Bitcoin Forum

Hi,

I open this thread to talk about HashOcean.com - Cloud Mining.

When you register there you get 15 KHs for free. If you don't buy minimum contract - what is 20KHs (now around 0.019 BTC) after few days this free KHs will stop mining for you. But when you buy at least minimum contract this 15 KHs will be yours forever.

I use this service from around 6 months and i already reach ROI.

I know that now a lot of cloud mining services turn in scam, but... What do you think?

How Do I spend Dem stupid clouds doh?  ??? ??? Cunt figger out haw ta spend dem dumb clouds fer sherski.  ??? Hmm. Wenns U mine Da cloud, duz it cumm out ass water? Den yewz spens da water? Er Waah?  Hmm? ??? ???

Definitely you need to work on your spelling..  ;D

Whaaaat?! :o

Wut? U No Like my speeling?

Sorry, just trying to portray the typical idiot who does not understand these scams and "invests".

That was a year ago nearly, I wonder how many they have now ah, now I see it, 253,862 sharing 33.6 Gh/s, some of them 'investing' since 2012.
Quarter of a million people can't be wrong, surely.......... :D

To answer your question, my view is there is nothing to show that any return you have received has its origin in mining.

I registered now for few weeks and have not done the paid upgrade. Possible I'll give it a try with small amount before free period end.

Can anyone tell how they doing? I only made small investment but they been paying so far correctly.

I received 0.00330261 BTC with the free 15gh/s and now it stopped working because I have to upgrade first. Not upgraded so far.

SCAM ALERT!!!! 10000000% scam. Read their data people, dont be stupid and greedy.

can u point it out what u mean exactly ?

I can't find a mining farm picture, or what they hardware mining to use for mine. I feel it scam in the end.

The site is working fine for me since half a year ago i found it. There's another thread over here, if you are interested: https://bitcointalk.org/index.php?topic=979634.0

There i've posted some tx id's of my payments. I currently have 75khs there and i'm heading towards my last withdrawal to roi on january 9th.

i have invested few bucks and hoping for return in few months

I can not play video's of mining farm. Any one can help me?

What do I exactly mean????? R u serious, blind or what? They say they have 272k users on their website. Two biggest legit cloud mining services COMBINED, Hashnest and Genesis Mining, do not have that many users. Also, ROI with these LEGIT and verifiable services is at least 4x what Hashocean offers and Hashnest MAKES their own Asic miners. Finally, if u would be able to deliver 3 months ROI, WTF u need anyone else to sell this service to, just make millions without external investments.

Whoever invests in this junk is a very naive person and will lose their money. However, as seen many times before, greed conquers all and I m sure I ll be seeing posts about Hashocean not paying, what s going on, very soon.

I'd say that it's a ponzi... Definitely a ponzi.

Since i have been a victim of bitcoincloudservice and pbmining and some others cloud mining service,  for nowadays i really dont belive in cloudmining again.. And rather to do staking on POS coins or go for trading

All that other thread is about is people repeating the same crap about that dust giveaway.
Also, it's interesting to see you go from skeptic to active referral promoter just because they sent you a couple of bucks.

I know very little about video card mining script, nor do I want to. I do know a little about establishing legitimacy of companies/business opportunities though....

HashOcean.com domain was registered less than a year ago, but their "news" items stretch back to 2012.
How is that?
They say in their news 26th Jan 2015

Anyone here know what the previous domain was called?
Anyone here used previous version of the site?
No, I didn't think so....

Their stats are mind boggling, the premise being that they have millions of videocards installed at their globally spread 'data centers' and huge numbers of dust customers.
Does anyone have any proof of any of this, apart from their word?

It's all very well taking someone's word for something, but when you find out that they deliberately lie about other stuff, it doesn't do your confidence in what they say much good.
It's the little things....one of my infallible (so far) sniff tests for scams is customer testimonials.
If they are fake, then so is the company. I mean, why fake a customer when you have over quarter of a million real ones, right?

"Satisfied customer" from HashOcean site

http://bitcoincasinotop.ru/wp-content/uploads/2015/05/comment1.jpg

"Satisfied customer's" clone runs something called if(we)

https://i.imgur.com/b2t0xj5.png


TBH, it stinks like Hashprofit did.

This,POS is much better and much safer option. I like DMD Diamond, Clam and Flycoin.

It's hard to a say but I think I have made back my 11,16$ investment.

What do you mean "you think"??? You ve made it back or havent??? Even if people ROI with this junk, this ROI comes from money stolen from other people. So, all in all, classic PONZI service. Stay away and let me go down.

is this profitable investing in this cloud mining company ..??

It is profitable if they don't scam you like many others did. It's a very short roi for cloud mining. You might want to give it a try. If you take the free 15kh/s and then buy 20kh/s your roi is about three months. Then you can invest more if you are satisified.

Great to heard it ..is there any proof of they make payment to there user ?? ..because i can't find it

My last 3 payouts:
https://blockchain.info/tx/931f025957938c55919fd865e61d8cb2513e4dd43fc68c76f9fd9b912c562205
https://blockchain.info/tx/d9ce97c0e4c0418933e9a1cba6c9cfb47552ee02bced54d061829e62eb8232d7
https://blockchain.info/tx/64b2dd3284d833d0e747e761dd1d7330d7b37ea0d5639dd3234641d1894ef58d

This is my hashocean address: https://blockchain.info/address/18FhVxiGPaQxfBBhRCqMenNAqzAzAA6kRe

There you can see everything i got from them. It's working fine so far.

Why bother?
Most ponzis give payment proof, it means nothing.


Says the man carrying their advertising.
 ::)

So they running great till now ...how much KH/s you have for this  bitcoin you receiving ...

I currently have 75kh/s including the 15 free kh/s i got in the beginning. I bought my first 20kh/s on first of june and another 40 in october. I'm getting to roi on january 9th.

I hate these services that offer 'free' hash but it can only be withdrawn after you purchase some, it's not really free then is it and will turn out to be one of these scam cloud sites that just want to rip everyone off!

As per mention above ..people are getting bitcoin ..so this can't scam ..sir

That's exactly how scams work. They pay people for a while, then they stop.

Ooo ... ahha ..then there may be no good company in mining ever company can do this ..in this same way scam all ..

can you at least have any clue on which cloud mining giving the best chance of ROI.. I tried hashnest S7, but the price of GHS keep dropping making me loss too much BTC compare to what it mined. I've invested $2000 in hashnest and my money currently below that value.

Thinking moving over to hashocean or is there any other website that trustworthy?

Current i have invested in this 4 mining company all are good now

hashocean
genesis mining
eobot
hashflare

but current hashocean provide better return

If I may know, how much value you invest in all of those 4, just for the sake of comparison. Thanks

In hashflare i buy 0.6 TH/s -  SHA-256  - cost -- $267
In genesis mining  i buy 0.150 TH/s -  SHA-256 -- $70
In eobot  i buy 0.123 TH/s -  SHA-256 -- $100
In hashocen i buy 450KH/s -- $140

thanks.. and all of them still paying you as of today without any problem? I see you trust hashflare and hashocean. I'll consider investing in those site.

anyway if you check on http://www.badbitcoin.org/thebadlist/index.htm both of hashflare and hashocean are on the badlist.. making me confuse

I really cannot belive you people invest into this kind of junk. After so many confirmed scams, you still send your money to scammers. Just compare the level of transparency Genesis Mining and this junk offer. With GM, you know everything, where are their farms, videos, who s behind it, everything. You can see and hear Marco, their CEO speaking everywhere. With hashjunkocean, nothing, just magic coins. Yet, u still send them your money. Fine, let s see how long it s gonna take until people start crying in this same thread about them being scammed.

i bought a few hashes from hashocean on september and i got my payment back. a small amount 0.04btc but no delayed payments.
there s lots of questions on heads about hashocean. but it works.

HashOcean is paying me too since the first of july of 2015. The payments are on time. But i only got 75kh/s there, so not as big as you might do it.

Here's my hashocean address to confirm the payments: 18FhVxiGPaQxfBBhRCqMenNAqzAzAA6kRe

Since you pump that ponzi so much, I think people should come back to you and ask for their money once Hashocean goes down. Actions always have consequences and since I always stand behind a few things I recommend to people, I think other people should do the same.

I don't understand. Why is HashOcean using refferal?

I do not pump or promote it more than i should. I'm telling excactly how my experience was not more or less. I don't think this is pumping something. And as you qouted me already i have some bad thoughts about them too. I don't say something like: "Stuff all your money in you're getting reach really quick." I'm only reporting my experience with them. I am not going to buy any more contracts from them with my personal bitcoin. I get my roi in 4 days, then i'm withdrawing and waiting another month to buy a new contract from the balance, that accumulated there. It's too hot for me to invest further.

Because many people try to get as many rederrals as possible. To do so they are spreading their links everywhere over PTC sites and some even google ad-sense. So it's advertisement for them.

And let's say they are earning 10% off your khs. Why they shouldn't give 5% of some khs away in order to get more customers.

Can you show us some information about the datacentre.
Showing just a map is not convenient at all?

Any proof about the location f.e.

They have a video on their main page showing some rigs. I have no other information. But i doubt it's profitable to mine with gpus in germany. Also the rate per khs is very high. Coinwarz is not showing such a high rate in any crypto currency.

Cmmon people, it s so simple. Ask them for some photos of their farms with actual data these are their fars, e.g. piece of paper with hashocean written on it. I can bet you ll get either some BS story about them not being able to share their data or no answer at all. FFS, how can u be so dumb, they clam to have almost 300k users. If this would be the case, we d see photos, posts, videos, people vising them all over the net.

