Author

Topic: Contractmine.com - Order tracking - Test Order (Read 2801 times)

sr. member
Activity: 420
Merit: 260
February 23, 2015, 02:36:18 AM
#14
Cloud mining terminated. Full refunds received. Locking thread.

Quote
February 22nd, 2015

Dear Customer,

Today we are going to refund all customers what they paid for mining contracts through us, regardless of previous payouts. You'll receive the full refund price of what you paid later today. The reason why is simple, the method in which we sell contracts is too closely related to selling securities and "shares". We've seen some high profile arrests and raids related to Bitcoin companies over the past couple of months here in the U.S. and it's not worth the risk. As a result, I am simply going to refund your order in full and cease the selling of mining contracts. I wish everyone the best and hopefully you understand the reasons.

Your refund will be sent today before 6PM Pacific Time (Feb 22nd) to your Bitcoin wallet address that you provided us with this notice.
sr. member
Activity: 420
Merit: 260
No further payment has been received. No interest in this thread. That sucks   Cry

Yea. Nobody cares about this sucky cloud scamming service.  Huh

I can see that. Thanks for your insight. I will not post anything further unless there is interest.
legendary
Activity: 1246
Merit: 1024
No further payment has been received. No interest in this thread. That sucks   Cry

Yea. Nobody cares about this sucky cloud scamming service.  Huh
sr. member
Activity: 420
Merit: 260
No further payment has been received. No interest in this thread. That sucks   Cry
sr. member
Activity: 420
Merit: 260
There seems to be no interest in this thread so if this continues I will abandon it.  Tongue
legendary
Activity: 1246
Merit: 1024
First Payment Received. 0.00005208 For Jan 15, 2015

Monthly Payment Report

Quote
Round C Mining Report December Total               
GAW Miners
0.03322856
Zeushash
0.00243431
Genesis Mining
0.00398050
Hashnest
0.00435506
CEX.io
0.00011614
Cryptomine.io
0.00000000
Scrypt.cc
0.00552634
Eobot
0.00034810
AMHash
0.00209425
Total:
0.05208326
 

Wow! That's some big money mining you are doing there.  Shocked
sr. member
Activity: 420
Merit: 260
First Payment Received. 0.00005208 For Jan 15, 2015

Monthly Payment Report

Quote
Round C Mining Report December Total               
GAW Miners
0.03322856
Zeushash
0.00243431
Genesis Mining
0.00398050
Hashnest
0.00435506
CEX.io
0.00011614
Cryptomine.io
0.00000000
Scrypt.cc
0.00552634
Eobot
0.00034810
AMHash
0.00209425
Total:
0.05208326
 
sr. member
Activity: 420
Merit: 260
Payout information and Stats for December. I purchased one share of Round C

Quote
When do I receive Bitcoins from my contract?

    Payouts are on the last Sunday of the month (GMT - 8:00).  If your earned balance is less than 0.0001 BTC, you will only get a balance statement until your balance is more than 0.0001 BTC at which point, your bitcoins will be sent to you.

What does a single share payout per month?

    Payouts per share can vary because they are calculated based on returns from the mining contracts for each round each month.  Below is what each round paid out for December 2014 for a single share:

        Round A - 0.000004
        Round B - 0.000009
        Round C - 0.000026
sr. member
Activity: 420
Merit: 260
I think it is better to invest directly in cloud mining websites those are showing payment proof.

I agree. I was curious so I tested a small order. Probably not large enough to get any payout but their should be some visible stats. A least I would know where I stand. IMO this one is pretty fishy and not long for life I think.
legendary
Activity: 2226
Merit: 1052
I think it is better to invest directly in cloud mining websites those are showing payment proof.
sr. member
Activity: 420
Merit: 260
Yes, it is extremely overpriced. I don't expect to ever see any payout from one share. I have not received anything or any status to what i have earned as the site has no stats at all.  Very poor user experience.  Tongue
full member
Activity: 199
Merit: 100
Give 'em the pickle
Seems way overpriced to me.

Each share is $1.49

Each share gets 0.16 GH/s and 0.03 Mh/s

Does that mean you are paying about $9 USD per GH/s?

If my math is correct, and if we are talking about GH/s to mine bitcoin, that is insane.
sr. member
Activity: 420
Merit: 260
UPDATE

Received email 1/3/15 Processing order:

Quote
Thank you for signing up, payments are processed the last Sunday of the month (GMT -8:00). You will receive your first statement and payout (if your balance is more than 0.0001btc) on Sunday, January 25th.

Sincerely,
Chris L.

On the site they claim to show the owners real name and background information for transparency. I have no way to know if it
it true information but it is a good start I guess.

Updates to continue if payment is received.

sr. member
Activity: 420
Merit: 260
Interested to know if anyone has any experiences with ContractMine.com

I am just curious. I know cloud mining is a risky venture and have money tied up in other cloud mining operations that are
questionable at the moment. I was just curious about this one.

I have invested in 1 share @ $1.49 via PayPal payment. I will report back the BCT community on payouts and how this works out.

Order has been placed. Pending fulfillment. Jan 2, 2015 3:03 UTC

 Grin
Jump to: