Author

Topic: FreeBitco.in-$200 FreeBTC🏎Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest - page 370. (Read 407639 times)

legendary
Activity: 981
Merit: 1026
I am sorry to announce that the new feature that we were working on will not be released in the near future. I'll try to explain what we were trying to do.

I was trying to create a mining investment program for users where users would be able to invest their bitcoins with us and we would use it to purchase bitcoin miners and generate profits. The way that I had designed this was that it would carry absolutely no risk to the user (other than us running away with their money, which is always a risk with any investment) and users would be guaranteed a fixed return on their investment (around 8-10% APR) measured in bitcoins, regardless of the BTC price. It would eliminate most issues with "cloud-mining" schemes and users would not have to worry about the difficulty and price, we would assume all of that risk. We would also provide proof of our mining hashrate to show that we were not running a fractional mining scheme.


That's a bummer. It would be a great addition. But how could you possibly guarantee a fixed 8%-10% return? You would expose yourself to a high risk, as you cannot possibly know what the difficulty will be like in the future and whether your hardware will still be efficient etc.


I'll contact the first two users who correctly guessed what the feature was to reward them their prizes. Sorry for hyping this up and then disappointing people who were waiting.

Who are those lucky 2?

The first one?

minning


Ignoring misspelling, that's a bit general answer, could cover anything from selling mining hardware to cpu altcoin mining software (or even mining pool etc). Would you count this?

Other guy was more accurate:

Cloud-online mining client / website

But he broke the rules by making 3 guesses within 24h frame.

I believe I was next:
I'll give a clue - it's something that has required significant monetary investment on my part (I'm talking 5 figures US$) before I can offer it to users. I'll reset the 24 hr limit for the users who posted before. You guys can guess again.

I don't think it's very likely, but the only thing I can come up with (since it's not leaderboard or loyalty points or shares in profit) is cloudmining (Bitcoin, or altcoins), in which users earn (dilutive?) shares for every roll/referral roll/dice wager.

Did I win?


Sorry, I cannot reveal the exact method that we were planning to use to guarantee returns as it is a pretty big competitive advantage that we have which others don't and we may yet implement this in the future.

The winners are Bigmann23 and pawel7777! Please pm me your freebitco.in user ids for the prize.

legendary
Activity: 2436
Merit: 1561
I am sorry to announce that the new feature that we were working on will not be released in the near future. I'll try to explain what we were trying to do.

I was trying to create a mining investment program for users where users would be able to invest their bitcoins with us and we would use it to purchase bitcoin miners and generate profits. The way that I had designed this was that it would carry absolutely no risk to the user (other than us running away with their money, which is always a risk with any investment) and users would be guaranteed a fixed return on their investment (around 8-10% APR) measured in bitcoins, regardless of the BTC price. It would eliminate most issues with "cloud-mining" schemes and users would not have to worry about the difficulty and price, we would assume all of that risk. We would also provide proof of our mining hashrate to show that we were not running a fractional mining scheme.


That's a bummer. It would be a great addition. But how could you possibly guarantee a fixed 8%-10% return? You would expose yourself to a high risk, as you cannot possibly know what the difficulty will be like in the future and whether your hardware will still be efficient etc.


I'll contact the first two users who correctly guessed what the feature was to reward them their prizes. Sorry for hyping this up and then disappointing people who were waiting.

Who are those lucky 2?

The first one?

minning


Ignoring misspelling, that's a bit general answer, could cover anything from selling mining hardware to cpu altcoin mining software (or even mining pool etc). Would you count this?

Other guy was more accurate:

Cloud-online mining client / website

But he broke the rules by making 3 guesses within 24h frame.

I believe I was next:
I'll give a clue - it's something that has required significant monetary investment on my part (I'm talking 5 figures US$) before I can offer it to users. I'll reset the 24 hr limit for the users who posted before. You guys can guess again.

