Bitcoin Forum

Hello everyone,


We're excited to announce a new cloud mining project designed to meet the needs of our community. As a core team member, we value your input in shaping this project to exceed your expectations.


We're particularly interested in understanding what features and benefits would make you choose our platform. While pricing is important, we also want to hear about other factors that matter to you.


Our data centers are located in different locations, and they are all brand new, and the hash rate will be available only for renting (no hosting), we prioritize security and reliability, implementing high security standards to protect our users data and ensure consistent hash rate delivery.


By the way each user can monitor his current hash rate and its history throw user dashboard and there will be no minimum payout limits and it will be only the network fees which we cant control ( If there is any suggestion about payout system we are listening ).


Note : Each users hash rate will be calculated 24/7 to insure that any down time is calculated and compensated.


Thank you for your time and contributions!

You wanted to build a mining pool before, but you went for cloud mining which are usually done in a way that investors will lose. Many of the cloud miners are not actually cloud miners but a ponzi scheme. If you love your account, do not include any cloud mining link and stop looking for ways people will fall for your scam. Any further approach will get your account negative trust.

Ok there was a project about a mining pool and we didnt continue you are totally right but you cant say its a totally scam while we as a team are hearing from everyone suggestions !!

Anyway thanks for you being worry about peoples and how scammers are insane lately but this isn't a scam and its not a Ponzi scheme, This is a real project we working on so hard day by night and our focus is in security and how users will be sure about there investments and can monitor it as we do.

Best Regards

It's pretty bad that is not a good idea to start a cloud mining project because all people here know that all cloud mining are scam.
There's no way to prove that you own hardware or have a data center in a different location it means we are mining on the cloud mining with no real hardware and fake numbers.
No one would trust a cloud mining project even if you tell us it's not a scam because we already experienced the same thing they said they are legit and not scammers but in the end, they never pay people who bought hashrate on the site.
So do you think we can trust you?

There is always a way to prove real things and our way is showing our data directly from the selected pool so our deal is to publicate hash rate of each miner so users can monitor through 2 ways his dashboard and through the pool for miners assigned to his account (if his paid hash rate exceed available single miner hash rate, he will monitor multiple miners).

Pool name will be announced once the project is live and yes the pool is well known and famous.

All I see is buzz words and marketing blabla. I guess there are no technical people around in your PR-office?

Sure I can: cloud mining is a scam! If your mining would be profitable, you wouldn't need my money.

That's literally what every scammer says.

You are excited to announce cloud mining project because you weren't satisfied with mining on your own, did I guess it? The purpose of every business (except charities and non-profit) is to get maximum financial benefit. Definitely, if you decided to launch a cloud mining business, it means that this is more profitable than mining on your own and it creates a clear picture for me to understand that I shouldn't invest in your service.

@LoyceV, you nailed it :D

nearby any "old user" in bitcointalk know very well that the world "cloud mining" has the same exact meaning of "scam".
Why? Because there is no profit at all for the buyer... but this is happening since a while (at least 7/8 years).
In the past there was cex.io offering this service but at a certaing point as I told, it become not protable and was closed. So if You are able to perform better of a CEX ... I have some doubts ... there is no chance to give for free extra profit ;)

It's hard for me to believe that someone still has such ideas today, because cloud mining has long since ended up in the scam category, and happy are those who only managed to get their investment back. No matter how you set these things up in the end it cannot be profitable for clients even if there is an actual mining farm (which actually mostly doesn't exist).

A long time ago, mining (at least the serious one) became a job for big and rich players, so people should realize once and for all that they don't waste time and money on such things.

By opening this discussion, You are testing if your cloud mining project, which we believe is a Ponzi scheme. will have good acceptance by the community, but unfortunately for you we have seen hundreds of cloud mining that are 100% Ponzi scheme
We are 100% sure that it is a scam because that is how scammers defend their project by telling people its not a scam, if this is not a scam you will not create this thread and will just create an announcement thread, but the biggest question is why create a cloud mining offer when you can just keep the profit.

Video of you walking in that datacenter with all the miners with a piece of paper with your username and date for starters!:D, then we can talk seriously about the "project"! Second, why don't you say some numbers, that would be interesting, I'm quite curious how would pinn numbers for those to look profitable nowadays and at the same time explain the reason you're renting it not using it yourself.


That will be ....after payment, right?  ;D

Wow a lot of offensive replies to the project !!

Anyway i hope this reply will answer most of the questions :)

Before we start working on the project we thought about the scamming issue and how to prove that our project is not a scam and we came up with multiple ideas one of them is the videos and the pictures of the data centers but the main idea was the deal with the famous mining pool that will co-operate with us.

