Bitcoin Forum

First off: This thread is not here to state that HashProfit is legit, or to say that they are a scam or a ponzi. I'm simply sharing my personal experience.

;TLDR. Read the log below :)

Hi all, I've been lurking around these forums for a while, this will however be my first thread. I just recently came back to mining after being gone for a year, a lot has happened, new algoritms, profit is down, new services has risen etc. So I felt really lost coming back.

However I realised my current living situation does not allow for the amount of mining hardware required for it to be on the level I want it to be, so cloud mining was really the only option to start mining again, profitable or not.

Next problem, tons of new services. One year ago there wasn't a lot of cloud services, now there is tons. I don't have a good reason for choosing HashProfit, they were just basically the first service I couldn't find much negative about.

Anyhow, here is my log from the first 5 days. Once again, not calling them legit, nor scam, just sharing personal experience.

LOG:
21/12-14 - 1325 KH/s
Expected payout: 0.00957 BTC
Payout:  0.00397850. for 12 hours of mining

22/12-14 1329 KH/s
Expected payout:0.00962 BTC
Payout:  0.00960024 BTC.

23/12-14 1331 KH/s
Expected payout:0.00971 BTC
Payout: 0.00980754

24/12-14 7995 KH/s I invested in quite a lot of hashing power here as the payouts have been very accurate and this is money I can afford to loose.
Expected payout: Hard to judge, was I bought new hashpower in batches.
Payout: 0.01627097 BTC(not really relevant either.)

25/12-14 7995 Kh/s
Expected payout: 0.05836 BTC
Payout: 0.05836350

So for the first few days I don't have anything negative to say, but 5 days isn't a lot either.. I will keep posting weekly updates if anyone is interested, until ROI at least, if I ever get there.. :)


Over 'n out!

There is already an official thread, so there is no need for a new one. If everyone starts a new thread this board will be full of (HYIP/ponzi) spam.

BTW: ref. links are NOT allowed: https://bitcointalk.org/index.php?topic=177133.0

Referal removed, however I wasn't able to delete the thread to post in the official one instead.

Thanks for the payout review. Hash Profit comes at No. 2 by popularity at cmmonitor.com.

Its completely meaningless anyway. I can tell they are paying out just by looking at the money flowing in:

https://i.imgur.com/nJ4qMWo.png

As long as that grows exponentially, the ponzi is healthy and there is no reason yet for them to run away. Of course that can (and will) change quickly.

Hashprofit is not a ponzi and i will give 1btc to anyone that can prove it is,me thinks my money is safe

it seems the website is not available now. 502 bad gateway. are u guys still receiving payouts from.the site

And I will give 1BTC to anyone who can prove unicorns dont exist. Therefore, do you conclude unicorns are real?

Proving a ponzi requires proving a negative (that there is no, or not nearly enough hardware). You cant prove a negative, but its usually smart to make the assumption based on absence of evidence to the contrary. Whether its unicorns, teapots orbiting the sun or cloud mining companies

But since you pretend to be willing to bet, how about a 1BTC bet that within, say,  6 months, hashprofit will fail to honor its contracts?

I will take your bet,but until you come up with concrete evidence of any wrong doing please refrain from spouting your unfounded attacks against the company.If you have a question that bothers you just ask 

And for information regarding the company status refer to official threat

excellent. Who do you propose as escrow?

As for the formulation of the bet, I propose: "Before July 1st 2015, most or all owners of hashprofit SmartMining contracts will no longer receive payouts that correspond to >50% of the theoretical yield of the nominal hashrate of these contracts on the largest scrypt network at that time (presumably litecoin)".

We dont scrypt mine

Doesnt really matter, if anything thats to your advantage because if scrypt mining where more profitable, surely you'd switch over. So Im lowering the bar.

I honestly now dont think you have a clue about the company,people who have smart mining GHS know exactly what there getting at that hashrate for the next two years.Scambuster you call yourself,so who do you deal with

Really ? Please enlighten all of us. What exactly are smartmining contract owners going to get over the next 2 years?

Each and every person who is a customer knows exactly there payout.Again I ask who do you mine with??

 I cant tell at all what smartcontract owners will get exactly because I have no frigging idea what coins will appear in the next 2 years or how (un)profitable they will be. You say you do, please tell us? Thats what you're here for isnt it? "If you have a question that bothers you just ask ". Im asking.