I don't think it's very likely, but the only thing I can come up with (since it's not leaderboard or loyalty points or shares in profit) is cloudmining (Bitcoin, or altcoins), in which users earn (dilutive?) shares for every roll/referral roll/dice wager.

Did I win?
legendary
Activity: 981
Merit: 1026
I am sorry to announce that the new feature that we were working on will not be released in the near future. I'll try to explain what we were trying to do.

I was trying to create a mining investment program for users where users would be able to invest their bitcoins with us and we would use it to purchase bitcoin miners and generate profits. The way that I had designed this was that it would carry absolutely no risk to the user (other than us running away with their money, which is always a risk with any investment) and users would be guaranteed a fixed return on their investment (around 8-10% APR) measured in bitcoins, regardless of the BTC price. It would eliminate most issues with "cloud-mining" schemes and users would not have to worry about the difficulty and price, we would assume all of that risk. We would also provide proof of our mining hashrate to show that we were not running a fractional mining scheme.

To do this, we had already installed about 2 petahashes of mining power with another 2.5 petahashes planned to be installed soon. However, the main issue is that there simply isn't enough stock of efficient miners available to make this viable. There is no point in raising investments if we are unable to expand quickly and currently it seems like that will not be possible to do soon. Also, the recent price volatility has made it very expensive to reliably hedge against some uncertainties (which is necessary to prevent us from going bust in case of some unexpected circumstances). So I have had to put the project on hold, we will continue with expanding our mining operation but will not be opening it up for investments unless we are sure that it can be viable long-term. We have everything ready to go so if there is a possibility that this can be done in the future, we shall implement it

I'll contact the first two users who correctly guessed what the feature was to reward them their prizes. Sorry for hyping this up and then disappointing people who were waiting.
legendary
Activity: 981
Merit: 1026
Hi everyone,

I have a question. I owned an internet cafe and I have 2 referrals who are my customers.
Is it okay if we use the same IP address? Or we will be banned for using only one IP address?

I look forward to hearing from you.

Thanks.  Cool

I actually have my own experience regarding that. So I introduce two of my friends to freebitco (unfortunately one didn't interested that much and stopped claiming after few claims) using same wifi. And whenever one had claimed, then the other (lets say it's me) can't claim at the same time because on my browser the countdown had started with the exactly same time as my friend claimed. So I think it is safe to say that they only allow one IP per claim per hour. Unless you do other verification. I know there were a writing about having an exception (i.e. two claims for the same IP) but I forgot how

If both users verify their mobile numbers, they can both claim from the same IP. However, this isn't free it costs about $0.15 worth in bitcoin.

Yea, where is this function? I have a household of 5 people and we share 1 router. So we only use 1 account for everyone, which is impractical. We can sit in front of the television with our tablet and notebooks and connect via the same Wifi connection and play with the multiplier. It will also increase our chances in the lottery and to win with the Free rolls. Please give some more information, I do not mind paying some extra fee, if the whole family can share in the fun.  ^smile^

I can even sign up the secretaries at work, where we go via one router too for internet access. The 1 x IP limitation blocked new membership in my opinion, but I can see why it was done.

You should be able to see the link to verify your phone when you get the message "someone has already played from this IP". Previously the verification link was also available in the profile page when verifications were free. Let me know if you are unable to see the link and I'll try to make it more visible.
legendary
Activity: 981
Merit: 1026
Hi everyone,

I have a question. I owned an internet cafe and I have 2 referrals who are my customers.
Is it okay if we use the same IP address? Or we will be banned for using only one IP address?

I look forward to hearing from you.

Thanks.  Cool

I actually have my own experience regarding that. So I introduce two of my friends to freebitco (unfortunately one didn't interested that much and stopped claiming after few claims) using same wifi. And whenever one had claimed, then the other (lets say it's me) can't claim at the same time because on my browser the countdown had started with the exactly same time as my friend claimed. So I think it is safe to say that they only allow one IP per claim per hour. Unless you do other verification. I know there were a writing about having an exception (i.e. two claims for the same IP) but I forgot how

If both users verify their mobile numbers, they can both claim from the same IP. However, this isn't free it costs about $0.15 worth in bitcoin.