Yet, we have nothing. DO NOT LET THESE SCAMMERS TAKE YOUR MONEY AWAY. If you want profits, invest into something honest, PoS coins for example, but only those with honest and transparent development teams.

I've oficially reach ROI on them today
Opened my account on May 7 2015, made my first investment on May 11 (200 KHs) and since then was reinvesting or payout currently have 367 KHs

These where my figures, of course couldn't ensure you will have ROI or even couldn't ensure they are not a ponzi, but want to share my positive experience

Invested   -0,25493000   11/05/2015
Payout    0,25713690   
Profit    0,37748985   
Net Result   0,0022069   
      
      
Daily Average   0,001572874   Profit/DFI
Days from invest   240,00   
Total Days to ROI   162,08   Payout/Average
Days Left to ROI   -1,40   Invested-payout/Average

All Payouts evidence are available if you require it.

I do not recommend them until now, so if you want to try with them and feel my information useful please use my referral link https://hashocean.com/signup/?rid=204328
If you don't want to give me any credit, still could register at https://hashocean.com

Good luck and happy hashing.

That is also something I can't understand why it's s hard to show some proof. More people will get involved when they show us what they offer.

this is online business and involving some kind of HYIP, you gotta understand the risk if you want to invest.. don't ask much about it

if you want to invest in a very safe place that you didn't even scare you gonna lose your money.. go to your local bank, open timely deposit.. lol

remember what mr spiderman said... with great power come great responsibility.. let's change it like this with great risk, come great profit..

so like this,
if you want to become rich in short amount of time, go sell drugs.. but the risk of getting caught is high, in return, if you didn't get caught, you get lots of money fast.
if you want to be safe then work in the office, with minimum risk.

hope everybody who doubt about this business don't disturb the one who believing.. because they know what they are losing and they have nothing to lose.

i don't even touch that kind of website anymore.
i was scammed by them, because their mining system is just as ponzi HYIP, instead of real mining, when no more new investors then it is down completely. :( i lost .069 on one of that kind of scam once.

What it is so hard to understand? How to show a proof, when there s no proof?

Why wouldn't a legit company seeking to get more users show some proof? WHY? Name me one single reason?

They re scammers, that s the only reason.

i agree with crazyivan, nothing but another cloud mining PONZI, no proof of mining, no video/photo with farm, no location, nothing.
use your brain people, and better start trading or keep the money in your wallet.

did anyone tried to contact them at


?

You the answer to that question my friend. Why waste time and energy?

No it is not working fine. Hashocean don't send any graphic cards. As they say the delivery takes up to 59 days. Its more than 10 weeks gone after my 700mhs stopped and still no videocard. No answer from support. And yes, they're paying, by now at least.

Sorry? Send what? Why? From where? To whom?

U cant be that naive. It s simply not possible.

I wish i had such sense of scam as you do about a year ago when I started with Bitcoin and Hashocean. You seem to be a millionaire with that prophetic vision. Are you?

I m not a prophet, I just rely on common sense.

Let me explain this to you.


Bitmain, the largest producer of ASIC machines which runs and operates their cloud service and their cloud mining pool (so they have all resources in house) cannot come even close to 1 year ROI if you buy their contracts. These people re legit, 100%, photos, mining addresses and everything. So these people are what you compare you investment to, a landmark.

Then, you have these Hashocean people, came out of nowhere, no photos, no verifiable info, no mining addresses and no EXPLANATION how they manage to deliver 3 months ROI which cannot be replicated in home mining conditions, NOT EVEN CLOSE to that.

If you do try to contact them ask how is this possible, you ll get no useful and verifiable explanation for that.

So, after doing this "expert" analysis, do they seem legit or not to you?

is there any chance to sell my kh/s? and what will be selling price and fee?

No you only can get a refund of your investment. I would prefer bitcoin over the graphics cards way. You have to contact support for that.

What graphic cards? What you re taking about? How are they gonna send you graphic cards WHEN THEY OBVIOUSLY DO NOT MINE at all.

Graphic cards ? 3 months ROI? 300 K users ? 15 KHS Free ?
All these common questions point to only one thing.

Wake up guys, this is SCREAMING HASHPROFIT and we all know what happened to them.
I was scammed by HASHPROFIT since then, I never do cloud mining again(except BIT-X and EOBOT)

I just came across this site: https://bitsrapid.com/
It looks a bit different, but the text is about 95% the same. Even the pricing and the 15 welcome kh/s are the same. Also the datacenters are in the same locations with equal hashrates. But there is no address or phone given.

I don't know what to think about this. Either someone copied their site to scam people or they've prepared a new site to scam the old one soon. This makes me feel a bit nervous.

This are same as hashocen ..as i can see ..as almost same ..

Do you know when hashocen started ???

as i can see it register in 2015 but i can see many people register in 2013 ..so right now i can see its not genuine ..

Hmm... I am doubt if i must invest on HashOcean  ???

It's a ponzi and it'll eventually collapse. Even though it's still online right now doesnt make it legit.

But still its paying us ..not sure if they are ponzi or not

The fact it s still paying is the way how you determine whether something is Ponzi or not? OMG! Some people deserve to lose money.

Without legit prove it's hard to believe. Have experienced in the past enough ponzi drama zo need more prove about the way they work.

yes it will be difficult to find which one is ponzi ..until it gone away  ..

NO, it s not hard. Let me show you why it is not hard. If you ask ponzi questions about their farms, ask them to produce photos, ask them to produce verifiable data about 1 single rig sent to their users, they will not be able to do it. This is how you know they are ponzi. Cause they provide SHIT!

Even if it is paying it doesn't mean its not a ponzi, do you know the exact definition of what a ponzi is ? Here's a brief explanation of ponzi according to wikipedia:

Hope that will enlighten you and don't be fooled with such schemes. Just don't whine if they ran away

I think the people who are taking part in this discussion (and those who write negatively, and those who write positively) know well how Ponzi is working.
This thread is made to bring new users just to protect the investment! ;)

Well, IMO, you just got lucky to get to ROI.
The site has all the signs of a ponzi scheme and sooner or later we will find out about it!
I would be carefull if I were you.

Everyone who invest earlier than ~114 days, already reach ROI.
As i know this website is paying from more than year, so there are people that get more than 300% from their investment.
If someone didn't hear - the longest running Ponzi survived over 20 years:
https://en.wikipedia.org/wiki/Bernard_Madoff

They are the Ponzi scheme on BTC world that is lasting for more time, no?

All other sites that i saw remained for some months only. But nobody knows the days after tomorrow to risk an investiment on it...

Of course, the longer Ponzi works, the more likely they are to fall.
Often, before expected by owner shutdown are coming exclusive offers.
So be afraid when HashOcean will start some promotional campaign - it can be sign.. ;)

They stop paying form today ..as i can see they have not given the btc for today ..so one more big ponzi site in list ..

I have not checked account today, but you're right ..  :(
On my end also nothing occurred .. Let's hope it is just a delay..  ::)

Edit: everything ok! Payment for today came:
https://i.imgur.com/sGQMkqF.jpg
  :D

Not yet here. I'm still on "Profit for 02/07/2016".

Why aren't all payments made together...

Same here, already 4 hours untill now

Maybe they are separated due to the period when we bought mining power or due to time zones..? ::)

We can ask support.

Here's what they reply to me on e-mail.


Profit is accrued once a day.

2016-02-09 9:03 GMT+05:00 <@hotmail.com>:

    Hello,

    I wanted to ask why i didn't got my profit for 02.08.2016
    Last profit was:  02/08/2016 01:11    Profit for 02/07/2016 is under 60 KH/s power 0.00031691 BTC

    Thanks in advance,

    My Name.


--

 
--
Happy Mining!
Team HashOcean

for 9th feb its not added in my account that why ..

So they don't write much..

But my transfer was a larger - from my experience I can say that if something is wrong, they first stop sending greater payouts. It seems that in your case it will be only delay or misunderstanding.

There may be some bug iisue .or may be they are taking of the business ..becasse for 02/09/2016 profit is not added to my account but one of the cleit say ist already added to his account then why not our account profit is added

Well yes it seems like they don't write much.
They did reply to my first e-mail within 5 minutes and after i asked if they changed the profit time, there was no answer anymore

Do they cahge the time for adding the profit in account ...becase some people go for 9th but some don't why ..can there team is not replying ..just got this reply

" Profit is accrued once a day. "

This is said on their page now:
In connection with the opening of a new data center, the profit accruing from 01:00-09:00 UTC+0.
Payments are made immediately after the profit.

 ??? ???

Yes, maybe one of these cases.

And my investiment was minimum, as you said, it's not interesting to them stop small payments first...


Theoretically they will pay 02/09 profit on 02/10, i think until there is normal because all payments were coming with this logic. I received this message: In connection with the opening of a new data center, the profit accruing from 01:00-09:00 UTC+0.
Payments are made immediately after the profit.

EDITED: Print - http://imgur.com/YQC0hcC (http://imgur.com/YQC0hcC)

Everything is working fine too at my account. Received todays dividend an hour late but i got it.

Everything is okay i just got my profit 2 minutes ago.

My reward was went fine. I don't next time  ;D

Continuation about my last post. Profit for 02/08 already paid. It was just a delay.

It's all working fine yet... I need at least more one payment to get back investiment :S

From what I read on their site, they had a little stop in payments because of the server implementation, they had to sync everything.

Yes, but problem discussed here was about profit calculation. As they mentioned before some payments (withdrawals) delays were caused by opening of a new data center.
It looks like everything is working correct now.

But i don't think it's that big of a deal. The added a whole new datacenter and only had about 9 hours of delay. They gave you the information you needed to calmn you down. The delay was acceptable at my side.

