Topic: High Performance Bitcoin Mining | Starting from 0.0004 BTC/Ghs | Since 2014 - page 30. (Read 89610 times)

I submitted a ticket and got a fast reply (in bold below to differentiate from my request):

Re: much lower withdrawal on Jan 12 compared to Jan 5, 2015


ATCkit wrote:
Hi Cloud Mining Website,

My user Id is 2667. My BTC address: 1C5Nv1eBXhXP15Ep3ErZ3EjUzdJYszFK7e

Compared to most of your customers, my withdrawals on
Jan 12th are much lower. In fact, it was 48.2 % of my Jan 5th withdrawal.
That's a huge decrease in one week. Why ?

Jan 5: 0.03885774 BTC
Jan 12: 0.01881513 BTC

NOTE: there's an inconsistency as my payouts are lot lower percentage wise
from the previous payout compared to other clients. That is evident when
you compare my payout decrease to others on the block chain. For example:
If you read the bitcoin talk thread, you will see that Dexter even agreed-
given that neither of us increased or our hash power and both of us have
the reinvestment boxes unchecked.

i feel like CM.W are sending some of my payout to someone else :cry:

Thx,

ATCkit

Sent: Tue Jan 13, 2015 1:20 pm
From: support
Recipient: ATCkit

We are extremely sorry to know that your miners are not performing as per your expectation. The reason of different payout is different orders are mapped to different mining block of equipment and we give you what we get. May be for some order, the mining luck favored the customer and for some others, it did not. We dont have much to do about it. If you give it some time, you might see the favor of mining luck once again.

Thanks,
Cloud Mining
www.cloudmining.website

Meh, right after the 1st MtGox hack, June 2011, ~$32 to ~$1

July 650, September 450, November 350, January 230, March...meh can´t happen.

Meh, I've seen worse drops in exchange price.

I guess it´ll be a moot point when everything goes belly up, legitimate or not.

Good. Cloud mining services that refuse to provide evidence of legitimacy deserve to die. If they were legitimate though, they'd still be able to pay their customers and wouldn't even consider running away with the money. They'd also be able to refute the false allegations.

Well said...

The above figures didn't take into account the change address. Here's their payout history taking it into account.

Nov 10: 0.09128628 BTC paid out in total to 20 addresses
Nov 17: 0.41930670 BTC paid out in total to 38 addresses.
Nov 24: 0.84320654 BTC paid out in total to 58 addresses.
Dec 01: 1.53792675 BTC paid out in total to 69 addresses.
Dec 08: 2.28339915 BTC paid out in total to 85 addresses.
Dec 15: 3.10568266 BTC paid out in total to 104 addresses.
Dec 22: 1.62267573 BTC paid out in total to 33 addresses.
Dec 29: 1.99618747 BTC paid out in total to 70 addresses.
Jan 05: 2.04731607 BTC paid out in total to 83 addresses.
Jan 12: 1.45376991 BTC paid out in total to 122 addresses.

The payout on Jan 12 was 71% of the payout on Jan 5 and the number of addresses increased by 38.

Furthermore, ATC's payment was 3.51x greater than Dexter's on the 5th, yet on the 12th it was 1.7x greater. Dexter's payment on Jan 5 was 0.54% of the total payout and on Jan 12 was 0.76%. The hash rate remained constant at 260 Gh/s between the two dates. ATCkit's payment on Jan 5 was 1.9% of the total payout and on Jan 12 was 1.3%. The hash rate remained constant at 1070 Gh/s between the two dates.

Payments are just arbitrary it seems.

I wont be debating the legitimacy of cloud mining services with u as u r clearly inclined towards AM hash as u have investment over there. I would just like to point out to the fact that the calculation you have shown above is absolutely wrong. You have included change addresses in the calculation and hence could not account for the real payment. Hence, all the inferences you have made on the data have become invalid.

yes - that's the point. there's an inconsistency when the average payout is 68.65% of the previous- but mine is much lower. i feel like CM.W are sending some of my payout to someone else

EDIT: I will open a ticket on their internal forum.

I unchecked both boxes for hold and auto reinvest back in Dec. My last reinvestment was 10 GHS on Dec 24th.

I have 1070 GHS.

