Topic: [UNRESPONSIVE POOL OPERATOR] 50BTC.com - page 27. (Read 257845 times)

Maybe you wouldn't want to lose even more?

supporting in them in the sense that the will do good. im miming to show faith that they will payback something and to reestablish the trust in the community. Call me dumb, but hey im just a nice guy that way. im getting current payouts now at the lowest threshold. if i don't get a payout in the future, then im gone, everyone deserves a second chance.

if coming back and mining at their pool increases my chances of getting my 7 bitcoins im asking (not the 26 that showed on my account), why wouldn't I?

Yea, no way did I mine 40 Btc worth... I'm  just going to get the 0.05 or so I'm owed.

To know exactly what people had on their account is a task that can be done. Some like myself may have a snapshot of the date before the "database" issue.

However for those that kept mining after the fact may be a little bit more difficult but not impossible.

For those coming here and publicly claiming that the corrupted total btc balance is correct and their claim proves false then those people are at risk of being prosecuted for fraud.

Remember that the account shares and stats were not compromised, only the account balance.

Knowing what each account balance is possible.

Unless they implement PPLNS or some other payout strategy, with you mining at 50BTC you are asking them to support YOU. I'm sure you have the best intentions in trying to help, but PPS is unsustainable at low pool hash rates, especially if the pool never solves any blocks. The pool would have to get back to the several Petahash range to be viable at this point as you need lots of miners to solve blocks at >1 Billion Diff. This is the catch 22 for any new pool starting, which they essential are with their so called phoenix project. Maybe if the pool has super deep pockets and wants to attract miners by giving away BTC for a long period of time with PPS. It's really a trust issue, they have not made good on what is owed to the miners before the "security issue". They've burned so many so why would miners come back? The more people that mine here before they make good on payouts are just rewarding bad behavior.

you guys are back ! yay !
I should of had 36cents, not a huge amount, but hey, I wouldn't mind seeing them, left over from may 2013

Do my calculations and check out my old account information. I am entitled to way more than 7 bitcoins which is all I'm asking. I am providing 40-50gh at the moment on your pool just to support you.

[email protected]
[email protected]

So you have the old database info.... Where are my stats and my 91 fucking bitcoin?!?!

I can only say, what was standing in my account and i quoted my full post to them.

It can be / is right what they calculated, but if, then the website earlier showed wrong funds.

Mind -> blown.  Are you digging your own grave here or I'm too dumb to understand this?

Hello,

According to information that we have: Your account registration date is 02.16.2013

According to data that you have provided:

On the old system you had 3 workers:

Worker 1: 2 x AMD ATI Radeon 7950 GhZ Edition
Worker 2: 2 x AMD ATI Radeon 7970 GHZ Boost Edition
Worker 3: 6 x FPGA Miner with X6500 Rev 3

Worker 1 estimated speed = 1 Gh/s
Worker 2 estimated speed = 1.2 Gh/s
Worker 3 estimated speed = ~2.3 Gh/s

Sum = 4.5 Gh/s

Estimated speed is calculated based on https://en.bitcoin.it/wiki/Mining_hardware_comparison and http://store.fpgamining.com/products/x6500-rev3

Reward was calculated with http://www.alloscomp.com/bitcoin/calculator reward calculator.

Mining dates     Difficulty      Reward
02/16 - 02/18     3275465      1.4 BTC
02/18 - 03/01      3651012      7.5 BTC
03/01 - 03/14     4367876      7.2 BTC
03/14 - 03/24     4847647      5.3 BTC
03/24 - 04/05     6695826      3.7 BTC
04/05 - 04/17     7673000      3.4 BTC
04/17 - 04/30     8974296      3.1 BTC
04/30 - 05/12     10076293   2.8 BTC
05/12 - 05/25     11187257   2.6 BTC
05/25 - 06/05     12153412   2.1 BTC
06/05 - 06/16     15605633   1.6 BTC
06/16 - 06/29     19339258   1.5 BTC
06/29 - 07/11     21335329   1.25 BTC
07/11 - 07/22     26162876   1 BTC
07/22 - 08/03     31256961   0.86 BTC
08/03 - 08/13     37392766   0.67 BTC
08/13 - 08/24     50810339   0.48 BTC
08/24 - 09/04     65750060   0.34 BTC
09/04 - 09/14     86933018   0.26 BTC
09/14 - 09/25     112628549   0.22 BTC
09/25 - 10/06     148819200   0.16 BTC
10/06 - 10/16     189281249   0.12 BTC

Sum = 47.56 BTC

Thus, obviously based on this data your balance can’t be 71 BTC, as you mentioned, even if you never withdraw your funds and all your workers were mining 24x7 without any downtime.

Currently we’re trying really hard to recover from the attack and develop a new stable and secure system. And instead of this we’re wasting our time on this blackmail.

Regards, 50BTC.com team

tl;dr: set your auto-payout low enough

Respectfully, this sort of anonymity is kind of the "point" of Bitcoin and I doubt anyone at all is going to get any traction by talking about 'going to the police', nor will it be taken seriously even if you could find people.

Secondarily, the chances of some of these run-offs being involved in organized crime and money laundering is "significantly high".

These coins are gone, gone, gone; and ANY pool operator can and will get away with this sort of thing if they try. And chances are, people will come right back to mining after it happens. This is likely WHY some pools charge 0% fees. They aren't doing it for charity. This was likely 50btc's "endgame" from day 1: Build trust, and then run right when the price was high. Rebooting the site carries zero risk for them and 100% chance of additional coins under their purview.

I've lost a good number of BTC to several pools (early on, 2011 or such) closing down overnight. Unfortunately this is a risk calculation that everyone has to make. There is ZERO assurance that ANY pool (even Slush's - though I doubt it, since the 'slow way' to get BTCRich is to run a pool with a modest fee and take your time) - won't take your coins and run.

Yeah I have this 2% hope that 50btc will do something for its previous miners that it lost took the coins from.  But I have no realistic hope of that ever happening. And as is usual, many people will go right back to mining there again, and be shocked, shocked I tell you - when they do this again.

It'd be great to see a community developed accountability method for pools, but I don't know what that would be.

Huh did anyone understand that?

Needs to hire people to search for pool owners, after not explain in a tolerant form of these owners do that so bad, without recourse to the police.

My latest payment has not been credited into account! There are about 147 BTC!
Revision of these sites, but after you are gone. Why? Please explain to me! ! ! ! ! !
I have sent a private message to you！！

I had 2 Avalons mining on there since the day Yifu finally delivered. 176BTC was mined total... I lost 91.

I think even when it is 0,001 BTC which they are holding.
They hold it and people have mined it and want their money. After a very long time of abstinence they are not ready for communication with "their customers".
And that is really not okay.

After they registered that some people will involve the Governments they reactet. Sorry i can't believe in a hacker anymore. It looks like a big scam/fraud operation from the owners.

A lot of you might want to think carefully about whether those really are double-digit numbers of bitcoins the site claims you had.

As others have pointed out, the database on their site is corrupted, and some say 10000x figures are being shown.

Unless you were mining in late 2010 or early 2011 in a quite serious manner, or mining more recently with extremely huge mining rig arrays, then I don't see how you'd even have 10 BTC. And if you were leaving so much BTC on a pool well that is just bad practice. IIRC this pool encourage / had enabled by default autopayouts. So you are kind of to blame if you were using it like a bank and actually did have whole integer values of coins on the site...