This means that you are a tolerant person.
I think, they should warn everyone of possible problems / delays to avoid panic. They informed after the fact. For me, this is not fair.

For me everything is still OK, i have received a payment today:


date:  05-03-2016  
amount:  0.00518587 BTC
to wallet: 1DKkebi42Jznjo3Wnzfp8qSeKRXZQgj32z
hash:
8a67637595a7f4cf1f62d380d08eeb9ca717cc3d275dae139504ce9a48f842c7 (https://blockchain.info/tx/8a67637595a7f4cf1f62d380d08eeb9ca717cc3d275dae139504ce9a48f842c7)

I contacted them yesterday and offered to visit their Nurnberg datacenter(s). It's about 560 km from my home to Nurnberg.


I had several reasons:
- I'm looking for a place to invest (more) money
- I always wanted to see a datacenter
- I could vouch for their service here on the forum


Guess what they replied.  ::)

that they are a ponzi and there is no Datacenter?

Let us be clear. Have you ever had any doubt about what they would reply? If the answer is yes, you re a TOTAL MORON. But I do not think you are so no surprise there.

There are 3 groups of people who would invest into that kind of junk:

1) people who know it s a ponzi but choose to gamble in order to potentially make some quick money.
2) total idiots who cannot control their greed and are so naive to think they re legit.
3) Smart people who would never touch anything like this. Ever.

Which group are you?

Pretty weird google search statistics for a service which was supposedly established in 2012 and which had 150 000 users in 2014, wouldn't you guys agree?  ;D

https://www.google.com/trends/explore#q=hashocean (https://www.google.com/trends/explore#q=hashocean)

Again the same question, which group do u belong to?

I belong to the group of people who mocked Chris The Fucking Beekeeper while you were defending his scammy actions:

https://bitcointalk.org/index.php?topic=759743.msg9913571#msg9913571 (https://bitcointalk.org/index.php?topic=759743.msg9913571#msg9913571) (see the post below yours and a few below after that)

(Sorry, I had to post that for shits and giggles. Just a little reminder from the past and that wasn't even that long ago.)  ;D

Well actually, yes. And if for that reason you feel the need to call me a moron, go ahead. Calling me a moron says more about you then about me. I keep my cool and try not to offend people.

Some *legit* companies offer company tours. And, I wanted to see how they would react. That's all. And if their answer was yes, I would have visited their datacenter for sure.




I've been in this "BTC world" for a few months now and I must say I'm dissappointed. There's little to earn without investing, people want everything for free or for cheap, ... There's no way to earn something decent. People spent hours each day to claim like 0.5 - 1 USD. Not worth it.

My goal was to own/earn 1 BTC in 2016 and I'm pretty sure I'm not getting there by claiming, clicking, joining, selling, ...  I wanted to sell my faucet but no one was offering a decent price.


That being said: I invested some money in HashOcean. If it turns out to be a scam, so be it. In real life people get scammed every day. Investing in real life is also never without risk.

Since I joined HO I got paid twice. I'll post my findings later on.

any news form HashOcean? :)

"If it turns out to be a scam"

Oh, come on! They have a counterfeit news history leading back to 2012. They claimed to have 150 000 users in 2014 although the site came online in January 2015.

And according to a thread in Litecointalk they had fake employee photos stolen elsewhere from the net. The site layout is stolen from DigitalOcean.

No need to wait for the payouts to stop until this can be called a scam.

It's working so far and i got all payments on time. I'm at 130kh/s now.
Here is the last withdrawal: https://blockchain.info/tx/a6abf7aaa6ef1bbc06f10814a7ebc20a098f5c0b326d3a67175a852c938a1bc5

But you should be careful as many signs are red.

They can't even prove they have a mining farm or something, its been a scam from the very beginning

I don't care where they get their money. As long as they keep paying me (and eventually my profits) I'm happy.


Like I said, haven't earned a lot in the "BTC world". If anyone has a better idea, shoot.


All payments correct and on time so far.

As compared to what other world?


They get their money from people just like you.

The real world where you get paid for your work.  ::)

what news? They are up time, and paying yet , i am looking forward when they will stop paying and eventually become a scam.

They are paying you with other people's money
That's how ponzi works and it will always be like that ::)

Want some suggestion ?
Go work for them, money tastes better when you got it from your own hard work :)

Is hashocean still paying , cause its a long time running cloudmining , since January 2015, all signs are red but who joined on January 2015 those should have already made ROI on June 2015 and after that all profit.
I know this is a ponzi, but I am impressed at how long this has been running. Not advisable to join, they must be near their end, but I envy those who joined on January 2015 and invested quite some, they are some happy folks now.

So what did they say when you asked them to visit? I d just like to hear what kind of excuse do they use?

I don't expect that they even answer. But even if they did, probably it is "trade secret" or other bullshit.

Cloud mining was really profitable back in the days but now a days, I do not think its profitable anymore if I'm honest.
Also the fact that its a lot more difficult and that there are a lot of scammers indeed,
Hashocean can be trusted by the way.

Trusted in what way?
Trusted to stop paying out when they run out of new investors, or trusted to be actually mining and legitimate?

Try to answer this:

• why such a successful mining company with millions of GPU hashing 24/7 all over 7 datacenters spread in the world, would NOT post just a single little tiny picture of their assets or their employers?
• why they dont declare which pool they are mining to? (like other companies did in the past till they pulled out their hash from a bigger pool because of 51% issue and made their own pool)

To all saying: "Idc where that money coming from as long as i get paid" > you are a scammer like them because you aware of the scam and you accept money stolen from other users (and you know it).

Yes, and i get your point, but you must admit that it can be cost effective if we invest early. There are not too many options where you can get your ROI after 3-4 months. Of course it is a risk, but is not profitable (early investments)?

Don't call it an "investment". There is no investing going on. It's a gamble, plain and simple. But you don't even know the odds of winning. You're just guessing.

So you do acknowledge the fact it s a scam and you do know you re being paid by money stolen from other people who ve invested after you. Yet, you still choose to stay in cause it s profitable!!!!

Dude, you deserve to lose every single satoshi invested into this junk. Scammers and those who support scammers deserve no better option.

Don't even dare to call that Investment
Those company is not Investing your money, he just rotate the money around the users and then giving it back to you ;D
When you made a ROI they are giving you another member money and those poor member who joined late in the game might get scammed
Basically they gave you a stolen money and yet you still took it with happy face :)

I though that they are legit but they are the same as other cloudmining slow earnings and the money is cycle from new member to old member.
So its better to stay away in this kind of cloud mining site.. just beware guys now there's no legit cloudmining site these months.. so if you are a risk taker well its up to you.. if you still buy a hashrate. Just always remember we are here to warn you and telling the truth what will happen after several days or months..

I'd like to add to your list: Why would a successful mining company need me? If they can offer ROI in a few months, they don't need my, any large investment fund would love to do business with them!

There are endless discussions about which company is a ponzi and which one is a real miner.

This is my personal situation with HashOcean

Invested   -0,25493000   11/05/2015
Payout    0,45329960   
Profit    0,65775699   (Includes BTC used for new buys)
Net Result   0,1983696   
     
     
Daily Average   0,002074943   Profit/DFI
Days from invest   317,00   
Total Days to ROI   122,86   Payout/Average
Days Left to ROI   -95,60   Invested-payout/Average
Current Power   453 KH/s   



At the same time I've lost 0,50 in hashnest, now I'm recovering slowly using market to buy/sell GHS, but as I've see in cloud mining you have "honest" with ensured negative profit and scammers with theoretical positive profits that sometimes becomes true and sometimes they run away with your money (I've earn some with hashocean, scrypt.cc and lost with ltcgear, hashprofit, zenminer) but always lost with genesis, hashnest and at that time zenminer suposes to be in the honest group.

So cloud mining is not an investment, it's a lottery, if you pick the correct scammer at the correct time you may win, you will loose in all the other cases.

The problem is that your winnings come from money stolen from somebody else. You know this and you approve this. So it s no different then stealing money from that other person by yourself.

Did you consider that if you play lottery and win you are stealing money from others?

We must understand this is not an investment, and they are not real companies it's like a lottery (without the positive social impact of lottery, here the scammer get the big part and of course rules aren't transparent nor fair)
They evaluate the risk of being caught by law and assumes the risk to perform the scam
We should evaluate the risk related to put money on them considering that their main objective is to steal as much they can

Anyway in the process someones are lucky and earns.
With the "real" miners you will loose, slowly, but certain

Well the only legit one right now is hashnest, but good luck making ROI since the difficulty has been increasing these past months and it really hard to get any profit from it :(
This is why i left mining and cloud mining scheme
You need to live in country that has cheap electricity like China to be able to profit anything
I remember when i can mine bitcoin with CPU :P

If they would come forward as say, yes we re ponzi and you can make money only if u gamble, u know how many people would invest? Much less. But they state they re legit and lot of other people do not know they are gambling and do not know their money will be stolen. You do know and still support them. If you want to gamble, use gambling website, there re tons of them. Dont support crypto ponzi cause all they will do is to steal money, shut down the website and then open another one to hurt even more people.

Is this something you want to be part of?

Everyone can have his or her opinion... I'm not saying they are legit or not.

 

Just telling you about my progress:
Expecting my next payment tomorrow. Fifth in a row, at 28% of my investment.

I'm in it since last summer, 14'th of july to be more precise, and I honestly never had an issue with delayed payouts or anything.
I did put 50lei (about $13) out of my own pocket into it and been re-investing ever since. my account has reached about $200 worth of value (600kh).
I get about $3,50 every two days, have withdrawn my investment a long time ago and bought some speakers with it, and been using what I get out of it as gambling money, buying usb flashes and so on, and re-investing into them aswell.
After the whole ore-mining scam (I invested in them with btc earned from hashocean) I have to admit I was a little skeptic about them but I calculated my return on investment on actual money I put into it and I'm waaaay over, about $100 over since about 3 months ago, and I'm still gonna keep investing into them.
Don't get me wrong, not telling anyone to go and throw your money at them, I'm just giving my opinion that a calculated amount of money could be invested into anything if you think you could live without it because think about it, if it works, yay, it works, if it doesn't, that's life.

