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Topic: High Performance Bitcoin Mining | Starting from 0.0004 BTC/Ghs | Since 2014 - page 49. (Read 89610 times)

hero member
Activity: 770
Merit: 509
^^^I wonder why this troll above me is not kicked out of this thread by OP. It is clear that he is a HaveLock sympathizer... not sure paid troll or investor of HaveLock himself. Here is a clear conflict of interest for him against all cloud mining services as HaveLock works as a mediator between investors and miners. He is even running a thread as a part of his propaganda against cloud mining. Sometimes he is shouting against PB, sometimes he is coming to this thread to disrupt conversation. At the beginning of every single page of this thread, he is jumping in without any invitation. I dont know why the f**ck this thread is moderated, if this troll is allowed to roam about free and shit at his whim. If I were the OP, I'd have deleted all his posts at one go... Angry

Propaganda? havelock simpathizer?

Are you serious or are you really this delusional?
hero member
Activity: 770
Merit: 509
9.How long does a contract last ?
 Duration of all contracts are minimum one year or the longevity of the miner, whichever is higher.

Does it mean You suppose to end contracts after one year or each contract binds real hw and will be ended as that hw fysicaly dies?

Each contract does NOT bind to individual hardware. Group of contracts are bind to block of hardware. We manage this mapping at our end. We are talking about one year here to give you a minimum guarantee. Actually they will last longer. We are well aware of the fact that industry is talking about five years, lifetime etc. etc. But, to be safe at our end, we dont want to pre-commit anything beyond one year. Happy Minining Smiley

When you say "the industry is talking about 5 years" you really mean just one other website which is also most likely a ponzi right?

To me this looks like someone saw pbmining and thought to themselves "Wow, this is a very efficient ponzi scheme. I should make one".

Why is it that you cant have a hardware manufacturer vouch for you? Surely they are willing to do that since you have such a good relationship with them.
sr. member
Activity: 257
Merit: 250
9.How long does a contract last ?
 Duration of all contracts are minimum one year or the longevity of the miner, whichever is higher.

Does it mean You suppose to end contracts after one year or each contract binds real hw and will be ended as that hw fysicaly dies?

Each contract does NOT bind to individual hardware. Group of contracts are bind to block of hardware. We manage this mapping at our end. We are talking about one year here to give you a minimum guarantee. Actually they will last longer. We are well aware of the fact that industry is talking about five years, lifetime etc. etc. But, to be safe at our end, we dont want to pre-commit anything beyond one year. Happy Minining Smiley
legendary
Activity: 980
Merit: 1040
It means until the ponzi collapses
full member
Activity: 238
Merit: 100
9.How long does a contract last ?
 Duration of all contracts are minimum one year or the longevity of the miner, whichever is higher.

Does it mean You suppose to end contracts after one year or each contract binds real hw and will be ended as that hw fysicaly dies?
hero member
Activity: 770
Merit: 509
-snip-

That's true for a few TH/s but I guarantee you cannot buy several PH/s on ebay.

-snip-

Not really. eBay is NOT the only place from where hash power can be bought.

Please do show me a place where you can buy several PH/s with a contract that lasts less than a few months.

-snip-

After thinking about it, I'm not buying the excuse that they cannot provide a mining address because they "will not be able to sell those at a premium price". I can't think of a reason that someone laundering money/coins wouldn't want coins mined by a known company.

-snip-

You should not. Because, then you will not receive payment from HaveLock to troll cloud mining threads. Either you dont know or you'll never accept the fact that those who buy freshly mined coins at a premium price, dont want another miner's name to get attached to the mining address. Because, in most of the cases, fresh coins are bought, not for money laundering, but for avoiding double taxation. When someone has a business in a different country, his country also tries to tax him for that using various laws. That is why, they try not to show their earning from business, but from mining of their own. That is why they need the fresh coins and non-disclosure of the mining address.

First of all quit with the havelock BS. I'm not paid by havelock, I'm just one of the several thousand customers who they have not scammed. I will disprove your conspiracy theory right now by saying I think every offering on havelock is not worth investing in because the risk/reward ratio is piss poor.

