I dont think it is more than a ponzi or any pyramid scheme...
and are they even showing any real proof of something that can generate coins ?
or any contract with MINING HARDWARE MANUFACTURERS.?
Ore-Mine.org site is paying so far and no problem.
The only objection I have on this site is the withdrawal fee which is 0.0005 BTC.
My account is upgraded to Level 2 only but earns neatly because of referrals.
Dear Mr. Butthead!
As a one year ago, a lot of people said that ore-mine.com (now ore-mine.org) is a scam and will be closed soon.
The most funniest thing that these people sent and lost their money with hashprofit.com, scrypt.cc and with other big "Mining companies".
I can explain you a difference: pure mining is a bullshit and you will lose your money again and again when your will invest in "mining" companies, which are actually a ponzi.
If you would invest in Ore-Mine, you already had a good profit.
All stat posted on a site is real. Currently we have paid about 780 BTC and have more than 111 000 users.
The difference is in a business model: you will never get a big ROI with a mining hardware rent, I know it EXACTLY. All our REAL rent contracts are currently unprofitable and we do not create new (BTC should cost 520$ and more for a positive income balance).
Ore-mine is making income from trading bot, land game, ads and hardware mining. I want to pay your attention that hardware mining rent ROI is about 2.9 years, that's why it's only a little part of our income structure. While ore-mine has been started, I thought that mining will works good, but a reality make us to change a direction.
I do not want to discuss that we are not a scam. I hope that some of clever users can call our company a scam, but usually only idiots say that we are a scam, while they are losing money in real scam sites.
As I said before, I will turn off the possibility to buy a new mines when it will be hard to provide an income for users. But it's also possible that our old mines (which will became older than 2 years) will be closed, and we will not have too much payment obligations.
Anyway, now it's profitable to us to have more BTC from users because our BOT have a good results and it allows us to make a monthly interest.
Last couple of weeks BOT made some loss, but finally it has a positive trend and extra profit with such a big price changes on a market.
All extra profit is divided in two parts - one part is a reserve for a bad market situation to pay for users anyway, one part is my personal extra income
And all BTC on users balances are in the basic part of funds, which are untouchable by anybody, except BOT and owners of these funds (which can make a withdrawals anytime).
And as for fee - it's too many very smart users which are trying to use TOR or botnet and to create a lot of accounts to pay for their addresses without any real investments.
We cannot pay for nothing and that's why the fee is 0.0005 BTC. As for all other users, who are making money free and have only one account - they are welcome!
The hint is that everyday ore mine picking makes this users to view our sponsors ads, which are really expensive. Most of cheap ads are declined.
I hope I made it a little bit more clean to you. Sorry if it's not too easy to understand me, I am not a journalist. Thanks for your attention!
wow Sector, you picked on me while all I object is the withdrawal fee, for someone who upgraded only to Level 2 you know how long it will take for me to reach a level where withdrawal fee is bigger than the amount being sent to my wallet. I didn't say your site is a scam or not paying. why pick on me?
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