Just ask arround for more details.
Open to PM's aswell.

Thanks for sharing. I'm hoping to reach thesame results. :)

it is right that who ever is telling that invest in this ponzi in the start so that atleast you will get back your investment and then can share some profit which is actually the loss of others. What all have told is absolutely correct. Even if you are first invester , you are taking step to encourage the ponzi scheme and the others are seeing the transaction of other investing and then he also thinks of investing. If genuienly no one invest in this scheme even if he is the first one then automatically they will stop it because when no one is their to invest then how will they run their scheme.

To really finish this ponzi schemes , stop to invest in this schemes even if you are the first one . If no investors are their then automatically they have to shut down this schemes and their wont be anymore fraud or scammers in this bitcoin society.

Only legit is hashnest? what about genesis-mining? Got some hash there, not much though :p

Impossible to take investiment back with LifeTime contract in Genesis-Mining. Everybody that bought it is repentant. Some people say that another contracts give profit, but i don't trust it anyway. Everything depends coin price. If coin price goes up you make profit, if it goes down or stay stabilized you lose money.

well i use it for ether mining, i am hoping that one will rise in the future :p

how much earn in month with 20KHs+15KHs free?

Bear in mind everybody that when you cash out, you 'pay back' every thing you have 'cloudmined' in the given period. Thats probably how they are able to keep it going as long as it does...

with 35 kh/s you can earn:
a day   0.00025312 BTC
$0.11
a week   0.00177184 BTC
$0.74
a month   0.00759360 BTC
$3.16
a year   0.09238880 BTC
$38.47
for 2 years   0.18477760 BTC
$76.94

But this is according to current difficulty which goes on increasing and the earning decreasing overtime. That is why reaching ROI takes more time than estimated by them. So keep that in mind.

Please reword it to: "how much to steal to other users in one month with 20Kh/s+15 free Kh/s?"
Using the right terms is important...

income from hashocean is not changing in spite of difficulty changes, difference is max several satoshis. thats why i think its only ponzi and not cloud mining site

really?
oh((
i think that is really cloud mining site

What i didnt notice that the rewards are not changing. Damn now that is classic ponzi disguised as cloud mining.

No, no, they have found some magic way to keep difficulty static. Let s invest more cause we re so dumb and greedy!!!!

Beside that , they are claiming to use GPU to mine altcoins, I guess this era has ended too and with that statement they make themself a new hashprofit. What I wonder is ,how its been possible to keep this ponzi running for this long?

Well, welcome to bitcoin world
Where cloud mining is a big bunch lie (except hashnest)
and yes, most of them were just a Ponzi scheme re-branded as cloud mining to attract people like you ;D

They managed to run it this long is because people keep investing on their website
As investing on their website = more money to steal
It will turn scam when they don't have enough BTC to cover older member's payouts and don't have any new investor
:)

Yes, and whenever you try to 'sell' your hash before your ROI, you need to pay everything you earned, meaning that if i bought 100kh/s for lets say 0.1, and i 'mined' 0.05 after a month and i decide to 'sell' my hash, i only get 0.05 back... Happened to me, believe it or not...

People, atleast do read their deacription if you're so keen on diss'ing them. They mine altcoins amd then trade them, giving you the btc equivalent of what you mined in btc, thus the payouts.
Again, not taking sides, even if I do have an account on the side.
And to
I did the math in my case, and keeping in mind your way of thinking, I am way over what I invested, even with revenues that came from them.

i think hashocean on of some legit site that still defend from any scam issue,and so far i dont meet any people reported hasocean have trouble with the member,i wish hashocan can stay alive until some of couple years again.

They are surely paying everybody correctly until now, but it's because there is more people investing on them each new day. The scheme is still alive not because they are doing a professional smart job, but just because people are still sending money to their pockets. Nobody knows if it will be working tomorrow or later, the site can scam everybody any moment.

ok. thanks!
do you know really cloud mining site?
im very interested

THe only one legit seems to be hashnest but i would wait to invest there: big news to announce from them within the next 48 hours. See here https://bitcointalk.org/index.php?topic=1410006

Let noobs lose their money. You try to warn them, they dont listen. Fine, let them scam you. There s more then one way to learn not invest into crypto ponzies.

Well the only real cloud mining is hashnest
But good luck trying to ROI there ;)


Agree, we are trying to be a good guy here to not let them walk into a minefield
We say right, they keep going left, but if they want to walk straight into the mine field, so be it ::)

@Ponzi users
Don't bitching here when you lost your money, don't say we didn't warn you :P

You know there will be crying. If there are able to last this long, this means there are tons of new users pouring each day. If this happens despite all these warnings, imagine what would happen without it.

Shortly you will be called a self-appointed policeman and competition shill ;)

But yes, cloud mining is minefield and new users should be warned on every step.

Can anyone let me know from which year hashocean is operating?
Is it fall under Ponzi?

You didnt read the entire topic, did you?
Stay away from hashocean bud, it is NOT legit.
Hopefully we saved your money... ;)

No mining pool
Not showing real data, not a single picture or video of their devices and where are they operating

This above should be enough for you to not invest in this ponzi, I still don't know how these guys are still online, thats a mistery to me, but I guess is because people still investing in their scheme which is soon to collapse in my opinion.

They never show proof that they are not Ponzi.

On the website they claim that started operation since October 2012, but their website shows up in January - February 2015

no scam so far.everyone get they payout everyday.nobody lose!so stfu!  :D

Been getting my payments so far.


BTC invested: 0,08902462
BTC returned: 0,03066216

Progress: 34.44%

Payments left to reach 100% return: 12



15 referrals :D

Waiting and preparing popcorn for when the crying starts. MARK MY WORDS, you WILL GET SCAMMED.

Let's hope it happens after I reach 100% return. :)


If the HO people are reading this: I am still volunteering to visit the Nurnberg datacenter to take away all doubts. :)

Gotta show some love:
...define "my payments" honey...that's not your money...that's stolen money from other users

You supporting a ponzi with your own money honey? Really?
Takes popcorns and waits for a DT member to mark some red...

Ok you still in time honey (to me you should just give up now but let's believe you were sincerely unaware hashocean IS A PONZI): do us all a fav now, stop in 12 payments and give up. Take back that money and think about it: by the 13th payment you officially a theft and you are taking off money from other "ponzi" supporters like you....you not like them right? You a good boy, am i right?

Really? You not only a supporter of ponzi schemes but you try to involve others too?
Have a look at this: https://bitcointalk.org/index.php?action=trust;u=705720

Takes more popcorns...

This HYIP is lasting for a long time... Never saw a longstanding like that.

Usually scams like that doesn't last for more than 3 months.

Ehh .. im with this service from 2 March 2015 - a lot referrals.. i reach my first 100% long time ago.. but now im not sure if you will reach ROI my friend..
Good luck!

How much % did you earn over your investiment on Hash Ocean?

difficult to say.. if i good remember i invest 0.015 so it looks like now i have around 20% of my investition eveyday - it is 360k sat ;)

We'll see. Thanks! :)

Just wanted to let you guys know, got my ROI on a 3(.06) bitcoin investment! Went for 5600 KH/s (cheapest per KH/s) and got my ROI this week.

I also mailed their support this week. My question was if they were planning to halve the mining rewards when the bitcoin halving happens. This is their reply:
"We intend to maintain profitability at the same level. Our profitability depends on many cryptocurrency, not only from Bitcoins."

So let's hope they exist for many more months!

Same replies were even from Hashprofit, claiming to mine altcoins so they don't depend on BTC but strangely they only accept BTC as their payment method. Another big ? here. The difference between Hashprofit and Hashocean is because Hashprofit lasted only 6 months meanwhile Hashocean is on their 16 month now, so I guess the number of people investing here everyday is big and this is clearly very disappointing. When this will go scam, don't know what will happen in this forum. I guess a lot of cry babies here then. Stay away from this ponzi scam, its for your own good.

Let people lose money on this. For some, it s the only way they can learn.

Listen to that guy, he email support, they told him halving wont affect them and he still believes them. Greed is a very powerful motivator. Let them lose money.

Well, even if they quit in the coming six months, I made quite a bit of money.

Yes, I don't really know how they are able to upkeep their services this long, but yea, If you came in early on this one, you would be in big profit by now... Now it's only a question on when they will stop paying, and I am afraid that the halving may be a factor...

Stolen money from other ponzi supporters like you.

Everyone knows there is a risk involved, right? This is just like buying altcoins on the exchange.

Lol, I think you missed some 'discussions' the last few weeks. There was a war on ponzi's, or still is you be carefull what you say lol

Yup, I missed that one. Care to explain?

Perhaps check the board: investor-based games, you'll get the idea

I also joined hashocean and I'm still on my first month. I will not invest here until i myself can prove that it is paying. My plan is that after I will receive my return on investment, I will start investing big in this service. I do hope that this site will stay longer and stronger. Currently, I am earning to some servie that paid.

Whatever the opinions are, I hope they are the real deal. Only 11 more payments to go before I reach ROI.