You, on the other hand, are suspiciously pushing shady cloudmining companies that most knowledgeable people agree look like blatant ponzis. Are you paid to spam this garbage or just incredibly naive?

I'm not buying your "double taxation" excuse. The government doesn't give two shits if you mined the coins yourself or paid a company to mine them for you. Either way it's taxable income and they want a piece of it.

-snip-

Anyways if there really is some mysterious reason they can't provide a mining address, what about having one of the hardware manufacturers vouch for them? I'm sure they will do that considering they have such an amazing relationship.

This time I should laugh at you. This is like asking HaveLock to vouch for PB mining/cloudmining.website. Most of the hardware manufacturers are now getting into or planning to get into cloud mining and you expect them to vouch for a cloud mining service ? Moreover, that would be the end of their anonymity, which most of the bitcoin businesses prefer to have till clear govt regulations are in place. Are you nuts or a fallen troll ? Does HaveLock pay you in Satoshi for your crusade against cloud mining services ?

You're really just proving how misinformed you are.

Why would havelock vouch for a sketchy/scammy company they have nothing to do with?

This "cloudmining company" specifically said: "Because of our relationship with ASIC manufacturers, we get high end machines before the market does. "

How exactly would a company like Bitfury or Bitmain compromise anyone's anonymity by saying something like "Yes, we can confirm that cloudmining.website is a large buyer of our hardware and their operation is legit"

You will probably think of some bullshit reason why that can't happen but in fact it's already been done for several companies:

Quote
DigitalBTC and CryptX became the first clients to use BitFury's managed mining services

http://www.coindesk.com/bitfury-announces-hosted-mining-services-business-customers/

Quote
Under the agreement, CloudHashing.com's software will be deployed on digitalBTC's bitcoin hardware, located in data centres in Iceland and Texas.

http://www.coindesk.com/digitalbtc-enter-strategic-partnership-cloudhashing-com/

hero member
Activity: 770
Merit: 509
-snip-

Here are a few ways you can disclose your mining address without tainting your premium newly mined coins:

A: Mine on a pool with stats like btcguild (surely you have several PH/s and will show up in the top 10.)

B: Allocate only a small portion of your hashrate to solomine (maybe just 1 PH/s)

C: Change your mining address only temporarily to prove you own X PH/s.

-snip-

This does not prove anything either. Because it can be easily done by buying hashpower from ebay or other places for a limited period of time, as someone explained here...

That's true for a few TH/s but I guarantee you cannot buy several PH/s on ebay.

After thinking about it, I'm not buying the excuse that they cannot provide a mining address because they "will not be able to sell those at a premium price". I can't think of a reason that someone laundering money/coins wouldn't want coins mined by a known company.

Anyways if there really is some mysterious reason they can't provide a mining address, what about having one of the hardware manufacturers vouch for them? I'm sure they will do that considering they have such an amazing relationship.
full member
Activity: 214
Merit: 278
-snip-

Here are a few ways you can disclose your mining address without tainting your premium newly mined coins:

A: Mine on a pool with stats like btcguild (surely you have several PH/s and will show up in the top 10.)

B: Allocate only a small portion of your hashrate to solomine (maybe just 1 PH/s)

C: Change your mining address only temporarily to prove you own X PH/s.

-snip-

This does not prove anything either. Because it can be easily done by buying hashpower from ebay or other places for a limited period of time, as someone explained here...

yeah i sent support ticket to hashie.co website still no response 36 hours later. I just asked them if i can see where the miners are mining live stats and NOT just a 1 time screen shot. I told them i need to see live GHS mining stats since someone can just buy a shitload of GHS on ebay or similar for short term and get a picture. I find it weird how hashie wont let me go into " chat section " till i buy a miner and not just have the free 10GHS

The bottom line is all these mining businesses are now turned out to be scammer.

- Cloud Miners are Ponzi.
- Hardware manufacturers take pre-order and keep mining with customer's machine at their own place.
- Pool owners are stealing hashes by block withholding attack.