Your faq states: "Our hardware supports wide range of crypto algorithms: Scrypt, Scrypt-N, X11, X13, Keccak and others.
At the same time our pools mine from 5 to 15 different crypto-currencies which are most profitable and promising at this time."

To  simplify this for the escrow agent, Im basing the bet on just one single protocol and one single coin. its not at all certain to be the most profitable, so as I said, I lowered the bar.

so your saying the amount of money people get from smartmining 100GHS today will be less than half in july

Thats not what Im saying at all. Im sayng hashprofit will no longer pay out what 100GH should actually yield in July. How much that is, I have no clue, you said you do, even for the next 2 years, as does every customer of yours:


So why not tell me?

Besides, if you are unhappy with my formulation of the bet, feel free to propose your own.

You become a customer and find out and I have better things to do on a late saturday afternoon than argue with you

Oh, is that the smell of weasel? ROFL. Why wouldnt you tell potential customers what they are getting before they sign up ? Let me tell you what I think they will get in 2 years, same as in ~6 months: Nil, zip, nada. niente. Endless threads 'gimme back my money'. Thats what they will get, I dont have to sign up to know that.

Besides, you already committed to the bet. Now Im even offering you to formulate the bet and select a trusted escrow agent. If you run away from this now, what should potential customers think of that?

The best way is currently to buy PFC over at C-CEX, and buy KHs for those. It's a lot cheaper. Im running with 8000 KH/s right now and are not having any issues.

However I value Puppets opinions and will proceed with caution.. :)

Here are some news about Hash Profit:

https://bitcointalk.org/index.php?topic=905567.

So Fluppen, you already have smartmining contracts, so according to conmaster you  know how much exactly will you earn from 100GH over the next 2 years, correct? If you dont know either, please ask conmaster to tell you because he doesnt want to tell me and I think we all want to know :)

Is it irony? This can't be counted.

Hey, dont drag me into your arugment :P But to answer the question, no, of course I dont. But you do get a daily estimate, and I think that is what coinmaster was referring to.

Thats not what he said.


So thats one confirmed lie.
Then he lied about answering any questions.
And of course most worryingly he lied about accepting my bet, so his reputation isnt even worth 1BTC to him.
lets quote it before its gone:


co(i)nmaster222
nomen est omen

Good luck with your investment.

This site bankrupt today their coin lose %80 percent of its current value end of story and even if they blame hackers for breaking into customers accounts and sell their coins in exchanges. Do not even force 2 fa authentication for all of their customers and do not even stop their site's sell kh function as well. Full of bullshit.

I don't think thats even possible, a user can only sell 15% of their KHs for PFC and that isn't even close to the amount of coins dumped today.

So it looks like a big lie to cover up for something.

As I said the company was under one of the biggest DDoS and hacking attacks against a cloudminer in history by our competitors as reported in most crypto news blogs.The hackers targeted accounts with no 2FA and weak passwords and stole from them and then flooded the exchanges with the profit coin to try and break the currency.In co-ordination with trolls on here they tried to cause mass panic getting people to sell there hash for PFC and make matters worse on exchanges.They also created a mass attack on the company payment system again causing us to shut down payments till it is safe for us to proceed. This attack was a pre emptive strike by our US competitors.Our email system was flooded by spam making it difficult to answer honest questions.Please be patient we are working around the clock first to secure the company infastructure and then get everyone paid.We hope very shortly to be back to normal and our lawyers may ask the forum owners for certain accounts ISP as they are/were part of a mass troll attack in conjunction with the security attack.Thank you for your patience.

And despite all that, 7000 new 'users' signed up, and you didnt deem it necessary to halt sales.

They are scammer, they've scammed my 0.03BTC.

I am really concerned you were wanting to bet and boasted how hashprofit was going out of business about an hour before the hacker attack it seems strange at the least

Ive been offering these bets for many months against all obvious ponzi's.
Id be far more worried why you weaseled out of it. Dont have enough faith in this operation to even bet 1 lousy coin?

Besides, how would a hack or DDoS significantly undermine any mining operation?  DDoS should have zero impact and being 'hacked' at most someone could steal a day worth of mining or something, thats not something you wouldnt recover from is it?

Sounds like bullshit. People with concerns are trolls attacking you and you poor and honest operators were abused by your US competitors whose names you won't reveal, right?

Recently a lot of services are reporting DDOS attacks when they have problems with their own management or want to draw attention to their company. This works as free advert and buys them time as people tend to sympathize with victims.

