▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 80.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: BTCXE on December 30, 2014, 08:42:04 AM

Quote from: Puppet on November 30, 2014, 07:39:32 AM

hashcoin.com ~1+2+3+4+7 => 5/7 = (very) suspicious (user selectable pool requires fee, dc pictures show no miners, linkedin profile doctored, hardware sales very dubious,..)

I would ask you to reconsider Hashcoins - i'm sure they would be glad to hold a Skype call with you to show the office, miners and answer any queries or suspicions you may have

Any company is free to address the community concerns directly with the public and we will update our reporting shortly after. There is no need for private Skype calls, they should just be more transparent and post the information on their website or here directly.

raskul

sr. member

Activity: 434

Merit: 250

Quote from: BTCXE on December 30, 2014, 08:42:04 AM

Quote from: Puppet on November 30, 2014, 07:39:32 AM

hashcoin.com ~1+2+3+4+7 => 5/7 = (very) suspicious (user selectable pool requires fee, dc pictures show no miners, linkedin profile doctored, hardware sales very dubious,..)

I would ask you to reconsider Hashcoins - i'm sure they would be glad to hold a Skype call with you to show the office, miners and answer any queries or suspicions you may have

This should be publicly visible.

BTCXE

member

Activity: 69

Merit: 10

Quote from: Puppet on November 30, 2014, 07:39:32 AM

hashcoin.com ~1+2+3+4+7 => 5/7 = (very) suspicious (user selectable pool requires fee, dc pictures show no miners, linkedin profile doctored, hardware sales very dubious,..)

I would ask you to reconsider Hashcoins - i'm sure they would be glad to hold a Skype call with you to show the office, miners and answer any queries or suspicions you may have

whitewhidow

member

Activity: 112

Merit: 10

im thinking of just buying the hw myself... as i got access to "free" (nothing in life is free) electricity..

just not 100% sure if its even worth the effort of gathering funds ..

many lessons learned regarding cloud mining. thses last days ..

and atleast i know i wont turn into a freaking puzzle at some point. hashie. sorry. i sneezed

Dilemma

full member

Activity: 168

Merit: 100

Quote from: etnak on December 30, 2014, 07:48:21 AM

Another ponzi site that went down this week is coins-miners.com

it is not a new
they didnt pay for last two weeks
they are scammer..

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: whitewhidow on December 30, 2014, 08:27:31 AM

puppet. you have anything invested somewhere? if so, where ?

I sure have.
I own a non trivial amount of bitcoins, most of which in a cold wallet.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: whitewhidow on December 30, 2014, 08:27:31 AM

puppet. you have anything invested somewhere? if so, where ?

im ssoooooo tired of this scamming bs ..

You are better off refusing to participate in cloud mining, buying BTC directly, and pressuring ASIC manufactures to lower prices and behave more responsibly.

Here are ways you should store your bitcoins :

https://bitcointalksearch.org/topic/options-for-securing-your-bitcoin-wallet-858604

whitewhidow

member

Activity: 112

Merit: 10

puppet. you have anything invested somewhere? if so, where ?

im ssoooooo tired of this scamming bs ..

l3sny

hero member

Activity: 859

Merit: 1000

They are dropping like flies;) Next!

etnak

newbie

Activity: 1

Merit: 0

Another ponzi site that went down this week is coins-miners.com

Muhammed Zakir

hero member

Activity: 560

Merit: 509

I prefer Zakir over Muhammed when mentioning me!

Quote from: virtapayseller666 on December 30, 2014, 05:02:51 AM

read this about why site down http://www.reddit.com/r/Bitcoin/comments/2qpao3/hashprofit_is_down_ddos_attack_or_scam/

https://hashprofit.com/ RIP Site down

new Scam

Site is still up but they changed HTTPS to HTTP. Roll Eyes

~~MZ~~

virtapayseller666

sr. member

Activity: 294

Merit: 250

read this about why site down http://www.reddit.com/r/Bitcoin/comments/2qpao3/hashprofit_is_down_ddos_attack_or_scam/

https://hashprofit.com/ RIP Site down

new Scam

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: jedi108 on December 29, 2014, 09:57:13 PM

Thank you for this post.