If someone can not solo mine at home with his own miner, he should not try mining at all. Satoshi's basic vision of keeping blockchain de-centralized is being disturbed by mining scammers. Angry
legendary
Activity: 2282
Merit: 1035
2. We sell our fresh coins at a premium price to cover some cost. If we disclose the mining address, we will not be able to sell those at a premium price. So, to keep the things running at low cost, we can not disclose our mining address.

Thanks for your reply. But anyway, nothing seems to be satisfying at all and everyone knows that. Can anyone kindly explain what does the above quoted text meant. I can't understant it all. Why would anyone want to buy coins from you at premium price if they can get it at normal exchange cost. But please dont tell me that it's like a kind of private investment. Every question we asked you, you replied like how an average man will think to cover him up. Lets take example of HashProfit, whether it's ponzhi or real (I hope it's not ponzhi, coz they introduced Profit coin and want to get into Crypto currencies strongly), they give their location environment such as some region in Russia and also whenever they're running offer and discounts, they show their remaining Discounted HashPower until Discounted HashPower runs out. This doesn't mean HashProfit is paying me to give negative feedback for you, coz everyone in this thread knows how you're escaping from accurate questions thrown at you. If you want, then I can give examples of various cloud mining sites which I experienced and getting payouts continuously.

It means they are selling newly mined coins to someone who wants to launder large amounts of money. They want new coins because they have no transaction history.

It's sort of pointless because nobody cares whether your bitcoins were earned by selling drugs or scamming noobs, but the market exists as far as I know.

Really it's just an excuse to not disclose the mining address.

It sounds like you know a bit more than average user Huh Roll Eyes
hero member
Activity: 770
Merit: 509
2. We sell our fresh coins at a premium price to cover some cost. If we disclose the mining address, we will not be able to sell those at a premium price. So, to keep the things running at low cost, we can not disclose our mining address.

Thanks for your reply. But anyway, nothing seems to be satisfying at all and everyone knows that. Can anyone kindly explain what does the above quoted text meant. I can't understant it all. Why would anyone want to buy coins from you at premium price if they can get it at normal exchange cost. But please dont tell me that it's like a kind of private investment. Every question we asked you, you replied like how an average man will think to cover him up. Lets take example of HashProfit, whether it's ponzhi or real (I hope it's not ponzhi, coz they introduced Profit coin and want to get into Crypto currencies strongly), they give their location environment such as some region in Russia and also whenever they're running offer and discounts, they show their remaining Discounted HashPower until Discounted HashPower runs out. This doesn't mean HashProfit is paying me to give negative feedback for you, coz everyone in this thread knows how you're escaping from accurate questions thrown at you. If you want, then I can give examples of various cloud mining sites which I experienced and getting payouts continuously.

It means they are selling newly mined coins to someone who wants to launder large amounts of money. They want new coins because they have no transaction history.

It's sort of pointless because nobody cares whether your bitcoins were earned by selling drugs or scamming noobs, but the market exists as far as I know.

Really it's just an excuse to not disclose the mining address.
member
Activity: 72
Merit: 10
2. We sell our fresh coins at a premium price to cover some cost. If we disclose the mining address, we will not be able to sell those at a premium price. So, to keep the things running at low cost, we can not disclose our mining address.

Thanks for your reply. But anyway, nothing seems to be satisfying at all and everyone knows that. Can anyone kindly explain what does the above quoted text meant. I can't understant it all. Why would anyone want to buy coins from you at premium price if they can get it at normal exchange cost. But please dont tell me that it's like a kind of private investment. Every question we asked you, you replied like how an average man will think to cover him up. Lets take example of HashProfit, whether it's ponzhi or real (I hope it's not ponzhi, coz they introduced Profit coin and want to get into Crypto currencies strongly), they give their location environment such as some region in Russia and also whenever they're running offer and discounts, they show their remaining Discounted HashPower until Discounted HashPower runs out. This doesn't mean HashProfit is paying me to give negative feedback for you, coz everyone in this thread knows how you're escaping from accurate questions thrown at you. If you want, then I can give examples of various cloud mining sites which I experienced and getting payouts continuously.
hero member
Activity: 770
Merit: 509
First of all, thank you for asking straight questions rather than making blind allegations. The basic questions that I could find from your text are 2...

