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Topic: MinerDeal.com Price Alert - Best Deals by GAW, ZoomHash, Minersource, others! (Read 9879 times)

hero member
Activity: 605
Merit: 500
I give Genesis Mining and scrypt.cc 6 months tops before they turn out to be ponzis. Anyone wanna place bets? Cheesy

What makes you think Genesis Mining falls into this category? 
hero member
Activity: 605
Merit: 500
Latest Update:

Bitcoin Cloud Services (BCS) ended up being a long running Ponzi, and it looks like Cloudminr.io is following the same path... At this point only Genesis Mining appears to be a legitimate 3rd party cloud mining operation backed up by actual mining hardware.

Scrypt.cc is still running but I fear its days are numbered as well - this operation seems to be more clever than the rest and has been able to stay in business by manipulating market KHS prices and mining rewards, as well as introducing occasional downtime every other month. If you understand the risk and able to get ahead of artificial emergencies Script.cc can be very profitable but it's an increasingly dangerous place to send your bitcoins to.   
hero member
Activity: 605
Merit: 500
Removed Gaw Miners - if anybody still hashing with GAW let me know, it looks like a dead site.

Put up Scrypt CC instead... Testing it as we speak. It looks like ROI is around 2 month at current K hash market prices.


 
Numbers are "too good to be true" for my taste but Scrypt CC users claim it's been going on for over a year so use your own best judgement. 
 
hero member
Activity: 605
Merit: 500
Looks like I owe everybody an apology - I've listed Hashie as a trustworthy cloud mining service and it seems like these guys got hacked or split with the customer funds (still unknown).

It also looks like Generation 2 miners dodged the bullet as AMHash will be covering losses associated with Hashie accounts here:  http://amhash.com/35.htm

Please, stay away from Hashie right now and stay tuned as new information coming in.

Again, please accept my apology - it seems I'm not a right man for the job... If anybody competent wants to take over MinerDeal.com and AsicDeal.com I will list them for sale at the marketplace section.

Sincerely,

Vadim
sr. member
Activity: 334
Merit: 250
I WILL REPLY TO YOUR EXCUSES IN THE SCAM AREA WHERE THIS BELONGS


These are not excuses. It is math.

Show me where our math is wrong.
sr. member
Activity: 334
Merit: 250
i will not try to keep this private as you will probably try to simply cover it up ....... let keep this public and open to public oppnion and understand  how the perfect ledgers were made?

no hiding   as i already showed her account to many people and they can verify what was on it! so now please do the same in means of verify how there can be no differance without manipulation of the ledger for 3 days of 0 balance?


with my next reply i will be putting the address online and let them get the info your choice.....
 either you or me?



 and just for information purposes  i personally have a innosilicon A2 parked on clever mining with a total of 85 mh so this is where i am using my judgment call on impossible to balance a 0 for 3 days straight


Innosilicon A2 takes 1000w

85MH*0.00017 payout from Clevermining today= 0.01445BTC daily

Average electricity cost in Philippines is 0.4USD per KWH.

Daily electricity fee for you is $9.60USD

You are paying $9.60USD in electricity daily for ~$4.5 worth of BTC mined daily.

Why are you mining?!
sr. member
Activity: 334
Merit: 250
i will not try to keep this private as you will probably try to simply cover it up ....... let keep this public and open to public oppnion and understand  how the perfect ledgers were made?

no hiding   as i already showed her account to many people and they can verify what was on it! so now please do the same in means of verify how there can be no differance without manipulation of the ledger for 3 days of 0 balance?


with my next reply i will be putting the address online and let them get the info your choice.....
 either you or me?



So you are claiming that we are manipulating the ledgers?

The reason why we use www.clevermining.com/profits as the pool is so that we can not manipulate the "ledgers" the historical payouts are right here www.clevermining.com/profits


Lets go through the calculation. Lets take yesterday for example.

According to www.clevermining.com/profits the payout for yesterday was 0.00016 per MHS.

You allegedly have 83MHs

83MHS*0.00016= 0.01328BTC Payout

The maintenence fees that were agreed upon at the time of the virtual miner purchase was 0.08USD. But on our dime, we dedicided to drop it down to 0.06USD per MHS


So

0.06USD*83= $4.98 daily maintenance fee (I know it is high but at the time these were being sold they were the best price on the market. Hindsight is always 20/20).

Your net payout formula

Payout-Maintenance fee=Net Payout


0.01328BTC-$4.98USD (Converted at 430PST Coinbase price) = -BTC

But we will not allow the balance go negative so we cancel the payout on our dime.

Of course, you can accuse us of manipulating clevermining.com....

Anyways, if you want to publicly state your email. Please do. We have no intention to keep anything private.