Sounds like... GAME OVER  :(

I've been with them since November 1st. I've had no problem with them. I checked their site over tor. It looks like it will be at least another week before we get any real answers.
https://i.imgur.com/Lidn3L2.png

I hope they are serious and puppet is one of the ISPs they are requesting, cause I asked him about a week or so ago if he was scared of a slander suit, if hashprofit is not a scam, and they do go thru with this, he will see exactly what he needed to be scared of. if its just an empty threat, there will one day come a time when people who use opinions and not experience to make accusations and assumptions about companies and post them on the internet will learn you need FACTS to back up your opinion or its just slanderous bullshit that could cost YOU more than you would have lost by just investing for the research and right to make a prediction.

Some people invest knowing the risk. This same in traditional Ponzi Scheme..

That was really a short story for me. I invested almost 0.5 BTC 2 weeks ago and I know that it's all over now. I am beginning to believe that cloud mining is the new age form of HYIP. I am really depressed  >:(

I've been testing them for 2 days...  so another 10$ for them. And I'm happy that I invest so low even I was thinking about 1000$.

And yes, for me there were some warnings before as russian version of site or whois info e.g. Admin City: PANAMA.
But still, I think they make pretty good money even if all users only test it for 10 bugs... .  :o

Perfect, how many people will be inspired from them now? Has it sense this branch (with honest approach)?

Their domain is whoisguarded only (Whoisguard is a company from Panama). Hashprofit can run their scam from anywhere else of the world.

The site is officially down
my $90 worth of investment is Fucking Gone
GONE U HEAR ME

FREAKIN PONZIS

well maybe some hope yet someone in the market buying PFC could be HP trying to get there coins back.If it was such a scam why would anybody be buying PFC in the first place

Since the site is gone I will claim the 1btc  DDoS attack really? Sending message will cost 0.03 BTC really?

1QEjRStFQSxPdM4QVMEgZxGNfSPL5zNMuh

Thanks

 ;D

I second this one, but I am only asking for the 0.83555BTC that Hashprofit scammed out of me. The website is still down and their self-imposed deadline has passed.

Edit: Here is some additional proof,

Delivery to the following recipient failed permanently:

     support@hashprofit.com

Technical details of permanent failure:
Google tried to deliver your message, but it was rejected by the server for the recipient domain hashprofit.com by mx.yandex.net. [93.158.134.89].

The error that the other server returned was:
550 5.7.1 No such user!

And ....

Delivery to the following recipient failed permanently:

     sales@hashprofit.com

Technical details of permanent failure:
Google tried to deliver your message, but it was rejected by the server for the recipient domain hashprofit.com by mx.yandex.net. [93.158.134.89].

The error that the other server returned was:
550 5.7.1 No such user!

And ....

Delivery to the following recipient failed permanently:

     partner@hashprofit.com


Technical details of permanent failure:
Google tried to deliver your message, but it was rejected by the server for the recipient domain hashprofit.com by mx.yandex.net. [93.158.134.89].

The error that the other server returned was:
550 5.7.1 No such user!


No working website + no working email + no way to publicly contact them + missed self-imposed deadlines = a scam

You may want to acknowledge that you were wrong here and cap the number of people claiming this against you. Otherwise you will end up dealing with something like this, https://bitcointalk.org/index.php?topic=140654 (https://bitcointalk.org/index.php?topic=140654).

You can send my 1BTC here: 1KM5LnpqdJD9jUGkLvA6d7qQN6gpjZCUJS

Topic will chane now as : '' My last days with Hashprofit''
what a pitty but it looks like a SCAM system..

Heh that bet is taken then
Send it to 1E he-he
Kind of annoying though that technically Bitcoinblackfriday was in November when they had the sale glad I wasn't in the mood for it kind of worth noting though.
RIP hashcoin

I will also claim my 1 BTC lol  ;D

CLAIMING MY 1BTC AS WELL
Since i lost my cloud mining on this too

Well the hashprofit site is still down and I have tried several times and means to contact them. And, I am willing to accept only .5 btc which was my contract that I had with them. Because of the holidays, I also never got to move my PFC coin, so they are gone as well!