1. How do we offer industry's lowest rate ?

2. Why dont we show our mining address ?

Please correct me, if I have missed any question. The answers are as follows...

1. This is actually the second question of our FAQ. So I'm just quoting it below. These are the key reasons of low cost, but not all. Another reason you will know when I answer your second question. But, to speak the truth, this rate may not last for long...
Quote
i. We have very cheap electricity.
ii. Because of our relationship with ASIC manufacturers, we get high end machines before the market does.
iii. Our robust infrastructure is built and tested with time.

2. We sell our fresh coins at a premium price to cover some cost. If we disclose the mining address, we will not be able to sell those at a premium price. So, to keep the things running at low cost, we can not disclose our mining address.

This is exactly the type of thing a scammer would say.

Here are a few ways you can disclose your mining address without tainting your premium newly mined coins:

A: Mine on a pool with stats like btcguild (surely you have several PH/s and will show up in the top 10.)

B: Allocate only a small portion of your hashrate to solomine (maybe just 1 PH/s)

C: Change your mining address only temporarily to prove you own X PH/s.

If you can't do any of those it's obvious that this is just the ~500th halfassed cloudmining ponzi scheme.

Quote
But, can you explain something to us ? We have earned some negative feedback from people who has only chosen us for those, but not any of our competitors for the very same allegations ? Does not it point to the obvious fact that they are just paid sock puppet and do they deserve any response ? Anyways, I'm sure the blind allegations will keep coming in and miners will keep investing. In our industry, only time can prove the trust...

If I was a sockpuppet, wouldn't I be posting in every other sketchy cloudmining thread? Or am I getting paid by every sketchy company at the same time, specifically to troll a single company which has hardly any customers? Your conspiracy theory just doesn't add up.

The real reason I've left negative feedback is because out of all the potential ponzi schemes, yours is the most lazy/halfassed/obvious. Other sketchy cloudmining websites have the potential to be legit but this is just so obvious I felt the need to give noobs a hint.

As for blind allegations, I don't think that's true at all. You've set your company up to look as much like a ponzi scheme as possible.

Here's a short list of red flags which you have created:

- Private website registration
- No names/phone numbers/company info
- No mining address/payments don't originate from mining.
- No history on the forum/anywhere
- No proof of contract with hardware manufacturers
- No pics of hardware
- Rates far below what every hardware manufacturer is offering
- Halfassed website

Anyways the only red flag that matters is a mining address. Prove that you own X PH/s and all us "paid sockpuppets" will leave you alone.

But of course you will dance around the question and/or bullshit your way out of it, because as we all know ponzi schemes cannot provide proof of mining.
sr. member
Activity: 257
Merit: 250
You can now book upto 900 Ghs in one order from www.cloudmining.website. To celebrate the launch of this feature, we are giving away upto 90 GHs per account. For more information, please visit => https://bitcointalksearch.org/topic/cloudminingwebsite-is-giving-away-upto-90-ghs-per-account-857307. There is also an update regarding this in the OP.

I'm a newbie here, but not to Bitcoins.. Everyone here's feeling that your rate/GH is extremely low and even it's not possible at that rate. And now you're even offering free GH at the low rate as a bonus..? How's it even possible..? Can you show your mining address..? You cant show your location coz of threats, but nothing can be done with your mining address if you show it? Is there any problem in it..?

Do you know why posted this..? coz I lost 1.5 btc in ponzhi schemes in my startup stages. But anyway, every experience is a lesson, and I dont feel for the loss coz I didnt invested any of my real money.

I dont want any of the newbies to loss in ponzhi schemes, as none of the experienced persons will invest big amount in these kind of schemes, coz they know what'll become in the end. Quoting a negative reply in your post to make everyone think you as trusted will not make you trusted. Only the newbies will fall for that. Everyone will invest in you including experienced persons but only a small amount. Offering a Big discount for 0.9 investment will made you to execute your ponzhi scheme if you're ponzhi. Am I right? If you can provide more details which will think you as trusted, then we may believe in your site, say atleast 10%..