Congratz! Hoe much did you invest?

i have been using hashocean for 2 months now, i used the 15kh to get me .003 then i added .012 to buy 20 more khs and i do say i have had 2 payments my next is due in about 10 days and if this go i will use my next 3 payments to get more hash power and then i can get the min in 8 days or so.
it is hard to prove and cloud mining site is not a scam but they have been up for i think almost 2 years so it shows that get alot new people investing or they make a profit somehow.

eobot has been up for 2 years they are still paying aswell so maybe some of these sites are legit who knows

If Hashocean made profit like they told us by using a lot of GPU cards, then do your self a question, why do they need us ? They can keep winning and selling the coins they mine in an exchange without our help, but we have said it a lot of times, these guys are a ponzi soon to collapse.

Eobot maybe is legit, but it'sa very bad investiment. I think that is the worse legit Clound Mining site.

And HashOcean isn't legit, anytime the site can close and everybody will lose their money. No way to have investiment back after 4 months with a trusted investiment. It would be wonderfull, but impossible. Now you just can wait and see if you can make some profit before the sites down.

I bought 20KHS power on Hashocean 1 month ago and i have already got my ROI , now whatever comes to me is a profit.
I also have a account on eobot but i find hashocean better than eobot.

For now its better to start a loan than buying hashrate in this site because you need to wait for a months before you reach the ROI..
So its very slow earnings.. but if this site is long term and this service is forever its better to start invest now but we dont know what will happen in the future if they will run or stay? so its still better to make a profit in lending section with collateral than waiting for a months to make a profit..

I only have to wait 1 month to get my ROI of another 3 BTC lol

Not a lot.. Almost 0.09 BTC.

Could it be that these guys have some mining rigs installed in their basements and call this their "datacenters"? Leased lines aren't that expensive anymore (well not in my country).

Even if so, I wouldn't care.

They properly mine on a smaller scale and invest the bitcoins they get. If they are smart they can play the (altcoin)markt because they have such a large amount of btc laying around. They should be able to sustain the business if they're doing it already for 2 years.

Trust me when these guys see 250 BTC pure profit from the idiots who keep sending money to this project, they will run away with the same lame excuse we got hacked. 250 BTC is 100K USD, and opening another site like this costs no more than 3000 USD if you want top notch website, they can add 15.000 USD as a starting capital in this new website and can keep doing this forever.
Of course as long as people send money to them, so best is to stay away ,even if you make ROI, you are stealing other persons money, as if they mine, they can show us some data, but they don't show nothing.

Like those who steal satoshis from my faucets? Like those who join captcha typing projects on the forum? Are you for real?

And they don't have any picture proof for that, funny right ;D
Trust me, there are already far too many bitcoin ponzi scam happened in the past, what makes this one different than the others :P
Learn what is Ponzi scheme and hopefully you understand that there are no real mining here :P

Nope, they managed to keep alive for 2 years because many people keep pouring their money into their website
More investor = longer time to survive
But for how long the can last :P
When the investor decided to stop pouring their money in, that's when the show goes down :(

Or they invest it smart..

Or they're just a scam that takes someone else's money and gives some of it to you.
Give your money to who you like but be like BitBustah, at least be honest about not giving a fuck whether anyone else gets shafted, instead of making up excuses about them 'investing'.
All they'll be investing in is hookers and blow pretty soon, maybe with yours and his money.

My ROI on my second 3 BTC will take 1.5 months. Lets hope they survive a bit longer :-).

Invested on advertising so they could grab more users so they can steal more money
:P

In case you don't know what ponzi is
Basically when you invested money into their website
They don't anything with them, they just give you back your own money (Your money is being rotated)
When it's the time for you to ROI they paid you using other user's money
Ponzi will run away with your money when they don't have enough investor to pay the ROI money :P

Good luck trying to ROI using other's money :)

We all love that :D

i only invested minimum deposit $6.20 year ago now, but stiill doubt this is legitimate but i received still my payout up to now lol.

As long as people re happy by getting paid from money stolen from other people, crypto should not be allowed to survive. Why? Cause it lets scammers like these guys and their followers to make money.

How much do I need to hashes to get from "hashocean"  about 300,000 satoshi per day?
Maybe the site has a calculator?
I found the only power

At the moment of writing:

According to their calculator:

- 420 KH/s would give you $1.27 each day (0.00306233 BTC (+300.000 satoshi))
- Price: $130.20 USD

Problem is because everyone who will lose on this "service" will be spreading informations that Bitcoin is a scam..

A friendly advice to Yobit signature members, don't post your admiration so clearly for these kind of ponzi scams, no matter if they are still paying , they are not a legit cloud mine site,so stop supporting them by sending your money to them, you risk to get a red trust from respected members and therefore, your signature will be in vain, better focus on constructive topics and stay from mining ponzi scams.

These days many people in bitcoin has seen scams and know when to not invest. I think this is a typical setup for a scam to happen. After all they've got not much to lose when they dissapear.
No name, rep etc.

They do have some contact information, which if it is true, shows some good faith.

What contact information? One of the forum members asked to come and visit several times. Guess what they told him?

Scam or not, ponzi or not.

Got paid again this morning.

At 45% of my ROI.

guys one thing is for sure hashoean is indeed a scam there is no doubt in that


crazyivan is trying to save new guys asses

yes they are paying you from others people pockets

my current powers with hashoceans is 4300/KH

i made my ROI 2 times

so even the site go busted i will have no regret and yes it will go offline soon

My advice is do not invest in hashocean For GOD sake

specially now in start it was different because they need people for marketing and they achieved thier goal

they can go offline any moment
actually i am thinking to withdraw my investment from the last 2 days
because i have strong feeling the site is very near to crash

so plz plz do not waste ur hard earn money 

Again, I am NOT saying you are wrong but I think it's crappy advice if you first say you got ROI twice.  ::)

That will make people jealous.


I too won't have regrets. Just like playing casinos you should only invest money that you _can_ spare.

the purpose of writing "i made my ROI 2 times "

is to show people that who else will be more satisfied than me
i made my roi 2 times so i am happy customer i will advertise hasocean

but this is not the case

i write this to show yes i made my roi but still i am against it do not invest it its near to crash mark my words

back in last September i had a good hand in casino and won good money and the funny part was that i deposited only 20 usd for fun and made 1300 usd...... that money wasn't my hard earning money

so i thought to invest it and i did

Still you seem to miss the point. You invested 20 and got back 1300. People who will read that might invest 20 in casinos now.

You made ROI 2 times. Now be honest... You still have money in HO right now? And you are still getting profits every day right?

It's like saying: "I made a lot of money, I still do, but don't follow my lead...".  ::)

if i were to jump in the well will you follow me and anyone in this form

no absolutely not

so the people who will read this either jump in the well or make smart investment elsewhere

there is an old saying  "common sense is not common in everyone"

Yeah, was thinking about that too.

Smart investiment is invest on something trusted, legit and that can return you profit. So, all Ponzi, HYIPare out of cogitation, it's not a decent investiment, anyway everything can stops and you lose your money.

So most smart investiments aren't on the internet. Start a little business is the best investiment for who don't have much money at beggining.

And we all live in countries where that's easy to do without a lot of money.  ::)

Well, just need a bit of creativity to create a cheap and usefull service to start offering.

If you live in a third world country, with your signature campaign earnings you can start something. Resell stuff, craftwork, if you have more space animal breeder... This is the good point of capitalism, prosperity.

What country are you from? Sounds like US mumbo jumbo.

hahaha, i'm from Brazil  :D

Dollar here x4 our money, and BTC a bit more. Very profitable to exchange it into our country money. It's a very welcome extra money to start a business, and it's possible!

I had people begging cents on my land in Second Life and at the end of the day they could earn 3 or 4 american dollars. AFAIK they were brasilians and i been told with 3 or 4 dollars per day, they would have a living...is that true?

Back on topic.


I invested in CLDMine a few days ago. Anyone wants to compare CLDM with HO?

How about they are the same, they don't post any mining pool info, any pictures, any video, just a few things to show they are really mining. They are not really mining at all, and the latest prizes there is just a trap to trap more new investors or should I say victims cause they will never see ROI  there ,the ones who are joining now. Anyway anyone is free to lose his/her btc as he/she like.

But they are doing it for two years now...


You can use the calculator on their website!

So what is the point that you two are trying to make?

1) Because you receive payment, then the scheme is legit?
2) Sending money to a 'cloud miner' which shows no proof of mining is a good idea?
3) Because a scheme continues operating, it is not a scam?
4) Suspecting something may be a scam but giving them money anyway is logical?
5) You are really clever?
6) The end justifies the means?
7) What?

Potentional reverse Mining Ponchi Scam!

Be aware Guys! Its possible you gettin paid out of the new Funds.
A proff of the hashes would be great over from hashocean to be sure they clearly operating.

Be Carefull with your Money Guys!
cheers

It's a very poor life if they live with only 3-4 dollars daily, but for an extra cash it's good and very helpfull. Probably these guys you said live with their families and use this money as an extra.

I hope Hashocean will be working for a long time, so I will not lose any satoshis :)

Why such a big company doesn't understand what i mean here:



    Hello,

    I am pretty sure that i found some multiaccounts by checking my position.

    It is position 165876 to 165881.
    Here I made a screenshot for you: https://gyazo.com/3da41fd7c04b514ed4c7c11fb9f9aecb
    For me it looks to obvious that these accounts got made by one person to get some refferal percentage for free!


    Greetings,

    Dxxxxx

Hashocean REPLY:

Hello!

We do not understand what you want.
Please explain your question.

2016-04-11 17:05 GMT+06:00 d***** p***** <*********@hotmail.com>:

 :D :D :D :D :D

I don't really understand you either. What do you want to accomplish?

Where can you find that table though?

This screenshot shows that these multiple accounts have been established in same day and that have same income ..

It does not say anything ..