EDIT:

So the formula is

Payout - Maintenance fee = Net Payout




Payout= 0.01328BTC

Maintenance fee = 0.06*83= $4.98
$4.98 gets converted to bitcoin at 430PM PST time from Coinbase price. Which was around ~312

Therefore, $4.98= 0.01596BTC


0.01328BTC-0.01596BTC= -0.00268BTC




sr. member
Activity: 334
Merit: 250
Latest update:

ZoomHash and MinerSource have SP20 JACKSON 1.7 TH/s ASIC miners in stock at $850. After 6% ZoomHash discount it boils down to shipping charges and tax.

No matter how hard I try to play around with difficulty prediction numbers I find that the most challenging number is electricity cost. None of these miner prices are low enough if you pay over 10 cents per Kilowatt unless network difficulty will be gradually coming down in the months ahead. Even then you are looking at over 6 month to get ROI.

At this moment trustworthy cloud mining service with low to 0 maintenance fees is probably much wiser choice. Hashie and BCS to name a few you may want to look at.



anyone that would like to review her account please use teamviewer

Can confirm the account is as posted in the OP - maintenance fees = earnings.





PEOPLE PLEASE BE AWARE AND INVESTIGATE THE ZOOMHASH COMPANY AS THEY ARE A FRAUD PLEASE FOLLOW THE LINKS AND SEE WHO YOU ARE DEALING WITH BEFORE YOU SEND YOUR MONEY TO THEIR LOST  FUNDS ASSOCIATION

PLEASE BEWARE

Well, I am back after not posting for a while.

Anyways our cloud service is real and not a ponzi. We can not increase payouts just because we wanted to.

Especially when LTC is at sub $3 and BTC is at ~$315.

We even dropped the price of maintenance fee. The payouts are correct according to the www.clevermining.com. The maintenance fees are paid in BTC at a rate locked in Fiat as agreed upon when you bought the virtual miner.

When BTC drops the maintenance fee eats up a bigger portion of your payout. The maintenance fees are actually more than the payouts right now with the crappy markets so instead of the balance going negative we just cancel out the payout. We never promised anything in regards to how much coin you would earn. No one can and you can not expect us to.

The only thing we promised was:

1. Speed of the virtual miner
2. Term of the virtual miner
3. Uptime of the virtual miner
4. Maintenance Fees




This is like buying Bitcoin from coinbase at $1000 last year and then calling coinbase a scammer because bitcoin is at ~$315 right now.


so for 3 days in a row  83 megahash makes exactly  "0" nothing positive nor negative? and your saying that this is not a fraud?  i call "BS"
your manipulating the ledgers and making then represent what you want and not reality.
be honest and prove that in 3 days straight  the exact amount made was to pay for only the maintenance fee and not 1 satoshi more or less?
remember that there are public ledgers and please offer the addresses or i will from the previous processes she has made.


1. Lets keep this to one thread so we do not need to copy and paste it 11+ other threads.

2. PM me your email address so I can take a look at your account.

3. As agreed upon when you bough the virtual miner. The hashes are parked at www.clevermining.com.

4. http://clevermining.com/profits shows that for the last three days 1MHS= 0.00016 to 0.00017BTC generated.

5. We dropped the maintenance fee from 0.08USD that you agreed upon to 0.06USD per MHS on our dime. Any lower we will not be able to pay for hosting.

6. 0.06USD is greater than 0.00016BTC therefore, your maintenance fees takes up all your payout. Obviously this will not be the case if BTC was at a higher price or if Clevermining was generating more btc.


Hopefully the markets will turn and this will be positive again. Like we said we delivered on everything we promised.

sr. member
Activity: 334
Merit: 250
Latest update:

ZoomHash and MinerSource have SP20 JACKSON 1.7 TH/s ASIC miners in stock at $850. After 6% ZoomHash discount it boils down to shipping charges and tax.

No matter how hard I try to play around with difficulty prediction numbers I find that the most challenging number is electricity cost. None of these miner prices are low enough if you pay over 10 cents per Kilowatt unless network difficulty will be gradually coming down in the months ahead. Even then you are looking at over 6 month to get ROI.

At this moment trustworthy cloud mining service with low to 0 maintenance fees is probably much wiser choice. Hashie and BCS to name a few you may want to look at.



anyone that would like to review her account please use teamviewer

Can confirm the account is as posted in the OP - maintenance fees = earnings.





PEOPLE PLEASE BE AWARE AND INVESTIGATE THE ZOOMHASH COMPANY AS THEY ARE A FRAUD PLEASE FOLLOW THE LINKS AND SEE WHO YOU ARE DEALING WITH BEFORE YOU SEND YOUR MONEY TO THEIR LOST  FUNDS ASSOCIATION

PLEASE BEWARE

As I copied and pasted to his 10+ other threads that he spammed on the forums:

Well, I am back after not posting for a while.