Please, add to this https://www.cryptsy.com cloud mining too

Quote

Consolidated Mining Specifications

140 Th/s Total Mining Power
No term - continues until it no longer produces
1.0 Unit = 1.167 Gh/s
Total Shares Available: 120,000
Daily Mining Payouts Directly To Your Cryptsy Balance

About MN - https://www.cryptsy.com/currencies/view/260
Market MN/BTC - https://www.cryptsy.com/markets/view/MN_BTC

Thanks, didnt know about that one. At first glance only 1+2+3 seem to apply. Anything else I should know?

KingTylerVVS

full member

Activity: 178

Merit: 100

case and point - do not buy cloud mining. Period. Ever. Just save your bitcoins, buy physical miners if you like, and WORK for your money. Create real value for society. Cannot get something for nothing, do not let ANYONE convince you to part with your money.

jedi108

newbie

Activity: 3

Merit: 0

Thank you for this post.

Please, add to this https://www.cryptsy.com cloud mining too

Quote

Consolidated Mining Specifications

140 Th/s Total Mining Power
No term - continues until it no longer produces
1.0 Unit = 1.167 Gh/s
Total Shares Available: 120,000
Daily Mining Payouts Directly To Your Cryptsy Balance

About MN - https://www.cryptsy.com/currencies/view/260
Market MN/BTC - https://www.cryptsy.com/markets/view/MN_BTC

l3sny

hero member

Activity: 859

Merit: 1000

Quote from: julian071 on December 29, 2014, 08:24:14 PM

Quote from: l3sny on December 29, 2014, 07:59:53 PM

Quote from: julian071 on December 29, 2014, 07:07:02 PM

Quote from: l3sny on December 29, 2014, 06:34:49 PM

I told you so, we have an avalanche of collapsed ponzis Wink

btw if they were really mining the hardware they were using would be not affected and working as usual.

Aw, 'mining the miners' is a very poignant metaphore :/

I meant the hardware Wink

Hehe well still wel put!

I have improved it again Wink

julian071

hero member

Activity: 1132

Merit: 818

Quote from: l3sny on December 29, 2014, 07:59:53 PM

Quote from: julian071 on December 29, 2014, 07:07:02 PM

Quote from: l3sny on December 29, 2014, 06:34:49 PM

I told you so, we have an avalanche of collapsed ponzis Wink

btw if they were really mining the hardware would be not affected and working as usual.

Aw, 'mining the miners' is a very poignant metaphore :/

I meant the hardware Wink

Hehe well still well put!

l3sny

hero member

Activity: 859

Merit: 1000

Quote from: julian071 on December 29, 2014, 07:07:02 PM

Quote from: l3sny on December 29, 2014, 06:34:49 PM

I told you so, we have an avalanche of collapsed ponzis Wink

btw if they were really mining the hardware would be not affected and working as usual.

Aw, 'mining the miners' is a very poignant metaphore :/

I meant the hardware Wink

BombaUcigasa

legendary

Activity: 1442

Merit: 1005

Quote from: julian071 on December 29, 2014, 06:00:07 PM

There's still the discussion wether the ponzi's that collapsed in recent days were doing fractional reserve mining or no mining at all. First clue is that their demise most probably did not make a big dent in the global hashrate.

That's because the hashrate was fake.

Worst thing so far, they will not all explode before Bitcoin resumes expansion and your sites will still be filled with shitty scammy adverts for cloud hashing.

julian071

hero member

Activity: 1132

Merit: 818

Quote from: l3sny on December 29, 2014, 06:34:49 PM

I told you so, we have an avalanche of collapsed ponzis Wink

btw if they were really mining the miners would be not affected and working as usual.

Aw, 'mining the miners' is a very poignant metaphore :/

Topic: ▁ ▂ ▄ ▅ ▆ Cloudmining 101 (ponzi risk assessment) ▆ ▅ ▄ ▂ ▁ - page 80. (Read 361607 times)