I totally agree with you! And 35kh/s is the most common to find there i think because they've got that 15 free + you have to buy 20... And if i would use something like that i would use only one account as a referral and another as the main account. Not something like 7...

Wait a second.. If i remember correctly i saw some accounts named f.havion*** f.havi*** f.hav*** and f.ha*** or something like that. It looked very suspicious to me. I regret it now i didn't took a screenshot. The usernames might be generated and there might be many fake accounts... Maybe something we have to investigate further.

Edit:
Five minutes later and i only skimmed about 10 pages of their user list i found this:
https://i.imgur.com/WxAAeW3.png

https://i.imgur.com/geNDkYG.png

https://i.imgur.com/kMsY816.png

https://i.imgur.com/1NZWoZa.png

https://i.imgur.com/oi00Jcs.png

https://i.imgur.com/GcqaPDI.png

https://i.imgur.com/wxFE8DZ.png

https://i.imgur.com/86RUn85.png

https://i.imgur.com/SLOtmJg.png

This can't be an accident and they cannot tell me, that all these users registered with the SAME name at the same day... And additionally they all have the same amount of kh/s...

Perhaps someone found a bug, and they are crashing the site at the moment. Or this is the beginning of the end of this godforsaken ponzi. Finally

Wow! It is a lot! Now I know why so many users in this service..
Or it is bug, or deliberate action .. Support must explain that!

Let me guess, they re going to say they got hacked, close down the website and run away with your money.

What a surprise!!

Maybe it's just a coding error. Faucets have them all the time.

Payment due tomorrow. Let's hope I still get paid. :)

Well hope dies last as they say, but as I remember you are still needing about 9 payments to ROI, and the signs above are not good signs, we are going to see some big big crying soon in this forum regarding hashocean. Sorry but I will not feel sorry for anyone, you have been warned 1000 times yet you still followed your greed. Ready to grab some popcorn to have ready when the show will start, we will see some good ones then :)

Greed? Come on dude, I help a lot of people for free. I gave away satoshis for 3 months without getting anything in return... And if investing 0.08 is greedy..  ::)


In any case, I'd never make fun of people being scammed or losing their money. But I guess I'm just a nice guy. :)

Of course I will never make fun of people being scammed, but I always will make fun of people intentionally giving and losing money to a business everyone says its a scam, thats the difference.

Not sure about what signs are you talking about?? This screenshots are from last days. Similar situations happens even year ago. It is bug, worrying is that it probably has been made to increase number of users.. It always looks better when this number is higher..

Maybe this is the end, who knows?

Every Ponzi has an end. This one survived for a long time, made many people happy...  :P

The point is that we will never know how long will work Ponzi. This may be a month, a year or even decades. Only one thing is sure, the longer is working, the more losses will make.

Got paid today. At 51,80% of ROI.

Well, when I was a beginner I invested on this and got paid two times. But now I will not buy kh/s anymore.

You are a nice guy? I see you have cloudmine banner as well. Both of these websites are big time ponzies and you can only make money after they steal that money from other unsuspecting noobs. You know that and still choose to ride that wave in order to make money. How are you a nice guy again?

Yes I am.



No I don't know that. You guys claim that it is a ponzi.
If I claim you are a scammer, will that make you one? No, it doesn't.

Again, I still believe they could be kids with mining rigs in their basement... or something else.

How long you have been in this site and how many days you need to have 100% of ROI? Hope you'll get 100% of ROI before the site collapse :)

Signed up and invested on 02/29/2016. That's about 45 days. A little less that 45 days I think. :)



Thanks :)

I own 48KHs from hashocean a year ago now, still pay me every 19 days, but still i doubt this scam site ;D

You can calculate your payout on their Repayment page.

I have now 159 KHs, but 129 of it are from referrals. I only invest 20Khz ($6), so I can get my commission. Anyway, you don't have to doubt if they will runaway or not, because it is definitely going to scam sooner or later. I was once visit a site reviewing scam sites and they say that "there is no such thing as cloud mining" (I forgot that site), that's definitely a red flag for me, so I didn't add any coins on hashocean.

Ah, pls, do not insult my intelligence. I really do not want to think you re that naive. Money does not fall down from the sky and if they cannot provide a SINGLE proof of mining, no mining address, no photos, unrealistic payouts, very high referral fees, this is cause THERE S NO PROOF.

All you do is help them out more naive people Mr. Nice Guy. That s really not nice.

Being naive does not make me a bad person.

And yes, maybe I'm just as smart as you.  ::)

If you are smart, it means that you are pulling people into a financial trap deliberately..

Well, then I should take away all doubts.

DO NOT JOIN CLDMine or HashOcean. They are paying but might scam you in the future. I'll remove my avatar and signature too.


Do you guys still want to hear when/if I reach ROI?

Dude, calm down. The point is that if you are inviting people to services like cldmine or hashocean you have to be honest with them and inform them about risk.

Which I did. What else do you want from me?

This is the most creepy ponzi I've seen. Because I have ROI! LOL. Yet I am unable to ROI with legit cloud mining service such as Genesis Mining. Ahem.

And I am still receiving payouts from HashOcean.

However, participate in HashOcean at your own risk.

Nice! How much did you invest?

I remember last year, HashOcean mentioned on its site about ROI timeframe is about 4-6 months. Now it promises ROI in 2-3 months.

Seems odd. If you are not in it, better stay away. If you are still in it, pray that it last as long as possible.

Get your popcorn ready, it's happening.  :-\

So, no more payments coming from them?

Anyway they won't survive much time anymore. BTC price is growing each new day and they can't pay the same rate for everybody everyday. Time to close the doors and create a new Ponzi/HYIP soon.  :P

Not sure yet. Should have been paid but the transaction URL seems incorrect. For some reason I can't acces blockchain. Maybe I was too quick. I'll keep you guys updated.


Edited: I am taking everybodies advice and will not invest money again...

I have an unconfirming income on my wallet.

Can't access mine. Keep us up to date pls. :)

1 confirmation

Mine is unconfirmed.

https://blockchain.info/tx/80de36508268de502f254e706b0008c64a81b8b105de8aed1b0e0a41775c1b59

Will come through I guess. Sorry for the confusion. :)

2

got it

Confirmed. But still can't login to my BC wallet.  ???

I get the message: "Unknown error"

then u got other "problems"  ;)

Of course they will not stop paying these days as a lot of idiots keep pouring money to this sh it ponzi and prolong their life. Once people stop investing or reinvesting thats the day they will not pay, and it doesn't look too far away. Save your BTC don't support scammers like this (even if they are paying, that does not mean that they are not scammers) they take other people money to pay you.

Well said, its only people money which is keeping them alive, I think any website which doesn't show any data of their true mining, they are not mining . For more all noobs , please check cloudmining101 topic somewhere in this forum, that you should give you a nice idea why you should not invest in these sites.

101 is here (https://bitcointalk.org/index.php?topic=878387.0) but people know best, don't they, especially when they have the FOMO (https://en.wikipedia.org/wiki/Fear_of_missing_out). And greed of course.

Why are you FUDing? They will exist for a while.

Why are you shilling? There's nothing to stop them disappearing overnight/"being hacked".
What are you going to do if they do? Go knock on the door of their non existent office in San Francisco?

Overreacted, sorry. Got paid (like I said earlier).

I think, it will collapse before halving

Please be mindful about "investing" with HashOcean. It may be legit, it may not be. But I am sharing my observations. Good luck.

You have right! Here is banner that they have been using in last year:

https://hashocean.com/promo/

and they are using this banner till now. It is ROI in 4 - 7 months.

Where did you found information about 2-3 months promises?

60 days investiment back months ago, when the BTC was cheaper. 0.005 BTC payment each 20 days, after 60 days 0.015 BTC. Average investiment 0.014 BTC. And using 15 GH/s for free on the first month, faster.

But now the BTC is more expensive, I think need to wait more months, increasing the risk to be scammed in this middle time by the Ponzi scheme.

This ponzi still pays? I m surprised, I have to admit. Which means it ll go down very soon.

Lol, you're saying that for months.

He is saying that and i think this same from months - exactly from 4 months. I was expecting, that as other similar "projects" they will go down after around one year, so more less in February. Im positively surprised that I still get transfers from them, however I do not expect, that it will last next year or two ..

This is only means more naive noobs sends them money then withdraws. Also means more people ll cry when it goes down.

I've captured a screen shot. Please see:

https://i.imgur.com/dNfZBNV.png

Yes, it pays, and where long ago. This mining for a year and 3 months.
This is where people write reviews every day about it https://bitmakler.com/hashocean___cloudmining#comments
And judging by the reviews, it pays regularly.

But yes, to invest in Cloud Mining is dangerous, Ponzi.

What i can say..? It looks like now their mining rigs are working better ;)
From earnings counting for 100 khs it looks like ROI is in about 3 months:
https://i.imgur.com/cNLiqo1.jpg

But it doesn't mean that HashOcean is not a Ponzi!

WHY R U PEOPLE SO STUPID? THEY provide unreal results, mining difficulty does not affect payouts, no photos, no any explanation how they make money. IT IS NOT POSSIBLE. Stop acting like idiots.

WHY R U PEOPLE SO STUPID? THEY provide unreal results, mining difficulty does not affect payouts, no photos, no any explanation how they make money. IT IS NOT POSSIBLE. Stop acting like idiots.
[/quote]

I know that it is fake counting.
Anyone who looks into this thread should be aware of the risk that is associated with this service.
But the truth is that since the minimum one year they pay regularly. ROI is fast and % of income extremly high.
I think you should know that human nature very easy loses with greed.
Bitcoin is coin of gamblers, and this is just one from the games..

I think you have warned long enough, and still people greediness makes them lose money as they will lose money in the end, I have warned also several times but it seem worthless, some people only learn the hard way so not much we can do here.

