Bitcoin Forum

Found this on go fund me seems sketchy sent a personal message and asked for proof of the space ect.
https://www.gofundme.com/profitable-bitcoin-cloudmining

This guy is desperately on getting a free money online, he is using the idea of saying that he will build a mining farm. And look at the catch here, he just used one picture that can be grab through google. And you newbies should stop posting like this about cloud mining, they aren't profitable and don't pull yourself into scam.

ok first of all i just want to know what is your purpose doing this?
you created that account TODAY and the first post that you did talking about 'New Cloud Mining' ??
seriously,are you trolling or something in here ?
visited that link and all that i got is a shitty picture,A Single picture about a miner.
it's like he/she asked people to send him/her a money for free.
what is the benefit,where is it and who is it ? he/she did not mention it at all.

all that i can say it's total bullshit.

i prefer to avoid this kind of bullshit or whatever you guys called it

Note : He/She was asking $100.000 ???

The guy wants to create a  cloud mining company and needs $100.000, he did not say at least in which country he wants to start such a cloud mining company.

I doubt he can get those $100.000, the best he should do is make a loan in the bank (in my country is very complicated to make a loan in the bank because the bank wants guarantees) or ask money from relatives and friends.

No one will finance a cloud mining project. I wouldn't do it. A cloud mining website can be build with very cheap cost but if the guy really want to emulate what Genesis Mining does he need a lot more than 100.000 dollars he is asking. I think this maybe a new sophisticated form of scam.

I think you are the one that have created it. It just sound bullshit and don't expect any cents which you can run away with.

You are looking for $100k which might not be enough for you to fill that 1000 square feet of space with mining hardware.  ;D

If cloud mining investments are very risky and unprofitable, now imagine this "fundraiser" offer...  ::)

But who knows, maybe that is a legit offer... He doesn't offer much in return ($5000 investment - You get your own Bitcoin mining machine for 2 years! 9 th/s!). With $5000 you buy more than 1 Bitcoin and make much more profit after 2 years...

Doesn't look professional at glance, owner is not even verified with Facebook - why doesn't he use a bitcoin lending site where he is least proven on authenticity thanks to social networks.

This product description is horrendous... He doesn't even use complete sentences in the middle. For a gofundme that's supposed to raise 100k, this is a terribly formatted page. Hopefully no one else invests in this. Also a couple of red flags for this fall under the mining power he offers. He also claims that he can give mining power for a lifetime which is utter bullshit. No one is able to sustain something like a mining rig for a one time payment. These prices are way too fishy. If there's any way to get this shut down, we should try.

Bitcoin mining? never speak of it again, not only it's not profitable but you'll lose your initial investments, only possible and profitable Bitcoin mining solution is by being a miner manufacturer with access to the cheapest electricity.
If you want to mine alts then again cheap electricity and large investment to host a large mining farm, first of all if some body has 100K they could start their own farm not maniac to give to someone else to do it.

There are too many people right now are making cloud mining site because they can't make ponzi scheme site because there are no people right now are looking for investment plan or ponzi schemes ..
And they will hardly to promote those cloud mining site just like this time we are seeing newbie here and promoting their own site without telling people that they are the owner who are first time to post the site it means that you are the owner..
This is the other way to promote their own website just to increase the authority of the site and get some visitors..

Another noob asking about cloud mining and that too based on personal message from no where. This is getting crazy day by day and I'm replying to many people that, "no cloud mining isn't profitable, not even if network difficulty is zero"!!! Because no one mine on the cloud sites, they just pose that they are mining the coins. Just ask yourself one very easy thing, how could you trust someone who is claiming you Ives the internet that they will give you ROI within xyz months without providing any state proofs or giving any security. Have they shown you their mining facility ? Have they got the facility where you can visit and see by yourself that they are mining really. If yes then they are legit and if no then they aren't. That's easy dude.

That guy are trying to get bunch of money by fool a lot of the people in gofundme. But there is no one interest to put the money to him. That was a scam, no one will interest to use the cloudmining site in this time. Asy ou can see the result of the crowdfunding is nothing.

Buy you are the real noob caused by not read the thread carefully.  ::)

100k$ goal lol no one donated yet doubt anyone will look at the all details the user has provided for donation of 100k that fund raising campaign is going to fail and cloud mining is not profitable stay away from them save your money.

Well, you did a smart first move, asked for proof. I m sure you wont get anything, no photos, no names, no proof of mining or any kind of mining gear.

Cloud mining is generally 99% scam, there re maybe 2-3 reputable companies max.

"For our design We have 1000 square feet of space in a cool atmosphere."
Haha it looks like they posted a photo of their basement. Doesn't look huge or outfitted with anything capable of sustaining the miners. I could post a similar photo right now ( I have a spare room, completely empty, dry and cool) and say It's my hosting space, ready to receive some miners. And I'm way cheaper, just $80k should be enough ;D