Bitcoin Forum

Hi @,

Please take care ... don't invest in any mining plan at http://www.timetobit.com

timetobit is a scamming site ...

I invested in a 10TH/s plan, received 6 payout and then nothing ...
Tryied to contact support with several mails, no answer, nothing, chat function always offline!

http://www.timetobit.com is a 'SCAMMING' site ... DON'T invest!!!!

Cloud mining is not a logical business model in general. You are paying money to receive money over time. If they make a profit, you don't. If you make a profit, they don't. It's better to just buy Bitcoins directly and hold them.

OK thank you for the info.
I'm sorry because of your lost.

Never ever invest in cloud mining at all.
It's better to buy your own rig.

Dont invest in mining in general, it doesnt matter if its local or cloud.
Reason is obvious, its simply oversaturated, and mining currently has become an industrial operation, there is no profit there for a small player.

And while mining rigs are a bad choice, i agree that cloud mining is even worse; you never know when they will dissapear

all investment systems do have to be careful, so of course there will be a large or a small risk will depend on the percent who can.
usually the greater the percent profit in love faster scam :)
and the percent of profits a little but its usually a long period of time :)

I feel sorry for your loss, 10 TH/s mining plan is a lot of money, I guess it costs around 20 BTC, right ?
Well, to let more people know about this scam, I think you should also post your thread at scam accusation section here https://bitcointalk.org/index.php?board=83.0

I am sorry that I saw this too late - I too have been scammed by timetobit. 

Subscribed for their 1TH/s plan, and the payouts remain as 'pending'  with no response from support when emailed.

I then tried contacting them from another email id posing as a new customer who came across negative reviews on a forum and is anxious to join them, and they promptly responded that they have 'never wronged any customer' etc.. 

So somebody is THERE, but they just have set the bait and are waiting for people to fall in with their bitcoins.  I'm going to campaign against this scam, posting about them wherever I can.

I've just come across your post about TimeToBit and your thread in the Scam Accusations section here : https://bitcointalk.org/index.php?topic=744692.0

Hopefully they're simply having some kind of a problem just now, surely this can't be a second "scam setup" so soon after Lunamine ?

I've added some information to your thread (which is easily found on the internet).  They do seem to have a "company" in place.

Thank you, I have posted a reply on that thread.  

All the pointers favour the conclusion that timetobit.com is a scam site - I feel it might probably will disappear, once they see all this!  

But it is hard to understand what is actually going on.  

However, if they have some sort of crisis, they could reach out to customers on this forum, their Facebook//twitter page etc.  

Nope, this is something deep.

timetobit are scumbags! CLOUD MINIING IS A PONZI