Anyways our cloud service is real and not a ponzi. We can not increase payouts just because we wanted to.

We stopped selling virtual miners about 2 months ago.

At the time when we sold these miners 4~6 months ago, they were the best deal on the market.

Unfortunately, these miners decrease in value when LTC is at sub $3 and BTC is at ~$315....

We even dropped the price of maintenance fee. The payouts are correct according to the www.clevermining.com. The maintenance fees are paid in BTC at a rate locked in Fiat as agreed upon when you bought the virtual miner.

When BTC drops the maintenance fee eats up a bigger portion of your payout. The maintenance fees are actually more than the payouts right now with the crappy markets so instead of the balance going negative we just cancel out the payout. We never promised anything in regards to how much coin you would earn. No one can and you can not expect us to.

The only thing we promised was:

1. Speed of the virtual miner
2. Term of the virtual miner
3. Uptime of the virtual miner
4. Maintenance Fees




This is like buying Bitcoin from coinbase at $1000 last year and then calling coinbase a scammer because bitcoin is at ~$315 right now.

or


We delivered everything that we promised to do.

EDIT: Clarification points.
hero member
Activity: 605
Merit: 500
Latest update:

ZoomHash and MinerSource have SP20 JACKSON 1.7 TH/s ASIC miners in stock at $850. After 6% ZoomHash discount it boils down to shipping charges and tax.

No matter how hard I try to play around with difficulty prediction numbers I find that the most challenging number is electricity cost. None of these miner prices are low enough if you pay over 10 cents per Kilowatt unless network difficulty will be gradually coming down in the months ahead. Even then you are looking at over 6 month to get ROI.

At this moment trustworthy cloud mining service with low to 0 maintenance fees is probably much wiser choice. Hashie and BCS to name a few you may want to look at.
hero member
Activity: 605
Merit: 500
Latest Update:

1. Minersource dropped another $50 off Spondoolies-Tech SP10 Dawson 1.4 TH/s Bitcoin Miner. Now at $699.99 

2. MinerEU further discounted entry level Rockminer 100 GH/s unit, now at $110

3. ZoomHash 2.5 TH/s Rockminer set is still in stock, and at  ~ $0.4/GH this deal is still hard to beat.

Unfortunately, despite competitive pricing and abundance of available mining venues it's getting harder and harder for SOHO miners to find a deal which will actually bring them full return on their investment, and possibly makes a profit. Short of struggling BTC price, biggest obstacle is efficiency - we are reaching the point where half of a watt per Gigahash is not cutting it anymore. Power costs / cloud mining fees are really starting to eat up revenue.
 
I did little raw calculations (my apology if there are errors - please double check below numbers) using various hardware and cloud mining options assuming diff. increase 20% / Month with BTC staying under $400, and electric rate of $0.1 per KWatt.

COINTERRA IV - 1.6 TH/s (if you can grab one on eBay at this price)

Price  |  Power  |  $/GH  |  W/GH  | Est. 1 month income - power cost

 $400    2000W    $0.25    1.25W        $244 - $144 = $100

Month 1 = $100
Month 2 = $50
Month 3 = $10
Month 4 = -$20 (power cost is really hitting this older Gen miner)

Total: $160

Dawson SP10 - 1.4 TH/s

Price  |  Power  |  $/GH  |  W/GH  | Est. 1 month income - power cost

 $700    1250W    $0.5     0.89W        $210 - $90 = $120

Month 1 = $120
Month 2 = $78
Month 3 = $45
Month 4 = $18
Month 5 = $0

Total: $261

2 x ROCKMINER ~ 200 GH/s (if you can grab a pair on eBay at this price)

Price  |  Power  |  $/GH  |  W/GH  | Est. 1 month income - power cost

$100     200W     $0.5       1W        $28 - $14 = $14

Month 1 = $14
Month 2 = $11
Month 3 = $9
Month 4 = $7
Month 5 = $5.50
Month 6 = $4.50

Total: $51

2 x ANTMINER S3  ~ 1 TH/s

  Price  |  Power  |  $/GH  |  W/GH  | Est. 1 month income - power cost

$400       800W     $0.4       0.8W        $130 - $60 = $70 

Month 1 = $70
Month 2 = $55
Month 3 = $44
Month 4 = $35
Month 5 = $28
Month 6 = $22

Total: $254 (not likely)

Bitcoin Cloud Services ~ 1 TH/s  $459  5-Year Contract no fees.

