Bitcoin Forum

Economy => Scam Accusations => Topic started by: fruitfultrader on April 08, 2014, 08:53:23 PM



Title: Bit-mining.co stay away, it's a scam!!
Post by: fruitfultrader on April 08, 2014, 08:53:23 PM
Hi there, just wanted to share my experience here and I hope will save people some BTC or LTC. In the last few weeks I decided to test Bit-mining.co and it was obvious this website has a number of issues. I will try to summarize a few:
- Trading history not transparent, it makes easier to deceive users and make it difficult for them to keep track of transactions
- They discourage withdrawals by making them slow (it takes days to transfer BTC or LTC from their website)
- high Fees, by doing some math if you purchase GH on their website it will take almost 900 days to make back the BTC you invested, it's slightly better for KS, only 250 days!!
- the other issue is that often if you purchase GH or KS your BTC or LTC will be spent but you won't receive anything no GH, no KS. This happened to me personally and after waiting days for the issue to be solved (I contacted them by email) I decided to ask publicly via chat and the result was that they banned me from the chat

I am not the first one to have bad experiences with them, I just wanted to be another voice in the crowd and I hope this will save time and BTC to other people


Title: Re: Bit-mining.co stay away, it's a scam!!
Post by: Ron~Popeil on April 10, 2014, 06:39:43 AM
Same here. Deposited .149 bitcoin for scrypt khs on 3/31. Never recieved the khs and all of my emails and on site messages have been ignored.

Many others have experienced the same thing:

https://bitcointalk.org/index.php?topic=351935.0



Title: Re: Bit-mining.co stay away, it's a scam!!
Post by: kimmel on April 12, 2014, 01:35:41 AM

Ok, the web is back up and seems they changed hosting to amazon

now what??  :-\

Any withdrawal coming soon?


Title: Re: Bit-mining.co stay away, it's a scam!!
Post by: fruitfultrader on April 13, 2014, 08:42:15 PM
I don't know, I still did not get what I paid for. It's a pity because now that CEX is getting greedy and raising fees I really wanted to see some other cloudmining website picking up


Title: Re: Bit-mining.co stay away, it's a scam!!
Post by: LorenzoMoney on April 19, 2014, 01:49:16 PM
Bit-mining.co is up, but nothing on the site works.

All emails sent to support@bit-mining.co and contact@bit-mining.co are getting returned.

If you have any information on the name and identity and location of the owners of the site, please provide them.

You have lost all your money and it is time for legal action.


Title: Re: Bit-mining.co stay away, it's a scam!!
Post by: Moedas :D igitais on May 05, 2014, 08:08:19 AM
That is amazing!
There are scams everywhere, with e-wallets (nmc-wallet.com for example), bloody HYIPS scams, ponzi scams and now even on mining ?

Truly amazing!
What I've learn so far in the bitcoin world is:
Before singing-up to a service, before sending your money, before doing anything... WAIT!
DO A GOOGLE SEARCH ALWAYS WITH THE WORD "SCAM" IN FRONT. IN CASE IT STILL LOOKS SUSPICIOUS, WAIT A COUPLE OF MONTHS.

Amazing...


Title: Re: Bit-mining.co stay away, it's a scam!!
Post by: Moedas :D igitais on May 05, 2014, 03:21:50 PM
for future reference... it might help someone

http://www.badbitcoin.org/thebadlist/index.htm#B



Title: Re: Bit-mining.co stay away, it's a scam!!
Post by: Ron~Popeil on June 11, 2014, 08:48:14 AM
Any updates on this? I assumed a while back my currency is gone. Has anyone heard anything?