Bitcoin Forum

A lot of users starting to accumulate with non-payments for about two weeks now on cloudmining website.

Same thing keeps happening and it seems a few older users noticed. The website automatically turns on reinvestment instead of paying you after you've been a member a long time.

When you complain in the main board, [user] support, whoever that may be, moves all the complaints to the grudges section.

The number of individuals this has happened to in the past 2-3 weeks is astounding. Warning to anyone thinking that this was not a Ponzi, it is looking like it may be so.

All the same, complaints are getting moved from the main support board to this one named grudges and complaints. None have a response: http://forum.cloudmining.website/viewforum.php?f=8
[The board is hidden to guests thinking of buying a contract. You must register to see it. Very fishy.]

Request: Feel free to move to forum services discussion.

it is already a ponzi, they even allied with the eobot.
idk where to source but most of us knows what that site just did.

what about the campaigns that they had ran here  will that is also a scam?

After GAW and LTCgear I keep away from new cloudmining companies.
If you search this forum on their name you will find many users asking them for proof about actual equipment etc.

So to me it is not a suprise they are falling. in the ent they have to to make their profit.

Why take risk? I would sell everything (even with loss) and move my bitcoin out.

Maybe you can hold 10% of your investment there.. just in case. but getting your money out should be your main priority now..

Not gonna happen, it's been stop paying approximately few weeks ago
So yea, your money is now stuck there without any mean of retrieving it back
Best to do is now asking support for your money and hope they are on a good mood ::)

I have never had luck with that company, i'm not suprised this happened.

In case anyone doesn't feel like logging in to look at the hidden board I screenshot it. All the complaints in bold are the same.

Instead of repayment, veteran users accounts automatically reinvest their BTC instead of paying it to the address.

There are five new complaints this week alone all identical. The main person who runs the board moves all these complaints to the one hidden board on the site, which ironically is called "grudges and complaints."

(Sorry it's crass, not the best photo editor)
Screencap : http://imgur.com/RYULniz

The obvious cloud mining ponzi is finally running out of money?

The only shocking thing is that it was able to continue for this long.

A ponzi is destined to collapse... Should have known earlier.

They're selling out so none of their are in good mood, just expect nothing even if you yell all your might to them.  Read most of thier web pages and seem ponzo to me from the start.

They still have a signature campaign running on this forum though  :-\

Wow, they are really collapsed. Look at their reason for no payouts this week from their twitter:

https://twitter.com/cloud_mining_

"Due to increased cost of support & maintenance, most of the miners have run into loss for last week. Hence payment has been halted today."

Forgot to mention the other reason no one is getting any return because it's a scheme.  ::)

(Note: They are still accepting new payments and users, too. What disgusting thieves.)

Only one month ago they were giving 20% extra free if you bought 1 Th/s, now stopped paying.
Now added "maintenance fee", according to latest tweet, but not paid on schedule.

Damn imaginary miners. So costly to maintain.

it's pretty much dead i think
the owners rarely log in to his account anymore
and if needed, mods can stop the campaign if it's still active and became troublesome :P

I think it is enough said here that almost  all cloudmining websites are potential scams.
Chose the best ones...and you will make good profit.

... says a ponzi promoter. Such legit.

How can you even consider even investing with them.
The site was a clear ponzi/scam the moment they started.

Honestly I don't feel sad for you.

HAHAHAHAHAH!!

Bro, those imaginary miners are getting so expensive though!

I love the excuses now, such an obvious ponzi. They paid for way longer than I had thought.

Feel sorry for anyone who just bought : //

Hopefully enough people aren't buying into this last bit, they are obviously trying to squeeze everything out with this "2016 price increase".

If only there was a distributed ledger that the public could read that could tell us exactly how much was mined by them.

Something like that would be neat.

I can't even get onto their website. Says my IP range is blocked :P

Yeah they use cloudfare so they prevent you from accessing their site if your IP has been reported.
If you use tor (built i VPN) you can browse the site though.

Everyone is getting IP blocked who is complaining or calling them out as a ponzi collapse.

All cloud mining monitors have them as non paying, fortunately good community here pops up in google results when you search them so I don't think they are making off with too much.

I also imagine most people turned off with "2016 hashing increase" and not many orders going through. Just keep up the warning guys, scam officially.

http://www.cmmonitor.com/ (Cloudmining.website is second one down)

Yes! Run your site like a Ponzi, whereupon you'll continue to profit for at least a year before Investards catch on to your scheme.

In case Leroy Fodor ever wants to quote me, ...

To be honest i am not sure why they even make an effort to ip ban people.
By now most people know they are a scam.

I even saw some tweets about them

P.s Thanks for that site. I didn't know it.

Now let´s see how long these guys are online with raising diff  ;D

I was curious to play with the site after reading all of this and wanted to share something with you guys.  As it would be free, I went to the site to register and see what was what.  The registration page asks for a BTC address, a new password, name and email.  After about five failed attempts at signing up I thought of something.  Each time the website would kick back an error saying to use a valid BTC address.  I was doing that and then I thought, "Wow, nice way to phish for passwords".  Think about it. Most people have two of three passwords that they often use and a few variations on each depending on what format a site wants.  So, you go here, give out your email, BTC address and use one of your patented favorite passwords.  The site logs these and then kicks back an error, you try a few times and leave.  The site owner now has a list of emails with possible passwords for those email accounts and a BTC address that may have come from an online wallet with the same password you just logged or in rare occasions you have the password they used for their software wallet. 

Might just be that the site is ready to shut down and run and they do not want new users and at the same time do not want people that can't sign up alerting the world that the registration is closed.  However it could also be more, as this is the behavior that I have seen from many websites.