Month 1 = $130
Month 2 = $100
Month 3 = $80
Month 4 = $65
Month 5 = $42
Month 6 = $33

Total: $450 (a Winner so far)

Bitcoin Cloud Services ~ 5 TH/s  $2700  5-Year Contract no fees.

Month 1 = $837
Month 2 = $669
Month 3 = $535
Month 4 = $428
Month 5 = $342
Month 6 = $274

Total: $3085 (definitely a ROI with the higher hashrate)


Petamine ~ 1 TH/s  $105 @Havelock Investment / fee $105 / TH / Month

Month 1 = $30
Month 2 = $0

(maintenance fees killing it despite lowest $/GH)

Hashie.co ~ 1 TH/s  $475 Lifetime Contract / fee $60 / TH / Month

Month 1 = $70
Month 2 = $55
Month 3 = $44
Month 4 = $35
Month 5 = $28
Month 6 = $22
Month 7 = $18
Month 8 = $15
Month 9 = $12
Month 10 = $10
Month 11 = $8
Month 12 = $6

Total: $323 (if you can get a discount or get a good $/GH deal at Hashie marketplace this may just work)

As you can see (providing I haven't screwed up the numbers badly) there are just very few options where miners can see possible return on their investment in 6 month or even a year.

hero member
Activity: 605
Merit: 500
Latest Update:


1. $749.99 Spondoolies-Tech SP10 Dawson 1.4 TH/s Bitcoin Miner back in stock @ Minersource

2. As BTC price starting to recover (hopefully) you may want to look at Hashie cloud mining service starting at $0.45 *starting price a bit misleading since you need to order a lot of hashing power to get this price. $0.47 GH/s on average with $0.002 / GH / day maintenance fee.

Added 11/11/14: To be completely fair to Hashie they have opened Miner's market where prices can be more favorable. 

 

3. Signed myself for Bitcoin Cloud Services (BCS) 1TH/s 5-year mining contract to test the service. So far no complains - first payment received.

V
hero member
Activity: 605
Merit: 500
Latest Update:

If you are considering signing up with BCS try discount codes 5DEAL24HRS to get 5% OFF your order. For larger than 1TH/s orders try discount code 10PERCENTOFF to get 10% OFF. *These discounts are limited so I can not say exactly how long they will last and what is the minimum order amount they apply to.
hero member
Activity: 605
Merit: 500
Latest update:

Added new player to the list - Bitcoin Cloud Services. They offer 5-year contracts at 0.00135 BTC and NO maintenance fees (as I understand it).
If this is not a scam it's pretty respectable offer at around $0.45/GH with no fees. They are well reviewed and sound ethical but I would still advice caution before we hear more from actual users of this mining service.

Vadim
hero member
Activity: 605
Merit: 500
Latest Update:

Added a few cloud mining services with "at least it's not a scam" reputation to the list. Also, some links on the site will use referral codes (do not judge me harshly) so if you want to bypass ref. go directly to VAR / OEM site to make a purchase.

Also, cried like a baby and received MINER6 discount code from ZoomHash you guys can use to make a good deal even better. *Haven't tested it though.

Thanks!
hero member
Activity: 605
Merit: 500
Latest Update:

Nothing exciting to report here except Minersource knocked another $50 off 1.4TH SP-10 miner, and ZoomHash continues to maintain their price lead in the group @ ~ $0.4/GH

Will be adding a few cloud based mining services to the list - will start from well established CEX.IO, GawMiners, may be Hashie (relatively new service but so far good vibe and pricing). A bit nervous about this category. Feel free to chime in.

V
hero member
Activity: 605
Merit: 500
Latest Update:

HASHRA moved estimated ship date to December - starting @ $325 per 1TH MOONRAKER Bitcoin Miner (1KW).

NOTE: Being on a receiving end of HASHRA ETA disasters you will need to assume it's a pre-order (literally) and a high risk purchase.   
hero member
Activity: 605
Merit: 500
Latest update:

MinerEU 800GH+ Rockminer T1 @ $349 is still in stock *controller included

Minersource has some high quality miners on sale (by Spondoolies tech.) but $/GH should probably come down a bit more to become a great deal.
hero member
Activity: 605
Merit: 500
Another $20 off - Minersource 610GH/s BTC Garden - $279.00

 

That is a great deal.. I hope we can get one.

If you like Minersource deal but live in Europe you may want to consider MINEREU 1 TH/s unit at $300

P.S. I will create dedicated bitcointalk account for MinerDeal.com to make things cleaner. Please, do not get suspicious of a newly created account.
member
Activity: 114
Merit: 10
Another $20 off - Minersource 610GH/s BTC Garden - $279.00

 

That is a great deal.. I hope we can get one.
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