Now is the answer of the most famous question ( if you are getting more money by mining why do you rent them !!!? )

Let me answer this question clearly mining is an investment and there is no any investment risk free so (the lower you gain the lower risk you face) i think everyone agree with this, what we do actually we are cutting off a part of our future profit to get them now instead of facing price and difficulty changing which is considered as mining risk  and expand our data centers faster and let more users worldwide able to mine from countries that they cant mine because of the (electricity cost) and because our electricity price we are getting helping us a lot so getting 1 year mining profit in advance with an acceptable cut off will let us able to expand our data centers ( Hash rate ) rapidly.

By the end i hope that i answered your question guys and please be assure that we are not scammers and ready to answer any question with pleasure..

Best Regards

Less talk, more proof!  ;)
I seriously don't understand this, every time I ask somebody about a picture and stuff they start saying we will do it, we will arrange it, wait for it, for god's sake I've done 100 pictures of me installing two fans, and 5 gears, we're talking here about a data center and a collaboration with a major pool and you are still talking and now showing a thing?


So it's not just one, you have multiple, and obviously, they're running as you don't have them on hold waiting to get customers from BTT, so, how hard it is to show proof of it actually existing and stop wasting time otherwise?

Thanks for your reply again and as i told before we are still building the project and we are not ready yet for anything we are just collecting ideas and expectations to match up with what miners do need actually.

We are not convincing anybody to take any action we are just seeking for information's and since yesterday we considered the most major thing to work on is proofing that we are not scam and for sure we gonna do that in multiple ways.

So please if anybody have any idea to share and discuss we will be very happy to do that.

Best Regards

lol, Cloudmining has taught in this forum that it isn't a profitable venture and most of them end-up as a scam or the company closing the service. Also I doubt you could afford to run the miners because electricty prices are rising.

Cloud mining is not sustainable. You will get diminishing returns on hardware that you rent online, because this is the only way the provider can otherwise make a profit and pay off their own gear.

In other words, there are no data centers, mining devices, contracts for the supply of electricity, cooling, monitoring... So only an idea in someone's head for which a few hundred thousand $ is missing...


Until you have concrete evidence that something really exists, it would be best not to promise anything, because that way it just turns out that you are not telling the truth. However, even if everything you wrote in the first post is true, I would not invest in such a project if I were drunk, drugged and someone was holding a gun to my head - there are much smarter ways to spend my money.

There is a data centers and they are running smoothly but the hard part is the platform itself the way to assign users to the miners and calculate the hashrate and also implementing the pool with our code to get the pool live data available with alot of other backend + frontend stuffs and yes this what we are working on currently and until launching our project the datacentrs going to be expand we are investing our money and time to make something almost perfect.

Please dont nobody is pointing anything to your head cool down dude, for the evidence yes we have and alot but we wont share them for a purpose which is ( Its not the time to do that ) and you will have the right to ask for them when the platform is ready and we are advertising for it and believe you will not ask because it will be available for everyone :D



Thanks for your reply, dont worry everything is calculated very well for both the users and the team its a win x win situation we are cutting of long period proft to shorten the period and user is getting the hash rate for a decent price.



Thanks for your reply, you might be right in your region not everywhere dude and please read the other replies because i already answered how we are not a scam and have good one :D

This is not something new I have seen hundreds of these when cloud mining was sustainable back when Bitcoin price was affordable, now it's so easy to set up cloud mining without hardware all you need is a script like this one
Fake the images on your homepage to make people believe that you have hardware and a location.
If you are really into mining, forget to offer a cloud mining plan and just mine and keep the profit; stop telling people that cloud mining is still profitable.

I don't know what multiple ways you mean, but just take note that you are not going to be able to prove anything, so if that is what you intend to do, then you better put your time to better endeavors, or just mine without other people's money since you claim to have hardware and more than one data center. Cloud mining is a scam, and only naive newbies can fall for it, there is no use arguing your case here.

You shouldn't be surprised because there were many scam cloud mining companies and legit ones never offered a good ROI. Hashnest, Genesis Mining and years of experience have proved that all cloud mining contracts are unprofitable or in the worst case, scams and ponzis. While I'm saying this, keep in mind that mining was way more profitable in 2016-2017 than it is today. In the old days you could buy a GPU and mine at home, now mining is a commercial business, it's not as profitable as it was before and I think buying a cloud mining contract is a terrible idea today.

Hashnest had a hashrate marketplace. Registered users could buy and sell hashrate of s3, s5 and s7 at any time, it was like Bitcoin trading. I think the implementation of that feature will be good instead of one-time contracts where you buy it and pray that you'll profit or won't get scammed.

For sure you already notice how people approach on the project you are promoting since we already experience a lot of cloud mining scams here. So don't expect that there's someone will say something good about cloud mining since so far none of those kind of projects sustain since usually all became a scam.

Even if you say calculated still that's not enough word to make people believe since cloud mining is over used methods that's why I believe there's no people here will show some interest to invest in this project.

People from this forum already know what is the real happening on cloud mining schemes so we can assume that this is failed attempt here.

I don't think you understood where I was getting at.