I think u re 100% right. Maybe it s time for us to move on.

Every one here is just giving their honest inputs because we do not want new comers to get involved in unnecessary risk. Yes. I could go against my conscious and say that HashOcean is legit since new sign ups could mean the service can last longer.

Does cloud mining goes ponzi before halving or it will continue to pay after halving?

Sorry, but i don't understand how you connect mining with ponzi? Ponzis have nothing to do with halving or mining it is just financial pyramid.

There s a big time connection. Halving should bring BTC price increase and if this takes place, most ponzies would like to keep as much BTC for them, not to repay their customers.

But is it not proportional to deposited BTC by new customers? Probably it will be enough just change "power" or contracts price..  ::) hm..

I've emailed them a while back and they say the payouts will be the same during the halving because they also mine other coins and invest.

don't trust their words , probably they will disappear at that time
the halving should half the reward and double the price if things go like expected , so even if they are mining alts I don't think they will pay the same rates like what they are paying now , cause I said most likely the price will double or at least in 600ish

Their mining efficiency is too good to be true. lol. I believe many experts in this forum would love to understand how they optimized their setups. :)

I tell you they are the same team as hashprofit which did claim the same, they mine altcoins and invest. The truth is no expert can understand how optimized their setup are, but any expert here will tell you the only thing you need to know, they are just a financial pyramid scheme, so optimized setups doesn't exist at all, otherwise they would show it to us.

I still do not understand how someone can purchase 100KH/s and get way better payouts than I can mining on a GPU with the same algorithms when my GPU mines scrypt for example 7 times faster. I get just over 700KH/s mining Scrypt for example.

According to Hashoceans webpage, they use the same gpu type that I use which is an R9 280x and use them to mine different coins and algos.

I know that some devs keep special versions of mining software with speed boosts for algorithms which you can try and buy off them, but Hash Ocean either have a very good algo hashing speed expert or they are just making it up.

+1

No expect can understand their setup cause there s no setup. It s like going public saying u ve got a rocket that ll reach Saturn and when NASA experts ask how or to see data, you say, nah, trust me, I have it.

BS and people ll cry cause of this.

the main Question :
can hashOcean give proof ? maybe real hashrate, or photos of his hardware mining..? if he can't do it, im sure he use ponzi scheme like cloudminr, hashprofit, bitcoin cloud mining etc.

so what do you think, when they will collapse?
a week before halving?

It is just pure speculation! They can collapse even tomorrow. It all depends on whether they already have collected enough BTC or not.

Well, they're still paying out!  ::)

hey all register under me and youll get free gift on the spot!! :o ;) :P :D

please stop trying to lure people into a ponzi...

One idea!

I think they dont mine with hardware they collect the Bitcoins and make speculation on the bitcoin markets. Maybe with good bots and they have earnings much more as 40% in one month. In this case they can pay over years good earnings and make by themselves good earnings.

Some people earn their money at forex. This people make it with bitcoins. If they are good or have good bots they can do a long time but not for ever that is clear.

Yeah, but that's not quite the point is it?
For that total guess to hold water, it means they are also big time liars with all the nonsense about being 'cloudmining' a total fabrication.
I don't know about you, but I don't fancy giving money to some anon in the internet who is telling complete fiction.

Re: Forex trading and making loadsa mone, there's an much quoted stat in the biz called 90/90/90 which stands for 90% of traders lose 90% of their money in the first 90 days.
The idea that you plug in a bot and watch the profits roll in is laughable, nearly as laughable as someone paying 50% a month interest on their stake money.
Fail.

Indeed, at least till this day they still paying their members but who knows what will happen in the near future? They might turn to be a scam without any notifications, so it is always a risk in this kind of site. They have been alive for more than 2years already, so its better to stop investing in this site when you have got your ROI.

They are online since January 2015 and their website is lying trying to make them look like they were here since 3 years which they were not. 1 this and 2 no data of mining are big red flags, if you miss them then I am not sorry at all for any loss you may occur cause you have been warned several but really several times regarding hashocean, but some people only learn the hard way.

Sorry for missunderstanding. Mayby they are liar but why.

Nobody will give nobody money for investment.

1 There are good bots for forex trading but they are not cheap.

2 you need money for buy the bot and start to trade.


There is a big risc thats true but their plan is working over 1 year and they pai out.

A Ponzi scheme will not work such a long time because you can not recruit faster members as payout the bitcoins to the members. This will work only a short time.


I will not make advertising for hashocean but i want to scrutinize the offer from hashocean.

Well I give you my case

here are endless discussions about which company is a ponzi and which one is a real miner.

This is my personal situation with HashOcean, tomorrow will be 1 year since "investment"

Invested   -0,25493000   11/05/2015
Payout    0,58930650   
Profit    0,84754330   (Includes BTC used for new buys)
Net Result   0,3343765   
      
      
Daily Average   0,002322036   Profit/DFI
Days from invest   365,00   
Total Days to ROI   109,79   Invested/Average
Days Left to ROI   -144,00   Invested-payout/Average
Current Power   522 KHS   
      
      
Average prod by KHS   0,00000719   
      
Estimated daily by current   0,003753887   

As you see I've have a good ROI with them, at the same time I've lost 0,50 in hashnest, now I'm recovering slowly using market to buy/sell GHS.
Also loose and earn some on other ponzi schemes and loose on Genesis mining
I did not recommend them neither said that they are serious, really I'm almost sure they are a ponzi.

But as I've said some times, cloud mining is not an investment, it's a lottery, if you pick the correct scammer at the correct time you may win, you will loose in all the other cases.
You will loose for sure with legit companies, so take it as gambling and consider these rules

1- If you want to contribute to BTC infrastructure build a node and run it by yourself, if you have free electricity, there are chances to have some profit, if not you will loose money, but contribute to the network security.
2- f you want to contribute to BTC infrastructure and don't want to build a node and run it by yourself, buy some hash on legit companies if that exist (there are chances that Genesis mining and hashnest are the only ones in these category) you will convert part of your money to BTC but less than buying it directly on the market without waiting.
3- If you just want to have some BTC, buying them on the market is the fastest and cheaper choice
4- If you like to gamble on ponzi schemes "invest" in them, sometimes you will loose (most of them) and sometimes you could win. but consider it as gambling not an investment.

5- Enjoy your life and BTC :-D

Hello! Available approximately 3,000 accounts with a balance hashocean 0.0033 BTC. That is something that has been accumulating for the month of bonus balance. At the completion of such account on 20 khs: that's $ 6.20, or 0.01166812 BTC, a week get paid 0.005 and 0.005 even after 20 days. Full return the embedded 27 days. I can offer such accounts with the email address to which it has been registered for $0.5 or 0.0008 BTC per account.

Damn 3000 accounts, I dont know why you made so many accounts there and all are free accounts. Did you create it just for this sale?
I wonder will be there someone want to buy it since all people can make it by themselves for free and get the same amount 0.0033 after a month.

Sure you can. 1. Register email account, 2. register hashocean account, 3. and wait 30 days. It is easy! I create it just for me. and now i dont need it.

You won't be able to withdraw those bitcoins if you did not purchase a minimum sum? It is too good to be true.

Hashocean is too good to be true anyway.

yes, you must deposit 6$ btc there and buy 20 kh/s, then wait more then 1.5 month and if you would be lucky, you will be able to withdraw your 6$ and then get profit, but they are not legit and there is big chance that they will become scam and steel your money, so be careful

hey what about this video

is it taken from other place

https://www.youtube.com/watch?v=1asTVF-2eYg


advice please

thanks

Its easy about this video, is just one single person who have done a nice video to promote his referral link for the Hashocean scam, stay away as halving is near and there is a very high probability that Hashocean will go scam soon after halving, I guess people here don't care about all these warnings from a lot of experienced persons and still believe in this ponzi shit. Best investment is to hold your coins for a later profit.

Looks like a lot of heat or attention on Hash Ocean. Look at the sheer number of discussion topics on them!

because hashocean is still paying and online thats why so many haters in here want they die >:(

The problem is that the longer Ponzi scheme is running, the more people will be scammed.
Personally, I also receive payments from HashOcean. However, when i invest there I was aware of the risks

Is hash ocean the longest bitcoin paying ponzi known?

Don't blame those who give caution to others not to invest in HashOcean. They are just giving a warning to others that HashOcean maybe paying today but gone tomorrow just like others. Inviting them to sign up with HashOcean is a no no here since you cannot guarantee that HashOcean will continue to pay and you will not refund the investments made by anyone who signed up under your link right?

Some people never learn, they have lost before in other ponzies yet they feel like this Hashocean since its paying from long time will continue to do so. This is totally wrong , the only reason they are online this long is because of new people joining them everyday , however halving is near us and they cannot stand another bitcoin rise so after halving I think they Hashocean and many others a like websites will be gonne in a matter of days maximum of a few weeks after halving.

yeah...if you guys want to invest please know the risk .....if you want to refer someone then let them know the risk ......you should know that all business is full of risk....its your decision to put invest with high risk ...and dont cry like a baby if you lost  ...invest wisely guys...kindly tell us if hashocean dont pay you anymore with proof of your investment....

Thanks

They were just warned others of what may happened with this kind of ponzi scheme site. It is a warning for those who want to invest, but of course it is your own right to decide whether to trust them or not.
Once you decide something, you should aware of the risks.

I would prefer cloud mining compare to gambling...
atleast we can expect payout in mining

I must honestly admit that for a long time I kept thinking -perhaps trying to convince myself- that HO is a legit cloud mining company. For this I am sorry. Please do not flame me. He without sin cast the first stone.


CLDMine "stopped" today. It _was_ a ponzy. Maybe for a few exceptions, all these "cloud mining" services are ponzis.


