Bitcoin Forum

According to the asicbit.com web site, this is a Simulator of Bitcoin mining, a game: "After the registration, you get into the server room, where four ASIC are situated... Every block mines a certain amount of Sathoshi... And of course, one is able to earn real money here. The funds from the inner game account can be withdrawn to your Bitcoin wallet."

Well, they are liars and thieves. They will not let you to collect enough Satoshi to get above the minimal withdrawal limit. As long as you upgrade you mining machines they will let you but when you want to accumulate some Satoshi in your balance suddenly the mining machines start to break and they will take back all your profits to repair them. Sometimes, although the broken machine is under warranty, when you repair it your balance is reduced. Liars and thieves...

Unless you enjoy the game, don't waste your time here. You will get nothing for the time you spend here.

It's like a thematic faucet which you can upgrade to earn more, no?

I didn't know about this site, never saw any report about it. Even you are saying it's a waste of time I will take a look on it. They are using Adsense, they can have a good income of money to pay users.

But I must admit, if they didn't create a thread on this forum to promote their site, it can because they don't have genuine intentions with that.

What, you re surprised there is no free money? Damn, that s really strange.  ;D ;D

Sorry to be sarcastic bud, it is like that in life. You have to really work to make some money. If money would fall down from the sky, we d all be millionaires by now.

This. And the idea of the site being a "thematic faucet" that you upgrade to earn from... just think about that for a second and it'll click why that's clearly a lie.

Well, it really works like a faucet. There isn't deposit option, their income come from adsense. The earnings are low, the referral comission is 1%. I don't know if it's scam, I will try and give my review.

And there are thematic faucets (upgradeable) paying their users without problems, it's not much, but they are paying. There are honest people in micro earnings industry.

Those faucets run under the pretense that you will actually profit at some point. It's like cloud mining: even if the business you buy from doesn't flat out steal from you, you've still lost money. You lock yourself into a losing situation, no matter what the site does.

your mean your want open investment cloud mining
but not real mining
only game client deposit, money your control, and then you run away bitcoin investor
because not real mining, only pay use another member , or ponzy scheme

I haven't tried them personally but investing in something like this in hope of earning bitcoin is out of my option. What you have described sound more like they are running cloud mining in background with face of mining simulator or faucet.

it is a faucet ,they have several ads on
google adsense and a few others
none in his right mind would invest his money into a site like that
but even if you don't invest money,you invest your time clicking and playing and if it is all for nothing...pretty disappoining,huh

I ever tried something similar like this one when i was newbie, so it's kinda like ponzi site yeah they paid their member on beginning after their member deposit their bitcoin again they turned to scam and then build another site again. You will find lot of site like that on bitcoin's facebook group they're spamming whole groups that's why i leave those groups.
Well if you want to make easy money since you are newbie here, i recommend you to join freebitcoin ( though i bet that you've joined ) untill now i still received payment from them,yeah passive income i have some referrals this is quite fun.

Moreover, the site is so poor, this is low budget scammer lol.
This ponzi scheme type actually pretty a lot out there, they offer you free ghs which mean this actually just a number there's no mining activity, until you got a balance with reach minimum WD, but you ask to deposit fund/buy some ghs, obviously they will not paid you.

Work for Bitcoin  (https://bitcointalk.org/index.php?topic=985550.0)is make sense.

They don't say they are mining anything, it's a game. Even they don't ask for any deposit, there isn't this option.

The maximum you can lose with this site is your time clicking and upgrading your simulator Asics. I think nobody knows yet if it really pays.

faucet or whatever
Just for few cents.Nobody will really give you btc for free to be honest.
Why would they?They are not really a scam,just a faucet with low payout.

I know the game looks nice, and well i can spend some time over it, i had improved one miner to 17 satoshis hour, and the others 3 will keep the same way, i do believe in one day i can upgrade the others 3 ones, this is a strategy game for what i had saw, and well big rewards will come only with time and dedication, since cant invest into the game nothing besides time.

I feel your pain Op as you feel deceived by their empty slogans and promise that you will earn real money.
But have you really thought that you will be able to collect enough money and profit from this game?
There is no game (at least as I am aware of) where by playing you can earn bitcoin on a level higher that mediocre faucet offers you.
AsicBit is a game and should be treated like such, complaining that you can't earn money by playing is pushing it IMO.

17 satoshi per hour... at that rate, one miner would take 7 million hours to earn 1 BTC. Or 333,000 days. Or 100,000 years...

You would be FAR better off doing something else with your time.

These guys are just some scammers with a higher level of intelligence comparing them to the cloud minings admin sites. The cloud minings website are out of fashion now and these guys have come up with a nice thematic to rob people of their time and money. I am sorry for you OP but as others have said , it's better to really work for bitcoin in data entry websites or xfreelancer rather than lose time and money with these guys.

you worked for them and you were not rewarded.


I suppose they make these schemes disgusting so people will believe that when investing bitcoin on the site everything will be different. but you will not be paid.

People today prioritize money above anything, they do not mind hurting others, as long as they earn money, that's fine. Very sad

There is no option to invest. Also there is no option to contact admin. Only spend time...

Did you stop using this site?

I'm there since that day you created the thread. Until now the progress is going normally... I upgraded the storage capacity of the asics, upgraded the production of two asics and now I don't know... Maybe I will upgrade power supply again.

You said the asics broken, but until now they didn't broke here, how long did you play this?

I don't think we really should continue to complain about simple game based on bitcoin mining - it is more like a faucet disguised as a game, and isn't even advertised as investment of any kind.
If people can't understand purpose of this game (having fun, faucet level profit) nor are capable of realizing that this service won't bring them REAL profit; then it is their own fault for wasting time on it.

And now you have your answers that the primary motive of sites like this is to SCAM, they won't allow you to withdraw what you have accummulated giving bogus reasons in which I am sure that upgrading will require you to deposit some coins to do. Same thing I witnessed some months back, after depositing to upgrade, the withdrawal function became deactivated ASAP.

I am on the site since Nov-16-2016. Entering from time to time but never being able to collect more than 1000 Satoshi. I upgraded all four computers to all that's possible for Socket 1 except the CPU, unable to collect enough Satoshi for this. Then the computers start to break and they took almost all of the collected money to repair them. Sometimes even when the computers are under warranty they take money to repair them. Bottom line, never being able to collect up to 1000 Satoshi to upgrade the computers more. Not talking about 10K Satoshi to withdraw...

It's true, now I'm facing the issues... Too many broken machines and the repair cost is too high. One machine generating 15 satoshis per hour broked and I need to pay 350 satoshis to repair. Three machines broked in a little more than 1 day, I think it's time to stop with this game. It really doesn't worth. The proposal is good and the game is nice, but the owners are too greedy to reward their users.

Well, agreed, time to stop with this game. The owners are rewarded by the ads on the site but don't think they should reward their users for this.

No payout at all...

You won't be able to upgrade to come close to that "big rewards" stage. See other posts here...