Bitcoin Forum

Bitcoin => Pools => Topic started by: kathiresan on November 24, 2013, 06:38:56 AM



Title: is bitclockers a scam
Post by: kathiresan on November 24, 2013, 06:38:56 AM
i long time bank i use to mine is bitclockes and i had 1 btc in it then there was some problem in payout.but now i cant access the site. are thay a scam?
any one has any info on it?


Title: Re: is bitclockers a scam
Post by: organofcorti on November 24, 2013, 07:21:06 AM
I think they were scamming a while back:

Quote
Neighbourhood Pool Watch 1.5: Bitclockers.com summary (http://organofcorti.blogspot.com.au/2012/03/15-bitclockerscom-summary.html)    Starts here (https://bitcointalk.org/index.php?topic=66026.msg779543#msg779543)

Neighbourhood Pool Watch 1: No-one should mine at Bitclockers (http://organofcorti.blogspot.com.au/2012/03/no-one-should-mine-at-bitclockerscom.html)

I gave Bitclockers.com an opportunity to explain themselves on the bitclockers.com thread (https://bitcointalk.org/index.php?topic=10127.msg760406#msg760406) with no answer to my concerns. So I've decided to post what I know about how they are underpaying their fulltime miners.

From the post:
Quote
if Bitclockers.com are reporting block solve times accurately, they are underpaying their miners by about 21%. Since they have claimed they actually are reporting round lengths correctly, the only conclusion we can draw is that fulltime miners at Bitclockers.com are receiving only 79% of what they should be paid. Who's to know how long they have been doing this?

and
Quote
So here's my first rule in choosing a mining pool:

organofcorti's first rule of Bitcoin mining : Do not mine at a pool that publishes false statistics.

A corollary of this is:

Do not mine at Bitclockers.com until they disclose their actual records.


Title: Re: is bitclockers a scam
Post by: kathiresan on November 24, 2013, 08:28:09 AM
is there any way to get my btc back?


Title: Re: is bitclockers a scam
Post by: organofcorti on November 24, 2013, 08:41:53 AM
I think you'll have to wait and see if the site comes back online.


Title: Re: is bitclockers a scam
Post by: psyclon on November 24, 2013, 09:18:41 AM
I think you'll have to wait and see if the site comes back online.

I know that feel, same happened with bitcoin-24. it never came back to functioning again.