After a long time of activity on this forum I made this mistake of "promoting" a cloud mining/HYIP. Even though it was within the forum rules (just like promoting HO is), it got me a negative trust; That's something that hurt me deeply. I guess it was a wake up call.


Stay away from "cloud mining" or HYIP people! You will get burned in the end. Even if you don't lose a lot of money, you will still feel "empty".

They were affiliates of eobot thats why they are down I read in other forums they took mining from eobot which turned out to be scam too, its because eobot is down too, well the website of eobot is running, but I learned from other forums, if you withdraw there the money never hit your address at least in the case of bitcoin, don't know other cryptocurrencies. But yes these ponzis are falling like mushrooms after the rain, with a very fast speed.

There is no 100% reliable cloud services of mining. Even legitimate mining of "well-known manufacturer Asik" can at any moment to collapse and cease to pay dividends. Do not invest in mining more.

Is hashocean a scam yes or no? Simple question.
Because i've been there for almost 2 months (+/-) and never had any problems with them.
At this moment do i also have 70 KH/S.

answer is very easy:scam sites are those, witch arenot paying any more. hashocean is paying nowadays, so they arenot scam yet, but I am (as almost of bitcoins users) 98% sure they are ponzi, and as all ponzi sites, they will become scam soon or later, so if you decide to invest more, be careful.

Well, the only thing i invest is the amount of bitcoins i earned from them.
So i'm not really planning to invest some of my own money in it.

Honestly cloud mining or even solo mining is not profitable.. they running a service which is not profitable.. they know they can not make a profit so they are starting  business like this cloud mining to rent their own machine to other which is its obvious a scam because cloud mining or solo mining is not profitable..

did anyone visited any of their datacenters?

There were a few person who wanted to visit that German Data center, in Nurburing I guess, but they didn't receive a positive answer for that. Don't know about the other data centers, but sure it can be easy for someone here to visit their so called New York data center if it exists, oops no data center exists and they are only stealing money from latest investors to pay earlier ones until there are no more later investor, then its goodbye for them. Halving is a crucial point, and we are only 1 month way. I expect some big big crying after halving in many of the topics of Hashocean super mega scam. I call it like that as it has a lot of investors and is the most well known mining scam, so this makes it a super mega scam.

They have never provided address for their data centers
even no pictures have been posted for mining machine  ???

But their rewards went up these past weeks for me :D

halving has nothing to do with them, they only pay with BTC, they dont mine BTC with gpus ...

Let`s have a look for example  to Hashocean`s userlist: sunpower18*** (11/14/2015)   312 415 KH/s   —   350.27035572 BTC

Any questions? Do the math ;)
As I wrote and write every year there are some very simple rules to become ri(t)ch with all kinds of BTC-investment [Ponzi-shemes]:
1. Quick-in -> quick-out
2. Spread as much you can (downgraded in classes of risks)
3. You have to be ri(t)ch at the beginning, because money only comes to money (btw: actual CLDMine is down/death, but I got all my investment back as shown on their goodbye-page and in my wallet ;))

There are allways two kinds of loosers:
1. Guys who ignore the simple rules
2. Guys who never invested

So my tipp fpr noobs are:
1. Withdraw as long you have not your investment back on your wallet
2. After full ROI reinvest max 50% of your dayly income

best regards,
ritch

So what are you saying? That you have earned 350 BTC there?

yep, sunpower18 has earned 350 BTC so far and tomorrow more ;) Sure, the investment was high but with some good refferalls it´s ok. (Good Refferalls = Investors in the Top100)

You dont know that sunpower person is real. if it that aint you. How much did YOU earn?

Not Sunpower, but Sunpower18... ;) In my BTC-lifetime since 2009? Well, since the end of 2013 I didnt "work" anymore as someones slave. With the next halving my wallet will made 20+% this year and at the end ... who knows. Ri(t)ch is if you dont need much money to live, but enough money to live without any future-problems. ;)

BTW: You should know it -> BTC and ETH is the future of money --- and XAPO is the exchanger ;).

How can you be so sure, this guy is for real..
I mean, who will invest hell lot of money on mining website which are not for real

So are you saying that the Guaranteed Refunds (https://cldmine.com/) list is real and you were on it?

Well, believe it or not. On CLDMine was an "insurance"-knob for investors over 1000$. I guess, all that paybacks were payed by low-investors, because CLD would have big problems, if they scam the big ones. How much BTCs are needed to find a scammer i.e. via darknet faster than the police? ;)

(sorry my bad english -  I´m not a native speaker)

best regards

Who? Me. Over years with several sites. Sometimes I lost some bugs but overall I got a very good income with "scamming" real scammers. Have a look to my simple rules. High risk = low investment / low risk = high investment. Spreading is important and NEVER BE GREEDY.  8)
It´s mostly not important how much you invest - important is the time - quick-in/quick-out. (BTW: Sunpower18 is only an example of my investments - I´m richer than him ;))

All other income I made via BTC-e&Co. ATM with chinese trading-sites without any scammers - so I have to be a night-worker. ;) I know the potential of BTC since 2009 and it was and is much better than all other curencies (but ETH).
Three screens, one is: http://bitcointicker.co/

best regards

Can you explain me how you count risk - i mean how you know that Ponzi scheme is high risk or low risk?
Example of HashOcean will be good - If i count correct, you invested around $50k - Is it high investment for you? If so, how you check that HashOcean is low risk, before you invest?

Can you show us Bitcoin address to which HashOcean make your payments?

Thank you!

How do we know and what guarantees do we have that you are not paid by them, to encourage more people to join them, right now near halving so they can make more money.
Just like the person above me said, please provide all the needed evidences before making such clamorous claims.

Dear Keyscore44

I never (but have) invest(ed) in high-promise-%-shemes because mostly all of them were and are scammers with no winning for the investors! Well, learning by doing till you have the "feeling" for different investment-shemes. All about 1% per day is HYIP and all over 2% is (mostly) scam in my experience. Sure HO is a HYIP but no Scam as long I´ve invested there, because I got allready a very high ROR.
(My real Rate Of Return you can see, if you have a look to the price of BTC over the last 8 month. Then add my bonus-KHS from refferalls in the HO-Top100. More than 1% from Refs ... plus 23 Cent/KHS price in own investment, you know? ;))

Investments in that class need a lot of money able to renounce in worst case. But the principle is allmost the same if you invest 6.20$ or some $k.

PS: I have a lot of BTC-adresses - cold and warm - and I would be an idiot to post them in public. ;) All my public links lead to free fauchets or REAL exchanger, so nobody will loose a fuck*** cent, because i love that curencies and dont want anyone to loose "real" money [FIATs] ;).

best regards

This is a never ending topic...
all will say its a ponzi, but will still invest and get profit..

More we talk about this topic, more it will benefit hashocean

You are right, Soya! As long HO will be feeded by fresh investors, as long we will earn a lot of BTC. ;)

This site is ponzi
and will always be ponzi
lol data center, it tought it call mining farm

I promise by god, allah or krishna: I have never worked for HYIPs, Ponzies or Scammers! I only have used them as "User" to pimp my crypto-wallets. ;)

Ok, call it Ponzi, HYIP or whatever ... I got my ROI  :D YOU could get your ROI too, if you see and understand my former rules and dont be greedy. ;)

Thanks for answer.
So it is most about your experience and feeling :)
Lets take two examples:
https://otiis.cc - around 1% per day, so most likely it is HYIP and it is option to big invest ($50k)
https://bitminister.com - even up to 5% per day - so ROI is to high - it must be scam
Do i get your point correctly?

About BTC address, you don't have to show us all your addresses, it will be fair enough, if you change present address in HashOcean, and in two - three days you will show us clean address only with two- three transactions with daily income from HashOcen.

Maybe i'm that stupid, but i really do not know who i need to trust right now.
I never invested any of my real money into HO, only from faucets.

I feel myself such a noob ::)

maybe its too late if you want invest now but its up to you!we all have made roi with hashocean and they still paying until now and maybe forever! :o  :D
btw if you want join hashocean sign up under me.ill give you some gift lol

I already signed up to HO 2 months ago, and have 70 KH/S at this moment.
But want to increase that, so i will probably invest from faucets. But thanks.

Caution, HashOcean is an old Ponzi HYIP scheme, the site can closes any moment. If you send your money to them, there is a high probability to don't receive it anymore. If you already invested there and want to invest more, would be better if you use the HashOcean payments to invest again, so you don't lose your money if the site closes.

If you already invested there and want to invest more, would be better if you use the HashOcean payments to invest again, so you don't lose your money if the site closes.

Can you elaborate above statement?

how it works?

The guy above has 70 KH/s there. So he has already an income from the site.

He wants to invest more money on HashOcean, but there is a high risk because the site can closes any moment.

But he wants to invest more anyway, so better to use what HashOcean pays to him to reinvest. This way he can recover his investiment and use the Ponzi payments to reinvest, without losses.

*I'M NOT ENCOURAGING HIM TO INVEST HIS MONEY ON A HYIP SCHEME. I'M JUST SAYING BECAUSE HE ALREADY INVESTED HIS MONEY THERE.

I didn't know that definition of reinvestment is so difficult ;) but i found it:
What is 'Reinvestment'?
Reinvestment is using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash.
;)

LOud and Clear

Ohh ok, thanks for the tip.
I think i'm not going to invest my own money in it anymore (from faucets), and will reinvest from HO itself.
Do not want to risk it, so thank you.
Btw, sorry for my bad English

The guy above has 70 KH/s there. So he has already an income from the site.

He wants to invest more money on HashOcean, but there is a high risk because the site can closes any moment.


70khs is way too less to get ROI