Is this Cloud Mining site a scam? - page 2.

jtipt

hero member

Activity: 1050

Merit: 529

Quote from: ilRena on September 09, 2017, 02:59:56 PM

Hi, I recendly found this website and i'm interested to know if it withdraws or not. This site is called Ilivion and I didn't get information about it, only on youtube but nobody is saying that this is a scam.
Same thing for Scheriton.

Someone is using this websites? Does it pay?

I found some videos on YT that are showing withdrawal proofs.

I haven't heard of the site. And I can't find it, if you can provide a link to it would be good. But whether it is scam or not I would strongly suggest you against from investing in cloud mining, it is not at all profitable the websites that promise high returns are most probably scam, so if this website is promising high returns then it is likely a scam.

pawanjain

hero member

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Nothing lasts forever

Quote from: ilRena on September 09, 2017, 02:59:56 PM

Hi, I recendly found this website and i'm interested to know if it withdraws or not. This site is called Ilivion and I didn't get information about it, only on youtube but nobody is saying that this is a scam.
Same thing for Scheriton.

Someone is using this websites? Does it pay?

I found some videos on YT that are showing withdrawal proofs.

One thing i keep on repeating is that 99% of the cloud mining websites are scam and the rest 1% which actually pays you are not much profitable.
Mining is a tedious process and it takes a lot of effort to building a profitable mining rig. So why will they pay you for all their efforts unless you are investing in them. If you want to mine some coins then the best thing to do will be build your own mining rig and i recommend building a rig through graphics cards as you can use them well and sell it later when you finish the job. Dont go for cloud mining stuff as they are not profitable and most probably fake.

cpfreeplz

legendary

Activity: 966

Merit: 1042

All cloud mining operations are a scam. If there is a legitimate one out there's right now it will be a scam in the future. Think about it, why rent out a miner to have you earn the profits when they already did the hard part? They had it shipped, they got it set up and running. If they make more renting it out than they would from mining then they're just scamming you, and if it's the other way around they're losing money. Neither makes sense so it has to be a ponzi.

TL;DR: Just stay away!!

sweetdesirez

sr. member

Activity: 308

Merit: 250

I did not even bother to search for this site as you didn't provide any link, because every single search will only help it rank in search engines Grin

Just follow the thumb rule, if any site offers a fixed rate of profits, its a ponzi taken granted for Grin

magneto

hero member

Activity: 1666

Merit: 753

Quote from: ilRena on September 09, 2017, 02:59:56 PM

Hi, I recendly found this website and i'm interested to know if it withdraws or not. This site is called Ilivion and I didn't get information about it, only on youtube but nobody is saying that this is a scam.
Same thing for Scheriton.

Someone is using this websites? Does it pay?

I found some videos on YT that are showing withdrawal proofs.

Use your logic. How is it possible for them to guarantee you a stable income when other legit cloud mining services are having trouble even returning the investor's initial investment? It's obvious that they are either an outright scam or a ponzi.

There are a lot of youtubers out there that are trying to get you to use their affiliate link so that they can earn money. I would stay clear of any "cloud mining" sites that offer you any sort of guaranteed income that is many times higher than bank interest.

It is just not sustainable and even if they pay now, they won't continue to pay you.

xypos

sr. member

Activity: 532

Merit: 250

It's definitely a scam.

This reminds me of another site that is incredibly similar to this one, i'm pretty sure ilivion got their inspiration from them. Can't remember the site name, though. But same layout, same coins, same payout structure.

They are guaranteeing you payouts so this is nothing related to mining. If they can guarantee such high payouts then it's a ponzi scheme.

Bobsrepair

member

Activity: 179

Merit: 49

Solving review fraud in the skilled trade industry

Quote from: Rahar02 on September 09, 2017, 06:14:36 PM

Cloud mining isn't a good idea to generate bitcoin, if you want to; just build your mining rig, spend $2000 for the start even though just a simple hardware to mining. There are several problems with cloud mining, because it seems an easy way to deceive people to invest in their scam sites, it takes a long time to get ROI as well which is you can do better if the funds invested in bitcoin and altcoins.
The most famous cloud mining is genesis mining, there are many people have given their reviews about the profit if invest in genesis and even some YouTube videos inside genesis cloud mining in Iceland. But, it takes thousands dollars to invest in order to get decent hash power and get ROI faster, but still isn't worth for me compare with another source of bitcoin.