What do you mean it costs $0.15 in btc? To confirm a mobile number with freebitco.in? Who does it cost to, you or the person confirming the number? This is the first I've heard of this, so I'm just wondering what exactly the expense is and why there is an expense.

It cost's us that to use the verification service (nexmo). Previously, when we had adsense we absorbed the cost ourselves but now it is passed on to the user. It is only needed if multiple people want to play from the same IP.
full member
Activity: 152
Merit: 100
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Hi everyone,

I have a question. I owned an internet cafe and I have 2 referrals who are my customers.
Is it okay if we use the same IP address? Or we will be banned for using only one IP address?

I look forward to hearing from you.

Thanks.  Cool

I actually have my own experience regarding that. So I introduce two of my friends to freebitco (unfortunately one didn't interested that much and stopped claiming after few claims) using same wifi. And whenever one had claimed, then the other (lets say it's me) can't claim at the same time because on my browser the countdown had started with the exactly same time as my friend claimed. So I think it is safe to say that they only allow one IP per claim per hour. Unless you do other verification. I know there were a writing about having an exception (i.e. two claims for the same IP) but I forgot how

If both users verify their mobile numbers, they can both claim from the same IP. However, this isn't free it costs about $0.15 worth in bitcoin.

Yea, where is this function? I have a household of 5 people and we share 1 router. So we only use 1 account for everyone, which is impractical. We can sit in front of the television with our tablet and notebooks and connect via the same Wifi connection and play with the multiplier. It will also increase our chances in the lottery and to win with the Free rolls. Please give some more information, I do not mind paying some extra fee, if the whole family can share in the fun.  ^smile^

I can even sign up the secretaries at work, where we go via one router too for internet access. The 1 x IP limitation blocked new membership in my opinion, but I can see why it was done.
hero member
Activity: 756
Merit: 504
Hi everyone,

I have a question. I owned an internet cafe and I have 2 referrals who are my customers.
Is it okay if we use the same IP address? Or we will be banned for using only one IP address?

I look forward to hearing from you.

Thanks.  Cool

I actually have my own experience regarding that. So I introduce two of my friends to freebitco (unfortunately one didn't interested that much and stopped claiming after few claims) using same wifi. And whenever one had claimed, then the other (lets say it's me) can't claim at the same time because on my browser the countdown had started with the exactly same time as my friend claimed. So I think it is safe to say that they only allow one IP per claim per hour. Unless you do other verification. I know there were a writing about having an exception (i.e. two claims for the same IP) but I forgot how

If both users verify their mobile numbers, they can both claim from the same IP. However, this isn't free it costs about $0.15 worth in bitcoin.
Its very interesting because first time I am hearing about this can you give some more information about this how can they verify mobile phone and where is this facility available
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
Hi everyone,

I have a question. I owned an internet cafe and I have 2 referrals who are my customers.
Is it okay if we use the same IP address? Or we will be banned for using only one IP address?

I look forward to hearing from you.

Thanks.  Cool

I actually have my own experience regarding that. So I introduce two of my friends to freebitco (unfortunately one didn't interested that much and stopped claiming after few claims) using same wifi. And whenever one had claimed, then the other (lets say it's me) can't claim at the same time because on my browser the countdown had started with the exactly same time as my friend claimed. So I think it is safe to say that they only allow one IP per claim per hour. Unless you do other verification. I know there were a writing about having an exception (i.e. two claims for the same IP) but I forgot how

If both users verify their mobile numbers, they can both claim from the same IP. However, this isn't free it costs about $0.15 worth in bitcoin.