My Payout Page looks like this:

Pending : 0 BTC

List of Successful Withdrawals

Payment ID   Amount(BTC)   Tx Hash   Date
2321 0.05212657   7e449a5190b799ac21607c8c84f4a16e7fea58722e55edd406e27542bea4758a   2014-12-01 14:03:24

2392   0.05740195   187682e30cd8c9c0002b0ff377d8b87b69d8688c4f87aaeb1de4a41252d8e39b   2014-12-08 10:06:46

2479   0.05961034   e41ff5138bc562eaf9aa1d162d8a8b25ab90717408eb5506df64a3637fdd7c8a   2014-12-15 17:15:21

2581   0.03216957   70d6d485b01d1cfb99f745b99691457d908a2f87c6055c15401014f2318e6cbd   2014-12-29 16:54:47

2653   0.03885774   95fc145d5dcd2c317bb6121a68d3503e74c5cb269a3ba670da11fa381871f0ca   2015-01-05 15:53:54

2749   0.01881513   c713eb36b6271889ba9ceb4ddd5415b23672ab0b42f3229ee0b0da3d03c19cf7   2015-01-12 12:02:01

Ok, I see your point now. Ideed interesting and should be addressed by CM.W.

No, I'm not accusing you of any wrong doing or anything. I'm saying you're better for advertising the service so it's good to keep you happy with the service.

Like I said earlier,


You're payout should have decreased too, yet it didn't, it increased.

Let ATCkit post his address and number of GH he owns. Something is wrong with his numbers. I have 260 GH from the beggining and my address is 17A3gis3VSC5iymakjCmrQSmuYT6XvYkoB. At Dec 8 was my first payout, payout from Jan 5 is 72% of Dec 8. I have dissabled hold and autoreinvest. Maybe he has this turned on and thats why low payouts.

You think that I have some favors becuse I'm active member of this forum? I'm present here for over 3 years, never had anything in my sig, till December. Why not earn something while posting, since my financial situation is worst for years... And I'm posting only facts, if you enter my address into blockchain you will see that every number is the same...

Here's their payout history

Nov 10: 0.09990000 BTC paid out in total to 21 addresses (including the change address).
Nov 17: 0.50851372 BTC paid out in total to 39 addresses (including the change address).
Nov 24: 0.98910702 BTC paid out in total to 59 addresses (including the change address).
Dec 01: 1.54285048 BTC paid out in total to 70 addresses (including the change address).
Dec 08: 2.98592723 BTC paid out in total to 86 addresses (including the change address).
Dec 15: 10.95585424 BTC paid out in total to 105 addresses (including the change address).
Dec 22: 1.64579392 BTC paid out in total to 34 addresses (including the change address).
Dec 29: 2.22291819 BTC paid out in total to 71 addresses (including the change address).
Jan 05: 2.12663072 BTC paid out in total to 84 addresses (including the change address).
Jan 12: 1.45990000 BTC paid out in total to 123 addresses (including the change address).

The payouts on Jan 12 was 68.65% of the payout on Jan 5 and the number of addresses increased by 39.
ATCkit's payout on Jan 12 was 48.42% of the payout from Jan 5.
Dexter's payout on Jan 12 was 104.55% of the payout from Jan 5.
Dexter also happens to be a far more active Hero member with a cloudmining.website sig.

If anyone thinks this is not a scam, then give me a plausible and logical explanation for those figures.

Hmm, that seems different than me.  

My Jan 12th  withdrawal was 48.2 % of my Jan 5th withdrawal. For a 30 day comparison, my Jan 5th payment is only 56.8% of my Dec 8th withdrawal.

Dec 8:    0.05740195 BTC
Jan 5:    0.03885774  BTC
Jan 12:  0.01881513  BTC

So, after 6 weeks, i have received back 26 % of my investment. At this rate, i will break even (ROI) in about 165 days.

I'm not sure what's going on. I just confirmed that I turned off my auto re-investment shortly after that system was announced. So I should have nothing being reinvested right now.

Does anyone know how you can find out what dates payouts were re-invested instead being withdrawn?

Story continues, payout update

Invested:
0.2BTC/260GH, average ~0.0077BTC/10GH

Payment #:
1: 0.01463184BTC, average ~0.00008039BTC/10GH/day
2: 0.01569475BTC (-0.0005 refferal), average 0.00008348BTC/10GH/day
3: 0.01079236BTC (-0.0005 refferal), average 0.00005655BTC/10GH/day
4: 0.01021826BTC, average 0.00005614/10GH/day
5: 0.01106746BTC (-0.0005 refferal), average 0.00005806BTC/10GH/day
6: 0.01104814BTC, average 0.00006070/10GH/day

TOTAL: 0.07195281BTC

ROI so far:
36.72%, average ~0.87%/day
expected 100% ROI in next 73 days

6th payout. I've wrote earlier that this week was worse than previous but actually it's opposite. I forgot to substract refferal income from previous week. On average this week was better. Average %/day (6 weeks, 42 days) stayed same, expected ROI dropped to 73 days.

Same here... clearly the plummeted bitcoin price has taken the toll.

Yep, payout recived. Will update my story later. This week was little worse than previous ;(