I couldnt agree more with you. So many scams out there.. I think it would be better to take that cash and put into Bitcoin oppose to cloud mining.

Rahar02

hero member

Activity: 910

Merit: 523

Cloud mining isn't a good idea to generate bitcoin, if you want to; just build your mining rig, spend $2000 for the start even though just a simple hardware to mining. There are several problems with cloud mining, because it seems an easy way to deceive people to invest in their scam sites, it takes a long time to get ROI as well which is you can do better if the funds invested in bitcoin and altcoins.
The most famous cloud mining is genesis mining, there are many people have given their reviews about the profit if invest in genesis and even some YouTube videos inside genesis cloud mining in Iceland. But, it takes thousands dollars to invest in order to get decent hash power and get ROI faster, but still isn't worth for me compare with another source of bitcoin.

Mike Mayor

hero member

Activity: 966

Merit: 535

Cloud mining is something legit where you would rent out hash power they sell to you. You ask why the would sell their hash power ? Easy answer, it's so they can buy more and expand. Better to make a smaller percentage of something big then large percentage on something small. The problem happens when these websites don't actually own any miners at all and si oke use a Ponzi scheme to pay you out. It's all fake there no miners. Ever wonder why there is always a lack of pics of the miners ? Well that is because they don't exist. Rather use miningrental.com for your mining rentals needs.

FiiNALiZE

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Quote from: tekno on September 09, 2017, 04:03:54 PM

2 things make difference.
referral bonus and payment bonus.
if any cloud site give you bonuses and wants to invite people around you or give bonuses on buying hash xxx more hash with cheaper than %xx its probably scam.

In reality, there is not that many websites that lasted a while (Years or multiple years staying online). Most people that are posting in this forum know that Cloud Mining websites make people think that they will make money in just a short amount of time though there is no real guarantee that they will make their initial deposit back within a year.
It’s best that you don’t even take the chance to apply to those websites because the more that people join in on those things the more those websites will grow and hinder the investor’s gains in the market.

tekno

sr. member

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CryptoTalk.Org - Get Paid for every Post!

2 things make difference.
referral bonus and payment bonus.
if any cloud site give you bonuses and wants to invite people around you or give bonuses on buying hash xxx more hash with cheaper than %xx its probably scam.

Skyborn

member

Activity: 98

Merit: 10

There's a lot of controversy around cloud mining sites. Personally I don't feel like it's wise for me to invest so I'm most definitely staying away. Of course you're free to do what you want but I advise you to be extremely careful!

Ultegra134

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Stay away from it, the language seems Russian, although it does have other translations. Plenty of grammatical and typographical errors in their "About Us" page (English Translation). It does have an SSL Protocol, although Scam Adviser deems this site as suspicious, and indeed it is.

The domain's age is only 32 days old, it was just created, the email they've used is a FREE Gmail and it's seems to be based in Ukraine.

I don't need to say more I guess, most, if not all with only a few exceptions to the rule, so-called mining websites are scam.

skyline247

hero member

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Quote from: ilRena on September 09, 2017, 02:59:56 PM

Hi, I recendly found this website and i'm interested to know if it withdraws or not. This site is called Ilivion and I didn't get information about it, only on youtube but nobody is saying that this is a scam.
Same thing for Scheriton.

Someone is using this websites? Does it pay?

I found some videos on YT that are showing withdrawal proofs.

Thanks for not putting a link to the site, because I can guarantee you it is a big scam. These sites only want to reach a certain amount or quota of deposits, then they shut down and take all Bitcoin from everyone for themselves. It really is sad how many people scam for Bitcoins these days... this money will not benefit them, only hurt them.

ilRena

newbie

Activity: 14

Merit: 0

Hi, I recendly found this website and i'm interested to know if it withdraws or not. This site is called Ilivion and I didn't get information about it, only on youtube but nobody is saying that this is a scam.
Same thing for Scheriton.

Someone is using this websites? Does it pay?

I found some videos on YT that are showing withdrawal proofs.

Topic: Is this Cloud Mining site a scam? - page 2. (Read 1392 times)