What do you mean it costs $0.15 in btc? To confirm a mobile number with freebitco.in? Who does it cost to, you or the person confirming the number? This is the first I've heard of this, so I'm just wondering what exactly the expense is and why there is an expense.
legendary
Activity: 981
Merit: 1026
Hi everyone,

I have a question. I owned an internet cafe and I have 2 referrals who are my customers.
Is it okay if we use the same IP address? Or we will be banned for using only one IP address?

I look forward to hearing from you.

Thanks.  Cool

I actually have my own experience regarding that. So I introduce two of my friends to freebitco (unfortunately one didn't interested that much and stopped claiming after few claims) using same wifi. And whenever one had claimed, then the other (lets say it's me) can't claim at the same time because on my browser the countdown had started with the exactly same time as my friend claimed. So I think it is safe to say that they only allow one IP per claim per hour. Unless you do other verification. I know there were a writing about having an exception (i.e. two claims for the same IP) but I forgot how

If both users verify their mobile numbers, they can both claim from the same IP. However, this isn't free it costs about $0.15 worth in bitcoin.
legendary
Activity: 2030
Merit: 1059
Wait... What?
Hi everyone,

I have a question. I owned an internet cafe and I have 2 referrals who are my customers.
Is it okay if we use the same IP address? Or we will be banned for using only one IP address?

I look forward to hearing from you.

Thanks.  Cool

I actually have my own experience regarding that. So I introduce two of my friends to freebitco (unfortunately one didn't interested that much and stopped claiming after few claims) using same wifi. And whenever one had claimed, then the other (lets say it's me) can't claim at the same time because on my browser the countdown had started with the exactly same time as my friend claimed. So I think it is safe to say that they only allow one IP per claim per hour. Unless you do other verification. I know there were a writing about having an exception (i.e. two claims for the same IP) but I forgot how
newbie
Activity: 45
Merit: 0
Thanks mexicantarget for your quick response Cheesy

Now I know what to do. Muchas gracias  Cheesy
legendary
Activity: 1652
Merit: 1043
Cypherpunk (& cyberpunk)
Hi everyone,

I have a question. I owned an internet cafe and I have 2 referrals who are my customers.
Is it okay if we use the same IP address? Or we will be banned for using only one IP address?

I look forward to hearing from you.

Thanks.  Cool
Your IP will probably get connected to multiple accounts and you'll get detected
newbie
Activity: 45
Merit: 0
Hi everyone,

I have a question. I owned an internet cafe and I have 2 referrals who are my customers.
Is it okay if we use the same IP address? Or we will be banned for using only one IP address?

I look forward to hearing from you.

Thanks.  Cool
legendary
Activity: 3262
Merit: 1376
Slava Ukraini!
I also have what to share - fresh winning of today. I winned 3rd tier prize after long time.



Congrats Wink

I know it is not easy to hit this 3rd tier prize. I've tried quite some time but not yet successful. Will keep trying
Thanks. This week is very lucky for me. After few days I also won 3rd tier prize from bitcoin faucet and few 2nd tier prizes from both faucets.
legendary
Activity: 981
Merit: 1026
Hey wetsuit, any update or news on the touted announcement from awhile back? It's been a couple weeks since I asked last time. Figured I'd ask again since I haven't heard anything since then. No judgement, just excited for what it might be.

Sorry about the lack on updates on that, The price increase has created a couple of small issues that I am trying to find solutions to. Should be a few more days.
sr. member
Activity: 465
Merit: 250
I also have what to share - fresh winning of today. I winned 3rd tier prize after long time.



Congrats Wink

I know it is not easy to hit this 3rd tier prize. I've tried quite some time but not yet successful. Will keep trying
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
Hey wetsuit, any update or news on the touted announcement from awhile back? It's been a couple weeks since I asked last time. Figured I'd ask again since I haven't heard anything since then. No judgement, just excited for what it might be.
sr. member
Activity: 490
Merit: 251
Revolutionizing Brokerage of Personal Data
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