Rick
(BTC) 1MrJCMEhDJeutkjzDzpXHFa2aw3PpL631E

Hashprofit.com
Name Servers
dns1.yandex.net
213.180.204.213

dns2.yandex.net
93.158.134.213

Site Status
IP Address   88.85.89.25

Status   active
Server Type   Apache/2.2.22 (@RELEASE@)
Traffic Info
6,846
242
Alexa Trend/Rank One Month
7,218
10,412
Alexa Trend/Rank Three Month

3.3
5%
Page Views Per Visit One Month
3.2
0.31%
Page Views Per Visit Three Month

Raw Registrar Data
Domain Name: HASHPROFIT.COM
Registry Domain ID: 1853025101_DOMAIN_COM-VRSN
Registrar WHOIS Server: whois.enom.com
Registrar URL: www.enom.com
Updated Date: 2014-08-03T22:36:19.00Z
Creation Date: 2014-04-02T07:21:00.00Z
Registrar Registration Expiration Date: 2021-04-02T07:21:00.00Z
Registrar: ENOM, INC.
Registrar IANA ID: 48
Registrar Abuse Contact Email:  @enom.com
Registrar Abuse Contact Phone: +1.4252982646
Reseller: NAMECHEAP.COM
Domain Status: clientTransferProhibited
Registry Registrant ID:
Registrant Name: WHOISGUARD PROTECTED
Registrant Organization: WHOISGUARD, INC.
Registrant Street: P.O. BOX 0823-03411
Registrant City: PANAMA
Registrant State/Province: PANAMA
Registrant Postal Code: 00000
Registrant Country: PA
Registrant Phone: +507.8365503
Registrant Phone Ext:
Registrant Fax: +51.17057182
Registrant Fax Ext:
Registrant Email:  @WHOISGUARD.COM
Registry Admin ID:
Admin Name: WHOISGUARD PROTECTED
Admin Organization: WHOISGUARD, INC.
Admin Street: P.O. BOX 0823-03411
Admin City: PANAMA
Admin State/Province: PANAMA
Admin Postal Code: 00000
Admin Country: PA
Admin Phone: +507.8365503
Admin Phone Ext:
Admin Fax: +51.17057182
Admin Fax Ext:
Admin Email:  @WHOISGUARD.COM
Registry Tech ID:
Tech Name: WHOISGUARD PROTECTED
Tech Organization: WHOISGUARD, INC.
Tech Street: P.O. BOX 0823-03411
Tech City: PANAMA
Tech State/Province: PANAMA
Tech Postal Code: 00000
Tech Country: PA
Tech Phone: +507.8365503
Tech Phone Ext:
Tech Fax: +51.17057182
Tech Fax Ext:
Tech Email:  @WHOISGUARD.COM
Name Server: DNS1.YANDEX.NET
Name Server: DNS2.YANDEX.NET
DNSSEC: unSigned
URL of the ICANN WHOIS Data Problem Reporting System: http://wdprs.internic.net/
Last update of WHOIS database: 2014-08-03T22:36:19.00Z

The data in this whois database is provided to you for information
purposes only, that is, to assist you in obtaining information about or
related to a domain name registration record. We make this information
available "as is," and do not guarantee its accuracy. By submitting a
whois query, you agree that you will use this data only for lawful
purposes and that, under no circumstances will you use this data to: (1)
enable high volume, automated, electronic processes that stress or load
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We reserve the right to modify these terms at any time. By submitting
this query, you agree to abide by these terms.
Version 6.3 4/3/2002

Information Updated: Tue, 13 Jan 2015 03:05:46 UTC

And some additional proof,

Delivery to the following recipient failed permanently:

     support@hashprofit.com

Technical details of permanent failure:
Google tried to deliver your message, but it was rejected by the server for the recipient domain hashprofit.com by mx.yandex.net. [93.158.134.89].

The error that the other server returned was:
550 5.7.1 No such user!

And ....

Delivery to the following recipient failed permanently:

     sales@hashprofit.com

Technical details of permanent failure:
Google tried to deliver your message, but it was rejected by the server for the recipient domain hashprofit.com by mx.yandex.net. [93.158.134.89].

The error that the other server returned was:
550 5.7.1 No such user!

And ....

Delivery to the following recipient failed permanently:

     partner@hashprofit.com


Technical details of permanent failure:
Google tried to deliver your message, but it was rejected by the server for the recipient domain hashprofit.com by mx.yandex.net. [93.158.134.89].

The error that the other server returned was:
550 5.7.1 No such user!


No working website + no working email + no way to publicly contact them + missed self-imposed deadlines = a scam