First of all, thank you for asking straight questions rather than making blind allegations. The basic questions that I could find from your text are 2...

1. How do we offer industry's lowest rate ?

2. Why dont we show our mining address ?

Please correct me, if I have missed any question. The answers are as follows...

1. This is actually the second question of our FAQ. So I'm just quoting it below. These are the key reasons of low cost, but not all. Another reason you will know when I answer your second question. But, to speak the truth, this rate may not last for long...
Quote
i. We have very cheap electricity.
ii. Because of our relationship with ASIC manufacturers, we get high end machines before the market does.
iii. Our robust infrastructure is built and tested with time.

2. We sell our fresh coins at a premium price to cover some cost. If we disclose the mining address, we will not be able to sell those at a premium price. So, to keep the things running at low cost, we can not disclose our mining address.

But, can you explain something to us ? We have earned some negative feedback from people who has only chosen us for those, but not any of our competitors for the very same allegations ? Does not it point to the obvious fact that they are just paid sock puppet and do they deserve any response ? Anyways, I'm sure the blind allegations will keep coming in and miners will keep investing. In our industry, only time can prove the trust...
member
Activity: 72
Merit: 10
You can now book upto 900 Ghs in one order from www.cloudmining.website. To celebrate the launch of this feature, we are giving away upto 90 GHs per account. For more information, please visit => https://bitcointalksearch.org/topic/cloudminingwebsite-is-giving-away-upto-90-ghs-per-account-857307. There is also an update regarding this in the OP.

I'm a newbie here, but not to Bitcoins.. Everyone here's feeling that your rate/GH is extremely low and even it's not possible at that rate. And now you're even offering free GH at the low rate as a bonus..? How's it even possible..? Can you show your mining address..? You cant show your location coz of threats, but nothing can be done with your mining address if you show it? Is there any problem in it..?

Do you know why posted this..? coz I lost 1.5 btc in ponzhi schemes in my startup stages. But anyway, every experience is a lesson, and I dont feel for the loss coz I didnt invested any of my real money.

I dont want any of the newbies to loss in ponzhi schemes, as none of the experienced persons will invest big amount in these kind of schemes, coz they know what'll become in the end. Quoting a negative reply in your post to make everyone think you as trusted will not make you trusted. Only the newbies will fall for that. Everyone will invest in you including experienced persons but only a small amount. Offering a Big discount for 0.9 investment will made you to execute your ponzhi scheme if you're ponzhi. Am I right? If you can provide more details which will think you as trusted, then we may believe in your site, say atleast 10%..
sr. member
Activity: 257
Merit: 250
You can now book upto 900 Ghs in one order from www.cloudmining.website. To celebrate the launch of this feature, we are giving away upto 90 GHs per account. For more information, please visit => https://bitcointalksearch.org/topic/cloudminingwebsite-is-giving-away-upto-90-ghs-per-account-857307. There is also an update regarding this in the OP.
legendary
Activity: 1662
Merit: 1050
Website is offline.. Error 522

It is working fine at my end. Might be some problem at your end.

Now is everything ok  Smiley uff..  Smiley

Temporary outage is normal in every website. This happens with BitcoinTalk as well.
legendary
Activity: 2282
Merit: 1035
Website is offline.. Error 522

It is working fine at my end. Might be some problem at your end.

Now is everything ok  Smiley uff..  Smiley
legendary
Activity: 1662
Merit: 1050
Website is offline.. Error 522

It is working fine at my end. Might be some problem at your end.
legendary
Activity: 2282
Merit: 1035
Website is offline.. Error 522
legendary
Activity: 980
Merit: 1040
obvious scam is obvious.

- no contact data
- whoisguard protected domain
- no pictures, no mining address, no proof of anything
- referral system

Thats all you need to know its a scam.
But on top of that:
- clumsy amateurish website
- no mention even of fees
- ridiculous claims in FAQ show perpetuator  doesnt even properly understand mining

No point in arguing with the naysayers,  they just want to profit of this scam with referrals.
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