Of course, you can calculate the proportion of the hardware to buy and where to place it and for how long and at what electricity rate to run for a particular amount of time, but the problem here is something that the miner has no control over of. It is the coin price.

Let's say you are mining DOGE and it is currently at $0.12 per DOGE but then 5 months later after the mine starts it goes down to $0.05 per DOGE because Elon tweeted some dumb shit.

Now you and your users are effectively mining at a loss and what is worse is that there is no guarantee that the DOGE price will go back to the original price, let alone when.

For cloud mining, hardware is not required at all. It is enough to have a script that will show users some data and numbers so they should believe that some devices work for them.

If you have calculated everything well, why not share your calculation here, I'm sure there are members here who are familiar with mining, equipment and eventual ROI. If nothing else, it will show you in the right light, and you just might get some good suggestions.

any user that understand how mining works, really hard will join a cloud mining project. thats why most of the sites are offering a "ROI" fixed .
Well, since all of them are not able to beat prices of bigger players likewise https://www.nicehash.com/marketplace they can't run a legit business and just have a scam site.
You can't calculate anything related hash power needed.
Normally this is a value that is going only up. If you hope to be in profit (hence you don't know when and what are difficult improvement) you are completely wrong and it's better avoid to offer any service like this.

I know that cloud mining isn't something new and most of it is scam you are totally right just like alot of shitcoins, what really i want you to understand is not everybody is scammer specially when everything is explained very well but anyway we are sure that our plans will be profitable for both sides and we wont use this script XD and as i told before hashrate will be provided from the famous mining pool and the user will be able to monitor his hash rate in both ourside which means his dashboard or from the pool page and we will not stop our project because numbers never lies and we do know what we are doing.


Hello thanks for your reply.

If you read the answers you will find that we are implementing a famous pool with our monitoring system so that real time hashrate will be available in user dashboard and the pool page.

Nothing scam here dude and please read my replies to find out how we are not a scammers and the project isn't a scam.


Hello thanks for your reply.

Actually im not but i didnt thought that even with providing needed informations still peoples not able to understand.

For the marketplace its a good idea and actually we did talk about it but we moved it as a future feature to be done.

Thanks dude.


Hello thanks for your reply.

Please go and read my previous replies well so everything is explained very well.

I know that you guys faced alot of scammers and most of cloud mining projects are scam but ours is not a scam and everything is totally real.


Hey,

I already explained that before that this is mining risk which are difficulty and coin price and this nobody can control it even if you bought a miner and run it at your home !!

The main problem in this thread is proving that our project isnt scam ponzi etc..



Hello, thanks for your reply.

please read the previous replies in the thread and calculation isnt something to be shared bro  ??? but dont worry both sides are covered well i mean users and team nobody gonna theoretically be in lose spot and i mean by theoretically the BTC price and mining difficulty.



Hello, thanks for your reply.

If you went through my replies you will understand how any miner will do his best to never miss our project available hash rate if the our price is way less than his cost mining at his home or any other locations locally.

Please read my previous replies and how we calculated the benefits of this project.

You have expected those coming to you and you seem to know the history of cloud mining projects and that's why those offensive replies to you are coming. To be honest, showing videos and pictures of your data centers doesn't click the idea as many of them, whether real or not, won't justify that you are legitimate because anyone can grab that or have someone to hire and have it handed to you. But if you're going to prove something such as that partnership with a famous and reputable mining pool, then that might give a change to our heads about your project although it doesn't guarantee the thought of being tagged as a cloud mining project, thoughts coming to people's head is that another one might bite the dust soon.

Hello, thanks for your reply.

Yes even though before we check the real history of the cloud mining any new online project is facing the scamming issue specially "Crypto" and how to solve it and there is always a way to do so we are doing our best daily to increase the proving and decrease centrality so we can reach the maximum transparency possible and success.

You have been repeating the same thing in this topic, what you are simply saying is that people should trust you, without proving why you should be trusted. You have been told how cloud mining is a scam, if you think your project is different, then post things that prove it and if you don't have any proof or you claim that your project isn't ready yet, then lock the topic and come back when you have something tangible.

Hey, Actually what im saying is that not every thing is scam yes we should be carful but within reasonable limits anyway the purpose of this thread isnt to prove anything its actually for listening to ideas and expectations to improve user experience.

Thanks btw for your reply dude.

Well, if you're keen on doing that then I'd just wish you luck because that impression is hard to change to the most that has an idea about it. So, just like the usual move of those scam cloud mining, their main targets are the newbies. And on how are you going to solve that, it's up to you and let the community see if that's going to be genuine or not. As for the bitcointalk community, many are aware of those tactics and I hope that you'll not be the same as those.

We should always trust a random guy offering a legit service that was able to find the secret formula and providing vague responses over the countless experiences of plebs who burned their money on these cloud mining offered by BIG exchanges and mining companies.

OP's entire response could just be summed up as: "TRUST ME BRO"

That's what you get when you create a "project" that was used by so many scammers before you.