mine.com/

TBH I didn't even look at it. But the poster (ref link spam of course) insisted it was "legit" so it must be true Roll Eyes

Affiliate program? 3000% returns?
Legit for sure.

does people actually (still) buy this?! Oo

MrTeal

legendary

Activity: 1274

Merit: 1004

Quote from: suchmoon on January 05, 2015, 09:44:18 PM

Someone spammed this one in the hashie thread

http://ore-mine.com/

TBH I didn't even look at it. But the poster (ref link spam of course) insisted it was "legit" so it must be true Roll Eyes

Affiliate program? 3000% returns?
Legit for sure.

suchmoon

legendary

Activity: 3654

Merit: 8909

https://bpip.org

Someone spammed this one in the hashie thread

http://ore-mine.com/

TBH I didn't even look at it. But the poster (ref link spam of course) insisted it was "legit" so it must be true Roll Eyes

MrTeal

legendary

Activity: 1274

Merit: 1004

Quote from: ?? on ??

Puppet, can you add https://terabox.me to your list?

It's there, he just spelled it incorrectly.

MrTeal

legendary

Activity: 1274

Merit: 1004

Quote from: flyingplows on January 05, 2015, 11:41:09 AM

why gaw has such high rating this far? are you aware what have they done to their customers recently? ye, you can still login to their website, but you can login to hashie too.. in fact i dont even know which one is worse (hashie sold amhash contrats, so at least had something not meant to leave you ripped off). i hardly got even with gaw and ONLY because this forum helped me to become aware of impending collapse and i sold my paycoins at ~14$. i almost feel bad about it when i think it is not that gaw refunded me money to compensate for the worthless shit-miners i bought from them to make one satoshi and some forumpoints later(only from better ones - zens), but someone was lied to and fooled to buy these shitcoins for such an inflated price.
so again, how do you call a company when THE ONLY way you can get your money back (if at all) is from new customers?! Shocked

Quote

Possibly/partially legit based on criteria set forth. Based on wider context: more suspicious than a nun squatting in a cucumber field

I wouldn't call that exactly a stellar recommendation. Really, you're asking for trouble if you send coin to any of those services that isn't 0 to 1 on the scale, and even then there's excessive risk.
That's even outside the basic profitability of cloud mining.

flyingplows

sr. member

Activity: 518

Merit: 250

why gaw has such high rating this far? are you aware what have they done to their customers recently? ye, you can still login to their website, but you can login to hashie too.. in fact i dont even know which one is worse (hashie sold amhash contrats, so at least had something not meant to leave you ripped off). i hardly got even with gaw and ONLY because this forum helped me to become aware of impending collapse and i sold my paycoins at ~14$. i almost feel bad about it when i think it is not that gaw refunded me money to compensate for the worthless shit-miners i bought from them to make one satoshi and some forumpoints later(only from better ones - zens), but someone was lied to and fooled to buy these shitcoins for such an inflated price.
so again, how do you call a company when THE ONLY way you can get your money back (if at all) is from new customers?! Shocked

NeonTranceBadger

full member

Activity: 168

Merit: 100

Quote from: armedmilitia on January 05, 2015, 09:35:33 AM

Noticed you added criteria #8 to your ponzi scale. GAW promised guaranteed profitability when they launched their hashlets. However, it seems like they've retracted that promise now, and have deleted the original hashlet thread. There's a theme with GAW deleting their promises to customers...

(Original hashlet thread, you won't find anything here)
https://hashtalk.org/t/mining-has-finally-evolved/6125

We have it all documented over at the official GAW post. We even have a massive backup of hashtalk.org and the "proof of mining" video by Joe also, so GAW can't get away with any of the deleting of posts.

https://bitcointalksearch.org/topic/gaw-josh-garza-discussion-paycoin-xpy-xpyio-ion-ionomy-always-make-money-857670

dr1980m

hero member

Activity: 938

Merit: 1000

Quote from: ComaWombat on January 05, 2015, 10:47:08 AM

Quote from: HorseRider on January 05, 2015, 09:46:49 AM

But after the crash, there is better hope to hold it and get ROI.

Sure. If you dent a lot of cars in a parking lot, maybe you'll be able to buy them cheap later and they'll still take you from A to B.

It's pure loss to the original car owners though if they don't get insurance money. I don't think I'm getting insurance money from Bitmain for the damages.

i bought 1 TH from 0,0005 and now its 0,004
i m already lose %20 Sad

İts very bad

ComaWombat

member

Activity: 89

Merit: 11

Quote from: HorseRider on January 05, 2015, 09:46:49 AM

But after the crash, there is better hope to hold it and get ROI.

Sure. If you dent a lot of cars in a parking lot, maybe you'll be able to buy them cheap later and they'll still take you from A to B.

It's pure loss to the original car owners though if they don't get insurance money. I don't think I'm getting insurance money from Bitmain for the damages.

HorseRider

donator

Activity: 1120

Merit: 1001

Quote from: ComaWombat on January 05, 2015, 05:37:36 AM

Quote from: HorseRider on January 04, 2015, 09:34:32 PM

BITMAIN has just released the S5, and also large mining operation pictures. I think the new added Umisoo is actually out of these new generation of mining rigs. The actual electricity cost of $/TH/day is low and BITMAIN sell the hash rate at low price but earn the maintenance profit.

Bitmain really shattered my illusions about them when they crashed the UMISOO market with new shares created out of thin air. It's completely unacceptable and a dirty move.

And I also think that they're not as transparent as 99% of Hashnest users think they are. I'd bet there's no way they've been mining with S2 and S3 after they aquired snowball.io. They've been mining with something better and datacenter friendly (S4) and charging high maintenance fees for the contracts like you said. While the payouts are what the contracts dictate, the operation could be called legit I guess, but their trustworthiness in my eyes has taken hard hits this fall and winter.

Before the crash, the Umisoo contract was traded at high price of no possibility to ROI. But after the crash, there is better hope to hold it and get ROI. (Though I think it is not a safe investment). It is still the best kind of cloud mining contract on the market available: backed up by real hashrate, low price, good liquidity.

armedmilitia

hero member

Activity: 562

Merit: 506

We're going to need a bigger heatsink.

Noticed you added criteria #8 to your ponzi scale. GAW promised guaranteed profitability when they launched their hashlets. However, it seems like they've retracted that promise now, and have deleted the original hashlet thread. There's a theme with GAW deleting their promises to customers...

(Original hashlet thread, you won't find anything here)
https://hashtalk.org/t/mining-has-finally-evolved/6125

ComaWombat

member

Activity: 89

Merit: 11

Quote from: HorseRider on January 04, 2015, 09:34:32 PM

BITMAIN has just released the S5, and also large mining operation pictures. I think the new added Umisoo is actually out of these new generation of mining rigs. The actual electricity cost of $/TH/day is low and BITMAIN sell the hash rate at low price but earn the maintenance profit.

Bitmain really shattered my illusions about them when they crashed the UMISOO market with new shares created out of thin air. It's completely unacceptable and a dirty move.

And I also think that they're not as transparent as 99% of Hashnest users think they are. I'd bet there's no way they've been mining with S2 and S3 after they aquired snowball.io. They've been mining with something better and datacenter friendly (S4) and charging high maintenance fees for the contracts like you said. While the payouts are what the contracts dictate, the operation could be called legit I guess, but their trustworthiness in my eyes has taken hard hits this fall and winter.

Topic: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 76. (Read 361551 times)